Boston Mayor Tom Menino’s proposal to prop up the Bay State Banner with a $200,000 loan administered by the Boston Redevelopment Authority. Talk about a conflict of interest. No word on whether Banner publisher Melvin Miller is on board. Let’s hope not.
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I think the offer comes from good intentions, and I don't fault the mayor for trying to save the Banner.But can you imagine if the financial problems continued, and the city had to foreclose on the paper? That would be far worse than the current situation.
What troubles me about any media outlet accepting a loan, or bailout from a government entity is what sort of bearing will it have on the paper's objectivity in covering that entity?