NY Times "News You Can Endow" Op-Ed Article Circa January 27, 2009

News You Can Endow
By DAVID SWENSEN and MICHAEL SCHMIDT
Published: January 27, 2009

"Although the problems that the newspaper industry faces are well known, no one has offered a satisfactory solution. But there is an option that might not only save newspapers but also make them stronger: Turn them into nonprofit, endowed institutions — like colleges and universities. Endowments would enhance newspapers’ autonomy while shielding them from the economic forces that are now tearing them down."

[...]

"By endowing our most valued sources of news we would free them from the strictures of an obsolete business model and offer them a permanent place in society, like that of America’s colleges and universities. Endowments would transform newspapers into unshakable fixtures of American life, with greater stability and enhanced independence that would allow them to serve the public good more effectively."

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To give a little background on this for those who may not already know,
I spend a lot of time trying to come up with solutions
on how to save the journalism industry.

Here is a piece I wrote on December 8, 2008 entitled, "How To Save The New York Times":
http://www.newglobalorder.org/2008/12/how-to-save-new-york-times.html

Though I am deeply honored to read some of my ideas expanded upon and published by two financial experts in the New York Times (within just two shy months of me submitting this "How To Save The New York Times" op-ed material to the NY Times President, Publisher, & Editor), I am a tad disheartened that I never received any legitimate response or follow-up from the NY Times regarding my material.


Of course, it probably goes without saying
that I never received any citation in this Op-Ed article
and never received any compensation from the NY Times for sharing my ideas.