HERE'S A STELLAR IDEA: Let's pass a tax on Internet companies to create a state fund that invests in worthy newspapers. That's basically akin to what alternative energy venture capitalists are proposing to do with Proposition 87 -- tax your competitors (the oil industry) to fund yourself.
Private capital is flooding into the alternative energy sector already, but you'd hardly know it from the glamorous Yes on 87 campaign. That's because the measure's backers appear to be managing a film awards ceremony rather than a political campaign. It seems like every half-hour we get an e-mail touting the latest starlet to just say yes to 87. Alyssa Milano! Julia Roberts! Sharon Stone! Eva Langoria! Salma Hayek!
Bill Clinton! The former president is on the side of the starlets and is featured in the most stirring TV ads of the political season (and there are plenty on both sides of 87, given the more than $125 million raised to support or oppose the initiative).
With all due respect to a former president we admire, his shilling for this initiative is, well, embarrassing. He should know better than Alyssa.