Thanks to a Wizbang lead, I can answer SondraK’s recent question about why Air America was no longer on the air. SondraK? An Air America listener? Perhaps she takes Zantax afterwards.
Air America went on the air with great fanfare, throwing lavish parties and promising to uproot Rush Limbaugh from the airwaves. The only problem appears to be that they don’t have any money, they ranted and raved against the very capitalists that they are now making sales pitches to. Air America’s days are over unless George Soros rides to the rescue – which he might, this is a perfect opportunity – and bails them out. I believe some liberal will float them a gift to get them through the election cycle since Air America would be able to get around McCain-Feingold campaign finance laws.
What happens after that? Air America looks like they might be selling off their assets (but not the liabilities) to a shell corporation that they also hold. I think that’s illegal, so we might be seeing some free Air America publicity as Air America executives plead innocent and blame the collapse on conservative activitists.
What caught my eye about the original article was the extravagant party Air America threw but didn’t follow up with actually paying the bills. Wizbang gets it spot-on:
Mr Visotcky gives us the defining quote of liberalism. “It was a fun party, until I knew I was paying for it,” as long as they can play with other people’s money their motto is “Party On!”
With one sentence, the Air America guest eloquently sums up everything I think is wrong with liberalism. “It was a fun party until I knew who was paying for it.”
Chasing the Wind 
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