(cross posted at DKos when it comes back online)

If things are not already bad enough in the media, I stumble across this posted at ThinkProgress.org:

Air America Radio will announce a major restructuring on Friday, which is expected to include a bankruptcy filing, three independent sources have told ThinkProgress.
Air America could remain on the air under the deal, but significant personnel changes are already in the works. Sources say five Air America employees were laid off yesterday and were told there would be no severance without capital infusion or bankruptcy. Also, Air America has ended its relationship with host Jerry Springer.

More…
Air America is a must listen to radio station, it is the ONLY progressive voice out there in a sea of right wing commentary, and I can’t express how disturbing this new development is to the voice of reason in the upcoming elections.

Why are they filing bankruptcy now?  Two months before the elections?  Is this yet another way we lose our voice in the main stream media?  Can’t help but think about the ABC mini-series….that program was aired,  with the errors, and now Air America my bite the dust.  
Not good, not good at all…..

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