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So long, farewell, auf Wiedersehen, good night!
UPDATE: Please add a question mark to that headline, Radio Equalizer now says the bankruptcy story may have been a "dirty trick". Below is how we originally reported the story...
In what can only be a disturbing development for Keith Olbermann's attempt to turn his MSNBC show into a video version of Air America Radio, the floundering libreal talk radio network began laying off employees and firing radio show hosts in anticpation of yet another bankruptcy filling which is now expected by the end of the week. Among the casuaties, morning show host Jerry Springer.
It was not immediately clear whether AAR will remain on the air after this week.
The Soros-funded Center for American Progress broke the news on their ThinkProgress blog moment ago in a post that is clearly an attempt at a "pre-emptive strike" against right-wing critics including talking points on how Air America Radio "succeeded" because it "created progressive talk radio format" and, in a classic bit of OlbyLogic, because the most successful liberal talk show hosts were not associated with Air America Radio.
UPDATE (h/t Drudge): My buddy Eric Deggans of the St. Pete Times "told" Newsmax that in an email, Air America spokesperson Jamie Horn "denied" the rumor, saying:
"If Air America had filed for bankruptcy every time someone rumored it to be doing so, we would have ceased to exist long ago. It may be frustrating to some that this hasnâ€™t happened. No decision has been taken to make any filing of any kind. We are not sure of the source of these rumors."
Of course, the source of the "rumor" is well-known, the Soros-funded Center for American Progress blog. The CAP is closely aligned with AAR, with CAP people appearing regularly on AAR shows. And the "rumor" was not that Air America Radio HAD filed for bankruptcy but that it would be doing so Friday and that it was not clear whether they would be on the air next week. Horn sidestepped both issues in her email to Deggans so its anyone's guess what's going on.
Meanwhile, Al Franken told Radar that he has is no longer being paid by Air America Radio:
"We do know that there have been cash-flow problems. I haven't been paid in a while. Like, there's no cash flowing to me."