Tuesday, October 09, 2012

Big Bird cost you almost a half billion a year.

Public Broadcasting receives only 15% of their annual budget from the federal government (Read: Your tax dollars)

However that 15% amounted in 2012 to just shy of a half billion; $445,000,000 

Meanwhile, thanks to the poor business practices employed by PBS they failed to cut themselves in for any royalty from "collateral sales". (Muppets)

Thus they broadcast what amounts to a Muppet infomercial while the late Jim Henson died leaving an estate of over 90 million.

If you don't feel short changed by all of this, you're not paying attention.....but we're all paying for Big Bird.

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