From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
The FTC has absolutely no business funding a private business or profession. If there is a need for more journalist's then the free market will see to it that the need is filled. The same applies to the FTC attempt to sustain the print journalism industry - if the free market sees a need, it will be filled. The FTC does not need to be in the "buggy whip" business at a time when the paradigm for the industry is changing. The dinosaurs will either prosper, evolve, of they will die off. Mind your Congressional mandate and stay out of things that are not part of your charter.