Billions Quote by Bill Moyers
“The most important thing the giant philanthropies could do - Gates, Rockefeller, Ford, Open Society Institute, and new ones emerging - would be to create a $2-to-$3 billion Trust for Independent Journalism. They wouldn't miss the money, and democracy would still have a fighting chance because of their investment.”
About This Quote
Source Interview: Media Forum, 2005
Philanthropists should fund an independent journalism trust to sustain democracy.
In simple terms: Fund journalism to protect democracy.
Create a trust for independent news.
Themes
Mood
Type
When to use this quote
- nonprofit funding
- policy advocacy
- media outlets
Key Concepts
Questions to Reflect On
- How ensure trust independence?
- What safeguards are needed?
Trusts may face political pressure or mismanagement.