...but this isn't stopping Al Franken-furter.

Air America Radio, the liberal talk and news radio network, sought bankruptcy court protection after losing $40.9 million since May 2004. The liberal leaning network seeks this protection despite Air America Radio's reach into radio stations in the top U.S. markets. In New York it is aired on WWRL AM. Besides key political satirist and potential real candidate for the senate, Al Franken, the on-air personalities include Randi Rhodes and Robert Kennedy Jr.

Apparently Air America will keep broadcasting after receiving court permission to use $900,000 in financing from Democracy Allies LLC today, Tracy Klestadt, a bankruptcy lawyer for the company, said in a statement to the press.

"I think they're not going to make it in this current form,'' said Paul Levinson, media studies chairman at Fordham University in New York. "It's a sad day because we need as much political diversity in our media as possible.''

Allegedly a creditor froze the bank accounts of Piquant LLC, which operates as Air America, the court filing shows. Piquant said Multicultural Radio Broadcasting Inc. A spokeswoman for Multicultural has not issued any comments. Court papers show Piquant owes Multicultural $550,245.

But the larger question looms despite the financial woes of the left of center radio pundit pulpit, is Franken just a comedian or a genuine politician in the making?

When asked by journalists if he is in fact vying for Norm Coleman's seat in the senate from the great state of Minnesota, Franken plays it cagey.

Franken is at the height of his game currently. Franken has penned three bestsellers, and a strange documentary, God Spoke, that opens with a staged scene echoing a Mel Brooks outtake from The History of the World, Part 1, with Franken in his Moses schmatte, carrying stone tablets and listening to the thundering voice of God - in actuality it is actually Franken's own voice, which is merely the start of the echo chamber effect this movie produces about his transition into politics.

Franken is adept at working real politics and layering his deeds with entertainment, last year the launch of Franken’s Midwest Values PAC, a formidable fund raising organization that caters exclusively to Minnesota Democrats in tight races.

http://people.monstersandcritics.com/article_1211178.php/Air_America_bankruptcy_not_stopping_Al_Frankens_politcal_musings