Rejected for Google News

I used to own a Google News site that was bought from a person who worked at rawstory.com

From what I gathered, the basic criterias for inclusion in Google News were

1. There had to be multiple contributors i.e. more than 1 person who writes the news
2. The news must be updated on a regular basis
3. The news stories must be written in a journalistic style.

 

Can there be 5 people working for the same company?

 

My site was a liberal political blog of which there were only 3-5 regular contributors including the previous blog owner.

If you could get your site into Google News, you will find that people will be willing be pay at least $3500 to $5000 for it without any revenue.

 

Even the content for the news must be unique & 300-500 words.

 

Yes, it is not easy to get accepted into Google News.

 

Pls review my site and tell me is it ready for Google News submission. If not then what are the areas which require corrections http://bit.ly/damETG

 

Do you mean that we have to wait for a while or we can decide that our site is not passed QC?