Posted on 05/12/2006 10:32:06 AM PDT by raccoonradio
This is a lesson in “If you pay the right people enough money, laws will be changed so that your corporation can own more than a fair share of the market.”
Bush Connection to Clear Channel
In 1998, George W. got an excessive amount of money from a guy named Tom Hicks.
Here’s how: Tom Hicks purchased the Texas Rangers from George W. Bush and other investors for $250 million. From an initial investment of $600,000 George W. profited $14.9 million on the transaction.
On January 22, 2001, (un-) President Bush designates Michael Powell, son of Secretary of State Colin Powell as Chairman of the FCC.
Tom Hicks then becomes Vice Chairman of Clear Channel Radio.
One dog says to the other, “I licked your ass, now you can lick mine.”
On June 2nd, 2003, FCC Chairman Michael Powell voted to further loosen media ownership rules.
Clear Channel goes from owning 36 radio stations (two below the legal limit at the time) to over 1200!
So easy!
Now, you know what this means, right?
If one media corporation owns more and more of the market, we the public get a narrower news perspecive. How are we as citizens supposed to make up our own mind when we’re not given all sides of the story? Sounds like fascism to me. Who could support an administration that supports this kind of a policy?
As for the people who think the media is already liberal enough: Maybe the Journalists, Reporters and News Readers are, and maybe even the Program Directors, but not necessarily true for the CEO’s and owners of those huge corporations. They are the ones in charge, and they support the party that supports the corporations. That’s not the same as supporting the people now, is it?
Well, there they go again...
>>Clear Channel goes from owning 36 radio stations (two below the legal limit at the time) to over 1200!
If they're referring to the FCC media deregulation, that happened during the Clinton administration! Yes, the rules were FURTHER loosened in '03, but the ownership rules were originally loosened back in '96, IIRC! When Bubba was in office. But these guys forgot to mention that. So if Clear Channel suddenly zoomed up to over 1,200 stations, it was probably during a Dem. administration!
>>a narrower news perspecive
Guess what company owns a whole bunch of Air America stations? Clear Channel... (though some feel that they put AAR on to hold off the FCC from bringing back the un-Fairness doctrine)
>>Sounds like fascism to me
Sounds like capitalism to me.
>> Maybe the Journalists, Reporters and News Readers are (liberal), and maybe even the Program Directors, but not necessarily true for the CEO’s and owners of those huge corporations
But dear moonbat, whether or not the owners are liberal or conservative, the reporters/anchors, etc. are most definitely liberal, for the most part. Otherwise, why did we go through years of "The CBS Evening News With Dan Rather" and not "The CBS Evening News With Rush Limbaugh"? :)
A ship called the Arthur Anderson was the last to be in contact with the Edmund Fitzgerald the night she sank. Now Arthur Anderson was the accounting firm for Enron that's connected to Dick cheney and George Bush Sr was a high ranking man with the CIA at the time of the Edmund fitgerald sinking.
Coincidence?
LOL
Gore Can 'Buy' 2008 Election
Al Gore has such a fortune in Google stock that he could easily fund his own campaign for the White House, Democratic insiders say.
Gore became a senior adviser to the Internet search engine back in February 2001, and is a close friend of CEO Dr. Eric Schmidt. Google shares went public in 2004, and the stock has soared from $85 a share to more than $400. Co-founders Sergey Brin and Larry Page are worth an estimated $11 billion each.
Gore "owns a ton of Google and he's made enough money that he could wait until a month before and just drop $50 million in to launch a [2008] race," a well-placed Democrat told Deborah Orin of the New York Post.
"He's got way more than enough money to buy this thing at any point in the process."
Gore spokesman Mike Feldman said the former vice president "is not running for president" and is focused on global warming.
Gore stars in a documentary about global warming, "An Inconvenient Truth,” which premieres next week.
But a Gore friend told Orin: "He's doing what he should do if he wants to run. When you run and get the most votes as he did in 2000, I don't think psychologically you ever move on.”
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