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Posted on 05/02/2013 2:54:27 PM PDT by onyx
Threats by members of the Los Angeles City Council to use the city’s pension funds to penalize investors if they sell the Los Angeles Times to Charles and David Koch could be illegal and unconstitutional, experts say.
A proposal by councilman Bill Rosendahl would allow the city to yank investments by the city’s three pension funds in the Tribune Co., which owns the Times, if the company opts to sell the paper to someone who does not uphold “the highest terms of professional and objective journalism.”
Rumors that libertarian industrialists Charles and David Koch might buy the paper spurred him to propose the motion, Rosendahl told the Times. He did not respond to a request for comment.
“Frankly what I hear about the Koch brothers, if it’s true, it’s the end of journalism,’’ Rosendahl told the paper.
The Koch Brothers are reportedly considering purchasing the Tribune Co., which owns the Times, though they are also said to be uninterested in the company’s other media properties, which include 23 local television stations, a national cable network, and other newspapers.
“We cannot support the sale of the Times to entities who Times readers would view as a political transaction first and foremost, turning L.A.’s metropolitan daily into an ideological mouthpiece whose commitment to empirical journalism would be unproven at best,” Rosendahl wrote.
Legal experts say Rosendahl’s political motivations in directing the city’s pension funds could run afoul of the Kochs’ First Amendment rights.
A Koch spokesperson declined to comment on the issue.
“The government generally can’t discriminate against government contractors based on the content or viewpoint of the contractors’ speech,” University of California Los Angeles law professor Eugene Volokh said in an email to the Washington Free Beacon.
(Excerpt) Read more at freebeacon.com ...
Kock’s should have been Kocks.
They are threatening to divest from seller who is public
“Frankly what I hear about the Koch brothers, if it’s true, it’s the end of journalism,’’ Rosendahl told the paper.
“Frankly what I hear about the Koch brothers, if it’s true, it’s the end of Marxism,’’ Rosendahl told the paper.
Fixed it .
The neofascist nazis are trying to drag America into the dark ages.
The quality or value of the work doesn’t matter if it doesn’t uphold the neofascist ideology. Its the same across all creative disciplines. Art, music, literature, science, medicine, the quality or value of the work is secondary to whether the creator holds the right ideological view.
If Jonas Salk were to develop the polio vaccine today and make the mistake of expressing a pro life view, we would face more years of polio wrecking lives.
>> Legal experts say Rosendahl’s political motivations in directing the city’s pension funds could run afoul of the Kochs’ First Amendment rights.
Racketeering? Coercion?
Exactly : )
So the Times is an entity wholly owned by another entity?
How would L.A. divesting in that hurt the Kochs?
I did not think of that but of course you are correct.
The Kochs have as much right to buy the paper as anyone.
I just wish they were actually as conservative as most people think they are.
Well said.
” These economics-challenged morons are running DOWN the price for the LA Times by this kind of talk -— for the benefit of Koch and against the benefit of the unon pension funds.
AWESOME!”
Very!
“City funds?” We didn’t know that the paper was communist-owned, but we do now.
The Communist Takeover Of
America - 45 Declared Goals
#20. Infiltrate the press. Get control of book-review assignments, editorial writing, policy-making positions.
http://rense.com/general32/americ.htm
(HURRY, commies!!!)
Years ago I saw something very disturbing along these lines. Some token black Dem politician was saying that when you control millions in pension funds you don’t have to march in the street anymore; they would vote with the shares they held (basically shareholder activism by the Dems). On a positive note, lib shareholder proposals contribute to a speedy demise of a company; if they insist you hire people just because of their color, the bottom line is hit immediately.
This dope openly threatened this on TV.
Republicans don't have civil rights.
Ask Newt Gingrich, whose cellphone conversation was illegally intercepted by Democrats in Florida.
Ask Linda Tripp, whose Pentagon job application was illegally released to the press by Democrat Defense Department spokesman Kenneth Bacon.
Ask Sarah Palin, whose Yahoo email account was illegally hacked by the son of a Tennessee Democrat state Senator.
Ask Milwaukee Republicans whose get-out-the-vote vans had their tires slashed by the son of Democrat Congresswoman Gwen Moore.
Ask Mitt Romney, whose private meeting with donors was illegally videotaped by a union bartender.
Ask Mitch McConnell, whose campaign office was illegally bugged by liberals.
Ask any conservative speaker on college campuses, whose speeches are disrupted by liberal students.
-PJ
““turning L.A.’s metropolitan daily into an ideological mouthpiece whose commitment to empirical journalism would be unproven at best,” Rosendahl wrote.”
And what is it now?
I’ll take libertarians over liberals any day.
BTTT
The Koch bros should just buy Los Angeles. Then they could kick the city council to the curb.
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