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Selatius

(20,441 posts)
3. "Freedom of the press is guaranteed only to those who own one." -- A. J. Liebling.
Sat Jul 14, 2012, 04:24 AM
Jul 2012

This is the problem in a nutshell. We don't have an equivalent publicly owned news outlet such as the BBC in Great Britain. The result is censorship of the corporatist variety instead of the statist variety, like that seen in Nazi Germany or Pinochet's Chile.

Many of the news outlets likely did not want to critically examine the evidence about weapons of mass destruction, simply because a major war drives ratings like nothing else, and high ratings equals greater profits from being able to charge higher ad fees for those that buy time. Why would they then go after Bush-Cheney over torture if Bush-Cheney made them money off of the war to begin with? They won't.

Also, what's to stop people who own stock in media companies and control them from also owning defense stocks and controlling those companies as well? The answer is nothing. With enough money, you can buy companies in both markets or at least gain a significant amount of control in both.

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