Wednesday, January 26, 2011

"The Biggest Lie in American Politics"

"This last week provided proof in spades that big business has become a tool of the state. On Jan. 18, the Federal Communications Commission OK'ed the merger of Comcast and NBC Universal. In order to obtain permission for that merger, however, the FCC required that Comcast fulfill certain conditions: NBC and Telemundo will need to add 1,000 hours of local news; Comcast must subsidize low-income Internet access to the tune of $10 per month for 2.5 million low-income households; and most egregiously, Comcast must increase Spanish-language programming.

Comcast, seeking to confirm the $30 billion deal, went along with the regulatory blackmail. And so Comcast became an active part of the liberal program to reach out to Hispanics, the poor, and a news media that desperately needs government interventionism in order to survive."

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