January 18, 2007

Bill Moyers Speaks on Media Conglomerates' Threat to Democracy "The lobby representing the broadcast, cable, and newspapers industries was extremely powerful, with an iron grip on lawmakers and regulators alike. Both parties bowed to their will when the Republican Congress passed and President Clinton signed the Telecommunications Act of 1996. That monstrous assault on democracy, with malignant consequences for journalism, was nothing but a welfare giveaway to the largest, richest, and most powerful media conglomerations in the world. Goliaths, whose handful of owners controlled, commodified, and monetized everyone and everything in sight." video, audio links here via Ol' Bluey