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Re: Congress moves to bail out newspapers - and regulate just a little of what they p



Nope.


It's THE way of controlling the media.



I don't find it insane. I find it disturbing... to put it mildly. Especially when taken in the context I presented in the OP:


1.) Obama admin provides huge bailout funds, and uses them to buy majority shares in affected firms.


2.) Obama admin announces they will impose controls and regulations on bailed-out firms, overseeing day-by-day operations.


3.) Obama admin announces displeasure with execs getting bonuses that were planned and contracted long before govt money was involved, and announce a 90% tax rate only on bonuses of execs in bailed-out companies.


4.) Obama admin announces plans to control and regulate the pay of execs in firms NOT bailed out by the Fed govt.


5.) Obama admin announces plans to control day-by-day operations of companies NOT bailed out by the Fed govt.


6.) Obama admin introduces bill to bail out newspapers, and to impose regulations on what they can say.



Orwell described a pretty scary society in his novel. But he introduced it as a fait accompli, something that was well-imbedded and had been functioning for a long time. He never described how we got there from here.


I think we're starting to see the first part of that description, now.


It may not be the present administration's intention.


But then, it never is.


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