Arathain Kelvar wrote:
Vindicarre wrote:
Here, understand it now?
Yes, because giving money most assuredly only means direct cash contributions; never things such as FCC regulations or fines, or approving mergers and EM spectrum allotments for some and not others.
I disagree. Regulations and fines from the FCC most assuredly do exist.
Being a smart-ass won't allow you to skirt the facts.
Arathain Kelvar wrote:
Vindicarre wrote:
You've got no answer other than crying foul about grammar, or tone - kudos.
Not crying anything. Your post was a weird over the top sarcasm-fest that was difficult to follow.
You're using that excuse a bit too much, it would seem.
Arathain Kelvar wrote:
But, here goes - you made a claim that it's not free-market because of subsidized loans (which you did not demonstrate) and insinuated that the government gives billions to push its agenda in the media (which you did not demonstrate).
Yup, I would be at fault for thinking that you were intellectually curious and would wonder where these points came from; guess I was wrong.
Subsidized loans:Quote:
This chart (from Bloomberg, via Zero Hedge) breaks down the TLGP borrowings of individual institutions as of Nov. 30 and the interest rates they're paying. General Electric was the largest user, with nearly $88 billion.
Agenda and Initiatives:Quote:
"The government has moved in next door, and it ain't leaving," Mr. Immelt said at the International Economic Forum of the Americas in Montreal in June. "You could fight it if you want, but society wants change. And government is not going away."
A close look at GE's campaign to harvest stimulus money shows Mr. Immelt to be its driving force. The 53-year-old executive supported the presidential campaign of Sen. John McCain, yet scored an invitation onto the President's Economic Recovery Advisory Board, led by former Federal Reserve Chairman Paul Volcker. Inside GE, he pushed his managers hard to devise plans for capturing government money.
As part of that effort, GE has promoted policy proposals such as a government-backed power-grid modernization, and pressed the government to increase the size of stimulus grants for that purpose. It also has helped customers design projects and apply for government money, with the expectation that those customers will then buy GE equipment.
Arathain Kelvar wrote:
None of this indicates that CNN would have some sort of non-free market reason for running these stories. Sorry, but I disagree with your assertion.
CNN ran these stories because they thought they would increase ratings and revenues. CNN competes in a REGULATED free market with many other news agencies, and is interested in turning a profit.
Ahhh, I see, now it's a "REGULATED free market". Sorry, that's not the assertion you started with.
Arathain Kelvar wrote:
Nothing you've said (even if I take your unsupported assertions at face value) changes my opinion on this.
I'll spell it out for you, the gov't gives loans (hell it creates whole new loan programs) at special rates to corporations "interested in turning a profit" and divvys up lucrative contracts to corporations "interested in turning a profit". The corporations "interested in turning a profit" tend not to bite the hand that feeds them.
Arathain Kelvar wrote:
Vindicarre wrote:
As for your question, I believe every decision is colored by the involvement of the government taxpayer $$ being handed out by the gov't. Care to tell us why "The news is free market", as you so self-assuredly stated?
You can believe that if you like. Taxpayer dollars are a small source of profit for news agencies, so I disagree.
I guess that a light bulb is a small source of profit for GE, so they don't make any attempt to sell them.
Since taxpayer dollars make up such a small source of profit I guess they don't pursue them. I guess
MSNBC's profits of $400 million in 2008 are so big that contracts worth
$630 million wouldn't have a tendency skew choices.
Arathain Kelvar wrote:
Also, I fail to see any logic behind the assertion that the government would have a hand in playing these dumb stories.
If you don't want to see that the gov't giving out contracts and subsidized loans affects how things are run, and still results in a free market, you're just being obtuse.
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"Dress cops up as soldiers, give them military equipment, train them in military tactics, tell them they’re fighting a ‘war,’ and the consequences are predictable." —Radley Balko