How the Long Arm of GE (Retired Jack Welch) & Others Rules our Media!

[KoKo]

http://makethemaccountable.com/coverup/Part_04.htm

Here's the CRUX of the Problem with the TV MEDIA and how it's served to decimate the "Little Folks" out there since well before Clinton. So "second link" is probably the one to Read or Re-Read now that we've lived SIX YEARS UNDER THE TYRANT!

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PART FOUR: DEMOCRACY, GENERAL ELECTRIC STYLE

By David Podvin and Carolyn Kay

Shortly after George W. Bush declared his candidacy for president in June of 1999, General Electric Chairman and Chief Executive Officer Jack Welch was contacted by Bush political advisor Karl Rove. Welch later informed associates that Rove told him a Bush administration would initiate comprehensive deregulation of the broadcast industry. Rove guaranteed that deregulation would be implemented in a way that would create phenomenal profits for conglomerates with significant media holdings, like GE. Rove forcefully argued that General Electric and the other media giants had a compelling financial interest to see Bush become president.

Welch told several people at GE that the conversation with Rove convinced him that a Bush presidency would ultimately result in billions of dollars of additional profits for General Electric. Welch believed that it was his responsibility to operate in the best interest of GE shareholders, and that now meant using the full power of the world’s biggest corporation to get Bush into the White House.

Toward that end, Welch said that he would finally deal with a longstanding grievance of his: the ludicrous idea that news organizations should be allowed to operate in conflict with the best interests of the corporations that own them.

Since the beginning of the country, it has been considered appropriate for the business community to exercise its right to aggressively support the candidate that best represented its interests. The new dimension that Welch introduced was the concept that the mainstream media should aggressively advance the political agenda of the corporations that own it. He did not see any difference between corporate journalism and corporate manufacturing or corporate service industries. Business was business, and the difference between winners and losers was profit, whether you were selling nuclear power or ads on the network news. From Welch’s perspective, it was insanity, not to mention bad business practice, for the corporate owners of the mainstream media to restrain themselves from using all of their assets to promote their financial well being.

In general, he saw corporate news organizations as untapped political resources that should be freed from the burden of objectivity.

Specifically, NBC News was an asset owned by the shareholders of General Electric. It existed to make profits and to serve the interests of those who owned GE stock. Period.

Anything else, Welch told associates, was “liberal bullshit”.

Much More of this Great Read that tells it all...at....

http://makethemaccountable.com/coverup/Part_04.htm

[AnneD]

1. Call me sick...

But I get up early, 5:30 on Sat to catch Wall Street with Maria Bartiloma (sp). One of the worst interviews was when she interviewed Welch. She all but got on her knees and gave him a blow job on the air. I could hear my journalism teacher rolling over in his grave. I :puke:.

[orwell]

3. Makes me...

...want to be Jack Welch...at least for a long afternoon with Maria...

[KoKo]

5. Maria! Maria! was there with her stock broker hubbie at Colbert's

great "Call Out" for the Press Association Dinner. She smiled and posed for the Press while here Morgan Stanley hubbie (whom DU CNBC watchers would recognize as a "regular analyst" and she did look good but...........

:puke: for the CNBC WHORES who work for WELCH, TOO! MSNBC/NBC/CNBC...all tools of JACK WELCH and the Corporate PROPAGANDA!!!

[peacetalksforall]

2. We've just had testimony to widespread delusion. We have to put up

with thi slunacy. We are being cheated big time. Anyone who owns stock of any of these companies is a traitor. Anyone who subscribes to these companies is a traitor.

Welch is NUTS and look what crazy out-of-mind logic has brought us - THIEVERY - he and Murdoch, CBS, ABC, Time-Warner are stealing us andour country.

Pathetic.

But this started in 1992 1990 Gulf War time.

How are you supposed to have a pleasant life with criminals like they are, plus their pathetic employees and advertisers.

[KoKo]

6. Matthews, Russert, Welch...all own homes on Natucket Island...

Coincidence isn't it.....

We've been sold out...but we shouldn't blame folks who have to have jobs and if GE is hiring...well they have to apply to support their families.

That's how these Corporations get us these days. Where else are their good paying jobs? And, if you want to get raises and stay employed...you tow the line.

They've got it all locked up...and if you don't agree? Go on WELFARE or STARVE!!!!

[DesEtoiles]

4. [email protected]; [email protected]