HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » What Will Happen to The T... » Reply #6

Response to kpete (Original post)

Tue Jan 7, 2020, 12:55 PM

6. Rich makes a mistake by ending Moon's part as if he were washed up in '82

Moon made heavy investments in conservative messaging infrastructure. He may have gone to prison in 1982, but only for 13 months, and before he went he founded the Washington Times newspaper, supposedly as a conservative counterweight to the WaPo. It conveniently provided headlines and props for Republicans in congress to wave around as supposedly neutral reporting about the usual conservative axe-grinding points, or inveighing against investigations of Reagan-Bush scandals. It served as a precursor to FOX as a "mainstream" conservative spin factory.

It also happened to lose lots of money, and Moon sunk about $2 billion into it over the years. He did not expect to get that money back selling newspapers.

He also provided support to other conservative projects. When the Falwell's own Liberty University was on the verge of failing in 1995 due to high debt, Moon bailed it out. Staying out of the sort of scandals Rich alludes to was easier as Moon fostered allies among more conventionally home-grown conservative extremists.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 11 replies Author Time Post
kpete Jan 7 OP
BKDem Jan 7 #1
NewJeffCT Jan 7 #2
grumpyduck Jan 7 #3
pangaia Jan 7 #4
Greybnk48 Jan 7 #5
LineNew Reply Rich makes a mistake by ending Moon's part as if he were washed up in '82
JHB Jan 7 #6
malaise Jan 7 #7
bucolic_frolic Jan 7 #8
SWBTATTReg Jan 7 #9
moondust Jan 7 #10
The Blue Flower Jan 7 #11
Please login to view edit histories.