Reply #27: It's all bullshit and propaganda ....

[FrenchieCat]

Time Magazine is owned by Time-Warner, who also owns CNN who is part of the cable cartel that fixed our primaries, trashed Kerry and protected their native son, Bush to this day.

Guess the election is over and Time-Warner (parent Co. of CNN) has settled on paying the SEC 510 Million dollars as a settlement stemming from the Income Stock/advertising AOL fraud case that the Gov. has been hanging over their heads for the last 1.5 years.

The selection of Bush as Person of the Year is probably the difference between Time-Warner paying 510 million vs. 4 billion for the fraud it committed. Costly deal...but what's a multinational media corporation to do when the Governmnet has you by the balls?

To be honest, I don't give a rat's ass that Time Magazine selected *; nor what Time Magazine thinks; nor what they report. It's all bullshit and propaganda anyways. I'll leave it up to the Sheeples to find this "person of the year" turd food to be interesting and thought provoking.

http://news.yahoo.com/news?tmpl=story&u=/latimests/2004 ...
Time Warner Settles AOL Fraud Charges
Thu Dec 16, 7:55 AM ET
Media giant Time Warner Inc. agreed Wednesday to pay $510 million to settle government charges of accounting fraud at its troubled America Online unit, freeing the company to use its stock for acquisitions.

settlement would remove the uncertainty clouding the future of the world's largest entertainment company accused by regulators of inflating the advertising revenue of its Internet service provider.

Wall Street had been expecting a deal, because Time Warner set aside $500 million last month to resolve problems with the government. Time Warner stock has climbed more than 15% since.

The two-pronged agreement would be with both the Justice Department (news - web sites) and the Securities and Exchange Commission (news -web sites). It must be approved by SEC commissioners.

Wall Street analysts had been prepared a year ago for the accounting debacle to cost Time Warner as much as $4 billion in penalties and litigation. But Chief Executive Richard Parsons took a hard stance with regulators, refusing to admit guilt even though that might have more quickly resolved the investigations.

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