Reply #150: Two things that came out of the telecommunications act that few people realize:

[Initech]

The first thing, and the most obvious, is Fox News. Fox News can say pretty much anything they want, regardless if it's true or not. Add that with the ability to disguise tabloid journalism (you know, Britney Spears, ad nauseum), and you have one big steaming pile of crap that wouldn't have existed without that legislation being passed.

The second is the consolidation of media companies, the most recent is Rupert Murdoch's purchase of the Wall Street Journal.