Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LS
See, I disagree. They aren't "businesses," and should never be viewed as such. They are sham fronts, whose real purpose is to act as subsidized propaganda arms of the Left. So it won't matter if they lose money.

I see your point. But we do disagree. As presently structured, the DriveBy Media are almost all businesses that must make money to survive. They are for the most part publicly traded companies that must disclose financial data to shareholders in accordance with GAAP (Generally Accepted Accounting Principles). Unless they make money, they will go out of business.

True enough, they print and broadcast DNC talking points, but that monopoly is OVER. And, as you suggest, they may reconstitute themselves as organs of the political parties and funded by them as was prevalent in the 1800's. And who is to say that won't be a better system than what now exists.

61 posted on 01/08/2008 5:29:33 AM PST by abb (The Dinosaur Media: A One-Way Medium in a Two-Way World)
[ Post Reply | Private Reply | To 59 | View Replies ]


To: abb

Ok, you say “to survive.” I know countless boutique shops that I know do not ever turn a profit, but stay open year after year because the woman’s rich husband writes them off as a tax loss. What is to keep a bigger corporation from writing off such a “news” outlet as a tax loss year after year? As long as the shareholders don’t care . . . .?


64 posted on 01/08/2008 9:24:54 AM PST by LS (CNN is the Amtrak of News)
[ Post Reply | Private Reply | To 61 | View Replies ]

To: abb; LS; MeekOneGOP
Dear MeekOneGOP: FWIW Wayback Machine preserves yet another conservative site ( http://www.anticommunism.org ) that our opponents apparently defaced. You may remember me from mutual threads about using Wayback to resurrect the Democratic Socialists of America site to see Pelosi and her minions proudly posing. Until someone apparently got embarrassed about the Democratic Socialists of America looking too similar to the National Socialists of Germany and decided to sanitize the site by redacting all prominent serving Democrats. LOL.

Dear abb,LS: Getting back to our thread I admit that in my zeal I overemphasize economics to the point of making it omnipotent as described in FALLACY 1.

A Brief Critique of the Communist Approach to World Problems

FROM: The Naked Communist by W. Cleon Skousen (1958), pp. 61-88
http://www.amazon.com/exec/obidos/ASIN/1568493673/

...

FALLACY 1 -- The first fallacy of Communism is its attempt to over-simplify history. Marx and Engels attempted to change history from a fluid stream, fed by human activities from millions of tributaries, into a fixed, undeviating, pre-determined course of progress which could be charted in the past and predicted for the future on the basis of a single, simple criterion -- economics. Obviously economics have played a vital and powerful role in human history but so have climate, topography, access to oceans and inland waterways, mechanical inventions, scientific discoveries, national and racial affinities, filial affection, religion, desire for explanatory adventure, sentiments of loyalty, patriotism and a multitude of other factors.

OTOH an oligarchy of about a dozen companies (families) did indeed use economics of scale to ruthlessly drive out competitors and thereby secure a virtual monopoly for themselves in providing information. They will suffer truly unimaginable losses (to them) as the Inet thoroughly decimates their virtual monopoly.

65 posted on 01/08/2008 9:56:53 AM PST by Milhous (Gn 22:17 your descendants shall take possession of the gates of their enemies)
[ Post Reply | Private Reply | To 61 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson