Sunday, April 21, 2013

Too Much Money and Too Much Time on Their Hands

This is what happens when our wonderful Congress and presidents allow even more redistribution of wealth to the very top of the economic heap instead of taxing them to the hilt. These people create "foundations" that are nothing more than lobbying arms, and they turn around and buy the media to further their attempts to buy opinion.

The Koch brothers aren't the only ones who are doing it, but I am so sick of them I can hardly see:

Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. Now, Koch Industries, the sprawling private company of which Charles G. Koch serves as chairman and chief executive, is exploring a bid to buy the Tribune Company’s eight regional newspapers, including The Los Angeles Times, The Chicago Tribune, The Baltimore Sun, The Orlando Sentinel and The Hartford Courant.

By early May, the Tribune Company is expected to send financial data to serious suitors in what will be among the largest sales of newspapers by circulation in the country. Koch Industries is among those interested, said several people with direct knowledge of the sale who spoke on the condition they not be named. Tribune emerged from bankruptcy on Dec. 31 and has hired JPMorgan Chase and Evercore Partners to sell its print properties.

The media keep calling these guys "libertarian," but in truth they are actually fascist.

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