by Starman » Tue Sep 20, 2005 1:18 pm
Middle America is politically illiterate, thanks to the avarice and betrayal of the MSM and corporate sellouts.<br>Starman<br><br>From the DU thread cited ...<br><br>PART FOUR: DEMOCRACY, GENERAL ELECTRIC STYLE <br> <!--EZCODE AUTOLINK START--><a href="http://makethemaccountable.com/coverup/Part_04.htm">makethemaccountable.com/c...art_04.htm</a><!--EZCODE AUTOLINK END--> <br><br>THE MEDIA COVER-UP OF THE GORE VICTORY<br>PART FOUR: DEMOCRACY, GENERAL ELECTRIC STYLE <br><br>By David Podvin and Carolyn Kay <br><br>Shortly after George W. Bush declared his candidacy for president in June of 1999, General Electric Chairman and Chief Executive Officer Jack Welch was contacted by Bush political advisor Karl Rove. Welch later informed associates that Rove told him a Bush administration would initiate comprehensive deregulation of the broadcast industry. Rove guaranteed that deregulation would be implemented in a way that would create phenomenal profits for conglomerates with significant media holdings, like GE. Rove forcefully argued that General Electric and the other media giants had a compelling financial interest to see Bush become president. <br><br>Welch told several people at GE that the conversation with Rove convinced him that a Bush presidency would ultimately result in billions of dollars of additional profits for General Electric. Welch believed that it was his responsibility to operate in the best interest of GE shareholders, and that now meant using the full power of the world’s biggest corporation to get Bush into the White House. <br><br>Toward that end, Welch said that he would finally deal with a longstanding grievance of his: the ludicrous idea that news organizations should be allowed to operate in conflict with the best interests of the corporations that own them. <br><br>Since the beginning of the country, it has been considered appropriate for the business community to exercise its right to aggressively support the candidate that best represented its interests. The new dimension that Welch introduced was the concept that the mainstream media should aggressively advance the political agenda of the corporations that own it. He did not see any difference between corporate journalism and corporate manufacturing or corporate service industries. Business was business, and the difference between winners and losers was profit, whether you were selling nuclear power or ads on the network news. From Welch’s perspective, it was insanity, not to mention bad business practice, for the corporate owners of the mainstream media to restrain themselves from using all of their assets to promote their financial well being. <br><br>In general, he saw corporate news organizations as untapped political resources that should be freed from the burden of objectivity. Specifically, NBC News was an asset owned by the shareholders of General Electric. It existed to make profits and to serve the interests of those who owned GE stock. Period. <br><br>Anything else, Welch told associates, was “liberal bullshit”.<br><br>In 1988, NBC News president Lawrence Grossman insisted to Welch that news was a public trust and should not be subjected to the same pressure to make profits that was applied to other GE units. Welch fired him. <br><br>......But the mainstream media organizations did lie. <br><br>Some people have expressed skepticism that at least one intrepid corporate reporter has not revealed the truth about what transpired in 2000. If the charges of the mainstream media coordinating an effort at the highest levels to skew their campaign coverage in favor of Bush were true, the skeptics contend, then certainly one reputable mainstream reporter would have gone public with the story. <br><br>Daniel Schorr has been enshrined in the Hall of Fame of the Society of Professional Journalists. In 1976, he was fired by CBS News when he sent a secret congressional intelligence report to the Village Voice after CBS had refused to reveal the story to the public. According to Schorr, he was punished by network executives who had <br>reached a deal with the White House to go easy on the administration. <br><br>Schorr was fired for reporting the truth when it conflicted with the interests of his employer. <br><br> <br> <p></p><i></i>