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Wednesday, October 30, 2013

Bought And Sold

Federal Communications Commission
Legal scholars have pointed to the possibility that federal agencies such as the Federal Communications Commission (FCC) had been captured by media conglomerates. Peter Schuck of Yale Law School has argued that the FCC is subject to capture by the media industries' leaders and therefore reinforce the operation of corporate cartels in a form of "corporate socialism" that serves to "regressively tax consumers, impoverish small firms, inhibit new entry, stifle innovation, and diminish consumer choice". The FCC selectively granted communications licenses to some radio and television stations in a process that excludes other citizens and little stations from having access to the public.
Michael K. Powell, who served on the FCC for eight years and was chairman for four, was appointed president and chief executive officer of the National Cable & Telecommunications Association, a lobby group. As of April 25, 2011, he will be the chief lobbyist and the industry's liaison with Congress, the White House, the FCC and other federal agencies. Meredith Attwell Baker was one of the FCC commissioners who approved a controversial merger between NBC Universal and Comcast. Four months later, she announced her resignation from the FCC to join Comcast's Washington, D.C. lobbying office. Legally, she is prevented from lobbying anyone at the FCC for two years and an agreement made by Comcast with the FCC as a condition of approving the merger will ban her from lobbying any executive branch agency for life. Nonetheless, Craig Aaron, of Free Press, who opposed the merger, complained that "the complete capture of government by industry barely raises any eyebrows" and said public policy would continue to suffer from the "continuously revolving door at the FCC".
Cable Lobbyist Tom Wheeler Confirmed As New FCC Chief. No conflict here..."The U.S. Senate confirmed Tuesday the nomination of a new chairman to the Federal Communications Commission. Wheeler is a former investor and head of telecommunications industry groups. President Barack Obama said, when announcing Wheeler as his choice in May, that 'for more than 30 years, Tom has been at the forefront of some of the very dramatic changes that we've seen in the way we communicate and how we live our lives.'"
"Regulatory capture", what a nice sounding name for Graft [wikipedia.org]: ", a form of political corruption, is the unscrupulous use of a politician's authority for personal gain."
I guess that is what you have to call corruption and graft now it is so common/the norm amongst our ruling elites. Brings new meaning to the phrase "politically correct"...
You know a government is corrupt when they don't even bother to hide it anymore. Next up, we put bank robbers in charge of bank security, because who has more experience with bank security than bank robbers?
Will Wheeler use his new found power for political purposes. Considering the choice, its not a stretch, whether you agree with his position or not. And to be fair, Neither Obama or any other senator, Democratic or Republican "had any problems with this cable industry lobbyist guy being appointed head of the FCC" either.

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