As our federal government gradually ceases their tip-toe approach toward totalitarianism - favoring a slow-building gallop - more and more of their ultimate agenda is being exposed, layer by layer. Apparently not content with the progress thus far in their seizure of private corporations, they are gearing up to take over the airwaves, as well, albeit through puppet means.
Calling it "financial rescue", House democrats are seeking funds from the Treasury Secretary, Timothy Geithner, to bail out minority-owned broadcasters suffering in this faltering economy. According to The Hill:
House Majority Whip James Clyburn (D-S.C.) is leading an effort to convince Treasury Secretary Timothy Geithner to take “decisive action” by extending credit to this sector of the broadcasting industry.What's telling is the last bit of the last line, "government’s efforts to diversify the airwaves". It would seem that the Fairness Doctrine has become too toxic for the left and that they now seek to compete with conservative radio on their own with government funding. Which means we'll be subsidizing minority-owned mouthpieces of the government. In a letter sent to the treasury department, also signed by a majority of the Congressional Black Caucus, the congressmen write, “In addition to the credit crisis, also weighing heavily on minority broadcasters is a significant decline in advertising revenues, particularly the loss of automobile advertising."
Clyburn and other senior members, including House Financial Services Committee Chairman Barney Frank (D-Mass.) and Ways and Means Committee Chairman Charles Rangel (D-N.Y.), argue that minority-owned broadcasters are sound businesses, but that the recession could undermine the government’s efforts to diversify the airwaves.
Perhaps if Obama hadn't halved the advertising budgets of the auto companies, we wouldn't need to spend more money we don't have on bailing out broadcasters. It looks more every day that this entire "crisis" in the economy is not accidental at all, but rather an elaborate and well crafted scheme to achieve the goal of socialism. Sphere: Related Content
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