Here comes the next big corporate bailout?
In the past we’ve seen large, well-connected businesses run into trouble, and then run to government to keep afloat and unafraid of competition. The airlines do it, GM did it, the banks did it, and every time Democrats and establishment Republicans oblige. We appear to have found the next industry cozy with politicians that’s going to ask for one.
Herbie Hancock hates free speech!
Grammy award winning jazz pianist Herbie Hancock says that large radio syndicates don’t take a “humanitarian approach” to business, which opens private companies like Clear Channel to government investigation. I see a real problem here–the idea that the government should regulate businesses based on their values is being thrown around with no regard for whether or not it is right (not to mention Constitutional). Pathetic.
Son of The Fairness Doctrine
Don’t be fooled by President Obama’s purported renunciation of the Fairness Doctrine last week. The far left fully intends to use a new regulatory scheme, the Son of The Fairness Doctrine, to regulate conservative talk radio. As Erick Erickson wrote last week on Red State, “Congress will restrict how many stations a company can own in a market. They’ll also require advisory boards for each station | Read More »