senate relaxes media ownership rules; cbs, fox can own 39%

so cbs bans moveon's ad, and cancels the reagans. why? you gotta wonder why...

welp, after congress threw a monkey wrench in michael powell's plans to sell our mental environment out to the glorps, booya, legislation snuck past we the people this week which empowers media corps to own up to 39% of the national market. good news for sumner redstone and rupert murdoch, who in fact own 39% of the national media market, each.

the original legislation approved by congress (after the fcc uproar) permitted up to 34% (still excessive, by my standards), but the corps continued to push for 45%. i guess the reward for helping deliver an election is our unwittingly-offered undivided attention.

pssst...follow the money. (c/o boogiemonster)