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Radio's Big Bully


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If you read the article, it's a parallel of the Goose that laid golden eggs - the farmer ultimately kills the goose in his lust to wring every last bit of gold out of it as quickly as possible.

 

Radio listenership has declined over 15% since deregulation. Wonder if ClearChannel is noticing; wonder if they understand that their relentless cost-cutting and consolidation of programming are shrinking the audience and therefore the ad-revenue base; wonder if they can see they are killing an industry.

 

Nah.... all they can see is that their executives are getting rich.

I used to think I was Libertarian. Until I saw their platform; now I know I'm no more Libertarian than I am RepubliCrat or neoCON or Liberal or Socialist.

 

This ain't no track meet; this is football.

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Deregulation in The Radio Industry also parallels what has happened in The Power Industry, and Banking Industry. The supposed intent of deregulation was to increase competition, and thereby lower cost to consumers...... while increasing quality. HA! The exact opposite has happened as exemplified by The Power Trading Scandal in California, and what's going on in The Radio Industry.

 

This is THE DARK SIDE of capitalism, and our government was, and is compliant in letting this happen. All these big companies have finally become rich and powerful enough to buy off the government. Our economic system is now characterized by it's oligopolistic nature, which is obviously BAD, for consumers, and The Public in general.

 

Deregulation IS BAD. Historically there have been some restraints, to keep MEGA Corporations from becoming PREDATORS. Those restraints have now been removed, and you and me are paying for it everyday.

 

What's really scary is what's going on in The Banking Industry. That industry has already proven TWICE they can't be trusted to manage themselves, Once, before The Depression, and more recently during The Savings And Loan Scandal, yet now we give them the power to sell stocks, and insurance, and basically do whatever they want to do. If History is any indicator, this will prove to be a monumental mistake.

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I'm not going to post my political views in this forum, but I do have comments on the same topic in the political forum.

Considering the harsh rhetoric your laying down, I'd have to get real political. :D

 

thread on same topic as this one

 

same deal-we have a lot of duplicity in the political forum :D

 

thread on power deregulation

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