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View Diary: ABC News sensationalizes government loans to electric car company (63 comments)

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  •  That's the thing (3+ / 0-)
    Recommended by:
    cocinero, Dirtandiron, Zinman

    Whether it's GE turbines or jumbo jets, they're not selling to the general public.  They're buying ads so the threat of pulling ads (if the netword were bold enough to do a story they didn't like) is control of the coverage.

    That's why you don't ever hear about the zero tax paying (yet taxpayer subsidy receiving) GE, for example.

    There already is class warfare in America. Unfortunately, the rich are winning.

    by Puddytat on Fri Oct 21, 2011 at 02:20:38 PM PDT

    [ Parent ]

    •  Um, (1+ / 0-)
      Recommended by:
      BYw

      Comcast now owns 51% of NBC, and GE 49%. Disney owns ABC outright. CBS ownership is a bit less clear, it's kind of Viacom-y, but ultimately a creature of National Amusements. This is what Americans call the "broadcast space."

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