Rush, Sean, and Glenn work for Clear Channel. Romney's Bain Capital owns Clear Channel and controls the board of directors. So, Romney and the GOP own their very own propaganda machine. Classic GOP tactics.
Jpeterson covered this story on May 26, 2012 but the story needs to be broadcast often. Please read this article for the details.
Here's where the lawyers among us need to step in.
UNITED STATES OF AMERICAYes, the Bain Et Al Clear Channel and huge radio station buying spree sparked an Anti-Trust action by DOJ.
Department of Justice, Antitrust Division
325 7th Street, N.W., Suite 300
Washington, D.C. 20530,
BAIN CAPITAL, LLC
111 Huntington Ave.
Boston, Massachusetts 02199,
THOMAS H. LEE PARTNERS, L.P.
100 Federal St. 35th Fl.
Boston, Massachusetts 02110
200 E. Basse Rd.
San Antonio, Texas 78209,
Sadly, like all other cases in the past 10 year it seems to have ended as follows:
FINAL JUDGMENTSo, does Bain Capital Et Al still run the Board of Directors? There are so many Clear Channel documents on the DOJ site who can ever know?
WHEREAS, plaintiff, United States of America, filed its Complaint on February 13, 2008, the United States and defendants Bain Capital, LLC ("Bain"), Thomas H. Lee Partners, L.P. ("THL"), and Clear Channel Communications, Inc. ("Clear Channel"), by their respective attorneys, have consented to entry of this Final Judgment without trial or adjudication of any issue of fact or law, and without this Final Judgment constituting any evidence against or admission by any party regarding any issue of fact or law;
AND WHEREAS, defendants agree to be bound by the provisions of this Final Judgment pending its approval by the Court;
AND WHEREAS, the essence of this Final Judgment is the prompt and certain divestiture of certain rights or assets by defendants to assure that competition is not substantially lessened;
AND WHEREAS, the United States requires defendants to make certain divestitures for the purpose of remedying the loss of competition alleged in the Complaint;
AND WHEREAS, defendants have represented to the United States that the divestitures required below can and will be made and that defendants will later raise no claim of hardship or difficulty as grounds for asking the Court to modify any of the divestiture provisions contained below;
NOW THEREFORE, before any testimony is taken, without trial or adjudication of any issue of fact or law, and upon consent of the parties, it is ORDERED, ADJUDGED AND DECREED:
The FCC has slammed Clear Channel for Obscene, Profane & Indecent Broadcasts: Notices of Apparent Liability costing Clear Channel about $1.4 million dollars in fines. Nice company.
And, if confusion can be used to hide sin, the SEC listings for "Bain Capital" is breathtakingly complex.
Great lawyers and great accountants are great allies when the great quest for greed and power are in play. Bain and Romney have both.
Here's the SEC listings for Clear Channel.
With Newpapers stripped to the bone, I'd say we have snow ball's chance in hell of anyone doing the needed investigative reporting to learn about Bain & Clear Channel. It would take a team and some complex data systems.
But this we can know: Rush, Sean, and Glenn are paid the big bucks to put lipstick on the Romney pig and to smear Obama. It's an unfair advantage, always has been.