Read this news last night and couldn't believe it. But it seems to be true that Fox News owner and Media Mogul Rupert Murdoch has made an audacious offer to purchase Time Warner Inc for $80 Billions.
Time Warner Inc has been for sale for a while and the last bidder offered about $45billions (Comcast, which owns NBC family of networks).
Time Warner is the parent of CNN, which was originally created by Ted Turner.
This purchase (if it goes through) would create a massive imbalance in the news landscape in America. I know most people who read Dailykos can differentiate between news and fiction (Fox News). I know CNN hasn't been the most balanced Network out there, but just thinking about having Fox News on most Cable News Channels in America would simply be a nightmare for many Americans.
Just imagine flipping channels after a long day at work and seeing Bill O'Reilly and Sean Hannity and Megyn Kelly on all the Channels at the same time.
Someone needs to stop this madness. Let's hope Ted Turner can do something to stop this.
Yup, the right wing is using the money they earn through those Reagan and Bush Tax Cuts and those Tax Loopholes to purchase our Universities (Koch Brothers), our Schools, Our media, Our Science (Global Warming Denials), Our Supreme Court (Hobby Lobby), and of course our Congress and Our States Government.