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Josh Silver (Free Press)
How the Media Sold Their Souls to Wall Street
Submitted by Benton Foundation on October 2, 2008 - 7:41amLast updated: October 2, 2008 - 7:42am
A comprehensive report studying 42 banking crises over the past 37 years finds that bailouts often do not work. They often result in more bad practices, and they distort economies by transferring wealth from taxpayers to bankers and their customers.
FCC Endorses Junk News, Calls Fox's TMZ and 700 Club 'Bona fide Newscasts'
Submitted by Benton Foundation on May 7, 2008 - 7:49amHard-hitting journalism is nearing extinction on television, and the Federal Communications Commission just threw another shovelful of dirt on its grave when it recently ruled that Rupert Murdoch's broadcast of TMZ and Pat Robertson's 700 Club meet the test for "a bona fide newscast." Bona fide newscast? Here's why the FCC decision matters.
