The administration stated only banks in need of “exceptional” government assistance will be required to adhere to executive salary caps. This is good news for people worried about wage setting and government dictation of corporations not in need of government assistance. However, another fear has set in for those in fear of government intervention…Hello Talk Radio.
BILL PRESS: Yeah, I mean, look: They have a right to say that. They’ve got a right to express that. But, they should not be the only voices heard. So, is it time to bring back the Fairness Doctrine?
SENATOR DEBBIE STABENOW (D-MI): I think it’s absolutely time to pass a standard. Now, whether it’s called the Fairness Standard, whether it’s called something else — I absolutely think it’s time to be bringing accountability to the airwaves. I mean, our new president has talked rightly about accountability and transparency. You know, that we all have to step up and be responsible. And, I think in this case, there needs to be some accountability and standards put in place.
BILL PRESS: Can we count on you to push for some hearings in the United States Senate this year, to bring these owners in and hold them accountable?
SENATOR DEBBIE STABENOW (D-MI): I have already had some discussions with colleagues and, you know, I feel like that’s gonna happen. Yep.
The Fairness Doctrine, repealed in 1987, required broadcasters to dedicate airtime to discussing controversial matters of public interest, which included contrasting views of topics being discussed.
For a number of years Democratic/Liberal groups have complained Republican views dominated the radio waves, and the Democratic/Liberal supporters felt as if they were being left out. Originally, they thought “Hey, we can create a broadcasting network to compete with Right wing views” so Air American, a left-leaning broadcasting network, was established in 2004.
By 2006 the network declared bankruptcy and was sold. While still nationally syndicated on 66 stations, down from roughly 130, ratings peak out at roughly 1.5% of the total listening audience. Just for balance, Rush Limbaugh gets an average 4.8% of the total available listening audience.
What does this say? “Left” or “Liberal” radio is niche market, not supported by major audiences. Better put, it is a business failure and there is little demand for the product.
So there is no demand, but Democratic lawmakers want to force companies to “sell” unprofitable goods?
How is it not another step toward socialism?
On the positive side, President Obama does not support reinstating the Fairness Doctrine. It will be interesting to see if the the President goes up against the Democratically controlled on this topic at some point in the future…
My Crap Day
Today was not a good day for me. Yea, we have them all… but it was VERY bad.
It started late. I just felt like crap yet again. Whatever, it’s winter.
As I walk into the family room I realize that my puffball of a cat, Bender, decided to remove six keys from my laptop…. and he chewed 2 of them to the point where they could no longer be used. Great. OK, let’s get to work.
Yea, traffic.
Really, it was all down hill from there. I basically had to get to the point where I simply had to tune everything out and go about my day. It was very stressful. There were a whole list of other things included in my “crap” day but don’t really think going into it will help much…
I’m off to watch some old Southpark.