Monday, December 24, 2007

All I want for Christmas is a real liberal media

By Libby

It wouldn't be nearly as irritating to listen to the wingnuts whine about the liberal media, if we actually had one. And it's not even just the fringers. Otherwise intelligent people somehow hold on to a belief in this mythical entity as a child clings to Santa. It's beyond me to understand how any thinking adult couldn't grasp the facts and draw the obvious conclusion.

Rupert Murdoch's News Corp (NWSa.N: Quote, Profile, Research) will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion.

This being the same Rupert Murdoch who owns several rightwing rags in every major metro area of the entire planet. But what is Oak Hill?

Oak Hill Capital Partners traces its roots to Robert M. Bass, one of the four brothers who founded Bass Brothers Enterprises in Fort Worth, Texas.

And just who is this Texas tycoon?

Robert Muse Bass is a Texas billionaire worth approximately $5.46 billion as of 2006.

Bass was born into an extremely wealthy family with an uncle, Sid Richardson, worth $810 million. He and his three brothers Lee, Ed, and Sid Bass all attended Yale University, where they solidified their moneyed and political connections. Ed Bass was a classmate and personal friend of George W. Bush, and the brothers, especially Lee Bass, helped Bush financially both before and throughout his political career. Working together with his brothers as Bass Brothers Enterprises and independently, Robert Bass made many lucrative investments through his own firm, the Robert M. Bass Group, later Keystone Inc. Most recently, in 2004 he started Aerion Corp to develop supersonic corporate jets, which is the beneficiary of lucrative Federal DARPA contracts.

The guys who own the media are hard core Republicans who support the White House agenda. Does anyone truly think they're interested in advancing liberal causes?

There's a reason the people know more about Paris Hilton's crotch than they do about what the White House is doing and these guys are it.

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