Rupert Murdoch & The Evil Empire

OkemOkem 4,617 Posts
edited March 2011 in Strut Central
The thread about Obama, or more specifically, the comment that he was the "most powerful man in the world" got me thinking about this dude.



He's recently been tightening his grip on the UK television, to the point were he'll soon have a monopoly there, in the same way he already does with our Newspapers (who regular take credit for getting their candidate elected for government).
Many are vocally unhappy about this, although relatively powerless to do anything about it.

But I never really hear him mentioned in regards to US politics. FoxNews is often lambasted, but the man behind it rarely seems to get any attention.
Are Americans in general more excepting of rich powerful men, who've built empires and formed monopolies, because it connects with the American dream?

In October 2008 Murdoch biographer Michael Wolff wrote a Vanity Fair story recounting a meeting between Barack Obama, Murdoch, and Ailes at the Waldorf-Astoria Hotel in New York early that summer. Obama had initially resisted Murdoch's proposals for a meeting, despite senior News Corp. executives having recruited the Kennedys to act as go-betweens. According to Wolff, at the meeting Obama complained of Fox News's portrayal of him "as suspicious, foreign, fearsome ??? just short of a terrorist", while Ailes said it might not have been this way if Obama had "more willingly come on the air instead of so often giving Fox the back of his hand." A "tentative truce" was nonetheless agreed upon. Wolff also noted that Murdoch has met every US President since, and including, Harry Truman.

  Comments


  • mannybolonemannybolone Los Angeles, CA 15,025 Posts
    Okem said:

    Are Americans in general more excepting of rich powerful men, who've built empires and formed monopolies because it connects with the American dream?

    Yes. Unless you're a Hollywood celebrity.

  • DJ_EnkiDJ_Enki 6,475 Posts
    mannybolone said:
    Okem said:

    Are Americans in general more excepting of rich powerful men, who've built empires and formed monopolies because it connects with the American dream?

    Yes. Unless you're a Hollywood celebrity.

    Pretty much--it's a wish-fulfillment thing.

    As a side note, I think the GOP has done a good job of dialing into this with their tax rhetoric, thereby getting middle-class folks to vote against their own current economic self-interest on some "you're middle class now, but with some hard work, you can be RICH! And when that happens, don't you want us to have your tax rate as low as possible?"

  • mannybolonemannybolone Los Angeles, CA 15,025 Posts
    DJ_Enki said:
    mannybolone said:
    Okem said:

    Are Americans in general more excepting of rich powerful men, who've built empires and formed monopolies because it connects with the American dream?

    Yes. Unless you're a Hollywood celebrity.

    Pretty much--it's a wish-fulfillment thing.

    As a side note, I think the GOP has done a good job of dialing into this with their tax rhetoric, thereby getting middle-class folks to vote against their own current economic self-interest on some "you're middle class now, but with some hard work, you can be RICH! And when that happens, don't you want us to have your tax rate as low as possible?"

    Maybe but it's not at all clear that tax policies are to mostly explain the consolidation of wealth at the top. I found this series useful in its overview: http://www.slate.com/id/2266025/entry/2266026/

    Weak corporate self-governance over CEO pay seems to have played a bigger role than tax policy.

  • Options
    mannybolone said:
    Maybe but it's not at all clear that tax policies are to mostly explain the consolidation of wealth at the top. I found this series useful in its overview: http://www.slate.com/id/2266025/entry/2266026/

    Weak corporate self-governance over CEO pay seems to have played a bigger role than tax policy.

    No. The tax treatment of capital gains is the major culprit.
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