Wonk Room » $1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’

$1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’

By Brad Johnson on Oct 3rd, 2008 at 6:30 pm

$1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’»

Conservatives continue to cry “liberal media bias” to explain away the unpopularity of the right-wing agenda, despite the stark economic realities for all but the super-wealthy in America. These tired claims ignore the reality that the right-wing agenda actually benefits the “mainstream media.”

The multinational corporations that run the mainstream media — GE (NBC), Time Warner (CNN), Walt Disney (ABC), News Corporation (FOX), and Viacom (CBS) — stand to benefit hugely under a McCain presidency. The centerpiece of Sen. McCain’s economic plan — actually, the whole plan — is large tax cuts for corporations. It would deliver $1.44 billion in tax cuts to the five largest media companies, according to an analysis by the Center for American Progress Action Fund.

These giveaways are just one part of McCain’s doubling of the Bush tax cuts for corporations and the wealthy which would create the largest deficits in 25 years and drive the United States into the deepest deficits since World War II. McCain and Palin have promised that the $700 billion bailout would not threaten these tax cuts.

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2 Responses to “$1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’”

JimboSlice Says:

Not to be an anti-semite here, but you wonder why Israel gets so much time from these canidates, then you look at those MSM compaines.

NBC Universal CEO - Jeffrey Zucker - Jewish
Walt Disney (ABC) CEO - Robert Iger - Jewish
News Corp (FOX) - Rupert Murdoch - Jewish
Viacom (CBS) Chairman - Sumner Redstone - Jewish

hmmm … pandering anyone?
October 4th, 2008 at 12:50 am
Mark @ News Corpse Says:

JimboSlice - You are an anti-Semite, and a repulsive and ignorant one at that.

Jeff Zucker is Jewish, but he works for Jeffrey Immelt, CEO of GE and NOT Jewish.
Robert Iger is Jewish, but Anne Sweeney is the head of ABC, and NOT Jewish.
Rupert Murdoch is NOT Jewish. And neither is Fox News CEO Roger Ailes.

And so what if they were all Jewish? What’s your point? That four Jews out of tens of thousands of people in the media are controlling everything? Despite the fact that the VAST majority of media companies are owned and/or run by non-Jews?

The TV networks above
Washington Post
New York Times
Hearst
Clear Channel
Gannett
etc.

And the VAST majority of executives, managers, editors and reporters at all the media companies are NOT Jewish.

The reason that the media and the government pay so much attention to Israel is NOT because of some Zionist cabal, you jerk. It’s because Israel is our only geographical foothold in the oil-rich Middle East. The U.S. wants a base for military operations to assert its energy and financial interests in the region. They don’t care about Jews, they care about money.

Your transparent bigotry is disgusting and I sincerely hope you can manage to educate yourself.
October 4th, 2008 at 3:52 pm