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5/26/10

US Corporate Media - the big six - ganging up against EU and regulation

The U.S. media landscape is presently dominated by massive Wall Street traded corporations that, through a history of mergers and acquisitions, have concentrated their control over what people see, hear and read, not only in the US, but also around the world. In many cases, these giant companies are vertically integrated, controlling everything from initial production to final distribution. Recently they have turned their wrath against Europe which has been actively trying to get the world to put stricter controls on free-wheeling Wall Street speculators, the banks and the financial community in general.

Following the EMU's actions against speculators and Chancellor Angela Merkel’s surprise assault on naked financial speculators the EU has been under constant attack by this US controlled financial media empire in particular CNBC. One observer noted CNBC mentioned the possible collapse of the euro and even the EU more than 1600 times during a recent 12 hour broadcast period.

Some other recent "killer" headlines: CNN Money.com: Will Germany's crackdown on speculators throw gasoline on the euro bonfire? and European Sovereign CDS Widen : the Wall Street Journal.

This is not a question anymore of freedom of speech but rather a corporate controlled media indoctrinating not informing the masses.

Click on this link for more information about media firms Ownership (Chart): The Big Six | Free Press

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