Our Changing Globe

Archive for the ‘USA’ Category

Rupert Murdoch's News International 'Sought to Destroy My Life …

www.hollywoodreporter.com11/30/11

At a Leveson Inquiry hearing, Mark Lewis recounted his horror at seeing the publisher's surveillance tapes of his 14-year-old daughter.

Rupert Murdoch Sells Nearly All His Nonvoting News Corp. Shares …

mediadecoder.blogs.nytimes.com11/22/11

Rupert Murdoch has sold almost all of his nonvoting shares in News Corporation, but because of the company's dual-class voting shares he still controls the company. In a filing with the Securities and Exchange Commission …

Twenty years after flirting with bankruptcy, Rupert Murdoch is now on the verge of his biggest deal.

The proposed transaction is a complete takeover of UK satellite television operator British Sky Broadcasting (BSkyB), which would cement News Corporation’s move away from relying on the cyclical advertising market to drive earnings.

Instead, the BSkyB business, as well as News Corp’s global suite of cable TV channels and satellite TV businesses in Italy, Germany and elsewhere, would put the company squarely in the content and distribution business, and be far less prone to advertising’s vicarious ups and downs.

It would also continue News Corp’s migration towards direct consumer subscription revenues!

* Keith Rupert Murdoch, AC, KSG, born 11 March 1931 is an Australian-American media mogul and the Chairman and CEO of News Corporation.

Risk And Reward

Twenty years ago Murdoch was facing bankruptcy!

He’d invested heavily in BSkyB which had pretty much drained News Corporation, and it was rumored that he recently paid of his mortgages, which caused a great many investors to sweat.

But today Sky is the giant of television and in addition to soccer Sky Arts, National Geographic and the History Channeland much much more.

How Much Does Murdoch Control The Content?

In the two decades that he has owned the channel, not one editor or journalist that I know of has suggested that he interfered or even made suggestions about news coverage.

How incredible!

Now, twenty years later, Murdoch is on the verge of the biggest deal of his life, benefiting from the greatest of all capitalist drivers, namely risk and reward.

At a conference in London recently he used a quote about the lack of business adventure in Britain:

"We’ve got to get rid of the fear of failure in this country. In America, people start things, fail and shake themselves down and start things again. The animal spirit of capitalism is stronger there".

How Did Murdoch Achieve A Monopoly?

In a nutshell, nobody else had the guts, the nerve or the stunning management skill to take on the establishment.

When he was losing literally hundreds of millions on Sky, his competitors were delighted but now that he has made the greatest television success in all our lifetimes, they yell foul.

What The West Is Now Lacking

Surely with the US and Europe facing bankruptcy, what is urgently needed are more people like Rupert Murdoch.

And dare I say it, "No more Obamas!", because he and his ilk have yet to understand Margaret Thatcher who famously said, "Socialism is fine, until you run out of spending other people’s money!".

Meltdown on Main Street: Why Obama Will Lose the 2012 Election …

Perry backers on air with second ad – CNN Political Ticker – CNN …

politicalticker.blogs.cnn.com12/5/11

(CNN) – An independent group supporting Rick Perry's presidential bid is up with an ad supporting the Texas governor in the early voting states of Iowa and South Carolina, according to the group, Make Us Great Again.

ame.wordpress.com/2011/12/05/meltdown-on-main-street-why-obama-will-lose-the-2012-election-these-numbers-tell-his-fate/’ />theboldcorsicanflame.wordpress.com12/5/11

Meltdown on Main Street: Why Obama Will Lose the 2012 Election … These Numbers Tell His Fate. “It's the economy, stupid.” That is the exact phrase widely used during Bill Clinton's successful 1992 presidential campaign …

Rick Perry 'Tonight Show' Appearance: GOP Presidential Candidate …

www.huffingtonpost.com12/2/11

Texas Governor Rick Perry offered excuses for his recent brain freezes, advice for Herman Cain and a screed against Social Security during an appearance Thursday on "The Tonight Show With Jay Leno." SCROLL DOWN …

This is Part 15 of a look at possible GOP candidates that might run well against Obama in 2012.

Part 1 looked at Mitch Daniels Part 2 looked at Tim Pawlenty

Part 3 looked at Chris Christie Part 4 looked at Mitt Ronney

Part 5 looked at Sarah Palin Part 6 looked at Mike Huckabee

Part 7 looked at Rudy Giuliani Part 8 looked at Michele Bachman

Part 9 looked at Donald Trump Part 10 looked at Paul Ryan

Part 11 looked at Ron Paul Part 12 looked at Newt Gingrich

Part 13 looked at Herman Cain Part 14 looked at Rick Santorum

Part 15 looked at Rick Perry Part 16 looked at Jon Huntsman

Perry For President?

There’s certainly an easy case to be made for it because Perry could simply run an economy, employment focused campaign to which Obama would have no answer.

There had been buzz, rumors and speculation as to whether Texas Governor Rick Perry would toss his hat into the ring as a presidential candidate for 2012, despite his prior rejection of the idea, and reports now suggest that the thought is there, and the possibility is not as unlikely as many once thought it was.

Perry recently gave his strongest indication yet that he may run for president.

Unemployment is a huge issue and it promises to be one the top topics going into the 2012 campaign season, with unemployment at 9% now and estimates from experts believing unemployment will not be under 8% by Nov. 2012.

Recent data from the U.S. Bureau of Labor Statistics show that Texas over the last decade has seen private-sector job growth of 732,800, the highest of all 50 states and DC.

No other state even topped 100,000.

Since the recovery began, 38% of all the jobs created in American have been created in the State of Texas.

Perry is into his third term as Governor, making him the longest serving governor in Texas history and would benefit greatly from Texas’s job growth over the last 10 years as well as his reputation as a social and fiscal conservative.

Imagine a one-theme presidential campaign based on the simple fact that while President Obama was out there destroying American jobs by the millions, Perry was busy creating them in Texas.

All Perry would have to do is point out that what’s holding the U.S. economy back is the job-killing, business-strangling polices of the Obama administration and compare them to his own record in Texas, where low taxes and tort reform have enticed job-producing businesses to relocate.

And tell the American people that he’s ready to put the pedal to the metal and get the rest of the nation out of the ditch as well.

What’s Texas’s Secret?

It has no state income tax.

Low corporate taxes.

It has torte reform.

Does just enough regulating to get the job done.

Cares for the environment without being obsessed by it.

Lets its legislature meet for a relatively short period; just once every two years.

Keeps the executive branch slim and trim.

Is a right-to-work state where unions don’t get to grab dues through governmental coercion.

An of course businesses love all that and flock there.