Slouching Towards Oblivion

Tuesday, July 12, 2011

Isn't It Interesting?

The biggest deal in the last 20 years of Rupert Murdoch's media empire (his attempt to buy BskyB in the UK) is stalled and may be dead because Murdoch has to prop up the share value of News Corp by accelerating his buy-back program - and of course the reason he has a stock price problem is because he had to shut down his single most profitable daily newspaper in his UK operation because of his suddenly revealed trouble concerning illegal wiretapping (and maybe fraud and obstruction and official bribery too) and gosh - not a single word of any of that is to be found anywhere on foxnews.com or Fox Business or Fox Nation; and there's been no ink all in The Wall Street Journal.

A multi-billion dollar deal that may go in the tank, and a major scandal involving one of the biggest media players in the world - and WSJ... uh...what?  They missed it?  It just slipped by unnoticed?

The good news is that maybe this finally rips the bandaid off and we wake up to what these assholes have been doing to us.

The bad news is that maybe this is how the real collapse starts.

Watch out for what happens in Italy in the next few months. (read this at The Agonist)

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