Apr
11
2011

Media Mobilize for Royal Wedding

Phil Rosenthal of the Chicago Tribune writes: One estimate has 8,000 TV and radio reporters and support staff from around the world in London covering the nuptials. CNN alone is said to be sending 50 U.S. staffers to complement 75 from its London bureau. It's bound to be better television than the federal government's budget negotiations. In any case, it provides a momentary diversion from the Middle East, Japan and whatever the next crisis turns out to be. "There are a lot of other more important stories going on in the world. That's clear," said Jon Banner, the executive producer […]

Mar
28
2011

GE Avoids Reporting on GE Avoiding Taxes

You may have heard about the New York Times report (3/25/11) explaining that General Electric made $14 billion in worldwide profits in 2010–and paid the federal government exactly nothing in taxes. The Times explained this is"based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore." Despite the Comcast purchase, GE is still apart owner of NBC and MSNBC–the latter conventionally thought to be a liberal-leaning outlet. So did they say much about a giant corporation keeping profits offshore in order to avoid paying taxes? Not really; Paul […]