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- #81
The Telecommunications Act of 1996, signed by President Clinton, was the first major overhaul of telecommunications law in over 60 years, aiming to promote competition by deregulating broadcast and telephone markets. It significantly eased ownership restrictions, allowing massive media consolidation, reducing local content, and encouraging cross-ownership of TV, radio, and cable.
So the rich are buying up all the media. You don't see a problem with that? You get your news from Fox News. Who owns that? X. Who owns that? Facebook. Who owns that? Bezos owns WAPO and he just laid off 300 journalists. The rich have taken over your media you dope. Why do you approve?
