Sunday, December 4, 2011
Who Owns the Media
After reading the different articles about who owns the media, i found it interesting. Six large companies own the majority of all news stations in the united States. These companies are able to command so much media space, that they can change people's opinions on certain issues. With all this power, they can clearly have some political power. In the case of General Electric. The CEO of General Electric is one of Obama's first persons of contact on creating jobs in the United States. This to me is not very smart. The CEO has outsourced tons of American jobs to other countries. Because i am a business major and a manager, i know that he is a good CEO. You want to make the most profit as possible. In order to do so you need to be able to cut costs. He cuts costs by outsourcing the jobs, to countries that work for less. In my opinion, the reign of the United States is over, we had our run, but every giant must fall. China and India well get their turn for the next 40 years. Going back to who owns the media, these companies are going to be able to influence who they elect for president and other public officers. Once they have the people in place, they can easily get away with creating laws that benefit themselves. This is who General Electric has been able to avoid taxes for two years.
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