Without boring you with my convoluted political views, I will say that living in China gives me a unique perspective on government practices and their subsequent result. So henceforth in this post, you must assume I’m an expert.
I have a number of friends who are posting blogs that state “liberal bias” is to blame for Obama’s lead in the polls. I feel it’s my duty to play devils advocate with a Republican principle of deregulation.
You see, in the early days of broadcasting, some smart folks in the government understood that it’s dangerous for all of a person’s exposure to media to be under the umbrella of one entity. They enacted laws limiting the number of radio, TV and newspapers a company could own in a given market. In the past few years, these laws have been slowly eroded so that a large company can own many radio stations and newspapers within the same city. This obviously leaves the door open for media bias to the left or right to unduly influence a geographic region.
So in some parts of the world, you may have a state-controlled media and in other parts, you may have company-controlled media. Both lead to a population who may not have a good view into the truth. Some might even say that my limited choices of U.S. media outlets - CNN and CNBC would taint my interpretation of the truth…it’s probably true.
So while folks are screaming about “socialism”, they are failing to realize is that the laissez faire principles being pushed by Republican party have paved the way for a dangerous amount of media influence.
The sanctity of the U.S. constitution depends on principles which must be defended with some degree of regulation. After all, if I stated specifically what those principles are, this site would not be accessible from my home here…but that’s another topic all together.
Now, while I can supply-side with the best of my Texas friends and family, I would like to say that a little regulation is not a bad thing. China is a perfect example of how commerce, wealth, self-determination, and free-enterprise always prevails despite any obstacles created by a government. Just don’t tax my inheritance and my capital gains ;-).
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