4/30/2008- Ron Paul Advisor Peter Schiff On CNN Issue #1

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Yes, we agree that ... ( 8 months ago by jcfrith)

Yes, we agree that media quality is low in the US. You seem to be confused with the causality of that low media quality. My argument regarding more people have access to cable has nothing to do with the shrinking market/growing monopolies. So, you are incorrect to say my argument is getting weaker.
The market has to be a two way street. Even if eleventy billion people subscribe to cable services, only 5 companies own the lion's share of the media outlets. This is not a free market.

Array ( 8 months ago by jcfrith)

(cont.)
In a free market, anyone or any group of people with the capital should be able to create their own content, and then contract with a distributor to get that content broadcasted on whatever service is available (broadcast, cable, satellite, internet, what have you). The FCC creates a situation where most of the startup capital has to be devoted to buying the right to broadcast through licensing and other fees. Nevermind that all of us have that right naturally. per the Constitution.

So, those companies ... ( 8 months ago by jcfrith)

So, those companies who already exist in the system have a much easier time expanding their role in The Game. Outsiders are forced to jump through hoops. After all, the regulations are written by the 5 companies who are presently maintaining the stranglehold.
So, My original argument stands. End the FCC, and you will actually allow media competition, and the creation of the media marketplace.

frith: you misread ... ( 8 months ago by nowaskmehow)

frith: you misread me.
I said: "more people have access to fast net".
Anyone can startup a video-by-net service, eg using set-top boxes or even to the PC, and offer whatever channels they want.
Where are those startups? Maybe it's not so easy to compete with CNN and maybe distribution isn't the only problem, or even the main problem.

Those startups are ... ( 8 months ago by jcfrith)

Those startups are out there, and they have become very popular. And is a viable alternative to trad. media. (Obviously. 'We're soaking in it").The internet has become a big threat to traditional media outlets. Predictably, The FCC has begun over-regulating some sectors of the net. Especially those web-based broadcast services which could pose a real problem to the traditional broadcast establishment. Ironically the two biggest internet distributors are Time Warner and Comcast. 2 of the big 5

frith: There are no ... ( 8 months ago by nowaskmehow)

frith: There are no news channels comparable to CNN online. There is no video-by-net service comparable to cable TV.
Please provide your explanation of the above without invoking hypothetical future FCC (aka bogeyman) overregulation. (What regs?)
I say that a credible news channel requires a large investment in correspondents, anchors and other talent, plus the production. The market is saturated and many consummers are not aware of the low quality of current channels. It is a market failure.

It isn't a ... ( 8 months ago by jcfrith)

It isn't a hypothetical future bogeyman. It is observable present-day fact. CNN has been able to make the investment into their high level of production, talent, etc because Turner was gifted his media mogul position by the feds. For many many years, CNN was the news channel. There was scant little possibility that another could compete. The only reason there are other news channels being offered by News Corps, and GE is because those companies had enough money to buy their way into the game.

If you want to know ... ( 8 months ago by jcfrith)

If you want to know "What regs", try the simple act of setting up an internet radio station. Even if all broadcast rights are paid to writers/performers/record companies, the very real FCC has begun forcing these operations to obtain very official broadcast licensing at very high costs. These operations have all been forced to shut down as a result. There goes your alternatives to traditional broadcasts.

We were talking ... ( 8 months ago by nowaskmehow)

We were talking about news channels, originally CNN. Even most other tv channels have programming that they either produce (eg HBO) or buy directly from the producers (many).
Music-radio is a different story, so let's stick to the subject here. No weaseling out.

The Dow Jones could ... ( 8 months ago by DOLLARCRASH1984)

The Dow Jones could be heading to 30000. When that happens a cup of coffee will probably be worth $40.

That dull roar you ... ( 8 months ago by jcfrith)

That dull roar you hear is the point flying over your head.
All of the major traditional media outlets.... radio, TV, what have you, is all owned by the same 5 companies. Therefore, it is completely analogous and valid to draw a comparison between network news and radio.
The FCC is quick to shut down internet radio. Therefore, they will be equally quick to put the kibosh on internet news video, when it threatens the traditional outlets.
QED

jcfrith: You're ... ( 8 months ago by nowaskmehow)

jcfrith: You're already resorting to insult, but I'll make a last attempt at getting a straight answer from you.
By "outlet" you seem to mean broadcaster over the radiowaves. These are regulated, spectrum is limited.
However, one can use the internet for transport. You can get The Onion TV channel, after all. Of course, The Onion isn't an expensive real news org and they don't many viewers.
You are asked to explain why we don't have a free unbiased video news channel over the net.
Not music.

I've already ... ( 8 months ago by jcfrith)

I've already sufficiently explained why we don't have a free unbiased video news channel over the net, yet you are all too quick to dismiss valid analogous examples.
The reason we don't have a free unbiased video news channel over the net is because the traditional media monopoly will not allow it. They use the FCC as their cudgel.
That's your answer. Ignore this truth at your own peril.

This was hilarious! ... ( 8 months ago by chronto)

This was hilarious!
peter was like, "hmmm, we agree..."
then he's like, "Well, i like the recession!" "Now we disagree!" lol
RON PAUL/PETER SCHIFF would be an awesome ticket.

jcfrith: still re ... ( 8 months ago by nowaskmehow)

jcfrith: still re unavailable alternative news outlets, a couple of points to think about:
i) cable ops won't carry english al-jazeera, not because of FCC. (btw, eng. al-jazeera is real watchable, can't speak to the arabic version.)
ii) there is a widespread 'net daily 1-hour news: Democracy Now, hosted by Amy Goodman. It's funded by voluntary contributions, but you have to be generous to contribute, cos all can watch, so I have no idea if that is Libertarian kosher. Also, it bends pretty left.

production= ... ( 8 months ago by mindcloudbeta)

production=consumption+investment+gov't spending+ current account.
Consumption is high
investment is high (paradoxical considering interest rates)
government spending is higher the heaven
current account is in the billions or trillions hell i dont even know but astronomical!
=Recession and have been in one for a long time
take GDP and shove it up W's ass!

It's like talking ... ( 8 months ago by VerdigrisEnsemble)

It's like talking to a brick wall.

recession cleans up ... ( 7 months ago by Zhuangyao)

recession cleans up the bad debts and recession is vital for future economic growth, it is a medicine which the market must consume for future growth.
Obviously, the bald headed advisor is hired and paid by CNN to lie to the public. He cant be more stupid.

I hear that tinfoil ... ( 7 months ago by nowaskmehow)

I hear that tinfoil will protect your internet connection from invisible FCC regulation.

If we didn't use a ... ( 7 months ago by rolandjrg)

If we didn't use a central banking system there would be no such thing as a recession. Privatly owned federal researve will be the down fall of the United States.

the growth in GDP ... ( 7 months ago by ganderdip)

the growth in GDP is BS, inflation isnt reported properly... CPI is manipulated... look at real numbers

this is obama no 1 ... ( 7 months ago by vicegrip88)

this is obama no 1 song issue 1 econoy please click on vicegrip88

economical pressure ... ( 7 months ago by vicegrip88)

economical pressure obama will make it better

CNN's "Issue #1" is ... ( 6 months ago by kosai19)

CNN's "Issue #1" is funny. They say the exact same thing every single show.

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