Having finally grown tired of the Federal Government doing nothing to curb the influx of illegal aliens, Hazelton, Pennsylvania took matters into their own hands, passing ordinances that would fine businesses who employee illegal aliens and fine landlords who rent to them. Several other small towns across the country followed Hazelton's example.
However today a US judge ruled the local ordinances "unconstitutional", stating Federal Law prohibited towns and cities to enforce such ordinance.
Read news reports on this here and here.
By Friday morning there will probably be a lot of folks throwing around the term "states rights" which has been historically used by southern states to defend slavery and later, segregation. Damn shame a Federal court will not allow local governments to protect their citizens when the Federal Government will not.
Of course, why would the Federal Government care anything at all about curbing illegal immigration when the they plan on erasing the borders for the Security and Prosperity Plan (North American Union) anyway?
Last time states rights were a major issue this country found itself in a bitter civil war, from which it never entirely recovered. Seems as though we're heading down that road again.
Showing posts with label news. Show all posts
Showing posts with label news. Show all posts
Thursday, July 26, 2007
Thursday, July 19, 2007
When the Dow Sales
Dow Jones & Company has received an unsolicited takeover offer (estimated around $5 Billion) by Rupert Murdoch's News Corporation.
Dow Jones sound familiar to you? It should. The Dow Jones Industrial Index has long been considered THE gauge to determine the state of the stock market. Dow Jones & Company publishes the Wall Street Journal, a daily publication with an international circulation. The Wall Street Journal has remained a highly respected source of news, in spite of the public's growing distrust in most major new outlets.
News Corp is one of the world's largest media conglomerates, controlling many media outlets, including FOX. See a complete list of News Corp assets here. Almost 70% of the company's sales come from its US businesses, yet in 1999, The Economist reported that News Corp Investments had made £1.4 billion ($2.1 billion) in PROFITS over the previous 11 years but had paid no net corporation tax.
Rupert Murdoch, who has a long history of using his media holdings to promote the political and financial policies he supports, has made it clear he expected The Wall Street Journal to come under his editorial control if the sale was to go through.
It is hardly as though the Bancrofts, the family who controls Dow Jones & Company, are suffering financially. The sale would merely propel them into another level of filthy, stinking rich.
I am certain we were taught in Civics that the Federal Government had regulations in place to prevent monopolies, yet here we have two media giants about to come under control of one man. Is it really a good idea to allow one individual to control that big of a piece of the public opinion pie?
Read the New York Times coverage of this story here.
Dow Jones sound familiar to you? It should. The Dow Jones Industrial Index has long been considered THE gauge to determine the state of the stock market. Dow Jones & Company publishes the Wall Street Journal, a daily publication with an international circulation. The Wall Street Journal has remained a highly respected source of news, in spite of the public's growing distrust in most major new outlets.
News Corp is one of the world's largest media conglomerates, controlling many media outlets, including FOX. See a complete list of News Corp assets here. Almost 70% of the company's sales come from its US businesses, yet in 1999, The Economist reported that News Corp Investments had made £1.4 billion ($2.1 billion) in PROFITS over the previous 11 years but had paid no net corporation tax.
Rupert Murdoch, who has a long history of using his media holdings to promote the political and financial policies he supports, has made it clear he expected The Wall Street Journal to come under his editorial control if the sale was to go through.
It is hardly as though the Bancrofts, the family who controls Dow Jones & Company, are suffering financially. The sale would merely propel them into another level of filthy, stinking rich.
I am certain we were taught in Civics that the Federal Government had regulations in place to prevent monopolies, yet here we have two media giants about to come under control of one man. Is it really a good idea to allow one individual to control that big of a piece of the public opinion pie?
Read the New York Times coverage of this story here.
Subscribe to:
Posts (Atom)
