A guest post from my friend, Richard Ridgeway:
I'm going to talk directly to my conservative brethren and ask that you entertain a wild idea. First, we must answer a few internal questions-- conservative rhetorical mechanics-- if you will.
Do you real-life conservatives agree that the antiquated,corrupt,leftist media networks of ABC, CBS and NBC are all asslicking pukes "in the tank" for not just the junior senator from Illinois, but for the entire Democrat party?
Do you real-life conservatives know the extent of the incompetence, propagandizing, condescending dishonesty of the so-called news and business divisions of said cabal of networks?
Do you real-life conservatives hope one day that just one of those old 3 networks could actually be an honest news / business service that informs Americans in truthfulness rather than liberal ideological indoctrination?
Well-- why don't we do something about it? Let me 'splain.
In just a few short years-- look at what the blogosphere on the right has accomplished. The onslaught of constant lies from the left is no longer able to be shoveled down the entire population's throat without a fight. The standard-bearers like Charles Johnson, Michelle Malkin, Brent Bozell, Don Luskin and others successfully laid the foundation that inspired a landslide of outstanding conservative/libertarian writers, bloggers and information outlets that has evolved into a force for truthful news and analysis. We add conservative talk radio as a dominant force. Fox News Channel allows the largest outlet for conservative views on Cable TV. We have made a large dent in the old media monopoly.
However, we know that although the "Big Three" networks have been significantly knocked down from their high Stalinist perch, their influence is still massive. So massive in fact, we know they make a huge difference in wielding public opinion. If all the American people actually knew the true agenda and ideas of the Democrat party, a democrat would NEVER win an election! What if we (America) could actually have one of those Big Three Nets as an honest news outlet that would report the news and be an honest organization?? Wishful thinking? Perhaps not.
Because I feel like it, I'm going to pick on CBS.CBS is a publicly traded company. The outstanding stock consists of Class A (voting) and Class B (non-voting).
With a concerted organized effort, a large group of like-minded people owning stock could theoretically have a major impact on content. This is not a new idea. In fact, there are mutual funds set up with advocacy as part of their agenda. Example: See The Free Enterprise Action Fund (Ticker: FEAOX). A mission statement excerpted from their website a shareholder activist mutual fund that aggressively challenges liberal CEOs who threaten conservative and libertarian values.
If you think the left isn't a bit concerned about this... And not to be outdone by a "free enterprise" mutual fund, the left countered with their own "progressive" ( read doomed to fail ) advocacy fund. It WAS called "The Blue Fund" and it only invested in companies that made at least 51 percent of their political donations to Democrats. Here's the Blue Fund's status now, and I quote the epitaph:" Please note: The Blue Fund has liquidated and all shares have been redeemed." Funny, I couldn't find any Wiki entry for The Dead Blue Fund. Another interesting dichotomy as noted in this NRO piece is that CBS was a target company of both funds.
With CBS stock now at multi-year lows; a great buying/advocacy opportunity presents itself. One can only imagine what pressure a CBS would be under, imposed by a large group of demanding shareholders who has the objectives of persuaying the company to produce a profitable, responsible, honest and ethical product and holding them accountable. Or, they face the consequences of those en masse active shareholders. We also have the capability to form Investment Clubs. These clubs could centrally target a company for those precise objectives. I know damn well with the talent and entrepreneurial spirit residing within our conservative world; we have the people that could actually lead and implement an easily producible plan of action. With our network of allies and watchdogs, an Ace Flaming Skull is just a click away.
Hey, I don't know how to do it. I'm not a trained economist. I'm just another dumbassed, hick community organizer that fights off rattlesnakes in remote desolate properties and hawks some used autos, that has another wild-assed idea. I hate the old leftist alphabet media. I want to do something about the vermin.
Now, admitidly I've had crazy and dead-wrong ideas in the past. At this point, I think the idea has merit. How about it folks? Any interest in ownership of a major media outlet, Comrades?
Author's correction: A reference in my post to Wikipedia eroneously linking The Free Enterprise Action Fund (a mutual fund) as being in question has been removed. The Wikipedia link was to the Free Enterprise Fund (a political action group) . The two are entirely different.
Thanks to Don Luskin for the correction.
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