Sit down, take a load off your feet, treat yourself to a Margarita.
Time to celebrate, (courtesy of freelixer).
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The Senate Commerce Committee voted Thursday to overturn parts of a Federal Communications Commission decision freeing media companies from decades-old ownership limits and allowing them to buy more outlets and merge in new ways.
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"I would like the FCC to start all over," said Sen. Kay Bailey Hutchison, R-Texas, who opposes the changed rules. She said they are "potentially dangerous to media diversity in this country."
And from the left, (also courtesy of freelixer):
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When the Federal Communications Commission voted June 2 to remove key restrictions on media consolidation, dissident Commissioner Michael Copps warned, "This Commission's drive to loosen the rules and its reluctance to share its proposals with the people before we voted awoke a sleeping giant.
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Barely two weeks after Copps uttered those words, he was proven right, as the Senate Commerce Committee responded with rare haste to the public outcry that followed the FCC decision. In a sweeping rejection of the agency's decision to provide already large media conglomerates with opportunities to extend their dominance of the nation's political and cultural discourse, the committee on Thursday endorsed a legislative package that reverses the worst of the rule changes.
The first article speaks of the legislation having an "uncertain future."
In your dreams, Mr. Viacom. We, the people, are about to become your worst nightmare, Mr. Murdock.