-Caveat Lector-
>From http://www.bushwatch.net/brew.htm
}}}>Begin
Pants On Fire
� July 9, 2002
The Daily Brew
Why did corporate America decide it was OK to lie to their investors, the SEC, and
the public? How did corporate America get the idea that they could tell huge
whoppers without getting caught? Who is responsible for giving them the idea that
deceit was a sure fire path to riches? That one's easy. Rush Limbaugh.
>From 1992 until today, Limbaugh has been without question the single most
influential political commentator in America. After making possible the GOP's 1994
congressional takeover, Limbaugh was named an honorary member. It was
Limbaugh's GOP majority who then changed the law in 1995, shielding outside
accountants, law firms, CEOs and directors from liability for false corporate
reporting.
Limbaugh and his 20 million listeners cheered them on every step of the way as they
passed the bill over President Clinton's veto. In the past five years since the GOP
congress made that law, over 1,000 public companies have been forced to restate
misleading reports.
Today, Limbaugh's influence is equally felt among Republican lawmakers and their
corporate sponsors. Limbaugh is the highest paid personality on the radio. His
contract is reported to be worth over a quarter of a billion dollars. When a guy earns
that kind of money, the corporations take notice. Especially the five or six global
giants that control 95% of the US media. And what did they notice? They noticed that
no lie was too big, no story too tall; Limbaugh could say virtually anything and get
away with it.
Day after day, lie after lie, Limbaugh keeps them coming. Whether accusing Hillary
Clinton of murder, or denying that global warming is real, no whopper is too big for
Limbaugh to throw at his credulous sheep. Not content with helping the GOP destroy
the bedrock regulatory oversight that had made the American financial system the
envy of the world, Limbaugh spent the remainder of the 90s as a veritable poster
child for earning huge profits by lying about progressive politicians and policies.
So it came as no surprise that the rest of the corporate media would follow suit.
Whether misquoting Al Gore, making up stories about president Clinton's White
House staff, or misreporting the voter fraud that installed their candidate in the
White
House, all across America the corporate media have adopted Limbaugh's modus
operendi. And guess what? Just like Limbaugh, they get away with it!
Limbaugh's latest lie, which has been picked up and amplified by the corporate
media, is that all this permissiveness is somehow Bill Clinton's fault. But 7 years and
$70 million dollars in special prosecutors later, we know that Clinton's only lie...was
about his private life. And even the most self-deluded ditto-head would have to admit
that Ken Starr and the GOP Congress made damn sure Clinton didn't get away with
it.
No, Rush, corporate America didn't convince themselves they could get away with
lying because they watched Bill Clinton get crucified for a white lie about his
personal
life. They decided they could get away with it because they had watched you get rich
repeatedly raping of the truth for ten years in front of 20 million Americans on a
daily
basis.
End<{{{
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Believe only after careful observation and analysis, when you find that it
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"Always do sober what you said you'd do drunk. That will
teach you to keep your mouth shut."
--- Ernest Hemingway
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