The same is true for the military industrial complex, i.e 1,730 BOARD MEMBERS of the nation's 1,000 leading companies sit on the boards of 4 or more other corporations - including half of Coca-Cola's 14-person board, i.e. monopoly and conflict of interest...
http://www.projectcensored.org/censorship/corporate-media-ownership/ Corporate Media Ownership The Project Censored team researched the board members of 10 major media organizations from newspaper to television to radio. Of these ten organizations, we found there are 118 people who sit on 288 different American and international corporate boards proving a close on-going interlock between big media and corporate America. We found media directors who also were former Senators or Representatives in the House such as Sam Nunn (Disney) and William Cohen (Viacom). Board members served at the FCC such as William Kennard (New York Times) and Dennis FitzSimmons (Tribune Company) showing revolving door relationships with big media and U.S. government officials. These ten big media organizations are the main source of news for most Americans. Their corporate ties require us to continually scrutinize the quality of their news for bias. Disney owns ABC so we wonder how the board of Disney reacts to negative news about their board of directors friends such as Halliburton or Boeing. We see board members with connections to Ford, Kraft, and Kimberly-Clark who employ tens of thousands of Americans. Is it possible that the U.S. workforce receives only the corporate news private companies want them to hear? Do we collectively realize that working people in the U.S. have longer hours, lower pay and fewer benefits than their foreign counterparts? If these companies control the media, they control the dissemination of news turning the First Amendment on its head by protecting corporate interests over people. Download our guide to Corporate Media <http://www.projectcensored.org/images/uploads/guide-corporate-media-ownersh ip.pdf> Ownership (pdf) to find out what the media owns or click here <http://www.projectcensored.org/censorship/media-map/> to see Media Map of who owns what It seems that fraudulent legislation to legalize fraud assists the rich to get richer, just like the Federal Reserve Act of 1913 which created the Privately Owned Credit Monopoly known as the Federal Reserve System Banks. http://www.motherjones.com/news/exhibit/2006/05/sources.html The Perks of Privilege - How the rich get richer. Clara Jeffery May/June 2006 Issue IN 1985, THE FORBES 400 were worth $221 billion combined. Today, they're worth $1.13 trillion-more than the GDP of Canada. THERE'VE BEEN FEW new additions to the Forbes 400. The median household income has also stagnated-at around $44,000. AMONG THE FORBES 400 who gave to a 2004 presidential campaign, 72% gave to Bush. THE $17,530 EARNED by the average Wal-Mart employee last year was $1,820 below the poverty line for a family of 4. 5 OF AMERICA'S 10 richest people are Wal-Mart heirs. PUBLIC COMPANIES spend 10% of their earnings compensating their top 5 executives. 1,730 BOARD MEMBERS of the nation's 1,000 leading companies sit on the boards of 4 or more other corporations - including half of Coca-Cola's 14-person board. IN 2005, 25.7 million Americans received food stamps, a 49% increase since 2000. ONLY ESTATES worth more than $1.5 million are taxed. That's less than 1% of all estates. Still, repealing the estate tax will cost the government at least $55 billion a year. ONLY 3% OF STUDENTS at the top 146 colleges come from families in the bottom income quartile; only 10% come from the bottom half. BUSH'S TAX CUTS GIVE a 2-child family earning $1 million an extra $86,722 - or Harvard tuition, room, board, and an iMac G5 for both kids. A 2-CHILD family earning $50,000 gets $2,050 - or 1/5 the cost of public college for one kid. THIS YEAR, Donald Trump will earn $1.5 million an hour to speak at Learning Annex seminars. ADJUSTED FOR INFLATION, the federal minimum wage has fallen 42% since its peak in 1968. IF THE $5.15 HOURLY minimum wage had risen at the same rate as CEO compensation since 1990, it would now stand at $23.03. A MINIMUM WAGE employee who works 40 hours a week for 51 weeks a year goes home with $10,506 before taxes. SUCH A WORKER would take 7,000 years to earn Oracle CEO Larry Ellison's yearly compensation. ELLISON RECENTLY posed in Vanity Fair with his $300 million, 454-foot yacht, which he noted is "really only the size of a very large house." ONLY THE WEALTHIEST 20% of Americans spend more on entertainment than on health care. THE BIDDER who won a round of golf with Tiger Woods for $30,100 at a 2004 Buick charity auction could deduct all but about $200. TIGER MADE $87 million in 2005, all but $12 million from endorsements and appearance fees. THE 5TH LEADING philanthropist last year was Boone Pickens, in part due to his $165 million gift to Okla. State University's golf program. WITHIN AN HOUR, OSU invested it in a hedge fund Pickens controls. Thanks to a Katrina relief provision, his "gift" was also 100% deductible. LAST YEAR 250 COMPANIES gave top execs between $50,000 and $1 million worth of wholly personal flights on corporate jets. THIS PERK is 66% more costly to companies whose CEO belongs to out-of-state golf clubs. THE U.S. GOVERNMENT spends $500,000 on 8 security screeners who speed execs from a Wall Street helipad to American's JFK terminal. UNITED HAS CUT the pensions and salaries of most employees but promised 400 top executives 8% of the shares it expects to issue upon emerging from bankruptcy. UNITED'S TOP 8 execs will also get a bonus of between 55% and 100% of their salaries. IN 2002, "turnaround artist" Robert Miller dumped Bethlehem Steel's pension obligation, allowing "vulture investor" Wilbur L. Ross to buy steel stock and sell it at a 1,000% profit. IN 2005, DELPHI HIRED Miller for $4.5 million. After Ross said he might buy Delphi if its labor costs fell, Miller demanded wage cuts of up to 63% and dumped the pension obligation. 10 FORMER ENRON directors agreed to pay shareholders a $13 million settlement-which is 10% of what they made by dumping stock while lying about the company's health. POOR AMERICANS spend 1/4 of their income on residential energy costs. EXXON'S 2005 PROFIT of $36.13 billion is more than the GDP of 2/3 of the world's nations. CEO PAY AMONG military contractors has tripled since 2001. For David Brooks, the CEO of bulletproof vest maker DHB, it's risen 13,233%. AT THE $10 MILLION bat mitzvah party Brooks threw his daughter last year, guests got $1,000 gift bags and listened to - Aerosmith, Kenny G., Tom Petty, Stevie Nicks, and 50 Cent - who reportedly sang, "Go shorty, it's your bat mitzvah, we gonna party like it's your bat mitzvah." FOR PERFORMING IN the Live 8 concerts to "make poverty history," musicians each got gift bags worth up to $12,000. OSCAR PERFORMERS and presenters collectively owe the IRS $1,250,000 on the gift bags they got at the 2006 Academy Awards ceremony. A DOG FOOD COMPANY provided "pawdicures" and other spa treatments to pets of celebrities attending the 2006 Sundance Film Festival. ONE OF MADONNA'S recent freebies: $10,000 mink and diamond-tipped false eyelashes. PARIS HILTON, who charges clubs $200,000 to appear for 20 minutes, stiffed Elton John's AIDS benefit the $2,500-per-plate fee she owed. ACCORDING TO Radar magazine, Owen Wilson was paid $100,000 to attend a Mercedes-Benz-sponsored Hamptons polo match. 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