Financial Crisis Inquiry Commission Report Due

Word is beginning to leak out about the contents of the Financial Crisis Inquiry Commission's (FCIC) final report, a 576-page official analysis of the causes of the crisis. The Commission, which got off to a slow and rocky start, managed to hold 19 days of hearings and interviewed 700 witnesses. According to the New York Times, the report puts blame where blame is due, on reckless Wall Street gambling, but also on the colossal failure of government.

Fox News Gives GOP Free Advertising

It is a known fact that money taints every aspect of American politics, and most prominently, electionsThe Raw Story reports that sometimes you actually don't have to pay to play, or at least that if you pay enough, sometimes the favor is returned.

David Edwards reports that in the run-up to the 2008 presidential elections Fox News gave some $55 million in free campaign advertising to GOP candidates.

Edwards writes,

Being on the Fox News payroll has its advantages. Not only did five potential Republican candidates get regular paychecks from the network last year, but they also got something even more valuable: airtime. Former Arkansas Governor Mike Huckabee appeared for almost 48 hours. Former Alaska Governor Sarah Palin had nearly 14 hours of appearances. Former House Speaker Newt Gingrich was given close to 12 hours. Former senator from Pennsylvania Rick Santorum and former UN Ambassador under George W. Bush John Bolton both received about six hours.

"How Everybody Exists" Doesn’t Have To Be

democracy soldIf you want to know how things really get done in Washington -- or don't get done, depending on the desires of America's corporate executives -- all you have to do is read a couple of paragraphs in a January 23 story in the Philadelphia Inquirer.

Reporter Joe DiStefano quotes a vice president at APCO Worldwide -- one of DC's most powerful and influential PR firms -- in response to questions about my book, Deadly Spin. Throughout the book, I disclose the previously secretive work APCO did for the health insurance industry to manipulate public opinion on health care reform, in part by trying to scare people away from a movie, Michael Moore's 2007 documentary "Sicko".

The surprising gem in the Inquirer piece was that APCO VP Bill Pierce essentially agreed with me. He acknowledged that interest-funded pressure groups "are all over the place" in Washington. "That's how everybody exists here," Pierce said.

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