Wouldn't it be great if a Republican presidential candidate could just buy the support of just about every major conservative talk show host in America?
Well, it may not be as far-fetched as you may think. Clear Channel owns
more radio stations (850) than anyone else in the United States. They
also own Premiere Radio Networks, the company that syndicates the radio
shows of Rush Limbaugh, Sean Hannity, and Glenn Beck, among others.
Needless to say, Clear Channel basically owns conservative talk radio in
the United States. So who owns Clear Channel?
Well, it turns out that
Bain Capital is one of the primary owners of Clear Channel.
Yes, you read that correctly. The company that Mitt Romney ran for so
long is one of the "big bosses" over virtually all conservative talk
radio in America.
Of course Mitt Romney is not running Bain Capital
anymore. He is a "retired partner", but he still has a huge financial
stake in Bain Capital. We're talking about millions upon millions of
dollars.
If you doubt this, just check out page 34 of this public financial disclosure report.
So if you have been wondering why so many conservative talk show hosts
are being so incredibly kind to Mitt Romney, this just might be the
answer.
No comments:
Post a Comment