Shareholder Discovery has sold its stake in GB "News". Bought for £20 million, it was offloaded for just £8M. The channel, where the average daily view is less than a minute, is currently being investigated by media regulator @Ofcom for its coverage of the COVID vaccine.
"Comments made during an interview with Dr Naomi Wolf about the coronavirus vaccine rollout raise potential issues... our investigation will consider whether this programme broke our rules designed to protect viewers from harmful material." - @Ofcom
This is the second @Ofcom investigation GB News is facing over its vaccine coverage.
The latest one relates to an interview with the author Naomi Wolf, in which she claimed women were being harmed by #Covid19 vaccines as part of an effort to “to destroy British civil society”.
#Ofcom said it would investigate whether the programme broke “rules designed to protect viewers from harmful material” after receiving more than 400 complaints from members of the public.
The interview with Wolf was originally broadcast on 4th October this year.
Dangerously irresponsible & quite possibly damaged conspiracy theorist Wolf compared doctors’ support for the vaccine rollout to the behaviour of the medical profession in Nazi Germany & described herself as the “last remaining independent journalist” willing to question this. 😬
Wolf was being interviewed on the Mark Steyn Show, which has repeatedly raised doubts over the safety of vaccines. Steyn’s claims that the jabs cause “every conceivable kind of damage” is typical of the ill-informed outrage-provoking style of the UK's very own Fox News wannabe.
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So right-wing Brextremist hedge-funder Paul Marshall bought out GB "News".
Under dictator Jorge Ubico, the United Fruit Company gained control of 42% of Guatemala's land, & enjoyed tax exemptions & freedom from import duties. Then in 1953, the socialist government of Jacobo Arbenz redistributed the company’s land to the citizens who worked it.
United Fruit hired Bernays to restore Guatemala to a “banana republic.”
Bernays flew influential journalists to Guatemala, entertained them, & arranged them to meet politicians who said Arbenz was a Communist controlled by Moscow.
The media witnessed an anti-American demonstration in the capital, thought to be organized by Bernays. He created a US fake news agency called the Middle American Information Bureau that issued press releases saying Soviets planned to use Guatemala to launch attacks on the US.
While US & UK right-wing free-market extremists distract voters with increasingly absurd divisive culture war bullshit, know that over the last several decades, the top 1% of Americans have taken $50 TRILLION From the bottom 90%.
Had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone.
That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year.
"Non-Marxists think that Marxism is one homogeneous dogmatic body of thinking. It is not. Marxism believes in Marx’s principle of ruthless criticism of the world & of the ideas about it."
Raju's critique is in response to this 2019 @jacobin interview.
'The 2008 crash didn’t kill off neoliberalism, it embedded its logic ever deeper in our lives. Harvey says the only way to end this system for good is to change how we fight it.'
"Harvey does recognize, however, inadequately, that there are classes & that people should engage in (class) struggles. But that is not enough to be a Marxist. Nor is a Marxism which is seen merely ‘as a critique of capital’ enough."
A few weeks ago Jeremy Hunt was criticised for announcing that 600,000 people on universal credit will effectively be forced to work, while neglecting to mention the role of fitness assessments, or what happens to carers or disable people. He also ignored elite's tax avoidance...
Jeremy Hunt has form on allegations of tax avoidance: in 2012, the Telegraph revealed that Hunt avoided more than £100,000 in tax on a £1.8million property deal tax bill, just days before a rate rise in the weeks before the 2010 election.
The company, co-founded by Jeremy Hunt, breached company law before carrying out a restructuring designed to reduce the health secretary’s tax bill by about £100,000. It failed to file documents with Companies House for over three years, rather than the required 15 days.
As a result, millenials (typically born from 1981 to 1996) and those in younger age groups are much less likely to be on the property ladder by their thirties than their parents. This has significantly restricted younger people’s prospects for future social mobility.
Since 1995, average house prices in the UK have risen from £56,000 to over £290,000 by August 2022. This huge growth (which went into a temporary reverse after the 2008 global financial crisis) has far outpaced general price inflation.
'The relatively new historical & political concept of "individual (as opposed to collective) responsibility" is used to justify the dismantling of welfare, the rejection of altruism, & the unraveling & destruction of community.' - @lewlewwaller.
The idea of 'responsibility' has many forms both historically and culturally. But today, the idea of individual responsibility is often invoked in discussions about welfare, poverty, & enterprise.
Increasingly, throughout the liberal and neoliberal periods, we’ve – in politics and the media, at least - emphasised ‘responsibility for ourselves’ at the expense of other types of responsibilities, moral obligations, or duties.