Thursday, November 20, 2014

Free press

I have said in the past that the free market capitalist system is the best in the world. I have further said that corruption is the enemy of this system and we must rely on government to police this system. If the regulators and the regulated get in bed together the system will fail. This happens on a regular basis but still relatively unusual. Here is one example. SAN FRANCISCO (KCBS)— A consumer-advocacy group says one of the recently-released emails between PG&E and the California Public Utilities Commission shows the commission’s president pushed a backroom deal to award the utility tens of millions of dollars in exchange for political contributions. Note in this case it was not the constitutional free-press watch-dog that uncovered this situation but a consumer advocacy group. It is dangerous when the press begins to take sides on political issues and this seems to be happening all too often. The press is supposed to challenge the government at every stage and much of our press has been co-opted by the government. I want a press that causes politicians to be wary of all that they do and all that they say. I want them to know that our free press will be shining the light of transparency on their activities.

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