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Old April 4th 04, 07:55 AM
Telamon
 
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In article ,
(UJ) wrote:

In a genuinely competetive free market situation, this new liberal
network wouldn't last more than a few weeks. However, I suspect that
it is being backed financially by some deep pocketed extremists who
have a socialist agenda that is more important to them than financial
profits. Poor ratings, which are nearly certain, will have no bearing
on the network's longevity. This is all theory, mind you,and only time
will tell.


snip

The CEO is Mark Walsh and he plans on dumping money into it for three
years see:
http://www.broadcastingcable.com/art...op+of+the+Week
&promocode=SUPP

And this

http://www.cmpa.com/FinancialTimes--March25.htm

"Mr Walsh, a veteran of HBO, America Online and the Democratic National
Committee, was volunteering for Democrat presidential contender John
Kerry's campaign when he joined the radio network last autumn. While he
has no formal ties with the Kerry camp, the "Bring it On!" slogan that
Mr Kerry has adopted appears on some Air America posters."


" The group has raised $25m in equity, mostly from wealthy individuals
who, Mr Walsh said, made their investments "based on belief and
business"."

"A separate arm, called Equal Time, which has $30m in debt capacity,
will acquire and operate radio stations. The group expects to lose money
in its first two years and become profitable early in its third."

******************************
They are defiantly anti capitalistic and are communist. Don't worry
about Franken or what he says worry about what the people supporting
this effort want.

I want to find out who these "wealthy individuals" are. I'll bet they
are communists.

Air America Radio web site:
http://www.airamericaradio.com/

--
Telamon
Ventura, California