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August 12, 2013

That all rich people are equal, but some are more equal than others,

is an unspoken axiom of American politics. It has created all sorts of confused and sloppy reporting of which the Bezos story is only the most recent and high profile example.
And it has led reporters and editors to overlook one of the most important stories of our time: The connection between the liberal ideology of the global financial elite and the social pathologies — inequality, communal dissolution, family breakdown — that plague liberal society. Inward looking and self-obsessed, status seeking and conniving, the press is all too eager to ask what the sale of the Washington Post means for its industry, and all too complacent about what the deal says about power in America. -- The Silicon Valley oligarchy comes to Washington

Posted by gerardvanderleun at August 12, 2013 9:54 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Exactly, this is what it is all about: cachet with the left, buying into the folks in power. In a Washington DC where cronyism defines how policy is applied, the smart businessmen are buying in. 250 million is cheap for decades of adoration from the left and avoiding all those pesky regulations and agency pressure. Think he'll get trouble with the IRS like the Tea Party did after this? Think he'll get leaned on by the EPA, that he'll have any trouble with waivers from the Obama administration?

Its cheaper in the long run than campaign donations, and as a commenter here pointed out, you can get your donations in year round, campaign or not, when you own a newspaper.

Posted by: Christopher Taylor at August 12, 2013 12:15 PM

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