Results 1 to 9 of 9

Thread: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

  1. #1
    Platinum AndreaGail's Avatar
    Join Date
    Apr 2010
    Posts
    1,372
    Thanks
    410
    Thanked 468 Times in 223 Posts

    Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    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.

    In the media world, there is a clear understanding that you simply do not bite the hand that feeds you. Some of the most prominent conservative talk radio hosts are earning tens of millions of dollars a year.

    If you were making tens of millions of dollars a year, wouldn't you be very careful to avoid offending your boss?

    The deal in which Bain Capital became one of the owners of Clear Channel was initiated just a short time before Mitt Romney's first run for president. The following comes from Wikipedia....

    On November 16, 2006, Clear Channel announced plans to go private, being bought out by two private-equity firms, Thomas H. Lee Partners and Bain Capital Partners for $18.7 billion, which is just under a 10 percent premium above its closing price of $35.36 a share on November 16 (the deal values Clear Channel at $37.60 per share).

    The deal was finalized in 2008. Today, Bain Capital is still one of the primary owners of Clear Channel.

    One of the subsidiaries of Clear Channel is Premiere Radio Networks.

    Premiere Radio Networks distributes a whole host of conservative talk radio shows. Everyone in the conservative world knows names such as Rush Limbaugh, Sean Hannity and Glenn Beck. Clear Channel also controls some other conservative talk radio hosts (such as Michael Savage and Mark Levin) that are not part of the Premiere Radio family.

    The power that Premiere Radio Networks has is absolutely staggering. The following is directly from the official Clear Channel website....

    Premiere Radio Networks Inc., a subsidiary of Clear Channel Communications, syndicates 90 radio programs and services to more than 5,000 radio affiliations and reaches over 190 million listeners weekly. Premiere Radio is the number one radio network in the country and features the following personalities: Rush Limbaugh, Jim Rome, Casey Kasem, Ryan Seacrest, Glenn Beck, Bob (Kevoian) & Tom (Griswold), Delilah, Steve Harvey, Blair Garner, George Noory, John Boy and Billy, Big Tigger, Dr. Dean Edell, Bob Costas, Sean Hannity and others. Premiere is based in Sherman Oaks, California, with 13 offices nationwide.

    So do you think that any of those hosts is going to risk viciously attacking Mitt Romney and Bain Capital during this election season?

    Not likely.

    One of the controversies that has plagued Premiere Radio Networks in recent years has been the uproar over their use of paid actors to call in to their radio shows.

    The following comes from Wikipedia....

    Clear Channel, through its subsidiary, Premiere Radio Networks, auditions and hires actors to call in to talk radio shows and pose as listeners in order to provide shows, carried by Clear Channel and other broadcasters, with planned content in the form of stories and opinions. The custom caller service provided by Premiere Radio ensures its clients they won't hear the same actor's voice for at least two months in order to appear authentic to listeners who might otherwise catch on.

    So perhaps that explains where some of the "Romney callers" come from.

    There is nothing illegal about what Romney and Bain Capital have done, but it sure does not pass the "smell test".

    Conservative talk radio has the potential to sway millions of conservative voters in one direction or another, and it is just not proper for Bain Capital and Romney to have such an overpowering financial interest in conservative talk radio.

    And yes, Mitt Romney is still bringing in lots of money from Bain Capital. The following comes from a Wikipedia article about Mitt Romney....

    At the time of his departure, Romney negotiated an agreement with Bain Capital that allowed him to receive a passive profit share as a retired partner in some Bain Capital entities, including buyout and investment funds.[62][57] With the private equity business continuing to thrive, this deal would bring him millions of dollars in income each year.[57] As a result of his business career, by 2007 Romney and his wife had a net worth of between $190 and $250 million, most of it held in blind trusts.[62] An additional blind trust existed in the name of the Romneys' children and grandchildren that was valued at between $70 and $100 million as of 2007.[63] The couple's net worth remained in the same range as of 2011, and was still held in blind trusts.

    In addition, Bain Capital and Bain & Company continue to pour huge amounts of money into Romney's campaign coffers.

    Just check out the following list of the biggest donors to the Romney campaign. These numbers come from opensecrets.org....

    Goldman Sachs $367,200
    Credit Suisse Group $203,750
    Morgan Stanley $199,800
    HIG Capital $186,500
    Barclays $157,750
    Kirkland & Ellis $132,100
    Bank of America $126,500
    PriceWaterhouseCoopers $118,250
    EMC Corp $117,300
    JPMorgan Chase & Co $112,250
    The Villages $97,500
    Vivint Inc $80,750
    Marriott International $79,837
    Sullivan & Cromwell $79,250
    Bain Capital $74,500
    UBS AG $73,750
    Wells Fargo $61,500
    Blackstone Group $59,800
    Citigroup Inc $57,050
    Bain & Co $52,500

    As with anything, whenever you want to get to the real truth you just need to follow the money.

    Earlier this week, Sean Hannity told Rick Perry that his attacks on Mitt Romney's time at Bain Capital sounded like something that "Occupy Wall Street" would say.

    Just the other day, Rush Limbaugh compared Rick Perry to Fidel Castro and rabidly defended Mitt Romney on his radio program....

    “There’s no way you can try to dress that up,” Limbaugh fumed. “I don’t understand it. Well, politically I understand it, but that’s just absurd. It’s sad. ‘Cause I really, really, really like Rick Perry! I really do. I had such hopes! I did. I’ll tell you, I did, but all of this talk about “corporate raiders,” and as I listen to politicians start talking about capitalism, lights are going off in my head. “Maybe they don’t really know what it is. Maybe they’re under some misconception about what capitalism is, because this characterization of it? A distinction with venture capitalism and vulture capitalism? This bite from Perry doesn’t compute.”

    Michael Savage has been one of the worst offenders of all. He made national headlines when he offered Newt Gingrich one millions dollars to drop out of the race so that Mitt Romney would have a clear path to the nomination.

    When he announced this offer, Savage wrote the following on his own website....

    "Mitt Romney is the only candidate with a chance of defeating Barack Obama, and there is nothing more important than that for future health, safety, and security of the United States of America"

    So why are these conservative talk show hosts defending Mitt Romney so furiously?

    I think now we know.

    It is all about the money.

    When you have enough money, you can get conservative talk show hosts to promote an extremely liberal candidate.

    Yes, of course Bain Capital does not "control" what these talk show hosts say.

    Yes, of course some of the talk show hosts toss some light criticism at Romney from time to time.

    But they simply do not go after Romney like they should be.

    The truth is that Mitt Romney is really a Democrat that is masquerading as a Republican. When you closely examine his record, he is very similar to Obama.

    There is no way in the world that any self-respecting conservative should ever cast a single vote for him.

    But right now Mitt Romney is running away with the race for the Republican nomination.

    If Republicans can be fooled this badly, is there any hope for the future of the Republican Party?
    http://endoftheamericandream.com/arc...ael-savage-etc
    Fashion is a form of ugliness so intolerable that we have to alter it every six months

    Silver will have its day...

  2. #2
    Platinum mightymanx's Avatar
    Join Date
    Jul 2010
    Location
    Land of Mossbacks and Sasquatch.
    Posts
    1,651
    Thanks
    4
    Thanked 23 Times in 18 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    All is going according to plan.
    Please remember.... once the pin is removed, Mr. Grenade is no longer your friend.

    Quote Originally Posted by TheNocturnalEgyptian View Post
    The main thing I learned from history is that most men fail to learn from history.

  3. #3
    Platinum Golden's Avatar
    Join Date
    Apr 2010
    Posts
    1,129
    Thanks
    0
    Thanked 159 Times in 110 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    Just How Corrupt Will The United States Voting System Be In 2012 - VIRALIZE

    http://www.youtube.com/watch?v=dRNORxmmVSc
    Uploaded by Thyalwaysseek on Jan 17, 2012
    PLEASE COPY & MAKE VIRAL; LINKS BELOW

    ** SCYTL (In Spain) **
    http://www.scytl.com
    http://scytl.com/en/news-events-c-3.html

    SCYTL Acquires SOE Software, Becoming the Leading Election Software Provider
    http://www.balderton.com/news/scytl-...ing-the-leadin...
    http://www.soesoftware.com (Tampa, hub for 900 locations before reporting)
    http://scytl.com/en/remote-e-voting-s-5.html
    http://www.elusivetruth.com/

    BALDERTON CAPITOL (U.K.) - *** Only Investor In SCYTL!!! ***
    http://www.balderton.com/portfolio/scytl
    http://www.balderton.com/team (Leadership)
    http://www.balderton.com/team/tim-bunting (Prior Goldman Sachs)
    http://www.balderton.com/team/mark-evans (Prior Goldman Sachs)
    http://www.balderton.com/team/charlotte-anne-swerling (Prior taskforce for Tony Blair)


    Alex Jones (Jan 16 2012): http://www.youtube.com/watch?v=s0LcpfmgPs8


    You have to start somewhere. I'm taking a stand, spreading the message and voting for Ron Paul.
    A strange game. The only winning move is not to play. How about a nice game of chess?

  4. #4
    Great Value Carrots JDRock's Avatar
    Join Date
    Apr 2010
    Posts
    3,979
    Thanks
    2,588
    Thanked 1,967 Times in 958 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    wow...and this is just one small tiny spec of the msm....what the hell else goes on??

  5. #5
    Gold
    Join Date
    Apr 2010
    Posts
    888
    Thanks
    48
    Thanked 111 Times in 77 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    I need to add to this.

    News Corp, of course, is nothing but propaganda. If you look at the board of News Corp, who do you see there?

    Sir Roderick I. Eddington
    Non-Executive Chairman for
    Australia and New Zealand
    J.P. Morgan

    and

    Andrew S.B. Knight
    Non-Executive Chairman
    J Rothschild Capital Management Limited

    http://www.newscorp.com/corp_gov/bod.html

    Clearly, they are there to oversee JP Morgan's and Rothschild's money. News Corp is owned by their investment branches.

    Here's the kicker:

    Clear Channel Communications has a 10 year exclusive agreement with News Corp. for news.

    Who would clearly in their right mind want a news exclusively from a propaganda outlet like Fox News?
    But fellas above are well known for tying together their own companies.

    SO I bet someone needs to pay a closer look at who's been giving billions to Bain Capital, because from where I'm sitting it is mighty suspicious.

    AND if my suspicions are true, Mitt Romney is nothing but another straw man, director of some investment branch of a JP Morgan - Rothschild TPTB empire. And THAT - isn't going to be good for US of A.

  6. #6
    MASON FIGHTER MAGNES's Avatar
    Join Date
    Apr 2010
    Location
    SILVER VAPORIZES MASONS !
    Posts
    4,319
    Thanks
    865
    Thanked 681 Times in 322 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    .

    Remember Clear Channel, pro war shilling for Bush and punishing artists that were anti war,
    I remember but don't have handy links and details.

    Clear Channel was war monger NeoCon Central.
    LARGE SARGE LEFT. Dogman4Socks, regarding Hoarder and LargeSarge accounts. " Edit: Bet it was no accident, maybe a point being made ?" " and for the one that did it , kudos for doing it. tho ye will remain unnamed... do not doubt this was an accident. "
    "This is a cult forum, that restricts open freedom and open opinions to be posted" "I've said before, if I get a chance to meet MAGNES in person, I'd be happy to knock his lights out" Mr 6 Sock Puppet Jew Troll
    LINK > bit.ly/NnMbmG

  7. #7
    Gold
    Join Date
    Apr 2010
    Posts
    888
    Thanks
    48
    Thanked 111 Times in 77 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    Here's some EXPLOSIVE info, from Wikipedia. This ties Bain Capital and Bain & Company directly to TPTB and Bank of England:

    1990th:
    Facing financial duress, Bain Capital partner Mitt Romney was asked to rejoin and lead Bain & Co. as interim CEO. Bringing along two lieutenants from Bain Capital, Romney began a traveling campaign to rally employees at all Bain offices globally. Romney also negotiated a complex settlement between the Bain partnership and the firm's lenders, including a $10 million reduction in the $38 million Bain owed the Bank of New England,[10] which by that time had been seized by the FDIC and placed in Chapter 7 liquidation.

    The Boston Globe pointed out that:

    "Over several weeks, Romney managed negotiations with the banks and among the partners... The moment came when negotiations produced a package in which Bill Bain and the founding partners would give up control of the firm (to the banks), turning back $30 million they had taken from the ESOP and $100 million in notes they held against the firm."

    In 1993, the head position at Bain & Company was split into two roles – an executive head (Worldwide Managing Director) and a non-executive head (Chairman of the Board). Orit Gadiesh, named Bain’s first Chairman in 1993, was fundamental in maintaining Bain’s culture. After spending two years in military intelligence for the Israeli army and earning a degree in psychology from Hebrew University, Gadiesh enrolled in the Harvard Business School and graduated as a Baker Scholar. As a junior partner during the turnaround, she had been instrumental in keeping senior partners from leaving the firm; as chairman, she became the first female to lead one of the major consulting firms. Gadiesh was known throughout the firm for her passionate leadership and "True North" philosophy, which the firm still embraces. For the past several years, she has landed among Forbes list of the 100 Most Powerful Women in Business and is on the board of several organizations, including the World Economic Forum.

    http://en.wikipedia.org/wiki/Bain_%26_Company

  8. #8
    Gold
    Join Date
    Apr 2010
    Posts
    888
    Thanks
    48
    Thanked 111 Times in 77 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    This info is so explosive, it needs to be on Zerohedge and on all other alternative and pro- Ron Paul sites. This clearly tells that Romney was part of selling Bain to Bank of England or whoever current power is there, and that his presidential bid is nothing but a favor back. One more time, Romney presidential nomination is Bank of England's idea, and it should go back where it came from.

  9. #9
    Unobtanium mick silver's Avatar
    Join Date
    Apr 2010
    Location
    coolville
    Posts
    19,797
    Thanks
    9,936
    Thanked 4,010 Times in 2,836 Posts

    Re: Bain Capital Owns Clear Channel (Limbaugh, Hannity, Beck, Savage, etc)

    JP Morgan Chase & Co
    http://www.thedailybell.com/2556/JP-Morgan-Chase-Co ...
    JP Morgan Chase's own website pronounces the banking institution to be "...built on the foundation of more than 1,200 predecessor companies that have come together over the years to form today's company." In fact, from the perspective of libertarians and conspiratorial historians, JP Morgan Chase, like Goldman Sachs, is a prime instrument of elite repression and financial rapine.
    It is seemingly yet another manifestation of the financial terrorism that the Anglo-American power elites have unleashed upon the world in their quest for global government. JP Morgan himself is currently held to have been an agent of the Rothschilds and thus a representative of the Money Power in America throughout his career. JP Morgan Chase is his legacy.
    Everything is a matter of perspective, but it is evident and obvious that JP Morgan Chase has morphed into a huge financial company. Since its establishment in 1799, JP Morgan Chase has acquired, through merger, leveraged buy-out, or midnight backdoor dealing, nearly every major mid- to large-sized banking institution east of the Mississippi, eventually reaching west and overseas as well.
    This list of acquisitions includes Bank One, Bear Stearns, Washington Mutual, Manufacturers Hanover, First Chicago Bank, National Bank of Detroit, Texas Commerce Bank, Providian Financial and Great Western Bank. Each key merger has added an additional facet to the JP Morgan Chase range of financial services. It is the biggest of the "big four," which also includes Wells Fargo, Citigroup, and Bank of America.
    According to Forbes (in 2011), JP Morgan Chase is also the largest public company in the world, with assets of over $2 trillion – and has the largest hedge fund in the US, with assets of more than $53 billion. Among its former list of CEOs is David Rockefeller. His affiliation with Chase Manhattan spanned nearly 40 years, beginning in 1949 as a manager and ending with his tenure as CEO from 1969 into the early 1980's.
    JP Morgan Chase traces its roots back to 1799, when Aaron Burr formed the Manhattan Company. It was a company built on loopholes, ostensibly formed as a waterworks company. However, Burr wrote into the charter a provision that allowed the company to use its excess capital in any manner "not inconsistent with the Constitution of the United States."
    Thus the Bank of Manhattan Company was born. Its purpose was to compete with the Bank of New York, established by Burr's rival, Alexander Hamilton, which was until then the only commercial bank in the city. Many of the early predecessors of the current company used a similar means to get around state prohibitions and restrictions against lending institutions: New York Manufacturing Company became Manufacturers Hanover and New York Chemical Company became Chemical Bank. In 1955, the Bank of Manhattan Company merged with Chase National Bank to become Chase Manhattan Bank. In 1996, Chemical Bank took over Chase Manhattan Bank, keeping the Chase Manhattan name.
    J. Pierpont Morgan and Anthony Drexel formed the JP Morgan side of the equation in 1871 as Drexel, Morgan & Co. It began as an institution that aided European investment in US interests, helping to drive the Industrial Revolution. It was the sale of stock for William Vanderbilt's New York Central Railroad that made JP Morgan's name, solidifying his reputation for raising capital and linking him forever with the railroad industry.
    The term "Morganization" was coined when Morgan, never one to ignore opportunity when it knocked, began to buy up and restructure struggling railroad companies. He later turned his hand and money to financing mergers of many big US companies.
    Morgan's son, JP "Jack" Morgan, Jr., then led the company in capitalizing on the First World War, making a record $50 million loan to the British and French Allies, and later through the sale of government war bonds after the United States entered the war. JP Morgan & Co. was among those who made reconstruction loans to a war-devastated Europe, which helped to establish New York City as a leading financial center. JP Morgan & Co merged with the Guaranty Trust Company of New York in 1959, operating under the name Morgan Guaranty Trust Company until 1988, when it returned to using the name JP Morgan & Co.
    In its current incarnation, which came into being with the merger of Chase Manhattan Company and JP Morgan & Co in 2000, JP Morgan Chase has interests in over 50 countries, boasting clients which range from major global corporations to governments. Its business concerns include investment banking, asset management, card services, treasury and security services and commercial banking.
    Since that time, it has also been subject to over $6 billion in fines and repayments due to mismanagement, fraud and deception, including $4.2 billion dollars in fines and reimbursements to investors resulting from the Enron scandal. In 2009, JP Morgan Chase settled with the SEC for $722 million to end an investigation into its part in a stock-swap scam that nearly bankrupted the largest county in Alabama. The latest scandal involves the admitted overcharging on mortgage loans and illegal foreclosure on the homes of active-duty military personnel stationed in Afghanistan. A class-action suit was filed against them and a $27 million settlement reached in January of 2011.
    “Now remember, when things look bad and it looks like you’re not gonna make it, then you gotta get mean, mad-dog mean. ‘Cause if you lose your head and you give up then you neither live nor win. That’s just the way it is.” ~ Outlaw Josey Wales…

    STOP F*CKING WITH US.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •