Tagged: MSNBC

Keith Olbermann New “Chief News Officer” for Current Media

I like Keith Olbermann despite sometimes being over-the-top on Countdown. He criticized both sides of the aisle (more so the Right then the Left). When he was let go by MSNBC last month, it didn’t faze me too much. I got rid of my cable back in 2009, woo hoo! But I was hoping to see him back on something more visible than Current Media. Honestly, I didn’t even know what Current Media was until his announcement.

From Bloomberg:

Keith Olbermann, the former MSNBC host, is starting a news and commentary show on Current TV, a cable channel co-founded by Al Gore.

Olbermann, who left MSNBC last month after serving a two- day suspension over political donations in November, is receiving equity in the company and will serve as chief news officer, New York-based Current Media said today in a statement.

It’s All About The Money

As the election season heats up I think we, as ordinary citizens, watching the convention coverage and the morning talk shows, listening to the left leaning or right leaning commentators, the pundits, the gurus, the historians, the know-it-alls, the O’Reillys, Limbaughs, Matthews and Olbermanns, need to remember that [IMHO] it’s all about one thing:

$$ MONEY $$

Democrats and Republicans alike need to give outlandish, roaring speeches, make fun of the other team, so that they can rally their base and bring in more money through donations and contributions to their respective parties and elections.

Pundits and commentators need to make bold predictions and make outlandish statements so that their value increases. They need to be loud, hard, and controversial. They need to be a part of the news and make news. They feed off of one another by bashing each other. And if they’re popular enough, they get invited to participate on the news/talk show circuit such as MSNBC, FOX News, or CNN. The more popular they are, the more they make, the more books they can sell, and the more viewers the programs get. The more viewers they get, the more the networks can charge for advertising. The more they charge for advertising, the more money the networks make. Also, the more viewers they have the more consumers big companies get to see products  they advertise through commercials, and the more money they make selling their products. The more money companies make, the more their stock value goes up, the more they can spend on lobbying Washington, the more they can contribute to politicians and political parties.

And around and around we go. Obviously, this is a simplified analysis, but you can get the essence of it. We just need to take everything we hear with a grain of salt. Understand where it’s coming from, and why.

What does that mean for us ordinary citizens? Maybe just more of the same no matter who gets elected.