t r u t h o u t - William Rivers Pitt | Planet Reagan: " Mainstream media journalism today is a shameful joke because of Reagan's deregulation policies. Once upon a time, the Fairness Doctrine ensured that the information we receive - information vital to the ability of the people to govern in the manner intended - came from a wide variety of sources and perspectives. Reagan's policies annihilated the Fairness Doctrine, opening the door for a few mega-corporations to gather journalism unto themselves. Today, Reagan's old bosses at General Electric own three of the most-watched news channels. This company profits from every war we fight, but somehow is trusted to tell the truths of war. Thus, the myths are sold to us.
The deregulation policies of Ronald Reagan did not just deliver journalism to these massive corporations, but handed virtually every facet of our lives into the hands of this privileged few. The air we breathe, the water we drink, the food we eat are all tainted because Reagan battered down every environmental regulation he came across so corporations could improve their bottom line. Our leaders are wholly-owned subsidiaries of the corporations that were made all-powerful by Reagan's deregulation craze. The Savings and Loan scandal of Reagan's time, which cost the American people hundreds of billions of dollars, is but one example of Reagan's decision that the foxes would be fine guards in the henhouse. "