12/09/2007

Another Interesting Week.....

We left an interesting week behind and another interesting week is before us. The Iowa Caucus is about 30 days away, the world is as dangerous as ever, the challenges with the US Economy is ever more, Czar Putin has prevailed in Russia, and James Murdoch just cemented his position as the heir apparent at News Corporation. Rupert Murdoch is to be admired. I have discussed it before. As his son Lachlan said, "..there will only be one Rupert Murdoch....". But, interestingly enough, Rupert is still accountable to shareholders. If he is not able to deliver, he may indeed have a challenge. But, the fact that he seems to be devouring everything in its' wake is a problem. And it seems that there is nothing that we ordinary folks can do about it. Of course, the FCC seems to be the extension of the Media Lobby. The FCC wants the media companies to be bigger and bigger. The question is at what cost? Thankfully, folks like Byron Dorgan, The US Senator from North Dakota, at least is trying to do something about it.

The struggle does indeed continue.....
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