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Tuesday, 10 April 2018 06:14

Do US Oligarchs Exist? Not According to the Mainstream Media

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JEFF COHEN FOR BUZZFLASH AT TRUTHOUT      mainstreammedia cohen 4 10The mainstream media‚Äôs track record of unbalanced coverage proves that it is time to disconnect from corporate news sources. Flickr

TV news shows are good at getting viewers riled up. Day and night, I hear the anchors on CNN and MSNBC getting us riled up about the schemes of this or that "Russian oligarch with links to the Kremlin." I've heard that phrase incessantly in recent weeks

And plenty of others have heard the "Russian oligarch" phrase. Merriam-Webster.com reported that "oligarch" was one of its most searched-for words on April 5th "following reports that Robert Mueller had questioned Russian businessmen to whom this descriptor applies."

But here's a phrase I haven't heard from any of the purportedly progressive hosts on MSNBC: "A US oligarch with links to Washington."

That avoidance is revealing when one considers an indisputable fact: US oligarchs have done far more to undermine US democracy than any Russian.

Take, for example, Brian L. Roberts -- who certainly fits the dictionary definition of "oligarch" as "one of a small group of powerful people who control a country or an industry." As chair and CEO of Comcast, Roberts runs the company his dad founded and has sole voting rights over one-third of the corporation's stock. His annual compensation last year of $28.6 million was less than what 14 other US oligarchs -- I mean, CEOs -- "earned." His net worth is estimated to be over $1.65 billion. 

Does this oligarch have "links to Washington"? In one recent year, Comcast devoted nearly $19 million to lobbying, second only to military-industrial firm Northrop Grumman. Last year, it spent more than $15 million. And oligarch Roberts has been a top D.C. power player for decades, having gotten his way with one president after another -- from President Clinton's deregulatory, anti-consumer Telecommunications Act of 1996 to President Trump's current effort to end Net Neutrality on behalf of Comcast and other giant Internet providers.

Clinton's pro-conglomeration Telcom Act and Trump's Net Neutrality assault have both undermined US democracy. No Russian had a hand in it. (You may have heard that the Trump-propagandist Sinclair Broadcast Group will soon own more than 200 local TV stations; until the Telcom Act, a company could legally own no more than 12.)    

You've got to hand it to US oligarchs; so many of them stay on top no matter which party runs Washington. They sure have greater staying power than Russian oligarchs -- who, we're constantly told, end up dead or in prison if they fall out of favor with President Putin. 

Roberts certainly has the lifestyle of an oligarch. He maintains a seasonal dacha -- I mean, second home -- in Martha's Vineyard where he keeps his custom-built Sparkman & Stephens sloops, and where he has hosted President Obama, including at an A-list cocktail party thrown for Obama in August 2013. And Roberts reportedly just built a sprawling mansion in North Palm Beach, not far from Trump's Mar-a-lago.

But his primary residence is in Philadelphia; Obama has been a regular presence at Comcast mansions there as well. In 2013, speaking at a Democratic Party fundraiser in the Philadelphia home of Roberts' top lobbyist, President Obama commented: "I have been here so much, the only thing I haven't done in this house is have Seder dinner."

While Russian oligarchs are often passionate game-hunters, Roberts is an avid golfer, carrying an impressive 8 handicap. Obama has famously golfed with him "on the lush fairways of the Vineyard Golf Club." 

There's one last factoid I need to add about Roberts. As Comcast's CEO, he is the ultimate boss of those allegedly progressive hosts on MSNBC. Which may help to explain their silence about US oligarchs, since it would be difficult to bring up the topic without mentioning their boss.

I really shouldn't single out Roberts. Nor the MSNBC hosts he employs. Because the problem goes way beyond this particular oligarch and that particular corporate news outlet.

Roberts is just one of dozens of powerful US oligarchs. They comprise a "US ruling class" and preside over a "corporate state" -- a couple more phrases one virtually never hears in mainstream US media. One reason these oligarchs get little critical coverage and no systemic scrutiny is because -- as in Russia -- oligarchs are owners or major sponsors of mainstream media. 

Let me be clear, so as to not overstate things: Fox News hosts are free to tarnish certain oligarchs, Democratic ones like George Soros -- and MSNBC hosts gleefully go after Republican oligarchs like the Mercers and the Koch brothers. 

But to get a clear and comprehensive view of the workings of the US political system (aka "US oligarchy"), I have a suggestion: Disconnect from MSNBC, CNN, Fox and other corporate news sources and turn instead to high-quality, independent progressive media -- some of which can be found here.  

If you do, you'll see that the problems plaguing US democracy and the US economy are definitely the work of oligarchs. But they don't speak Russian.