Clear Channel and Bush Connections
Some of the biggest rallies this month have endorsed President Bush's strategy against Saddam Hussein, and the common thread linking most of them is
Clear Channel Worldwide Inc.,
the nation's largest owner of radio stations. You recall the recommended radio playlists after Sept 11?
There are more media recommendations now.
...R. Steven Hicks and his brother Tom both founded major radio companies that merged in ’99 into AMFM, Inc. After Clear Channel Communications devoured AMFM later that year, Tom Hicks became its vice chair.
Tom Hicks made Bush a millionaire 15 times over when he bought the Texas Rangers in ’99....
...Tom Hicks heads the corporate raider firm Hicks Muse Tate & Furst
(Bush’s No. 4 career patron). Hicks Muse long wanted to tap the $13-billion University of Texas (UT) endowment for its takeover deals. As Bush assumed office in ’95, Hicks was confirmed as a University of Texas Regent and hired lobbyists to push a bill creating the UT Investment Management Co. (UTIMCO).
more
UPDATE:
Channels of Influence by Paul Krugman March 25 article
posted by Cyndy
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