Job Loss Induced by Government Corruption
Yesterday, I chased some rabbits down some side trails and sarcastically picked on the Tribune Co., the hypocrisy of government bailouts, and related job loss. Why not bailout an integral part of mainstream media that tends to hide corruption in the government? They are losing people that protect them!
Well, here is a follow up story related directly to the Tribune Co.
Apparently, the Illinois Governor, Rod Blagojevich, who was recently arrested on corruption charges threatened to withhold state assistance in the sale of the Chicago Cubs from the Tribune Co. unless they fired editorial staff that covered corruption in the Illinois Governor's office.
"A statement by U.S. Attorney Patrick Fitzgerald and FBI Special Agent-in-Charge Robert Grant said Blagojevich and Harris 'allegedly conspired to sell U.S. Senate appointment, engaged in pay-to-play schemes and threatened to withhold state assistance to Tribune Company for Wrigley Field to induce purge of newspaper editorial writers.'
"However, the Tribune was also named in the affidavit because tapes allegedly play Blagojevich directing Harris to inform the newspaper's owners and advisers that "state financial assistance would be withheld unless members of the Chicago Tribune's editorial board were fired, primarily because Blagojevich viewed them as driving discussion of his possible impeachment."
"The Tribune Company, which declared bankruptcy on Monday, owns the Chicago Tribune and the Chicago Cubs, and had explored the possibility of obtaining assistance from the Illinois Finance Authority as part of the effort to sell the Cubs and finance the sale of Wrigley Field."