Rupert Murdoch lost nearly his entire investment in MySpace the other day when he sold the failing social network to
musician and actor Justin Timberlake and an ad agency he backs for some US$30 million. This was a good deal less than the US$500 million-plus Murdoch paid for it.
Why did Murdoch make such a bad investment? Because he hoped to use the network as a vehicle from which he could disseminate news. He wanted to make MySpace into a mechanism to deliver current-events content. When it didn’t work out – and he must have known that fairly soon – he obviously lost interest. And as his interest waned, so did MySpace.
This speaks to Murdoch’s desperation – and mainstream media’s generally. In a digital world, he is willing to burn US$500 million simply to confirm that a social network is not a news delivery system. I could have told him that for a much lower fee.
This also shows us the importance of news to the powers-that-be. The Anglosphere elites – for whom Murdoch evidently and obviously works – are determined (thus far without much success) to find a way to protect their failing information franchise.
Nothing in the past 300 years or so, while the elites have advanced their one-world-order, has been so devastating to their plans as the Internet and the rise of the alternative media driven Internet Reformation. It has poisoned the chalice and befouled the well; it has unbalanced the clarity of the concoction and clouded it with truth. A bitter brew … for them!
Western power elites will do ANYTHING to reclaim their news franchise. When one looks at 20th century media development one is struck by its massive size and strategic composition. Every part of Western 20th century media worked seamlessly together. The whole idea was to create an increasingly militarized society that would accept global government as part of the natural order of things..
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…….Strauss-Kahn is a metaphor for the present neoliberal system. It sucks the blood of countries in crisis, such as Iceland, Ireland, Greece, Portugal, and now Spain, as was previously done with Brazil and the countries of Latin America and of Asia. To save the banks and enable repayment of debts, it devastated societies, forced workers out of their jobs, privatized public goods, cut salaries, delayed retirement ages, mandated longer work hours. All because of capital. The enforcer of these world policies is, among others, the IMF, of which Strauss-Kahn was the central figure. What he did to Nafissatou Diallo is a metaphor for what he was doing to the countries in financial difficulties. He deserves jail not just for the sexual violence against the hotel maid, but even more, for the economic rape of the people, that he committed from the IMF. Español El lector o la lectora pensará que es una tragedia que el Director-gerente del FMI, Strauss-Kahn, diera alas a su vicio, la obsesiva búsqueda de sexo perverso, corriendo desnudo detrás de una camarera negra en la suite 2806 del hotel Sofitel de Nueva York, hasta sujetarla y forzarla a practicar sexo, con detalles que la Fiscalía de Nueva York describe minuciosamente y que, por decencia, no voy a decir. Para él no era una tragedia, sino una víctima más entre otras que ha hecho en este mundo. Se vistió y se fue directo al aeropuerto. Lo cómico fue que olvidó el móvil en la suite y así pudo ser detenido por la policía cuando estaba dentro del avión. 
