Carlos Slim

The Media Mogul Protection Racket

Column: Want a pass from negative coverage? Fund the liberal press

I was halfway into the latest celebratory profile of Chris Hughes, the Facebook multi-millionaire and owner of the New Republic, when I was struck by the following idea, which I provide free of charge. If you are a millionaire or billionaire looking to avoid negative or critical or even remotely credulous press coverage, stop what you are doing, invest in a media property, and employ liberal writers and editors. You will probably lose a lot of money, but the intangible benefits of slavish praise and deflected criticism will be priceless.

ObamaPhones Profiting ObamaDonors

Program to aid the poor lining the pockets of the wealthy

A wireless company profiting from the so-called “Obama phone” giveaway program is run by a prominent Democratic donor whose wife has raised more than $1.5 million for the president since 2007.

Slim’s Shady NYT Coverage

World’s richest man secretly powwows with top Obama admin officials

The world’s richest man quietly slipped into Washington, D.C., this week for a series of powwows with top Obama administration officials – but you would not know it if you read the New York Times. Slim is worth an estimated $63 billion, and owns more than seven percent of the New York Times Company – though the eponymous newspaper of record didn’t deem it necessary to report on its partial owners’ D.C. trip.