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Friend,
Jim Hightower, America’s #1 populist, is one of our most important voices challenging corporate power.
But when he called out the Wall Street hedge fund scavengers destroying the newspaper industry, his syndicator refused to distribute the column, fearing backlash from those same Wall Street hucksters.
What made this piece, out of all of Hightower’s razor sharp commentaries, so far beyond the pale? He named names—and he didn’t pull punches:
Hedge-fund scavengers with names like Digital First and GateHouse . . . know nothing about journalism and care less, for they’re ruthless Wall Street profiteers out to grab big bucks fast by slashing the journalistic and production staffs of each paper, voiding all employee benefits (from pensions to free coffee in the breakroom), shriveling the paper’s size and news content, selling the presses and other assets, tripling the price of their inferior product—then declaring bankruptcy, shutting down the paper, and auctioning off the bones before moving on to plunder another town’s paper.
This is how the corporate media silences anyone who fundamentally challenges the capitalist power structure.
But you better believe Common Dreams ran that column—and featured it on our home page. We exist to lift up the voices of those who fundamentally challenge that corporate power structure—not just in the newspaper industry, but in every aspect of our economy.
We rely on donations from our readers to power this independent, changemaking journalism. Will you make a donation to help us meet our Winter Fundraising Campaign goal of $75,000 by March 2?
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