As consumer advocates deplored changes to media ownership rules, investors bought shares of the biggest media companies. By David D. Kirkpatrick. [New York Times: NYT HomePage]

specious [Dictionary.com Word of the Day]

As soon as most people see the words “duopoly,” “cross-ownership rules,” or “FCC” in the headlines their eyes glaze over. But not my friend and many people’s hero, Bob McChesney. Bob eats memos about telecom regulations for breakfast. He has campaigned tirelessly, along with John Nichols, Mark Crispin Miller, Jeff Chester, and others, for reform of our nation’s media regulatory apparatus. But I just had a... [In These Times]