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The Journal of Lacy D Phillips

Oligopoly Watch
03/16/2004 08:13 a.m.

I cannot believe that I'm watching Spongebob Squarepants on CNBC.

Here I am trying to find out what the hell is going on with Nortel's accounting review (in the interest of full disclosure, I own fake Nortel stocks on the Yahoo stocksquest game) and instead of getting any relevant information, there is a man from ESPN on my TV screen telling me he has a certification in Bracketology. Yes, Bracketology. I hate the entire month of March. And in honor of Nickelodeon's 25th anniversary and 8th year of being the #1 kids network, there is the president of the corporation on CNBC completely trashing Disney.

So let me get this straight...GE owns CNBC, and Viacom owns Nickelodeon, and Disney owns ESPN... two plus two is...okay, bear with me...

GE is seriously trying to rally support behind the hostile Viacom takeover of Disney! Think about it. Invite the Disney Bracketology goon on to yammer and then toss a well-dressed exec from Viacom in the very next segment to talk about how they have completely undermined the Disney market share in the last eight years. (A market share that didn't even exist before Saint Walt created it, I might add.)

Hmmmm...stick that in your pipe and toke on it.

Did you know that there is an NCAA Special Advisor to the President??? To the PRESIDENT!!! Yeah, a nice man by the name of Wallace Renfro who looks like he just got back from burning on a beach. The man is a flaming capitolist. He even looks like Dick Cheney. Like a hybrid between Cheney and Bobby Knight. I am so not kidding.   Cheney

(you don't get the full effect of Renfro without his glasses on, which are so totally identical to Cheney's)

Words I have recently had to add to my spellchecker: outsourcing, selloff, iTunes, grey, Omnimedia


I am currently Disillusioned
I am listening to the world spin.

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