Skip to main content

Why are the billionaires always laughing?

Because they know the corporate media will never call bullshit on their bullshit.

Why are the billionaires laughing?

It’s easy to laugh when the corporate press treats you as a glorious success instead of the epitome of a broken social order. They laugh because they know the corporate media prefers to fawn over them rather than hold them to account.

Today, we ask you to support our nonprofit journalism because we are not impressed by billionaires flying into space, their corporations despoiling our health and planet, or their vast fortunes safely concealed in tax havens across the globe. We are not laughing.

We are hard at work digging out the truth. Please support this independent journalism today by donating to our critical Fall Campaign. We cannot do it without you. Thank you. -- Craig Brown, Co-founder

Support Our Work -- Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Every donation—large or small—helps us bring you the news that matters.

Creating 'Massive Media-Telecom Behemoth,' Judge Approves ATT-Time Warner Merger

"The decision to approve the AT&T/Time Warner merger further entrenches AT&T as a media gatekeeper that harms the public interest and opens the door for more media consolidation in the future."

Jake JohnsonJessica Corbett

"Common sense tells you that this degree of concentrated power isn't right," said Zephyr Teachout, who is running for attorney general of New York. (Photo: Shutterstock)

Dealing a significant blow to consumers by placing "unprecedented power in the hands of a single, massive media-telecom behemoth," a federal judge on Tuesday approved the widely denounced $85 billion merger between AT&T and Time Warner—a move that consumer advocates said paves the way for even further corporate concentration.

"With the recent repeal of net neutrality, AT&T now has the ability to block or throttle any online content that competes with Time Warner programming," Michael Copps, former FCC commissioner and special adviser with Common Cause, said in a statement reacting to the judge's ruling. "The decision to approve the AT&T/Time Warner merger further entrenches AT&T as a media gatekeeper that harms the public interest and opens the door for more media consolidation in the future."

"Common sense tells you that this degree of concentrated power isn't right," wrote Zephyr Teachout, a candidate for attorney general of New York, wrote immediately following the judge's ruling. "These giant mergers tend to hurt workers and democracy, not just prices—they lessen the control of the little guy."

Rep. Keith Ellison (D-Minn.), who recently announced he's running for attorney general of Minnesota, argued the Trump administration—which has expressed opposition to the merger, albeit with questionable motives—must "appeal this misguided decision, and continue to fight similar mergers."

In a statement responding to the judge's ruling on Tuesday, the Justice Department—which could appeal the decision—said it was "disappointed" and will "closely review" the opinion.


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

Schumer Endorses 'Inspiring Community Leader' India Walton as Buffalo's Next Mayor

The U.S. Senate majority leader's move comes as some key New York Democrats refuse to back the democratic socialist.

Jessica Corbett ·


'Who Will You Throw Overboard?' Manchin Targeted for Trying to Sink Democratic Agenda

West Virginians gathered at the senator's yacht to demand that he stop blocking the "popular and needed" Build Back Better package.

Jessica Corbett ·


'We Shouldn't Do It at All': Manchin Admits He's the Enemy of Democrats' Ambitions

The right-wing West Virginia Democrat and fossil fuel investor has previously confessed his intent to quash his own party's sweeping $3.5 trillion Build Back Better package.

Brett Wilkins ·


After Getting 'Stealth Bailout' During Pandemic, US Corporations Try to Kill Proposed Tax Hikes

"When it's time to finally put workers first, big businesses are spending millions to maintain their advantage and preserve the status quo," said Kyle Herrig of Accountable.US.

Jessica Corbett ·


'Disgraceful': Just 9 Republicans Join With Dems to Hold Steve Bannon in Criminal Contempt

The vote "reveals just how far the Republican Party has fallen" since Trump took control as GOP's de facto leader, said one pro-democracy advocate.

Jon Queally ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.


Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo