Monday, September 27, 2004

SUMNER REDSTONE ENDORSES BUSH... HONEST MAN? VERY SMART MAN?

Sumner Redstone recently stated that he was voting for Bush. Hmmm... is he covering his ass and investment to quell the growing backlash against CBS News? A strong "liberal Democrat" throughout his life and a media empire under his seat. What does this man have to fear? Another four years under a Republican White House and a strongly divide nation where partisanship can drive away eyeballs from his media properties.

Redstone is a smart man. If you were to place bets on this race now, Kerry has a greater chance of being the loser. Even if everything is equal among the public, it might as well be with the projected winners of the White House. Not good to have enemies from that house for four years.

With the scandal at CBS still festering, questions are being raised about whether a felony was committed when the network broadcast apparently forged memos in an attempt to discredit George W. Bush. Yesterday, the chairman of CBS's parent company chose Hong Kong as a place to drop a little bomb. Sumner Redstone, who calls himself a "liberal Democrat," said he's supporting President Bush.

The chairman of the entertainment giant Viacom said the reason was simple: Republican values are what U.S. companies need. Speaking to some of America's and Asia's top executives gathered for Forbes magazine's annual Global CEO Conference, Mr. Redstone declared: "I look at the election from what's good for Viacom. I vote for what's good for Viacom. I vote, today, Viacom.
(full article)

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