FACT CHECK: NON-distortions in GOP debate, just the truth's. Romney's crooked
deals with Clear Channel. Many are expressing serious concerns that Mitt
Romney's private equity firm Bain Capital owns one of America's largest media
conglomerates, Clear Channel Communications, Inc., which broadcasts numerous
popular talk-show hosts with incalculable influence in the 2012 GOP primary.
Bain Capital joined with private-equity firm Thomas H. Lee Partners to buy Clear
Channel in 2008, with the announcement made shortly before Romney's 2008 run for
the GOP nomination. The $25-billion deal included around 1,000 AM and FM
stations, as well as dozens of televisions stations that were later sold off.
Think about that the next time you're flipping channels on the radio and realize
that Rush Limbaugh calls the candidates Romney, Non-Romney, and Loony. Clear
Channel and its subsidiaries have been criticized on several other fronts in
recent times, too. Last year, for example, its Premiere Radio Networks
syndication service was exposed using paid actors to call into talk shows and
read scripts. Some cynics have even suggested that pro-Romney callers on
conservative shows may have actually been well-paid propagandists reading from a
prepared script.My truths.