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Jack Welch is the guy who was CEO of General Electric from 1981 to 2001. He acquired NBC for GE in 1985 as part of the RCA deal, and in 1993 had hired former Republican National Committee chair Roger Ailes to rework NBC's news division, particularly its CNBC channel, to be more to the GOP's liking. (Ailes was then hired in 1996 by another right-wing media mogul, Rupert Murdoch, to create and run FOX News. Funny how that works.) Welch took great pride in corrupting former liberals like Chris Matthews and Tim Russert, seducing them with cold hard cash and then boasting about it:
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Your 'bought and paid for' press. How can you believe anything you hear on TV anymore?
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