Excellent idea for untrustworthy US media-----Greek parliament approves TV bill to regulate 'vampire' media

Greek parliament approves TV bill to regulate 'vampire' media - Yahoo News Canada:
"ATHENS (Reuters) - The Greek parliament on Saturday approved a bill to regulate the awarding of TV licences to broadcasters, as part of the leftist government's efforts to clean up a sector it says is mired in debts and corruption.
In the first such reform for years, the bill would require television stations to bid for 10-year licences via auctions.
"This law is part of a wider plan.
To change things, the political system must change, the banking system and the business model must change," Deputy Prime Minister Yannis Dragassakis told parliament.
He called Greek media "vampire businesses" living on loans they are not likely to repay. 
"It's not some sporadic scandals in an otherwise healthy system... It's a system of power which has been created," Dragassakis said..."