Jour 430

NBC challenged FCC's authority/regulation of content.
scarcity doctrine
- there is a finite number of broad cast licenses and the airwaves are public property - therefore resources should be in used in the public interest.
FCC challenges -
   - when it exceeds its statutory authority (ex: Fairness Doctrine)
   - when an action is unconstitutional


FCC v. Red Lion
Carried a program including a right-wing commentator launching a personal attack on Fred Cook
- Cook wrote a book about Barry Goldwater
Does it violate First Amendment rights? / Indirect censorship?
Is the government allowed to regulate?
Only went to the appellate court
- upheld FCC's position
--- challenged again to Supreme Court
- SCOTUS decided that First Amendment rights of the public takes precedence over the First Amendment rights of broadcasters

Miami Harold v. Tornillo
The Miami Harold ran two editorials opposing Pat Tornillo, clearly against him
Tornillo wanted a rebuttal and was refused; sued under Florida's "right of reply" law
SCOTUS - "right to reply" statute violated the freedom of press in First Amendment


Print v. broadcasting rights
- print - private enterprise
- broadcasting - public


----

obscenity - no first amendment protections
- sexual content in an offensive manner --not artistic.

FMD 155

extra credit look up mossimo see what happened to that company

consumer profile , age hobbies what you like to do demographics
on you and someone else

HOMEWORK

Jour 430

Quiz next tues! March 5.

FEC v. Citizens United


2002 Bipartisan Campaign Reform Act (aka McCain-Feingold Campaign Finance Law)
BCRA

lower rates - clear that you approve the message/campaign

Electioneering communication - broadcast, cable, or satellite communication referring to a clearly identified candidate for federal office made within 30 days of primary or 60 days of a general election

McCain-Feingold aimed to close the loophole that would allow a third party candidate support.
 - tried to require a corporation to create a PAC (political action committee)
 - tried to avoid general funds

Plaintiffs went against BCRA - legislation was unconstitutional (first amendment rights)
Justices were conflicted about decision

FEC v. WI Right to Life

WI Right to Life - broadcasted ads telling voters to contact Wisconsin Senators
FEC barred the ads, was sued by WRTL

Question for SCOTUS : Were these ads electioneering communication?
WIRTL said it was unconstitutional as applied.

Acct 201

Accounting Transactions

Liabilities
 debit - goes down
 credit - goes up ^


3. sierra purchased equpiment  by paying 5,000 cash to superior equipment sales co.
3. -$5,000 cash (A)/ +$5,000 equipment (A)

4. Sierra received a $1,200 cash advance from R. Knox, a client.
4. +$1,200 in cash (A) / +$1,200 in unearned serv. rev. (L)

5. Sierra received $10,00 in cash from Copa Company for guide services performed.
5. +$10,000 cash (A) / +$10,000 revenues (R.E. in SE)


employees salaries go under expenses in retained earnings (SE)


T ACCOUNT
Debit (dr.) or Credit (cr.)
Left or Right

Debits must equal Credits.
Debits must = Credits.


If debits are greater, then it will have a debit balance.
If credits are greater, then it will have a credit balance.


Retained earnings statement
two exam questions
one exam question : the formula
second: the computation


Retained earnings statement
Beginning retained earnings
add: net income
less: dividends
ending retained earnings



Balance sheet

Debit : goes up : assets, expense
Debit : goes down : liability, equitiy

Fmd 155

Fashion eras...

A fiber or fabric - coco chanel's jersey knit
A model - twiggy
A celebrity icon - Madonna, Jennifer Anniston
A fashion look - flapper
A market segment - middle class, youth
A bohemian element - hippies, hip hop
A style leader - Jacqueline Kennedy
A designer's signature style - "New Look" Christian Dior

Fashion Cycle
Innovation: Introduction & Rise
Culmination: Acceleration & Mass acceptance
Decline: Decline & Obsolescence

Components of design:
Silhouette
Detail
Texture
Color