Welcome to the Wavelength, your bi-weekly field guide to the world of media policy. Over the next four months, we'll be compiling great content, connecting the dots, building context, and reporting how media policy impacts the lives of everyday people. From the ongoing battle over Net Neutrality to the wild world of Internet regulation, from partisan crusades to media accountability, the Wavelength is here to keep you in the know.

This week, we're focusing on major mergers, holding telecom giants accountable, and the revolving door at the Federal Communications Commission (FCC).

So, without further ado, let's take a spin through the media zone.

This week's biggest health care story shouldn't even be making headlines: Democratic leaders in the Senate are finally pressuring the entire caucus to help bring a health care bill to the floor by sticking with the party on procedural motions. Astute readers will ask: "But aren't Senators supposed to stick with their party on procedural motions?" Yes, of course they are.

Health care reform is the Democrats' biggest political battle in two generations and the crown jewel of the president's domestic agenda. It's hardly unreasonable to demand that Senate Democrats side with their party to defeat a filibuster.

The economy is still getting worse. Foreclosures are surging above last year’s epic highs and the unemployment rate marches upwards every month. As the misery grinds on, Wall Street lobbyists and their allies in Congress are pushing hard to distract the public from the real causes of the current global economic crisis. Corporate America is trying to pin the blame for our empty pocketbooks on President Barack Obama and the phantom socialist menace, and cable news pundits are taking the bait.

By Lindsay Beyerstein, Media Consortium Blogger

Yesterday, the powerful Senate Finance Committee met to debate two amendments that would have inserted a public option into the committee’s health reform bill. Both amendments were defeated as key Democrats sided with Republicans and the insurance companies. David Corn of Mother Jones diagnoses what ails Senate Democrats. It’s split personality disorder: “They are the best friends of the health insurance industry. They are fiercest foes of the health insurance industry.”

The economic free-fall is finally slowing down, although nobody expects the recovery to be very pleasant. Job losses and foreclosures are expected to increase well into next year. But even if our economic system gets back to normal, it’s important to remember that gross inequalities are embedded in the global order. At home, minorities face significant barriers to economic security, while abroad, children in poor countries are denied access to basic nutrition. This is especially disheartening in the wake of the G-20 meeting in Pittsburgh, which demonstrated that the world’s economic leaders are more focused on bailing out banks than eradicating global poverty.

The public option remains in limbo. The Senate Finance Committee is fine-tuning the bill it unveiled last week, which does not include a public option. However, Brian Beutler of TPM reports that Democrats have already submitted three separate amendments that might add a public option.

By Zach Carter, Media Consortium Blogger

Eight months after President Obama was sworn into office, the foreclosure epidemic is even more dire and no laws have been passed to rein in Wall Street. While Obama has helped cushion the nation’s economic fall with a stimulus plan and other proactive measures, much more aggressive action is needed to protect workers and homeowners from reckless financiers.

While the Senate Finance Committee tinkers with the Baucus Bill, First Lady Michelle Obama is taking center stage in the health care reform debate. Obama's director of communications announced last week that the FLOTUS would be focusing on the health care needs of women and children. Mindful of the conservative backlash against Hillary Clinton's crusade for health care reform, Mrs. Obama is expected to steer clear of policy issues, according to Salon's Judy Berman.

Opponents of health care reform are trying to pit the insured against everyone else. Conservative Republicans like Rep. Mike Pence warn that if we get a public option, millions of Americans will lose their private coverage because so many employers will stop offering private insurance. What Pence doesn't say is that right now, employers can stop providing insurance at any time and their workers will have nothing to fall back on. As costs rise, fewer and fewer employers are providing any health insurance at all. Most insured people have no idea how fragile their coverage is under the status quo.

Last night, President Obama laid out his vision for health care reform before a special joint session of Congress. The pillars of his plan are: i) Curbing the worst abuses of private insurance, ii) Requiring everyone to have insurance, iii) Insurance exchanges, which are basically government websites where customers can order insurance off a “menu” of plans, the idea being that if tens of millions of people order the #2 Combo, everyone’s lunch will be cheaper.