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Talon

The Mainstream Media is Asking for a Government Bailout Via Censorship

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 Talon    716

The current controversy is different. Many people in Washington are irate over Wikileaks — not because the email were untrue but because they proved what many had long suspected . . . that Washington is a highly corrupt place full of truly despicable people. For people who make their living on controlling media and information, it was akin to the barbarians breaching the walls of Rome. So the answer is to call for government regulation to combat what will be declared “fake” news or propaganda. It is only the latest effort to convince people to surrender their rights and actually embrace censorship. 

This perfectly describes what is going on at the most macro level, and reminded me exactly of what Wall Street did in the aftermath of its destruction of the U.S. economy during the financial crisis. Faced with a potential loss of their fortunes, jobs and reputations, Wall Street invented a meme that the industry needed to be bailed out without consequences in order to “save Main Street.” This was one of the most brazen, yet successful examples of propaganda I have witnessed in my entire life.

Wall Street got exactly what it wanted and then some. It proceeded to pay out record bonuses the very next year (2010) and not a single executive was held accountable or went to jail. Free market capitalism was completely suspended in order to save some of the wealthiest and most privileged people in America. They used the levers of the state to save themselves and preserve this key segment of status quo power.

Fast forward eight years, and we witness yet another spectacular status quo failure. Due to its clownish and completely inaccurate coverage of the 2016 election, the mainstream media and the pundit class generally completely torched its reputation. As a result, alternative, independent media is eating their lunch. Rather than accept the consequences of this historic failure, legacy media has decided to take a page from the Wall Street playbook. They are asking for a government bailout. However, this bailout is far more dangerous than the one which preceded it.

While the Wall Street bailout consisted of showering financial criminals with infinite sums of money until they were once again masters of the universe, the media is asking for a bailout via censorship. Yes, that’s right. Hillary Clinton and other status quo fake news peddlers are actively asking for Congressional action in order to silence their competition.  This isn’t just about protecting the status quo narrative for the sake of maintaining a transparently false manufactured reality. It’s equally about preserving the status, wealth, reputation and careers of individuals whose failures should have landed them on the street, unemployed for their almost incomprehensible and well documented incompetence. Just like we continue to suffer from incompetent criminal elites on Wall Street, the media now wants to build a similar government-sponsored wall around itself. Such an outcome would be an unmitigated disaster for this nation.

Instead, what we actually need in this country (and what I expect to happen) was perfectly articulated in a recent article by Nathan J. Robinson in his must read article in Current Affairs titled, The Necessity of Credibility. He writes:

Yet it is telling that after the election, the people who were most wrong during the campaign are still producing voluminous commentary. No outlet that wanted to regain trust and build audiences would be keeping such people on its staff. But “pundit tenure” is powerful. Thus is also likely that the quest for credible media will necessitate the creation of new media. CNN and The Washington Post have never shown a particularly encouraging capacity for introspection and self-improvement, and it’s unlikely that they’re contemplating major internal overhauls in their mission and accountability practices. Their institutional imperatives consist, after all, largely of seeking views and clicks. For them, the 2016 election was a success rather than a failure. A lot of people, after all, tuned in. Why should they do things any differently? Thus it would be useful to have fresh, truly independent outlets, ones that disclose their biases, are transparent in their methods, and are constantly trying to improve themselves rather than simply pursuing the same useless sensationalism and empty horse-race punditry. 

The last thing this country needs is another bailout of establishment crooks.

http://www.washingtonsblog.com/2016/12/63996.html

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 Talon    716

You can really see how coordinated the effort is for political leaders and their lapdog mainstream media to call for the shutting down of free speech under the label "fake news," which is really just another way of them saying, "Things that go against our agenda" or "The only fake news you get to watch or read is *our* fake news!" *whine*

The most sadly hilarious part, even more ridiculous than Obama essentially calling for a ministry of "truthiness," was when Brian Williams actually sat in front of a camera and referred to himself as "the real news".

America is clearly inching one step closer to George Orwell's 1984... Where do you think they'll build the Ministry of Truth?

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doesn't matter   
doesn't matter

fake news and propaganda are only permissible if it is by their hand. Radio free europe (or was it America?) was used during WW2 as a means of bs cultivation. Times may have changed but MO's don't

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 thoth    249

Roflmao

look at the media income and it jumps right out at ya 

they are loosing there ass because of competition 

i love it 

There dollar is flowing down the drain 

I say boycotting them would serve the well

amf liars don't let the door hit you in the ass on your way out 

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