{"id":347459,"date":"2023-04-03T01:00:30","date_gmt":"2023-04-03T05:00:30","guid":{"rendered":"https:\/\/www.sgtreport.com\/?p=347459"},"modified":"2023-04-02T03:40:05","modified_gmt":"2023-04-02T07:40:05","slug":"how-americas-news-media-hide-the-extent-of-americas-corruptness","status":"publish","type":"post","link":"https:\/\/www.sgtreport.com\/2023\/04\/how-americas-news-media-hide-the-extent-of-americas-corruptness\/","title":{"rendered":"How America\u2019s News-Media Hide the Extent of America\u2019s Corruptness"},"content":{"rendered":"

by Eric Zuesse, The Duran<\/a>:<\/em><\/p>\n

\"\" This article will show how America\u2019s \u2018news\u2019-media carried-out a virtually total corruption \u2014 100% censorship against reporting the basic truth \u2014 in order to protect the banksters who had masterminded and made billions from the corruptness that had actually produced the 2008 economic crash. If that corruptness had become generally known to the American people, then there would have been a political revolution instead of the cover-ups that followed it: those cover-ups by the press were essential in order for this \u2018democracy\u2019 to continue virtually unchanged, as it has done.<\/p>\n

TRUTH LIVES on at\u00a0https:\/\/sgtreport.tv\/<\/a><\/p>\n

Postponing till the indefinite future the 2nd American revolution (this one to overthrow America\u2019s aristocracy and replace it by a democracy, instead of to overthrow Britain\u2019s aristocracy and replace it by a democracy, as in the first time around) has merely built even higher the harms that America\u2019s aristocracy has done, and is doing, not only to the American people, but worldwide \u2014 including their\u00a0taking over Ukraine in 2014<\/span><\/a>\u00a0and subsequent blowing-up of the two Nord Stream pipelines that had been supplying and were about to supply to Europe the inexpensive energy that was so crucial to making Europe the world\u2019s showplace for beauty and for economic prosperity.<\/p>\n

In the wake of the 2008 crash, America\u2019s\u00a0TIME<\/i>\u00a0magazine \u2014 which is the New York print side of Atlanta\u2019s CNN Cable News Network \u2014 featured on its front cover for 13 February 2012, the face of the federal prosecutor for Wall Street crimes, Preet Bharara, and the headline extending over it, which read\u00a0\u201cTHIS MAN IS BUSTING WALL ST.\u201d<\/span><\/a>. That feature-story inside the magazine was headlined\u00a0\u201cThe Street Fighter: U.S. Attorney Preet Bharara has already taken down some of the financial world\u2019s most prominent figures. He\u2019s just getting started\u201d<\/span><\/a>. It included sub-heads such as \u201cHe\u2019s won 56 convictions \u2014 seven cases are pending \u2014 and he\u2019s had no losses.\u201d But was that because Bharara had selected to prosecute the easy cases and not the ones against the bigwigs whose good graces would be necessary in order for him to be able to \u2018earn\u2019 big bucks in the future? The question wasn\u2019t even raised in their article. Another was \u201cHe loves Bruce Springsteen and classic rock and has friends on all sides of the political spectrum.\u201d But wouldn\u2019t a good public prosecutor be far likelier to have few or no \u201cfriends on all sides of the political spectrum,\u201d especially in a corrupt country, such as the U.S. so clearly is? That question, too, was simply ignored, and this fact displayed that\u00a0TIME<\/i>\u00a0magazine was assuming its readers to be too stupid even to think of it. (I had noticed it then \u2014 and noticed that Bharara was prosecuting only small-fry, no banksters at all \u2014 but that the press at that time was adulatory about him, like this article in\u00a0TIME<\/i>.) Another subhead was \u201cInsider trading turns Wall Street into a rigged game.\u201d But had the financial crash resulted ONLY from insider trading? Was that what had actually \u2014 in and of itself \u2014\u00a0produced<\/i>\u00a0the crash? Yet again,\u00a0TIME<\/i>\u00a0magazine simply assumed that its readers were too stupid to raise such questions. At the very top of the article\u2019s opening two pages were six photos of Bharara\u2019s most prominent charged alleged perpetrators: Raji Rajaratnam of Galleon Group, Danielle Chiesi of New Castle Funds, James Fleischman of Primary Global Research, Walter Shimoon of Flextronics, Rajat Gupta of McKinsey & Co., and Anthony Chiasson of Level Global. All of them were charged with insider trading, and were small-fry, nothing like the banksters who had scooped up billions of dollars in profits from the enormous and systematic economic frauds that had produced the 2008 crash.<\/p>\n

On the same date as that \u2018news\u2019-story, 13 February 2012, the\u00a0New Yorker<\/i>\u00a0magazine featured an article,\u00a0\u201cWhat Will Be Preet Bharara\u2019s Legacy?\u201d<\/span><\/a>, which likewise refused to call a spade a spade, but instead ignored its own title-question \u2014 and\u00a0likewise<\/i>\u00a0ignored that Bharara had prosecuted no banksters. That was just as much of an insult to the\u00a0New Yorker\u2019<\/i>s readers as\u00a0TIME\u2019<\/i>s was of their readers. People subscribe to such \u2018news\u2019-media? Sadly, they do. (That\u2019s why we get the types of Presidents and Congress-persons that we do: lousy news-reporting.)<\/p>\n

The first publication that called attention to Bharara\u2019s scandalously bad performance \u2014 which ought to have been\u00a0widely<\/i>\u00a0reported even in 2012, because Bharara had let all of the banksters off scot-free, and not even touched any of them \u2014 was in September 2015, when the very fine financial reporter William D. Cohan headlined in\u00a0The Atlantic<\/i>\u00a0magazine\u00a0\u201cHow Wall Street\u2019s Bankers Stayed Out of Jail: The probes into bank fraud leading up to the financial industry\u2019s crash have been quietly closed. Is this justice?\u201d<\/span><\/a>\u00a0And he made clear that the answer was no. However, even Cohan\u2019s article ignored the other mega-scandal about this entire matter: the cover-up of that reality on the part of America\u2019s press till that time. Seven years now after the melt-down that had been brought on by systematic looting \u2014 mainly against poor and poorly educated Blacks who had signed lengthy mortgage contracts that they hadn\u2019t read (and that was then followed by the looting against the investors who purchased, from the banksters, bundles of those shaky mortgage loans, which then crashed) \u2014 looting of those investors, by and for the benefit of the billionaire banksters who were into \u201ctake the money and run\u201d \u2014 and, yet, still, no one was calling-out the press for its ongoing coverup of its own prior coverup of (and on behalf of) the crimes by and for those banksters. Now that laws and law-enforcement in the United States had failed, then, for four years (2008-2012), what was especially important was to call-out the nation\u2019s systematically coverup-press, but this is something that it has never, ever, done. Anyone who thinks that in America, competing news-media will expose, instead of hide, the deceptions and frauds that are perpetrated by their \u2018competitors\u2019, doesn\u2019t understand the way that America\u2019s economy actually functions. It cannot be a free press if it is a virtually uniformly predatory press that exploits the prejudices of Democrats against Republicans, and of Republicans against Democrats, but that hides the crimes of the billionaires, who control the entire Government,\u00a0including<\/i>\u00a0its complicit \u2018free\u2019 press.<\/p>\n

Read More @ TheDuran.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by Eric Zuesse, The Duran: This article will show how America\u2019s \u2018news\u2019-media carried-out a virtually total corruption \u2014 100% censorship against reporting the basic truth \u2014 in order to protect the banksters who had masterminded and made billions from the corruptness that had actually produced the 2008 economic crash. If that corruptness had become generally […]<\/p>\n","protected":false},"author":6,"featured_media":299098,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[151862],"_links":{"self":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts\/347459"}],"collection":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/comments?post=347459"}],"version-history":[{"count":0,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts\/347459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/media\/299098"}],"wp:attachment":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/media?parent=347459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/categories?post=347459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/tags?post=347459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}