Tag Archives: News

Conflicts of Interest: The CIA and the Washington Post

Hello, again Insights.

The corporate media leaves out important issues and events. One that went through quietly was a $600 million contract between the CIA and the Washington Post in 2013. Keep in mind this: Jeff Bezos, founder of Amazon who purchased the Washington Post for $250 million. The contract that Amazon will work on is on web services and cloud computing.

When someone or an agency such as the CIA gives an organization millions of dollars, they are expecting something in return. No doubt.  The CIA wants cloud computing among other things. This claim is proved through the “reporting” that the Washington Post has done in recent months. For example, the Russia election hacking story was broken by the Washington Post naming the secret CIA assessment but doesn’t give any substantial evidence. What makes matters even worse is that the Post has refused to disclose their ties to the CIA while reporting.  There is a petition that has gone around since late 2016 that would force the Washington Post to disclose its CIA ties while reporting on them. That’s the minimum what should happen. There shouldn’t be a contract between the media and government in the first place. The Mainstream Media won’t talk about this because it would hurt their bottom line. Another point that I would like to make is that the Washington Post’s new slogan is “Democracy Dies in Darkness” and they are engaged in this dilemma.

Stories like the Amazon-Washington Post/CIA  are the real outrage. It isn’t a Trump tweet or Russia election hacking or any other sensationalist stories that the corporate media pushes. As I have stated, there isn’t any evidence of Russia election interference. Yes, this happened four years ago, but a $600 million contract is worth much more than four years in this case. This is the same corruption that floods our politicians. There is no difference. I say this in every post, and I will hammer this until the cows come home, Independent media is the only way to get the real news. Wherever you are, read more and support independent media!

 

What the Mainstream Media Won’t Tell You(and Why) Part 4: The Corporate Media in Conflict with Government

It’s been a long time since I have made a segment on this, and there have been a lot of news in the political universe. The major one was the election of Donald Trump as President of the United States. The mainstream media has been at fault for its coverage. What isn’t the mainstream media telling you, though?

The Mainstream Media as we all know are corporate owned conglomerates, and there are only six major media companies in the U.S. These are Viacom, Time Warner, CBS, Newscorp, Comcast, and Disney. The Telecommunications Act of 1996, which deregulated the industry and allowed for mass mergers to occur easier, creating the current media system.

In an ideal world, the media would be the watchdog of the government and those in power. However, we know that the media is corporate-owned, and thus represent corporate interests.

During the Primary, then-DNC chair Debbie Wasserman Schultz was unhappy with the coverage Hillary Clinton, the choice for the DNC and the Democratic Establishment on several channels, Particularly Morning Joe on MSNBC. She contacted MSNBC President Phil Griffin as Emails shown from the DNC leaks this summer.

A similar story between power and the media has been brewing. Jared Kushner, Donald Trump’s son-in-law, and top adviser held a meeting with executive VP of Time Warner  Gary Ginsberg where he critiqued CNN’s coverage of Trump.

Disclaimer: Time Warner owns CNN, so Kushner was doing what Wasserman Schultz was doing when she contacted Phil Griffin about alleged negative coverage.

These are just two prime examples of media and government interfering with each other.  In these examples, power is telling the media what to do so they are placed in a favorable light. This is a direct conflict with freedom of the press. Freedom of the press is in the First Amendment to the United States Constitution. However, the United States runs as an oligarchy as a Princeton study found out. The study collected over 20 years of data and found virtually no correlation between public opinion and policy. However, the top 10% saw some significant correlation. The Mainstream Media is, as we have said, six companies and represents the corporate interests. The “Big 3” of Cable News, CNN(owned by Time Warner), Fox News(owned by Newscorp) and MSNBC(owned by GE) are all owned by a major media company, and thus the talking points of the establishment are conveyed. The other large networks such as ABC, CBS, and NBC are all part of the “Big 6” of the Media.

Here are some examples of topics covered to stray away from the main issues.

  • Propaganda based on little or no evidence:  An example is Russia. Russia is accused of interfering with the election to help Donald Trump win. The CIA came out and said it was true, and as a result, the media and many figures in government are running with the story. The issue is that there hasn’t been sufficient evidence to prove the claim of the CIA. In conjunction with the CIA, the FBI are in agreement that Russia rigged the election to favor Trump. The Washington Post first reported about the Secret CIA Assessment back in December. While reading through the articles, there was no substantial evidence given. U.S. intelligence has repeatedly stated that Russia had a role in undermining the election, but they need evidence to back it up. To be fair, some of the Russia talks is justified such as calling for an investigation into Trump’s ties to Russia. That is better that saying something is true without backing it up. That is similar to McCarthyism, which is making accusations or assertions without evidence to back it up. The term coincidentally rose during the Second Red Scare of the Soviet Union.
  • Tweets by Trump: Some tweets by Trump or other figures can be newsworthy, but they are a constant focus, and it seems like a daily affair, if not a few times per week across almost all of the Mainstream Networks.
  •  Debates over wedge topics and/or settled topics: Topics such as abortion, same-sex marriage, or climate science: These topics are non-issues or settled.
  • Identity politics: The two-party system has led to two different sides: Democrat and Republican. The topic of political polarization is one of the most common themes heard from mass media networks, particularly on cable news networks. Votes in Congress such as those on cabinet selections which are largely along party lines are overmagnified.

Independent media is more important than ever. Polls consistently show distrust in mass media, and we can see why. Viewership of television news is down, largely due to the mistrust by the people. Please tune out the mainstream networks and support independent media that is publicly financed, unlike corporate networks. By nature, whoever is funding a project, a politician, or an organization will represent who donates to them.

Could We Be Heading for another Economic Crash?(Part 1)

9 August 2016(updated)

Hello, again Insights.

From 2007-2009, there was the financial collapse of the global economy. It was called the Great Recession. Although it has taken many years, it appears that we are out of the recession even though the Global Economy still isn’t great. Some concerns have arisen that another, an even greater economic crash could hit. Could it happen? Let’s break it down.

The economies of nations are tied together even tighter due to the rise of globalization, which is the interaction of governments and companies of different nations. The “Information Age” started in the 1970s and over time, information technologies have allowed greater communication of different economies. The world’s nations are now like dominos. If one falls, a chain reaction will start.

Part 2: How did we get to this?

The financial sector faced minimal regulation.  For example, the United States Congress in 1999 passed the Gramm-Leach-Bliley Act, which deregulated  Wall St. and put commercial and investment banking back together. Glass-Steagall, a financial regulation bill in response to the Great Depression, was partially repealed. With this, banks can make riskier bets with depositor money. The firewall set by Glass-Steagall made sure banks could only make safe investments with depositor money. Bankers could now make higher-risk investments. A reduction in capital gains taxes was another factor into higher-risk investments. Lower taxes on upper income leads to higher speculation.

Part 3: The Aftermath

After the crash, austerity measures were passed in mainly European countries. Austerity is an economic process whose goal is to reduce budget deficits and thus cut debt. In a time of economic downturn, a government may pass stimulus measures to kickstart the economy again but results in higher budget deficits. The United Stats registered a budget deficit of over $1 trillion by the end of George W. Bush’s term and continued under Obama’s first term.

Part 4: What has happened since?

You may not hear this from mainstream outlets, but there hasn’t been much reform since. In 2010, the Dodd-Frank Wall St. Regulation Bill was passed and signed into law. It has been called the strongest Wall St. reform bill since the Great Depression. Don’t be fooled by the rhetoric, though. For starters, Glass-Steagall doesn’t return. To be fair, there was a section in the bill that was similar to Glass-Steagall, but not strong enough. It prohibited banks from making speculative investments where there could be a risk for depositors. Unfortunately, lobbyists were able to make amendments to it which weakened the Volcker rule.

Money in politics is the recurring theme. Chris Dodd and Barney Frank, the bill’s namesakes, have taken Wall St. money. Frank even bragged about taking the money and claimed that the Democrats have to “play ball” as well with Wall St. The bill was ineffective because of the money influencing the politicians.

Part 5: The Verdict.

Here at Global Insight, we get down to the facts. Big banks are increasing in size, and they failed at the same things that they are doing now. But here’s the thing: They know that they can get bailed out by the taxpayers because they would make an even greater dent in the economy should they fail and not get bailed out. There’s effectively no regulation on the banks. Dodd-Frank just appeared to be a good Wall St. reform bill. Low tax rates lead to more speculation. Enacting an updated version Glass-Steagall will help prevent another economic collapse of America.

 

What the Mainstream Media Won’t Tell You(and Why) Part 1

 

The Mainstream Media isn’t telling you something. That is the failure to report on real issues. Let’s see why that is the case.

All the outlets, Fox News, CNN, MSNBC, and more focus almost entirely on the “horse race” which is the current Presidential election cycle. Since the cycle kicked off last summer, it’s who is winning or who is losing. They would much rather spend a whole week dissecting the outrageous new comment from Donald Trump than climate change or how to rebuild or economy. The MSM in this country cares about ratings rather than facts, which is why they’re doing what they’re doing. To be honest, they’re system isn’t helping ratings, which I’ll get back to later on. Let’s go back on why the Mainstream Media doesn’t report real news.

Why?

Why isn’t the media reporting on the real issues? It’s quite simple. Corporations own the major media outlets. Corporations have far different interests than those of ordinary Americans. Money in politics, which is over all other issues won’t have a serious discussion because they’re part of the corrupt system. Big money controls the news, controls Congress and other politicians outside of Washington as well.

I’m sure we’ve all heard the money in politics debate. Vermont Senator and 2016 Democratic Presidential candidate Bernie Sanders has mentioned the issue, as well as other progressive politicians. You’ll also hear about Citizens United referring to a 2010 U.S. Supreme Court case. If you have been following it, you’ll know the basic background. A conservative non-profit group, Citizens United produced a documentary in 2008 titled Hillary: The Movie. The McCain-Feingold Act of 2002 placed restrictions on communications electioneering. The Federal Elections Commission subsequently called it unlawful electioneering. Citizens United won the case.. The decision allowed for groups or people to contribute an unlimited amount of funds as long as they were independent of campaigns. The term “SuperPACs” became popular. Private financing of elections is allowed in the system that we have. Wealthy special interests get what they want by “buying” the politicians.

Don’t get me wrong there are plenty of issues not discussed enough. Climate change/environment, education, health care, economy and race relations just to name a few. There are also plenty of world events that aren’t reported or underreported. Many of us don’t know the corruption going on between the U.S. and other countries. The media will rarely talk about it, if at all. They’re part of the problem. Only parts of stories get reported to hide the corruption. That is the purpose of Global Insight to get down to the truth.