Who owns the news channels that you read, watch and listen too?
Most of them are owned by very wealthy people. You need to be very wealthy to buy a newspaper or a radio station or TV station. And social media channels like Facebook, Instagram and X are owned by some of the world’s most wealthy people.
Do you think that the very wealthy owners of these various channels bought them because they wanted to play at journalism? Or do you think they bought them to help them grow their wealth?
I only ask, because the wealthiest 10% of Americans have hoarded 68% of the country’s wealth, while the poorest 50% share just 2.5%. That looks like the wealthy are focused on grabbing as much as they can.
You probably think the only fake news is told by the other side. Your channels, the ones that tell you what you think you want to hear only ever tell the truth. Yet, it doesn’t matter whether the channel is conservative or liberal, it quietly convinces you to accept government actions that continuously hand more and more wealth to the wealthy, even as you and your neighbors struggle just to make it from pay check to pay check.
If a country had more food than it needed and then their government borrowed more food from other countries, taxing the people to pay the interest on the borrowed food, wouldn’t you expect independent media to report on the absurdity of it? Why should a country borrow food that they don’t need? It makes no sense. And taxing all the people to pay for it should be a big story, obviously.
The wealthiest 10% of Americans could pay off the entire US national debt with just a third of their wealth. The US government has borrowed some $38.78 trillion which the country never needed. They could clear the entire debt and still have two thirds of their wealth left.
But I guarantee, your favorite news source, whether conservative or liberal, will explain to you how it’s simply an absurd suggestion that the wealthy could pay off the debt. They’ll tell you that it just isn’t as simple as it seems. Yes, they may have three times more wealth than the debt, but for this or that reason, they can’t pay it off. Unfortunately, because of the way the world works, the only possible solution is for poor people like you to continue paying for the interest on huge wealth that has been hoarded by just a few very wealthy people.
They’ll insist that the claim that the wealthy could clear the debt is clearly “fake news”. And if we were wealthy, we’d probably insist it was fake news too.
So, is fake news simply the news that people you disagree with read, hear and watch?
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