Opinion (from The Economic Collapse Blog): “Back in 1983, approximately 50 corporations controlled the vast majority of all news media in the United States. Today, ownership of the news media has been concentrated in the hands of just six incredibly powerful media corporations.
“That is one reason why we have seen the alternative media experience such rapid growth over the past few years. The mainstream media has been losing credibility at a staggering rate, and Americans are starting to look elsewhere for the truth about what is really going on.
“Do you think that anyone in the mainstream news would actually tell you that the Federal Reserve is bad for America or that we are facing a horrific derivatives bubble that could destroy the entire world financial system? Do you think that anyone in the mainstream media would actually tell you the truth about the deindustrialization of America or the truth about the voracious greed of Goldman Sachs?
“Sure, there are a few courageous reporters in the mainstream media that manage to slip a few stories past their corporate bosses from time to time, but in general there is a very clear understanding that there are simply certain things that you just do not say in the mainstream news.”
My Comment: Society must vote with its feet, otherwise brainwashing will not stop. But the media, too, will bury itself egoistically, as all the other egoistic businesses. This is the law of the development of egoism. The general crisis will destroy them.