Forget About Fake News – Worry About Fake Money
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Post-election airwaves and publications today are filled with bad news, good news, and fake news.
The bad news is ‘fake news’ is very real. The good news is fake news is nothing new. The even better news for gold and silver stackers is they have learned to live with decades of fake news about sound money.
You already know all about fake news. It used to go by other names – lies, propaganda, false advertising, and brainwashing, to name a few. Now we can add polling results and agenda-driven predictions to that list.
Fake News Is a Cover Story
The term ‘fake news’ is a recent invention by mainstream liberal media to cover their asterisks after choking on pitifully biased presidential election coverage.
It’s an old political tactic – accuse everyone else of whatever you’re guilty of. Easier to disguise lousy journalism if everyone’s doing it.
The story spawning the term ‘fake news’ was a Washington Post analysis charging that Russia interfered with the presidential election, including using leaked emails to pound Hillary Clinton.
The Post accused a couple hundred news publishers of being treasonous liars. The pushback quickly piled up, some of it surprisingly harsh from mainstream media.
“I thought it was completely ridiculous that the Post would put this sorry piece of trash on the front page,” said the Washington editor of Harper’s magazine.
“Shameful and disgusting,” was the verdict by Rolling Stone’s star writer, Matt Taibbi. (That’s the same magazine found guilty of libel after sensationalizing a false story of gang rape at the University of Virginia).
Talented, respected Hollywood actor Denzel Washington, a Clinton supporter, was upset after an erroneous news item listed him in the Trump camp. He said, “If you don’t read the newspaper, you’re uninformed. If you do read it, you’re misinformed.”
Washington was actually paraphrasing 19th century author and political observer, Mark Twain. Fake news has been around a long, long time.
Update: The disgraced Washington Post now acknowledges its story about fake Russian news, filled with holes and inaccuracies was – fake news! There is, however, a more sinister threat behind fake news than just slandering actors and politicians.
Bogus hand wringing over fake news could be used to create a public clamor for ‘standardized news’ – acceptance of government-regulated news coverage – aimed strictly at criminalizing alternative media, and could lead to government licensing of journalists.
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