Posts Tagged ‘truth’

Who Owns The Media? The 6 Monolithic Corporations That Control Almost Everything We Watch, Hear And Read

Who Owns The Media? The 6 Monolithic Corporations That Control Almost Everything We Watch, Hear And Read

Courtesy of Michael Snyder at Economic Collapse 

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.  These corporate behemoths control most of what we watch, hear and read every single day.  They own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite websites. Sadly, most Americans don’t even stop to think about who is feeding them the endless hours of news and entertainment that they constantly ingest.

Most Americans don’t really seem to care about who owns the media.  But they should. The truth is that each of us is deeply influenced by the messages that are constantly being pounded into our heads by the mainstream media.  The average American watches 153 hours of television a month. In fact, most Americans begin to feel physically uncomfortable if they go too long without watching or listening to something. Sadly, most Americans have become absolutely addicted to news and entertainment and the ownership of all that news and entertainment that we crave is being concentrated in fewer and fewer hands each year. 

The six corporations that collectively control U.S. media today are Time Warner, Walt Disney, Viacom, Rupert Murdoch’s News Corp., CBS Corporation and NBC Universal. Together, the "big six" absolutely dominate news and entertainment in the United States.  But even those areas of the media that the "big six" do not completely control are becoming increasingly concentrated. For example, Clear Channel now owns over 1000 radio stations across the United States. Companies like Google, Yahoo and Microsoft are increasingly dominating the Internet.

But it is the "big six" that are the biggest concerns.  When you control what Americans watch, hear and read you gain a great deal of control over what they think. They don’t call it "programming" for nothing. 

Back in 1983 it was bad enough that about 50 corporations dominated U.S. media.  But since that time, power over the media has rapidly become concentrated in the hands of fewer and fewer people….

In 1983, fifty corporations dominated most of every mass medium and the biggest media merger in history was a $340 million deal. … [I]n…
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The Art of Spinning: How to Identify Possible White Collar Criminals or at Least Unethical and Deceitful People Who You Should Avoid

Sam wrote this timeless piece a few years ago but searched it out specially for us. For non-criminal types, this article is pretty depressing, but if you feel entangled in one of these criminal-non-criminal, or unethical-ethical person, relationships, it behooves you to know how the game is played. If you are an aspiring white collar criminal, this essay can be used as a how-to manual. – Ilene 

The Art of Spinning: How to Identify Possible White Collar Criminals or at Least Unethical and Deceitful People Who You Should Avoid

sam antar Courtesy of Sam Antar 

White collar crime is a crime of persuasion and deceit. Since the white collar criminal uses persuasion and deceit to commit their crimes, it follows that such felons are artful liars.

People often ask me what characteristics I look for in other people that alert me to possible criminal activity or at least unethical and deceitful people.

Not all questionable conduct is illegal. A person can be unethical or deceitful (however they are defined) without committing any illegal acts as defined under the law.

However, most criminals use tools like spinning (see below) in the conduct of their crimes.

The Art of Spinning:

  • Sell people hope. My cousin ‘Crazy Eddie’ Antar taught me that “people live on hope” and their hopes and dreams must be fed through our spin and lies. In any situation, if possible, accentuate the positive.
  • Make excuses as long as you can. Try to have your excuses based on at least one truthful fact even if the fact is unrelated to your actions and argument.
  • When you cannot dispute the underlying facts, accept them as true but rationalize your actions. You are allowed to make mistakes as long as you have no wrongful intent. Being stupid is not a crime.
  • Always say in words you “take responsibility” but try to indirectly shift the blame on other people and factors. You need to portray yourself as a “stand up” guy or gal.
  • When you cannot defend your actions or arguments attack the messenger to detract attention from your questionable actions.
  • Always show your kindness by doing people favors. You will require the gratitude of such people to come to your aid and defend you.
  • Build up your stature, integrity, and credibility by publicizing the good deeds you have done in areas unrelated to the subject of scrutiny.
  • Build a


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Seeking the Truth — Or Obscuring It?

Here’s an excellent post by Barry Ritholtz on the Truth. I’m giving away the ending but read the whole thing. – Ilene 

Seeking the Truth — Or Obscuring It?

Word etched in stone

Excerpt:

When the entire edifice rests on falsehoods, mistruths, faulty assumptions, false premises, future  outcomes, as we have seen over the past few years, can be horrific. History teaches us that eventually, the Truth will reveal itself. When that happens, there can be terrible consequences: Economies collapse, wars occur, empires crumble, millions die.

Whenever I read a major policy piece, newspaper article, or OpEd, I ask the following question: Is this person a truth seeker, or a truth obscurer? When you see nasty posts that dissect/shred/fisk these, it is because I was not happy with the answer to that question.

Are you a truth seeker, or a truth obscurer? 


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Lies Divide, Truth Unites

Here’s an excellent commentary by Dylan Ratigan, please share this one--because one thing we own the government can’t take away is truth. – Ilene 

Guest Post: Lies Divide, Truth Unites

By Dylan Ratigan, writing at Zero Hedge 

The good news in America today is that many of lies from our leaders and media no longer seem to be working.  Four out of five people view the current proposed financial reform as ineffectual.  Many in Congress who voted for socialism for the rich now look like they will be voted out for continuing those giveaways. 

Now the only way those Banksters can survive is to pretend that their corporate communism is working even in the face of overwhelming evidence to the contrary.  Most recently, they decided that instead of taxing complicit financial institutions the cost of their "Financial Reform-In-Name-Only", they will instead use what I call the Big Tarp Lie to pander for the vote of Senator Scott Brown and others.

The mainstream media rarely fights back against this lie, either by an inability to understand, a desire to protect their access to these same Politicians and Bankers or an unwillingness to go up against the very same financial institutions that are often the only thing between them and the unemployment line.

However, we the people have to fight back against these lies – and thankfully we own the truth.

This lie must be beaten back by all of us like whack-a-mole every time it rears its ugly head.  Please help me by sending this information to any Politician, Media Figure, Banker, Neighbor or Robot that you find repeating it – they can take our money, but they don’t own the truth.  

Let’s break it down:

1.  TARP itself hasn’t even made money.  AIG alone still owes us $75.6 billion.  However, they always add the caveat "Other than AIG…" when they say that the bailouts were "profitable".  But the AIG money was DIRECTLY PAID to many of these same banks that "paid back their TARP" at an outrageous 100 cents on the dollar!  Mind you, this was done by government officials that were the former employees and current shareholders of the very banks they were helping.  Let’s make the banks like Goldman Sachs, Bank of America and Societe Generale pay back the $105 billion of stolen taxpayer money before we let anyone say "TARP was paid…
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THE TRUTH ABOUT AREA 51?

This is fascinating, a must-read for anyone who’s spotted UFOs while not on drugs and still wondering what in the world might be going on. – Ilene 

THE TRUTH ABOUT AREA 51?

Courtesy of Richard Metzger at Dangerous Minds 

imageBecause of my former career at The Disinformation Company, Ltd., I am often asked—I was asked this yesterday, in fact—if I have ever investigated a conspiracy theory that I was skeptical of and then become a convert? Nope. Not once. And for the record, I am not a conspiracy theorist. I just played one on TV.

First of all, you have to parse the term. There are criminal conspiracies—events that can be proven in a court of law or that are a matter of historical record; and then there is the Montauk Project/David Icke side of things. Iran-Contra, the CIA shenanigans we’ve all heard about, Watergate, etc., these were real events. When you get into the territory of aliens, the 9-11 nonsense, and the “reptilian beings” like the Queen, the Royal Family and the Bushes, I just pretty much tune it out. Been there, done that. I went down that rabbit hole when I was a teenager and came back out again on the other side.

Conspiracy theorists tend to be people who have been a bit cut off, from, let’s just say, the power centers of the world. If you’ve never been to Washington, DC or Manhattan or been in a Beverly Hills country club, or know how the news gets produced, then the way the world runs must seem very mysterious. Like someone is in control. But that’s not true.

People who are in positions of power—industrial, political, financial, media power—went to high school like the rest of us did. The class president type who went on to become a congressman did so because he could. He got into that position of power because… people voted for him and not for the other guy. And don’t be surprised if rich guy A makes a…
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Self-jiving Nation

Here’s another extraordinary mix of poetry and despair by James Kunstler. – Ilene

Self-jiving Nation

Courtesy of James Howard Kunstler

     The scene in the White House these days must be a sort of Opera Bouffe, in which an earnest and rather grave young man moves from one roomful of lesser officials to another in which all agree to pretend that they have prevented the nation from falling into something they call "the abyss."  At the end of Act I, a young deputy FDIC commissioner in the Little Mary Sunshine mold gets down on one knee, belts out a show-stopper about the glories of a bright and shining "tomorrow," and the audience goes out for intermission to discover that the city has been burning down around the theater all night.

     Out in America-the-Real, Halloween time in this year of 2009 has an interesting "Day of the Locust" flavor. There’s more than a whiff of smoke in the air, along with an odor of dead carp wafting out of all the the offices and institutions we depend on to define reality. Like the Hollywood of Nathaniel West’s dark 1939 novel, America today seems poised in the gate of some harsh judgment. When the historians look back at this era – especially at the time between January 20th and the holiday season of 2009 – won’t they marvel at how well-understood our predicament actually was, by so many parties to it, and the gulf between that comprehension and the story we told ourselves:  that we were "recovering."

     Like a lot of other observer-interlocutors, I’d like to know what folks imagine we are recovering to.  To a renewed orgy of credit-card spending?  To yet another round of suburban expansion, with the boys in the yellow hard-hats driving stakes out in the sagebrush for another new thousand-unit pop-up "community?" For a next generation of super-cars built to look like medieval war wagons?  That’s the "hope" that our officials seem to pretend to offer. It’s completely inconsistent with any reality-based trend-lines, by the way.

     Perhaps it’s time to redefine "hope" in the greater social sense of the word.  To me, hope is not synonymous with "wishes fulfilled."  In fact, hope should not be about wishing at all.  Hope should be based on confidence that the individual or


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Zero Hedge

Futures Jump, Gold Soars As Dollar Destruction Accelerates

Courtesy of ZeroHedge View original post here.

Everyone is piling into everything.

That's probably the best way to describe the market frenzy this week which has seen an all time high in the Nasdaq and gold, an all time low 10Y yields, and an S&P that is just shy of its all time highs.

Sure enough, on Wednesday, gold jumped to a new record high pushing further past $2,000...

... as the dollar tumbled on U.S. Treasury yields falling to fresh all time lows, and expectations of mo...



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Phil's Favorites

Dawg on the Wall

 

Dawg on the Wall

Courtesy of Scott Galloway at No Mercy/No Malice@profgalloway 

(originally pu...



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ValueWalk

2020: The Total Collapse Of American Society

By G.R. Oyper. Originally published at ValueWalk.

To lend some context to what I am about to say in this piece, I would like to begin with a brief discussion of the world, specifically America, as we know it currently in August of 2020. We have been ‘flattening the curve’ of Coronavirus (COVID-19) through the 15 Days to Slow the Spread initiative for exactly 140 days as of today, and it will be 141 days tomorrow.

Deaths where I live were statistically insignificant for the last several weeks, and across the U.S. broadly, deaths are down dramatically and hospitals are no longer at risk of being overwhelmed. They haven’t been at risk for some time now.

To put this even more pla...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Sunday, 29 March 2020, 07:00:37 PM

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Comment: Silver Shorts Are In a Bind | Ted Butler youtu.be/qQc0AoJp-Q8



Date Found: Monday, 30 March 2020, 05:21:45 PM

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Comment: 5 Questions From You for Luke Gromen youtu.be/nVZD_fuxbQE


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The Technical Traders

THE MARKETS POST COVID AND DEBT MONETIZATION

Courtesy of Technical Traders

Chris joins Boom Bust host Sara Montes de Oca and Michael Pento of Pento Portfolio Strategies to talk FAANG, corporate earnings, the Feds, the growing US debt, and pandemic trading.  How will the markets react given permanent changes in how people work and live their lives? What will happen given the Feds strategy of debt monetization?

Learn more about our latest research and alerts on Gold, Silver, Oil, and Equities at www.TheTechnicalTraders.com.

...

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Biotech/COVID-19

There aren't enough batteries to electrify all cars - focus on trucks and buses instead

 

There aren't enough batteries to electrify all cars — focus on trucks and buses instead

Garbage trucks, buses and the van that delivers your Amazon purchases are all prime candidates for electrification. (Shutterstock)

Courtesy of Cameron Roberts, Carleton University

We need to change our transportation system, and we need to do it quickly.

Road transportation is a major consumer of fossil fuels, contributing 16 per cent of all human-caused greenhouse gas emissions, which warm up the Earth’s atmosphere and cause changes to the climate. It also ...



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Kimble Charting Solutions

Here's How To Buy The Top Stocks In The Hottest Sectors During The Covid Crisis

Courtesy of Chris Kimble

Tech has been the place to be during the Covid-19 crisis. Investors Business Daily recently highlighted how one can own the strongest of the strong by just owning one ETF (See article here).

This chart looks at the Dorsey Wright Focus Five index ETF (FV), which reflects that it is attempting a bullish breakout while creating higher lows over the past 6-years.

The $2.1 billion fund tracks the Dorsey Wright Focus Five Index, which provides access to five First Trust sector and industry ETFs. Dorsey Wright & Associates selects the funds based on relative price momentum, then weights the compone...



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Digital Currencies

Twitter Says "Human Error" And "Spear-Phishing Attack" Responsible For Massive Bitcoin Hack

Courtesy of ZeroHedge

Twitter suffered from a major hack about two weeks ago and has now said that its staff was tricked by "spear-phishing", which is a targeted attack to trick people into simply handing out their passwords. 

Twitter staff were targeted through their phones, according to a new report from the BBC. The attacks then allowed hackers the ability to Tweet from celebrity Twitter accounts. Twitter has said it was "taking a hard look" at how it could improve its permissions and processes.

"The attack on July 15, 2020, targeted a small number of employees through a phone spear phishing attack. This attack relied on ...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Members' Corner

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

 

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

No matter the details of the plot, conspiracy theories follow common patterns of thought. Ranta Images/iStock/Getty Images Plus

Courtesy of John Cook, George Mason University; Sander van der Linden, University of Cambridge; Stephan Lewandowsky...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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