One indisputable example of news distorted or embargoed involved the Nazi links of King Edward VIII and his wife Wallis Simpson, who passed secrets to her Nazi lover, Joachim von Ribbentrop. Even before he became King, Edward was immune from press criticism, by agreement of the press barons:
"[Those in the know] were aware that, as Prince of Wales, he had spent as little time as he could on the tedious official duties of a constitutional monarchy, preferring a hedonistic lifestyle of travelling, partying, nightclubbing, yachting, swimming, hunting and playing golf.Today's lustful princes of industry, enticed by wanton promises, move about British Columbia fracking its citizens and landscape. Newspapers applaud this as a return to the good old days of naked capitalism and individualism when the minions knew respectful places. However, in early days of British Columbia, penniless pioneers arrived with ambition and dreams, built businesses, then empires, created wealth and arm-wrestled unions over rightful shares. They ended lives as philanthropists, returning assets to the very communities that enriched them, not adding to already deep pockets of right-wing foundations and their malevolent information infrastructure.
". . . Nonetheless, newspapers spoke generously of his 'versatility', his 'vitality' and his 'genuine interest in bettering the condition of his people'. They made no mention of his affairs with usually married women."
Wealth is now bound in paper not in tangible achievements. Accountants, traders, hedgers, economists, arbitrageurs, brokers, quants and others are more important than inventors and inventions. Ethics and morality are outdated concepts. Media pays deference to clients and sees no duty to tell truth, only duty to serve those patrons.
Of course, exceptions are found in the alternative press. From Gabriel Yiu, Straight.com: B.C. Liberals' contractual obligations hide magnitude of provincial debt
"I still remember that in the 1990s, the business community, the Fraser Institute, the taxpayers' federation, the media, and the pundits often raised a hue and cry about the increase in debt incurred by the NDP regime. And they spared no effort in slamming the government for it.Readers of Northern Insights will recall:
"They said such debts condemned our children and grandchildren to bearing the responsibility to pay for reckless spending.
"Today, we can see that compared to the B.C. Liberals, the NDP's increase to the public debt was merely child's play."
Alibi for ignorance: All I know is what I read in the newspapers (Feb 14)
About debt and interest, public interest (Feb 19)
. Recommend this post