Like any Ponzi scheme, this global growth frenzy is based on maintaining the illusion for as long as possible. Once it becomes clear that this rate of growth is truly unsustainable, the whole house of cards will come tumbling down. We saw in the 2008 financial meltdown a relatively tame dress rehearsal for what a full-scale financial collapse would look like.” –Jeremy Lent Continue reading
Corporate control over news media is a symptom of the end times (or something that is as bad as that sounds).
Independent media: Our democracy depends on it, Independent Australia. Cathy McQueen “………It is hard to open a newspaper of the mainstream media (MSM) or indeed watch a television “report” today without seeing content littered with the journalistic opinion of the person writing or reporting it — even if it purports to be “straight” news.
I hate to think of what Keating would think of the Australian MSM now. We have a good 70 per cent of it — the Murdoch press — that only publishes far-right propaganda most of the time and blatant lies the rest of the time.
The Honourable Paul Keating – The Privacy Imperative in the Information Age Free for All
The remainder of the MSM does its best to do their jobs – I am talking Fairfax and The Guardianand the ABC – but even they are not immune from serving the far-right agenda of…
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