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Saturday, January 6, 2018

The End Of News

In the last month, the following has happened:

1.  A new tax law was passed by Congress and signed by the President.  This will provide a major boost to the American economy.  That boost is already starting as more than a million workers got big bonuses tied to the tax law and many others got raises of the same sort.  Tens of billions of dollars of new investments have also been commenced.

2.  It's possible the Kim Jung Un and the North Korean crazies have blinked.  The NK's proposed talking to the South Koreans, something that hasn't happened in a great many years.  In response, the US and South Korea have decided to postpone military exercises set to coincide with the Winter Olympics in South Korea and to focus instead on security.  There are stories of great privation in North Korea, and this may finally be leading the NKs towards peace.  Time will tell.

3.  In Iran, there are still huge protests in the streets.  Government forces are killing protesters (around 30 so far) and a huge number have been arrested, but the protests continue.  It's important that most of the protesters come from the group that has provided much of the support for the current regime and that the goal of the protesters is regime change.

4.  There was a regulatory change proposed by the Trump administration that will make it possible for about an additional 11 million people to get health insurance at a reasonable cost.  These are people who were frozen into high cost policies by Obamacare under the rigid Washington-knows-best rules put in place under Obama.

Each of these things are major events that merit a great deal of media coverage.  The media covered the tax law, but mainly to tell us that there would be a middle class tax increase to pay for cuts for the rich.  That, of course, is a lie.  The media didn't care; they just lied and lied.  Now that the law has passed, there are only some cursory reports about its actual positive effect.  The media also covered the Iran protests during the first few days, but again not honestly.  Instead of reporting the true nature of the protests, the mainstream news networks actually reported the Iranian government propaganda that denounced the protesters.  Events in Korea have hardly been mentioned.  The health insurance changes are unknown to most Americans due to a media blackout of the news.

Lately, all we get from the media is coverage of a new book with trashy negative comments about Trump.  The author of the book admits that much of it is not true.  The author also says that many sources directly contradicted each other, so he knows at least some were lying.  Nevertheless, the media treats the book as absolute truth.  In Washington, people care about this.  Outside of Washington, people don't really care.

It is really the end of the news media.  There's no real news on the news anymore.  It's sad.

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