The revolving door between regulated big business and regulatory agencies is a known problem. “Regulatory capture” is one of the concepts economists have used to explain it.
We got used to this sort of corruption in finance: under the Bush and Obama administrations, with Goldman Sachs serving as the Executive Branch’s talent pool. The Pentagon and its major contractors have long had a cushy, cross-pollinating relationship. And we are just beginning to learn about Fauci’s close ties to Big Pharma.
But the most dangerous employment overlap? Between the Deep State and major media news services.
Glenn Greenwald, in a Substack column on Sunday, calls our attention to an MSNBC opinion article titled “Julian Assange extradition could mean even more legal trouble for Donald Trump.” It was written, explains Greenwald, “by former FBI Assistant Director and current NBC News employee Frank Figliuzzi, who played a central role during the Obama years in the FBI’s attempt to investigate and criminalize Assange: a rather relevant fact concealed by NBC when publishing this.”
We in America tend to think of the news media’s role as that of a watchdog — against government corruption. Instead, we see, that this direct seeding of media roles with Deep State agents “is how U.S. security state agents now directly control corporate news outlets.”
In the Sixties, there was a program called Operation Mockingbird, in which the CIA used a variety of techniques to control the media. Now “the CIA is the media.”
This is not a “free press.” It is a controlled press, with the mechanisms of the control right out in the open — simply look at the “journalists’” resumes.
Is this big business capturing regulators, or regulators capturing business?
This is Common Sense. I’m Paul Jacob.
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2 replies on “Major Media’s Major Corruption”
Even some of the “alternate media” have been captured.
Unfortunately, you have to be careful who you trust.
News media, big business and government are now permanently intertwined. Legislators retire and move to businesses which they once regulated. Even if they can’t directly lobby Congress, they can work behind the scenes, giving vital info to their new employer. It’s not just media that was expected to be a watchdog. Our elected leaders are also supposed to be a ‘watchdog’, to protect our freedoms and to regulate business excesses. We now see the well-connected moving freely between the three. No one side ‘captured’ the other. They simply formed an alliance, to achieve together what none of them could do separately. Media benefits from its connections to the regulators and to business.