On any given day, the American public can watch one of several Wall Street–focused cable news channels, read numerous high finance–oriented newspapers (as well as ubiquitous business sections in others), or click on a seemingly endless supply of online sites and news apps tracking the profits and losses of US businesses and corporations. It’s not a stretch to say that the business of modern American journalism is, to a stunning degree, about covering business.
It’s not just labor, anything that benefits the working class is suppressed.
Our 4th estate is in shambles, no wonder the people haven’t risen up, they don’t even know what’s happening to them.
Based on nearly all of last week’s maninstream media coverage you would think the only news is Trump’s porn star scandals, steel and aluminum tariffs, Trump’s porn star scandals, the Oscars, and Trump’s porn star scandals.
NPR did mention the Senate’s upcoming Wall Street deregulation but did not mention the Wall Street benefits, instead limiting their coverage of the issue to “making it easier for community banks to sell mortgages”.
Kudos to the LA Times for David Dayen’s piece on the actual nature of the upcoming US Senate vote.