In a previous essay I pointed out that what’s been happening for several years is that anti-Trump, anti-MAGA and elitist billionaire fund managers have been subsidising the media in order to control the narrative. Now the game is up and the first domino to fall has been MSNBC, which Comcast has decided to sell. Other cable news channels are going the same way.
Visualise the scene: various fund managers who are members of the usual cosy club – the Manhattan/Washington elitist axis – were using their collective financial power to force many brand-name companies to continue advertising on low rating and effectively bankrupt cable news networks, newspapers and other mainstream media outlets. No rational head of marketing at a major corporation would spend $20 million per year on a channel that was watched by 200,000 people in the channel’s own target demographic but this is what has been happening and it has seen a couple of hundred billion marketing dollars simply wasted.
The fake news narrative – everything from the Russia collusion hoax, to claims the Hunter Biden laptop didn’t exist, to dismissing concerns about the 2020 US Presidential election, to turning Dr Fauci into a sage-like celebrity – continued without difficulty. Stories could be run and then picked up by media outlets around the world. Complete nonsense became real and it has always intrigued me that most New Zealanders have a view of America which is 100 per cent false.
After the election of Donald Trump and a Republican-controlled Congress, and the selection of some heavy hitters for senior positions, many wise people realise the game is up: they’ve been on ‘the wrong side of history’, and many CEOs don’t want to end up mopping floors in ‘Club Fed’. House cleaning is the order of the day, along with some sucking up to the new administration.
Pam Bondi as Attorney-General is going to launch investigations into the media running fake stories, election interference and whether anti-trust laws have been broken. Numerous people are going to cut deals and claim it’s all true in order to save their own skins. Add to that an investigation into the abuse of financial power by fund managers and it will be fun to watch. The usual response of dismissing things as fake, a conspiracy theory or a witch-hunt simply won’t work any longer. The game really is up.
There are still a few holdouts: those who are too arrogant to see what’s happening; but in general there has been a sea-change in corporate America. I expect such things as DEI hiring, indulging mentally ill lunatics within their corporations and even hiring from certain elitist universities teaching racist twaddle will also be for the high jump. Nobody really supported any of that and most senior executives have to deal with the results of hiring unqualified people, so it will be a breath of fresh air to throw all this nonsense into the rubbish bin and return to normality.
To give two examples of the arrogance and stupidity of these people: they openly discussed how to bring down Donald Trump in a conference room full of executives, with their secretaries lining the walls taking notes. Notebooks that still exist…oh and beamed goodness knows where (and recorded?) on Zoom. Just as some people flew to Jeffrey Epstein’s island to engage in illegal sex – not discreetly, not in private, but taking along their personal assistant, butler, secretary, pilot/s and others in their entourage. Witnesses galore! Do you see where this is leading?