Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

July 29, 2018 | Is CNN Creating a Civil War?

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

COMMENT: From Europe, we are looking at your CNN and it really has become just propaganda and fake news. I was not a fan of Trump, but I have to say, he has done a great job probably better than any world leader. He has revised trade and has turned North Korea while your unemployment is now below 4% at 1960s level and you have a GDP growth of 4% while we have unemployment still in the 60% level among the youth and economic growth is at best 2.4%. It is hard to see why CNN turns everything negative.

HD

 

REPLY: It is really becoming blatant. This is one joke image going around, but it clearly demonstrates the point. America’s GDP growth is 4.1%, which is about twice that of Europe. Trump’s hardline threats of tariffs have yielded the first real new fair trade deal with the European Union. North Korea is actually returning the remains of our fallen American soldiers which have made a huge difference to many families.

The immigration issue where families were being separated was portrayed as if it was something brand new under Trump. CNN never bothered to report this was a policy that predated Trump and that Obama deported more people than any other president in history. They intentionally ignored the immigration issue under Obama and only used it against Trump demonstrating how corrupt CNN has become acting as only a political propaganda network. The damage CNN is doing to the country and the world is beyond description. My greatest concern is they are fueling a Civil War and what comes AFTER Trump? The people will NOT be satisfied with a career politician any longer. We are witnessing the Trump Revolution around the world and even within the Democrats.

Trump should stop the verbal assault on the press and reinstate the Fairness Doctrine and FORCE the broadcast press to present both sides and ned this reign of propaganda (This was an FCC rule and did not apply to print media).

However, the owner of CNN, Time Warner, the Chairman and CEO Jeff Bewkes came out and stated PUBLICLY that Trump does not pose a grave threat to free speech, but rather it was the Democrats. Speaking at Business Insider’s Ignitiion, Bewkes made it very clear that the Democratic Party’s commitment to campaign finance reform was a threat to free speech. He pointed out that Hillary Clinton said she would push for a constitutional amendment to overturn Citizens United, the Supreme Court decision that lifted restrictions on political spending by corporations and interest groups. She wanted to reduce free speech that was being funded against the Democrats.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

July 29th, 2018

Posted In: Armstrong Economics

One Comment

  • Dennis Flemming says:

    The genesis of fake news and propaganda media was Rush Limbaugh and Fox Cable News. Fox has been consistently measured as being 60%-70% lies for more than 20 years. So now the left has decided to play the same game and CNN is the one creating the civil war?? Roger Ailes and Rupert Murdoch began the civil war in America. CNN is way late to the game. And if you’re okay with unlimited money being the measure of free speech in America, then we are truly reliving the Fall of Rome in our lifetimes.

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.