“The Lies That Will Kill America”: Pundits Run To The Defense Of A Massive Bank And Other Tales Of The Lapdog Media

mykeystrokes.com

Here in Manhattan the other day, you couldn’t miss it — the big bold headline across the front page of the tabloid New York Post,  screaming one of those sick, slick lies that are a trademark of Rupert Murdoch’s right wing media empire. There was Uncle Sam, brandishing a revolver and wearing a burglar’s mask. “UNCLE SCAM,” the headline shouted. “U.S. robs bank of $13 billion.”

Say what?  Pure whitewash, and Murdoch’s minions know it. That $13 billion dollars is the settlement JPMorgan Chase, the country’s biggest bank, is negotiating with the government to settle its own rip-off of American homeowners and investors — those shady practices that five years ago helped trigger the financial meltdown, including manipulating mortgages and sending millions of Americans into bankruptcy or foreclosure.  If anybody’s been robbed it’s not JPMorgan Chase, which can absorb the loss and probably take a tax write-off for at least part of it…

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