George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Sunday, July 23, 2017

Role of American newsrooms is now filled by political opposition research groups like Fusion GPS. News media is dead broke, can't afford big newsrooms-Lee Smith, Tablet

7/21/17, "Fusion GPS Illuminates the Brave New World of Manufactured News for Hire," Lee Smith, Tabletmag.com 

"The news media is dead broke. Print advertising is washed up and all the digital advertising that was supposed to replace lost revenue from print ads and subscribers has been swallowed up by Facebook and Google. But the good news is that people will still pay for stories, and it’s an awful lot easier to bill one customer than invoicing the 1,500 readers of your blog. The top customers for these stories are political operations.

There is no accurate accounting of how many of the stories you read in the news are the fruit of opposition research, because no journalist wants to admit how many of their top "sources" are just information packagers,—which is why the blinding success of Fusion GPS is the least-covered media story in America right now.

There’s plenty of oppo research on the right, but most of it comes from the left. That’s not because Republicans are more virtuous than Democrats and look for dirt less than their rivals do. Nor conversely is it because Republicans make a richer subject for opposition research because they’re so much more corrupt. Nope, it’s simple arithmetic: Most journalists lean to the left, and so do the majority of career officials who staff the federal government. There are more sounding boards on the left, and more sources. It’s not ideological, it’s business....

The Trump-Russia story has frequently been likened to Watergate, a specious comparison since the latter started with evidence of a crime and the former with publication of an anthology of fables, pornography, and Russian-sourced disinformation put together and distributed by partisan political operatives. The salient comparison is rather in the effect—it has the same feel as Watergate. And it’s taking up the same space as Watergate—and that’s because comms shops-for-hire like Fusion GPS have assumed the role that the American press used to occupy....

For the past seven years, I’ve reported on and written about American foreign policy and what I saw as troubling trends in how we describe and debate our relationship to the rest of the world. What I’ve concluded during that period is that the fractious nature of those arguments—over the Iran Deal, for instance, or the war in Syria, or Russia’s growing role in the Middle East and elsewhere—is a symptom of a problem here at home. The issue is not about this or that foreign policy. Rather, the problem is that the mediating institutions that enabled Americans to debate and decide our politics and policies, here and abroad, are deeply damaged, likely beyond repair.
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The shape of the debate over the Joint Comprehensive Plan of Action illustrated this most clearly. The Obama White House turned the press into an instrument used not only to promote its initiatives, but also to drown out and threaten and shame critics and potential opponents, even within the president’s own party. Given the financial exigencies of a media whose business model had been broken by the internet, mismanagement, and the rise of social media as the dominant information platform, the prestige press sacrificed its independence for access to power. If for instance, your beat was national security, it was difficult at best to cross the very few sources of power in Washington that controlled access to information. Your job depended on it. And there are increasingly fewer jobs in the press."...

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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.