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If one really wants to understand the “fake news” phenomenon one must watch this 4 minute video from Pat Caddell. Recorded in the wake of the Benghazi September 11th attacks he lays out how the old media are not only biased against certain perspectives (conservative/libertarian) but in many cases are actively seeking to further a “progressive” agenda and abandoning real journalism altogether.
He was/is exactly right.
http://www.againstcronycapitalism.org/