Why Capitalism Thrives–and how it self-destructs

Why I Never Quote Liberal Publications

Truth in The Wall Street Journal, Forbes, Fortune,
and Bloomberg Businessweek

Except for unusual circumstances, you’ll never find a quotation on this web site from publications such as The Nation, The American Prospect, The Washington Monthly, Dollars & Sense, In These Times, or The Progressive Populist. Why?

Because they accurately reflect what is happening in our country and our world. Their staffs have a commitment to objectivity and fairness in reporting. Although they certainly have ideologies, their ideologies are the result of what they see, hear and report.

Conservative news media, on the other hand, see, hear and report as a result of their ideology.

That’s why a major strategy of right-wing think tanks is to label true professional journalists as the “biased liberal news media.” That’s about the only way they can defend their anti-middle-class positions on various issues. Conservatives certainly can’t attack the news media on the basis of objective facts and realistic historical precedent. All they can do is discredit them by character assassination.

Newt Gingrich, world class sanctimonious hypocrite, is a master at this demagoguery—as he clearly demonstrated in the nationally televised Republican debates.

Of course, the right-wing does the same thing to the people who quote these publications. Although there are sound reasons for people to publicly use the so-called liberal media as sources, there also is a need for someone to make the same points, but from ultra-conservative sources.


To reach those who have been programmed to automatically shut down their mental faculties when they hear a liberal source, it can help to refer to their own revered publications. And it is eminently possible, because our leading conservative financial publications are caught at cross-purposes.

On the one hand, they want to proselytize the American voter to support legislation that favors investors and the wealthy—at the direct expense of the working class. Therefore they publicly lie about the effects of tax breaks for the rich, globalization, unionization and so on.

On the other hand, they must give their readers and supporters accurate information so they can manage their businesses and make decisions based on reality.

As a result, when you read their nonpolitical and objective analyses of economic issues, you find that they directly contradict what they are saying and writing for general public consumption.


That’s what this web site is all about: Economic and social truths as the conservatives themselves know them to be, but publicly deny that they know them.

To see what I mean, check out: The Conservative Financial Press.

The biased conservative
financial press

Read what America's five most prestigious financial publications, The Wall Street Journal, Forbes, Fortune, Barron’s and Bloomberg Business Week have been reporting over the years.

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