You Can’t Handle The Lie

48+ To receive a free full-text email of The Zeitgeist whenever we publish to t
You have reached the maximum number of free, long-form articles for the month.

Please join here to read the rest of this content.

Paid Members can log in here.

To receive a free full-text email of The Zeitgeist whenever we publish to the website, please sign up here. You'll get two or three of these emails every week, and your email will not be shared with anyone. Ever. It's our effort to spread the word about what we're doing, and allow you to read more Epsilon Theory!

Notify of
35 Comments
oldest
newest
Inline Feedbacks
View all comments
EnochRoot
18 days ago

I think your framing of the events here as Fiat News is entirely legitimate, and certainly in keeping with the longstanding beliefs I have seen written here over the years. I have no argument with the framework you present. I think, though, that it may be incomplete, or at least, it ignores or discounts an important element – there may be a point where the framework that advocates rejecting thse actions by labeling them Fiat News is legitimately challenged by the Paradox of Intolerance. I understand that this is not a clear case (are there ever any?), but there are elements here that IMO raise the issue: Tolerance involves respect for individual autonomy—the idea that people’s minds and lives can be different from our own.  Intolerance means not enduring what you dislike, and seeking to harm it, whether you’re persecuting someone, prohibiting a practice, or punishing a set of beliefs.But how do we determine the limits of what can be done, said, or believed? Should the expression of abhorrent views be legally protected speech? A madman arguing to kill all members of an ethnic group may be considered a repulsive extremist, but he or she could also become a political leader or even a head of state, even a democracy, with the power to enforce those ideas by convincing others, through their speech, to agree with them. How do we respond to this philosophical challenge? If we have a head of state, speaking in his official capacity, denouncing the expression of individual… Read more »

quickxotica
18 days ago
Reply to  EnochRoot

Bravo EnochRoot! I agree.
The fact these independent networks each made realtime editorial decisions to curtail (for once) the cooption of their live broadcasts should be applauded, not derided. Nothing he said was new news. He’s been claiming voter fraud for months (years actually), and he has plenty of access/airtime/communication options open to him. If the past 4+ years have taught us anything, it’s that he’ll continue using them to widen our sociopolitical gyre. So, honestly, of all the things to be writing about today, I don’t know why Rusty choose this The concern about not trusting viewers with unfiltered access strikes me as misplaced in this instance and context.

Rech
13 days ago
Reply to  Rusty Guinn

‘Independent broadcasts making realtime editorial decisions ‘ ? All I could think of at the time was the off-camera crews watching all the other network’s broadcasts and trying to judge when was the exact right time to break in so that they would be perceived by the crowd as not too hot …not too cold ….but just right.

Nice write up Rusty. Felt like TV news was the only option there for a few days, but quickly reminded me why I’ve abandoned them.

joesailboat
12 days ago
Reply to  Rech

At a certain point he is screaming “Fire” in a theatre

BRENT DONNELLY
18 days ago

I usually agree with you Rusty but in this case I feel the opposite … only in an authoritarian regime should the media be forced to deliver the deranged dictator’s message. Independent and privately-owned media outlets should follow their own moral, ethical and journalistic codes and refuse to publish that which they believe is damaging to the republic or clearly false. Why should they willingly be a vector for the dissemination of obvious falsehood? We have Twitter for that.

BRENT DONNELLY
18 days ago
Reply to  Rusty Guinn

Yes totally fair. I guess I would interpret it not as “they don’t trust us with the lies” but “it would be irresponsible to broadcast the lies”. But I dunno.. I get what you mean too. Thanks – always awesome prose and always thought provoking.

Trevor Curwin
18 days ago

I felt about this cut-away the same way I felt about Sen. Tom Cotton’s NYT op-ed. Letting a proto-fascist air their views in public is far better then letting them skulk about, and wink and smirk at their “fellow travellers” like they get the inside joke (“The Storm is Coming!”). In the end, I think that op-ed ages very poorly for Cotton who has greater ambitions. And the truth is he’s still the man he is, whether someone makes a moral editorial decision or not. If you have a policy of not airing discernible lies, let him have his time and fact-check in real-time or afterwards. If we are so scared that Trump’s bullshit will overwhelm some kind of perceived collective simpleness of America, then you need to ask yourself what you’re trying to salvage. If he stepped to a microphone and said “Will no one rid me of this meddlesome Biden?”, is Joe Biden any less or more safe because the control booth at MSNBC et al clutches its pearls?

Kpaz
18 days ago

I would mostly agree with Rusty here. However, if the media had been consistently calling out DJT and the administration on their lies starting 4+ years ago, then yeah, air it and call it out post presser. But when they have done the fiat song and dance for this long, I think it finally got to a point where an adult had to step into the room. The bad news is they didn’t do it until it became clear he would lose. MSM fail. I didn’t see if PBS/NPR even carried it in the first place, anybody?

Second, the media do not work for us. That is a narrative spun in journalism school. I should know, being a graduate of the Walter Cronkite School of Journalism – Go Devils! We are the meal on the dinner table providing the eyeballs for the advertisers. Never forget that tender media consumer.

chipperoo
18 days ago
Reply to  Kpaz

The BBC World Service (via the local NPR radio station) broadcast clips of the speech late last night, as well as noting the US networks that cut away.

I am almost in complete agreement with Rusty, considering many other inflammatory and/or untrue quotes that have been broadcast for years. “Why start now?” was my gut response to first hearing about the cut away. Also that this could be a missed opportunity to discuss how to disprove untrue statements.

KC BBQ Guy
18 days ago
Reply to  Kpaz

I agree with Rusty and I had a similar thought. What would things look like now if the MSM cut away/gave less attention to Trump when he became outlandish and unhinged during the Republican primary process four years ago?

Landvermesser
18 days ago

How this note lands with me depends on how much I’m thinking of these outlets as news, and how much as something else. “Entertainment” isn’t quite the right word, but in that direction.
These outlets are owned by large, cold, corporations, whose interests aren’t very closely aligned with the idea of delivering news. They are very interested in how many people are watching, and they know that their audiences contain a lot of people whose skin would crawl at seeing the Trump speech. If MSNBC is showing it and CNN isn’t, some people are going to flip over to CNN and watch those ads for a while instead.
Do I think the CEO of Comcast texted this MSNBC producer to cut away? No. But I do believe that this producer is in this seat because he’d make that call, optimizing ratings under the color of bravely battling disinformation, speaking truth to power, etc.

Ward Good
18 days ago

My congresswoman, Abigail Spanberger, is by all accounts a decent person and if I happened to ever meet her I expect it would be very cordial, congenial even. Friends of mine who know her like her. We simply disagree about policy but the interesting thing about her rant is that she mentions attack ads that branded her a socialist. I don’t think she is a socialist and I’d be willing to bet that most of the folks in her district do not think she is a socialist, evil attack ads notwithstanding. Speaking of evil attack ads, the Spanberger campaign told us all repeatedly that her opponent was the only evil republican legislator to vote against funding for autistic children. That heartless ner-do-well, in the back pocket of big business. That this callous, unfeeling, fellow is himself the father of not one but two autistic children was, of course, not part of the public service announcement …ugh, I mean attack ad. Alas, this kind of hyperbolic ad hominem nonsense has been a feature of American political discourse since Jefferson, Hamilton etc. and I believe that thoughtful people have discounted it for equally as long. So when the President makes a speech full of unhinged hyperbolic nonsense, I do not believe that anyone with two wits to rub together should find that surprising, nor is it kowtowing to the Dictatorship for these magnanimous public servants like Lester Holt to air his silly rant and allow us to judge for ourselves. On the… Read more »

Ward Good
18 days ago
Reply to  Rusty Guinn

I agree. It is widely believed in Richmond that the police were forced to stand down. Some of that has been reported. I know policemen who refuse to comment but they’ve lost any number of people to “retirement” etc.

Karl Kaeten
18 days ago

My initial thought here is that no person is allowed to yell ‘Fire’ in a crowded theater. I can discern a lie from the truth, most of the time (I think). But, to use your metaphor, I don’t think a rhinoceros can.

Carl Richards
18 days ago

As a “vote against Trump” voter, last night’s speech and cut-away was gratifying. Also felt dirty. But in a world where “This isn’t how capitalism is supposed to work! This isn’t how elections are supposed to work! This isn’t how politics is supposed to work! This isn’t how free speech is supposed to work! This isn’t how the Fed is supposed to work (they’re out of bullets)!”…it was PERFECT. #MercyIsGonnaBeHard

Lawrence Pusateri
17 days ago

Chilling Rusty —-The second chilling thing I have read this morning , the first was AOC’s tweet calling for a list to be kept of Trump supporters that they can be held accountable for their complicity. 😳

Then look at the reply’s 😳

I have it all on screenshots for when twitter takes it down

Brian Scaletta
17 days ago

Welcome to the K shaped world, it’s everywhere. As a thought exercise, is the US so divided that we could split into two countries? The US of D and the US of R. I’m not sure, but I’m more worried about the next presidential election.

John
17 days ago

I go back and forth on this one, but I appreciate the article, Rusty. My gut reaction is to agree. Ultimately it feels very much the bottom of layers of the broad argument of tolerating intolerance right up until intolerance is the new norm. At what point do you not participate in the dissemination of information that would seek to undermine the rules that protects the rights to disseminate anything you like. Its not whether there is a point, but when. Taking your argument to its logical endpoint, should news networks cut from a President calling for violence from his supporters against others? The fact that that is not ‘protected speech’ doesn’t change the real time decision for news networks because its an incredibly grey area. These are ‘penumbra of doubt’ questions, not easy ones. There are no right answers, but decisions need to be made nevertheless. Fact is, news networks ought to have a heavy bias toward covering the elected president like you say, and its about trusting you or me to make up our minds, almost all of the time. But when the message isn’t for us (99%+ of ppl), but rather for those who have already made up the minds, and when that message seeks to destroy the country/incite violence or some other harm, then I think it does need to be cut away from. Was this instance at that point? No, probably not. But it’s not inconceivable in the coming months, sadly. Then, the issue isn’t… Read more »

John
17 days ago
Reply to  John

I note EnochRoot mentions similar points below (I hadn’t seen that comment before I gave my two cents!)

zenzei
15 days ago

This comment section is fascinating. We are all dancing around the question of who gets editorial control and gets to set the line(s) in the sand of where the “truth” ends and the “lies” begin.

since this is ET…I’ll share a poem that most closely represents my view.

We dance round in a ring and suppose,

But the Secret sits in the middle and knows.

—Robert Frost

Lawrence Pusateri
15 days ago
Reply to  zenzei

Indeed Rafa – In reading John’s section about the dangers of questioning the legitimately of an election without evidence. I had to laugh , as the legitimacy of the 2016 election was questioned for 24/7 for 2 years , and as it turns out —without any evidence.

I don’t trust the media – any media– to be the barometer for what truths I should be allowed to see. The fact that they cut away is one thing, the fact that ALL three major networks cut away at the same time – is very disturbing.

Like FB and TWTR both deciding simultaneously that the NY POST article on Hunter cant be shared…..I mean what a coincidence.

Gregg Sainsbury
14 days ago

I’m late here – circling back through articles. I have been preaching this concept to my kids: Listen to everything Trump and others like him say, and make up your own mind about what they say. Media does not exist to shield us from lies – they exist to make sure free people hear the lies, and process them accordingly.

Tom Hudson
13 days ago

When does “the Media” have the right to lie in its effort to convince us that the President is a blatant liar? Would it have been a more or less effective statement for Media Person to say, “Neither President Trump nor his supporters have presented evidence that there was sufficient election fraud to materially affect the outcome of the election.” For MP to state that there was no election fraud, period, is a lie. Is it as big a lie as was told by the President? Probably not, except that MP has lost credibility, though he/she may have sold more eyeballs to sponsors.

Futureman2020
13 days ago

Great article and valid opinion. The competition in the media today is fierce as the likes of ET, Glenn Greenwald, Andrew Sullivan and hundreds of other very capable and independent minded journalists and commentators break away from the monopolistic main stream media and begin to find their own forums.

For me, I subscribe to centrist independent minded journalist and commentators and I find that I am very well informed and very open to compromise on a broad array of major policy issues. For those glued to MSNBC and Fox News, I cannot say the same for them. Close minded, manipulated, brainwashed are words that come to mind.

Cactus Ed
12 days ago

The difference between ‘reporting’ and ‘journalism’, I suppose. Journalists nudge.

“In psychology and behavioral economics, people have shown that if you just describe options in a certain way, or make some features of a situation salient, you can get people to do and even see what you want. You don’t have to be a Jedi to manipulate people’s attention.”

-Cass Sunstein

The Daily Zeitgeist

We are all MMTers (Still)

By Rusty Guinn | October 22, 2020 | 10 Comments

Stimulus is dominating market news, and even with an election coming up is playing an outsized role in political news. So what is the current fiscal stimulus really about?

Maybe more importantly, what is it absolutely, definitely NOT about?

Read more

How It Started. How It’s Going.

By Ben Hunt | October 20, 2020 | 10 Comments

Once Daryl Morey’s new idea became the common knowledge of the NBA – once everyone knows that everyone knows that the way to win NBA games is to maximize 3-point shots and lay-ups – then it became a permanent feature of the way professional basketball is played. It became an equilibrium.

It’s exactly the same with politics.

Read more

The Frustrated Money Manager

By Ben Hunt | October 8, 2020 | 12 Comments

The frustrated money manager is almost always a smart, accomplished professional in his own field who believes VERY much in the existence of The Smart Money ™.

The frustrated money manager is almost always a liiiittttle bit on the make.

Like a Vatican cardinal.

Read more

Scapegoating the Zeitgeist

By Ben Hunt | October 2, 2020 | 5 Comments

One day we will recognize the defining Zeitgeist of the post-GFC Obama/Trump years for what it is: an unparalleled transfer of wealth to the managerial class.

This Wall Street Journal article is not an attack on that system. It is a defense. It is telling you that the system is fine … we just need to do something about these bad apple CEOs.

Read more

Why Am I Reading This Now?

By Ben Hunt | September 25, 2020 | 8 Comments

Yesterday, 5 GOP Senators wrote a letter to Netflix, saying that their plan to adapt Liu Cixin’s “The Three Body Problem” for TV/film amounted to “complicity” with the CCP and their horrific mistreatment of the Uyghurs.

Why am I reading this NOW?

Read more

The UNITED States of America

By Ben Hunt | September 19, 2020 | 7 Comments

My RBG story …

I thought she’d be all about women’s rights and legal theory this and legal theory that. I was SO wrong.

RBG’s death is an enormous loss for the UNITED States of America.

Read more

DISCLOSURES

This commentary is being provided to you as general information only and should not be taken as investment advice. The opinions expressed in these materials represent the personal views of the author(s). It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Any action that you take as a result of information contained in this document is ultimately your responsibility. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Consult your investment advisor before making any investment decisions. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance. Past performance is not a guarantee of future results.

Statements in this communication are forward-looking statements. The forward-looking statements and other views expressed herein are as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements, and there is no guarantee that any predictions will come to pass. The views expressed herein are subject to change at any time, due to numerous market and other factors. Epsilon Theory disclaims any obligation to update publicly or revise any forward-looking statements or views expressed herein. This information is neither an offer to sell nor a solicitation of any offer to buy any securities. This commentary has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Epsilon Theory recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.