The Mainstream Media Will Never Recover From These Shocking Revelations About The Associated Press, The New York Times And Politico

Feb, 2025

A free and independent press is absolutely essential. In fact, Thomas Jefferson once warned that “our liberty depends on the freedom of the press, and that cannot be limited without being lost.” Sadly, we have just learned that some of our most prominent media outlets have been receiving enormous amounts of money from the government. The New York Times, Politico and the Associated Press were being absolutely showered with money during the Biden administration, and it is no coincidence that their coverage of the Biden administration was extremely favorable. This is a scandal of epic proportions, and there is no way that these media outlets will ever recover from this because their credibility is totally gone.

What has been happening at Politico is particularly egregious.

It is supposed to be an independent media entity, but it has been receiving millions of our tax dollars.

In fact, it has received more than 8 million dollars from USAID alone.

But that money from USAID is just the tip of the iceberg.

Overall, Politico has received more than 34 million dollars from the federal government.

That is a tremendous amount of money.

Politico has a subscription option called Politico Pro, and it costs about 10 grand per year.

For some reason, a whole bunch of government agencies were shelling out giant piles of money for such ridiculously-priced subscriptions.

The Biden administration was certainly very good to Politico.

Are we supposed to believe that it was just a “coincidence” that Politico was also very good to the Biden administration?

The following quote from Sean Davis really hit home with me…

It was Politico that maneuvered to have the Hunter laptop story banned and everyone discussing it censored.

Politico peddled the illegal Supreme Court leak that led to the near-assassination of multiple Supreme Court justices.

And now we find out the regime was funneling tens of millions of dollars of our money to Politico?

This is rampant corruption.

Thankfully, the DOGE team is working on ending all payments to Politico right now…

Karoline Leavitt speaks out on USAID spending millions of taxpayer dollars being spent on Politico subscriptions.

“The DOGE team is working on canceling those payments now.”

Interestingly, staffers at Politico “did not get paid for the latest pay period”…

Staff at Politico did not get paid for the latest pay period. The company just sent several emails to employees saying it believes there was a technical error, and is looking into how to fix the issue.

Could it be possible that their staff did not get paid because the gravy train from the federal government is drying up?

Of course Politico is not the only media outlet that has been getting showered with cash.

It turns out that the “independent” Associated Press has also been raking in millions of dollars.

How can any organization that has hauled in 19.5 million dollars from the federal government possibly claim to be free and independent?

Someone really needs to ask the Associated Press that question.

But at least the Associated Press has not been as big of an offender as the New York Times has.

The most important newspaper in the United States has received “tens of millions of dollars over just the past 5 years”.

The New York Times is a complete and utter disgrace.

I am sorry if this offends you, but it is the truth.

Reporters for the New York Times pretend to be “journalists”, but ultimately they are just propaganda mouthpieces.

It may not surprise you to learn that Reuters is also corrupt.

In fact, it has just come out that they were awarded a very large government contract for “Active Social Engineering Defense” and “Large Scale Social Deception”.

If you can believe it, Reuters was paid more than 9 million dollars under this single contract.

There is no excuse for any of this.

The good news is that many of these legacy media companies were headed for extinction anyway.

For example, we are being told that “the future of CNN looks grim”…

The future of CNN looks grim as experts say the liberal network is ‘in decline’ after staffers faced pay cuts and a round of layoffs.

Jeff McCall, a communications professor at Indiana’s Depauw University, told the Los Angeles Times that the network’s layoffs are not a good look for CNN.

‘Right now, you think of their brand as in decline. The layoffs; that’s a problem. And it looks really bad when you lose libel suits,’ McCall said.

Because these legacy media companies have lost so much credibility, more people than ever are seeking out alternative sources of information. I am honored to be a part of the alternative media ecosystem, but unlike legacy media outlets I do not receive any money from the government. I am able to keep my work alive by offering books and subscriptions to my newsletter.

Thomas Jefferson clearly understood that “our liberty depends on the freedom of the press”, and the vast majority of our legacy media outlets are no longer free or independent.

So it is up to the alternative media to uncover the truth and keep our leaders accountable, and with your help that is what we will continue to do.

Michael Snyder

Feb, 2025

What has been happening at Politico is particularly egregious.

It is supposed to be an independent media entity, but it has been receiving millions of our tax dollars.

In fact, it has received more than 8 million dollars from USAID alone.

But that money from USAID is just the tip of the iceberg.

Overall, Politico has received more than 34 million dollars from the federal government.

That is a tremendous amount of money.

Politico has a subscription option called Politico Pro, and it costs about 10 grand per year.

For some reason, a whole bunch of government agencies were shelling out giant piles of money for such ridiculously-priced subscriptions.

The Biden administration was certainly very good to Politico.

Are we supposed to believe that it was just a “coincidence” that Politico was also very good to the Biden administration?

The following quote from Sean Davis really hit home with me…

It was Politico that maneuvered to have the Hunter laptop story banned and everyone discussing it censored.

Politico peddled the illegal Supreme Court leak that led to the near-assassination of multiple Supreme Court justices.

And now we find out the regime was funneling tens of millions of dollars of our money to Politico?

This is rampant corruption.

Thankfully, the DOGE team is working on ending all payments to Politico right now…

Karoline Leavitt speaks out on USAID spending millions of taxpayer dollars being spent on Politico subscriptions.

“The DOGE team is working on canceling those payments now.”

Interestingly, staffers at Politico “did not get paid for the latest pay period”…

Staff at Politico did not get paid for the latest pay period. The company just sent several emails to employees saying it believes there was a technical error, and is looking into how to fix the issue.

Could it be possible that their staff did not get paid because the gravy train from the federal government is drying up?

Of course Politico is not the only media outlet that has been getting showered with cash.

It turns out that the “independent” Associated Press has also been raking in millions of dollars.

How can any organization that has hauled in 19.5 million dollars from the federal government possibly claim to be free and independent?

Someone really needs to ask the Associated Press that question.

But at least the Associated Press has not been as big of an offender as the New York Times has.

The most important newspaper in the United States has received “tens of millions of dollars over just the past 5 years”.

The New York Times is a complete and utter disgrace.

I am sorry if this offends you, but it is the truth.

Reporters for the New York Times pretend to be “journalists”, but ultimately they are just propaganda mouthpieces.

It may not surprise you to learn that Reuters is also corrupt.

In fact, it has just come out that they were awarded a very large government contract for “Active Social Engineering Defense” and “Large Scale Social Deception”.

If you can believe it, Reuters was paid more than 9 million dollars under this single contract.

There is no excuse for any of this.

The good news is that many of these legacy media companies were headed for extinction anyway.

For example, we are being told that “the future of CNN looks grim”…

The future of CNN looks grim as experts say the liberal network is ‘in decline’ after staffers faced pay cuts and a round of layoffs.

Jeff McCall, a communications professor at Indiana’s Depauw University, told the Los Angeles Times that the network’s layoffs are not a good look for CNN.

‘Right now, you think of their brand as in decline. The layoffs; that’s a problem. And it looks really bad when you lose libel suits,’ McCall said.

Thomas Jefferson clearly understood that “our liberty depends on the freedom of the press”, and the vast majority of our legacy media outlets are no longer free or independent.

So it is up to the alternative media to uncover the truth and keep our leaders accountable, and with your help that is what we will continue to do.

Private equity tends to perform better than the stock market, provided you do so over time.

Private credit, a newer asset class but a rapidly growing one, also shows strong returns, as well as relatively high current income.

And if you have a retirement account, chances are you’re willing to think long-term.

Win-win, right? Not necessarily.

First, these new funds would also come with an incentive structure similar to investing in a hedge fund. That includes a higher fee than a market index ETF – think 2% compared to 0.1% (or less).

Plus, many of these funds have a hurdle rate attached to them as well. Once they clear 5% returns – which, with private credit, can be easily cleared by making deals with cash returns over 5% – additional incentive fees may kick in.

Several factors are likely at play here. Rising uncertainty over Trump’s tariff and trade policies – even though he’s largely walked those back.

A bigger factor? The rise of AI.

Many big tech companies have been making layoffs this year, citing increased productivity as a reason. For instance, Microsoft just announced another 9,000 in layoffs.

Of course, when an individual company announces layoffs, it’s usually bullish for shares. That company is doing the same – or more – with a smaller headcount. That’s lower costs and higher productivity.

But in a world where every company can lay off a sizable percentage of their staff, we have more unemployed consumers, who tend to cut back on spending.

Every catalyst feels plausible.

Bank fragility from unrealized losses. Stubbornly high interest rates are making refinancing a pain. AI-induced job cuts are hollowing out consumer demand. Another carry trade unwind like last summer or a geopolitical flare-up.

It’s all a messy pile of possibilities — any one of which could tip the balance.

It’s the kind of setup that would make a predictive AI model salivate.

Feed it inputs like these — jobs reports, interest rates, layoffs, debt levels — and it would likely start blinking red.

Over the next twelve months, roughly $9 trillion worth of existing US debt securities will mature; this was money that the government borrowed years ago… and will soon come due.

In theory the government has to pay that money back. Naturally they don’t have the funds to do so… so instead they’ll borrow new money to pay back the old loans… essentially refinancing $9 trillion worth of the national debt over the next twelve months.

So realistically they must sell ~$11 trillion in debt over the next twelve months: $9 trillion to refinance existing debt, plus another $2 trillion to cover this year’s budget deficit.

$11 trillion is an enormous amount of money… which means they’ll need every investor possible ready and willing to buy US government bonds.

And that’s a problem. Because right now, foreigners (which own a HUGE chunk of the debt) are aggressively backing away from US government bonds.

Private equity tends to perform better than the stock market, provided you do so over time.

Private credit, a newer asset class but a rapidly growing one, also shows strong returns, as well as relatively high current income.

And if you have a retirement account, chances are you’re willing to think long-term.

Win-win, right? Not necessarily.

First, these new funds would also come with an incentive structure similar to investing in a hedge fund. That includes a higher fee than a market index ETF – think 2% compared to 0.1% (or less).

Several factors are likely at play here. Rising uncertainty over Trump’s tariff and trade policies – even though he’s largely walked those back.

A bigger factor? The rise of AI.

Many big tech companies have been making layoffs this year, citing increased productivity as a reason. For instance, Microsoft just announced another 9,000 in layoffs.

But in a world where every company can lay off a sizable percentage of their staff, we have more unemployed consumers, who tend to cut back on spending.

Every catalyst feels plausible.

It’s all a messy pile of possibilities — any one of which could tip the balance.

It’s the kind of setup that would make a predictive AI model salivate.

Feed it inputs like these — jobs reports, interest rates, layoffs, debt levels — and it would likely start blinking red.

Over the next twelve months, roughly $9 trillion worth of existing US debt securities will mature; this was money that the government borrowed years ago… and will soon come due.

So realistically they must sell ~$11 trillion in debt over the next twelve months: $9 trillion to refinance existing debt, plus another $2 trillion to cover this year’s budget deficit.

$11 trillion is an enormous amount of money… which means they’ll need every investor possible ready and willing to buy US government bonds.

And that’s a problem. Because right now, foreigners (which own a HUGE chunk of the debt) are aggressively backing away from US government bonds.