“A lie gets halfway around the world before the truth has a chance to get its pants on.” – Winston Churchill In 1917, Rep. Oscar Callaway entered some disturbing information into the congressional record: J.P. Morgan, a banker and a steel tycoon (1929 Time’s man of the year), hired 12 high-ranking newspapermen and asked them to determine America’s most influential newspapers. J.P. Morgan wanted to know how many newspapers that it would take to control the policy of the daily press of the United States. The 12 found that it was only necessary to purchase the control of 25 of the greatest papers. An agreement was reached; the policy of the papers was bought, and an...
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