Wednesday, June 01, 2022

The Mafia Tactic that Brought Down CNN - American Thinker

The Mafia Tactic that Brought Down CNN - American Thinker - By Brian Cabana
"Of late, the State appears to be an analog to the mafia. 
 For one piece of evidence, we can look to the inclusion in its main repertoire of a mob tactic once used only sparingly: the bust out.
  • A bust out is a mob tactic whereby a business owner becomes indebted or obliged to a mobster, who subsequently coerces the business owner to finance criminal operations on his company's credit. After multiple refinancing options and mortgages, the mafia burns down the overleveraged business and collects the insurance money.
The pre-eminent example of the State acting on its new modus operandi is CNN...the State attained effective control of the company and immediately initiated a credibility bust out on its brand, leveraging every ounce of its reputation to serve the various enterprises of the State, until the network became a laughingstock that was disowned even by stalwart Democrats and go-along-get-along suburban paper-pushers...
Michael Lind, in a recent essay, chronicles in glorious detail how the State, through leveraged buyout campaigns coordinated primarily (though not exclusively) through an interlocked network of NGOs, acquires institutions that hold widespread brand recognition — CNN, National Review, the ACLU, the CDC and WHO, and so on — and repurposes their respective brands in the interests of the State..." 

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