New York Times Actions
In response to President Trump filing a $15 billion defamation lawsuit against the New York Times, a spokesperson for the Times claims, “We will continue to pursue the facts without fear or favor.”
IN FACT, the Times has repeatedly published patent falsehoods that:
- spur violence against police.
- demonize elected officials.
- incite class warfare.
- sow racial animosity.
- cover up corruption and fraud.
- empower criminals by disarming their victims.
- harm the nation’s education system.
- conceal the deadly effects of illegal immigration.
- distort science in ways that generate panic.
- rationalize and cloak the killing of pre-birth humans.
- stagnate the U.S. economy.
- drive the U.S. deeper into debt.
- slander the United States.
Far from pursuing the facts without fear or favor, the Times’ own media columnist boasted in 2020 that the “paper is in the midst of an evolution from the stodgy paper of record into a juicy collection of great narratives.”
The Times is the most-visited news site in the nation, and one extended family has owned a controlling share of it for more than a century.
This family, the Ochs–Sulzbergers, has kept control of the Times while raising money from other people by issuing a separate class of stock that gives shareholders little or no voting rights to control the corporation.
That structure has allowed foreign interests to pump money into the Times, like Mexican multi-billionaire Carlos Slim, who became the largest single shareholder of the New York Times Company in 2015.
Slim, who was worth about $72 billion at the time, also loaned the Times $250 million during the Great Recession when the Times “looked to be in peril” as the “world economy” was “struggling and credit tight.”
In other words, a foreigner who is one of the wealthiest people in the world played a key role in ensuring the survival of a U.S. media corporation which regularly publishes falsehoods that harm and destabilize the United States.
From 2015 to 2018, the Times’ revenues were 20% greater than the total donations of all U.S. citizens and corporations to federal Republican campaigns and causes. This includes all presidential candidates, congressional candidates, and special interest groups combined.
Nevertheless, the Times has used its massive platform to denounce people “with big bank accounts” and “big megaphones” who “drown out other voices” in politics.
Attempting to further its dominance over competing sources of information, a Times essay called on the Biden administration to set up a “truth commission” to combat statements that it deemed to be false.
