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Monday, December 12, 2011

Riots in Russia



OR WERE THERE?

Investors rely on news about companies, politics and economics to make informed investment decisions; it is therefore essential to obtain accurate news.

An easy way to seek truth in reporting is to compare stories from several different sources.  By “several different sources,” I don’t mean several news sources from the US, which all use the same news wires to get their information.  I mean getting news from the West’s traditional enemies as well as its allies, since the truth is usually found somewhere in the middle.

On December 7th, 2011, several US news stations carried footage of anti-government protests in Russia.

Some stations showed Russian protesters marching with flags.  Another station showed protesters waving flags and burning red flares.  Yet, Fox News had amazing clips showing protesters throwing Molotov cocktails, lighting bonfires, smashing windows, and fighting with police in riot gear.

The reason that Fox News had such exciting footage is because although they were describing protests in Moscow, they were actually showing footage of riots in Athens Greece!

Russian news agency Pravda - itself not known for the quality of its reporting - noted that the Moscow protests “appeared to be too boring and ordinary for Fox News producers.  They wanted some action, which was obviously missing in the video reports from Moscow.”

Pravda later drolly added that “it is quite possible that American and European TV viewers will soon have a chance to see drunken Cossacks riding bears, playing balalaikas and terrorizing peaceful demonstrators in the streets of Russian cities somewhere in Egypt.”

Awesome!

When the truth is boring, why not just make it up?

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Note: The original Fox News link to this broadcast (Protester's Express Outrage Over Russian Elections) has been taken down.

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"There's absolutely no truth in this malicious rumor that I starting running mad cow disease stories simply because Angus Black, the great British beef baron, lost ten thousand pounds against me in a game of poker and refused to pay up.”

“Elliot Carver,” evil news baron in the James Bond film, Tomorrow Never Dies

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