By Global Research
The so-called “debt ceiling debate” which took place in the US this week has been the focus of much media speculation, and has stirred up great concern not only among average Americans worried whether their Social Security checks would arrive in the mail, but is also reflected in global markets worldwide as weak economic reports have caused drastic fluctuations.
Since Obama signed off on raising the federal debt ceiling, CNN has blasted doomsday headlines such as “‘Total Fear’ Grips Markets” and MSNBC touts “Stocks pile on losses amid worries about the global economy“. Not to be outdone,The Economist recently posted the unequivocally sinister headline, “Thursday’s markets bloodbath: Shock and ugh!“
It is time to step back from the panic and understand what is happening. The mainstream media is having a heyday with sensationalized reports which at their core are masking several critical and grim truths. But you won’t hear this from the amply-funded corporate media; it is truth-driven journalists writing for independent news outlets like Global Research who have been working overtime to ensure that readers get the real information behind America’s ongoing economic turmoil. We can be sure that statements like the following, all posted this past week by Global Research contributors, will not make mainstream headlines:
The reach of mainstream media is broad and insidious, but their ability to tell the truth is bound and gagged by the corporate interests that fund them. Therefore it is essential that truthful articles and analyses like those listed above reach the widest possible audience.
Here at Global Research, we will continue to deliver incisive articles which run against mainstream currents by virtue of the fact that they convey the truth, but we need the support of our readers to help us achieve this. Certainly there is no denying that the global financial picture is bleak, so we realize that financial support of independent media may well be beyond the means of many of our readers. But we assure you that every amount, great or small, truly makes a difference and goes directly to our operating costs.
Therefore, we ask that you take a moment to consider what independent media means to you and the consequences of not having multi-perspective news outlets like Global Research to cut through the disinformation, and consider supporting us in any way you can.