Talkers Fear Losing Top-Dog Status

Louis Story of the New York Times is as good as any female fixture on your typical FoxNews panel. Louis loves Uncle Sam and speaks with a sibilance. Like GOP devotee Ann Coulter, Story thinks that investigating and further regulating Standard & Poor’s, Moody’s and Fitch—credit rating agencies all—is a good idea, as if that act would alter the reality of America’s debt, public and private. (The first amounts to $15 trillion, the last to $50 trillion or thereabout, I believe.)

Isn’t it interesting that so many sinecured commentators, no matter their brand of political whoring (Republican or Democrat), are furious about the downgrading of America from its status as best, AAA borrower? Is it patriotism that powers the fuming pundits? Not at all; Rand and Ron Paul are true patriots.

SAVING FACE VS. FACING REALITY. Here’s what’s a foot: The media talking heads are props to the politicos. They are all paddling as hard as they can to save face, even if it means not facing reality.

The talkers are a mirror image of the political class, reflecting and reinforcing the opinions—and the reality—of the elites. More often than not, the chattering classes are as privileged and protected as their masters. As long as they play to the “Demopublican Monopolists,” and sustain the respective parties’ constituencies, media “mavens” will retain their perches, their pensions, and their sizable salaries.

But what if they lose top-dog status? The Talkers are upset that as the dop-dog country loses its economic prestige and power in the world, so too will they be degraded in the world. Perhaps they fear, instinctively, a world in which we switch on RT or Al Jazeera to hear what their babes are saying? They should.

Considering the US’s economic vital signs, our professional gabbers are up the creek without a paddle.