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They can create something out of nothing, and make something of value an irrelevant nothing.
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And now it's *proven* to be legal to LIE to the viewing audience! Have a look at this link :
Appellate Court Rules Media Can Legally Lie
In the past we could at least trust the media networks to tell the truth (abeit only one side of an issue) - but now they have the freedom to lie to their audiences...