Between the years 2015 and 2020, legacy journalism was in a state of constant outrage for Donald Trump’s manhandling of the press. Oddly, the spirit of camaraderie once so prevalent, and so well publicized, during the Trump years has all but vanished.
There were speeches, official statements, entire books even, condemning his repeated attacks on that bold, brave, and beautiful bulwark of our core democracy. Then-CNN chief White House correspondent Jim Acosta’s personal campaign of self-righteous indignation landed him a book deal, which he squandered on the hilariously titled The Enemy of the People: A Dangerous Time to Tell the Truth in America.
Elsewhere, Rep. Sylvia Garcia suggested Taibbi and Shellenberger had been paid to provide congressional testimony. Rep. Debbie Wasserman Schultz likewise suggested something insidious about the fact that Taibbi makes a living from his reporting, as if receiving paid subscriptions for his Substack newsletter implies he is suspect or untrustworthy. Wait until she finds out the New York Times’s annual revenue in 2022 was $2.3 billion.
Taibbi added: “Normally, when you get a big story, you want the cavalry to come to help investigate, and nobody did, and I think that's been a very troubling aspect. This idea of journalists sticking up for one another and sticking up for civil liberties, which used to be a no-brainer issue in this profession, again, it’s gone. It’s just something that has disappeared entirely from the business.
Under pressure from various Democratic officials, including Gov. Gavin Newsom , who has a financial stake in SVB, the White House announced on March 12 that all depositors at the failed bank would have access to their money come Monday morning — as in, the Treasury will backstop all deposits at SVB, not just the deposits of up to $250,000 insured by the Federal Deposit Insurance Corporation.
Can we really say the White House “saved” or reshaped anything in “far-reaching ways” when we’re so close to the event? Apparently so! “This is what happens when competent, mature grown-ups are in charge,” ex-CNN correspondent John Harwood, who remains unemployed, said.
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