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by AlexCoventry 3472 days ago
> This is some serious FUD, pretty standard for Newsweeks bitcoin reporting

Newsweek has been a tool of US propaganda for a very long time.

  From his first days in power, Allen Dulles polished the public image of the
  CIA, cultivating America's most powerful publishers and broadcasters, charming
  senators and congressmen, courting newspaper columnists.
  
  He found dignified publicity far more suitable than discreet silence. Dulles
  kept in close touch with the men who ran The New York Times, The Washington
  Post, and the nation's leading weekly magazines. He could pick up the phone
  and edit a breaking story, make sure an irritating foreign correspondent was
  yanked from the field, or hire the services of men such as Time's Berlin
  bureau chief and Newsweek's man in Tokyo. It was second nature for Dulles to
  plant stories in the press. American newsrooms were dominated by veterans of
  the government's wartime propaganda branch, the Office of War Information,
  once part of Wild Bill Donovan's domain. The men who responded to the CIA's
  call included Henry Luce and his editors at Time, Look, and Fortune; popular
  magazines such as Parade, the Saturday Review, and Reader's Digest; and the
  most powerful executives at CBS News. Dulles built a public-relations and
  propaganda machine that came to include more than fifty news organizations, a
  dozen publishing houses, and personal pledges of support from men such as Axel
  Springer, West Germany's most powerful press baron.
  
  Dulles wanted to be seen as the subtle master of a professional spy service.
  The press dutifully reflected that image.
p. 88 of Legacy of Ashes

https://books.google.com/books?id=UlCPDQAAQBAJ&printsec=fron...