A 64% Dividend From Gold?

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

No more fact-checking for Meta. How will this change media -- and the pursuit of truth?

DAVID BAUDER
January 09, 2025

"Everyone is entitled to his own opinion, but not his own facts," the late New York Sen. Daniel Patrick Moynihan memorably wrote four decades ago.

That seems like a simpler time -- especially when you consider Meta's decision to end a fact-checking program on social media apps Facebook, Instagram and Threads and what the ramifications might be for an industry built to bring clarity and to seek truth itself.

Meta founder Mark Zuckerberg's announcement this week was widely seen in news verification circles as a genuflection to president-elect Donald Trump, whose first term in office popularized the phrase "alternative facts."

Meta is replacing its fact-checking with a "community notes" system reminiscent of X, where it depends on users to correct misinformation on its platforms. In a way, that hearkens back to "he said-she said" journalism, or the view of some political debate moderators that it should be the role of opponents, not journalists, to point out falsehoods. It also hints at something else: the notion that the loudest voices and the best-told stories can win the day.

The moment is a crossroads for the fact-checking industry, which will see its influence sharply curtailed when Trump takes office for his second term.

"In the short term, this is bad news for people who want to go on social media to find trustworthy and accurate information," said Angie Drobnic Holan, director of the International Fact-Checking Network. Her organization started in 2015 with about 50 members and now has 170, some of whom face staff cuts and potential closure because of Meta's move.

"In the long term," she said, "I think it's very uncertain what this will all mean."

Fact-checking in the media is a few decades old

Fact-checking is an odd industry, particularly when you consider that it's a function of all journalism. The concept bubbled up about three decades ago in part to counter "he said-she said" stories and monitor claims in political ads. The organization FactCheck.org, whose primary aim was to help reporters, started in 2003 and the more public-facing PolitiFact four years later.

PolitiFact, started by then-Tampa Bay Times Washington bureau chief Bill Adair in 2007, won a Pulitzer Prize for its 2008 campaign coverage. It called out politicians for bending or breaking the truth in ways often difficult for reporters who were protective of the sources whose voices populated their stories.

By 2012, fact-checkers were under attack, primarily by Republicans convinced many were biased and researched voting records to try and prove the point, said Adair, now a Duke University professor. Trump, he said, "sped up a trend that had already begun."

Some conservative suspicion of fact-checkers has been warranted because of mistakes that have been made, although there were some Republicans who uttered falsehoods and just didn't like being called out for it, said Steve Hayes, CEO and editor of the center-right site The Dispatch.

"The people who practice fact-checking are in some ways saying, 'We are the arbiter of truth, period," Hayes said. "And anytime you do this, it invites scrutiny on the work that you do."

Labeling systems largely didn't help, either. Giving a misstatement the label of "pants on fire," as some fact-checkers have, may be a catchy way of attracting attention but also fostered resentment.

Holan resists the view that fact-checkers have been biased in their work: "That attack line comes from those who feel they should be able to exaggerate and lie without rebuttal or contradiction."

People think truth remains elusive even with fact-checking

GOP suspicion still quickly took root. Journalism's Poynter Institute, in a survey taken in 2019, found that 70% of Republicans thought the work of fact-checkers was one-sided. Roughly the same percentage of Democrats thought they were fair. Poynter hasn't asked the same question since. Yet last year, Poynter found that 52% of Americans say they generally find it difficult to determine whether what they're reading about elections is true or not.

In a column Wednesday on the conservative watchdog site NewsBusters.org, Tim Graham wrote that during the first nine months of 2024, PolitiFact criticized Republican officials for delivering "mostly false" facts 88 times compared to 31 times for Democrats. To Graham, this proves that the idea the site is independent or nonpartisan is laughable.

But is that bias? Or is it checking facts?

Adair used to be reluctant to say what is now the title of his new book: "Beyond the Big Lie: The Epidemic of Political Lying, Why Republicans Do it More, and How it Could Burn Down Our Democracy." He's not hesitant anymore.

"Trump is unmatched as a liar in American politics," Adair said. "I'm not the first to say that. I think he has capitalized on the fact that there has been this pushback on fact-checkers, and showed other politicians that you can get away with lying, so go ahead and do that."

Tension about fact-checking played out during the recent presidential campaign, when Trump's team was furious with ABC News for calling attention to false statements by the former president during his only debate with Democrat Kamala Harris.

Trump's second victory has changed the equation at Meta. Already, X has curtailed its independent fact-checking under owner Elon Musk, a Trump ally. The moves are significant because it removes fact-checking from venues where many users might not otherwise be exposed to it.

On its own, fact-checking "doesn't reach those exposed to misinformation," said Kathleen Hall Jamieson of the University of Pennsylvania, who started FactCheck.org. "It tends to reach audiences that were already knowledgeable and wary."

On social media, fact-checking also became part of the algorithms that drove information to people, or away from them. Material labeled as false would often be downgraded so it received less exposure. To Republicans who have criticized Big Tech, that amounted to censorship. Yet to Jamieson, successful fact-checking is not censorship -- "it's the process of arguing."

Jamieson expressed some optimism that other smart social media users will step up to prevent the dangerous spread of falsehoods. But for fact-checking as it is today to continue to thrive and, even, exist as a journalistic endeavor, Adair said it will likely take influential Republican figures to publicly stand up for the importance of truth.

NewsBuster columnist Graham, in an interview, had a more pointed piece of advice. "My remedy in all arguments about media trust," he said, "is that humility is required."

___

David Bauder writes about media for the AP. Follow him at http://x.com/dbauder and https://bsky.app/profile/dbauder.bsky.social

Continue Reading...

Popular

Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

BigBear.ai, AMD, QuantumScape, Coinbase, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks ended the day on a high note, with the Nasdaq gaining over 1.4% on Tuesday to 19,912.53. The Dow also traded up 1.2% to 43,089.02, while the S&P 500 rose by 1.1% to 6,092.18. These are the top stocks that gained the attention of retail traders and investors throughout the day:

BigBear.ai (BBAI) Stock Soars 21%: What's Going On?

Shares of BigBear.ai are trading sharply higher Tuesday afternoon. The rally comes without any new company-specific announcements.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

Datadog Stock Surges On S&P 500 Inclusion

Datadog Inc (NASDAQ:DDOG) shares are trading higher in Wednesday's after-hours session after it was announced that the company will join the S&P 500.

20 Surprising Reddit Facts To Celebrate Its Milestone Birthday

Here's a look at Reddit's best-kept secrets and odd historical footnotes as the platform turns 20.

Do These 4 Things to Your Bank Account Now ... - Ad

A sweeping U.S. policy could soon let the government track-or even freeze-your bank account. But there are 4 simple steps you can take right now to protect your savings before it's potentially too late.

U.S. employers likely added 115,000 jobs last month as labor market continues to cool

The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Cuban's AI Prediction, IBM's Rise, Musk's New Hire And More: This Week In AI

Top stories on AI, including Cuban predicting a trillionaire, IBM's success, Musk's xAI hire, and debates on AI's impact on employment.

Asia Markets Mixed, Europe Slips, Dollar Weakens Further As Tariff Deadline Looms - Global Markets Today While US Slept

U.S. markets up on trade deals and rate cut hopes, but concerns persist. Mixed economic data, Central bank expectations, and geopolitical risks affect performance. Asia and Europe markets mostly lower, commodities mixed, USD weak on trade uncertainty.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

TORONTO (AP) — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.

Here's Why 'Altcoin Season' For XRP, ETH, SOL Has Not Happened Yet

Cryptocurrency analyst Benjamin Cowen has argued that an ‘altcoin season‘ has failed to materialize due to monetary policy, liquidity and stubborn Bitcoin (CRYPTO:

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

The U.S. has collected $15B from Trump's tariffs - and now, thanks to Title 15, you could claim your own $100-$1,000 instant upfront cash payouts. No stocks needed. Use your phone and this income technique to collect upfront payouts now.

Wall Street Slumps, Dollar Jumps After Trump's Tariff Blitz: What's Moving Markets Monday?

President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports from Japan and South Korea, starting Aug. 1. The new tariffs apply to all goods from the two Asian economies and are in addition to any existing sector-specific duties.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Embed-chart-July Fourth-Pool Party Prices, ADVISORY

JULY FOURTH-POOL PARTY PRICES — chart. A market research company’s preliminary data shows that getting all the gear needed to host a pool party costs less than it has in years. This chart is current as of 07, 03, 2025 and will not update. Source: Numerator

Tariff-Driven Cash Payouts, Right Off Your Smart Phone? - Ad

The U.S. Treasury has raked in $15B from Trump's tariffs - and now, thanks to Title 15, you could pocket $100-$1,000 upfront payouts yourself. No stocks needed. Just use your phone and my #1 income strategy to start collecting now.

Netflix's Squid Game Finale Takes Over Seoul With Massive Parade, Star-Studded Fan Event

Netflix celebrated the finale of Squid Game with a parade and fan event in Seoul, featuring characters and emotional reflections from cast.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Trump Says Jerome Powell Should 'Resign Immediately' After FHFA Director Alleges Fed Chair Lied About $2.5 Billion Renovation Plan

In Big Tech Just Before Congressional Hearing: ReportTrump wants Powell gone over testimony liesTrump demands Powell's resignation after accusations of misleading testimony from Federal Housing Finance Agency Director. Trump has been critical of Powell in the past.

Telegram's Rumored IPO: What Investors Should Know

The buzz around Telegram's potential initial public offering (IPO) has intensified since the company rolled out $1.7 billion in eurobonds.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

Nike Beats The Street And Says The Worst Is Over

Nike Inc (NKE) stock rallies after upbeat fiscal Q4 results. Analysts maintain Buy ratings, raise price targets, citing potential for growth.

With sanctions lifted, Syria looks to solar power as more than a patchwork fix to its energy crisis

DAMASCUS, Syria (AP) — Abdulrazak al-Jenan swept the dust off his solar panel on his apartment roof overlooking Damascus. Syria's largest city was mostly pitch-black, the few speckles of light coming from the other households able to afford solar panels, batteries, or private generators.

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

How to manage ADHD at work and turn it into a strength

NEW YORK (AP) — Jeremy Didier had taken her son to a psychologist for a when she spotted an article about women with the condition. As she read it in the waiting room, she thought to herself: They're describing me.

Ex-Obama Treasury Secretary Jack Lew Sounds Alarm On NYC Under Zohran Mamdani: 'I Worry Deeply'

With Zohran Mamdani officially securing the Democratic nomination in the New York City mayoral race, centrist figures within the Democratic party, such as former Treasury Secretary Jack Lew, are raising questions on the city's future under a self-described Democratic Socialist.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

What's in the latest version of Trump's big bill that passed the Senate

WASHINGTON (AP) — Republicans are getting closer to the finish line in getting their tax and spending cut bill through Congress with a final House vote possible on Wednesday.

Do These 4 Things to Your Bank Account Now ... - Ad

A sweeping U.S. policy could soon let the government track-or even freeze-your bank account. But there are 4 simple steps you can take right now to protect your savings before it's potentially too late.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service