In Manufacturing Consent (1988), Herman & Chomsky, presented the “Propaganda model” and it’s components: Agenda Setting by Predetermine, Select, Shape, Control and Restrict by: Selection of Topics, Distribution of Concerns, Emphasis, Framing of Issues, Filtering of Information and Bounding of Debate.
From September 2008 we have seen these unfold before our very eyes, but also a strong sense of inverse relationship between importance and relevance, claimed- and actual responsibility, crime and punishment.
What is almost entirely missing is the ‘Technical’ Bankruptcy of the Central Bank (CBI), easily the biggest, most costly and singular, with its political ramifications right at the top of the political sphere.
The SIC report, 21.4.3 The CBI, talks about ‘communication problems’ and, that, “it cannot be considered desirable to appoint former politicians as CBI Governors, as has been the practice at the CBI for many years.” (?)
The Special Prosecutor needs 3 – 4 years to investigate the banks, while the Central Bank gets Zero?
Who needs Aircraft Accident Investigations when the Banks are to big to fail, just like RMS Titanic.