The Demise of CNN Under a New Generation of “Economic Royalist”

by | Feb 28, 2026 | Opinions & Commentary

Larry and David Ellison. Image: Facebook

The Demise of CNN Under a New Generation of “Economic Royalist”

by | Feb 28, 2026 | Opinions & Commentary

Larry and David Ellison. Image: Facebook

The corruption is epic, and whatever the American economy has become, let us dispense with the notion that it is a free enterprise system.

Republished with permission from Steve Schmidt

David Ellison and Bari Weiss will soon control CNN, which means that Donald Trump’s partners and allies will directly control Fox News, CBS News, CNN, Time, The Washington Post, and hundreds more stations. Sinclair Broadcasting controls more than 40 percent of US households alone.

It is an obscenity, and a threat to liberty.

These media conglomerates must be broken up and smashed as surely as the giant technology companies, which have slipped their leash and made clear their intentions. They will learn the hard way about the resolve of the American people.

The “merger” between Paramount Skydance and Warner Bros. Discovery should, first and foremost, be appreciated as a corrupt act wrapped in layers of absurdism, given the role that nepotism and billionaire entitlement shape the entirety of the disgrace.

Among the greatest stenches wafting from the deal is the fact that Saudi Arabia will control roughly 25 percent of CNN.

I suppose the declassified 9/11 files won’t be airing on CNN, nor will any further details about Jamal Khashoggi’s murder.

It’s incredible to think that CNN’s journalists will all be employed by the same people who run Dar al-Reaya in Saudi Arabia, rehabilitation ‘care homes,’ where uppity women are sent.

These are pictures of one woman attempting to escape:

 

The good news is that no one is watching CNN, and less people will be soon.

The propaganda is tedious.

Here is CBS News’ Tony Dokoupil raving about a two-hour- long jumble of madness and sinister lies from Donald Trump’s State of the Union address:

It was an extraordinary speech. The longest joint session in history, the longest State of the Union address in history. In some ways, vintage Trump: combative, populist, historic for other reasons as well.

Yes, it was “extraordinary.”

It’s definitely how Cronkite and Murrow would have done it.

David Ellison doesn’t understand risk.

He thinks he has conquered something.

Instead, he has become enmeshed.

Nothing was bestowed on David Ellison when Lindsey Graham, chairman of the Senate Judiciary Committee, walked him into the State of the Union.

 

The corruption is epic, and whatever the American economy has become, let us dispense with the notion that it is a free enterprise system.

The corruption is fantastical, and every aspect of it will become known in time.

Democrats are going to need to break up the new cartels that have risen on top of our broken democracy, like weeds watered by greed and aggression.

The American people are going to reclaim power from a class of nitwits with gilded glasses that have deceived them into believing that our liberty is for sale.

A new generation of “economic royalist” has risen.

Soon, the corporate media will be completely dead.

It has broken trust.

It has settled when it should have confronted.

It panicked when it should have been resolved.

The truth is out there.

It won’t be on CNN for much longer.

Scott Jennings might get his own billboard soon.

I can see it now. Scott and Bari Weiss and David Ellison all standing together with the tagline: “This is CNN.”

Pity.

Support independent media.

Steve Schmidt

Steve Schmidt

Steve Schmidt is a political analyst for MSNBC and NBC News. He served as a political strategist for George W. Bush and the John McCain presidential campaign. Schmidt is a founder of The Lincoln Project, a group founded to campaign against former President Trump. It became the most financially successful Super-PAC in American history, raising almost $100 million to campaign against Trump's failed 2020 re-election bid. He left the group in 2021.

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