The hard truth: Americans don’t trust the news media
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I can't elaborate on the lore intelligently or even recall the source (Tucker Carlson?), but my understanding is that even the Watergate reporting was a glowie op.
Supposedly the guy lauded for breaking the story was a rookie journo with a background in naval intelligence IIRC.
Apparently people in the know opine that there's no way the reporter could've developed the story organically.