I don’t like spending much time on media criticism, and yet the recent spate of “Joe Biden in Decline” exposés deserves some opprobrium because up here on Wall Street, not in Washington, people saw Biden’s increasing decrepitude long before the alleged geniuses in the mainstream media got around to reporting on a scandal bigger than Watergate.
Recall, Richard Nixon was forced out of office in the 1970s for covering up a third-rate burglary. The people around Biden covered up the infirmity of the man whom we needed sentient to run the country and protect the free world.
He so obviously wasn’t.
The MSM didn’t see it or refused to tell the American people the full story in real time for reasons we can all debate.
But Wall Street did tell the story long before these after-the-fact accounts.
Don’t believe me?
Here’s an excerpt from my column from June 2023, a full 13 months before Biden realized he needed to drop out of the 2024 presidential race:
“If [Biden] wants the nomination, it’s his. Unless one day, maybe someday soon or just minutes before he’s officially the nominee . . . he loses his ability to speak and reason even more. Perhaps Dr. Jill Biden confers with real doctors and somehow convinces her stubborn hubby he needs to go into retirement. That latter scenario sounds crazy, I know. It’s also clearly plausible, and increasingly so, my Wall Street sources who get paid a lot to gauge such Black Swans tell me.”
Wall Street still is the place where people make a lot of money. The mainstream media is dying as a business. Here’s another reason why.
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