It's not really much different than it ever was, and in fact somewhat better. Two hundred years ago there were privately printed papers which carried whatever news they got from similar papers around the globe. It was usually weeks old and went into the back pages. The headlines were usually the printer's personal opinion and reflected whatever political and moral bias he might have. Today's news outlets couldn't say the things they did then without getting sued.
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“Never do anything you can't take back.”
—Rocky Russo
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