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# Cowardly Billionaire Newspaper Owners Expose How Trump Has Already Won
October 28 2024
Written by Richard Eskow.
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GUEST COMMENTARY - First the [Los Angeles Times](https://www.commondreams.org/news/la-times-editorials-editor-resigns), then the [Washington Post](https://www.commondreams.org/news/washington-post-endorsement). Two of the country’s largest newspapers, including the one based in the nation’s capital, have now declared that they won’t endorse either major-party candidate for president. That’s irrefutable evidence that, in today’s United States of America, the self-interest of billionaires will always come before the needs of democracy. The financialization of journalism, which is so vital to a functioning democracy, has crushed the concept of a “free press.”
This is what oligarchy looks like.
This is why Democratic rhetoric about “saving democracy” has been so unpersuasive for undecided voters. Anti-Trump voters may know that democracy is important, but working people know something else: that what the billionaires want, they get. It’s hard to ask people to save something they feel they’ve already lost.
*We’ve reached the point where a caudillo—a strongman figure—can openly threaten supposedly independent institutions and suppress opinions he doesn’t like.*
Would a second Trump term do profound harm to democratic principles? Yes. Would this country’s vital institutions be cowed and manipulated with threats, hate speech, revenge, and the hideous lineaments of pseudo-Christian fascism? Yes. It’s a frightening prospect.
That may not be a big deal to this country’s elites, but they’d prefer the stability of a [Kamala Harris](https://www.commondreams.org/tag/kamala-harris) presidency to the unpredictability of another Trump term. It’s better for their business interests. That’s why she’s raising [so much more money](https://www.nytimes.com/2024/10/21/us/elections/harris-trump-campaign-finance.html)than Trump.
But the billionaire owners of the Los Angeles Times and the Washington Post don’t dare act against Trump, who has been open about his pursuit of vengeance and equally clear that he’ll reward his friends with government contracts.
These are the signs that an already-damaged democracy is entering a new stage of decay. We’ve reached the point where a *caudillo*—a strongman figure—can openly threaten supposedly independent institutions and suppress opinions he doesn’t like.
These newspapers’ cowardly actions prove, in one way, that Trump has *already* won. He has stripped the veneer off our democracy and revealed the cowardice and greed beneath it. It is the latest in the series of political innovations Trump has brought to American politics: rule by fear.
Whoever wins the election, we know now that naked intimidation works. The owners of American media are financially dependent on government contracts, tax breaks, and the good graces of the executive branch. Their reporters depend on government officials as sources. That’s why Trump’s threats are working.
*These newspapers’ cowardly actions prove, in one way, that Trump has already won. He has stripped the veneer off our democracy and revealed the cowardice and greed beneath it.*
Democrats could take Trump’s cynical lesson to heart, as Lyndon Johnson might if he were still around. But it would be better to call out a system that allows billionaires to censor the news because a bully is pressuring the billionaires.
What they *shouldn’t* do is talk about “saving” a democracy so few voters believe in. It would be wiser to talk about “restoring” it—although it never functioned perfectly, especially for Black voters and the poor.
Polling bears that out. A July 2024 [Pew Research survey](https://www.pewresearch.org/short-reads/2024/07/10/72-of-americans-say-the-us-used-to-be-a-good-example-of-democracy-but-isnt-anymore/) found that an overwhelming 72 percent of Americans *don’t* believe the United States is a good example of democracy. Democrats were slightly more likely to believe in American democracy than Republicans, but they’re hardly starry-eyed. Less than one-fourth of Democrats think we have an exemplary democracy.
The best way to talk about democracy is as an unrealized ideal. That would mean renouncing the endorsement of anti-democratic figures like Dick Cheney, who ascended to the vice presidency in an undemocratic power grab by the Supreme Court; Gen. John Kelly, who defended [pro-slavery Civil War insurgents ](https://www.nytimes.com/2017/10/31/us/john-kelly-civil-war.html)and committed [ethical lapses](https://foxreno.com/news/nation-world/ex-trump-aide-join-company-that-operates-largest-facility-detaining-undocumented-kids); [James Clapper](https://www.nsl4a.org/nsl4a-announcements/nsl4a-endorsement-harris), who [gave false testimony to Congress](https://www.usatoday.com/story/opinion/2018/01/19/james-clappers-perjury-dc-made-men-dont-get-charged-lying-congress-jonathan-turley-column/1045991001/); and former Attorney General Alberto Gonzales, who [approved illegal torture programs](https://www.hrw.org/news/2006/04/05/open-letter-attorney-general-alberto-gonzales) under President George W. Bush.
I understand that they’re trying to reach Republican voters who are uncomfortable with Trump’s totalitarian tendencies, but how many voters like that are there? This approach may alienate more people than it gains.
*Trump may regain the presidency, or he may not. But either way, he has changed politics forever, reshaping it in his own image.*
In any case, this campaign is almost over—“all over but the shouting,” as the old saying goes. Trump may regain the presidency, or he may not. But either way, he has changed politics forever, reshaping it in his own image. There will be candidates who don’t hesitate to use what he’s taught them this year.
Americans who believe in the ideal of democracy will have to fight even harder for it—now, and for generations to come.
*(Richard (RJ) Eskow is a journalist who has written for a number of major publications. His weekly program, [The Zero Hour](http://www.thisisthezerohour.com), can be found on cable television, radio, Spotify, and podcast media. This article was first published in CommonDreams.org.)*
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