America is on the precipice of oligarchy.

Wildwood Crest - America is on the precipice of oligarchy. A handful of people hold an extraordinary amount of wealth and power, and they are eager for more. Billionaires have targeted the news industry as a cheap way to expand their influence. They have snapped up major media outlets like the Washington Post, the Los Angeles Times, and the Baltimore Sun. The ultra-wealthy have used their ownership of these outlets to curry favor with Trump. "Liberal media" was always a lie. "Billionaire media" is reality.