Biden’s Decline, Media’s Role, and Trust Lost

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May 24, 2025

How could a president's decline be hidden for years? Uncover the media's role in this scandal and what it means for trust in politics...

Financial market analysis from 24/05/2025. Market conditions may have changed since publication.

Have you ever wondered what happens when the truth is buried under layers of loyalty and agenda? It’s a question that’s been gnawing at me lately, especially when I think about the state of American politics. The recent revelations about a former president’s mental decline, hidden for years, aren’t just a scandal—they’re a wake-up call. This isn’t about one man or one party; it’s about a breakup of trust between the public and the institutions meant to serve them.

The Unseen Fracture in Public Trust

Trust is fragile. It’s like a glass vase—beautiful when intact, but once shattered, nearly impossible to piece back together. For years, whispers about a president’s waning mental capacity were dismissed as rumors or political attacks. Yet, as the truth unraveled, it became clear: those in power, along with their allies in the media, knew more than they let on. The fallout? A nation left questioning not just leadership, but the very systems that shape our understanding of reality.

In my experience, when trust breaks, it’s not just about the initial betrayal. It’s the ripple effect—the way it changes how we see everything else. The public’s faith in institutions, already shaky, took a brutal hit. How do you rebuild when the gatekeepers of truth seem complicit in deception?

A Hidden Truth and Its Consequences

The signs were there, weren’t they? Stumbling speeches, moments of confusion, and a carefully curated public image that seemed to defy reality. Yet, those closest to the situation—advisors, aides, and media figures—chose silence over candor. According to political analysts, this wasn’t just negligence; it was a calculated choice to prioritize power over transparency.

Deception in leadership erodes the foundation of democracy itself.

– Political analyst

This wasn’t a one-off mistake. It was a sustained effort, spanning years, to shield a leader’s vulnerabilities at the expense of the public’s right to know. The result? A nation left vulnerable, with a leader whose capacity to govern was quietly questioned by those in the know, while the rest of us were fed a carefully crafted narrative.


The Media’s Role: Gatekeepers or Enablers?

Let’s talk about the media for a second. They’re supposed to be the watchdogs, right? The ones holding power to account. But in this case, many acted more like cheerleaders than journalists. Some might argue they were protecting a greater good—staving off political chaos or shielding a vulnerable leader. I get it; it’s a tough call. But when does protection cross into complicity?

Here’s a quick breakdown of what went wrong:

  • Selective reporting: Key moments of concern were downplayed or ignored.
  • Narrative control: Stories were spun to deflect criticism, often dismissing valid concerns as partisan attacks.
  • Lack of accountability: Few faced consequences for withholding the truth, leaving the public in the dark.

This isn’t just about one outlet or one reporter. It’s a systemic issue where loyalty to a cause—or fear of backlash—trumped the duty to inform. The media’s job is to shine a light, not to cast shadows.

The Political Game: Power Over Principle

Politics has always been a messy game, but it’s gotten uglier. It’s no longer about serving the public; it’s about winning at all costs. Both sides—let’s not kid ourselves—are guilty of this. When one team hides a leader’s decline to maintain control, and the other uses that betrayal to justify their own excesses, where does that leave us? In a stalemate, that’s where.

Here’s a thought: what if those in charge had come clean early on? Would the outcome have been different? Maybe. But admitting weakness doesn’t win elections, and that’s the problem. Politics has become a zero-sum game, where team loyalty outweighs national interest.

Power corrupts, but secrecy destroys trust.

– Ethics scholar

A Nation Divided: The Fallout of Distrust

Perhaps the most heartbreaking part of this saga is how it’s deepened our divisions. When trust in institutions crumbles, people retreat to their corners. One side sees the cover-up as proof of a corrupt elite; the other doubles down, insisting their cause is still just. It’s a breakup of sorts—not just between people and their leaders, but between neighbors, friends, and families.

Let’s look at the numbers to put this in perspective:

IssuePublic Trust Level (2025)
Media28%
Government22%
Congress15%

These stats, drawn from recent public opinion research, show a grim reality: trust is at historic lows. And when trust fades, so does the ability to govern effectively. We’re left with a polarized nation, where each side feels justified in bending the rules to win.


Can We Rebuild What’s Broken?

Here’s where I get a bit pessimistic. Rebuilding trust isn’t like fixing a leaky pipe—it’s more like trying to glue a shattered vase back together while someone’s still swinging a hammer. The institutions that failed us—media, government, political parties—aren’t exactly rushing to own their mistakes. Instead, they’re doubling down, pointing fingers, or pretending it never happened.

But let’s try to be practical. If we want to mend this breakup of trust, here are some steps we could take:

  1. Demand transparency: Push for leaders to be open about challenges, even when it’s uncomfortable.
  2. Hold media accountable: Support outlets that prioritize truth over agenda, and call out those that don’t.
  3. Engage in good faith: Stop seeing every disagreement as a battle to be won.

It sounds simple, but it’s not. The truth is, I’m not sure we’re ready to do the hard work of rebuilding. Too many are still caught up in the fight, too invested in their team to see the bigger picture.

The Bigger Picture: A Republic at Risk

I’ve always believed that a republic thrives on trust—not blind faith, but a shared belief that those in charge are at least trying to do right by us. When that’s gone, when every institution feels like it’s playing for its own team, the whole system starts to wobble. History shows us what happens when distrust festers: division, chaos, and sometimes worse.

Think about it. If we can’t trust the media to report honestly, or our leaders to act in our interest, what’s left? A nation where every side feels justified in doing whatever it takes to win. That’s not a republic—it’s a battlefield.

A republic without trust is a house built on sand.

– Political theorist

The cover-up of a president’s decline isn’t just a political scandal; it’s a warning. It’s a sign that our institutions are prioritizing power over principle, and that’s a dangerous road. If we don’t find a way to rebuild trust, we risk losing something far bigger than an election.


Where Do We Go From Here?

So, what’s the takeaway? Maybe it’s this: we can’t keep pretending everything’s fine. The breakup of trust between the public and our institutions is real, and it’s not going to fix itself. It’s going to take hard conversations, accountability, and a willingness to put the country above the team.

I’ll leave you with this question: Can we afford to keep fighting these battles, or is it time to start rebuilding? The answer might just determine the future of our republic.

Value investing means really asking what are the best values, and not assuming that because something looks expensive that it is, or assuming that because a stock is down in price and trades at low multiples that it is a bargain.
— Bill Miller
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