We are living in an alternative universe wherein we are led to believe that we have a democracy, and that the media is on the little guy's side, speaking truth to power. However, as we who actually see through the purple haze of the purple prose that we find served up to us daily in the media, it is in fact, the opposite.

There's a very good discussion here (where the quote above is from a comment by "Feral Skeleton") about the role of the media in reporting economics.