BELGRADE – The IT billionaires in Silicon Valley and elsewhere and the corporate mainstream media are reacting to Hillary Clinton’s defeat in the US election by seeking to shut down genuine free speech, Wall Street analyst and Trends Research Institute head Gerald Celente told Sputnik.

According to Celente, media are “taking cheap shots at getting even by claiming it was fake news and not that people were disgusted with the Clintons.”

Merrimack College Assistant Professor Melissa Zimdars, a self-proclaimed feminist activist, recently created a list of the allegedly fake news sites. The corporate media extensively covered the list, which reportedly serves as the starting point in creting a nerative suitable to censor alternative and independent media in the United States, including the Daily Wire, Zero Hedge, Breitbart, WND, Red State and Infowars.

Celente recalled that Google had already been accused of repeatedly manipulating search results to favor Hillary Clinton earlier this year. Now Mark Zuckerberg and other Silicon Valley IT billionaires who had enthusiastically backed Clinton are refusing to accept that they had lost fair and square in the established US political process.

“The Zuckerbergs, and the rest of the Silicon Valley billionaires — they lost and payback is tough to take,” Celente stated.

In their accusations that the independent and alternative media were peddling fake news, the huge US corporate media juggernauts were falsely accusing actual journalists of crimes that they themselves have continued to commit on a massive scale, Celente pointed out.

“Fake news? The mainstream media are pros at it. Not a week goes by without a propaganda piece about Syria, Russia, Iran or any of the governments Washington cannot control,” Celente observed. The track record of the New York Times and other major US media outlets in putting out fake news unquestioningly on behalf of the US governments of the day went back more than half a century, Celente recalled.

“Fake news? What fake news are they talking about: Saddam Hussein has weapons of mass destruction and ties to al-Qaeda? No, I think maybe the Gulf of Tonkin incident that never happened. How about the propaganda surrounding the shooting down of MH-17?,” he noted. The alleged attack on a US warship in the Gulf of Tonkin in 1964 was later proved never to have happened, but reports of it were used to push the US Congress into giving President Lyndon Johnson authorization to respond with what became the Vietnam War.

“How about the allegation that US president-elect Donald Trump is [Russian President Vladimir] Putin’s puppet and the Russians hacked into Podesta’s email?” Celente asked.

John Podesta was the head of Hillary Clinton’s unsuccessful election campaign whose hacked emails released by WikiLeaks revealed instances of corruption and questionable and unethical behavior on the part of the Clinton team.

Under a barrage of criticism for losing what their supporters had assumed was a certain victory, the establishment Democrats have responded since the election by criticizing a multitude of allegedly “fake news” sites which they blame for the election defeat. Outgoing US President Barack Obama jumped on the fake news bandwagon during his visits to Germany and Peru, and claimed that fake news harmed democracy.