In They Live (1988), the ruling class within the moneyed elite are in fact aliens managing human social affairs through the use of a signal on top of the TV broadcast that is concealing their appearance and subliminal messages in mass media. 

Is it possible that regressive aliens with a similar agenda to They Live (1988) have taken a human appearance, and seek to use that appearance to mis-direct humans through the TV media?  Is it possible that They Live (1988) was not simply pure fiction?

The story revolves around a nameless man referred to as "Nada" (Roddy Piper), a quiet drifter who finds work on a Los Angeles construction site. One of the workers, Frank Armitage (Keith David), takes him to a local shantytown. After eating at the soup kitchen and spending the night, he notices odd behavior at the small church across the street. Investigating, he discovers that the church's soup kitchen is a front: inside, the loud "choir practice" is a recording, scientific apparatus fills a back room, and cardboard boxes are stacked everywhere, including some in a secret compartment that he stumbles across.

That night, the police surround the church, forcing the inhabitants to flee. The police then turn on the shantytown, destroying it with bulldozers and beating the blind minister of the church. Nada returns to the site the next day and investigates the church again, which has been emptied. He takes one of the boxes from the secret compartment and opens it in an alleyway, finding it full of sunglasses. He keeps one pair and stashes the rest in an unused garbage can.

Looking through the sunglasses reveals to Nada that all advertisements and media in the world actually contain subliminal messages designed to control an unwitting human population; billboards, television programs, magazines, and store products now simply display totalitarian commands such as "Obey", "Consume", "No Independent Thought", "Marry and Reproduce", or in the case of money, "This is your God."

Additionally, he soon discovers that many people are actually aliens, who are human-looking except for skull-like faces. The aliens tend to be wealthy upper class members of society, as well as politicians. When the aliens realize he can see them for what they truly are, the police suddenly arrive. Nada escapes and steals a police shotgun; while evading the police, he accidentally stumbles into a local bank filled with aliens. Realizing that the jig is up, he proclaims, "I have come here to chew bubblegum and kick ass...and I'm all out of bubblegum." A shooting spree ensues and after killing many aliens, one of them disappears after twisting a dial on his wristwatch (that resembles a Rolex) before Nada can shoot him. Fleeing the bank, he forces a woman named Holly Thompson (Meg Foster) at gunpoint to take him to her house in the Hollywood Hills. Taking off the glasses to rest, he remarks "wearin' these glasses makes you high, but, oh, you come down hard." Holly tricks Nada and pushes him through her window. He leaves behind his pair of sunglasses and firearms, however.

After recovering, Nada returns to the garbage can in which he threw away the box of sunglasses and finds another pair. He goes to the construction site to talk with Frank about what he has discovered. Frank is initially uninterested in Nada's story because he sees Nada as a wanted man fleeing a shooting spree. The two engage in a long, brutal fistfight as Nada attempts to convince and then force Frank to put on the sunglasses. Finally, when both are beaten and bloody, Nada forces the glasses onto Frank and he sees the aliens around him as well. Frank joins Nada as they get in contact with the group from the church. They learn that a meeting is being held at a local community center later that evening. The community group listens to a seminar in the background introducing radical ideas. For example, the aliens are blamed for carbon dioxide and methane emissions – "They are turning our atmosphere into their atmosphere." With the aid of human collaborators, the aliens are also responsible for using up the planet's resources so quickly: essentially, "we're their Third World". Holly returns, claiming to now believe Nada, and delivers some information to the rebels.

At the meeting, they learn that the aliens' primary method of control is a signal sent over television, which is why the general public cannot see the aliens for what they are. An unknown but brilliant inventor has created a lens called the "Hofmann lens". The lens shows the world as it really is. The sunglasses, which are also available as contact lenses, interfere with the aliens' hypnotic signal. The meeting is raided by the police, who quickly start to kill every person there, armed and unarmed alike. Nada and Frank escape with the help of one of the wrist devices. They find themselves in a network of underground passages that link hidden parts of the alien society including a port for space travel. Through the passages they find the aliens are throwing a party for their human collaborators.

Further passages lead to the basement of a local TV station, Cable 54, and the source of the aliens' signal.   Does the depicted Cable 54 in They Live provide insight into alien infilitration into Earth's TV media?

Below watch the representations of a videographer.  Does the video footage reveal alien-induced gibberish or are reporters having stokes on air?

Reference: Wikipedia