I like your explanation for why Lois believed Lex.

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“You presented Lex with a problem: your goodness, your naiveté, your quest for justice, your dogged search for the truth. Could he form public opinion through you? Well, obviously he could. Could he make you turn against everything you held most dear?
I never really understood why Lois was with Lex, she didn't seem to love him. I like what Bobby said about it:

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No, not love. Ego. Your pride wouldn’t listen,” Bobby clarified. “You wanted to believe the line he fed you, Lane, because his attention made you feel important.
Joan