You make your case as if you have proof, which you likely don't. It's a moot point.
This trope needs to die already.
“Unfounded” paranoia
That's not a dirty phrase either - regardless of what the media memo said back then.
That's what I'm suggesting.
Your mind will see what it wants.
For some people out there, this kinda shit keeps them safe/alive.
There were vulnerabilities in the software, but nothing that allows the governments to break the encryption with. The Windows client had some privilege escalation attack but that doesn't allow decryption of data at rest. On Linux TrueCrypt is still fine to use, the only downside is, the password based key derivation function is starting to show it's age. However, provided your password is around 128 bits, that's not a problem.
I suppose the fact that it contains words that start with TIN (TrueCrypt is not) provides sufficient justification for your hat, anyhow.
> WARNING: Using TrueCrypt is not secure as it may contain unfixed security issues
The fact that they use awkward wording that contains words whose first letters that start with NSA (not secure as) is pretty suggestive that you are right.