fall of the news:
Discussion about a bailout bill for newspapers if they reorganize as 501c3 not-for-profits; the President had this to say about it:
Obama said that good journalism is “critical to the health of our democracy,” but expressed concern toward growing tends in reporting - especially on political blogs, from which a groundswell of support for his campaign emerged during the presidential election. “I am concerned that if the direction of the news is all blogosphere, all opinions, with no serious fact-checking, no serious attempts to put stories in context, that what you will end up getting is people shouting at each other across the void but not a lot of mutual understanding,” he said.
No lie there, dude. You can’t make news organization hot profit centers or milk cows for your big corporation with turning them into worthless piles of tabloid junk, centered on the cheap and dirty and not getting people to understand and think.