...And that illustrates the gravest problem facing journalism today. It's not competition from the Internet, or even the loss of local advertising monopolies. If journalism as an industry were producing consistently accurate, forward-looking, and unique reports that helped people live better lives, without ending up underwater on a crappy mortgage, competition from inferior news sources - even cheaper or free sources - wouldn't threaten the industry's survival.
The gravest problem facing journalism today is its continued adherence to a stenographic model of reporting, one that accepts accurate recitation of quotes and data as truthful reporting, overlooking the very inconvenient fact that people very often lie to reporters....
[Terrific Robert Niles insight into journalism - JD]