In last Wednesday's CNBC-sponsored "Your Money, Your Vote" Republican Presidential Debate, an intriguing question was posed that goes to the heart of the issue "to what extent should America be willing to rely on the private sector for our economic recovery?"
Yes, Stewart clearly eviscerated Cramer the other night. Maybe that made some folks feel marginally better about things, but this sort of pistol-whipping palliative (entertaining as it may be) won't in itself turn the tide.
When we can't compete with a comic in terms of speaking truth to power, then it's more clear than ever that journalism in the US has lost its way. Traditional news organizations have nothing to lose right now.