Interesting: How Obama Put Meltdown Engineers In Charge

Barack Obama has placed the architects of the U.S. financial meltdown in charge of saving the country, writes Mother Jones cofounder and investigative journalist Jeffrey Klein in this interesting item. "This is a Ponzi scheme far beyond Bernie Madoff's imagination. Simply put: The government is breaking the rules of capitalism to reward the most reckless capitalists," Klein writes.

TAGS: interesting, markets

The Biz: Web News Surpasses Print, But Papers Grow in Popularity Too

The web surpassed newspapers as the source of most Americans' news in 2008, but the news is not all horrible for traditional media, according to this survey by the Pew Research Center. Forty percent said they got most of their national and international news from the internet, up a whole bunch from 27 percent in 2007. TV is still the main source, cited by 70 percent. But despite lots of talk about how print is dead, newspapers are holding their own. Thirty-five percent cited newspapers as their main source, up a percentage point from the previous year. This interesting earlier Pew report talks about how various segments of media consumers integrate online and traditional news sources.

TAGS: future of journalism, the biz

The Biz: Why New Orgs Are Failing to Harness Online Ads

Happy New Year! Hope you had a good, restful holiday. This interesting item from Newsosaur on how news organizations are failing to harness online advertizing properly isn't about investigative journalism, but I think it's appropriate for the times. Best wishes in 2009!

TAGS: future of journalism, the biz