Dan Froomkin wrote a really good article about journalism, On Calling Bullshit.
"Mainstream-media political journalism is in danger of becoming increasingly irrelevant, but not because of the Internet, or even Comedy Central. The threat comes from inside. It comes from journalists being afraid to do what journalists were put on this green earth to do. What is it about Jon Stewart and Stephen Colbert that makes them so refreshing and attractive to a wide variety of viewers (including those so-important younger ones)? I would argue that, more than anything else, it is that they enthusiastically call bullshit."
"The return of Democrats to political power and relevancy gives us the opportunity to call bullshit in a more bipartisan manner, which is certainly healthy. But there are different kinds of bullshit. Republican political leaders these past six years have built up a massive, unprecedented credibility deficit, such that even their most straightforward assertions invite close bullshit inspection. By contrast, Democratic bullshit tends to center more around hypocrisy and political cowardice. Trying to find equivalency between the two would still be a mistake – and could lead to catty, inside-baseball gotcha journalism rather than genuine bullshit-calling."
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