The Continuing Crisis
More on Big Journalism's credibility crisis, from L.A. Observed, a blog about "Los Angeles media, culture and history ... mostly," looking at the reaction to the leaked memo from Los Angeles Times editor John Carroll explaining how liberal bias crept (marched boldly?) into an LAT story on abortion. This page has the full text of the memo and a link to the original story. We link, you decide.

Meanwhile, Powerline provides a solid unraveling of how the Financial Times of London distorted the truth and inserted a lie about the Bush administration into the mass media, and proves "the thrust of the article published by the Financial Times, and elaborated on by CNN, the BBC, Reuters, and, no doubt, just about every newspaper in America by tomorrow morning, is the precise opposite of what the Financial Times reporter was told by one of the authors of the supposedly "buried" study."

UPDATE: Donald Luskin has a different, but just as excellent, deconstruction of the Financial Times lie.

Ya know, if the mainstream media provided accurate, balanced, in-depth coverage, we bloggers would have a whole lot less to blog about.