Another big city newspaper bites the dust. This time it's The Seattle Post-Intelligencer, which has morphed into an online only news outlet. Not everyone is crying over it, however, with at least one reader who believes it wasn't just the Internet that killed it. As a person who has spent my entire adult life in the media, I can only tell you that the old business model no longer works, not just for newspapers, but for radio and television stations as well. You simply cannot make enough money from advertising (and, in the case of newspapers, that includes classified advertising) to cover your costs, as those ad dollars are shifting, along with the audience, to online outlets. The online outlets, born as they are in an environment where so much content is offered to the audience for free, are organizations with low overheads. Newspapers are not. So, I expect this trend to continue. Say goodbye, eventually, to newspapers. Over-the-air radio and TV will hang on longer, but they may also be on their way out.

Peter Canellos, referring to Jon Stewart's lashing of Jim Cramer on Comedy Central the other night, says the mainstream media needs to return to it's ideals. Canellos seems to lack a complete understanding of the history of the media, as those ideals have been, and still are, fungible, based on the fact that like so many other American institutions, the outlets exist, and are kept in existence, to make money.

Richard Cohen, also referring to the Cramer-Stewart drama, says Stewart shouldn't blame Cramer or CNBC for missing the story of the financial shenanigans that would eventually lead to the collapse, since even the people who ran the big institutions didn't know what they were doing.

President Obama and his people are looking for a way to cancel those A.I.G. bonuses.

The head of the American Legion is disappointed after a meeting with the President over a proposal that would allow the VA to charge the private insurers of veterans for care they administer.

Amir Taheri believes America's allies are disappointed with the early efforts of the Obama Administration, and may be on the verge of panic.

Israel is inching closer to a right-wing government.

Shelby Steele has this interesting piece on why conservatives cannot win over minorities in America.

Thomas Sowell has this piece on the brewing civil war inside the GOP.