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I mostly agree with Patrick. The media cattle herd to the latest news event feeding frenzy, then subsequently abandon it.
I was fortunate (?) enough to have been brought up during the Watergate era, when two reporters could uncover and expose presidential wrongdoing, with the assistance of the rest of their peers, and bring down the most powerful man in the world.
I have reached the conclusion that this time period was the golden age of news reporting. It ascended during the Vietnam war, peaked during Watergate and crashed during the Reagan Administration.
Yellow journalism has been around as long as newsprint. "Remember the Maine"? If a reporter today uncovered someone with White House credentials at the scene of a break-in, they would no doubt receive a "national security letter" compelling them to keep quiet about the whole matter.
No guts, no glory, just a hyped-up story...