One can definitely take issue with the false equivalence Koppel draws between Olbermann and Fox luminaries. Compared to the conservative network's overt political activism, Olbermann's contributions to Democratic candidates, while improper, don't amount to much. Also, for all his grandiosity, MSNBC's resident blowhard doesn't actually make things up -- the most fundamental distinction in journalism.

A realist, Koppel is surely correct to say there's "not much of a chance that 21st-century journalism will be adapted to conform with the old rules." However, with all due respect -- and a viewer [an English-only one anyway!] seeking international news apart from natural disasters and terror strikes is pretty much limited to BBC World News America, where Koppel's a contributing analyst -- his seemingly reflexive need to position himself as the mean between two extremes demonstrates precisely how "mainstream" thinking fails.

Sometimes, see, Goldilocks can't find the porridge that's just right. Sometimes, when two sources tell very different stories, the truth doesn't lie somewhere between them. Often, somebody's lying. Over the past couple of decades, moreover, America's vaunted mainstream media has found itself hornswoggled by one big falsehood after another. [my emphasis]