Bernard Keene gets it right in the Crikey email today:
The Australia portrayed in the pages of newspapers and on talkback radio increasingly bears no resemblance to reality; the "coverage" is an ever more lurid fantasy based on the arch-villainy of Julia Gillard, simultaneously weak and incompetent at governing but fiendishly clever and ruthless at covering up her crimes, while the country she leads goes to wrack and ruin, or at least it will When The Boom Ends or When The Next Global Crisis Occurs or When Financial Markets Lose Confidence. That's if she lasts. Surely she'll be gone within weeks. Some new revelation, some smoking gun, some crucial piece of evidence will destroy her prime ministership. Just you wait.
And we wonder where we'll get quality journalism from when the internet finally destroys newspapers.
If this keeps up we'll be glad to see the end of old media.