I learnt about the incomming subprime crisis not from those newspapers. I was from economic blogs and it was more than a year ago. Dont you think newspapers have lost some of its usefullness, if they cant see these kind of events coming?
Or we're finding out how useless they were all along. The web allows us to dig for what -we- find important; -we- become the editors. And that will keep stupid people stupid, but allow smart people to become much smarter.
