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CBS, the old Tiffany network that was the gold standard in the days of the Murrow boys, is cracking up with a vengeance, in the same mode as some other old liberal entities that are also mired in woes. Like dissolute heirs to great fortunes, the descendants of the old Democrats, the Kennedys, and the civil-rights movement have been living for years on moral and political capital accrued 40 years earlier--and have at last used it up. In their minds' eyes, they are FDR, JFK, Martin Luther King Jr., and Edward R. Murrow at their best. In real life, they are Jimmy Carter, Ted Kennedy, Al Sharpton, and, of course, Dan Rather. What all four have in common is a great future ...
Source: HighBeam Research, Not Tiffany, but Tin: CBS is tarnished, along with other houses of...