I have immense respect for The Wall Street Journal. It is, for the most part, a well-reported, well-written, well-edited example of great American journalism. The WSJ editorial page annoys me about half the time, but the news side is solid. Daniel Henninger, deputy editor of the editorial page, offers a clear-eyed look at the excesses of cable television news. His commentary demonstrates a stark contrast between what it is newspapers do and what it is cable television does. One could use this column to begin an argument that America does not need 24-hour cable news. America needs more solid newspapers.
UPDATE (5:25 p.m.): The Washington Times has this to say.
UPDATE (5:30 p.m.) MSNBC covers it this way.