Under intense pressure to boost circulation and trim costs, John S. Carroll, the editor of the Los Angeles Times, stepped down yesterday. That move, of course, led to a lot of hand-wringing and navel-gazing by the MSM. New York Times editor Bill Keller, who knows a thing or two about newspapers losing credibility, says that the line between newspapers and blogs continues to blur:

"We've only got two things that distinguish us from blogs. One is we have reporting staffs who actually go out and see stuff and are trained professionals. And we have standards which are enforced by editors — you double-check things, make sure it's right — and all that costs money. If you aren't giving people the basics — good reliable news, smart analysis and in-depth investigations — then all they're going to see is the same stuff they can get on cable TV."