The Changes in Journalism

We all know: newspapers are dead. Soon, our news will be in snippets, off Twitter, Huffington Post, online "baby versions" of newspapers, and web/media sources of small videos or miniscule articles about something. Conservatives believe that newspapers already lie and skew the news. Liberals believe the news never carries complete facts.
And, the average American can read to the 8th grade level, why the USA Today was first marketed from TV look like "news stands", complete with color pictures, and simple articles.
The death of journalism as we know it will and can be good and bad. Snippets we read will have incomplete information, and if we as people are not smart enough to ferret through the facts, who the author is, and what they are really saying (not just the snippet) we'll know only what we have read.
Someone must pay for there to be journalism. Ads pay. Online ads will pay less, so the paid journalists will become fewer than those "bloggers" attempting to sell their books, or become known.
The genre will shift.
For the trader it means several things:False facts will proliferateInformation overload, often incorrect, will "trigger the market"Only the truly educated trader/citizen will be able to see "past" what is "presented" to them.The solution is READING. Study points of view written by educated men and women that show a true reflection of society.
Recommended Readings: Bloomberg News, Harpers Magazine, The Atlantic, Rolling Stone (don't laugh, cutting edge politics), The Nation, articles by Roubini and Krugman, true economists studying the effects of the market, not guys working at "firms" trying to get press for themselves.
There is no such thing as free news. We must know this, and we must "smartly" anticipate the incomplete information we are reading, about the market, and about our world.