It's like watching a train wreck.

The implosion of Big Media is unbelievable. The latest: CBS might have fallen for forged documents in their big story yesterday about the President's National Guard service. Of course, in the first place, this really shouldn't have been a "Big Story". After all, the President isn't running on his National Guard record, the way Kerry is running on his Vietnam record. Secondly, this is old news. Four years ago, they tried to dig this story out of the ground with a spoon, and they couldn't resurrect it then. So why on earth would they try to do so now? Well, because they're in a panic, of course, since Bush is looking good in the polls.

Here are some good background sources: The Weekly Standard has a succinct summary and recommendations for what CBS needs to do next. Obviously, Big Media needs some coaching in the "Standards of Journalism" department. But just go to Instapundit, as always, for the best set of links on the story. If you just want to go to one more place, though, click here. Gosh these people are smart.