1) Community Engagement will become the Driver of Local Media

Local news used to be the province of the local newspapers, radio stations and TV. It’s become clear consumers will digest local news online as newspapers shut down, and on the Internet, all media are equal – TV, radio and print websites compete for the same eyeballs. A swelter of recent big media portal deals – for example, MSN/NBCU/Hearst,  to cover local news threatens local media institutions through sheer size and scale. Curatorial portals – Huffington Post’s local editions and Outside.in (with investment from CNN among others to support content development for CNN Local editions) will aggregate the news, and local reporter infrastructure will be nurtured at citizen journalist engines like Examiner.com or AOL’s Seed.

Here’s the problem: local is local. Media portals need to figure out how to engage the community at a grass roots level so they have drivers and participants pushing the conversations and attracting their peers.  Portals believe they can scale and develop the website traffic required to support a local advertisement model. However, communities may develop their own home grown commercial systems for the same reasons why “buy local” is becoming a mantra; and the portals aren’t entitling ownership of their local media systems to the community. For that reason, a community may rather spend its local advertising dollars with an on-the-ground local publisher like Minnpost or OaklandLocal, or even a Chamber of Commerce sponsored local media resource than CNN Local.

2) Mobile + Local advertising = Penny Saver 2.0

The first local advertising and search media are starting to emerge: Postabon facilitates the broadcast of local discounts and coupon offers and Milo searches for specific products at the large chains like the neighborhood Best Buy by accessing the store’s inventory database. Expect popular geotagging applications like FourSquare and Gowalla to integrate local coupons and product search. These coupons are not perceived as advertisements. If they save you money, they are called “unexpected cash”.

These systems help solve the consumer impulse buy decision (“I’m shopping at the mall tomorrow, what stores are having sales?”). Traditional search engines haven’t been able to answer these temporal questions down to the local level (try querying Google to find a snowboard sale in your town this weekend).

Related: Examples of Twitter hyperlocal advertising models

3) Mobile + Advertising + Pubsubhubbub = Alert systems

The real time web is pushing business society into a new value paradigm that rewards those who can react instantly and systematically to opportunities. A concept not unlike Wall Street program trading, these new systems work on alerts that ping users for decisions. Mobile devices eventually won’t need “refreshes” to alert; they are always on and by extension, almost coerce its owner to be “always on”.

For consumers, marketing companies like Local Thunder will connect merchants with their community through rich media content development and RSS feeds for alerts. Google’s Pubsubhubbub essentially deploys RSS feed data in real time so alerts can be time and location targeted.

We start getting into Augmented Reality / Minority Report territory when coupon alerts popup as one walks by a store, but some company will make this real time location based alert system a reality, if not a hit, by the end of 2010.

4) Advertising as Content

Infomercials got it right; advertising as content engages customers at the story telling level. And the content may be ridiculous:

new ad from the California Milk Board

Today’s business can no longer resort to trite marketing, and say “buy from me because I’m honest… high touch… lower priced… give great service” with a straight face any more. It now comes off as, well, an advertisement.

Advertisements used to be crafted to lead into the “call to action”. In 1960′s Madison Avenue’s ideal world, consumers would make the purchase decision based on the facts presented in the ad or by the incessant aggregate impressions made in what has always been called “branding”.  In the fuzzy world of social media marketing, where is the call to action?

5) Everybody becomes a marketer, and some will become sales closers

The call to action still originates from consumer need. A call to action may simply be an attractive price, but in many circumstances, the transaction close is facilitated by a personal sales pitch or a referral. As advertising becomes content driven, the combined testimonials for a product or service become far more persuasive to support the call to purchase. Testimonials and ratings of local services (like the current standards  Yelp.com and Citysearch) will be built into every local media resource (see Postabon‘s rating system). In fact, Yelp has elevated the standard so that the 5-star review is becoming the minimum parsing criteria for real estate agents because so many have this grade.

Bad, or even 4 star reviews are now potential disqualifiers

So how can somebody profit from providing testimonials and otherwise supporting the marketing efforts of others around them? Locals will do the same things they did pre-Internet with their Chambers, Lion’s Clubs and networking groups – support each other. New social media – enabled referral systems will be built out locally through Facebook and LinkedIn groups, and through the new local ad applications.

The bigger trend will be the development of local affiliate marketing systems that compensate referrals. Think of websites that have an Amazon affiliate widget or link that compensate owners if their users go through the widget to buy Amazon stuff. Companies will provide applications to build local merchant guides for use by other local business websites to create networks of affiliated services. And local affiliate marketing systems is only a start; affiliate marketing programs extend sales forces without adding overhead, and we’ll start seeing mainstream adoption by enterprises developing strategic partnership programs.

Related: The essence of affiliate marketing

5)a) Everybody can become a traveling sales person

Anybody can become a virtual mobile storefront using the upcoming Square, a secure, simple to use iPhone application with a credit card reader that allows anybody to become a street merchant. Point-of-sale becomes redefined when anybody can potentially sell anything anywhere.

6) Virtual socializing and Webinar ubiquity

Webinars are social media too. They are already changing the landscape on how people meet for business on the cheap, and worry the airlines.

2009 British Airways face-to-face campaign

Current webinar systems like Webex are still too difficult to use. Within 2010, some company will develop a simple to launch, one-click web meeting system that can broadcast live discussions across ad hoc participant groups. Call the concept adhoc webinars. Why will this work? Webinars can become venues like happy hours where groups can meet and share. The key is ease of use, anybody should be able to participate so weekly scheduled meetings can expand as more people know about them. Imagine Robert Scoble producing a one-click webinar party every Friday afternoon to discuss ideas – he would essentially have an interactive TV program that can be produced on the fly without studios and cameras.

Virtual socializing is the natural evolution to social networking because it’s location independent. One example in the real estate world are the virtual REBarCamps that aggregate speakers and audience together in a virtual national conference.

7) The grass roots Web

Website and application development should be simple enough for normal folks who know nada about code, but still want to custom develop a clean, workable application by themselves without hiring tech talent. The ascendance of plug/play blogs and WordPress themes and plug-ins, and Ning based social network applications facilitate the quick building of applications by non-techies. Add in automated features like Facebook Connect, Twitter Lists, Posterous posting, and the latest mini-applications that provide snippets of value to the website, and website development is becoming accessible and experimental to the masses. However, I’m frankly surprised there isn’t more activity to provide simple plug/play applications to individuals and SMEs… will 2010 be the year?

Speaking of websites, the next great media company won’t have a website (h/t Steve Rubel).

Related: How to build a community media resource

8 ) The stream is more important than website

Anybody immersed in the social media already knows this. The content stream constitutes a conversation, and can be perceived as far more “real” than a calculated marketing-focused website presentation. The same new paradigm that makes an advertisement seem  promotional applies to websites. Yes, conversations can happen on websites but there are likely many more occurring on Twitter, Yelp, Facebook and other blogs that are deemed more credible because they are third party commentary.

fr. Fast Company http://bit.ly/5bRTxL

AshtonKutcher.com the website does not exist. He is a Twitter celebrity whose breakthrough social media credential was challenging @CNNBRK to a 1,000,000 follower contest. Media presence isn’t just website traffic, it’s providing value to the readership through new media channels… which leads us to the reason why anybody can now become a media resource, if not a media star:

9) Curation is the new syndication

Mass media used to rule syndication, now anybody can curate and present content across a panoply of social media platforms. Curating breaking news is key to readership – it’s the reason why people follow CNN, Marketwatch or engadget. Twitter has distinguished itself as the forefront application for breaking news, and anybody can use Twitter Lists to curate Twitter feeds by topic, geography and industry. Curation tools, like Outside.in Publisher for hyperlocal news, are being developed for local content publishers.

Curators are the new news editors, and the window is open to create new media properties. Curated local media will be a focus because there’s a media void that both national media and independent journalistic efforts are now trying to fill (see #1 above).

Related:

Hyperlocal curation of real time news

Build a dynamic community media resource on Twitter in one hour

10) A new era of open social media (the adjective “social” will soon be redundant)

Facebook and LinkedIn are closed networks simply because they require confirmation of “friend” status. Frankly, it’s just too much manual clicking to accept a lot of friends. Twitter has distinguished itself as an open network that can amass networks of millions of followers, and is the application closest to a personal broadcast media. Facebook certainly sees the power of massive networks (being the biggest one itself), and in order to compete with Twitter’s broadcast power, will unveil similar broadcast functionality. Simply put, in 2010 Facebook will create an opt-in setting that allows users to open their status updates to anybody who wants to follow them. Becoming a Facebook Fan today is similar but statuses can’t be filtered within the main feed. Once 350+ million Facebook broadcast systems are potentially unleashed, they can be curated categorically like Twitter Lists and conversations more conveniently filtered. Yes, Facebook already has Friendfeed as the model, but it needs to be simpler to use, and will likely cede to a new Facebook open network product.

LinkedIn can open itself up the same way. Since LinkedIn is a more industrial network, value would be derived from curated lists developed by users based on industry or discipline. Although LinkedIn Groups encourages industry conversations, they are generally sparse and hard to follow if one has joined many Groups.

Once networks open up, conversations become even more multi-channel than they are today. A Tweet that gets syndicated across Facebook, LinkedIn, and other networks will provoke dialogues characteristic of each network. Clients like Tweetdeck and Seesmic see this coming and have integrated multi-channel monitoring systems. In the latter part of 2010, evolved versions of Google Wave and the Google OS, and possibly Facebook, will provide the same multi-channel operability integrated into their offering.

Related: Check my 2009 predictions for social media last year.

Big media investment into hyperlocal media properties continues with CNN’s partial investment in Outside.in as reported at Paid Content.org. CNN likely plans to leverage Outside.in content to develop local aggregated news for CNN Local editions. My first thought is why does CNN need a content aggregation service when they can do essentially the same thing with local media sources themselves? If it’s for aggregation expediency, what they need is a content management system.

Look at another other big media play into hyperlocal – MSNBC’s August 2009 purchase of Every Block. So far, the most prolific content aggregated by the small Every Block team of 6+ people are police calls. Most are public civic data. The content is impersonal.

BIG MEDIA’S NEED TO SCALE VS. LOCAL MEDIA’S NEED TO ENGAGE COMMUNITY

Big media’s play into hyperlocal only scales if the data aggregation and curation of news sources can be automated from a back office team based in one office building. The weakness in this virtual local news strategy is the impersonality of syndicated content. The key to connecting with the community audience is on-the-ground staffing, who will also support the marketing push and civic outreach.

Huffington Post is filling the void for coordinating local journalist outreach by tapping TV producer Willow Bay as Senior Editor for their new LA edition . Examiner.com recruits local writers. Big media will eventually realize they need to create a lot of local networks, and not rely on a backroom tech operation, to become viable local media. The one-size-fits-all model for templating local news may potentially position them as Media McDonalds. Existing local media in every city now have a window of opportunity to fortify their brand in the face of the potential onslaught of big media’s local plays.

The venerable NYTimes unveils TimesWire tomorrow in its attempt to “real time” its reporting. New articles are fed into TimesWire as soon as it’s published, but the stream of articles is slower than a ticker tape. I think it needs to open up to other journalistic sources to create a compelling stream of news and articles.

The moral of this story is: media organizations, even the NYTimes or CNN, can’t position themselves as the sole sources of news to a dedicated reader/viewership in this real time reporting world. News consumption will cross various media sources, from Twitter to blog feeds to the NYTimes. Media, both new and traditional properties, that can package and customize this real time news for distribution will attract traffic. That means any media organization trying to firewall their proprietary content behind subscriptions will ultimately fail unless it is provides tangible value, like stock trading data based on real time news feeds.

I sometimes ruminate over new concepts for 24 hours to figure out their implications rather than jot down a quick “yowza” blog post. CNN.com and Facebook’s integrated coverage of the Obama Inaugural yesterday was striking because it was the first time I saw all my Facebook friends come to life in a unified, mostly coherent conversation.

In social network applications like Twitter, Friendfeed and Facebook, conversations are siloed. I don’t feel a part of the ecosystem until somebody or I start a conversation. An event like the Inauguration lays down a contextual foundation for the conversation so everybody feels involved. It’s the reason why we go to live sporting or concert events – Facebook provided a proxy for “being there” by gathering all the people I know (at least on Facebook) in one room.

This is one of the powerful applications of Facebook Connect that will surely be used in connection with other events, live or programmed (as in movie watching), to provide the same social experience by proxy. Yes, the conversations may be boring or obnoxious, but that’s like any other cocktail party. I think this is addictive.

The Portable Graph is essentially a massive database of contacts residing in various social networks. Some social networks can be defined as either “walled” or closed, for intimate or group association, or open, for amassing a broad, popular network.

Cartoon from Office Offline

Closed networks like LinkedIn and Facebook require “two-click” friend confirmations. A salutation is sometimes protocol (I try to say hi to new Facebook acquaintances). These hurdles take time and make it harder to build networks quickly.

Open networks like Twitter and Friendfeed don’t require friend confirmation, just one click on the “follow” button. They facilitate the building of massive stranger networks united by an amalgam of relationships with the hub. This network of strangers can form the basis of a broadcast network.

Friendfeed made it hard to develop a massive network because it was so cumbersome to find friends to follow. They just made it easy by offering a tool that imports Twitter contacts also on Friendfeed. I just made Friendfeed a massive network by importing all those Twitter contacts, and will now focus on Friendfeed as a broadcast application.

Social networks once kept themselves walled to keep users inside and engaged, just like the Berlin Wall. They are now realizing that import tools that facilitate friend portability is a killer app. Facebook Connect is also a type of import tool demonstrated most strikingly today during CNN.com’s coverage of the Obama Inauguration. That’s a separate article:

Final note, 26% of my Twitter following were also on Friendfeed.

FIRST, WHY ARE THERE NO NEWS PRODUCERS ON TWITTER?

Twellow is the best application to find Twitterers grouped by occupation. I perused through the News category – noted a lot of freelancing journalists and some reporters, but no news producers or editors.

Twitter makes it easy for a community to tip the news media

News producers should understand that news sourcing has become social because anybody can now feed them story ideas. Moreover, news producers should FOLLOW others so their potential citizen news sources can DM (direct message) them with story ideas and breaking news that are best transmitted privately. News producers can provide journalistic value by positioning themselves as media hubs in their community.

MAINSTREAM MEDIA HIDES BEHIND THEIR CALL LETTERS AND BROADCASTS ONE WAY

Advice to mainstream media – don’t hide behind your call letters or mastheads on Twitter – use your real reporter and producer names like WUSA9. And don’t arrogantly just use Twitter blatantly as a one-way broadcast media- this is old media think and keeps your brand isolated from your constituency. Following others who you respect as news sources will expand the distribution network you will leverage as a media hub. And those you follow will be appreciative.

MAINSTREAM MEDIA STILL CALLING TWITTER UNRELIABLE NEWS SOURCING

Granted, individual Twitter sources are not trustworthy at face value. What makes citizen journalism credible is the aggregation of individual sources into a collective, accountable voice. This is what makes citizen review sites like Yelp more trustworthy than the Twitter-like pronouncements of a Zagat‘s restaurant review; Yelp’s statistical samples are large enough to prove its results, and Zagats is a black box.

Citizen sources are much closer to breaking news events (as seen in Mumbai and Gaza), and the “reporting” or research / interpretation of the news can be performed by either mainstream media or citizen sources. Dave Winer makes the case that the social media does vet and report news (his diagram above).

It seems obvious that once mainstream media surrenders its position that only they can report news by sending out salaried news crews and cameras, real economies of scale (think free) of news sourcing happens. Mainstream media can then add quality (and value) by filtering interesting stories arising from a magnitude more citizen sources than they have now. Twitter is, in essence, a massive extension to their 800-”hotline”. Now, if the media would only listen.

KUDOS TO MAINSTREAM MEDIA WHO ARE SERIOUSLY EXPERIMENTING WITH TWITTER

Let’s congratulate a few news media companies and individuals that have put together a comprehensive Twitter presence.

Tori Blase, CNN – the only major news producer I see out there

Dave Courvoisier, KLAS TV anchor, Las Vegas – thanks for your sincere offers of help

WUSA9, Washington DC

Patrick O’Brien, WUSA Web Director – Patrick introduced me to the whole WUSA team on Twitter.

Peggy Fox, Anchor

Stephanie Wilson, News Producer

Angie Goff, Traffic Anchor

Lindsey Mastis, Digital Correspondent

Lesli Foster, Consumer Reporter

Kim Martucci, Meteorologist

Sara Walsh, Sports / Skins Uncensored

Andrew Nystrom, LA Times Social media and tech blogger – Andrew seems to be coordinating a massive effort to build media channels by category at the LA Times.

LATimesTweets lists all 59 LA Times Twitter feeds

Related articles:

The New Web 2.5 Opportunity: Create Media Hubs

The Future is LA Times.com, not LA Times the Paper

Slow Death of Traditional News Syndication

TODAY’S ONLINE CONTENT FATIGUE

Web 2.0 could be described as a phase in the evolution of the Internet that facilitated individuals in creating content within the constructs of social websites (blogs) and social networks (as participants). User-generated content was the New New Thing when it first appeared refreshingly on blogs (in 2002 blogs were being recognized as media), MySpace (2003), YouTube (2005) and Facebook (in 2006, it opened up beyond colleges).

Now, the discovery phase of Web 2.0 is over. Thinking bird’s eye level, all the content that needs to be online is now online. For example, there are literally thousands of articles (and videos) about how to raise your credit score, and using Google isn’t really going to help you find the best or most appropriate advice. Conclusion: content creation is now not as highly valued when it’s already ubiquitous and en masse.

However, one kind of content is still prized; it’s in the taglines of CNN and Huffington Post: “Breaking News“. Breaking news, in all its forms from reporting to analysis, holds the most social and economic value – world society reacts, trades and competes with New News.

MEDIA 2.5 – POSITIONING AS THE HUB OF BREAKING NEWS

The mainstream media finally figured out that journalist content creation also didn’t need to be salaried. Breaking news can now be reported by anybody in Mumbai or Gaza. Media measures its worth by traffic, and solidifying the market position of being the hub of Breaking News is where Media 2.5 is headed. That means having producers like CNN’s Tori Blase on Twitter‘s front lines receiving and monitoring news stories and alerts from her Twitter network. This reinforces CNN’s status as the breaking news hub when it has dispatches at the borders of citizen journalism. News sourcing is social, every news producer must do this to stay connected with the new citizen news sources and be relevant in the future.

WEB 2.5 – EMPOWERING WEB 2.0 INDIVIDUALS TO CREATE BREAKING NEWS MEDIA HUBS

The New New Media Properties have none of the mainstream media overhead and infrastructure for collecting breaking news – Huffington Post, Politico and video-based Funny or Die are the collaborative media that Web 2.0 facilitates. All they need are writers/video producers who want syndication, and what aspiring journalists/producers will turn that opportunity down? These sites have become talent agencies that trade talent exposure for content quality, and in turn elevates their online presence and traffic.

The window is open, but nobody sees it’s open yet. Any organization, company or even a team of like-minded individuals can now create Politico-type blog network/breaking news distribution properties cheaply by leveraging Web 2.0′s blog and website design applications. A key distinction needs to be made in developing a media property – the content being created and distributed must be quality controlled to attract traffic. Social networks built on platforms like Ning won’t work due to noise and content credibility arising from any yahoo who wants to be a participant. The mainstream media understands this distinction and have been augmenting their journalistic offering with a J-School trained blogger corps (examples: NYT, SFGate), basically trading in the name “column” for “blog”.

Web 2.0 facilitates individuals. Web 2.5 facilitates the development of collaborative websites. The real estate industry in particular can leverage Web 2.0 tools to create collaborative websites that position real estate agents as local “reporters”. Properties like Homescopes leverage Web 2.0-savvy real estate professionals to break local news like the details of recent home sales only they would know about. Seth Godin mentions today that real estate brokerages should create local e-newsletters… this idea aligns with the idea of real estate agent as reporter.

You wouldn’t buy GM stock today without checking Marketwatch.com, and consumers will soon understand they won’t put an offer on a house (in this weird market!) based on month-old data. Breaking news is the killer app.

WEB 2.5 – LEVERAGING THE MEDIA HUB TO ATTRACT TRAFFIC (AND ONLINE FAME)

If you want evidence that content creation is taking a back seat to content distribution, see Justin.TV, an online streaming media application initially launched to allow the masses to chronicle their lives in video. Unfortunately, most people’s 24-by-7 lives are excruciatingly boring, and Justin.TV has evolved into the leading do-it-yourself online Cable Access channel network that facilitates anybody who wants to “program” online TV. Naturally, the most in-demand content are the free broadcasts of subscription streams of sporting events and movies… value-based content is king.

And just so content creators won’t complain that I’m positing the “death of content”, on the contrary, good content creators will now flourish, and gain access to exposure and fame much more easily with the proliferation of the new Web 2.5 content distribution channels (and let’s just call them media).

Media hubs/channels are the antidote to content fatigue by facilitating relevant filtering for discovery of great stuff. Guy Kawasaki’s Alltop and Jason Calacanis’ Mahalo are based on nothing more than the collaborative insights of what is online good “breaking news” content. Somewhat autocratic, but a simple formula. It’s no coincidence that both Guy and Jason have attuned themselves to real time trends as well-networked Twitter celebs.

What I’m trying to say is – the opportunity is build these media hubs is wide open and easy to do… the challenge is to convince your network to participate in your hub. This is the spirit of post-Web 2.0.

Watching Search.Twitter.com updates on the Gaza crisis, I’m struck by Twitterers, new and established, being set up to cover the conflict:

@Gazanews

@TweetsfromGaza

@AJGaza Al Jazeera Gaza

@intifada

@mbaa

@Concernedlocal

@supportisrael

Updates:

@nazek88

@mominisrael

@muqata

@mrphilpot

@elizrael

@israelright

I don’t see any Twitterers reporting from inside Gaza, or even Israel, so all the commentary are retweets of mass media news or propagandizing. (update: @nazek88 is apparently reporting from Gaza)

This ad hoc Twitter reporting reminds me of the rise of CNN’s Christine Amanpour, who achieved fame by reporting live on the 1990 Persian Gulf War. Anybody Twittering with domain knowledge of Gaza and Israeli Palestinian relations has the opportunity to provide substantive commentary to a world, including the global mass media, craving real time news and analysis of the situation.

This is a window of opportunity for any citizen journalist to connect with the world at a time of crisis. After the Gaza crisis passes, the Twitterer can continue to position themselves to cover the Palestinian Israeli relationship, and change the Twitter handle appropriately.

Update 1/5/09 12:20am PST: Al Jazeera has set up a special War on Gaza site that allows participants to submit Twitter reports by @AJGaza. So far only a disappointing two reports. (h/t Altered Perspective)

The mass media – CNN, Marketwatch.com, NYT.com – all depend upon delivering “breaking news”  relevant to their audience. It’s been that way since “Extra, Extra, Read all about it”. The “breaking news” play is evident in the institution blog world with properties like Engadget and Gizmodo warring to get the latest tech toy published first.

Breaking news is critical for making time sensitive purchase decisions – nobody should buy GM stock, purchase a home or car, or lock in an interest rate without checking what is happening in the markets and how it impacts their purchase decision.

How Breaking News Real Estate Sites Become a Mass Media Property

The new breaking news websites like Homescopes, a real estate site of blogging Realtors devoted to granularly chronicling the Northern California housing marketing in real time, is a far better resource for analyzing this local market than any journalist writing a weekly real estate column. Homescopes is planning to expand to having 100 real estate “journalists” covering this regional market. Once this happens, Homescopes becomes a bona fide source of professional real estate opinion, and can now leverage their collective knowledge base by teaming up with the traditional mass media for supplemental content delivery. Imagine Homescopes as a part of the San Francisco Chronicle coverage of the real estate market in the Bay Area… Homescopes’ agents benefit from exposure in a mass media publication that is akin to free advertising.

In addition, Homescopes will be able to leverage their portable social graph – readers can log into Homescopes through their Facebook account via Facebook Connect or via similar channels like Google Friend Connect. Like all social media plays, these various Homescopes social networks will build on the trust and credibility that develops among the membership.

Conclusion

Homescopes is singular in the landscape of independent real estate sites by providing breaking news cooperatively and in hyperlocal detail by its participating agents. No other real estate sites – Trulia, Inman News, Realtor.com – can provide this level of local detail in a news feed based format. Simple to build at little cost, all it takes are ringleaders who see the opportunity to replicate Homescopes in their markets.

Related articles:

Homescopes – providing breaking news for the Bay Area housing markets

Entrepreneurial Real Estate Marketing

Incorporate “Breaking News” into the Website and Make Them Compelling Reads

The Portable Social Graph

Tonight on CNN, David Gergen mentions that public perception turned against the Big Three auto bailout when “bloggers” feasted on the Big Three’s executives arriving to the November 19 Senate hearings in corporate jets (“going to the soup kitchen in tuxedoes“). Now they’re driving their hybrids to tomorrow’s hearings, but the gesture smacks of an insincere attempt at appeasement.

I like the way Gergen, who used to be Clinton’s press secretary, addresses “bloggers” as a unique media group, and how he gives them credit for influencing and setting the political tone around this tragic debate.

The press is illuminating the fact that there is a profitable car industry in America, it’s just not in Michigan (read the article). CNN claims tonight that the Senate doesn’t have the votes for passing the auto bailout. So the final option may be just to move the car industry south:

There’s no natural law that America must have a Detroit automotive industry, any more than steel had to be made for all time in Bethlehem, Pennsylvania or textiles in New England. Britain sold off all its car plants to foreigners and was no less an advanced economy as a result, though it was a healthier one. Detroit may yet adjust to avoid destruction in the best spirit of American capitalism. The other American car industry is a model for how to do it.