There are really two sides to this story. One is what Jon Stewart points out with what he regards as Fox’s lack of coverage of the NOTW scandal and the other side is the absolute overkill of coverage from Fox’s competitors: CNN, MSNBC and now (LOL) Current TV.

There’s a happy middle ground regarding the importance of this story, and nobody is reporting it that way.

Yes, the scandal is bad, but the giddy reporting by Fox’s competitors that this will hopefully kill off Fox News is as bad as any alleged lack of reporting by Fox itself. The absolute worst case scenarios for Fox is Murdoch steps down — and guess what — Fox News will still kill CNN, MSNBC and (LOL) Current TV in the ratings.