Quote of the [whatever].

Journalism ought to be judged not on the profits it makes for stockholders but on the service it provides to democracy.

From FAIR’s intro to their inky exploration of money and good reporting.

3rd place:

The June data showed the economy shedding 465,000 jobs — but even more striking was the fact that hours worked fell by 0.8%. This rate of decline in hours worked is the same as in the period of economic free fall from October to April. It’s good that employers cut back hours per worker, rather than lay people off, but it still means that the demand for labour is plummeting. If hours per worker did not change, this would be equivalent to a loss of more than 900,000 jobs in June.