Yeah, I generally don't read the news much anymore unless I'm bored... I have a friend that reads lots of foriegn newspapers online and I just talk to her when I want to know what's up. :)
I know there are good news people out there - I have a good friend who works at CNN and several journalists in my family. Problems just start cropping up when people are thinking about costs and subscribers and profits; the whole thing gets deluded.