In-depth examination of news industry planned:

“We are going to have economists and journalists and bloggers and people from different parts of the news media, and we are going to think through [what is occurring] and what the future will look like and whether that future — which might be a handful of newspapers and [TV] networks that don’t have nearly as much reach as they once did and 5 million bloggers — is a good thing for American democracy.”

Interpretation: Five million bloggers exercising their First Amendment right isn’t a good thing for American democracy. (Via Silence, who utters the dreaded phrase: Nationalized media.)