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LA TIMES ENDORSES OBAMA….I won’t try to pretend that the LA Times endorsing a liberal candidate is some kind of harbinger of social upheaval, but still: they haven’t endorsed a presidential candidate for over 30 years. This year they’re endorsing Obama:

We may one day look back on this presidential campaign in wonder. We may marvel that Obama’s critics called him an elitist, as if an Ivy League education were a source of embarrassment, and belittled his eloquence, as if a gift with words were suddenly a defect. In fact, Obama is educated and eloquent, sober and exciting, steady and mature. He represents the nation as it is, and as it aspires to be.

They still like McCain because they think he’ll cut taxes more on rich people (seriously, that’s what they say), but they also aver that “the presidential campaign has rendered McCain nearly unrecognizable.” Perhaps. Or maybe stress reveals character more than they think. That aside, though, most of the editorial is sharply on point. You can read the rest here.

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We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

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