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Bob Cusack

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On CNN's Reliable Sources this Sunday, Howard Kurtz did a segment focusing on whether the pundits out there in the media who were telling everyone it would be a Romney blowout, should pay a price for being continually wrong with their predictions. I think Kurtz misses the forest for the trees with his criticism, primarily because any real analysis about just how bad most of the corporate media's election coverage was, would require him taking a look at his own network and not just Fox News.

First and foremost, if we're ever going to do anything about getting the money out of politics, we're not going to get much help, if any, out of the industries primarily profiting from it, which is all of the television stations and radio stations across the country. You're not going to see the pundits out there saying much about all of those advertising dollars when their companies and everyone they work with is thriving because of it.

And then there's the issue of Rove and his ilk on Fox, who was not just that he was misleading viewers with overly optimistic predictions about the election results, but also running a PAC. Fox continually failed to disclose Rove's involvement in the election. They also made a regular habit of bringing on Romney campaign advisers as pundits and failing to disclose their roles as well..

If Kurtz wants to give an honest assessment of the coverage of this presidential election, there's a lot more wrong with it than just pundits getting predictions wrong. And what I noted here is just the tip of the iceberg. Endless focus on polls and the horse race, rather than substance, the issue of media consolidation, fake balance where there is none and a host of other issues are a lot bigger problem than talking heads being rewarded for failure.

Full transcript of Kurtz and his panel's remarks below the fold.

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