By way of Memorandum, I see a New York Times article from Richard Perez-Pena:

Paul E. Steiger, who was the top editor of The Wall Street Journal for 16 years, and a pair of wealthy Californians are assembling a group of investigative journalists who will give away their work to media outlets.

The nonprofit group, called Pro Publica, will pitch each project to a newspaper or magazine (and occasionally to other media) where the group hopes the work will make the strongest impression. The plan is to do long-term projects, uncovering misdeeds in government, business and organizations.

Yeah, well, about that…. Brit Hume, tonight:

But a closer look at the group suggests it is not a politically neutral operation prepared to let the chips fall where they may. The Pro Publica organization was created by Herbert and Marion Sandler — former owners of one of the country’s largest mortgage and banking companies. The Sandlers made about $2.5 billion when they sold it. They are major Democratic political donors, who gave all their campaign contributions to Democrats in 2006. They have also been longtime critics of President Bush.

So in reality, what we’re really talking about here is another Moveon .org, and Media Matters.  We’re talking, in reality, about another George Soros.  Which, in itself, as far as I’m concerned, an indictment against those organizations charging that they have been less than fully effective.

Allow me also to point out, that the groups claim that the lack of investigative journalism is why America’s trust in the mainstream media has been dwindling the past 40 years, is pure horse squeeze. The fact of the matter is that that trust in the mainstream media has disappeared in inverse proportion to the amount of predictably leftist slant exhibited by the media. Read again the paragraph from Mr. Hume.  Does it look to you like you’re going to be altering the leftist hills of their content, which was the primary reason for the failure of the mainstream media in this country?  If they really think that left wing attacks under the guise of ‘investigative reporting’ is going to solve that issue, then ultimately they are blinder than the media themselves ever were.

What is required, is an unbiased view, which is precisely why Mr. Hume and his network, sits atop the file just now.

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