Job Security ...from CNN??

Hilarious post from Instapundit:

THE BLOGGERS' FULL-EMPLOYMENT ACT OF 2004 JUST PASSED: Jonathan "Pajamas" Klein has just been named President of CNN.

New slogan: "CNN -- now with the credibility of Sixty Minutes!"

ha :)

Of course, what is the level of credibility of Sixty Minutes, now that Dan Rather has resigned the anchor desk, but will stay on as a "news" Correspondent? Is it up or down, do you think?
Updates and commentary on this are vast at RatherBiased.