MSNBC's Phill Griffin answers his own question
Addressing students at Vassar College, the cabler chief bemoaned "the parlous condition of traditional news media," according to  a local newspaper account.
Griffin also informed the students that, looking back on the historic 2008 campaign, Sarah Palin ""made this election."
We're pretty sure there's a connection between those two points.
P.S. Griffin complains that the network news outlets are "losing viewers, which means they're losing advertising revenue, which means their ability to do the very expensive job of international and investigative journalism is under serious threat."
But does anyone think that if the three networks had become miraculously flush with cash in 2008 that they would have devoted the windfall to international reporting and investigative journalism?