Howard Kurtz Creates New Term (or, First Time I Heard It At Least): `Punditocracy` [Love It!]

“If Obama somehow manages to lose, it will be a stunning defeat for the nation’s first African-American president. But it will also be a crushing blow for the punditocracy that headed into Election Day filled with confidence that Obama had it in the bag. And Fox News won’t let the mainstream media hear the end of it.”

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