The State, a 100,000+ circulation McClatchy paper in South Carolina that I’d never heard of till this week, is owning — OWNING — the Mark Sanford story.

Good news, failed bankers. The CIA is collecting the worthless flotsam of the great ship Wall Street for “a mission like no other” — economic and financial analysis for the U.S. government!

The bad news just keeps rolling in. Newsosaur Alan Mutter points today to the U.S. newspaper industry’s latest doomsday advertising numbers.