Every four years, we notice that the media is more biased than the last time. It seems less able to be fair and more overt in its sympathies with each presidential campaign. But this year takes the cake.

The nasty reporting about Sarah Palin, one of the most appealing figures to emerge on the national scene in many years, has been shocking.

Victor Davis Hanson just about sums it up:

“Indeed, the media itself — in private, I think — would admit that while have learned almost everything about Tasergate and the Bridge to Nowhere, we assume that at some future date a publicity-starved, megalomaniac Rev. Wright will soon offer his post-election memoirs, detailing just how close he and a President Obama were. Or we will learn Barack Obama and Bill Ayers, as long-time friends, in fact, did communicate via phone and e-mail well after Ayers had told the world, about the time of 9/11, that he, like our present-terrorist enemies, likewise wished he had engaged in more bombing attacks against the United States government. And the media never wondered whether a Palin’s falling out with those who ran Alaska might have been more of a touchstone to character than Obama’s own falling in with those who ran Chicago….

“While Gov. Palin’s frequent college transfers and Idaho degree are an item of snickering among pundits, none of them can claim to care much about Barack Obama’s own undergraduate career. To suggest that he release his undergraduate transcript is near blasphemy; to scribble that Sarah Palin’s Down Syndrome child was not her own is journalism as we now know it. To care that Joe Biden is vain, with bleached teeth, the apparent recipient of some sort of strange facial tightening tonic, and hair plugs is deservedly mean and petty; to sneer that the Alaskan mom of five bought a new wardrobe to run for Vice President is, of course, vital proof for the American voter of her vanity and shallowness.

“Third, from the match-up of Joe Biden and Sarah Palin, we discovered that our media does not know anything about the nature of wisdom — how it is found or how it is to be adjudicated. For the last eight weeks, Palin has been demonized as a dunce because she did not, in the fashion of the class toady with his hand constantly up in the first row, impress in flash-card recall, the glasses-on-his-nose Charlie Gibson, or clinched-toothed Katie Couric.”

This report that New York Times stock valuation has been reduced drastically to junk status is good news—but it’s not going to have any impact for a long time.