I'm putting my money on the Palin-ization of politics. Partly this is because the mainstream press is dying anyway, and partly it's because Palin and others are demonstrating that you really don't need conventional press coverage to win. In fact, as Rand Paul and Sharron Angle can testify, it's a real risk. Between YouTube and Twitter and Facebook and blogs and friendly talk radio hosts — as well as more conventional things like TV ads and database-driven phone outreach — who needs the New York Times? Increasingly, I'll bet the answer is, no one.
So far, you haven't seen many Democrats follow this model, but you will. And then what? Whom will the press cover then? Each other?