Cross-posted from infoneeds.org Steve Waldman's talk at the MLS luncheon reminded me of the old Woody Allen joke: 'This guy goes to a psychiatrist and says, 'Doc, uh, my brother's crazy, he thinks he's a chicken,' and uh, the doctor says, 'well why don't you turn him in?' And the guy says, 'I would, but I need the eggs.' Journalism is crazy sick, says the FCC's media doctor. Waldman thinks place-based foundations should step up with non-profit media initiatives to fill the gap in community journalism. 'Well, I guess that's pretty much now how I feel about relationships. You know, they're totally irrational and crazy and absurd and, but uh, I guess we keep going through it...because...most of us need the eggs.' Laughter for Woody's joke. Mock applause from one attendee in response to Waldman ending on an optimistic note. Waldman, the co-founder of News Corp.'s Beliefnet.com and a former national editor at US News & World Report, has been tapped by the Federal Communications Commission to oversee the regulatory agency's initiative to assess the state of media in challenging economic times and make recommendations designed to ensure 'a vibrant media landscape." His report on the state of journalism in our communities was sobering. The journalism business has been reduced by half or more. Half the number of reporters, half the coverage, half the revenue. And sinking fast...