If the first point were true, the MSM would have outed or at least investigated John Edwards' Mistress in October 2007, rather than letting it fester until last summer.
If 2) were true, then the liberal media watchdogs would have a lot more work. As in, as much work as we have at the MRC.
The reason calling out the liberal media has become a cottage industry for conservatives is because it is, of truth, so bad.
Take, for example, this email over at Instapundit:
Off the record, every suspicion you have about MSM being in the tank for O is true. We have a team of 4 people going thru dumpsters in Alaska and 4 in arizona. Not a single one looking into Acorn, Ayers or Freddiemae. Editor refuses to publish anything that would jeopardize election for O, and betting you dollars to donuts same is true at NYT, others. People cheer when CNN or NBC run another Palin-mocking but raising any reasonable inquiry into Obama is derided or flat out ignored. The fix is in, and its working.
If you have tips, questions, comments or suggestions, email me at firstname.lastname@example.org.