The sad truth is that what Olbermann and O'Reilly were doing in this particular instance was one of the rare examples of good journalism on these types of shows. Olbermann was holding O'Reilly's feet to the fire about his repeated falsehoods and embarrassing positions. In turn, O'Reilly was giving the public accurate and disturbing information about General Electric, including extensive technology dealings with Iran. (italics his) In my personal opinion, this was one of the rare useful pieces of information O'Reilly ever presented to his audience, and Olbermann was there to show how lousy the rest of O'Reilly's information was. Though it was in the context of a bitter feud, the two men were actually engaging in real journalism, at least in this case.
This is well worth the read.
I make no apologies for my support of Keith Olbermann in his crusade against O'Reilly and Fox News. I am unimpressed by the whole "he's just a liberal such and such angry commentator, no better than the rest of 'em" argument. I've never heard any such criticism coupled with any real dissection or analysis of any specific point Olbermann has made. Too much work, I guess.
It's certainly true that KO gets ridiculously silly sometimes, and I don't watch all the time, mostly because I don't need a reminder that Rush Limbaugh is a cocksmack. But Fox spews, on a daily and nightly basis, right-wing invective and hate-speech, and Olbermann was doing the right thing in propping up a counter-balance of sanity. I sincerely hope he can continue.