jeff jarvis at the guardian writes, the punch line of the snowden affair when we can't trust what government tells us, we come to trust those who government doesn't trust. thus, we no longer necessarily care what the official line is and who delivers it. and when that happens, access, the currency of the beltway becomes worthless. ah, the irony. so, jim, this report was out, it was prepared, i should say, before the president made those comments and before the president made some changes to the way the nsa operates. >> right. >> so should we trust everything they're saying now? >> the government is there to help you and protect you. peggy noonan wrote a perfect column on friday that said the net result of this is to turn americans solidly paranoid. i think they might be angry as well. but if i were the president, i would stop making statements that seem to be undercut two or three weeks later. >> i think "the wall street journal" and the "new york times" stories on the nsa ruling, the 2011 ruling that we were just talking about really raises some profound questions about whether or not these

jeff jarvis writes -- the punch line of the snowden affair when we can't trust what government tells us we come to trust those who government doesn't trust. thus we no longer necessarily care what the official line is. and who delivers it. when that happens, access, currency of the beltway becomes worthless. the irony. jim, this report was out. prepared, i should say, before the president made those comments and before the president made some changes to the way the nsa operates. >> right. >> should we trust everything now -- >> the old joke, we are here for the boston and here -- to help you, protect you, it is -- look, peggy noonan wrote a terrific column on friday in which she said the net result of this is to turn americans into, quote, solemnly paranoid and fatalism -- no, i think they may be angry as well. look, this -- if i were the president i would stop making statements that seem to be undercut by his own actions a week or two later. >> what about the mainstream media coverage? it seems to have sort of -- dismissed this scandal? >> i don't think it did. i think "the wall str

> amazon founder jeff bezos send a thunder bolt through the media world with the surprise purchase of the washington post. what it means for that world and what os may do. rebecca jarvis background. >> reporter: the paper that brought down nixon and breaking news for a century made news. after 80 years, the graham family told the washington post for $250 million to amazon founder and ceo jeff bezos. >> we will become a place that does its traditional jobs but tries things. and i hope it will succeed. >> reporter: it won't be easy. circulation is down 40% in the last decade. bezos told employees in order to turn it around, we will need to experiment. which is exactly how amazon got started. today it's worth more than $130 billion. surpassing expectations as he told sin they ya mcfadden in 2009. >> did you have any idea how it was going to work? >> no, the business plan was very modest compared to what happened. >> reporter: bezos didn't alone. other billionaires have jumped into the print business. what does he do next? it's innovate or die. >> it's dangerous not to evolve. if you want to ensure your extinction, cease to evolve. >> reporter: thr "this week," rebecca ja