A major new nonprofit investigative journalism effort was announced today -- ProPublica -- that will certainly have a huge salutary impact on the health of our media, and by extension the health of our democracy. This is a important development.

ProPublica is an independent, non-profit newsroom that will produce investigative journalism in the public interest. Our work will focus exclusively on truly important stories, stories with "moral force." We will do this by producing journalism that shines a light on exploitation of the weak by the strong and on the failures of those with power to vindicate the trust placed in them.