Can media regain our trust?

I have decided this book is a prime example of what is wrong with the educational system in this country. Furthermore I find it hysterical that we are supposed to start a blog and reguritate what some other people think instead of writing our own thoughts on the matter. Didn't blogs start by people wanting to get their ideas and feelings out in the open? Now the blog has been hi jacked by the educational system and instead of people getting in tune with their thoughst and fleshing out ideas we are being order to be drones and vomit out other peoples idea.
To answer the question though I have to ask a question, namely has the media lost our trust? The popularity of Bill O'Reily, Keith Olbermann, Glenn Beck, and Rachel Madow, to name a few, seem to indicate that people still trust the media. In my opinion the media won't be trust worthy until it is a publicly own company. Corporations always have and always will have their own interest at heart, and until the day the news is publicly own, there will be a basis. This also is in a sense an economic issue. The bulk of American Politicians, especially on the right, follow the economic policy's of Milton Friedman. In a nut shell Friedman believe that any government interference in the economy, weather it be minimum wage laws, or regulation on industry's, will cause distortions that will lead to an economic crisis. In other words industry's that should never be privatize, such as our media, are privatize. The government stepping in and not allowing privatization of anything is a major no no in Friedman playbook. Sadly, what I have just wrote reeks of socialism which for some reason has become a bad word in American society.