CITIZEN MURDOCH: David Ignatius opines on Rupert Murdoch's brand of anything-goes journalism, and discusses the rise of the Murdoch sensibility. "The trouble with the Murdoch empire is something that Alexander Hamilton, America’s wisest observer of the dangers of populist rhetoric, would have understood. News Corp.’s identification with the common man seems to have bred an arrogance and contempt for traditional rules. In the name of the masses, anything goes. Sadly, these qualities are characteristic, through history, of those who claim to speak in the name of the people and, buoyed by mass popularity, begin to cross the lines."

BREAKING: Murdoch, News Corp. withdraw bid for BSkyB, the Washington Post is reporting. "Rupert Murdoch's News Corp. withdrew its bid for Britain's largest pay-television broadcaster Wednesday as British Prime Minister David Cameron came under intense opposition fire for his close relationship with journalists linked to the phone hacking scandal at the company."

HUFFPO'S CHALLENGE: Jack Shafer explains.