At the end of Thursday’s CBS "Early Show" co-host Harry Smith interviewed former CBS News anchor Roger Mudd about his new memoir, "The Place to Be: Washington, CBS and The Glory Days of Television News," and teased the upcoming interview by declaring: "And we're also joined this morning by one of the great legends of CBS News, Roger Mudd, who's covered every major story in Washington for decades and worked along some of the best reporters who ever lived." One of those "best reporters," Mudd later explained, was Dan Rather: "There was a front row, Harry. And in the front row was Dan Rather, Marvin Kalb, George Herman, Dan Schorr, Roger Mudd."

Mudd went on to describe Rather and his numerous other colleagues in these terms: "No, it was a -- it was just a great conjunction of very talented, very hard working, very honest, ethical men and women, linked up to 20 years of some of the greatest and most profound stories that could have happened." Of course after Rather’s controversial National Guard story about President Bush in 2004, based on forged documents, the terms "honest" and "ethical" do not exactly come to mind.

Near the end of the segment, Smith asked about Mudd’s famous interview with then Democratic presidential candidate Ted Kennedy in 1979 in which Mudd asked Kennedy why he was running for president. Mudd recalled to Smith: "And his answer was -- it wasn't incoherent, but it wasn't really coherent either. And I think the answer is, Harry, that he really hadn't thought very seriously about why he wanted to be. And that exposed a weakness. That interview was not helpful." Smith later commented that: "Wow and it ended his candidacy." However, that interview was in November 1979, just as Kennedy announced his candidacy and he did not drop out of the race until the Democratic convention in 1980.

Never mind nightly TV newscasts are geared toward older generation. Never mind scandals like Dan Rather and the falsified National Guard documents leading up to the 2004 presidential elections have caused people to look for their news from other sources like the Internet and talk radio.

Former "CBS Evening News" weekend and fill-in anchor and NBC's "Meet the Press" and "Nightly News" co-anchor Roger Mudd places the blame for the decline of television news on there being too many choices - with cable television.

"[B]ut there were so few [good TV news writers] because we became dependent on pictures and that coupled with deregulation of television, when you had three, four networks - and suddenly, there are 20, then there are 50 and now there are 300 and however many - 500," he said. "And as a consequence, the pie that used to be sliced three or four ways is now slivers and as a consequence, everybody is trying to hold on to their little audience and to do that, you got to entertain."