CNN Lets Audible 'Bulls--t' Go Totally Unedited

Vulgarity sure seems to be more and more commonplace on cable these days.

On CNN's "Reliable Sources" Sunday, CNN not only let an audible "bulls--t" go totally unedited, but host Howard Kurtz didn't even acknowledge that it had occurred (video follows with transcript and commentary):

HOWARD KURTZ, HOST: I wonder if it has to do with the fact that Jon Kyl is not exactly a household name. If Michele Bachmann had said this, I bet you everyone would have cove covered it.

MARK MCKINNON, "THE DAILY BEAST": I think that's true, but it's a testament to what's happening now in our politics, that politicians, or somebody who's been around as long as Jon Kyl, could think he could go out and say something that's not intended to be a factual statement and get away with it. And if you turn that around and think about what he was saying, is that it's not intended to be a factual statement, then it was intended to be a misleading statement. I mean, he's acknowledging that it was completely bull.

KURTZ: No other explanation.

Bear in mind that McKinnon was President George W. Bush's media adviser. You think he'd know better.

Yet also curious was that this went "unbleeped." To my knowledge, all of these networks operate with a few second delay for exactly this reason.

There's no question that's what McKinnon said. So, how'd it get through?

And what about Kurtz making no mention of it when it happened or apology after the fact?

Is CNN saying that this is now an acceptable word on the supposedly most trust name in news?