I suppose the standard Fox set for itself, "Fair and Balanced," a standard it never actually tried to live up to, has finally been exposed to be nothing more than a slogan, mere puffery.
It means that no one - not Bill O'Reilly, nor Sean Hannity, nor Megan Kelly, nor the braintrust that anchors Fox and Friends - can in good faith claim that they are reporting the news without spin, or that any interview conducted is evenhanded.
I never believed Fox News was fair and/or balanced. But now, by the very actions of the parent News Corp., Fox News, they of mighty rating and poor journalism, has been publicly reduced to what they have always been: the mouthpiece of the right wing of the GOP.
It seems that some lyrics of one of my favorite bands applies here:
"Pat yourself on the back and give yourself a handshake, because everything is not yet lost."