Just as one broadcasting legend faces his slow downfall, this week also marked the triumphant return of another to the airwaves.

Don Imus, MSNBC's former morning show man who was ousted from his TV and radio time slots for racially charged comments he made about the Rutgers' women's basketball team, returned to TV on Monday on the Fox Business Channel.

The morning shock jock wasted no time at his new home by getting back to his old tricks, lambasting everyone in the biz from David Letterman to his new co-worker Glenn Beck. And the move seems to be paying off since Fox Business scored their biggest ratings hit since ... well, ever.

Do you think Imus should be back on the air?

You might think it's surprising that 20/20 anchor John Stossel is leaving ABC for Fox, but it's not really much of shock. It seems to me that there have been other high profile names that were once considered liberal firebrands -- Geraldo Rivera and Dennis Miller come to mind -- who've grown older and changed their stripes, finding a home at Fox.

Stossel, whom I recall as a staunch consumer reporter and a man who liked to tear down hypocrisy at every turn, has been a regular at ABC News for nearly three decades. Now, he's moving on to Fox Business Network where he'll have a weekly show, and Fox News where he'll make frequent guest appearances.

Um, I don't know if anyone has told you yet, but the economy of the United States, and the world, is in the crapper. Seriously, I saw it one day while doing my business. It was just floating there ... one step away from being flushed into the world of depression. I had to get it out with a piece of toilet paper, and it's now drying on my bathtub ledge. Gosh, I hope it's okay.

Anyhoo, things are bad out there. And, not just for us working peons. This recession is affecting everyone, from the muckity-muck CEOs of the soon-to-be bankrupt corporations, to the hot dog vendor outside of Penn Station whose wieners are spending longer and longer amounts of time in their hot water bath. Somewhere in the middle of this are the television networks. Buffeted by both good and bad news, these former stalwarts of the economy are getting knocked around, as well. The meaning, for us poor schlubs, is a restructuring of television as we know it.