Sinclair Broadcast Group, the media company that aggressively used its 57 television stations to distribute lies about John Kerry and did everything it could to make sure George W. Bush won re-election in 2004, is on the verge of bankruptcy.

"We made the angels blink and understand the real money had arrived." So said some nasty venture capitalists, quoted by a saner one, rejoicing over swinging their dicks at a startup. One of the reasons everyone else in the startup ecosystem hates VCs is that these guys think they're the "real money." Clearly they've…