crowdsourcing the news

This comment on a Techdirt article about the future of TV news got me a-thinkin…  Why can’t we completely crowdsource the news in real time?  Is there a site that aggregates live feeds from people on the scene?  News anchors and the commentariat can do their thing and promote their agendas, ok, but I am source-agnostic about most of the news I can use, like traffic and weather and crises/emergencies and such. 

I want a site with cell phone videos from everywhere.

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