Most Trusted Man in America; "And that's the way it is . . ."; President Johnson: "If I've lost Cronkite, I've lost Middle America."

Legendary CBS anchorman Walter Cronkite, 92, long known as the "Most Trusted Man in America," is gravely ill, according to multiple CBS News sources and published reports.

Following Cronkite's editorial report during the Tet Offensive that the Vietnam War was unwinnable, President Lyndon Johnson is reported to have said, "If I've lost Cronkite, I've lost Middle America."