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Wednesday, August 01, 2007

 

Good News for Bushies - Murdoch Acquires WSJ

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Rupert Murdoch -- the Rupert Murdoch who owns Fox News Channel which is almost like an extension of the White House press office -- is going to be the new owner of the venerable Wall Street Journal.

The WSJ has a great stable of reporters who produce excellent articles about subjects not confined to the economy and financial sector. But the WSJ's editorials have been skewed for years to espouse the cause of the champions of free market. If Fox News Channel could be taken as an example, expect WSJ to tilt further right. The editors will be frothing at the mouth to oppose a national health care plan. Drug price regulation? Sacrilegious.

And, about Iraq they will be behind the president 100%. How can they not be? If it is good for the arms merchants and contractors like Kellog, Brown & Root (KBR) then it is good for America......and The Wall Street Journal.

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