The New York Times Joe Nocera today writes his mea culpa for supporting the Murdoch acquisition, on the "Fox-ification" of the Wall Street Journal. Hmmm.
Four years ago to the day, (July 17, 2007) long enough to matriculate from college, we printed this brief piece on the Murdoch Empire; a plea to the owning Bancroft family not to sell the Wall Street Journal to Murdoch, whose American empire is supervised by Field Marshall Roger Ailes of Fox News.
It's always interesting to know what changed, and how. Four years ago, the Dow Jones Industrial Average was above 14,000. Friday, it closed at 12,479. Where will the Dow be, on August 2nd if the GOP gets its way and slams a radical, right-wing economic agenda-- benefiting Rupert Murdoch and his cronies-- into the side of the US economy? Down 20 percent at opening.
3 comments:
http://www.zerohedge.com/article/visual-representation-murdochgates-toxic-spiderweb
Tentacles on this will reach far. The initial whistle blower buy from this latest scandal is dead now. Where there is tapping, there is extortion. Wait, it will end up getting really dark.
We need to Target those Politicians who received the most campaign contributions from NewsCorp..............Wait....What?
It was Barrack Obama??????
Never mind!
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