Murdoch says Obama win could worsen financial crisis: report

[Amerigo Vespucci]

Source: The Raw Story

Global media tycoon Rupert Murdoch has warned that a win by Democratic hopeful Barack Obama in next week's US election could worsen the world financial crisis, a report said Saturday.

In an interview with The Weekend Australian, owned by Murdoch's News Corporation, the newsman said if the Democrats implemented protectionist policies it would be "a real setback for globalisation".

Murdoch said he did not know whether an Obama administration would deliver on all the Democrats' stated policies, saying "presidents don't often behave exactly as the campaign might have suggested."

But he warned that an increase in protectionism in the US as suggested by some Democrats in Congress, would risk retaliation from China and could threaten world trade.

Read more: http://rawstory.com/news/afp/Murdoch_says_Obama_win_could_worsen_11012008.html

[Newsjock]

1. I usually try to keep my political discourse at a higher level

But fuck you, Mr. Murdoch, sir.

[babylonsister]

2. Murdoch is worried because Murdoch could lose money and power

under an Obama admin. :nopity:

[LynnTheDem]

3. Yes of course so let's vote for JOHN McCAIN, the man who HELPED MAKE

the current financial crisis!!1!

Coz way too many of we Americans are the stupidest fucking MFers on the fucking planet.

And PS; ain't it wunnerful John McCain wanting to give the FILTHY RICH folks more TAX CUTS!!1!

FOUR MORE YEARS of GEORGE W. McCAIN!

[randr]

4. What did Rupert do, hire Joe the economic genius?

The only thing keeping the economy in check is the hope of Obama's victory.

[Democat]

5. a "setback for globalisation"?

Many of McCain's supporters would welcome that - they hate every country except America. And even in America, many of them only love white Republican members of their own church.

[Andy823]

6. I was talking to a financial advisor yesterday

He told me he was "scared" of Obama, but when it comes to the stock markets, he said there would be no problems in the markets if he won! The right wing nut jobs are going to say anything they can to scare people. What the media needs to do, and I am sure they won't, is stress the fact that it was the "REPUBLICANS" that got us into this mess, not the democrats. McCain is proud to have supported Bush, more than most of his fellow republicans, and we all know his "tax break" plan is to give more breaks tot he rich. We need a change that will give us regulations to prevent another market melt down like the one we are in now, and the only way that will happen is if we get Obama in office.

[bronxiteforever]

7. Murdock - What a surprise the 109th richest person in the world hates Obama.

Freaking Badge of Courage that is for Obama!


There is the Blood of thousands on Murdock's withered greedy hands.

Murdoch's publications worldwide adopt hawkish views with regards to the 2003 invasion of Iraq.
http://en.wikipedia.org/wiki/Rupert_Murdoch

[Triana]

9. HA. Yes, very surprising. Very TELLING, at least. n/t

[Triana]

8. So is THIS why the US economy always does better under DEMOCRATS?

Murdoch is full of elephant shit.

EDIT: And he just wants the big FAT tax cut McSame will be giving all the richest folks.

[ben_thayer]

10. Rupert is SO much more knowledgeable than

Warren Buffet and George Soros... You can take whatever he says "TO THE BANK!!"

:eyes:

[cliffordu]

11. Heh. Never could have seen THAT coming...

[lapfog_1]

12. I'm not one that favors out and out communism...

but could we please make an exception for Mr. Murdoch? Sell all of his assets and dismantle Faux Snooze. Redistribute it all.

It's not much, only about $67 dollars for each taxpayer, but that's a check I'd like to cash!

[SDJay]

13. Uncle Rupie's 'news' network is going the way of Dubya

The middle/soft left and right folks are running from his propaganda machine, as we see with their ratings. Soon, they'll only be attracting the 23% or so that think President Dumbass is doing a good job. It must be tough watching his baby getting marginalized and more widely exposed as a complete POS network.

With a guy as rich as Rupie, it's all about relevance, and that's a niche that's disappearing right in front of his evil eyes. Wait until Wednesday, when the freak-outs will be truly historic and entertaining.

[acmavm]

14. OMG first thing on a Saturday morning and I wake up and read where this

lying fuck, a guy that's done sooooooooo much to hurt this country through lies and bullshit, is predicting doom with an Obama win. Now this takes a lot of nerve. (Too early for my profanity chops to be working.)

[ProSense]

15. Maybe that's why Murdoch's paper leaked the story about

Obama's aunt.

Despicable bastard.

[Medusa]

16. This explains the Meme on Faux this morning

yes, I know I shouldn't watch but I like to know what the talking points are. Anyway, they had some financial folks on this morning and they were claiming Obama would tax the upper classes at 50%. :crazy:

[tsuki]

17. *****Correction*****

"owned by Murdoch's and Saudi Prince Al-Waleed Bin Tahal's News Corporation,"

[fourvahl]

18. Murdoch is the 109th-richest person in the world

Murdoch is the 109th-richest person in the world, with a net worth of $8.3 billion. Need we say more?

[olddad56]

19. Fixing the economy shouldn't be that hard. Just do the opposite of everything Bush has done.

[Hansel]

20. For him maybe. n/t

[foxfeet]

21. And when it doesn't, Murdoch will do his best to make everyone believe that it did.

[Binka]

22. This Old Fucker Can Go Shit In A Hat

Who the fuck cares what this nasty old whore says? Fuck Off Rupe. Asshole. Fuckwittage. Bastard.