The Man Who Owns the Wall Street Journal

The man who owns the Wall Street Journal is quite the deceptive tool.

In case you didn’t know, Rupert Murdoch took over the media in America.

Murdoch and the Bush administration made a good deal for themselves. In exchange for uncritically and enthusiastically supporting the Bush administration and the invasion of Iraq, Murdoch was allowed to break all the rules, become an American citizen overnight, and go on an endless buying spree of American media outlets.

As an example of how far standards have fallen in America, the FCC now defines shows like Fox’s celebrity gossip program “TMZ” and the Christian Broadcast Network’s “700 Club” as “bona fide newscasts.”

You must recall Murdoch’s pro-war stance?

After the invasion of Iraq an enterprising journalist, Roy Greenslade, reviewed the editorial stance of the 175 Murdoch-owned newspapers worldwide.  Each and every one of them supported the invasion.

This is what Greenslade had to say:

“After an exhaustive survey of the highest-selling and most influential papers across the world owned by Murdoch’s News Corporation, it is clear that all are singing from the same hymn sheet. Some are bellicose baritone soloists who relish the fight. Some prefer a less strident, if more subtle, role in the chorus. But none, whether fortissimo or pianissimo, has dared to croon the anti-war tune. Their master’s voice has never been questioned.”

To Murdoch’s credit, he doesn’t even pretend that the editors he employs are allowed to exercise independent judgment when it comes to questions of serious importance to him – like war. I can only imagine what other ideas are important to him.

He gave us a clue when he explained to an ABC journalist at News Corporation’s final shareholders’ meeting in October 2004: “With our newspapers we have indeed supported Bush’s foreign policy. And we remain committed that way.”

“Most revealing of all was Murdoch’s reference to the rationale for going to war, blatantly using the o-word. Politicians in the United States and Britain have strenuously denied the significance of oil, but Murdoch wasn’t so reticent. He believed that deposing the Iraqi leader would lead to cheaper oil. “The greatest thing to come out of this for the world economy…would be $20 a barrel for oil. That’s bigger than any tax cut in any country.”

I think the odds of us getting hit by an asteroid are better than us ever seeing oil at $20 a barrel again.

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