Diary

Hibberd's Live Feed >> Murdoch: Obama's economic policies are 'naive'

Many of us believe that the Murdoch family is under the tank of Obama especially his daughter. However, this Live Feed’s Hibberd has reported some unexpected statements from Rupert Murdoch himself. The link is inhere.

Among others, Hibberd has mentioned that Murdoch has not regretted the New York Post’s endorsement of the McCain/Palin Ticket.

Following are Murdoch’s major statements as reported by Hibberd.

1. On Obama’s Economic Plan

“I* am very worried. I like Sen. Obama very much. I have met him. He is a very intelligent man. But his policy of anti-globalization, protectionism, is going to be — and card checks — are going to do two or three things. It’s going to give us a lot of inflation. *They’re going to ruin our relationships with the rest of the world. And they are going to slow down the rest of the world, too. And they’re going to make people frightened to add to employment. You are going to find companies leaving this country if it’s — if you put a protectionist wall around it. You’re going to get — his policy is really very, very naive, old-fashioned, 1960s.“

2. On Sarah Palin’s call for regulation:

I think they have been sending out different signals, but I think what she says is right. Clearly, there has to be some more regulation, but we have to be careful what that is. It could make things a lot worse. The more you get the politicians in that don’t know the first thing about banking, even less than me, and God knows what might come out of it.

It gives me confidence that as November 4 gets nearer and nearer, more high-standing Democrats and successful businessmen will speak out what they truly believe about the impending economic disaster called Obama/Biden ticket.

It also makes me believe that “hope springeth eternal”.

Keep praying, my fellow Americans!