Rupert Murdoch’s New Business Channel

November 26, 2007 

The Facts 

Back in February of this year there was an announcement by News Corporation that it will be starting a new “Business Channel”. Rupert Murdoch owns the controlling interest in News Corporation, the same corporation that owns Fox News. News Corporation says it wants to start this channel because CNBC is “anti-business”.  

My View 

OK! If you are a big fan of Fox News and think Rupert Murdoch is the savior of America (and maybe the rest of the world), then you are probably very happy about this. However, if you are not an extremist Republican; an executive or owner of a big company; a very rich person; an employee of Fox News; an elected official of Congress; an appointee by the White House; and, in general, do not think only rich and powerful people should have a say-so in the future of our country & its citizens; and do not subscribe to the old adage of “once a stable sweeper, always a stable sweeper” (pheeew!), then you should be extremely worried and upset.  

Since this announcement, there have been several articles published about this venture, but you don’t see or hear much about it on television. Why is that? Maybe it’s because when you are “sneaking up on the enemy” it is best to keep a low profile. Remember who does the reporting; do they fit in the group of pro-Murdoch’s? 

Rupert Murdock believes that he, and only he, knows how our country should be structured and regulated. Under a Rupert Murdock rule, we would have a country than none of us would recognize. To begin with, he would appoint himself as absolute ruler. Working people would have little or no wages, and no ownership. They would exist only in a variation of slavery.  

If Murdoch thinks CNBC is anti-business, one has to wonder what his definition of pro-business is. CNBC is nothing if not a public relations department for big business. Does anybody remember Enron? Right up until the day of the “big announcement” on Enron, CNBC was propping them up. They were doing the same thing when all the big “dot com” companies failed. And they have not changed. They hardly ever question anything that comes from the executive offices of big business. In essence, they simply “read” what they are fed from big business; no investigation to substantiate and no questions when the information doesn’t make sense. What more does Murdoch want; CNBC to “invent” positive & negative news, or “spin” business news the same way that Fox News does? Yes; but he wants to be in control of it. Can you imagine what kind of business news you would be getting if it was reported by the same standards that Fox reports the “regular” news?  

There are always down sides to a person gaining so much wealth and power, and this is about as bad as it gets. There are a lot of very wealthy people in our country, but most of them are happy with just yielding power over their own kingdom. But Rupert Murdoch is trying to make his kingdom the entire United States, if not the world. He even owns a major university in Australia (remember, he is also an Australian citizen). Can you imagine what they are required to teach?  

I have mentioned in many of my posts the need for the working class citizens of our country to take back the power we have given away. And the only reason Rupert Murdoch feels he can become our dictator is because he knows we have given away our power to those he has bought off.  

Read a little more in-depth information on Rupert Murdoch. In particular, on how he managed to get preferential treatment under the Reagan Administration and circumvent most of our FCC laws. You will also read of his stand against pro-labor (the working class).