Barack Obama 'could worsen crisis': Rupert Murdoch

Discussion in 'Politics' started by Revmitchell, Nov 2, 2008.

  1. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,320
    Likes Received:
    786
    NEWS Corporation chairman Rupert Murdoch has warned that Barack Obama could worsen the world financial crisis if he is elected US president next week and implements protectionist policies.

    In an interview with The Weekend Australian before delivering the first of six Boyer lectures on ABC radio tomorrow afternoon, Mr Murdoch said the Democrats' policies would result in "a real setback for globalisation" if implemented.

    Mr Murdoch said he did not know whether Senator Obama would implement all of the protectionist measures espoused by the party.

    http://www.theaustralian.news.com.au/business/story/0,28124,24584219-643,00.html
     
  2. saturneptune

    saturneptune
    Expand Collapse
    Banned

    Joined:
    Jan 16, 2006
    Messages:
    13,977
    Likes Received:
    0
    This is one of those problems with the wrong solution. It is true that the fraud, abuse, and bad decisions of Wall Street and their buddies in Washington caused the crisis we are exepriencing. However, that in no way relates to electing Obama as a solution. The solution is CEOs and governmental leaders that are honest and know how to run a business without excessive greed.

    The election of Obama lessens confidence in the American economy and a free market.
     
  3. Crabtownboy

    Crabtownboy
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 12, 2008
    Messages:
    16,627
    Likes Received:
    158
    I thought you were anti-globalization.
     
  4. DeafPosttrib

    DeafPosttrib
    Expand Collapse
    New Member

    Joined:
    Apr 9, 2002
    Messages:
    2,662
    Likes Received:
    0
    The purpose of world economy collapsing during Election year, is to set up 666 world system. It is on the way.

    In Christ
    Rev. 22:20 -Amen!
     

Share This Page

Loading...