Summary
Predictably, some critics have decried the current efforts by Rupert Murdoch's News Corp. to buy Dow Jones & Company, which publishes the Wall Street Journal. But let's imagine the dynamics that might emerge if Murdoch gains control of that paper.
It's all well and good to mislead voters and cover up for an administration in Washington that is functioning more like a massive criminal enterprise than an executive branch. But if press ideologues serving as apologists for the Bush presidency try to blend their contempt for reality with purported financial news, the result could prove less than satisfactory for the nation's upper-crust money movers.If his current media properties are any indication, Rupert Murdoch would quickly turn the Wall Street Journal into a news operation engaged in a dizzying regimen of spin and distortion. For several decades, he has enjoyed notable success in marketing right-wing political fantasias to the general public. Whether the nation's financial elites would be such easy marks is another matter.See the full content of this document
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Serious Readers
Predictably, some critics have decried the current efforts by Rupert Murdoch's News Corp. to buy Dow Jones & Company, which publishes the Wall Street Journal. But let's imagine ...
See the full content of this document
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