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Rupert Murdoch Talks Tea Party, China, And Fox Business…On Fox Business

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» 10 comments

Fox Business loves to hear media moguls talk about Fox Business. Last week, they had CNN thinker-upper Ted Turner show up to talk about new Fox Business employee Lou Dobbs. Now they’ve invited their leader Rupert Murdoch to discuss the most pressing matters of the day—like how awesome Fox Business is. “Fox Business, Fox News” are News Corp.’s “best growth engines,” he said. “Seriously.”

But it wasn’t all roses for Murdoch, who was in D.C. for the The Wall Street Journal CEO Conference, to which my invitation must have gotten lost in the mail. He spoke of being spooked by China’s rapid economic expansion:

What was really scary was when Larry Summers said [that] when we look back [from] the end of this century, people are not going to talk about this recession. Their going to talk about the rise of China. And how in the last 100 years or so, the standard of living in America has doubled every 30 years. In China, it’s doubling in less 10 years, every ten years.

Murdoch also expressed his alarm at the fact that there’s a Chinese town out there whose population exceeds that of Spain. “[The Chinese] already have enormous economic power,” he concluded. “I’m not saying they’d use it to hurt people, but they would use it certainly to help themselves.”

After giving Fox Business the skinny on the Far East, he turned his attention to domestic matters, giving a run down on our recession and our tax policies. When asked if the American economy could turn around in a year, he replied, “No, no, no, no. We’re still in a very deep recession.” Well, how do we get out? “Company taxes have got to come down” for the U.S. to stay competitive, he said. He mentioned lowering personal taxes too, while implementing a general 10% sales tax. Ultimately, he thinks that:

Government’s got to take a smaller part in our lives. That’s really what the Tea Party’s about. They’re not extremists, they’re moderate centrists.

But, perhaps most importantly, Murdoch also talked about the strongest sector of the U.S. economy: the Avatar industry. He confirmed,

Yes, well, [Avatar 2] will take three years to make. That’s coming, and Avatar 3. We are making them together.

Finally, some good news. Watch the interviews for yourself in the Fox Business clips below. The first one covers China and Avatar, while the second focuses on our own economy.

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  • Big_F-ing_Deal

    Murdoch ain’t looking to good.

    He must have soul cancer.

  • Big Eddie

    G’day , Rupert . Know you like Slim Dusty , but this is also terriff .

    http://www.youtube.com/watch?v=Uzae_SqbmDE

  • valkyrie101

    “Yes, well, [Avatar 2] will take three years to make. That’s coming, and Avatar 3. We are making them together.”

    And yes, waiting in the wings, as a savior to the FOX empire, are not one but two more left leaning movies, by a famously left director, that seem to promote an anti-corporate, pro-green message. That is funny. Ruppert is about bottom line.

  • Rusty Shackelford

    He spent the whole interview staring at Liz’s knockers.Not bad duty I might add.

  • david r

    Reminds me of Mr. Burns, the owner of the nuclear power plant where Homer Simpson works.

  • skyfet

    Bloody tea partiers! do you hear is accent? he’s not American (at least in origin). He’s an Aussie that owns big media empire (News Corps), which he uses to run( cause trouble) in countries like the UK, Australia, Italy and by the way the USA. Can you hear is big Aussie accent, am sure you are surprised it’s not mid-western, lol. He is a business man, whatever sells he followed. In America there was a home in the media for right wing media, Old Murdoch noticed that and created fox. In Italy he’s given Burlosconi head ache, because they are rivals in media market, but wait a minute Burlosconi is right wing, Murdoch doesn’t care if you are in his way there’s hell. In the Uk, oneday he supports the Labour Party the next election, he supports the Conservative part.

    Get it yet, you are a tool.

  • iris

    Its hard to believe that insane austrailian is still alive
    but , by the looks of him I guess it won’t be too long now!!

  • Just4thefax

    Fact: You get the boss on TV for an interview live. It’s time to ask for a pay raise!

  • J Baustian

    Former GE chairman Jack Welch used to go on CNBC regularly. So what is so special about Rupert Murdoch going on FBN or FNC?

  • J Baustian

    skyfet said:
    Bloody tea partiers! do you hear is accent? he’s not American (at least in origin). He’s an Aussie that owns big media empire (News Corps), which he uses to run( cause trouble) in countries like the UK, Australia, Italy and by the way the USA. Can you hear is big Aussie accent, am sure you are surprised it’s not mid-western, lol. He is a business man, whatever sells he followed. In America there was a home in the media for right wing media, Old Murdoch noticed that and created fox. .

    In the UK you have a great many national newspapers, so readers are not stuck with a single political perspective.

    But here in the US, all the major newspapers with the exception of the Wall Street Journal — recently purchased by NewsCorp — and all the major broadcast and cable TV networks have strongly leftwing slants on the news. They do not put their editorials on the inside pages, but on the front page. And the TV networks, with the exception of Fox News Channel, are totally in the tank for Obama and the Democrats.

    The Left increasingly takes its direction from the Hungarian billionaire George Soros. So given the choice of two foreign-born billionaires, one on the left and one on the right, I choose to stick up for Murdoch. At least he is not trying to turn America into something our Founders would have given their lives to oppose.

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