Today’s Wall Street Journal is running quite a number of doom and gloom stories, simply because Democrats are strengthened through the election of Barack Obama and an increased number in the Senate and the House. Remarkably this sounds an awful lot like the same sorts of stories they ran when Bill Clinton was elected. And with his financial team that consisted of Former Senator Lloyd Benson and Robert Rubin, he was able to work collaboratively with the Federal Reserve AND Congress to produce both incredible growth and a balanced budget, results that have been reversed over the eight years by primarily a Republican president and a Republican Congress.
And so I have to ask: why is it that the Journal thinks so highly of Republicans and their anti-regulation agenda?
Perhaps because they’re owned by News Corp?
http://crooksandliars.com/2007/07/06/rupert-murdoch-buys-wall-street-journal/