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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Murdoch: why I oppose Obama

Rupert Murdoch has shown himself much more willing to air his views in recent years than in his younger years, when he tended to shy away from live television interviews. Of course, it does help a little when he appears on the channel owned by his own company.

But the Fox News anchor who interviewed him on Friday pressed him in the way that many other TV journalists would have done. You can see a three-minute Live Feed clip here.

Two highlights: Murdoch said he doesn't regret the New York Post endorsing John McCain. "I am very worried. I like Senator Obama very much. I have met him. He is a very intelligent man. But his policy of anti-globalization, protectionism, is going... to give us a lot of inflation. They're going to ruin our relationships with the rest of the world. And they are going to slow down the rest of the world, too."

And on the call by McCain's running mate, Sarah Palin, for increased market regulation: "Clearly, there has to be some more regulation, but we have to be careful what that is. It could make things a lot worse. The more you get the politicians in that don't know the first thing about banking, even less than me, and God knows what might come out of it."

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