Rupert Murdoch, who doesn't seem able to stop giving interviews lately, says that though the US government had no option but to spend $700bn to salvage the financial system, he is opposed to the bailout in principle.
He told Australia's ABC in New York (while, note, he was on his way to meet the Oz prime minister Kevin Rudd) that he had reservations about the bailout.
"I personally think it has to happen," he said. "There's no alternative. On principle I don't like it. But I think it has to happen." He was concerned about the aftermath effects.
Fair enough. I'd guess that many of you agree with him. But here's a fascinating exercise. Wherever you are, turn to your closest Murdoch-owned newspaper, or tune into to one of his TV news channels, and see whether that Murdochian view emerges in the editorial line.
