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View Diary: Certain knowledge of NoTW knowledge of criminal behavior. Prepare popcorn (104 comments)

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  •  power balances in the Beltway (0+ / 0-)

    are being reshuffled as I type.

    To put it differently, Murdoch either has personally pissed off or will piss off shortly some of America's biggest creditors. Look past the institutions (i.e. sovereign wealth funds - Arab) to the families they're intended to benefit. Families who know that part of staying in business as wealthy aristocrats means presenting the appearance of being too dangerous to fuck with.

    Throwing Murdoch to the wolves will look increasingly appealing as America's credit standing deteriorates.

    Peak Oil is NOW! Looking for intelligent energy policy alternatives? Try here.

    by alizard on Sat Jul 30, 2011 at 05:22:12 PM PDT

    [ Parent ]

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