Rupert Murdoch and Fox News are going to launch a more “business-friendly business channel.” This new channel, Mr. Murdoch said, would be kinder to corporations.
Well it’s about time they got a break.
Apparently, CNBC has been too apt to “leap on every scandal.” By “scandal” I suppose Mr. Murdoch meant those messy little episodes involving homespun companies like WorldCom, Tyco, and Enron, a little-known energy trading company that had some issues a few years back.
In a country where business, profit, and the almighty dollar are certainly held in contempt, it’s good to hear that these poor and downtrodden outcasts in the competitive world of helping the little guy will finally have a voice--and an advocate other than the executive branch of the federal government.
It’s not enough that capitalism is held up by government assistance, these poor souls will really benefit from the life support that a 24-hour a day, seven day a week broadcast channel can offer.
Much like Fox News has helped to keep a poor, populist, and Everyman party like the GOP afloat and offered God-fearing Americans a choice in the anti-American field of objective news reporting, Fox Business will hopefully be a breath of fresh air in a corporate atmosphere of uncertainty and waning profits.