| Main |

Wall Street Journal may endorse (Rupert Murdoch?) for president

The front-page logo of the Wall Street Journal whose new owner, Rupert Murdoch, says may endorse a candidate for president this fall for the first time since Herbert Hoover, and a lot of good it did him

Did you feel a strong tremor a little while ago? That had nothing to do with an earthquake. It was the news that the Wall Street Journal, the symbol of the influential little New York street that so much of the non-capitalist world loves to hate, may express an editorial preference for president this year.

Now you understand why the ground moved. Not since Herbert Hoover -- who was the 31st president and we're in the lengthy process of electing No. 44 -- has that stuffy, elitist, intelligent conservative newspaper announced an endorsement for president. A whole lot of good it did Hoover. And even without endorsements it's usually been, shall we say, crystal clear whose ideas the highly respected Journal highly respected.

What's different this time is that the newspaper has a new owner, Rupert Murdoch,Press baron and multi-billionaire Rupert Murdoch in a car with someone on the way to somewhere says his new property, the Wall Street Journal, may endorse a candidates for president this fall for the first time since the candidacy of Herbert Hoover the aging ex-Australian who is well on his way to owning virtually everything in the world that is named Fox or is likely to increase in value.

Murdoch was born on a large island far, far away during the Hoover administration, 77 years ago next week, as a matter of fact.

As someone with roughly $8.8 billion in assets, mainly involved in the giant and modestly named News Corp., Murdoch's words are carefully monitored. The other day he said, "I think it would be fun to own a newspaper."

No, wait. That was Citizen Kane. What Murdoch said, using the ...

royal "we," was, "We haven't made up our minds yet." Which probably means, "Yes, of course, we'll be endorsing a candidate for president. What's the point of owning a newspaper unless you can throw your weight around?"

Murdoch also owns the N.Y. Post, which has thrown its tabloid weight around by routinely attacking the female New York senator and endorsing the Illinois senator in that state's primary.

So wouldn't that be something if the print voice of American conservatism, not counting the National Review and Weekly Standard, ended up breaking its tradition and endorsing the man whom the National Journal calls the most liberal senator in Congress?

What does Murdoch think the Wall Street Journal will say? "I don't know what we'll do in the general election," he said, which is billionaire talk for "I've decided, but I ain't saying yet."

Our esteemed colleague, Michael Calderone, who writes about media and politics, has the full story over at Politico.com.

--Andrew Malcolm

Photo Credit: BBC

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c630a53ef00e551bdff2d8834

Listed below are links to weblogs that reference Wall Street Journal may endorse (Rupert Murdoch?) for president:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Post a comment
If you are under 13 years of age you may read this message board, but you may not participate.
Here are the full legal terms you agree to by using this comment form.

Comments are moderated, and will not appear until they've been approved.

If you have a TypeKey or TypePad account, please Sign In







Follow us on ... »

Follow @latimestot for political news and backgrounders sent direct to your Twitter page or mobile device.
Our Bloggers

Andrew MalcolmAndrew Malcolm's immigrant parents repeatedly stressed the importance of active participation in a democracy. Early lessons included learning the alphabetical list of states by watching televised roll calls of national political conventions. That childhood exposure led to a lifelong fascination with politics, including 40-plus years of covering them and a brief stint practicing them as press secretary to Laura Bush in 1999-2000. A veteran foreign and national correspondent, Malcolm served on the Times Editorial Board and was a Pulitzer finalist in 2004. He is the author of 10 nonfiction books and father of four.

Johanna NeumanJohanna Neuman is a veteran Washington correspondent for both The Los Angeles Times and USA Today, having covered presidents and politics as far back as Ronald Reagan. A former president of the White House Correspondents Assn., she authored a book on media and foreign policy, “Lights, Camera, Wars.” Most recently she was co-author of the Countdown to Crawford blog here at The Times.
The daily destination for breaking news from The Times and other top political sources on the Web.
Political blog from the Chicago Tribune.

All L.A. Times Blogs

All The Rage
American Idol Tracker
Angels Unplugged
Babylon & Beyond
Big Picture
Booster Shots
California Consumer
Comments Blog
Company Town
Culture Monster
Daily Dish
Daily Mirror
Daily Travel & Deal Blog
Dish Rag
Dodger Thoughts
Fabulous Forum
Gold Derby
Greenspace
Hero Complex
Homicide Report
Jacket Copy
L.A. at Home
L.A. Land
L.A. Now
L.A. Unleashed
La Plaza
Lakers
Money & Co.
Movable Buffet
Opinion L.A.
Outposts
Pop & Hiss
Readers' Representative Journal
Show Tracker
Technology
Ticket to Vancouver
Top of the Ticket
Up to Speed
Varsity Times Insider
Categories