Monday, July 18, 2011

The Death Of Fox News??

Never let a crisis go to waste, especially somebody else’s crisis. That seems to be the motto of this administration. The latest example involves the implosion of News Corp.’s News of the World. Indeed, the Democrats are pulling out all the stops to use this to remove Rupert Murdoch from the helm of News Corp. and thereby, they hope, get FOX News under liberal control. Here’s what you need to know.

The scandal began when it was revealed that reporters at the 168 year old British tabloid News of the World had been hacking into phone accounts of famous celebrities and politicians to find dirt. This violates multiple British laws.

Things recently hit fever pitch when it was learned that the News of the World had bribed police for information AND had hacked into the phones of 9/11 victims and into the phone of a murdered British teenager (Milly Dowler). The outrage that followed forced the paper to close and led to the resignation of the latest editor, Rebekah Brooks, and of Les Hinton, the publisher of the Wall Street Journal, who was an editor of the News of the World during part of the period in question -- there is no evidence of wrongdoing at the Journal. This weekend, Brooks was arrested and London's police chief resigned.

The scandal reaches Rupert Murdoch because Murdoch acquired the News of the World in 1969 and made it part of his News Corp. empire. That empire includes the New York Post, The Wall Street Journal and Fox News, among others. These are largely conservative organizations and, thus, the Democrats hate them with the passion of a 1,000 low-carbon suns. And with this scandal, the Democrats see a chance to attack their favorite bogeymen. Indeed, they are hoping to parlay the News of the World scandal into an attack on Fox News, The Wall Street Journal and Murdoch himself, who they hope to dislodge from the ownership of these organizations.

To that end, Eric Holder has announced that the Obama-controlled Department of Justice intends to investigate whether the Wall Street Journal or the New York Post were engaged in similar hacking. Can you say... fishing expedition? He also claims he will investigate whether 9/11 victims’ phones were hacked. Keep in mind, by the way, this is the same Justice Department that routinely turns a blind eye to any and all crimes committed by leftist groups or this administration.

Other Democrats are jumping in as well. The Democratic Senate Campaign Committee has launched an online petition to demand that “Murdoch come clear.” A group of leftist “journalists” has launched a similar effort. John Podesta, the president of the Centre for American Progress, a leftist crackhouse, claims: “This is not one rogue editor. This is an empire that was built on a set of journalistic ethics that’s beginning to explode and unravel. They were routinely bribing public officials.” Of course, he has no evidence. But then, if anyone should know about bribery and a lack of ethics it would be Podesta, who helped Obama transition to the White House.

This is standard liberal crappola, and mainly it’s just liberals playing with themselves. But there is reason for concern.

The SEC (also under Obama’s control) could attack News Corp. for its subsidiary engaging in bribery of the British police, which would violate foreign bribery laws, specifically the Foreign Corrupt Practices Act. A violation of the FCPA might require Murdoch to resign or even give up his ownership.

Also, under federal law, holders of television and radio licenses have to undergo character tests to show that they are fit to be media owners. If the SEC (or the Justice Department) finds a violation of the FCPA, the FCC (also under Obama’s control) could deny Murdoch his television and radio licenses, which would again result in him surrendering control.

At this point there is no evidence that Murdoch did anything wrong and he is doing all the right things. They closed the paper that had clearly spun out of control. The editors directly responsible, whether they had knowledge or not, have resigned. And his papers have issued a public apology. The committee that monitors The Wall Street Journal has already said they have no evidence of wrongdoing at the Journal or at Dow Jones, the Journal’s parent company (which is owned by News Corp.). And it’s unlikely Fox was involved because, frankly, they’ve never reported anything that didn’t come over the wire.

But doing the right thing does not insulate you from an aggressively partisan government. So expect Team Obama to pull out all the stops to use the power of government to shut down the one part of the MSM that isn’t in the tank for them.

This could get interesting.

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