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Rupert Murdoch Claims: "Oil prices will drop to $20 a barrel"

Most revealing of all was Murdoch's reference to the rationale for going to war, blatantly using the o-word. Politicians in the United States and Britain have strenuously denied the significance of oil, but Murdoch wasn't so reticent. He believes that deposing the Iraqi leader would lead to cheaper oil. "The greatest thing to come out of this for the world economy...would be $20 a barrel for oil. That's bigger than any tax cut in any country."

Monday February 17, 2003
The Guardian

What a guy! You have got to admit that Rupert Murdoch is one canny press tycoon because he has an unerring ability to choose editors across the world who think just like him. How else can we explain the extraordinary unity of thought in his newspaper empire about the need to make war on Iraq? After an exhaustive survey of the highest-selling and most influential papers across the world owned by Murdoch's News Corporation, it is clear that all are singing from the same hymn sheet. Some are bellicose baritone soloists who relish the fight. Some prefer a less strident, if more subtle, role in the chorus. But none, whether fortissimo or pianissimo, has dared to croon the anti-war tune. Their master's voice has never been questioned.

Guardian

What a guy indeed!!! Here's a billionaire media tyrant, who owns close to 200 newspapers around the world, plus TV stations, cable enterprises and a satellite TV network.
Yet, with all of that ability to acquire knowledge, Murdoch fell woefully short predicting that the price of oil would drop to $20 a barrel, after the invasion of Iraq.

Murdoch's Fox News Corporation has been a ruthless cheerleader for both the run-up to the Iraqi war and the current occupation.
His media empire is now waving its pom-poms and leading the cheer for the upcoming war against Iran.

Gosh, maybe if we invade Iran, then the price of oil will drop to only $85 a barrel, huh, Rupert?

Comments

.... it's a Carrot on the end of the stick.

Basically, "economically entice" the "axis of the willing/killing" that this is economically beneficial to them.

Everyone knows when supply tightens up (e.g. a oil producing nation is being attacked), prices tend to SHOOT UP!

.... CARROT meet STICK......

..... CARROT STICK meet GULLIBLE GOYIM .....

..... PISSED OFF GOYIM meet RUPERT MURDOCK ......

It's not so much he didn't know...

.... it's a Carrot on the end of the stick.

Zackly, TGR. It would've been more of an Iraq-war PR statement to promote the war than what he actually believed. The invasion of Iraq was never gonna bring about cheaper oil. It was all about Israel, plain 'n' simple.

From David Irving:

A well placed correspondent with connections to the newspaper world (who has asked to remain anonymous) reports to us:

"I shall quote exactly what Candour [a rightwing British journal edited by A K Chesterton] said in its June 1984 issue (vol. XXXV, no. 6):

BIOGRAPHICAL details of [Rupert] Murdoch's past are sketchy and often contradictory. One reads that his grandfather was an impoverished Presbyterian minister who migrated to Australia from England, that his father was a low-paid reporter for a British newspaper in Australia, and yet, young Rupert divided his time between his family's suburban home near Melbourne and the family's sheep ranch in the country. He was educated first at the fashionable Geelong private school, and went on to the elitist and aristocratic Oxford University in England.

"Rupert's father Sir Keith Murdoch attained his prominent position in Australian society through a fortuitous marriage to the daughter of a wealthy Jewish family, née Elisabeth Joy Greene. Through his wife's connections, Keith Murdoch was subsequently promoted from reporter to chairman of the British-owned newspaper where he worked. There was enough money to buy himself a knighthood of the British realm, two newspapers in Adelaide, South Australia, and a radio station in a faraway mining town. For some reason, [Rupert] Murdoch has always tried to hide the fact that his pious mother brought him up as a Jew...

And that, as I am sure you know, makes him a Jew according to the law of the Talmud, and indeed according to the present laws of Israel.

Spotlight [a rightwing Washington weekly published by Willis Carto] in fact examined Murdoch in considerable depth in no fewer than three issues, 30th January and 6th and 13th February [1984]. My friend Ivor Benson whom I regarded as a very judicious observer and commentator, reckoned, along with Spotlight, that his meteoric ascent was completely artificial, and that he was a front for far more powerful super-rich subversives, Michel Fribourg, Armand Hammer and Edgar Bronfman, "all of them part of a super-rich 'Zionist Mafia'", to quote Benson, who added: "By comparison with these three, Murdoch is just an ambitious midget who has been given the job of drawing all the public attention away from those who make the real decisions."

Here

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I'll be sad to go
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