Murdoch: "An Obama Win Worsen's Financial Crisis"

Rupert Murdoch said in an interview this week that electing Barack Hussein Obama could make the world financial crisis worse:

"For the past three or four years, some Democrats have been threatening to do things like put on extra tariffs (against Chinese imports) if they don't change their currency," Murdoch said.

"If it happened, it could set off retaliatory action which would certainly damage the world economy seriously."

"Forty percent (of the US population) don't pay taxes, so how can he give them a tax cut?" he said.

"But you can give them a welfare cheque which he has promised -- a grant of 500 dollars which will disappear very fast. It's not going to turn the economy around at all."

"You are going to find that the politicians are very limited in what they can do: they can make it worse but they can't stop it."