News Corp Chief Executive Rupert Murdoch predicts a Democratic landslide in the U.S. presidential election. Murdoch has yet to endorse a U.S. presidential candidate but considers Barack Obama very promising.
“You have got the Obama phenomenon. You have got, undoubtedly, a recession … The average American is really getting hurt financially and that all bodes well for him (Obama), Murdoch said…
Murdoch said Obama and John McCain, the expected nominee of the Republican Party, both have a lot of problems, but McCain will be hurt by his party and his close ties to Washington. Race will be an issue for Obama, who would be the first black U.S. president, but “it looks like he overcomes that, overcomes that totally.”
Murdoch is associated with conservative political views but has a reputation for a pragmatic streak in major national races where he has shown a willingness to switch sides when he detects major political changes afoot.
Ain’t nothing like good old-fashioned opportunism when it comes to landing on the winning side of an election.