There's not a chance that the Wall Street Journal will remain independent of Rupert Murdoch's political, social and economic ambitions. He wants so very much, and the WSJ can do so very much to deliver what he wants.
It's a terrible day for journalism and, quite bluntly, for the United States. The Wall Street Journal is one of the best, if not the best, business publication in the country. Is there any other publication that can step into the void that Rupert Murdoch is creating? Who is the watchdog now? As corporations and their executives grow increasingly arrogant and continue to increase their own power, we need more information about what is happening and what we can do about it. Rupert Murdoch's takeover of the Wall Street Journal means we will know less about what the worst of big business is doing to us.