Rupert Murdoch Thinks Obama is 'Naive' on Economy, But Loves Genius Sarah PalinMedia gargoyle Rupert Murdoch is savvy enough to run News Corp.—one of earth's premiere evil empires—like one of your more aggressive 19th Century robber barons, and he's savvy enough to pretend that he's in favor of government oversight when that's the thing that obscenely rich people have to say. Despite the fact that Murdoch hates any kind of regulation almost as much as he hates sunlight, he went on his zero-credibility Fox Business Network network to half-heartedly support horror-eyed Veep hopeful Sarah Palin's equally half-hearted calls for increased government regulation of the nation's financial institutions. “I think they have been sending out different signals, but I think what she says is right," he said. "Clearly, there has to be some more regulation, but we have to be careful what that is. It could make things a lot worse. The more you get the politicians in that don't know the first thing about banking, even less than me, and God knows what might come out of it.” As for Barack Obama's calls for regulation? Well, he's just being silly. "[H]is policy of anti-globalization, protectionism, is going to be—and card checks—are going to do two or three things. It's going to give us a lot of inflation. They're going to ruin our relationships with the rest of the world. And they are going to slow down the rest of the world, too. And they're going to make people frightened to add to employment. You are going to find companies leaving this country if it's—if you put a protectionist wall around it. You're going to get—his policy is really very, very naive, old-fashioned, 1960s." [THRFeed]