I the world of Rupert Murdoch his media folk are allowed to smear the names of any opponent and a supposed TV station has permission to suppress information that is not in accord with Republican party efforts to gain power. Rupert appeared before committees of the UK Parliament and offered anything but the truth concerning his News of The World smear sheet. The House of Commons Culture, Media and Sport Committee concluded “he was not a fit person to exercise the stewardship of a major international company.”
They believe he presented a “misleading account of his involvement and influence with his newspapers.” In simple English Rupert turned a blind eye” to what was going on and then blamed subordinates for his own misconduct.
In theory, there is a concept termed “contempt of Parliament” and it could be used against him. The last time it was used was in 1666. Well, Fox News economic ideas are closer to 1666 than to 2012.