Fox News guy Rupert Murdoch has sealed the deal [1] to acquire Dow Jones and the Wall Street Journal.

There's apparently lots of angst about the Wall Street Journal becoming too conservative on Murdoch's watch. The Wall Street Journal? Too conservative? Could it be any more conservative?

At least now we can now expect a more "fair and balanced" Dow Jones Industrial Average. I predict 20,000 by November.

The very best quote on the deal so far, though, is from our good friend Brian Hornback, who says [2]:

This is a good news, while mass paranoia exist amongst the liberal global whiners about news being biased or unbiased. Fox and Rupert Murdock are fair and balanced, not biased.

After all on a global scene, you have "Hanoi Jane" running the other National Cable News. Now, that my friends is biased news coverage.

Unless I'm missing something, that's probably news to CNN and Jane Fonda.