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Murdoch praises blair { February 12 2003 } Original Source Link: (May no longer be active)    http://www.guardian.co.uk/guardianpolitics/story/0,3605,893717,00.html http://www.guardian.co.uk/guardianpolitics/story/0,3605,893717,00.html Murdoch praises Blair's 'courage' Julia Day Wednesday February 12, 2003 The Guardian Rupert Murdoch has given his full backing to war, praising George Bush as acting "morally" and "correctly" and describing Tony Blair as "full of guts" for going out on a limb in his support for an attack on Iraq. The media tycoon said he was completely behind Mr Bush and Mr Blair as they faced opposition from Germany and France. Much of the world, he said, cannot accept that America is the only superpower. "I think Tony is being extraordinarily courageous and strong on what his stance is in the Middle East. It's not easy to do that living in a party which is largely composed of people that have a knee-jerk anti-Americanism and are sort of pacifist," Mr Murdoch told the Australian news magazine The Bulletin. "But he's shown great guts, as he did, I think, in Kosovo and over various problems in the old Yugoslavia." Mr Murdoch was unequivocal about war with Iraq. "We can't back down now. I think Bush is acting very morally, very correctly, and I think he is going to go on with it." He said the price of oil would be one of the war's main benefits. "The greatest thing to come out of this for the world economy, if you could put it that way, would be $20 a barrel for oil. That's bigger than any tax cut in any country." Mr Murdoch's comments come just a week after he told Fortune magazine in the US that war could fuel an economic boom. "Who knows what the future holds? I have a pretty optimistic medium and long-term view but things are going to be pretty sticky until we get Iraq behind us. But once it's behind us, the whole world will benefit from cheaper oil which will be a bigger stimulus than anything else," he told Fortune. Mr Murdoch believes there is no doubt that President Bush will be re-elected if he wins the war with Iraq and the US economy remains healthy. "He will either go down in history as a very great president or he'll crash and burn. I'm optimistic it will be the former by a ratio of two to one."

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