Rupert Murdoch hasn't said a word about the News Corp. (NWS +6.6%) bid for BSkyB (BSYBY.PK...

|About: News Corporation (NWS)|By:, SA News Editor

Rupert Murdoch hasn't said a word about the News Corp. (NWS +6.6%) bid for BSkyB (BSYBY.PK +17.2%), but his actions speak much louder. His rationale is reminiscent of Warren Buffett: Just as Buffett wagered last year that purchasing a railway system was a profitable way to invest in the U.S. consumer, Murdoch is betting that the problems in Europe won't prevent consumers from paying for more television.