Drudge has broken out the big bold font:

What’s the big warning? This:

MURDOCH WARNS: NATIONS WILL BE REDEFINED, FUTURES ALTERED
Tue Feb 24 2009 08:36:39 ET
Media baron Rupert Murdoch issued an urgent internal communication late Monday, warning his staff: "We are in the midst of a phase of history in which nations will be redefined and their futures fundamentally altered."
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The dramatic call comes as markets continue their plunge and the future of media becomes increasingly muddled.
"Many people will be under extreme pressure and many companies mortally wounded," Murdoch declared.
"Our competitors will be sorely tempted to take the easy beat, to reduce quality in the search for immediate dividends."
He continued: "Let me be very clear about our company: where others might step back from their commitment to their viewers, their users, readers and customers – we will renew ours.
"The direction of the business now and over the next few years will define the character of our company for decades."
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Remember – this is the same guy who owns the FOX news, which is the same FOX news that kept telling us the economy was perfectly fine last year, even when TARP was already being discussed.

I also wonder what “commitment” Murdoch is talking about. Maybe a commitment to push more racist cartoons that promote the killing of our leaders?