Financial Times endorses Obama
Source: Politico
The Financial Times, which has been making significant in-roads into the U.S. market, knocks both Obama and Romney but sides with the incumbent:
* * *
Compared to 2008, when Barack Obama emerged triumphant against all the early odds, the 2012 campaign has offered little inspiration, still less instruction, on what Mr Obama or his Republican rival Mitt Romney would actually do in office.
The more serious objection to Mr Romney is that he has gone through so many contortions to win his party’s nomination that it is hard to see how he would govern in practice. His wishlist includes an aspiration to raise Pentagon spending by a fifth while cutting everyone’s taxes and still somehow balancing the books. Such fiscal alchemy is an exercise in evasion, not a recipe for sustainable economic recovery. [...]
As in his response to hurricane Sandy, Mr Obama has shown that purposeful government can be part of the solution rather than the problem. Four years on from the financial crisis, with extreme inequality an affront to the American dream, there remains a need for intelligent, reformist governance. Mr Obama, his presidency defined by the economic crisis, looks the better choice.
Read more: http://www.politico.com/blogs/media/2012/11/financial-times-endorses-obama-148371.html
I am somewhat surprised that the Financial Times is endorsing President Obama given that the Wall Street Journal and all of its ilk have been unabashed cheerleaders for one of their own.
= new reply since forum marked as read
The Financial Times is not anything like the Wall Street Urinal.
They cover financial news from around the world, not just in one country,
and they do it well and objectively.
They say more austerity would be counterproductive.
They endorsed Obama 
If you want a reliable source of financial news, the FT is worth the cost of a subscription.
