Last night Republican presidential candidate Rick Perry met with News Corp CEO Rupert Murdoch for dinner. Murdoch, who owns Fox News, already has a relationship with Perry. Last year Murdoch donated a million dollars to the Republican Governor’s Association which Perry chaired.

Murdoch has also had relationships with several other GOP candidates. Both Newt Gingrich and Rick Santorum were employed by Fox News until recently. Mike Huckabee and John Bolton are still employed by Fox, however they have bowed out of the presidential race. And Sarah Palin is still on the payroll as she engages in a charade with Fox to boost their respective fortunes (she isn’t running and Fox knows it).

In the meantime Murdoch continues to be shielded by congressional lackeys like Rep. Darrel Issa who refuses to hold hearings on Murdoch’s alleged criminality because he doesn’t want to “start picking on media.” That’s a disturbingly asinine excuse. Generally when politcos talk of picking on the media they are referring to complaints about coverage or bias. What Issa is saying is that investigating crimes is off limits to the House Oversight and Government Reform Committee. That’s like the SEC saying that Bernie Madoff should not be investigated because they don’t want to pick on fund managers.

Former media mogul, Ted Turner, is less circumspect as he forthrightly declares that Murdoch will probably have to step down as CEO of News Corp:

“A major media company should definitely be following the law, that’s all. And when they break the law — and certainly, it’s already been admitted that News of the World broke the law. The question is how big a scandal is it.”

It remains to be seen what benefits Perry will receive for having paid his respects to the Foxfather. But Perry is well known for making deals that inure to his advantage. He certainly expects some reward, either in the form of more money or more good PR. And if he is the nominee, he will surely get some of both.