By Joe Kaufman
FrontPageMagazine.com
Fox News has long been considered a beacon to those that distrust televised liberal media, meaning every channel other than Fox. One of the indicators of the station’s right-leaning bent is that it has, for the most part, gotten the ‘War on Terrorism’ correct. However, with the undue influence of a Saudi Prince related to militant causes and with this month’s acquisition of Beliefnet, a religious resource website that proudly promotes radical Islam, signs show that the war coverage may soon be taking a turn for the worse.
In September of 2005, Saudi Prince Alwaleed bin Talal purchased 5.46 per cent of Class B voting shares in News Corp, the company that owns Fox News and a number of other media and entertainment entities. This had replaced the three per cent stake in Class A non-voting shares bin Talal had previously held through his investment corporation, Kingdom Holding Company (KHC).
With his newfound voting rights, bin Talal stated his intention of supporting Rupert Murdoch, the principal owner of News Corp, helping Murdoch to stay in power and avoid hostile takeover by other interested investors. Some have said that this was like making a deal with the devil, as Murdoch has been left vulnerable to the whims of an individual that has been involved in despicable causes.
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Shalom Yamit,
The citizenship requirement relates to nominees and those out of the jurisdiction and venue of the US Government.
It all really doesn’t matter. Money can’t be regulated.
We are dealing only with contemporary versions of I.G. Farben.
Kol tuv,
Keelie the ans, to your question #3 is NOTHING! It appears.
South not referring to citizenship just ownership!!!
Shalom Yamit,
The US does` have laws restricting citizenship (etc) for certain industries (to include, eg, farmland [Senator Talmadge initiated this]).
The cash infusions are considered more important than the internal security of the businesses.
Payrolls, benefit packages and propping up failed companies-to include financial companies + banks, are out of control.
This is America’s weakness.
It’s all a trade-off.
Fortunately or unfortunately the Wall Street bonuses are still available.
Fortunately or unfortunately 1.3 billion – BILLION as in Bagels – and not “million”
foreign workers are starting to compete with the American work force.
The party is over but many are not aware of this.
Kol tuv,
This Fox News ‘news’ is nothing new. Fox has been just as corrupt as the others. And US law allows the government to corrupt the media.
There is no free media in the US since 1947. Please read this: Does the West Have a Free Press
If you want Israel to survive, don’t let yourself be fooled by this leftism X rightism theater. Follow Judaism, not rightism.
I hate to say this, but come to think of it, what’s to stop the Arabs from buying a substantial percentage of the shale oil patch in Colorado and either pulling the plug in the various extraction projects (if they haven’t already done so)… or simply selling the Colorado oil as Arab oil? More money in the Wahabbi coffers.
If I’m not mistaken (someone please correct me if I am), they have already made inroads in Alberta.
Yes – for a few bucks you can buy all the freedom of speech you could ever hope for…
My first Instinct would be to criticize the capitalism behind these maneuvers but on second though Congress could pass laws instituting restrictions of ownership by foreign nationals of companies deemed strategic industries and enterprises . GREED COUPLED WITH STUPIDITY MAKES FOR LETHAL MIX. The enemies of America can purxhase what they want this way at 5-10 cents to a dollar.. Good system!!!