Bill O'Reilly targets Al Gore for selling Current TV to Al-Jazeera

The conservative TV host questions the sale of Gore's cable news network to the pan-Arab broadcaster.

By Aimee Picchi Jan 4, 2013 4:54PM

Image: Bill O'Reilly attends the signing of the book 'Thank The Liberals ... For Saving America' at the New York Friars Club (© Ilya S. Savenok/Getty Images)Conservative television host Bill O'Reilly is condemning former U.S. Vice President Al Gore as a "hypocrite," citing a report that Gore wanted to sell Current TV, the cable network Gore helped establish, to Al-Jazeera before higher taxes kicked in on Jan. 1. 


O'Reilly, whose top-rated "O'Reilly Factor" airs on Fox News, cited a story in the New York Times that said Gore and his partners were eager to complete the deal before year-end because of the higher tax rate. 


That comes just two months after Gore told Reuters he felt citizens should "do their fair share," O'Reilly noted. "I guess that means selling assets at the lower capital gains rate?" he added.


But O'Reilly's not the only one taking aim at Gore for selling to Al-Jazeera, the pan-Arab broadcaster backed by the oil-rich country of Qatar -- which O'Reilly described as an "anti-American network."


Gore, who shared the 2007 Nobel Peace Prize for his fight against climate change, stands to gross about $70 million from the sale, according to Bloomberg. Gore reportedly has a 20% stake in Current TV.


“It’s reeking with irony,” Jeff Sonnenfeld, senior associate dean at the Yale School of Management, tells Bloomberg. “It seems to be at least a paradox in terms of his positions on sustainability and geopolitics.”


The estimated profit is a huge jump from the maximum net worth of $1.7 million reported by Gore when he ran for president in 1999, the article points out. 


Al-Jazeera, whose English-language version has struggled to gain a foothold in the U.S., might face an uphill battle to see a turnaround with American audiences.


Immediately after the purchase, Time Warner Cable shut down Current TV's programming, cutting off access to 12 million homes.


But Time Warner appeared to reconsider on Thursday, noting that it would keep "an open mind" as the network develops. Al-Jazeera, which is reportedly paying $500 million for the network, plans to shut down Current's programming and start a new English-language channel via Current's distribution.


More on Money Now

282Comments
Jan 4, 2013 5:46PM
avatar

You people misunderstand democrats. They are for higher taxes on other folks, not themselves.  

Jan 4, 2013 5:45PM
avatar
gore is just an example of democrats.  Make a fortune screaming about some cause the idiot liberals jump on and then bail with the cash.  I was in florida over the holidays and every person i saw asked me if I knew anyone who voted for barry.  They said they didn't know a soul who did.  I honestly looked at every one of them and said go talk to any lazy person they know and you'll find an obama boy 
Jan 4, 2013 5:45PM
avatar
Thank you Supreme Court for sparing Americans from this self serving, hypocrite ever ascending to the office of President of the United States.
Jan 4, 2013 5:43PM
avatar
I've enjoyed a lot of Currents programming until now. I will never turn that channel on as long as it is owned by Al-Jazeera or any other anti American group. What the hell are you thinking, Al Gore? 
Jan 4, 2013 5:41PM
avatar

Why would we be surprised at anything this hypocrite does? Actually, though,  even I never would have thought him to be quite THIS unAmerican. Can't sink much lower.

Jan 4, 2013 5:40PM
avatar

How any one can defend Al Gore is jaw dropping.

 

The fact the lefties don't care what their own kind do is typical.

Jan 4, 2013 5:39PM
avatar
O'Reilly is just sad because the right has been rejected by the majority of Americans. He seems unable to figure out that it was the right's actions that led to the rejection. Say hello to President Hillary Clinton next.
Jan 4, 2013 5:38PM
avatar
gore is the biggest two faced liar we've ever had
Jan 4, 2013 5:38PM
avatar
Ummm.....Does anybody remember free speech? Shame on you Time Warner.
Selling before taxes went up was just smart, like anyone else should have done if they had a capital gain to realize and face the higher rate this year. Paying your fair share does not preclude taking advantage of legal opportunities to reduce your tax burden.


Jan 4, 2013 5:35PM
avatar
Can't blame AL for getting all the money he can from Al-Jerkszeros as he wan'ts to have a real good time before the polar caps melt !  O'Reilly is doing his usual trying to crank the ratings with nothing !
Jan 4, 2013 5:33PM
avatar
Al Gore is the epitome of left wing hypocrisy. His hundred million dollar deal will be paid for from oil money from a middle eastern country. He has been lecturing Americans for decades (and making millions) telling us about  the evils of fossil fuels, yet he lines his pockets with oil profits at the drop of a hat. What a liar and scam artist!  
Jan 4, 2013 5:33PM
avatar
Their programs will be closer to the truth than Fox News.
Jan 4, 2013 5:25PM
avatar
Why the fuss? I thought Bill-O was all for free market capitalism...
Jan 4, 2013 5:18PM
avatar

Just more of the left agenda.  Sell off America!  This crap is going to be hitting us in all directions for the next four years.  Hope it's not to late.  God Bless America!

avatar
Current TV will be renamed  "Al-Gorzera..."
Jan 4, 2013 5:17PM
avatar
It could not be helped.  Republicans are considered bigger losers when compared to Al-queda
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Trending NOW

What’s this?

MARKET UPDATE

[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).

Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More

MSN MONEY'S