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.
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
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!
You people misunderstand democrats. They are for higher taxes on other folks, not themselves.
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.
How any one can defend Al Gore is jaw dropping.
The fact the lefties don't care what their own kind do is typical.
Gore is not too much different than the closet Muslim we have in the White House now.... Anything to make a profit and destroy the USA...
And to think this 'sky is falling' fear-mongering hypocrite almost got elected president. He needs to return his Nobel Prize after it's sufficiently sanitized. The fact that Gore and Obama have each one a Nobel has relegated one of the most prestigious awards in the world to the level of winning a meat raffle at the local VFW.
Gore is a disgrace He tries to tell the American people how to live then He and the other DemocRATS do what they want and what is sad is the DemocRAT people do what the DemocRAT party tells them so I hope all you DemocRATS wake up and see they just use you for their own good not the good of AMERICA
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.
- Precious metals traded higher today as a weaker dollar index boosted prices.
- Apr gold rose for a third consecutive session and climbed as high as $1371.30 per ounce in late afternoon pit trade. It settled at $1370.60 per ounce, booking a gain of 1.8%.
- May silver came off its session low of $20.95 per ounce set moments after floor trade opened. It touched a session high of $21.43 per ounce and settled with a 2.6% gain at $21.36 per ounce.
- Apr ... More
More Market News
With sales suffering as a string of novelty menu items missed the mark, the fast-food chain's latest offering is a good old-fashioned sandwich with bacon.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'