Should Fox broadcast the NRA 500?
US senator calls the race 'inappropriate' in the wake of the tragedy in the Newtown, Conn.
Gun control advocates are urging News Corp. (NWS.A) not to air Saturday's NASCAR race sponsored by the National Rifle Association (NRA), scheduled for broadcast on the Fox network.
The NRA 500 was denounced by Sen. Chris Murphy (D-CT) in a letter to News Corp. CEO Rupert Murdoch as "inappropriate in the immediate wake of the Newtown massacre," according to a report in Politico. He was particularly concerned about "the live shooting of guns at the end of the race."
A spokesman for New York-based News Corp. declined to comment on Murphy's letter.
Requests for comments from officials at the NRA, NASCAR, and the Texas Motor Speedway, where the race is being held, were unsuccessful. The cost to sponsor NASCAR races is about $1 million. These deals are negotiated with individual track operators, but are subject to NASCAR approval.
"NASCAR didn’t block the NRA deal, but said it would take a closer look at the sponsorship approval process in the future," according to Marketplace.
According to CNN, this is the first year that the gun owners' group had sponsored a race in NASCAR's top series. Last year, the NRA sponsored a lower-tier race at the Atlanta Motor Speedway.
The December shooting massacre that killed 20 young children and six adult caregivers at Sandy Hook Elementary school in Murphy's home state has reignited debate over gun control in the U.S. There has been an emphasis on increasing background checks and regulating the sale of military-style assault weapons and high-capacity ammunition clips like the ones used in the tragedy.
In pressing for gun control, President Obama has invoked the memories of the massacre's victims. Connecticut lawmakers recently passed sweeping gun control measures that have prompted at least one firearms manufacturer to move its operations out of the state.
A compromise being forged by Sen. Pat Toomey (R-PA) and Sen. Joe Manchin (D-WV), who are otherwise supportive of the NRA, to expand criminal background checks for many firearms purchases appears to be gaining momentum in Washington. The NRA has accused politicians of penalizing law-abiding gun owners with regulations they say would do little to prevent a similar tragedy.
--Jonathan Berr does not own shares of the listed stocks. Follow him on Twitter at @jdberr.
Maybe Sen Murphy should do his job - pass a balanced budget, cut spending, and shrink the size of the federal government before commenting on something out of his purview.
Well how Many people are killed each year by drunk drivers you don't hear anybody yelling about sponsorship of
alcoholic beverages on the cars or the drivers drinking it in interviews to promote the beverages and Nascar doesn't stop that .
T on theirr front door. Why Not? Most American want to protect themselves so unarmed Democrats will make good targets for criminals If an unarmed woman wants others to give up their weapons then the country can celebrate when a leftist gungrabber is raped, robbed, gutted, and beheaded.
We know the democrats stand against the Constitution. They have not learned their lesson since Lincoln had to put them down in 1861. We may need to deal with these traitors to the Constitution again.
As to the NASCAR race, GOOD for the NRA! We already know what the 'progressives' think about NASCAR. They ridicule it every chance they get. We need to get rid of these close minded democrat types. Next year every gun owner will need to turn out to VOTE against every DEMOCRAT traitor they can, at every level. And we will.
Copyright © 2013 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.
[BRIEFING.COM] The major averages finished the session on a lower note as the S&P 500 lost 0.4% while the Nasdaq shed 0.1%. The Russell 2000, which paced the retreat on Tuesday and Wednesday, added 0.2%, trimming its December loss to 3.5%.
After spending the first half of the session in a steady retreat, the S&P 500 found technical support in the 1772 area. Upon reaching that level, the index reversed sharply, and marched back to its flat line. There was no particular catalyst ... More
More Market News
With the universe of this category in its seasonal sweet spot, these picks have tailwinds propelling them into the new year.