From Mother Jones:
The billionaire Koch brothers, Charles and David, spread their money far and wide. They fund free-market think tanks, right-leaning academic organizations, and conservative political advocacy groups, such as the Americans for Prosperity Foundation, which helped cultivate the tea party. The political action committee for the Kochs’ massive conglomerate, Koch Industries, has also given generously to big-name conservative politicians throughout the country at both the federal and state level. But when it comes to the 2012 presidential race, the Kochs have been more selective with their giving, with only one presidential candidate so far benefiting from their largesse: Rep. Michele Bachmann (R-Minn.).
Filed under Advertising, Congress, FEC, Federal Election Commission, humor, Mitt Romney, parody, politics, Republicans, Rick Santorum, snark, Wordpress Political Blogs
Note: Right after I finished the post, I read that Rebekah Brooks has resigned. Les Hinton, chief executive of News Corp’s Dow Jones unit has followed suit and resigned as well. All the king’s horseshit and all the king’s men won’t be able to put News Corp together again.
From The New Zealand Herald:
Saudi billionaire Prince Alwaleed bin Talal, a major shareholder in Rupert Murdoch’s scandal-hit News Corp. organisation, says under-fire executive Rebekah Brooks “had to go”.
“For sure she has to go, you bet she has to go,” News Corp.’s second largest shareholder said of Brooks on BBC’s Newsnight programme.
Filed under Britain, FBI, humor, Media, News Corp, parody, politics, Rupert Murdoch, Scandals, snark, Wordpress Political Blogs
From Business Spectator:
The abrupt change in News Corp’s tactics as [it] tries to bring some semblance of control to the maelstrom it is experiencing in the UK hints at a longer-term problem for Rupert Murdoch and his succession plans.
On Wednesday News withdrew its undertaking to spin off Sky News from BSkyB enabling the UK government to refer its proposed bid for the pay television operator to its Competition Commission and ensuring that any final decision on the bid would be deferred for at least six months and probably closer to a year.
That appeared designed to avoid any immediate decision on the bid within an atmosphere of extreme hostility towards News and therefore to preserve the potential for another tilt at BSkYB once the heat eventually dies down.
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Filed under 9/11, Barbara Boxer, Congress, Democrats, Fox News, Gordon Brown, humor, Jay Rockefeller, Media, movies, News Corp, parody, Peter King, politics, Republicans, Roger Ailes, Rupert Murdoch, Scandals, Senate, Senate Commerce Committee, September 11, snark, Wordpress Political Blogs
From TALKING POINTS MEMO:
Senate Minority Leader Mitch McConnell (R-KY) has proposed creating an escape hatch for Congressional Republicans, who have put themselves in a box by threatening not to raise the national debt limit if Democrats don’t agree to trillions of dollars in cuts to popular social programs.
The plan is designed to give President Obama the power to raise the debt limit on his own through the end of his first term, but to force Democrats to take a series of votes on the debt limit in the months leading up to the election. This would stave off the threat of defaulting on national obligations, but keep the charged issues of debt and spending at the center of political debate for months.
The development confirms suspicions that the GOP was unwilling to truly use the looming debt ceiling as leverage to force conservative-friendly changes to popular entitlement programs, but suggests strongly that Republicans plan to continue politicking on fiscal issues through the 2012 elections.
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Filed under Barack Obama, Congress, Democrats, Harry Reid, humor, John Boehner, Mitch McConnell, movies, parody, politics, Republicans, Senate, snark, Wordpress Political Blogs
U.S. House Republicans urged passage of a measure to block a phase-out of traditional light bulbs, as the Obama administration called the bill anti-consumer.
The legislation, which was debated on the House floor yesterday and may be voted on this week, would cost Americans $6 billion in energy savings in 2015, the White House said in a statement yesterday.
Representative Joe Barton, a Texas Republican, introduced the proposal to invalidate lighting efficiency standards that would effectively ban bulbs similar to the one invented by Thomas Edison more than 130 years ago. The requirements were included in a 2007 energy law signed by Republican President George W. Bush.
You remember ol’ Joe Barton, dont’cha, kids? He was the one who called the deal worked out between President Obama and BP in which BP would set up a $20 billion fun to pay for damages after the oil spill in the Gulf of Mexico a “shakedown,” and who apologized to Tony Hayward when he testified in front of the House Committee on Energy and Commerce.
Filed under Al Gore, Barack Obama, Chimpy, Congress, Democrats, George W. Bush, humor, parody, politics, Republicans, Senate, snark, Texas, Wordpress Political Blogs
(Reuters) – Les Hinton was adamant. Asked in 2007 by a British parliamentary committee whether the News of the World had “carried out a full, rigorous internal inquiry” into the use of illegal phone hacking by the newspaper and was “absolutely convinced” it was limited to a single reporter, Hinton did not hesitate.
“Yes, we have,” the then-executive chairman of News of the World’s owner News International told the select committee, “and I believe he was the only person, but that investigation, under the new editor, continues.”
Four years on, Hinton may have serious reason to regret those words.
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Filed under Britain, Gordon Brown, humor, Media, movies, News Corp, parody, politics, Rupert Murdoch, Scandals, snark