Wednesday, February 10, 2010

Fox News largest outside shareholder is Saudi Prince who blamed America for 9/11

Saudi Prince Alwaleed bin Talal owns a 7% stake in News Corp — the parent company of Fox News — making him the largest shareholder outside the family of News Corp CEO Rupert Murdoch. Last weekend at the right wing Constitutional Coalition’s annual conference in St. Louis, Joseph Farah, publisher of the far right WorldNetDaily, blasted Fox News for its relationship with Alwaleed. 

Farah noted that the Saudi prince had boasted in the past about forcing Fox News to change its content relating to its coverage of Muslim immigrant riots in Paris. He warned that such foreign ownership of American media is “really dangerous.” Many at the conference were unsettled by these revelations.

Media reports of the conference note that Mr. Farah told attendees, “This guy owns a very significant percentage of the News Corp and has let the world know that he can get things taken things off Fox News when he finds them objectionable and has in the past. And I really believe this is really dangerous for America.”

Alwaleed came to most Americans attention following the 9/11 terror attacks when he suggested that it was America's fault because of its foreign policy toward the Middle East and Israel. At the time Many Fox News hosts called the Saudi prince’s comments egregious, outrageous, and unfair.” 

That was before Alwaleed purchased a 7% stake in its parent company. Did these same hosts howl when informed of the Saudi prince’s recent investment in Fox? I don’t think so.

It's not a good sign for FOX when right-wingers rail against their media outlet. Or does this suggest that the Teabagger phenomenon is not really a grassroots movement, but a multi-national corporatist conduit used to artificially manufacture dissent and take the middle class's focus off the real problems in America.  

1 comment:

  1. This explains why Fox News (the republicans favorite propaganda outlet) does all these negative stories on Global Climate change and proposed investments in America's energy infrastructure). They are bought and paid for by the largest producer of oil.

    Fox's new bosses the Saudi terrorist financiers, know that if America moves to invest in new energy technologies then their days are numbered.

    ReplyDelete