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  • johnpi 8:55 pm on February 10, 2010 Permalink
    Tags: , , , corporatism, ,   

    Conservative activists rebel against Fox News: Saudi ownership Is ‘really dangerous for America.’

    Saudi Prince Alwaleed bin Talal owns a 7 percent stake in News Corp — the parent company of Fox News — making him the largest shareholder outside the family of News Corp CEO Rupert Murdoch. Alwaleed has grown close with the Murdoch enterprise, recently endorsing James Murdoch to succeed his father and creating a content-sharing agreement with Fox News for his own media conglomerate, Rotana.

    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 correctly that Alwaleed had boasted in the past about forcing Fox News to change its content relating to its coverage of riots in Paris, and warned that such foreign ownership of American media is “really dangerous.” ThinkProgress was at the speech and observed attendees of the conference murmuring and shaking their heads in disapproval.

    The Saudis get demonized from every point on the US political spectrum. The writer of the above at the liberal Think Progress blog then points out:

    With the Citizens United Supreme Court decision essentially freeing corporations to spend unlimited amounts in campaigns, theoretically Alwaleed can pressure the American corporations he owns stock in to spend millions — or even billions — of dollars attacking candidates he opposes.

    Problem here is that the Saudis sometimes appear in American political discourse as a proxy for ‘scary Muslims,’ and so I see these kind of comments as skewing dangerously close to anti-Muslim fearmongering.

     
  • johnpi 10:30 pm on January 29, 2010 Permalink
    Tags: , , , , corporatism, , , , , , , , ,   

    In wake of US supreme court decision allowing unlimited corporate cash in elections, progressives highlight Saudi Arabia as a country that will take advantage.

    Saudi Arabia’s economy depends on oil exports so stands to be one of the biggest losers in any pact that curbs oil demand by penalizing carbon emissions. “It’s one of the biggest threats that we are facing,” said Muhammed al-Sabban, head of the Saudi delegation to U.N. talks on climate change and a senior economic adviser to the Saudi oil ministry. [...] Climate talks posed a bigger threat, Sabban said, and subsidies for the development of renewable energy were distorting market economics in the sector, he said.”

    Presumably because of the Citizens United ruling, Saudi Arabian-owned subsidiaries operating in the United States can now spend unlimited amounts advocating the defeat of candidates who support clean energy legislation. According to a ThinkProgress investigation, foreign-oil backed lobbyists in America are already instigating efforts to kill clean energy legislation.

    Juan Cole takes this apart a bit, pointing out some interest in Saudi Arabia for green energy, but I’m skeptical of his skepticism. It wasn’t long ago that he belittled the extremist threat in Pakistan as largely limited to the ethnic Pashtun regions of that country, and that certainly turned out to be wrong (though wrong in service of the greater good of puncturing inflated rhetoric at the time about the Taliban being poised to overthrow the Pakistan government).

     
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