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January 3, 2013
Al Gore Pockets Estimated $100M on TV Sale to Arab Oil-Backed Al Jazeera
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Enviro-loon/former VP Al Gore, whose post-vice presidential work has centered around reducing greenhouse gas emissions and other green causes, talks a good anti-fossil fuel game but when it comes to his bank accounte ... he doesn't give a damn as to where the money comes from:
Al Gore's Current TV confirmed Wednesday evening that it has been sold to Al Jazeera for an estimated $400 to $500 million, with the former vice president set to pocket up to $100 million from the sale.So, loud mouth Al just pocketed 100 million dollars from the oil he's been railing against for the last couple decades. But that's no all the story ... his hypocrisy doesn't end there - he made sure the transaction took place by the end of 2012 so as to avoid the higher taxes that went into effect as part of President Obama's soak-the-rich fiscal cliff ultimatum. But wait ... there's even more to this story than the way Gore parlayed a vanity project into a financial windfall from Arab oil. It's the way he will assist the plan of Al Jazeera, which has long been rightly dismissed by the American public as a platform for Islamist and anti-American and anti-Israel propaganda.In an email sent to Current TV's staff, co-founder and former chief executive officer Joel Hyatt describes the selling process he and co-founder Al Gore went through in considering sale to Al Jazeera, acknowledging Current TV was a failed model.
Hyatt points to the Al Jazeera's many accomplishments, including its global reach and for being the "only news network" that Obama-supporter Colin Powell watches, as factors in their decision.
The announcement makes clear that Al Jazeera plans to create a new international news network for an American audience called "Al Jazeera America."
Related video: FOX News Host Mocks Al Gore's Failed TV Venture Current TV.
"So Current TV, which nobody has ever heard of, most of our viewers never heard of this thing. It's in 40 million households. Only 42,000 are watching it on a given night. That's not good. Just FYI from being in the cable world I can tell you."
Posted by Hyscience at January 3, 2013 11:47 AM
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