Tag: Al Gore

Al Makes Out

As you may have heard, Current TV — you remember Current TV, right? — was just bought out by Al-Jazeera. That’s of moderate interest. Al-Jazeera is better than their reputation: they are one of the few keeping up with the scary developments in the Middle East. And, really, even in their early days, they were probably less anti-American than damned Current TV.

What I found interesting was this little tidbit:

Al Jazeera did not disclose the purchase price, but people with direct knowledge of the deal pegged it at around $500 million, indicating a $100 million payout for Mr. Gore, who owned 20 percent of Current. Mr. Gore and his partners were eager to complete the deal by Dec. 31, lest it be subject to higher tax rates that took effect on Jan. 1, according to several people who insisted on anonymity because they were not authorized to speak publicly. But the deal was not signed until Wednesday.

Are you surprised that the man who has made so much money off the absurdity known as “carbon credits” cashed in on selling out his network and tried to avoid higher taxes in doing so? You are? Do you know that a prime piece of New York real estate spanning the Hudson River could be yours for the low low price of $1 million?

Right now, half the liberal blogosphere is donning sackcloth and ashes because Obama “sold them out” by raising taxes only on those making $400,000 per year, rather than $250,000. Their assumption, however, is bullshit. They assume this happened because Obama is weak. He might be, but they’re ignoring that the tax changes had to go through a Congress full of Democrats. And, as Al Gore’s actions demonstrated, they don’t want to pay high taxes either.