Politics
Out of context: Reply #10385
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- ukit0
You would have to be incredibly naive to think that once we allow elections to go to the highest bidder, it won't give foreign individuals or even foreign governments the ability to participate. Which corporations, in your reading of the decision, are going to be barred by the law you refer to - all of them? Most American corporations have foreign investment of some kind, and in many cases may be effectively run by foreigners who have a controlling stake.
Maybe you should stop listening to Fox, which is partly controlled by the Saudi Royal Family, and think for yourself.
"Saudi billionaire and News Corp. shareholder Prince Alwaleed bin Talal on "Charlie Rose" Wednesday night endorsed James Murdoch as next CEO of News Corp. whenever father Rupert chooses to step down.
"If he doesn't appoint him, I'll be the first one to nominate him to be the successor of Mr. Rupert Murdoch, god forbid if something happens to him," Alwaleed said on the show on PBS, which will be re-aired on Bloomberg TV Thursday night.
Asked by Rose again if James Murdoch was his future CEO candidate, Alwaleed said: "There's no doubt, because I know him, I have full confidence in him, full trust in him, and he's capable." He added: "He's really Rupert Murdoch in the making, and he's almost there now."
Alwaleed owns about a 7% stake and is the largest shareholder in the company besides the Murdoch family."
- Why are we even blurring the distinction between corporations and citizens at all?Mimio