Al Gore's Payday Reeks With Hypocrisy

[trysail]

Fat Albert played you for chumps and, by god, the chumps fell for it.

You've been had.​

The same people fall for e-mails from Nigerian bankers promising easy money. Why do you always fall for charlatans and buncombe artists?


________________

http://www.bloomberg.com/news/2013-...-70-million-from-qatar-funded-al-jazeera.html



Al Gore’s Payday From Oil-Rich Qatar ‘Reeking With Irony’
By Jeff Green and Christopher Palmeri
January 4, 2013

Al Gore, who shared the 2007 Nobel Peace Prize for his fight against global warming, may gross about $70 million from the sale of his Current TV network to Al Jazeera, the cable channel funded in part by oil-rich Qatar.

Al Jazeera will pay about $500 million for Current TV, including the stake held by Gore, 64, according to two people with knowledge of the deal. The network is one of dozens of investments made by the former vice president since he lost the 2000 presidential race by a slim margin.

“It’s reeking with irony,” said Jeff Sonnenfeld, senior associate dean at the Yale School of Management, who studies corporate governance. “It seems to be at least a paradox in terms of his positions on sustainability and geopolitics.”
[ irony ?? paradox ?? ROTFLMFAO Mr. Sonnefeld is choosing his words very carefully in order to avoid using the apposite words, which are: HYPOCRISY/HYPOCRITICAL ]


The deal highlights Gore’s makeover from career politician to successful businessman. His take from the Current TV sale is many times the maximum net worth of $1.7 million he reported while running for president in 1999. Besides investing in startups, Gore is on the board of Apple Inc., an adviser to Google Inc., according to his website biography, and a partner at Kleiner Perkins Caufield & Byers...

2004 Purchase
Gore holds a 20 percent stake in Current TV, according to the people, who asked not to be named because the sale terms aren’t public...

The Current TV price represents a sevenfold increase from the $71 million Gore and his partners paid for the predecessor company in 2004, according to the filing. Gore, chairman, and Joel Hyatt, a co-founder and chief executive officer, announced the sale on Jan. 2, without providing financial terms.

Kalee Kreider, a spokeswoman for Gore, didn’t respond to a phone call or e-mail request for comment.

“Many Americans are tired of borrowing huge amounts of money from China to buy huge amounts of oil from the Persian Gulf to make huge amounts of pollution that destroys the planet’s climate,” Gore said in September 2006 at the New York University School of Law. “Increasingly, Americans believe that we have to change every part of that pattern.”

Current Investors
The network’s investors included funds controlled by Los Angeles billionaire Ron Burkle and San Francisco money manager Richard Blum, according to the 2008 filing, when the company unsuccessfully sought to sell stock to the public. Blum is married to U.S. Senator Dianne Feinstein, a Democrat from San Francisco...

Al Jazeera is closely held and gets some funding from the government of Qatar, a small country on the eastern side of the Arabian Peninsula that gets almost half of its gross domestic product from oil and gas, data compiled by Bloomberg show.

“Under Qatari law, Al Jazeera Media Network is incorporated as a private, non-profit company,” Charlotte Fouch, a spokeswoman, said in an e-mail. “Al Jazeera receives funding from the State of Qatar, much like other publicly funded broadcast networks.”

Gore’s Fund
...Most of Gore’s investments are made through Generation Investment Management, which he co-founded with former Goldman Sachs Group Inc. executive David Blood. The most recent regulatory filing lists about $3.6 billion under management in 29 publicly traded companies.

Gore was the co-recipient, with the Intergovernmental Panel on Climate Change, of the 2007 Nobel Peace Prize for “informing the world of the dangers posed by climate change,” according to his official biography.

He served in the U.S. House of Representatives from 1977 to 1985 and then in the U.S. Senate until he took office as vice president under Bill Clinton in 1993.




http://www.bloomberg.com/news/2013-...-70-million-from-qatar-funded-al-jazeera.html

 

[islandman]

I'm confused....

Are you suggesting that the sale of the network somehow increased the levels of greenhouse gases in the atmosphere?

 

[RjThoughts]

I'm confused....

Are you suggesting that the sale of the network somehow increased the levels of greenhouse gases in the atmosphere?

No, that's not true, because if he sold the network to Beck, THAT would increased the greenhouse gasses.

 

[bigkahuna9]

Hypocracy doesnt matter to liberals... Silly

 

[Wrong Element]

I'm confused....

Are you suggesting that the sale of the network somehow increased the levels of greenhouse gases in the atmosphere?

I'm even more confused, because there's no one on the GB on the record as caring LESS about fossil fuels, global warming, and the connection between the two than Trysail.

I think this is the third thread complaining about Gore founding a company and selling it for a profit. What I don't get is why it's the so-called pro-business types here doing the complaining.

 

[trysail]

I'm even more confused, because there's no one on the GB on the record as caring LESS about fossil fuels, global warming, and the connection between the two than Trysail.

I think this is the third thread complaining about Gore founding a company and selling it for a profit. What I don't get is why it's the so-called pro-business types here doing the complaining.

Nope.

Remember— this is Bloomberg and a guy from Yale calling Fat Albert two-faced:

Al Gore’s Payday From Oil-Rich Qatar ‘Reeking With Irony’
http://www.bloomberg.com/news/2013-...-70-million-from-qatar-funded-al-jazeera.html


It's too rich for words.

 

[islandman]

Nope.

Remember— this is Bloomberg and a guy from Yale calling Fat Albert two-faced:

Al Gore’s Payday From Oil-Rich Qatar ‘Reeking With Irony’
http://www.bloomberg.com/news/2013-...-70-million-from-qatar-funded-al-jazeera.html


It's too rich for words.

From your article:

In April, Gore’s fund was part of $110 million in venture capital invested in Harvest Power Inc., a closely held company that produces renewable energy from waste such as food scraps.


Oh, what a cad!

 

[BoyNextDoor]

I think you need to look up the meaning of the word hypocrisy in the dictionary.

A venture funded business sold at a profit. WTF is wrong with that?

 

[Squibbs]

Been had?...lol

Al sure showed them! Ha!

 

[trysail]

Been had?...lol

Al sure showed them! Ha!

What the hoopleheads haven't figured out yet is that when they end up paying 1½ times more for their electricity than they otherwise would, the difference is going into the pockets of Fat Albert and his cronies.

 

[Sean Renaud]

What the hoopleheads haven't figured out yet is that when they end up paying 1½ times more for their electricity than they otherwise would, the difference is going into the pockets of Fat Albert and his cronies.

Nobody cares. Everybody knows where the money goes and nobody gives a shit.

 

[RjThoughts]

I think the Neo-Cons are pissy because Gore didn't sell to Glenn Beck!! Plain and simple!!

 

[trysail]

Even the dolts in Cali will care when the lights go out— as they inevitably will.

http://data.giss.nasa.gov/gistemp/graphs_v3/Fig.C.gif

​

 

[Beco]

I just dont see what is wrong with this other than Gore making a good investment and possibly using his fame to secure a sale. Happens all the time....

 

[badbabysitter]

there is a reason why he is called tryfail after all


classic

 

[bumlicker]

hypocrisy is

just a democratic word for a democrat

 

[bumlicker]

hes actually a modern

day P.T. Barnum "theres a sucker born every minute"

 

[JackLuis]

Will Americans ever get to see Al Jazeera?

Or will Time Warner stack the deck against them?

"Even as Time Warner carries Russia Today, CCTV out of China and other foreign-owned channels, it is excluding this channel before they even know what it will offer. This could be a ploy to jack up licence fees - a la Fox News - but there is probably more to it.

In reporting on the deal: Fox first focused on how much money - $100 million - it claims that Al Gore, an early investor in Current, will make for his 20 percent stake in the network. Bashing Democrats is always Fox's first priority (it now turns out that Glenn Beck wanted to buy Current, but Gore went with Al Jazeera).

Fox does not report on rumours that its owner Rupert Murdoch and his Saudi partner Prince Walid visited Al Jazeera and reportedly were interested in buying the channel, or that Al Jazeera frequently exposed bogus pro-US military propaganda that Fox carried as news during the Iraq War."

 

[bigkahuna9]

I just dont see what is wrong with this other than Gore making a good investment and possibly using his fame to secure a sale. Happens all the time....

Its the hypocracy of the Fat ass piece of shit Al Gore the massage rapist getting rich off of phoney carbon credit trading, green company frauds and mostly getting rich from selling a network not worth $5 million ( unseen, unheard,and full of BS at best) much less $500 million. This came from oil money ...the very thing that fat fuck rails against daily telling us all we have to cut back on everything while his bloated ass runs around on big ass private planes, jets,( instead of using public transportation or the internet to teleconference) limos while living in one of his 5-7 mansions that eat up 12-20 times the average american home. Then he buys a few fake carbon credits to make his fat ass feel better and make it sound good. He probably sells those phony carbon credits to himself to boot.


I dont care if the fat nasty pervert gets rich. Just shut the fuck up about trying to tell the rest of us how to live, what to drive, how to drive and where to drive. Just shut you fat piehole you traitor and sellout. You are selling out to a company that supports terrorists and actively fights against the USA and its interest. What a complete and total waste of sperm .

 

[RjThoughts]

Ladies and Gentlemen, I give you a Glenn Beck listener/watcher/follower...

Its the hypocrtacy of the Fat ass piece of shit Al Gore the massage rapist getting rich off of phoney caron credit trading, green company frauds and mostly getting rich from selling a network not worth $5 million ( unseen, unheard,and full of BS at best) much less $500 million. This came from oil money ...the very thing thjat fat fuck rails against daily tell us all we have to cut back on everything while his cbloated ass runs around on big ass private planes, jets,( instead of using public transportation or the internet to teleconference) limos while living in one of his 5-7 mansions that eat up 12-20 times the average american home. Then he buys a few fake carbon credits to make his fat ass feel better and make it sound good. He probably sells those phony carbon credits forom himself to boot.


I dont care if the fat nasty pervert gets rich. Just shut the fuck up about trying to tell the rest of us how to live, what to drive, how to drive and where to drive. Just shut you fat piehole you traitor and sellout. You are selling out to a company that supports terrorists and actively fights against the USA and its interest. What a complete and total waste of sperm .

 

[bigkahuna9]

Ladies and Gentlemen, I give you a Glenn Beck listener/watcher/follower...

Ladies and Gentlemen I give you an Obama fluffer. Feel better now ? Dick

 

[RjThoughts]

Ladies and Gentlemen I give you an Obama fluffer. Feel better now ? Dick

Glenn Beck is not your Lord and Savior. Please, stop making excuses for him, and please, for God's sake, turn him off!

 

[LadyVer]

Ladies and Gentlemen, I give you a Glenn Beck listener/watcher/follower...

Yeah, it's obvious....

 

[bigkahuna9]

Glenn Beck is not your Lord and Savior. Please, stop making excuses for him, and please, for God's sake, turn him off!

Before you speak you ought to have a clue... I dont listen to Glenn Beck.. and If I did what would be the difference. Stop listening to Special Ed Schultz.

We all know liberals cant think for themselves... No go play in traffic

 

[KingOrfeo]

What the hoopleheads haven't figured out yet is that when they end up paying 1½ times more for their electricity than they otherwise would,

What makes you think that?

the difference is going into the pockets of Fat Albert and his cronies.

And what makes you think that? No part of it is supported by your link in the OP.