Murdoch: $1 Million Donations to GOP Made ‘In the Interest of the Country’
October 15, 2010
(ChattahBox Political News)— In case there was any doubt that Rupert Murdoch was using News Corp. shareholder funds to advance his personal right-wing conservative ideology, Murdoch told the crowd at the annual shareholder’s meeting that’s exactly what he’s doing. Responding to questions from shareholders about News Corp’s unprecedented million dollar donations to the Republican Governors Association and the right-wing Chamber of Commerce, Murdoch defended the donations as being “in the interest of the country and of all the shareholders … that there be a fair amount of change in Washington.” In other words, Murdoch is using his billions and the full force of his media empire that includes The Wall Street Journal, The New York Post and Fox News to topple the Obama administration. This is an unprecedented and shocking admission for a news organization. We can thoroughly dispense with the “Fair and Balanced” falsehood now.
Earlier in the week, two shareholders complained about the partisan donations to one political party during an election season, and they demanded disclosure of all political contributions made by News Corp. The Nathan Cummings Foundation, a progressive organization that owns stock in News Corp., was particularly enraged at Murdoch’s use of shareholder funds to support Republican candidates.
The Foundation sent a letter to the board of directors demanding full disclosure of the company’s political donations by the start of the shareholder’s meeting. The foundation cited the “potential for abuse” and objected to shareholder’s assets being used “to further the political aspirations of his [Murdoch's] personal friends and to support his own ideological political agenda.”
Today at the shareholder’s meeting, Murdoch inexplicably defended his partisan hackery by suggesting that Democrats and President Obama were bad for the country.
Media Matters reports:
“Responding to shareholder questions regarding News Corp.’s controversial $1 million contributions to the Chamber of Commerce and the Republican Governors Association, Rupert Murdoch said the donations were “unusual” and “in the interest of our shareholders and the country.” Murdoch also said that it is “in the interest of the country and of all the shareholders … that there be a fair amount of change in Washington.” [...]
“Sir Roderick Eddington, chairman of the audit committee, said he understood shareholders’ calls for transparency and Murdoch indicated the company would consider some type of disclosure.”
“Murdoch also said that shareholders would not be engaged in selecting recipients of donations, and that if shareholders disagreed with directors’ decisions, “you have the right to vote us off the board.”‘
And regarding Murdoch’s comment made to Politico that he gave the RGA $1 million dollars because of his friendship with GOP gubernatorial candidate and former Fox News host, John Kasich, Murdoch tried to walk back his remarks.
“I didn’t say it had nothing to do with News. Corp. I did make a foolish throwaway line saying — I was trying to — candidate Kasich who used to work for us for a number of years,” said Murdoch.
Unbelievable. Imagine the right-wing hysteria if the situation was reversed and MSNBC gave millions to the Democratic Party, without donating to the GOP, and then defended the unprecedented partisanship for a news organization by saying the donations further “the interest of the country.”
How many more millions has Murdoch given to the GOP this election cycle?
Photo Source: Wikimedia/worldeconomicforum-Flickr/Creative Commons Attribution.