Al Gore: Another guy who’s not ‘patriotic’ by Obama’s standard

Ira Stoll notices a timely little nugget in the New York Times’ story about the sale of Current TV, co-founded by former Vice President Al Gore, to Al Jazeera:

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. (emphasis added)

Hmmm. Does this mean Gore is not one of the “well-to-do Americans, patriotic Americans, who,” according to President Obama in a campaign speech back in August, “… are willing to do the right thing, willing to do their part to make this country strong” by paying higher taxes? One of those people who has “made enough money”?

In fact, amid all the stories about companies paying dividends early to help investors avoid higher taxes (such as Costco, which like Current TV was co-founded by a confirmed Democrat) or doing the same with bonuses (such as Goldman Sachs, whose executives famously supported Obama heavily in 2008 before largely abandoning him last year), can anyone find a story about companies or individuals actively taking steps to ensure they do pay higher taxes?

Who are these well-to-do, patriotic people trying to do as Obama wishes? And don’t give me a link to op-eds Warren Buffett has written about the need for wealthy people to pay more taxes. Not when his company has been fighting the IRS about its tax bills — presumably not in an attempt to pay more than the feds are seeking — and recently bought back $1.2 billion worth of its shares to keep a single unnamed investor from having to pay higher tax rates.

Who are these patriotic Americans? If their cause is so good, why haven’t we heard about any of them acting on it rather than just grandstanding about it?

– By Kyle Wingfield

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247 comments Add your comment

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
12:07 pm

Because (as usual) their poutrage and rules only extend to others, not themselves, Kyle.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:09 pm

They are doing what is legal. You have a problem with that? For 2013 the laws change and everyone will work within that new structure.

The point is, we got the structure changed.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:13 pm

Poutrage is what we will see from Cons when their leaders try to use the debt ceiling as a bargaining chip and the business leaders have to step in and put the beat down on them in public.

“You GOP children…” (smack…smack…smack)

Aesop's Fables and other Lib Economic Theories

January 3rd, 2013
12:14 pm

I think you know your answer, Kyle.

What the democrats wish for us is not what they wish for themselves.

Edward

January 3rd, 2013
12:15 pm

More whining from Kyle and his handlers.

Rafe Hollister preparing for an Obamanist America

January 3rd, 2013
12:17 pm

Hypocrite, thee name is Democrat. If Romney had made this decision it would have had them foaming at the mouth, but Gore is just following the law. When Bush did not pay for his Tax Cuts, the Dems howled about they were only for the Rich and he did not pay for them, putting them on the credit card. Obama has now passed his own Tax Cuts for the Wealthy and put them on the credit card. Not one word from the Dems.

I know I criticized Bush for his spendthrift ways and lack of fiscal discipline, and I know other conservatives did as well, but you never hear a Dem leave the plantation and speak the truth about Barry. The closest JDW can get to criticism of Obama is to call him average. JDW had to really grade on the curve to arrive at that!

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:17 pm

What the democrats wish for us is not what they wish for themselves.

So, when taxes come due in 2013/2014, Democrats are exempt? Do you think you could possibly make a lucid argument on this blog for once?

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:21 pm

I know I criticized Bush for his spendthrift ways and lack of fiscal discipline

yeah, right…LOL

Rafe Hollister preparing for an Obamanist America

January 3rd, 2013
12:23 pm

Finn, I believe it was just yesterday, when you were defending Obama’s embrace of the tax cuts, you said the only problem with them (revision for you I’m sure) were they were not paid for.

Obama’s new Tax Cuts for the Wealthy are not paid for either, just more generational theft. What say you?

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:24 pm

Will Boehner tire of the annual smackdown he recieves from Obama and relinquish his “Weeper of the House” role or will he stay put. Personally, I think he kinda likes the pain.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:26 pm

What new tax cuts for the wealthy, Rafe?

Rafe Hollister preparing for an Obamanist America

January 3rd, 2013
12:28 pm

Finn, just because you are an Barry Believer and sycophant and never criticize him doesn’t mean that others are more ideologically driven than party/President driven. I oppose every GOP that supports wasteful spending. I totally wrote off Richard Shelby, when he was one of the few Dems that supported the Obama Porkulus Bill in 2009, just because Alabama received a payoff. He had before that presented himself as a small gov, low tax, fiscal conservative. He is just a big blowhard, out to get reelected at the expense of the country, he might as well be a Democrat.

carlosgvv

January 3rd, 2013
12:32 pm

Obama was critizing Republicans for stubbornly refusing to raise tax rates on their corporate sponsors.

Kyle, I think you know this.

Pleas stop being disingenuous.

Rafe Hollister preparing for an Obamanist America

January 3rd, 2013
12:33 pm

Finn, can’t explain your hypocrisy, huh? The Taxpayer Relief act of 2013, that Kyle wrote about yesterday tax cuts.

JDW

January 3rd, 2013
12:35 pm

@Kyle…man you must have over imbibed during the vacation to actually try to make this case with a straight face…we are not talking about individuals here…these are all corporations or partnerships whose Boards have a FIDUCIARY RESPONSIBILITY to act in such a way as to maximize cash for their constituents.

As any lawyer would tell them they would be sued and lose if a SINGLE stakeholder chose to proceed with an action. Surely you are not suggesting that EVERY Costco or Current TV shareholder is a Democrat…are you?

Georgia

January 3rd, 2013
12:35 pm

Don’t take advantage if the tax code or the terrorists win.

Lil' Barry Bailout - OBAMAPHONE!!!

January 3rd, 2013
12:40 pm

But Warren Buffet said investment decisions weren’t affected by tax rates.

I guess he was in Political Warren mode when he said that.

Gore: Un-American liberal fascist.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:40 pm

“[Obama] needs to announce that he will exercise the powers enumerated in Article Four of the Fourteenth Amendment and raise the debt ceiling executively if the Congress won’t do so.”

ww.salon.com/2013/01/03/give_obama_a_break_on_the_fiscal_cliff/

Exactamundo. And face the legal challenges and probable attempt at impeachment by the Cons. Both will end in O’s favor.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:42 pm

But Warren Buffet said investment decisions weren’t affected by tax rates

You folks can’t understand what Buffet was saying here?

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
12:42 pm

“Al Gore: Another guy who’s not ‘patriotic’ by Obama’s standard”

Well, given that President Incompetent’s standards are all for sale and extremely low, this is kind of a given.

Lil' Barry Bailout - OBAMAPHONE!!!

January 3rd, 2013
12:44 pm

carlosgvv: Obama was critizing Republicans for stubbornly refusing to raise tax rates on their corporate sponsors.
——-

Note that corporate tax rates were not touched by this fiscal cliff deal. Just small business.

Obozo’s corporate sponsors win again.

td

January 3rd, 2013
12:44 pm

It appears that Glen Beck wanted to buy this channel but no Al Gore had to sell it to the radical Muslims so Beck was turned down.

Filter

January 3rd, 2013
12:45 pm

I have never been a liberal. Never. I have always been center left and have never made any attempt to disguise that fact. That being said, I stand constantly amazed these days at how many people on the right claim to have been critical of GWB for his economic policy. I know I was critical of it at the time and I was called everything but a child of God by every person remotely to the right of me for about 5-6 years. I never EVER heard anyone I know, and almost everyone I know is rank and file right wing, criticize GWB at the time. It seemed everything he did was right on, rational and for the good of the country etc. and by my dissent I was a pariah.

Now that things didn’t work out so well all these guys like Rafe want to stand up and say “I saw through it all and was critical then.” Now I am not calling Rafe out particularly as I do not know him, but it seems an awful lot like what happened with the original Woodstock: 500,000 attended……..500,000,000 say they did.

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
12:46 pm

“these are all corporations or partnerships whose Boards have a FIDUCIARY RESPONSIBILITY to act in such a way as to maximize cash for their constituents.”

Corporations are people, my friend . . . .

Just as they were when you were complaining about them doing the same thing just last year.

And let’s be clear here. NOTHING gets approved at Berkshire without the approval of Buffett. Nothing. And Al Gore owned 20% of CurrentTV – not an insignificant sum.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:48 pm

radical muslims, td? Al Jazeera is a news channel. It’s not a person. Last I heard, only humans can have religious convictions.

Anyway, it would be better off in the hands of radical muslims than blabbering idiots like Glen Beck.

iggy

January 3rd, 2013
12:49 pm

Al Goron…ugh…

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
12:51 pm

“Al Jazeera is a news channel.”

Yeah, and Jay Carney is just a press secretary. :lol:

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:51 pm

I guess Univision is a radical Hispanic?

Instead of a Hispanic language news channel?

Aesop's Fables and other Lib Economic Theories

January 3rd, 2013
12:52 pm

I think the larger point of the story is that al jazeera and current are perfect for each other. This is truly a match made in paradise! Now they can go Forward! together, using women, gays and minorities as fodder for their political/ religious causes. al gore would love all of us to go back to the Stone Age and al jazeera is already there! Plus, he already watches it inside of his massive Tennessee Kompound where energy use is blessed upon him by his various minions and stooges.

Let’s all party like it’s 1399!

Kyle Wingfield

January 3rd, 2013
12:53 pm

Finn @ 12:09: But if they were so keen on changing the structure, why did they act under the old “bad” structure instead of the new “patriotic” one?

Because when they talk about their support for higher taxes, they’re full of it. That’s why. All their actions run counter to their words.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:53 pm

If it sounds Muslim it must be terrorist, fundamentalist, evil, and radical, right?

If you can speak arabic, you are all of the above, right?

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:54 pm

Time Warner dropped Current on the news so the deal may not happen.

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
12:58 pm

Ignoring the propagandist history of Al Jazeera is easy for people who bought into the narrative that Mitt Romney was a murderer and felon.

Such simple-mindedness is how we got President Incompetent twice.

Kyle Wingfield

January 3rd, 2013
12:58 pm

JDW @ 12:35: Costco had a FIDUCIARY RESPONSIBILITY to borrow billions of dollars against future earnings to pay the dividends from those future earnings in the present? BH had a FIDUCIARY RESPONSIBILITY to go against its long-standing practice of not doing share buybacks to buy back $1.2B worth from one guy? Al Gore — note the story says he was pushing for it as an individual — had a … well, you get the idea.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
12:58 pm

This is like voting that Paypal institute a fee structure on Ebay sellers in order to limit or curb abuse by schemers and con artists but timing your most recent “for sale” items to end before the new rates go into effect.

Duh

Pizzaman

January 3rd, 2013
12:59 pm

I guess it’s OK for Republicans to “use” the law and tax code all day long but it’s not OK for the Democrats. BTW:Al Jazeera is one of the few, if not only, pro American voices in the Muslim world.

Aesop's Fables and other Lib Economic Theories

January 3rd, 2013
1:01 pm

Finn – I’m thinking that your inability to see the radical extremism of al jazeera just might be an indictment of you, more than a defense of them.

Kyle Wingfield

January 3rd, 2013
1:02 pm

Finn @ 12:40: The debt ceiling will be a secondary issue compared to the sequester cuts and continuing budget resolution, both of which are due to be decided around the same time.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
1:02 pm

Mitt Romney was a murderer and felon

LOL, whoever said any of that? This sounds like dreamed up excuses for why Romney lost. Now if you had said “bully”, or “draft dodger” we would say, yes…

Murderer? LOL. IS this how you folks explain the loss to your kids? “Liberals sold the gullible on Romney being a MURDERER and, and, and a FELON!”

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
1:03 pm

It’s funny that there is one job Romney coveted above ALL ELSE but was not willing to show his tax reports in order to get it.

And there was nothing bad in there? LOL

Kyle Wingfield

January 3rd, 2013
1:05 pm

Pizzaman @ 12:59: Oh, of course it’s perfectly legal for those people to do what they did. Hypocritical, but legal. What I want to know is: Who are these patriots Obama mentioned who are so willing to act on their convictions?

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
1:06 pm

Pizzaman, it’s OK for both Republicans and Democrats to use the tax laws as written.

It’s NOT OK to complain about the same use by Republicans (and make it a campaign talking point) when Democrats are more than willing to use them as well.

I’m sure you now see the difference.

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
1:07 pm

“LOL, whoever said any of that?”

The campaign of the guy you voted for, Finn.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
1:08 pm

Folks, PEOPLE flew the planes into the WTC, not Islam. They weren’t mad at the US for being primarily Christian or because their religion TOLD them to fly those planes into those buildings.

They were people just mad at the US who HAPPENED to be from predominantly Muslim countries.

Ya’ll want to fight the enemy but you don’t even know who the enemy is! LOL

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
1:10 pm

I guess we could say Adam in Sandy Hook was a christian terrorist/ mass murderer because he is from the US which is primarily christian and, in fact, Adam was known to be a christian himself.

We should’t ban guns, we should hate/ban/go to war with Christians!

Aesop's Fables and other Lib Economic Theories

January 3rd, 2013
1:12 pm

al jazeera propagandizes on behalf of terrorism, this shouldn’t be too hard to understand, well, I guess it shouldn’t be.

Time Warner was able to figure it out.

Finn McCool (The System isn't Broken; It's Fixed)

January 3rd, 2013
1:13 pm

Sequester cuts? LOL. We got what we wanted. What are these sequester cuts of which you speak?

Oh,those? Hehehe. We were just kidding about those…..and ya’ll fell for them hard.

Rafe Hollister preparing for an Obamanist America

January 3rd, 2013
1:14 pm

Kyle, Obama was a hypocrite on Patriotism, long before Al Gore. Remember he said Bush was unpatriotic and irresponsible for running up those debts and deficits. Pot (head) calling the kettle black, hah!!

Filter, I am a fiscal conservative and do not care who is wasting the money confiscated from me, I am opposed to their political survival. I voted against Dubyah twice in the primaries, and criticized him from the get go on spending and vehemently opposed Medicare part D. We must read and run in different circles, because there were many on the right that criticized him for his spending and also vehemently opposed Med Part D.

@@

January 3rd, 2013
1:15 pm

Dems are the “do as we say, not as we do crowd”. Since the GOP isn’t demanding higher taxes, the shoe doesn’t fit their foot.

If the left wants to substitute “the family values” claim, they could….but taxpayers don’t pay the price for a politician’s sexual indiscretions.

Tiberius - pulling the tail of the left AND right when needed

January 3rd, 2013
1:15 pm

“Folks, PEOPLE flew the planes into the WTC, not Islam.”

And yet, when it comes to gun use, you don’t ever get around to blaming the people, do you, Finn?

Your inconsistency of beliefs is simply astounding.