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Sat Oct 6, 2012, 01:01 PM

Romney backer Sheldon Adelson drawing fire over plight of Israeli newspapers

Source: Kansas City Star

TEL AVIV, Israel -- The economic crisis thatís hit the newspaper industry in the United States and elsewhere is threatening some of Israelís most influential publications and could soon leave the country with virtually no liberal-leaning printed newspapers.

Haaretz, Israelís most prominent left-wing daily, didnít publish a print edition Thursday for the first time in three decades as layoffs threatened much of the staff. Maariv, one of the countryís largest newspapers, has announced that it might switch soon to Web-only distribution with a weekend print version; the alternative, the paper has said, is closing.

* * *
Publishers say that competition with the Internet, as in the rest of the world, is one reason for their decline. But they say a far bigger influence has been the cost of competing with Israel Hayom, a free-distribution newspaper that American casino magnate Sheldon Adelson founded five years ago.

Adelson, whose personal fortune has been estimated at more than $20 billion, is a staunch supporter of Prime Minister Benjamin Netanyahu, leader of the right-wing Likud bloc. Heís poured millions into the paper, whose often-fawning articles about Netanyahu have earned it the sobriquet ďBibi Press,Ē a reference to the prime ministerís nickname.


Read more: http://www.kansascity.com/2012/10/05/3849705/romney-backer-sheldon-adelson.html



Like the U.S., Adelson is subsidizing a right wing corporate media outlet to undercut more objective media outlets.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 01:29 PM

1. No accident there. Same pattern everywhere the money goes. Stifle the truth, bankroll the lies.

After a while, the only thing guiding them will be the propaganda. It was also a classic bait ahd switch, giving the paper out for free to destroy the free market. Ironic.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 01:57 PM

2. Hey Shady Adel...

Why don't you spend some of those billions to help out your freak'n STATE for a change.

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Response to SoapBox (Reply #2)

Sat Oct 6, 2012, 02:02 PM

3. The Adelson Educational Campus

One of the finest learning facilities in the country, The Dr. Miriam and Sheldon G. Adelson Educational Campus is committed to providing students with an education that prepares them for life. Our comprehensive approach emphasizes educating each student to be academically stimulated, emotionally secure and physically healthy. We want to send students who possess confidence and a strong sense of self into the world. It is our vision that our students will become the moral and ethical citizens of tomorrow.

http://www.adelsoncampus.org/

For what that is worth.

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Response to oberliner (Reply #3)

Sat Oct 6, 2012, 09:41 PM

7. If Adelson's got his name on something

 

You bet he is buying his way to heaven.

He's going to hell, and he'll be burning there for eternity.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 04:19 PM

4. ADELSON MAY be in jail, if his violations of AFPA in CHINA are found to be Criminal.

How much would you pay to stay out of jail. If you are mogul ADELSON, it is millions in republican polity and around the world. I sure hope Obama wins a 2nd term. I would like to see Holder get this guy and Murdoch.

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Response to CarmanK (Reply #4)

Sat Oct 6, 2012, 09:44 PM

8. I don't want Holder serving as a AG for the second term.

 

We need a Jennifer Granholm ready to tear down the Wall Street bankers and criminals like Adelson and leave the MMJ industry alone despite her anti-marijuana stance. Obama will NEED to find someone who's willing to work with the states (including Colorado) once they pass the legalization of cannabis.

The AG office can net the U.S. billions of seized funds from criminals like Adelson and Romney (after his indictment for tax evasion comes through) - and put it back in the U.S. Treasury.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 08:21 PM

5. A lier has many faces and lots of evil money.

Watch your back Netanyahu.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 09:41 PM

6. Adelson will be indicted

 

and he will be cut off from his billions.

And sentenced to life in poverty.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 10:26 PM

9. Right wight scum: the FREE newspaper is putting all the others out of business, nice one!!!

At the gym today I saw on a TeeVee a Faux segment entitled: Is one party rule better for the economy? WTF! Yeah, its real good if your goal is a police state or something.

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Response to TomCADem (Original post)

Sat Oct 6, 2012, 10:41 PM

10. Adelson gives Jews a bad name - I wish he would quit bankrolling the lies and lying liars/press

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