Saudi Prince owns 7% stake in Fox News parent News Corp

Conservative activists show concern that Fox News ownership by Saudi Prince could be “dangerous”.

Read More: Think Progress » Conservative Activists Rebel Against Fox News: Saudi Ownership Is ‘Really Dangerous For America’.

Posted under Corruption, Energy, Keeping Informed

This post was written by PoliticsRX on May 24, 2010

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The Budget Deficit – Briefly Explained

When speaking of the new 2009 budget submitted by the Whitehouse, claims seem to be wildly overstated.

When taking office, the Obama Administration inherited a $1.3 trillion yearly deficit.  That includes the costs of the wars.

The new budget submitted by the Obama Administration extends that to $1.8 trillion.  That means the changes and additions to the budget come to “only” $500 billion, or .5 trillion more that what was inherited.  Not bad, considering the first round of TARP funds sought and approved by the Bush Administration was $700 billion, alone.

Posted under Energy, Healthcare, Keeping Informed, Stimulus, Taxes

This post was written by PoliticsRX on April 1, 2009

AP Interview: Reid pushing for climate change bill

According to an AP Interview, Senate Majority Leader Harry Reid is planning to tackle the issue of climate legislation, including clean energy use, ahead of the international climate negotiations in December.

AP Interview: Reid pushing for climate change bill.

Posted under Energy

This post was written by PoliticsRX on February 20, 2009