Wednesday, January 28, 2004

It's true that Dean yelled at his Monday night rally in Iowa. And so what? Basically, at a pep rally, he yelled like a football coach. This is described as being "unpresidential." But says who? Besides, what's the definition of 'presidential?' Isn't giving insulting nicknames to world leaders unpresidential? Isn't sending hundreds of American soldiers to die for uncertain and misrepresented ends in Iraq unpresidential?or worth considering as such? Isn't having an incredibly poor grasp of essential world facts and an aversion to detail and active decision making unpresidential?
Once the howl of the pack gets loud enough, questioning the seriousness of Dean's so-called 'problems' becomes tantamount to downplaying allegations against Michael Jackson.

And overnight, if you combine voting and non-voting shares, Liberty has become the largest holder of equity in News Corp.
Maybe he was motivated by more mundane concerns than disrupting the Murdoch succession. For one, he seems to have got a great deal on the voting shares, buying them at $29 each, when, at close of play on Wednesday, they were valued at $38 apiece. And there is another possible explanation. That by increasing his weight at News Corp, he will be able to ensure that DirecTV has little choice but to carry his various content-producing properties such as QVC and CourtTV.
Some analysts were speculating that Mr Malone might be positioning himself for the moment when the holding is split up among all these heirs - and control of the company really is up for grabs.












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