Donations Show Fox News, WSJ Are Propaganda Wing Of Republican Party
News Corp.'s board of directors has decided to come clean about all this and start releasing details about political donations, starting in earnest this summer. But there's already information about where these donations have been going before this.
News Corp., which includes Fox News Channel and the Wall Street Journal among its holdings, last year contributed $US1.25 million to the Republican Governors Association, which was disclosed, and $US1 million to the US Chamber, which wasn't. The second sum was reported by Politco in October.
Such corporate donations are separate from the contributions made by a company's political action committee, which are regularly disclosed to the FEC.
Unlike their PACs, corporations can't contribute to the political parties, though they can help fund political groups such as the RGA and so-called super PACs. While super PACs can take in unlimited donations, they can't contribute directly to federal candidates. They can explicitly urge voters to support or oppose candidates.http://www.theage.com.au/business/world-business/news-corp-to-reveal-political-donations-20110516-1eoln.htmlMORE:
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