DesertFox
04-15-2006, 06:17 PM
L. Brent Bozell
Townhall.com
14 Apr 06
Gasoline prices are rising, which means it's time for a new round of hysterical media stories about that dastardly oil industry, its obscene profits, and its nefarious ways.
Now the media are at it again, but with a different target. They're turned their guns on Texas oilman T. Boone Pickens, whose energy hedge funds have delivered staggeringly successful results for their investors in recent years. ...
In February, the New York Times and CNN reported breathlessly that Pickens had made a $165 million tax-deductible gift to Oklahoma State University (OSU). So what's so scandalous about that? Well, there was more to the story, you see. After receiving the gift, OSU turned around and reinvested it all right back in Pickens' company. How perfectly quaint! If not illegal, certainly it was unethical. No, sleazy. The man took a monster tax write-off with this gift only to have the money put right back into his investment company. They don't call them the greedy rich for nothing. ...
More (http://www.townhall.com/opinion/columns/brentbozell/2006/04/14/193702.html)
Townhall.com
14 Apr 06
Gasoline prices are rising, which means it's time for a new round of hysterical media stories about that dastardly oil industry, its obscene profits, and its nefarious ways.
Now the media are at it again, but with a different target. They're turned their guns on Texas oilman T. Boone Pickens, whose energy hedge funds have delivered staggeringly successful results for their investors in recent years. ...
In February, the New York Times and CNN reported breathlessly that Pickens had made a $165 million tax-deductible gift to Oklahoma State University (OSU). So what's so scandalous about that? Well, there was more to the story, you see. After receiving the gift, OSU turned around and reinvested it all right back in Pickens' company. How perfectly quaint! If not illegal, certainly it was unethical. No, sleazy. The man took a monster tax write-off with this gift only to have the money put right back into his investment company. They don't call them the greedy rich for nothing. ...
More (http://www.townhall.com/opinion/columns/brentbozell/2006/04/14/193702.html)