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- laclient19, on 01/05/2008, -15/+186The NH GOP just dropped the sponsorship of the Fox News debate - this will make Fox look much worse than they already do. Credibility just went out the window - what was left of it.
- clonestar, on 01/05/2008, -23/+189Fox *is* trying to rig the election. Their stock needs to be brought much lower.....zero seems like a nice number to me.
- flavioribeiro, on 01/05/2008, -15/+145NWS' recent performance is due to a generalized selling spree that hit the global markets. It's not limited to NWS, and Ron Paul's supporters aren't responsible for it.
Here's a comparison between NWS and CBS:
http://finance.google.com/finance?chdnp=1&chdd=1&c ...
Note that CBS performed even worse, falling 8% during the last 3 days. I support Dr. Paul, and as much as I'd like to see NWS fall, this isn't due to any reaction to Fox's censorship.
If there's any lesson to be learned, it's that Dr. Paul is correct when he warns about the runaway government spending caused by irresponsible foreign and domestic policies put in place in the last decades and exacerbated by the current Iraq war. - inactive, on 01/05/2008, -22/+137Fox = biased. Nuff said.
- jmpeagle, on 01/05/2008, -2/+54the entire market has pretty much tanked in the past week. Also, Fox News troubles come from its large stake in declining Print media. Fox News is such a low proportion of the News Corp empire that there is no way any Fox News troubles could have caused a 3 billion fall in market capitalization.
Here's a list of what News Corp owns. http://en.wikipedia.org/wiki/News_corporation#Hold ...
Fox News is just one of many things. Fox News channel total value isn't even 3 billion so even an elimination of it couldn't cause a 3 billion fall. - zweben, on 01/05/2008, -7/+39The thing is, Fox never had any credibility with the people who cared whether it was biased or not. The people who watch it either realize it's biased and don't care, or are gullible enough that not even this will make them doubt Fox's objectivity.
It does, however, strengthen Fox's ground as the laughing stock of all news networks, and that's fine with me. - inactive, on 01/05/2008, -38/+64You're all idiots if you think the paultards selling off their stock had anything to do with it. This trend has affected the whole market, including NWS. Do you guys think ron paul is responsible for the sun rising because he says it will?
- Ravatar, on 01/05/2008, -12/+33Hey dumbass, that all turned out to be TRUE. Go look it up.
- Mononuclear, on 01/05/2008, -6/+24Because of the writer strike all media stocks are way down. Also in general the stock market is down. Take these two things together and of course FOX stock is down but it has little or nothing to do with excluding Ron Paul from the debate. How many stockholders do you think even know Ron Paul was excluded from the debate? It sometimes seems like because we see Ron Paul at least 5 times a day on Digg that the rest of world knows about him too. The truth is most people outside social media don't know who he is, or if they do know who he is they don't know much about him, and don't follow the news about him.
- bsdboy, on 01/05/2008, -15/+32There's an elephant in the room that FOX doesn't want to acknowledge
- notyourslave, on 01/05/2008, -23/+39Ron Paul NEEDS 1,191 (a majority) of 2,380 DELEGATES to WIN
http://www3.webng.com/ronpaul/becomedelegate.html
http://www3.webng.com/ronpaul/delegatestates.html
http://www.ronpaul2008.com/delegate-process/
A delegate is essentially a super-voter; They get to vote for the GOP nominee. Regular voters will be voting to determine the delegates in your state Primary (or caucus); Regular voters can't vote for the GOP nominee. Remember, our system of government is a republic and not a democracy
http://digg.com/2008_us_elections/Ron_Paul_NEEDS_Y ...
http://digg.com/2008_us_elections/Become_a_Delegat ... - bigassbuzz, on 01/05/2008, -17/+32JUSTICE: Hand delivered by the citizens. Let's hope this returns some integrity to our media.
- masterm1nd, on 01/05/2008, -2/+16Everything is biased, you can't escape it. Since you cannot consume unbiased media, you should consume opposing biases. Not to be confused with consuming one bias while boycotting the other.
- inactive, on 01/05/2008, -5/+18Correct. The original headline is what happens when 14 year olds try to be equity analysts.
- dondara, on 01/05/2008, -15/+27Let's hope Rupert panics and jumps from a window somewhere. Cuz seriously, ***** that guy.
- flavioribeiro, on 01/05/2008, -3/+13Ron Paul's views on religion or evolution aren't relevant because as President he would follow the Constitution and not any set of scientific paradigms. It doesn't matter whether he accepts the Copenhagen interpretation of quantum mechanics, or evolution, or general relativity.
The whole libertarian platform defends that the federal government should let people govern their own lives because it recognizes that politicians and bureaucrats aren't experts in most subjects, and are thus unqualified to make expert decisions. The federal government can't adequately regulate education, healthcare or scientific research on a nationwide level, and should delegate this responsability to local governments.
Limited government is designed to prevent prejudices or special interests from interfering with our lives. This applies to beliefs regarding evolution, or religious beliefs. If you watch the Candidates@Google interview you'll see that Ron Paul defends legalizing prostitution and drugs. He doesn't approve of them, but he thinks it's not the federal government's responsibility to interfere, and that these decisions should be made locally (if that). - WilliamDavis, on 01/05/2008, -1/+10"Ron Paul's supporters aren't responsible for it."
Definitely not, but it's a fun coincidence. - dan222555, on 01/05/2008, -17/+26I love how you're all rejoicing with this ridiculous notion that you affected the stock. Meanwhile given the value and analyst predictions I'm going to put in a buy for Monday and when the stock rebounds in a couple weeks I'll laugh all the way to the bank.
- plaunie, on 01/05/2008, -4/+13So that makes it ok?
- Amnesia10, on 01/05/2008, -7/+15Now I hope Americans can see that you need new rules for the networks re election coverage. Ron Paul is not my idea of a great candidate (it's his views on evolution that ruin it for me.) but both he and Dennis Kucinch still have a right to be at the televised debates. They have significant numbers of followers and they need to heard.
Now all you need after that is to stop the voter fraud by allowing all to vote not who you think will vote for your party. - Slipkey, on 01/05/2008, -0/+8Ditto. I dislike Newscorp but there's no connection between their stock drop and "electioneering charges."
More likely it's a response to their capital investments in Fox Business Network and the terrible ratings it has received - fuelling speculation of both additional capital investments into FBM or a write-down if they kill it off. - jasqwerty, on 01/06/2008, -0/+8What the ***** are you talking about? Most of the last week it traded under average volume or slightly above. No where did it even come close to trading 8 million shares.
- mirunit, on 01/05/2008, -3/+11Did not Apple lose > 3b market cap last week in the drop from 200+ per share to around 180? Stock ups and downs like this really are not news.
- sulthernao, on 01/05/2008, -1/+9And it was also probably due to their business channel sucking a lot.
http://www.streetinsider.com/Insiders+Blog/News+Co ... - TheEditor1, on 01/05/2008, -4/+11You are a complete and utter moron. You 'Go look it up' on a website that is not biased and learn something. The documents were not typed on an IBM Selectric as stated, they were forged with new technology. CBS and Dan Rather got caught. Carry your own double standard through life but don't expect anyone else, with the exception of the rest of your kool-aid drinker buddies, to believe it.
- staeiou, on 01/05/2008, -1/+8That is because Apple doesn't support Ron Paul. Everything in the stock market - nay, the nation - that occurs happens because of Ron Paul's supporters. Fear the wrath of a Paulite scorned.
- gthrank, on 01/05/2008, -5/+12No, it's because Fox Business Channel is such a complete and utter failure. There was a number leaked that their total average viewership is under 7,000 people. At that level Nielsen doesn't even report the number.
Serves them right. The Fox brand has such an awful reputation of brash, loudmouthed punditry that it's the wrong brand for business. - lapidarius11, on 01/05/2008, -20/+27When Fox doesn't favor a truly "free market" approach in hosting a debate, the "free market" turns around and bites them in the ass. I love it.
- SCMcDonnell, on 01/06/2008, -0/+6This Digg Article finally proves that Ron Paul has lost.
Ron Paul Supports, I have one question for you: What's it like to be losers? - inactive, on 01/05/2008, -0/+6News Corp is a much bigger company than just Fox, they have over 8 million subscribers to their satellite TV service in the UK at £15+ per month and they also own the world's highest circulation English newspaper, The Sun. They have countless other properties in their homeland of Australia and in many other countries. Fox is only a small part of it.
- 1birdbrain, on 01/05/2008, -3/+9You are missing the entire point.
Ron Paul may not personally believe in evolution, but he supports your individual RIGHT to believe in it. - badfishmedia, on 01/06/2008, -1/+7You guys are seriously F-in in the head if you think you did this. Normalize it against the market, morons.
- ChaosMotor, on 01/06/2008, -3/+9I'd rather be surrounded by Paulbots than Buschinery, Guliandroids, or Clintomatons.
- liltekgurl, on 01/05/2008, -3/+9I hate Faux News.
- Alpione, on 01/05/2008, -8/+14Kind of like this item - "... Due to Electioneering Charges?" I don't think so...
- bkibbey, on 01/05/2008, -1/+6Agreed - and to add to that, even though I'm 100% in favor of Fox news crumbling because of this Ron Paul exclusion fiasco, lets not fool ourselves into thinking that is the reason for the stock dip. If you look at Newscorp's chart this year along side NASDAQ, the DOW, Time Warner, Disney, and the other competitors in the same market, they all have very similar trends.
- inactive, on 01/05/2008, -2/+7Ron Paul's supporters hate Apple too!. And Google. And IBM. And wrestling. Because AAPL, GOOG, IBM, and WWE all dropped more than NWS this past week.
Oh, and Dell. And Best Buy. And Blockbuster. And Netflix...Oh my god Digg! They hate Apple AND Netflix! - Fragowell, on 01/05/2008, -0/+5Better make it higher than 47 stories.
- bioslave, on 01/05/2008, -3/+8Fox is to "news" as WWE is to "wrestling." It's entertaining and fun to watch, but we all know it's staged and the outcome pre-determined. Be careful not to start believing it ... you've seen WWE fans, right?
- JMScheib, on 01/06/2008, -0/+5You guys are ***** stupid. Buried as inaccurate.
- GoneFishing, on 01/05/2008, -6/+11hmm... could the general sell off be related to the weakening dollar and inability ward off the credit crisis since there is no value attached to the green paper?? hey, i'm just the messenger.
- jmpeagle, on 01/06/2008, -0/+4the bottom graph has the volume traded per day
http://bigcharts.marketwatch.com/quickchart/quickc ...
you are talking out your ass - darkciti2, on 01/06/2008, -1/+5Our system of government is a _DEMOCRATIC REPUBLIC_ which is a Democracy that elects Leaders of the Republic via a trusted electorate.
It was designed that way by our Founding Fathers to prevent Majoritarianism, because the majority isn't always correct. For example, during the civil rights era, the majority of Americans were white and wanted black people to remain slaves. Fortunately, our Founding Fathers had the foresight to create a Democratic Republic - one in which the people rule up to the point that it violates the rights of others (as guaranteed to them by the Bill of Rights).
America is a Democratic Republic. It's a hierarchial chain of command decided by us (We The People).
Stop trying to abuse the description of this great country for your political agenda. You appear to be another shameless Republican that hates freedom and is trying to turn our Democratic Republic into a Fascist Rupublic/Monarchy. - pkonink, on 01/05/2008, -2/+6Dugg down for "dopey liberal."
- freakk123, on 01/06/2008, -0/+4I don't know why you're being dugg down, the story's title is inaccurate, there's no evidence that the drop is due to electioneering charges, that's just speculation that is trying to be passed as fact. I mean, the poster tries to make it look like he copied the description from "NewsWire"... He's blatantly trying to make it seem like he's just quoting the description from a legit source, which he's not.
- Mutton, on 01/05/2008, -3/+7I'm happy to report that Ron Paul will be on the primary ballot in Ohio. Thanks to all of you Ohioans who got off your butts and did something helpful and real like circulating/signing delegate petitions.
- Dan2000, on 01/06/2008, -0/+4This is an ideal example of the kind of user reporting that harms Digg's integrity in the Web 2.0 community. When I joined Digg two and a half years ago fallacious descriptions like the one written above were not tolerated. Yet as Digg has become more political and less tech oriented, users feel they have a mandate to muckrake and skew the truth. Why is this? What happened to integrity and respect for subject matter? What happened to the free exchange of ideas? Must we settle for the free exchange of lies and half-truths?
- flavioribeiro, on 01/06/2008, -0/+4Are you being sarcastic?
If so, would you rather have a gigantic book laws, elaborating on everything you can or cannot do? With liberty comes personal responsibility. If you think abortion is right, go ahead and do it. If you think it's wrong, don't. But like all decisions in life, there may be consequences and you alone should be responsible for them. Delegating responsibilities to the government is just a cheap way of getting to blame other people when things go wrong. It's a lot easier, faster and cheaper for the government to stay out of our private affairs. - inactive, on 01/06/2008, -1/+5"You all don't need my help in laughing at the Ronbots' wacky conspiracy theories. I'll just add the following.
Here are the parent companies of the five major television news networks, along with their NYSE ticker symbols, their stock price as of closing on 1/4/2007, and their 52-week lows:
Fox News Channel (News Corp: NWS) 52-week low: $19.68, last trade: $20.11 (2.2% over 52-week low)
CNN (Time Warner: TWX) 52-week low: $15.88, last trade: $15.91 (0.2% over 52-week low)
ABC (Walt Disney Company: DIS) 52-week low: $30.68, last trade: $31.13 (1.5% over 52-week low)
NBC (General Electric Company: GE) 52-week low: $33.90, last trade: $36.04 (6.3% over 52-week low)
CBS (CBS Corporation: CBS) 52-week low: $24.97, last trade: $25.01) (0.2% over 52-week low)"
Awesome! The other truths the Rupaul spam bots don't want you to see! -
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