Posted on 05/11/2006 9:06:28 AM PDT by areafiftyone
Al Gore has such a fortune in Google stock that he could easily fund his own campaign for the White House, Democratic insiders say.
Gore became a senior adviser to the Internet search engine back in February 2001, and is a close friend of CEO Dr. Eric Schmidt. Google shares went public in 2004, and the stock has soared from $85 a share to more than $400. Co-founders Sergey Brin and Larry Page are worth an estimated $11 billion each.
Gore "owns a ton of Google and he's made enough money that he could wait until a month before and just drop $50 million in to launch a [2008] race," a well-placed Democrat told Deborah Orin of the New York Post.
"He's got way more than enough money to buy this thing at any point in the process." Gore spokesman Mike Feldman said the former vice president "is not running for president" and is focused on global warming.
Gore stars in a documentary about global warming, "An Inconvenient Truth, which premieres next week.
But a Gore friend told Orin: "He's doing what he should do if he wants to run. When you run and get the most votes as he did in 2000, I don't think psychologically you ever move on.
And if he sells it for a huge profit, he'll pay the good higher Democratic capital gains rate rather the eeeeevil lower Republican capital gains rate, right? It's for the children.
Al, Al, please quit laughing at my suggestion.
We all know that W could have pushed Texas for another 1,000,000 votes if popular votes was his goal but he did not waste time down there. The definition of a sore loser is one who, when losing, bemoans the rules that cost him the contest rather than give credit to the winner or criticize his own culpability.
Hahahahahaha wait until they figure out that Gore now qualifies as one of those over-compensated robber barrons. What did he do for his stock? Was it a friend dispensing largess or buying future influence? A consulting arrangement in order to avoid the gift tax? Is AlGore avoiding payment of his "fair share?"
Too many stupid comments to use against him. He has burned his bridges.
Sergey Brin, Google's cofounder, only owns $31M of tradable stock.
That's the portion of his billions that have outlasted all the restrictions and are now saleable on the open market. It will likely be a decade before Brin is able to trade his whole stake free and clear.
If Brin only has $31M in tradable stock today, I doubt Al Gore has 50M.
Gore can become the next "Nader". We need the token kook candidate everyone laughs at, and gets the token number of kook votes, siphoned from the RATS. Nader is reiring, isn't he?
EXTHELTHIOR/ MANBEARPIG/ SUPERCEREAL ping!
ROFLMAO!!!!!
Run, Al, run !!!!
$50 mill buys a lot of molten lead.
I would suggest that he sell the stock now, before it further collapses.
Anyway just as Pelosi, Reid or Howard Scream only Republicans are corrupt, demo's are the party of good government.
$400 a share??? What does Google sell again?
This country will get what they deserve since the sheeple will vote for whoever gives them the most. We're a quickly shrinking minority.
Apparently he still doesn't have enough money to buy a clue.
If Hillary runs, Gore can forget the dem nomination. Hey Al -- Run 3rd party, please !!! Run like Kinky and Crazy Grandma.
My lunar colonists will include those Boca Bikini Broads and any Freepers who would like to study sexual situations in 1/6th Gravity. Would you fly to the moon for Lorna Doone? (second row left most in the Boca Picture!)
And most of it filthy, obscene corporate money at that. Cheney's was ill-gotten lucre from the evil oil and gas industry, as opposed to Gore's hard-earned Google stock profits, don't you know.
I'm waiting for the bottom to drop out of Google stock, and listen to the wailing. It will be sweet.
Regards, Ivan
Good time to start boycotting google? (Who ever controls the search engines controls the information)
Dogpile, Yahoo, Altavista still in business?
Better search engines?
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