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For Immediate Release
May, 08 2017, 12:45pm EDT
Contact:
David Vance,,dvance@commoncause.org
Sinclair-Tribune Merger a Blow to Nation's Civic Dialogue
Statement of Michael Copps former FCC Commissioner & Common Cause Special Advisor
WASHINGTON
Sinclair's acquisition of Tribune Broadcasting is expected and disappointing. Expected because the new FCC majority is foaming at the mouth to rubber stamp more massive media mergers; and disappointing because Sinclair is not known for the best journalism in the land, to put it mildly. Our nation's civic dialogue suffers yet another blow with this merger.
To view this release online, click here.
Common Cause is a nonpartisan, grassroots organization dedicated to upholding the core values of American democracy. We work to create open, honest, and accountable government that serves the public interest; promote equal rights, opportunity, and representation for all; and empower all people to make their voices heard in the political process.
(202) 833-1200LATEST NEWS
With Global Attention on Venezuela, Israel Intensifies Assault on Gaza, Lebanon
Israeli forces reported blew up a 5-year-old girl and wounded two other children a day after fatally shooting a 15-year-old boy in Gaza.
Jan 05, 2026
With the world captivated by and concerned over the Trump administration's weekend abduction of Venezuelan President Nicolás Maduro, Israel bombed the Gaza Strip and Lebanon, continuing its devastating US-backed response to the Hamas-led October 2023 attack.
In Gaza, where Israel faces widespread accusations of genocide, an Israeli strike on Monday "hit a tent housing displaced people, killing a 5-year-old girl and her uncle and wounding two other children," the Associated Press reported, citing officials at Nasser Hospital. "Family members wept over the bodies as they were brought to the hospital."
The Israel Defense Forces used one of its common claims for when it kills civilians. According to the AP, the IDF said that it struck a Hamas militant who planned an imminent attack on Israeli troops in Gaza, the strike complied with the ceasefire agreement, and it was conducted in a targeted way to limit civilian harm.
The tent strike in the Muwasi area northwest of Khan Younis came a day after Israeli forces shot and killed at least three Palestinians in that city on Sunday. According to Reuters, "Medics reported that the dead included a 15‑year‑old boy, a fisherman killed outside areas still occupied by Israel in the enclave, and a third man who was shot and killed east of the city in areas under Israeli control."
Israel has killed at least 422 Palestinians in Gaza and wounded 1,189 since reaching the ceasefire deal with Hamas three months ago. The overall death toll in the strip has climbed to at least 71,388, with another 171,269 people injured, according to local health officials. Global experts warn the true counts are likely far higher.
Meanwhile, according to Al Jazeera, journalists on the ground in the illegally occupied Palestinian territory observed that the IDF "has spent the past 24 hours expanding the so-called 'yellow line' in eastern Gaza," or the boundary behind which Israeli forces officially withdrew as part of the October deal.
Al Jazeera's Hani Mahmoud reported from Gaza City:
The ongoing Israeli attacks on the ground, the expansion of the "yellow line," are meant to eat up more of the territory across the eastern part, really shrinking the total area where people are sheltering.
Everyone is cramped here. The population here not just doubled but tripled in many of the neighborhoods, given the fact that none of these people is able to go back to their neighborhoods. We're talking about Zeitoun, Shujayea, as well as Tuffah.
It was not until the past few minutes that the sounds of hums, the drones buzzing, faded away, but it had been going on for the past night and all of yesterday. Ongoing explosions that could be heard clearly from here.
Mahmoud also reported that "there's nothing on the ground other than the headlines we've been reading over the past couple of days, the expectation now that within days the Rafah crossing is going to open and allow for movement in and out of Gaza. So far, we know the Israeli military is pushing for Rafah to be just a one-way exit."
Throughout the Israeli assault, far-right officials in Israel have ramped up calls to ethnically cleanse Gaza of its Palestinian population and recolonize the territory. There has also been a surge in violence from Israeli settlers and soldiers against Palestinians in the illegally occupied West Bank over the past two years, as well as renewed settlement-building efforts there.
Laila Al-Arian, an American journalist and executive producer for Al Jazeera's documentary series "Fault Lines," said on social media Sunday, "With eyes on Venezuela, Israel is bombing Gaza and escalating its assault on the West Bank."
In November 2024, nearly a year before the ceasefire agreement in Hamas, Israel struck a deal with the Lebanese political and paramilitary group Hezbollah—and, since then, as with Gaza, has repeatedly violated it.
Israel launched strikes on eastern and southern Lebanon on Monday after an IDF spokesperson said the military would target alleged Hezbollah sites in Kfar Hatta and Ain el-Tineh, and Hamas sites in Annan and al-Manara.
Al Jazeera reported that "Lebanon's Health Ministry said a drone strike on a car in the southern village of Braikeh earlier Monday wounded two people. The Israeli military said the strike targeted two Hezbollah members."
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Economist Explains '$100-$150 Billion Per Year' Reason Trump Kidnapped Maduro
"The real goal of the Trump operation lies elsewhere: reclaiming Venezuela’s oil rents for the benefit of America’s economic elite."
Jan 05, 2026
A leading international economist said Sunday that the US invasion of Venezuela and kidnapping of its socialist leader are about reasserting control over the world's largest petroleum reserves by Washington imperialists and Wall Street shareholders.
Gabriel Zucman—a professor at the Paris School of Economics and University of California, Berkeley Goldman School of Public Policy—said on his Substack that the US invasion is motivated by the "$100–$150 billion per year to be captured by US shareholders of oil companies, should a new regime friendly to US interests take power in Caracas."
President Donald Trump and other senior US officials have openly vowed to seize Venezuela's oil, even while claiming that Saturday's invasion and abduction of Venezuelan President Nicolás Maduro and his wife are about bringing Maduro to justice on dubious criminal charges, combating narco-trafficking, and protecting US national security.
"Maduro was a brutal and corrupt autocrat," Zucman, who also directs the independent EU Tax Observatory, continued. "But Trump has never had any trouble working with brutal and corrupt autocrats; such traits rarely trouble him."
Indeed, the Trump administration have provided military, financial, or diplomatic support to some of the world's most prolific human rights violators, from the Gulf monarchies to Egypt's military rulers to a sadistic dynasty in Equatorial Guinea and dictatorships in Central Asian countries including Turkmenistan and Uzbekistan. All of the aforementioned nations sit atop major oil and natural gas deposits.
"The real goal of the Trump operation lies elsewhere: reclaiming Venezuela’s oil rents for the benefit of America’s economic elite—an arrangement that peaked in the 1950s," Zucman asserted, referring to a period in which then-Venezuelan President Marcos Pérez Jiménez ruled the country with an iron fist and was backed by Washington, largely because he let foreign oil companies exploit Venezuela's vast petroleum resources.
"In 1957, at the peak of this extractive regime, profits earned by US oil companies in Venezuela were roughly equal to the profits earned by all US multinationals—across all industries—in the rest of Latin America and in continental European countries combined," he continued.
"About 12% of Venezuela’s net domestic product—the value of everything produced in the country each year—flowed directly to the pockets of US shareholders," Zucman noted. "That was roughly the same amount of income received by the poorest half of the Venezuelan population combined."
"This is the 'golden age' the Trump administration wants to bring back: a sharing of oil rents that is difficult to imagine being more unequal," he added.
Critics have accused the US of waging war for oil for nearly a century. US administrations have explicitly asserted the right to use military force to safeguard control of access to petroleum resources since the presidency of Jimmy Carter. The George W. Bush administration even initially called its impending invasion and occupation of Iraq "Operation Iraqi Liberation," before changing it so the abbreviation did not spell "OIL."
While Trump campaigned on the promise of no new wars and claims to avoid giving world leaders "lectures on how to live," he has now ordered the bombing of more nations than any US president in history. All 10 countries attacked by Trump since 2017—Afghanistan, Iran, Iraq, Libya, Nigeria, Pakistan, Somalia, Syria, Venezuela, and Yemen—are oil producers or possess significant fossil fuel resources.
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Meet Paul Singer, the Billionaire Trump Megadonor Set to Make a Killing on Venezuela Oil
"Paul Singer's shady purchase of Citgo has everything to do with this coup."
Jan 05, 2026
One of President Donald Trump's top billionaire donors, who has spent the past several months backing a push for regime change in Venezuela, is about to cash in after the president's kidnapping of the nation's president, Nicolas Maduro, this weekend.
While he declined to tell members of Congress, Trump has said he tipped off oil executives before the illegal attack. At a press conference following the attack, he said the US would have "our very large United States oil companies" go into Venezuela, which he said the US will "run" indefinitely, and "start making money" for the United States.
As Judd Legum reported on Monday for Popular Information, among the biggest beneficiaries will be the billionaire investor Paul Singer:
In 2024, Singer, an 81-year-old with a net worth of $6.7 billion, donated $5 million to Make America Great Again Inc., Trump’s Super PAC. Singer donated tens of millions more in the 2024 cycle to support Trump’s allies, including $37 million to support the election of Republicans to Congress. He also donated an undisclosed amount to fund Trump’s second transition.
Singer is also a major pro-Israel donor, with his foundation having donated more than $3.3 million to groups like the Birthright Israel Foundation, the Israel America Academic Exchange, Boundless Israel, and others in 2021, according to tax filings.
In November 2025, less than two months before Trump's operation to take over Venezuela, Singer's investment firm, Elliott Investment Management, inked a highly fortuitous deal.
It purchased Citgo, the US-based subsidiary of Venezuela's state-owned oil company, for $5.9 billion—a sale that was forced by a Delaware court after Venezuela defaulted on its bond payments.
The court-appointed special master who forced the sale, Robert Pincus, is a member of the board of directors for the American Israel Public Affairs Committee (AIPAC).
Elliott Management hailed the court order requiring the sale in a press release, saying it was "backed by a group of strategic US energy investors."
Singer acquired the Citgo's three massive coastal refineries, 43 oil terminals, and more than 4,000 gas stations at a "major discount" because of its distressed status. Advisers to the court overseeing the sale estimated its value at $11-13 billion, while the Venezuelan government estimated it at $18 billion.
As Legum explained, the Trump administration's embargo on Venezuelan oil imports to the United States bore the primary responsibility for the company's plummeting value:
Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude. As a result, Citgo was forced to source oil from more expensive sources in Canada and Colombia. (Oil produced in the United States is generally light-grade.) This made Citgo’s operations far less profitable.
It is the preferred modus operandi for Singer, whose hedge fund is often described as a "vulture" capital group. As Francesca Fiorentini, a commentator at Zeteo, explained, Singer "is famous for doing things like buying the debt of struggling countries like Argentina for pennies on the dollar and then forcing that country to repay him with interest plus legal fees."
Venezuelan Vice President and Minister of Petroleum Delcy Rodríguez called the sale of Citgo to Singer "fraudulent" and "forced" in December.
After the US abducted Maduro this week, Trump named Rodriguez as Venezuela's interim president—and she was formally sworn in Monday—but he warned that she'll pay a "very big price" if she refuses to do "what we want."
That is good news for Singer, who is expected to be one of the biggest beneficiaries of an oil industry controlled by US corporations, which will likely not be subject to crippling sanctions.
Singer has reportedly met with Trump directly at least four times since he was first elected in 2016, most recently in 2024. While it is unknown whether the two discussed Venezuela during those meetings, groups funded by Singer have pushed aggressively for Trump to take maximal action to decapitate the country's leadership.
Since 2011, Singer has donated over $10 million and continues to sit on the board of directors for the right-wing Manhattan Institute think tank, which in recent months has consistently advocated for Maduro to be removed from power. In October, it published an article praising Trump for his "consistent policies against Venezuela’s Maduro."
He has also been a major donor to the neoconservative think tank Foundation for Defense of Democracies (FDD), serving as its second-largest contributor from 2008-2011, with more than $3.6 million.
In late November, shortly before Trump announced that the US had closed Venezuelan airspace and began to impound Venezuelan oil tankers, FDD published a policy brief stating that the US has "capabilities to launch an overwhelming air and missile campaign against the Maduro regime" that it could use to remove him from power.
Singer himself has acted as a financial attack dog for Trump during his first year back in office. In June, he contributed $1 million to fund a super PAC aiming to oust Rep. Thomas Massie (R-Ky.), who'd become Trump's leading Republican critic over his Department of Justice's refusal to release its files pertaining to the billionaire sex trafficker Jeffrey Epstein.
A super PAC tied to Miriam Adelson, another top pro-Israel donor who recently said she'd give Trump $250 million if he ran for a third term, also reportedly helped to fund the campaign against Massie.
Massie has since gone on to be one of the most vocal opponents in Congress to Trump's regime change push in Venezuela, joining Democrats to co-sponsor multiple failed war powers resolutions that would have reined in the president's ability to launch military strikes against alleged drug boats in the Caribbean and launch an attack on mainland Venezuela.
As the Trump administration has asserted that American corporations are entitled to the oil controlled by Venezuela's state firm, Massie rebutted this weekend that: "It’s not American oil. It’s Venezuelan oil."
"Oil companies entered into risky deals to develop oil, and the deals were canceled by a prior Venezuelan government," he said. "What’s happening: Lives of US soldiers are being risked to make those oil companies (not Americans) more profitable."
Massie said that Singer, "who’s already spent $1,000,000 to defeat me in the next election, stands to make billions of dollars on his distressed Citgo investment, now that this administration has taken over Venezuela."
Fiorentini added that "Paul Singer's shady purchase of Citgo has everything to do with this coup."
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