Free Republic

The European Commission has today been accused of “raiding the pockets of voters” after demanding an extra £500 million from British taxpayers to meet Brussels spending bills. The EU executive, which oversees European spending, has demanded an extra £3.8 billion in cash from national governments to pay for costs—including £200 million extra help to Ukraine. The rest of the money will be spent on youth employment projects and regional policy. National governments are furious at an increase that comes in the aftermath of EU elections victories for populist and far-Left and Right parties in Britain, France, Denmark and Greece. …

NEW YORK (Reuters) - Air America Radio, the upstart liberal talk show network that has been plagued by management troubles, is seeking to raise new money in efforts to pay off debts and steer the business back toward profitability. A group of early investors that include Florida plaintiffs lawyer Mike Papantonio, Chicago entrepreneur Sheldon Drobny, and Rob Glaser, chairman of RealNetworks Inc., have committed to invest new capital, people familiar with the company said. Air America has also moved to fill a void in its executive ranks. Doug Kreeger, also an investor, assumed the role of chief executive last week....