There's a huge article (a tome, really) in The New Yorker about how two successful businessmen (the Koch Brothers) are bankrolling the modern American conservative movement, how they're undermining President Obama and how this is a threat to all of us.
But the article is basically a buncha baloney. And here's why:
The article flat-out admits: "Of course, Democrats give money, too. Their most prominent donor, the financier George Soros, runs a foundation, the Open Society Institute, that has spent as much as a hundred million dollars a year in America. Soros has also made generous private contributions to various Democratic campaigns, including Obama’s."
But there's more -- more that the article conveniently omitted: Using the Open Society Institute as his conduit, Soros has given more than $7 billion to a who’s who of left-wing groups. This partial list of recipients of Soros’ money says it all: ACORN, Apollo Alliance, National Council of La Raza, Tides Foundation, Huffington Post, Southern Poverty Law Center, Soujourners, People for the American Way, Planned Parenthood, and the National Organization for Women.
Bottom line: Soros has funded the left far, far more than these two Koch brothers have funded the right.
The article could account for only about $100 million from the Koch brothers. Soros is up in the BILLIONS.
And let's not forget Big Labor.
Just the top 20 labor unions over the past 20 years have spent over $500 million on federal election campaigns, and 95% of that spending went to Democrats -- that's $475 million. And that's just for the federal election campaigns and does not include other elections and other funding of "front" and other groups.
On top of all that, in the coming year, Obama is expected to raise a billion dollars for his re-election campaign.
The Supreme Court has ruled that most Koch and Soros type contributions are legal.
But the left seems to want one side to be legal while the other is prohibited.
The Republicans should not be expected to go into battle with both hands (financially) tied behind their backs. It ain't gonna happen.
So, the New Yorker can kiss our big, fat pachyderm butts!
1 comment:
Hello,
Your article gives the impression that Soros has given $7billion to American left-wing groupes. I don't believe this is correct. The entire Donation tally for the OSI may be $7 Billion, probably since its creation, and this money has been donated by many, many, different donors (thru Soros Open Society Institute).
Can you please provide the source of the data you use to imply that $7 billion has been spend by Soros on American Left Wing group donations.
Thank You
Rgds
Vernon Bush
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