Democratic Platform`s Hidden Soros Slush Fund
The Democratic Party platform is like a bag of pork
rinds. You never know what high-fat liberal government
morsel you`re gonna get.
Buried in the 94-page document [PDF]
is a noble-sounding proposal to create a "Social
Investment Fund Network." The program
would provide federal money to "social
entrepreneurs and leading nonprofit organizations [that]
are assisting schools, lifting families out of poverty,
filling health care gaps, and inspiring others to lead
change in their own communities." The Democratic
Party promises to "support these results-oriented
innovators" by creating an office to "coordinate
government and nonprofit efforts" and then showering
"a series of grants" on the chosen groups "to
replicate these programs nationwide."
In practice, this
Barack Obama brainchild would serve as a permanent,
taxpayer-backed pipeline to
Democratic partisan outfits masquerading as
public-interest do-gooders. This
George Soros Slush Fund would be political payback
in spades. Obama owes much of his
Chicago political success to financial support from
radical, left-wing billionaire and leading "social
entrepreneur" Soros. In June 2004, Soros threw a big
fundraiser at his New York home for Obama`s Illinois
Senate campaign. Soros and family personally chipped in
$60,000. In April 2007, Obama was back in New York for a
deep-pocketed Manhattan fundraising soiree, with
Soros lurking in his shadow.
No doubt with Soros` approbation (if not advice from
the hands-on "progressive" activist or his
advisers), Obama fleshed out his Social Investment Fund
Network plan last December. In concert with his
mandatory volunteerism pitch and $6 billion anti-poverty
plan, Obama called for the creation of a "Social
Entrepreneurship Agency" to dispense the funds in
unspecified amounts. The agency would be a
government-supported nonprofit corporation "similar
to the Corporation for Public Broadcasting," which
runs public television. (And we`ve all seen how fair and
balanced that lib-dominated, Bill Moyers-boosting
private-public enterprise turned out.)
Obama cites the Harlem Children`s Zone, which
provides after-school activities and mentors to children
in New York, as an example of a program that should be
funded. (HCZ`s former senior leader Shawn Dove is now an
official at Soros` Open Society Institute.) The problem
with such initiatives, as Mitchell Moss pointed out in
the Manhattan Institute`s City Journal several years
ago, is that these private-public partnerships formed
under the guise of economic renewal often become nothing
more than fronts that coordinate "an enormous safety
net for social services." Private donations give the
illusion of self-help and philanthropic independence,
but in reality, the "clients" are never weaned
from the teat of the welfare state. They simply learn
how to milk it more efficiently.
Even more troubling is how the Democratic Party/Obama
plan would siphon untold millions or billions of public
tax dollars into the Soros empire without taxpayer
recourse. Obama promises "accountability"
measures to ensure the money is spent wisely. But who
would assess effectiveness of the spending? Why, experts
in the social entrepreneurship community, of course.
Fox, meet henhouse.
Soros has donated some $5 billion of his fortune to
left-wing nonprofit groups through the Open Society
Institute—an institution committed to Soros` militant
ideology of toppling the "fascist" tyranny of the
United States, which he says must undergo
favor of "justice." The mob at Obama-endorsing
MoveOn, purveyors of the
"General Betray Us" smear against
Commanding General, MNF-I, David Petraeus, is the
most notorious Soros-backed political arm. But scores of
other activist nonprofits have received Soros funding
under the guise of doing nonpartisan "community"
or "social justice" work—and it is exactly such
leftist activist groups that would be first in line for
the Democratic Party/Obama`s "social investment"
Point in case: ACORN. As I`ve
reported before, Obama`s old friends at the
Chicago-based nonprofit now take in 40 percent of their
revenues from American taxpayers. They raked in tens of
millions in federal antipoverty grants while some of
their operatives presided over massive voter fraud and
others were implicated in corporate shakedowns and
mortgage scams across the country. Soros has donated at
least $150,000 to the group, according to
Investor`s Business Daily, and "heads a
secretive rich-man`s club called `Democracy Alliance`
that has doled out $20 million to activist groups like
Once the spigot is turned on, there`s no turning
Where are fiscal conservatives on this far-left
boondoggle? Well, if you`re wondering why the McCain
campaign doesn`t raise hell over this proposed left-wing
nonprofit/government pipeline, it`s because McCain
himself is a Soros beneficiary. His
a tax-exempt, supposedly independent
501(c)(3) group focused on campaign finance reform, was
funded by the Soros-funded Open Society Institute and
Birds of a Big Government feather flock together—and
look out for each other. Watch your wallet.
CREATORS SYNDICATE, INC.
Michelle Malkin [email
her] is author of
Invasion: How America Still Welcomes Terrorists,
Criminals, and Other Foreign Menaces to Our Shores.
here for Peter Brimelow`s review. Click
here for Michelle Malkin`s website.
Michelle Malkin`s latest book is "Unhinged:
Exposing Liberals Gone Wild."