Foundation Watch

George Soros’s Democracy Alliance plans to drown Democrats in an ocean of money this election cycle


I have an op-ed in today’s Washington Times.

It begins

George Soros’ Democracy Alliance, an invitation-only club for billionaire leftist political donors, has decided to drown Democrats and President Obama’s re-election campaign in an ocean of cash this year. Democracy Alliance, founded in 2005, is a financial clearinghouse that recommends to its wealthy members projects and groups aimed at transforming America into a European-style socialist state. The secretive group has directed untold hundreds of millions of dollars to left-of-center causes.

For those unfamiliar with Mr. Soros, he is the pre-eminent funder of the left in the United States. He openly favors American decline and has said European-style socialism “is exactly what we need now.” The radical, anti-American philanthropist praises China effusively, saying the totalitarian nation has “a better-functioning government than the United States.” Mr. Soros already has begun doling out funds for Democrats. In the 2012 cycle, he has given a modest $203,500, but that number promises to rise exponentially.

Democracy Alliance’s original mission was to focus on building political infrastructure – think tanks, activist groups, leadership schools and media outlets – to help the left gain and keep power. The idea was to focus on long-term organizational issues as opposed to the more mundane task of helping Democrats get elected every election cycle.

But political expediency has forced a stunning course correction that is causing deep fissures in Democracy Alliance that ultimately may destroy it. On one side of an internal divide are Democracy Alliance members who believe in the original mission of the donors’ collaboration.

Soros doppelganger Peter B. Lewis, who helped found the group with Mr. Soros, thinks Democracy Alliance has become far too partisan. In a crushing blow to the club, the Progressive Insurance magnate, who spent $25 million in 2004 in a failed attempt to defeat President George W. Bush, reportedly resigned from Democracy Alliance in disgust weeks ago.

“Peter’s focus since 2004 has been on scaling up the progressive infrastructure, as opposed to election or political candidates,” a source told Politico last month.

To read the rest of it, click here.

 

Matthew Vadum

The author of Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum, former senior vice president at CRC, writes and speaks widely…
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