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Posts Tagged ‘George Soros’
August 29th, 2012 at 2:47 pm
Teachers Union Spends $100,000 to Attack Fox News
Posted by Print

Now remember: they’re throughly nonpartisan and their main interest is the kids. From the Daily Caller:

A document the National Education Association filed with the U.S. Department of Labor in 2011 indicates that the teachers union donated $100,000 to Media Matters For America nearly two years ago, describing it as a payment for “public relations costs.” In the months that followed, Media Matters’ online coverage of teachers unions increased, focusing largely on attacking the Fox News Channel and other media outlets it considers “conservative” in nature.

… Since the date of the $100,000 payment, the liberal messaging group has published 41 separate articles online referring to the NEA and other teachers unions, each one staking out a position that’s favorable to organized labor and critical of a media outlet whose commentators disagree.

Almost universally, that media outlet has been the Fox News Channel. Of those 41 articles, 29 directly attacked Fox News or the name of a Fox host or contributor in their headlines. Many others attack Fox and its personnel more generally.

Remember this the next time the teachers unions plead hardship — they’ve still got six figures lying around to send to George Soros’ ankle-biters.

 

October 21st, 2011 at 3:18 pm
George Soros is Funding Occupy Wall Street

Our friends at Human Events confirm the money trail between Leftist billionaire George Soros and the Occupy Wall Street movement attracting communists, socialists and anarchists to its ranks.

The nonprofit organization at the receiving end of Soros’ largesse, Alliance for Global Justice, is managing donations benefiting the communists, socialists, anarchists and hippies now occupying Zuccotti Park in lower Manhattan.  As of Oct. 19, OWS had taken in a grand total of $435,000 from all sources, including donations made by individuals online and in person, according to reports.

And how’s this for a business model?

Alliance for Global Justice is a “fiscal sponsor,” which means that it serves as a financial clearinghouse for radical causes that haven’t filed papers to incorporate themselves as nonprofit organizations.  Donors give money to the Alliance and are then able to deduct the donations from their income tax even though the cause they are funding isn’t recognized as tax-exempt by the IRS.  Fiscal sponsors take a percentage of donations as management fees, and then pass on the rest to the cause favored by the donor.

As with all things Soros, the irony here is rich.  A Hungarian who fled Nazism and communism sets up a “shadow party” to move America closer to a state-run tyranny.  A decrier of capitalism’s excesses, he made his name manipulating England’s currency and imperiled a nation through an act verging on financial terrorism.  Now, he’s a billionaire hedge fund manager who props up a nationwide anti-Wall Street protest.

August 1st, 2011 at 7:30 pm
Soros: Regulation for Thee, But Not for Me

George Soros, the leftwing hedge fund billionaire and part-time Hungarian Bond villain, announced last week he’s opting out of the regulatory straitjacket he demanded of his industry.  Taking advantage of a little-known loophole in the Dodd-Frank financial “reform” law, Soros is evading the kind of “transparency” he championed for others.

Per Michelle Malkin:

Under Title IV of Dodd-Frank, hedge funds were required to abide by new registration and reporting requirements in an attempt to better police systemic risk (not that the feckless Securities and Exchange Commission has ever been able to fulfill that mission). To evade the regulations, Soros and other firms have used a recently passed rule allowing so-called family offices to shield themselves from both registration and disclosure rules that would have subjected Soros Inc. to a new “Financial Stability Oversight Council.”

But what would Soros want to hide?  More Malkin:

Soros and his family shelled out $250,000 for Obama’s inauguration, $60,000 in direct campaign contributions and untold millions more to liberal activist groups pushing the White House agenda.

Over the past year, Soros provided coveted support for Obama and the Democrats’ Byzantine financial “reforms” under the sweeping Dodd-Frank law. He preached to financial publications around the world about the need for increased regulatory controls over his industry. And in November 2008, while paying obligatory lip service to concerns about going too far, he submitted a statement to the House Committee on Oversight and Government Reform that recommended: “The entire regulatory framework needs to be reconsidered, and hedge funds need to be regulated within that framework.”

That is, unless you’ve got creative lawyers and a disingenuous president’s ear.