George Soros has gained a reputation among some as a benefactor of millions through his charitable works, as well as one of an advocate of open politics. Others see his contributions as more sinister, including the manner in which he made his billions from the beginning. Monica Showalter of Investors Business Daily takes a look at the contradictory assessments of Soros and paints a picture perhaps even more disturbing than his detractors realize:
Soros' efforts go beyond spin. He has also bankrolled groups involved in the manipulation of elections, an activity that has increased since his money came into the picture. Two groups — Americans Coming Together and the Association of Community Organizations for Reform Now — were sanctioned recently by the Federal Election Commission for fraud.
Soros pledged $10 million to ACT, which has since been fined $775,000 for illegally funneling $70 million set aside for voter registrations to Democratic candidates.
He also gave at least $150,000 to ACORN, the left-wing group best known for pushing minimum-wage hikes, marching for illegal-immigrant amnesty and harassing Wal-Mart. ACORN has been accused of voter fraud in 13 states since 2004 and was convicted of falsifying signatures in a voter registration drive last July, drawing a fine of $25,000 in Washington state.
Soros says he has ended funding to voter-drive organizations, but he still heads a secretive rich-man's club called "Democracy Alliance" that has doled out $20 million to activist groups like ACORN.
Soros bankrolled MoveOn to the tune of $5 million over the last three years, a period in which the advocacy group saw its influence increase dramatically. It has targeted Republicans and moderate Democrats, and played a large role in the effort to defeat Joe Lieberman. Until they ran the "Betray Us" ad, though, MoveOn differed little from many of the other left-wing political organizations. The smear campaign against a military commander follows Soros' own viewpoint of American society, which he said needed "de-Nazification" at the Davos economic forum earlier this year.
His connections to groups such as ACT and ACORN hint at something more malevolent. These groups supposedly exist to organize and register voters, but they have run roughshod over laws to do it. ACT has already disbanded, but one can be sure that Soros will put his money into similar organizations, and will get similar results.
IBD believes that Soros works as a political nihilist. Showalter, in her interview on Wednesday's Heading Right Radio broadcast live from IBD's offices, says that Soros has a pattern of undermining government institutions and democratic processes. He uses instability to make money in his currency speculation, racking up billions while nations reel from the effects of his trading.
But that's not the only way he has to push nations towards collapse. His money passes through the Tides Foundation to organizations like Earth First! and the Ruckus Society, which IBD reports either condone or actively engage in eco-terrorism. He also supports those who support terror, specifically by contributing large amounts of money to Lynne Stewart, who received a relatively brief 28-month sentence for providing material support for terrorism. He seems more interested in how to break nations rather than help strengthen them, and Showalter believes that's intended to force a sovereign UN-based government on the world rather than the nation-state model.
It's well worth a read. Soros and his connections certainly should get more scrutiny from the press than he does at the moment. Perhaps Showalter and IBD will make this into a series.