THE NEW McCARTHYITES AND THE “PROGRESSIVE” MONEY MACHINE

THE NEW McCARTHYITES AND THE “PROGRESSIVE” MONEY MACHINE

by Michael Dennin

On February 17th, news broke that billionaire financier and Obama fundraiser Tom Steyer was planning to raise $100 million – half of which would come out of his own pocket – to run an ad campaign during the 2014 elections attacking any candidate who doesn’t support the Left’s “climate change” agenda. The news came on the heels of Steyer’s successful $8 million effort to buy the Virginia gubernatorial campaign for Democrat Terry McAuliffe in 2013.

Meanwhile, the New McCarthyites in the Democratic party have doubled-down on their scorched earth campaign to silence conservative and libertarian organizations in the run-up to the 2014 mid-term elections. While the Obama administration has refused to mount a credible and effective investigation into the IRS’ self-confessed misconduct and Senator Charles Schumer called on the agency to continue its political witch hunt, the administration proposed new rules (see Kimberley Strassel’s article at bottom) targeting Right-wing groups that even the ACLU condemned as an affront to free speech and the promotion of an informed citizenry. Others on the Right accurately described the rules changes as censorship masquerading as legal stewardship.

One might ask what do “progressives” spending tens of millions of dollars on political campaigns have in common with their effort to prevent conservative non-profits from spending any money on political campaigns? Obviously, the answers are power and money. What’s less obvious but just as important to “progressives” is the perpetuation of the myth that the New Left is the party of the common man and not the party of the political and economic elite. Fortunately, conservatives such as David Horowitz and Jacob Laskin are now destroying that myth. In their meticulously researched book The New Leviathan: How the Left-Wing Money Machine Shapes American Politics and Threatens America’s Future [1], Horowitz and Laskin expose what might be the biggest dirty secret in American politics – how “progressive” foundations have outspent conservative and libertarian foundations by hundreds of millions of dollars. Here is a summary of their findings:

Comparative Assets and Grant Expenditures of Conservative and Progressive Foundations

Appendix I (pp.185-187)

1. Total Assets of Conservative and Progressive Foundations Compared

The National Committee for Responsive Philanthropy and Think Progress – two progressive organizations – identified 96 conservative foundations, 82 of which currently do not have zero or negative assets. As of 2010, the total asset value of the 82 conservative foundations was: $10,288,081,969 ($10.29 billion)

DiscovertheNetworks.org has identified 122 major foundations as progressive, 115 of which currently do not have zero or negative assets. As of 2010, the total asset value of these 115 foundations was: $104,555,636,781 ($104.56 billion)

This represents a total asset value for the Left that is over ten times (10.16X) larger than the total assets of the Right.

2. Average Assets of Conservative and Progressive Foundations Compared

For the 82 conservative foundations that had no zero or negative assets the National Committee for Responsive Philanthropy and Think Progress identified, the average assets value is currently: $125,464,414 ($125.46 million)

For the 115 foundations that had no zero or negative assets DiscovertheNetworks.org identified, the average assets value is: $909,179,450 (909.18 million)

This represents an average asset value for the Left that is over seven times (7.25X) larger than the average asset value of the Right.

3. Total Grants Awarded by Conservative and Progressive Foundations Compared

Of the 82 conservative foundations that had no zero or negative assets identified by the National Committee for Responsive Philanthropy and Think Progress, the total grants awarded was: $831,797,191 ($831.80 million)

Of the 115 progressive foundations that had no zero or negative assets identified by DTN, the total grants awarded figure was: $8,807,988,218 ($8.81 billion)

This represents a total grants awarded figure by the Left that is over ten times (10.59X) larger than the total grants awarded by the Right.

4. Average Grants Awarded by Conservative and Progressive Foundations Compared

Of the 82 conservative foundations that had no zero or negative assets identified by the National Committee for Responsive Philanthropy and Think Progress, the average grants awarded figure was: $10,143,868 ($10.14 million)

Of the 115 progressive foundations that had no zero or negative assets identified by DTN, the average grants awarded figure was: $76,591,202 ($76.59 million)

This represents an average grants awarded by the Left that is over seven times (7.55X) larger than the average grants awarded by the Right.

The superiority of the Left-wing money machine is further confirmed in the Center of Responsive Politics “Heavy Hitters: Top All-Time Donors, 1989-2014” list [2], which reveals that 7 of the top 10 political donors in America are Leftist and none of them are conservative. Here are the top 10 Heavy Hitters (Democrat donors in blue):

1. ActBlue (“the online clearinghouse for Democratic action”)

2. American Federation of State, Country and Municipal Employees/AFSCME (public sector labor union)

3. AT&T (non-partisan, donates to both parties)

4. National Education Association/NEA (public sector labor union)

5. National Association of Realtors (non-partisan, donates to both parties)

6. Goldman Sachs (non-partisan, donates to both parties)

7. International Brotherhood of Electrical Workers (labor union)

8. United Auto Workers/UAW (labor union)

9. Carpenters and Joiners Union (labor union)

10. Service Employees International Union/SEIU (labor union)

Looking over the rankings, one can’t help but notice that the Left’s favorite boogeymen, the libertarian Koch brothers, finished 59th on the list, while the Democratic party’s big union benefactors – who have been exempted from the Obama administration’s rules changes aimed at conservative & libertarian non-profits – occupy 6 of the top 10 spots.

From “progressive” California billionaires buying gubernatorial elections in Virginia to the enormous advantage in spending that Leftist foundations, unions and PACs have over their Right-wing counterparts, the public is now beginning to become aware of the fact that it is Left-wing money that is dominating America’s political landscape. In light of this, we can see that the New McCarthyites’ efforts to silence and destroy their conservative opponents through bureaucratic fiat and harassment has absolutely nothing to do with leveling a playing field that is already heavily tilted in their own favor. Contrary to their self-serving propaganda, it is clear that “progressives” really aren’t interested in fairness at all. As was the case with their Jacobin and Bolshevik ancestors, the only things that the New Left are interested in is absolute power and control.

Notes:

[1] http://www.amazon.com/The-New-Leviathan-Left-Wing-Money-Machine/dp/0307716457

[2] https://www.opensecrets.org/orgs/list.php

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Posted February 25, 2014 by Candidus in Elections, Government, Politics, The Left

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