by Tina Trent on 16 Apr 2012
Top Soros Grantees Revealed on Pages 24, 25
Obama Stimulus Dollars Funded Soros Empire
Van Jones at the “Take Back the American Dream” conference.
Executive Summary
Newly recently released tax documents reveal how billionaire
“philanthropist” George Soros expanded his U.S.-based empire by using
funds from the American Recovery and Reinvestment Act of 2009, also
known as the Obama stimulus. Soros and Obama worked hand-in-glove
through the stimulus, which has been called the largest single partisan
wealth transfer in American history. In 2010, tax records show that Soros, a convicted inside trader with extensive knowledge of the American financial system and government policies under Obama, deployed grantees from his Open Society Foundations1 to lobby for and acquire federal contracts for job training, green energy, and community redevelopment programs. By gaining control over those resources, Soros advanced his agenda for “green economics,” open borders, and increased government handouts. In short, he grew his empire, which includes much of the “progressive” movement in the U.S., as the federal government and Obama’s political constituencies grew in power and influence.
This report analyzes George Soros’s grants to organizations in 2010. The records show massive coordination of non-profit networks in the states and nationally. Four powerful organizations and coalitions — The STAR Coalition, The Gamaliel Foundation, the Apollo Alliance, and Green for All — are given detailed scrutiny in this regard, with the involvement of Van Jones getting special mention. Jones is the former Obama “Green Jobs Czar” fired after information about his communist past surfaced through the work of anti-communist blogger Trevor Loudon and then-Fox News personality Glenn Beck. The lobbying power of such efforts ensured that stimulus funds flowed from taxpayers into union coffers and into the hands of other activists who had been instrumental in putting President Obama into office.
This report, “Obama Stimulus Dollars Funded Soros Empire,” includes an analysis of how Soros-funded organizations and networks operate, the strategies used to steer stimulus money to special interest lobbies, and an explanation of how taxpayers were forced to subsidize the “progressive” movement in the U.S. However, only Congress, with its investigative powers, can get to the bottom of how this money was spent and into whose coffers it ultimately ended up.
America’s Survival, Inc. (ASI) began the process of analyzing the Soros empire, which has been financed with almost $8 billion from the controversial billionaire, during an October 27, 2011, “Soros Files” conference in Washington, D.C. Reports and speeches from this conference are posted at www.sorosfiles.com The reports available at this website include How Soros Finances Marxism in America, Soros Funds Marxist Legal Groups and Terrorists, and How Soros is Subverting the Criminal Justice System. This website is updated on a regular basis.
How the “partisan wealth
transfer” called the Obama stimulus was applied to Soros-funded
organizations that dominate the progressive movement and President
Obama’s political base.
Surprisingly little has been written about George Soros’s role in the Recovery Act. This may be due in part to the fact that Soros’s Open Society Foundations in the U.S. (Open Society Institute and Fund to Promote Open Society) only recently disclosed their 2010 federal tax records. Whatever the reason for this delay, for almost two years it effectively concealed the influence the billionaire currency speculator exercised over the federal government’s efforts to “stimulate” the economy. Such “stimulation,” as we can see, was political in nature.
(This title is from a Soros-sponsored conference on how to use Obama stimulus dollars).
By the time hundreds of billions in federal Recovery Act dollars
started flowing to the states, George Soros’s grantees were poised to
take advantage of key provisions of the stimulus package. This is
unsurprising, for Soros had already distributed grants to dozens of
activist groups who lobbied for inclusion of those provisions. These
organizations were then first in line for stimulus funds earmarked for
“green jobs training,” “neighborhood stabilization” and other
activist-driven projects.In the alchemy of Open Society, a dollar spent on an activist can translate into ten dollars in federal subsidies. Hence, Soros and his rich allies give to the poor (and their representatives) in order to take from everyone in the middle.
For Soros, and the activist network he supports, the stimulus program represented a once-in-a-generation opportunity to play Robin Hood with other people’s money. The Obama administration earmarked $787 billion, and much of that was for precisely the types of activities Soros favors: jobs programs, green jobs programs, green jobs programs for felons, “food justice” activism, mortgage assistance that transferred private debts to taxpayers, “neighborhood stabilization” and “weatherization” schemes that enriched community organizers, billion-dollar loans to “sustainability” start-ups, federal subsidies for schools, and social service money-sinks like Head Start. Meanwhile, Soros found other ways to meddle in the stimulus. Many Open Society grantees received funds from Soros specifically earmarked to demand “equity” and racial diversity in the distribution of Recovery Act funds.
Soros deployed his usual arsenal of socially divisive strategies in these efforts. He handed out grants to key minority groups to allege “inequality” in the distribution of Recovery Act funds. These activists injected racial and ethnic politics into mortgage relief efforts and jobs programs. Recovery Act measures to address the mortgage defaults especially empowered activists to denounce “the one percent” and accuse their fellow citizens of purported racial and anti-immigrant discrimination.
The Recovery Act was only one government initiative through which Soros prevailed upon taxpayers (largely without their knowledge or consent) to subsidize his non-profit programs. In New York City, Soros joined forces with Mayor Bloomberg and the Robin Hood Foundation to provide seed money for expensive social programs and new charter schools.
Such projects, which enjoy rabidly enthusiastic press, frequently end up being only fractionally funded by the wealthy philanthropists who start them, while taxpayers foot the bills. In the hands of George Soros, such private/public initiatives are a key back-door method of seizing control of the government. They are also a back-door method of implementing socialism. The Recovery Act speeded this process exponentially.
The Strategy
On May 10, 2010, a two-day event, “Organizing the Recovery,” was held
in Washington, D.C., sponsored by the Open Society Institute and the
Ford Foundation. The STAR (States for a Transparent and Accountable
Recovery) Coalition promoted the event and described itself as a network
of groups working at the state and local levels to ensure that the
Recovery Act was used to “address vital social needs and benefit those
most harmed by the failed economic policies of the past.” This was an
open invitation for the liberal/left to apply for funds.The STAR Coalition consisted of:
- Apollo Alliance
- California Green Stimulus Coalition
- Center for Community Change
- Common Cause
- Consumer Federation of America
- Economic Analysis and Research Network (EARN)
- Good Jobs First
- Green For All
- National Employment Law Project
- National Training and Information Center/National People’s Action
- OMB Watch
- Partnership for Working Families
- Policy Matters Ohio
- PolicyLink
- Progressive States Network
- Right to the City
- Smart Growth America
- The Opportunity Agenda
- Transportation Equity Network
- U.S. PIRG
- Wider Opportunities for Women
