Leftist War Chest on the Verge of Collapse?
By Matthew Vadum
A serious internal schism has developed that threatens to destroy the Democracy Alliance, George Soros’s financial clearinghouse that funds groups and projects aimed at turning America into a European-style socialist state.
The preeminent funder of the Left in the United States, Soros favors American decline and has said that European-style socialism “is exactly what we need now.” The radical, anti-American philanthropist praises Red China effusively, saying the totalitarian nation has “a better-functioning government than the United States.”
The conflict within Soros’s group has created two factions.
On one side are Democracy Alliance members who believe in the original mission of the donors’ collaborative. Created after Democrats failed to reclaim power in the 2004 election, the group started out funding left-wing 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 helping Democrats get elected every election cycle.