Thursday, September 16, 2004

Vast and not terribly powerful left-wing conspiracy

From what I can gather, this guy is saying liberals are big, rich, powerful, ineffectual pussies when it comes to promoting their views. And they're whiny and suspicious when it becomes obvious that conservatives are whipping their asses with less money and power, which is invariably. What a surprise. An excerpt:

"Stein and Lapham would have you believe that conservative foundations both outweigh liberal foundations and suppress the liberal message with their big spending. But that's not the case. Stein estimates assets of $2 billion for the eight major conservative family foundations in 2001, which sounds gargantuan. But that's chump change compared to the holdings of liberal foundations. Writing in the American Prospect in 1998, Karen Paget notes that none of these conservative foundations rank in the top 10 American foundations measured by assets, and most don't even break into the top 50. . . .

"Paget argues persuasively that conservative foundations are more effective than liberal foundations because they're better at giving money away, not because they give more of it away. Conservatives tend to 1) give general support, letting the grantee decide how to spend the money; and 2) they tend to renew those gifts year after year, letting the grantee take root as an institution and freeing it from running in circles on the fund-raising wheel. Conservative magazines such as Commentary, the American Spectator, the National Interest, the Public Interest, the New Criterion, and Policy Review have flourished because of steady funding by benefactors.

"Liberal foundations, on the other hand, tend to limit their donations to specific projects and don't make multiple deposits over the years. In other words, a liberal propaganda mill exists; it just operates under different philanthropic principles than the conservative one."

Fascinating. Read it all.

(Hijacked from Pejmanesque)

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