Dream on Boys

80 liberals each pledge $1 million for alliance
Donors hope to copy success of think tanks run by conservatives
By THOMAS B. EDSALL
Washington Post

WASHINGTON - At least 80 wealthy liberals have pledged to contribute at least $1 million each to fund a network of think tanks and advocacy groups, to compete with the potent conservative infrastructure built up during the last three decades.

The money will be channeled through a new partnership called the Democracy Alliance, founded last spring in a series of liberal initiatives as the Democratic Party and its allies struggle with the loss of power in Congress and the White House. Many influential Democratic contributors were left angry and despairing about the party's poor showing in last year's elections, and are looking for more effective ways to invest their support.

Financial commitments totaling at least $80 million in the next five years at a time when some other liberal groups, such as the George Soros-backed America Coming Together, are floundering — suggest the Democracy Alliance is becoming a player in the long-term effort to reinvigorate the left. The group has a goal of raising $200 million, a sum that would inevitably come partly at the expense of more traditional Democratic groups.

Their desperation is really getting to them. I thought Soros had billions to throw away but this says that ACT is floundering. This is just another whistle in the dark. They won't be successful until they change their song. Don't hold your breath.

Read more at Houston Chronicle

What do you think?

To leave your opinion click on the word "COMMENT(S)" below