December 17, 2008

Progressive Charities Look for the Silver Lining in Massive Funds Chokepoint

Look for the silver lining

Who says there's no good news about Bernie Madoff?

"Madoff, single-handedly, has done more harm to the Progressive cause than almost anyone yet realizes. And, that's because The JEHT Foundation, one of the leading providers of grants for all things Progressive, has just abruptly announced they're shutting their doors at the end of January as a result of having come to the realization that they've lost virtually all their money because it was all under Madoff's management." -- Daily Kos: State of the Nation [VIA The Belmont Club's They Got Took, which notes: "'Activists' have a curious relationship with money. They don’t make it, but they need to spend it. They need what they loathe. What can I tell you?"]
Less money=Less Mischief. Unless the O-Admin launches a bailout for Progressive Charities. Wait for it.

Posted by Vanderleun at December 17, 2008 1:28 PM
Bookmark and Share



"It is impossible to speak in such a way that you cannot be misunderstood." -- Karl Popper N.B.: Comments are moderated and may not appear immediately. Comments that exceed the obscenity or stupidity limits will be either edited or expunged.

You know, I was just thinking about this the other day after hearing that the Frist Foundation had lost about $12 million of monies invested by Walter Noel---formerly of Nashville---with Madoff. That wouldn't be considered a wipe-out by any stretch but it led me to think about that being only the tip of the iceberg when it came to the more progressive Jewish/liberal causes and agendas. Interesting you should point that out here.

Posted by: Webutante at December 18, 2008 8:10 AM

Oh, Goody, Goody, Goody!

Let me now get up and dance, and laugh at Kos's silly rants!

Posted by: Roderick Reilly at December 18, 2008 2:07 PM