Anyone who starts throwing dollar signs around needs to read “The New Leviathian”.
The New Leviathan: How the Left-Wing Money-Machine Shapes American Politics and Threatens America’s Future Hardcover – June 12, 2012
by David Horowitz (Author), Jacob Laksin (Author)
DiscoverTheNetworks.org, a website run by the David Horowitz Freedom Center, identified 115 major progressive or left-leaning foundations. In 2010, it found the progressive foundations had total assets of $104.56 billion.
The left-leaning National Committee for Responsive Philanthropy and Think Progress, a popular blog run by the Center for American Progress Action Fund, identified 82 major conservative grant-making foundations. In 2010, they found the conservative foundations had total assets of just $10.29 billion.
The progressive foundations awarded $8.81 billion in grants compared to the conservative foundations’ paltry $831.8 million in grants. As long as grant makers “don’t violate IRS rules that bar direct contributions to candidates and parties, tax-exempt foundations can operate without constraints,” Horowitz and Laksin write.
This vast network of left-wing funders and activist groups dwarfs anything the activist Right has to offer. It is “self-sufficient and self-perpetuating … an aristocracy of wealth whose dimensions exceed any previous accumulations of financial power, whose influence already represents a massive disenfranchisement of the American people and whose agendas pose a disturbing prospect for the American future,” according to the authors.
For example, Horowitz and Laksin also show that the Left thoroughly dominates two huge areas of interest-group warfare today: immigration and environmentalist activism.
In immigration, they found that there are nine major conservative groups “that support traditional immigration policies” and 117 progressive groups “that support radical departures from traditional immigration policies and notions of sovereignty.”
The conservative groups (e.g. Federation for American Immigration Reform, NumbersUSA Foundation) have net assets of $15.05 million (based on annual revenues of $13.8 million), compared to the $194.67 million in net assets (based on annual revenues of $306.11 million) held by progressive groups (e.g. National Council of La Raza, Redlands Christian Migrant Association).
In other words, progressive immigration groups have 22 times the revenues that their conservative counterparts have.
In the world of environmental activism, Horowitz and Laksin report that there are 32 major conservative groups that “promote market-friendly solutions” and 552 progressive groups that “promote radical views that are anti-business.” Collectively, the conservative groups have net assets of $38.24 million, a figure that seems insignificant compared to the $9.31 billion figure representing the progressive groups’ combined net assets.
The progressive environmental groups enjoy a 37 to 1 advantage over conservative environmental groups in revenues ($3.56 billion compared to $96.17 million).