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Nonprofits and Politics
futureofcapitalism.com
Bloomberg's Washington bureau is so left-wing it makes the New York Times look like National Review. The latest example: The Times and Bloomberg both write the same article about political spending via non-profit groups organized under section 501(c) of the tax code. The New York Times article at least says the organizations "have been growing in popularity as conduits for large, unrestricted donations among both Republicans and Democrats since the 2006 election." [Emphasis ours]. The Times article also includes a reference to "501(c)(5) labor unions, which have been supporting Democrats."
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Astonishing Bob Perry
futureofcapitalism.com
The New York Times writes up some contributions to Karl Rove's American Crossroads group, among them what the Times calls, "an astonishing $7 million from Bob Perry, a longtime Democratic nemesis who was one of the major financiers of Swift Boat Veterans for Truth, which attacked Senator John Kerry's Vietnam War record in the 2004 presidential race." What is so astonishing? The Associated Press, Bloomberg, and Politico all managed to report the same news without being astonished, or at least without conveying their astonishment to readers.
Read More...
Nonprofits and Politics
futureofcapitalism.com
Bloomberg's Washington bureau is so left-wing it makes the New York Times look like National Review. The latest example: The Times and Bloomberg both write the same article about political spending via non-profit groups organized under section 501(c) of the tax code. The New York Times article at least says the organizations "have been growing in popularity as conduits for large, unrestricted donations among both Republicans and Democrats since the 2006 election." [Emphasis ours]. The Times article also includes a reference to "501(c)(5) labor unions, which have been supporting Democrats."
Read More...
Astonishing Bob Perry
futureofcapitalism.com
The New York Times writes up some contributions to Karl Rove's American Crossroads group, among them what the Times calls, "an astonishing $7 million from Bob Perry, a longtime Democratic nemesis who was one of the major financiers of Swift Boat Veterans for Truth, which attacked Senator John Kerry's Vietnam War record in the 2004 presidential race." What is so astonishing? The Associated Press, Bloomberg, and Politico all managed to report the same news without being astonished, or at least without conveying their astonishment to readers.
Read More...
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Michael Luo
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