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Monday, October 31, 2011

The right's boogey-man: George Soros

Right-wing effort to deflect criticism of banks
By Will Collette

There's a lot of frenzied activity within the wing-nut community to come up with targets other than the 1% and the bankers for America's rising anger over the economy.

We've had a few wing-nut comments here at Progressive Charlestown telling us we should be directing anger at Rep. Barney Frank and former Senator Chris Dodd, rather than those nice people at Bank of America and Goldman Sachs.

One of the leading conservative strategists, Cliff Kincaid, whose elaborate depictions of left-wing conspiracies inspired former Fox windbag Glenn Beck's famous white board diagrams, has a new set of interconnections to reveal and a new target: George Soros.

Soros is a billionaire investment tycoon who decided to put his wealth to use serving the greater good. He started in the 1970s and 1980s by funding anti-apartheid organizing in South Africa and democracy dissidents behind what was then the Iron Curtain. He has supported liberal and progressive political causes and has funded a wide range of charities. Between 1979 and 2011, Wikipedia reports he donated more than $8 billion of his own money to charities promoting human rights, public health and education.

Obviously, that makes him a bad man and a very suspicious one at that. Clearly, his charitable works and political beliefs have caused the worldwide financial meltdown, not the banks or oligarchs. At least that's what Cliff Kincaid says the following chart proves beyond a shadow of a doubt: