Madoff scandal undermines progressive causes
December 20, 2008 9:57 am American Politics, Economics and FinancePardon me, Arran Gold, if I rip off your latest email posting to the Barrelstrengthian email list. This is too delicious!
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Arran Gold writes:
Madoff news just keeps getting better! All sorts of leftist charity organisations lost money in that debacle.
http://www.dailykos.com/story/2008/12/16/43232/543/693/673580
But, the real story, at least as far as the Progressive blogosphere’s concerned, is that Madoff’s crimes have resulted in the virtual evisceration of hundreds of the very best, privately-funded social programs in the U.S. and throughout the world.
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.
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Dalwhinnie
robins111 :
Date: December 20, 2008 @ 11:01 AM
How will we ever survive without these lefty, liberal organizations?
My goodness, what will be next, green peace without money?
and who was it said that every cloud has a silver lining?
real conservative :
Date: December 20, 2008 @ 12:08 PM
Wow, I was happy today but since reading this I am estatic! Thanks!
Karol :
Date: December 21, 2008 @ 10:38 AM
People that sell us BS to get our money are the same people that are first to buy BS offered to them.
It was not a coincident that Madoff choose to blink leftie charities. With all BS that they were selling to the public there were asking for somebody to pay them in kind. Call it poetic justice.