Tag Archives: Donation

Commentary

What can we learn about media bias from donations made by journalists?

9 Comments

From the radically extreme leftist MSNBC.

Excerpt:

MSNBC.com identified 143 journalists who made political contributions from 2004 through the start of the 2008 campaign, according to the public records of the Federal Election Commission. Most of the newsroom checkbooks leaned to the left: 125 journalists gave to Democrats and liberal causes. Only 16 gave to Republicans. Two gave to both parties.

The donors include CNN’s Guy Raz, now covering the Pentagon for NPR, who gave to Kerry the same month he was embedded with U.S. troops in Iraq; New Yorker war correspondent George Packer; a producer for Bill O’Reilly at Fox; MSNBC TV host Joe Scarborough; political writers at Vanity Fair; the editor of The Wall Street Journal’s weekend edition; local TV anchors in Washington, Minneapolis, Memphis and Wichita; the ethics columnist at The New York Times; and even MTV’s former presidential campaign correspondent.

Here’s a little snip about The New Yorker:

The last bulwark against bias’s slipping into The New Yorker is the copy department, whose chief editor, Ann Goldstein, gave $500 in October to MoveOn.org, which campaigns for Democrats and against President Bush. “That’s just me as a private citizen,” she said. As for whether donations are allowed, Goldstein said she hadn’t considered it. “I’ve never thought of myself as working for a news organization.”

Don’t you think that this bias towards the left would affect how they report the news?

News

Richest hedge fund managers gave 98% of contributions to Democrats

7 Comments

Story here on Big Government. (H/T ECM)

Excerpt:

The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic campaigns.

The top 10 highest-paid hedge fund managers in 2009 have dished out campaign contributions almost only to Democrats.

Over their lifetimes, those managers have given almost $33 million in campaign contributions to Democrats, according to research by the National Republican Congressional Committee (NRCC) and that is based on data maintained by the nonpartisan CQMoneyline.

The same managers gave roughly $600,000 to Republicans, according to the research. The contributions went 98 percent to Democrats and two percent to Republicans.

But there’s more:

As the Senate prepares to debate possibly hundreds of amendments to a Wall Street overhaul bill, labor unions and others have criticized the bill for not having tough restrictions on hedge funds.

“It’s very disconcerting to see this legislation moving forward that gives them a complete pass,” said Heather Slavkin, of AFL-CIO.

I wonder if the two facts are connected in some way? Maybe.

Related posts

    News

    Obama budget proposal likely to decrease charitable giving by billions

    2 Comments

    Story here from Newsbusters.

    Excerpt:

    On the April 16 broadcast of Fox Business Network’s “Varney & Co.,” Rick Dunham, CEO of fundraising consultant Dunham & Company, weighed in on the new budget proposal that would scale back charitable deductions for families making over $250,000.

    “Do you think you’re going to take a really big hit in terms of lower donations to charities? How big a hit?” host Stuart Varney asked.

    “Well the Center on Philanthropy at Indiana University did a study last year to look at the impact of the rise in the marginal tax rate and the capping of charitable deductions at 28-percent and they believe that it’ll be about almost a $4 billion hit based on 2006 dollars,” Dunham said. “So we’re probably looking at about a $5 billion hit.”

    “That’s a sizable chunk of money,” Varney said. “There has been some talk that the administration wants to control charitable giving, and direct where your charitable gifts should go, therefore do it through the government and not through private charities. You think there’s anything to that?”

    Dunham didn’t reject the idea out of hand. “I think all the actions kind of lead that direction. Part of the challenge charities are facing right now is they’re coming off of two years of a decline in giving to charities,” Dunham stated, citing the approximate $12 billion decrease in charitable giving the last two years.

    “The government has always encouraged it through the tax incentive. And I think that’s been a huge part of giving in America – that the government has stood behind private philanthropy by saying ‘we want you to invest in charitable institutions for the good they do to our society.’ And I think that’s what they’re beginning to undermine.”

    This is similar to what happened in Europe. As the secular leftists welfare states grew, people paid more and more in taxes. People had no money after the high taxes to give to charity, because they had “already given” to state. It was the state’s job to take care of people, not private charities. People became very selfish and hedonistic, and religious practice and charitable giving declined.

    The problem with this for Christians is that the state never uses tax money to achieve Christian goals. With a Christian charity, the goal is usually to give the person with money, but also to help the person up and out of their current situation. Christians aren’t trying to give a man a fish, they want to teach him how to fish. It also helps to feel a little humble when someone is helping you.