November 14, 2010 last modified August 14, 2011

So I watched the whole thing.

If Soros is a bad guy, I think Beck is chasing him for the wrong reasons.  Soros's real strength comes from his ability to move financial markets.  He can manipulate prices on commodities and currencies and has done so in the past. Soros -- more than Beck -- can move the price of Gold.  (Maybe this is the real reason Beck fears Soros.)

But on the political side, I think Soros probably stands as the single strongest private individual advocating democracy worldwide.  The Open Society Institute is hugely beneficial in eastern Europe and everywhere that there are emerging democracies. The Velvet revolutions was fantastic and most Americans supported it, same with the Orange revolution.

I've been a fan of Soros for almost 20 years. I met him once about 15 years ago.  I've crossed paths with his people in areas of public health and some of my publishing work and I think some of my projects might trace some of their funding back to Soros in areas like tobacco control and web publishing software.

Soros' story is really an American success story.

I think Beck is a little weak in the way he draws conclusions.  He seems to think 501(c)3 organizations are bad.  No basis in truth for that -- the Mills Park PTSA is a 501(c)3.  I spent part of my afternoon working on setting up another 501(c)3 for educational purposes.

In fact -- just coincidence -- I was reading this earlier today -- 501(c) 3's are exempt from participating in the political activities Beck talks about.   From IRS publication 557 Tax Exempt Status for Your Organization:

So I come away still confused by Beck.  No specific allegations of wrongdoing on Soros? Soros seems like a private person putting money into things he cares about.  Isn't that what Beck thinks is his right?

Who are Beck's puppet masters?  An Australian who became an American only to buy radio and television stations?  Isn't Fox's second largest share holder Saudi Prince Al-Waleed?  Beck's advertisers have abandoned him.  Not one Fortune 1000 company in the whole hour long show.

What did you think of the show?

Don Fick

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