Media Matters

Posted by admin on Oct 21, 2010

This is about one of favorite role model in financial life, George Soros. A chairman of Soros Fund Management and the Open Society Institute and a former member of the Board of Directors of the Council on Foreign Relations. A significant role been played in the peaceful transition from Communism to Capitalism in Hungary (1984–89), and provided Europe's largest-ever higher education endowment to Central European University in Budapest. (Source: Wikipedia)

Recently, the billionaire made a donation to Media Matters for America in an effort to hold Glenn Beck and Fox more accountable for their reports. George Soros has given such a large amount of about $1 million in an support to fight the network and other conservative media outlets.The donation made in hopes that the media watchdog group will be able to monitor and correct what they call “conservative misinformation in the U.S. media.

Conservative activists have been so convinced that lefty financier George Soros is behind the lefty watchdog Media Matters that they’ve sent trackers to ask staffers what it’s like to work for George Soros. Well, call it proof or a self-fulfilling prophecy, but the organization announced today that Soros is going to back them for the first time, to the tune of $1 million.

Media Matters which was launched in 2004 by journalist and author David Brock released a statement where they explained that they intend to use the money to fight the networks that they believe are providing the public with inaccurate and unreliable news and went on to say that “Fox has transformed itself into a 24-7 G.O.P. attack machine, dividing Americans through fear-mongering and falsehoods and undermining the legitimacy of our government for partisan political ends.

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