Monday, August 22, 2005

Salon.com News | Can Democrats get smart?: "But this time, they are looking beyond the midterm elections in 2006 or the presidential showdown in 2008. Dozens of the richest people in America have banded together to develop a new, permanent network of progressive organizations that will, they hope, fundamentally alter the political direction of the country. Their idea is to create a sort of venture capital firm for progressive philanthropy, a new organization they call the Democracy Alliance. The Alliance will do very little substantive work itself. Rather it will direct six- and seven-figure donations to those groups -- whether they are think tanks, media outlets, or training programs for young liberal leaders -- that show the most promise.

'The Democrats for a long time have been fixed on the next election or the election after that,' says Peter L. Buttenweiser, an heir to the Lehman Brothers securities fortune and one of the Democratic Party's most generous donors. 'This is the first concerted effort to build the infrastructure of the progressive party in a way that replicates what the right has been doing for a long time.'"

(Via Salon.)