Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dstarr

I replied to this in another thread ...

The Snopes folks researched the hell out of this.... they got a quote from Heinz Endowments President Maxwell King. He would have absolutely no reason to lead us astray.

Tides gives money to wack groups, but not Heinz's money. Without Heinz'z money available to Tides, is it possible these wack groups would get less money? I think so.

The NY Post's reply to King:

"We noted that the Heinz donations to Tides 'were earmarked specifically for environmental charities'--but added that 'money is fungible.' That is, dedicated grants from Heinz Endowment money have the effect of relieving the Tides Foundation of the need to raise money for other expenses and commitments. That's the standard meaning of
the widely used assertion that 'money is fungible'...Supporting the Tides Foundation doesn't automatically mean endorsing every group it supports. But the fact that the Heinz Endowments has no qualms about what Tides does with its money speaks for itself. Loudly."

Very loudly indeed, when a Tides front group, Peaceful Tomorrows, creates a media assault on the political opponent of Teresa Heinz Kerry's husband.

So the laugher is: she's funding these groups with your money.

For example: Say Tides funds two charities. One a real charity, the other a leftist, anti-american group. You recognize the name of the real charity and give your hard earned charity dollars to Tides for this good cause. But like most folks you don't specify that Tides can only use your money for this charity. After all, charity is charity.

Heinz could give money directly to the real charity but she really wants to fund the other group. She gives a load of money to Tides and specifies it can only be used for the real charity (and Tides overhead costs, fund raising, etc. of course), thus providing cover for herself. Tides can now use all of YOUR money to give to the slimeballs.


18 posted on 07/21/2004 8:13:07 AM PDT by farsighted
[ Post Reply | Private Reply | To 7 | View Replies ]


To: farsighted

Oops! too slow again. But still bears repeating.
(Am I being redundant? Absolutely not! Let me repeat: ...)


21 posted on 07/21/2004 9:44:34 AM PDT by talleyman (The fruitcake doesn't fall too far from the tree...)
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson