Is this where Black Lives Matter gets its money?

 

Is this where Black Lives Matter gets its money?

The Tablet offers a long investigative article about what it claims are the secretive sources of funding for Black Lives Matter and other radical groups.  It begins like this.

In a restless climate of nationwide demonstrations touched off by the killing of 17-year-old Trayvon Martin, an activist named Alicia Garza uttered the phrase “Black lives matter.” A few months later, in October 2013, Garza took a job with an organization called the National Domestic Workers Alliance, and the nonprofit immediately saw a dramatic increase in its funding from organizations tied to some of the wealthiest people in the world—people with names like Buffett, Soros, and Rockefeller.

This spring, in the wake of the killing of George Floyd, the movement became a global interest: Some 1.1 million individual donations worth an estimated $33 million flowed into its coffers. Large corporations, especially in Silicon Valley and retail, have been quick to follow suit, with brands like Square, Ubisoft, Google, Spanx, Tom’s Shoes, Lululemon, Nike, and Anastasia Beauty all making six- and seven-figure organizational pledges.

The received wisdom, echoing the official mythology around Black Lives Matter Global Network Inc.—co-founded by Garza along with fellow activists Opal Tometi and Patrisse Cullors—is that BLM is a grassroots movement that rose up organically out of the widespread rage sparked by viral videos of Black American men killed by police officers. According to this account, the political priorities of activists in Brooklyn screaming at cops and calling to defund the police have been fused with those of suburban moms in Peloton T-shirts, hand-painting signs with their kids using the BLM hashtags of large multinational conglomerates—an unusual union of protesters and the corporate boardroom spurred on by nothing more than everyone’s shared outrage over racism.

There is, however, another version of events, in which the heartfelt dedication to racial justice is only the forward-facing side of a more complicated movement. Behind the street level activism and emotional outpouring is a calculated machinery built by establishment money and power that has seized on racial politics, in which some of the biggest capitalists in the world are financially backing a group of self-described “trained Marxists”—a label that Cullors enthusiastically applies to herself and the group’s other co-founders.

These bedfellows, whose stories and fortunes are never publicly presented as related, are in reality intertwined under the umbrella of a fiscal sponsor named the International Development Exchange. A modestly endowed West Coast nonprofit with origins in the Peace Corps—which for decades supported local farmers, shepherds, and agricultural workers across the Global South—IDEX has, in the past six years, been transformed into two distinct new things: the infrastructure back end to the Black Lives Matter organization in the United States and also, at the very same time, an investment fund vehicle driven by recruited MBAs and finance experts seeking to leverage decades of on-the-ground grantee relationships for novel forms of potentially problematic lending instruments . And it did so with help from the family of one of the most famous American billionaires in history—the Oracle of Omaha himself.

There's much more at the link.

(Note that IDEX, referred to in the article, is now known as Thousand Currents.  That organization has some interesting attributes - go read them for yourself.  It appears to be structured to hide donations from other individuals and groups behind a shield of anonymity.)

Obviously, this article is only one source, and I'm sure much of the "putting two and two together" that the investigative journalists did is speculative.  Nevertheless, the article offers enough "meat on the bone" that it's worthy of further investigation, IMHO.

I've always been deeply suspicious of the level of organization displayed by BLM and Antifa during the street riots we've seen this past summer.  It's far more professional than one would have expected from a "spontaneous protest movement"  (or from the three "organizers" allegedly behind BLM, whom I suspect are figureheads for others who prefer to avoid publicity).  With resources such as these behind them, those organizations could have been (and probably were) preparing for months, and probably years, to swing into action as soon as a suitable pretext presented itself.  The death of George Floyd in police custody in Minneapolis provided the spark to the flame.

It costs a great deal of money to hire fleets of buses to move rioters around the country;  to train and equip organizers;  and to subsidize full-time staff for months on end while they take control of "useful idiots" and mobilize them to support the organization's ends.  Has the Tablet uncovered where that money came from?  It thinks it has.  I think there's far more to it than has presently been revealed, but that's a story for another time.

I suspect the Department of Justice knows more than it's saying, too.  It's been listening to communications between organizers for months now, and working its way further up the chain of command as it uncovers more evidence.  I won't be surprised to see a crackdown in due course, probably depending on the results of the elections in November.

https://bayourenaissanceman.blogspot.com/2020/10/is-this-where-black-lives-matter-gets.html