A September 20 Investor's Business Daily editorial, reprinted on CNNMoney.com, claimed that philanthropist George Soros “has financed spin outfits such as Media Matters that specialize in providing distorted conservative political statements as grist for leftist politicians and media.” The editorial also claimed that Media Matters for America “succeeded last year in denying incumbent [Sen. Joseph] Lieberman [I-CT] the Democratic nomination for Senate in Connecticut and effectively drove the moderate out of his own party.” In fact, Soros has never given money to Media Matters, either directly or through another organization, as has been repeatedly and exhaustively demonstrated. Additionally, Media Matters monitors the media for conservative misinformation and does not participate or intervene in political campaigns.

The editorial also claimed: “No Democrat had the courage to cross MoveOn.org after its libelous [Gen. David] Petraeus ad. On Thursday, a symbolic vote in Congress censuring MoveOn.org for the Petraeus ad passed, but with the notable absence of both Hillary Clinton and Barack Obama. Election looming, neither wants to cross Soros' MoveOn.org." In fact, both Clinton and Obama voted for Sen. Barbara Boxer's (D-CA) September 20 amendment, which referred to the MoveOn ad as “an unwarranted personal attack on General Petraeus.” Boxer's amendment also condemned the Republican-backed attacks on Sen. John Kerry (D-MA) and former Sen. Max Cleland (D-GA), both Vietnam veterans.

Lastly, the editorial claimed that Soros “heads a secretive rich-man's club called 'Democracy Alliance.' ” In fact, while Soros is a member of the Democracy Alliance -- a progressive organization described by The Washington Post as “cooperative for donors, allowing them to coordinate their giving so that it has more influence” -- he is not on its board of directors.

CNN entered into a content partnership with Investor's Business Daily in 2001.

From the September 20 Investor's Business Daily editorial:

Soros also has financed spin outfits such as Media Matters that specialize in providing distorted conservative political statements as grist for leftist politicians and media.

Media Matters (and MoveOn.org) succeeded last year in denying incumbent Lieberman the Democratic nomination for Senate in Connecticut and effectively drove the moderate out of his own party. Net result: Fewer Democrats, including today's crop running for office, are willing to challenge any Soros-financed pressure group.

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Soros says he has ended funding to voter-drive organizations, but he still heads a secretive rich-man's club called “Democracy Alliance” that has doled out $20 million to activist groups like ACORN [Association of Community Organizations for Reform Now].

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The strategy seems to be working. No Democrat had the courage to cross MoveOn.org after its libelous Petraeus ad. On Thursday, a symbolic vote in Congress censuring MoveOn.org for the Petraeus ad passed, but with the notable absence of both Hillary Clinton and Barack Obama. Election looming, neither wants to cross Soros' MoveOn.org.