Even more troubling is how the Democrat Party/Obama plan would siphon away untold millions or billions of public tax dollars into the Soros empire without taxpayer recourse. Obama promises "accountability" measures to ensure the money is spent wisely. But who would assess effectiveness of the spending? Why, experts in the social entrepreneurship community, of course. Fox, meet henhouse.

Soros has donated some $5 billion of his fortune to left-wing non-profit groups through the Open Society Institute — which is committed to Soros's militant ideology of toppling the "fascist" tyranny of the United States, which he says must undergo "de-Nazification" in favor of "justice." The mob at Obama-endorsing MoveOn, purveyors of the "General Betray Us" smear against Commanding General, MNF-I, David Petraeus, is the most notorious Soros-backed political arm. But scores of other activist non-profits have received Soros funding under the guise of doing non-partisan "community" or "social justice" work — and it is exactly such leftist activist groups that would be first in line for the Democrat Party/Obama's "social investment" seed money.

Point in case: ACORN. As I've reported before, Obama's old friends at the Chicago-based non-profit now take in 40 percent of its revenues from American taxpayers. They have raked in tens of millions in federal anti-poverty grants while their operatives preside over massive voter fraud, corporate shakedowns, and mortgage scams across the country. Soros has donated at least $150,000 to the group, according to Investor's Business Daily, and "heads a secretive rich-man's club called 'Democracy Alliance' that has doled out $20 million to activist groups like ACORN."

more updates pending ....