Report: George Soros Donates $1 Million To Democratic Super PAC
Source: TPM
Billionaire financier George Soros is donating $1 million to Priorities USA, a super PAC supporting President Obama's re-election, according to the New York Times. He plans on giving another $500,000 to Democratic super PACs aimed at winning House and Senate races. Previously Soros had indicated he planned to remain on the sidelines in 2012 when it came to funding partisan groups.
Read more: http://livewire.talkingpointsmemo.com/entry/report-george-soros-donates-1-million-to-democratic
Soros Gives $1 Million to Democratic Super PAC
http://thecaucus.blogs.nytimes.com/2012/09/27/soros-gives-1-million-to-democratic-super-pac/
The billionaire George Soros is committing $1 million to Priorities USA Action, the super PAC supporting President Obama, two people with knowledge of the decision said Thursday, a significant donation that could help spur further contributions to the group in the closing weeks of the election.
A longtime political adviser to Mr. Soros, Michael Vachon, made the announcement at a luncheon on Thursday hosted by the Democracy Alliance, a group of liberal donors who have already invested heavily in building grassroots organizations and research institutes. Mr. Soros will also give an additional $500,000 to two super PACs backing congressional Democrats. Other donors at the lunch were expected to commit between at least $10 million more to Democratic super PACs, suggesting that many like Mr. Soros had overcome their aversion to the purely advertising-oriented super PACs.
The luncheon, which was headlined by former President Bill Clinton, suggested a rapprochement of sorts between progressive donors who have traditionally favored movement-building and Democratic strategists who badly want large checks to finance the partys emerging super PAC apparatus, which only in recent months have begun to draw significant financial support, much of it from traditional party sources like Hollywood, trial lawyers, and unions.
colsohlibgal
(5,275 posts)This is the rights big evil rich boogeyman, they'll be going nuts! Way to poke them with a stick George, a million buck stick.
Love our rich guys, we have the ones who are empathetic, not greedy to the last dime.
Frustratedlady
(16,254 posts)They despise Soros, for whatever reason. I knew at one time, but forgot.
Angry Dragon
(36,693 posts)republicans yelling that rich democrats trying to buy elections
musiclawyer
(2,335 posts)This means Soros now thinks that POTUS has the prize. Soros' money is basically insurance to make sure it's not stolen.
flamingdem
(39,321 posts)He was very angry about the tax extensions for the wealthy and has only been donating to Media Matters etc not directly to the campaign, he's more progressive than the party.
FailureToCommunicate
(14,022 posts)Come on all you progressive millionaires, how bout coughing up a bit more?
TexasBushwhacker
(20,214 posts)The GOP has several billionaires with open checkbooks, and we have Soros. Of course Bill Maher gave $1 million to Obama's Super PAC too, so I guess we have the cool factor going for us.
Guy Whitey Corngood
(26,505 posts)I kid I kid. $ $
Chiyo-chichi
(3,586 posts)DLine
(397 posts)Soros money trying to buy the election and kill democracy. The Koch brothers and Sheldon Adelson are just defending freedom.
alp227
(32,052 posts)"-Tard" slang is for middle schoolers and any board that tolerates "libtard" (says a lot).
dreamnightwind
(4,775 posts)Glad to have some of his money for our side. He is the right's favorite whipping boy, ad they often bring up his name to show, using false equivalence, that both sides do it.
There is a Youtube video of him from january where he at one point says there's not much difference between Obama and Romney:
Personally I tend to agree with him, though now that Romney has shown more of his true colors he is obviously worse than Obama, in fact I'd say he is barely human. And the real point is that the people behind Romney are much worse than the people behind Obama. The neocons are mostly hidden behind the curtain, but Romney is their front-end and they would be back in power should he win.
Winning the House would be HUGE, maybe this money will help towards that end.
marions ghost
(19,841 posts)for a billionaire.
Soros could have done more over the last decade. Just a trickle...
flamingdem
(39,321 posts)please
marions ghost
(19,841 posts)musta missed it.
flamingdem
(39,321 posts)marions ghost
(19,841 posts)Not so much to political PACS --but he shouldn't have to.
I'm being cynical. The whole rich deciders thing pisses me off. I guess some attempt to atone for their sins...
flamingdem
(39,321 posts)it was big news that he wasn't going to give to the dems this year, he may not give the same as the repukes but he's the number 1 or was in 2008
Beacool
(30,251 posts)Soros for the left, the Koch brothers for the right, etc.
Sickening on all sides. No wonder so many people tune out from anything political.
marions ghost
(19,841 posts)n/t
DavidL
(384 posts)Now, it's obvious: Soros is influencing the voters unfairly. <<snark>>