George Soros Totally Bailed On Democrats This Election

TBI ^ | 9-25-2012 | Walter Hickey

[blam]

George Soros Totally Bailed On Democrats This Election

Walter Hickey
September 25, 2012

World Economic Forum, Flickr

George Soros has been the primary political bogeyman for more extreme wings of the Republican party for some time now.

The fascination first began in 2004 when Soros pledged $25.5 million to groups dedicated to removing then-President George W. Bush from office, including MoveOn.org, America Coming Together, and the Center for American Progress.

Those efforts obviously failed, but they also cemented the billionaire hedge fund manager in the conservative psyche as the man bankrolling liberal causes. Rumors abound about his true motivations, and have spawned a cottage industry of conspiracy theories about how Soros is attempting to influence American politics with his enormous fortune.

But here's the weird thing: He's not. Not this election, at least.

In the 2012 election, when Citizens United has made unlimited donations more possible than ever, Soros has been very, very quiet at the time when Democrats arguably need him most.

Democratic fundraising, especially at the SuperPAC level, is way down this year, while Republican "dark money" donors like Sheldon Adelson have pledged unlimited millions to the fight.

After the Democrats lost in 2004, Soros helped found and fund The Democracy Alliance, which funnels money to Democratic causes. He largely sat out the 2008 election, but did give $35 million in 2009 to aid underprivileged children in New York state, and $1 million in 2010 to a group trying to legalize marijuana in California. Most of his political cash has toward promoting democracy in Eastern Europe through his Open Society Institute.

So far in 2012, his single largest contribution has been $1 million to American Bridge 21st Century PAC, a Super PAC run by Media Matters founder David Brock, which primarily focuses on opposition research.

(snip)

[marron]

He has a whole alphabet soup of organizations he funds. DNC is just one of them.

In any case, he owns them outright.

[marron]

He has a whole alphabet soup of organizations he funds. DNC is just one of them.

In any case, he owns them outright.

[ully2]

Who ls Geotge?

[freeangel]

Doesn’t he fund the ACORN groups in a huge way?

[Intolerant in NJ]

But here's the weird thing: He's not. Not this election, at least...not really - it was to be expected - Soros makes his money by buying up distressed assets and then watching them regain their value - he got his money's worth from supporting Obama and the 'rats because he knew they were out to try to bring this country down - now with the economy as bad as it is he's probably bought up enough cheap securities and real estate that he wants to see them return to where they should be valued - so it's time for his henchmen to go........