Wealthy Liberals Give Heavily in Bid to Oust Bush

Los Angeles Times ^ | February 3, 2004 | Lisa Getter

[Mo1]

WASHINGTON — Faced with a new ban on unlimited donations to political parties, some of America's wealthiest liberals have given large sums to help finance independent organizations that want to defeat President Bush in November, according to records released by the IRS on Monday.

Major contributors to the groups include philanthropist George Soros, who gave $5 million, and Cleveland-based insurance billionaire Peter Lewis, who donated $3 million. Hollywood producer Steven Bing gave $2 million, and Rob Glaser, chief executive of RealNetworks, a software maker, gave $745,000.

But the groups, known as 527s for the section of the tax code that applies to them, have raised nowhere near the hundreds of millions their organizers predicted, the reports show. Such predictions had led to speculation that the groups would take advantage of loopholes in campaign finance law to become a shadow Democratic money machine.

"There have been a lot of exaggerated numbers floating around about how much … groups related to Democrats would raise and spend in the 2004 election," said Fred Wertheimer, president of Democracy 21, a campaign-finance watchdog group in Washington. "The two biggest groups … announced plans to spend a total of $190 million to defeat President Bush. What these reports show is that to date, they have raised just 8% of that $190 million."

[Mo1]

FYI
PING

[Howie66]

"A FOOL and their MONEY are soon parted."

[cripplecreek]

Seems that political power is much more important than helping the poor.

[marlon]

Bleed the pigs dry.

[Mr. K]

why dont they just go ahead and pay the extra taxes they want imposed on themselves...?

[ambrose]

Trickle down economics at work.

[Howie66]

I can just see George Soros now....."Will bite the hand that feeds me".

[Mo1]

I just saw that news about the "Hate Bush" meeting by the Hollywood creeps

Did ya notice that George Soros was there .... he is the same jerk that is trying to bring down our economy to help Dems win the WH

All the Baloney that the Dems want to lose this year to open the door for Hellary in 2008 is complete Baloney IMO

These people would never throw away MILLIONS for no reason

[OPS4]

http://www.freerepublic.com/focus/f-news/1071530/posts?page=18#18

Here is the lowdown on Soros and his allies follow this link and read the posts.

The liberal donors are Global Money mongers, using foundations as fronts, and creating more misery than they help.

These are the true enemies of the State!

Ops4 God BLess America!

[Mo1]

Seems that political power is much more important than helping the poor.

BINGO!! .. you nailed it

[reagan_fanatic]

This can't be.

I thought 'The Rich' were just an elite group of Republicans who stole from the poor while lining their own selfish pockets.

Why would the demoncrats accept any of their dirty money??

[RayChuang88]

Did ya notice that George Soros was there .... he is the same jerk that is trying to bring down our economy to help Dems win the WH

I think Soros better be REAL careful if he tries to pull that stunt. He has an extremely sordid financial track record and I'm sure the Bush Administration is using the Securities and Exchange Commission (SEC) to carefully monitor Soros' dealings--any attempt to ruin the US economy will result in Soros being indicted and arrested for securities fraud and campaign law/election fraud in a New York second. =)

[Blood of Tyrants]

Yep. The core of their party is just the common man .... with a couple of hundred thousand dollars lying around with which to buy political favors from the Rats.

[Mo1]

Dang .. I posted on the other thread

The liberal donors are Global Money mongers, using foundations as fronts, and creating more misery than they help.
These are the true enemies of the State!

Thanks for the link ..

[Mo1]

I sure hope they are monitoring Soros ..

and We also need to monitor these Hollywood creeps .. They and Hellary's gang are directly in cahoots with Soros IMO

[Howie66]

Suppose that IF enough good citizens call their elected representitives and call for an SEC (Securities & Exchange Commission) investigation ("anal exam") of Mr. Soros and his "business dealings", he might just tone down his antics?

[OPS4]

There was a thread and we all participated in sending the SEC emails to that effect, please do send your emails to the SEC, asking for the investigation.
Ops4 God BLess America.

[OPS4]

http://www.freerepublic.com/focus/f-news/1069935/posts

This is the sec thread calling for Soros investigation.
Ops4 God Bless America!

[prairiebreeze]

Time to make a Bush-Cheney 04 contribution I believe.

Prairie