#1 Soros donates $1.5 million to pro-Obama super PACs09-27-2012, 09:53 PM
By Dan Eggen, Thursday, September 27, 4:02 PM
George Soros, the liberal billionaire investor who has largely laid low during the 2012 elections, announced $1.5 million in pledged donations Thursday to a trio of super PACs backing President Obama and congressional Democrats, PAC officials said.
Soros, who became nationally prominent in 2004 when he spent more than $20 million on independent groups supporting Sen. John Kerry (D-Mass.), will give $1 million to Priorities USA Action ó which is supporting Obama ó and $500,000 to Majority PAC and House Majority PAC, which are running ads on behalf of Democratic candidates for Congress.
The move could signal a softening of resistance by Soros and other wealthy liberals to contributing to super PACs and other independent groups that can accept unlimited donations. Soros had previously given $1 million to the American Bridge opposition research group and smaller checks to other groups, but had suggested he was unlikely to get involved more directly.
Even with more than $2.5 million in total donations, however, Sorosís financial commitment pales in comparison with conservative donors such as casino magnate Sheldon Adelson, who has said he will give up to $100 million to groups supporting Mitt Romney and other Republicans this year.
Other top Republican donors include Houston homebuilder Bob Perry ($16 million) and Dallas billionaire Harold Simmons ($15.75 million). The top Democratic giver on record so far is New York hedge fund manager Jim Simons, who has given a combined $4 million to the same super PACs to which Soros just agreed to contribute.
09-27-2012, 09:57 PM
Throwing (good) money after bad I hope. He gives me the creeps.Good men sleep peaceably in their beds at night because
rough men stand ready to do violence on their behalf.
Real superheroes don't wear capes. They wear dog tags.
09-27-2012, 09:59 PM
20 million in 08 to 1.5/2 million today.
What does that tell you?
09-27-2012, 11:23 PMThe 21st century. The age of Smart phones and Stupid people.
It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
09-28-2012, 06:40 PM--Odysseus
Sic Hacer Pace, Para Bellum.
Before you can do things for people, you must be the kind of man who can get things done. But to get things done, you must love the doing, not the people!
09-28-2012, 06:48 PM
Soros already lost almost half of his fortune do to bad investments, so what is another $1.5 million loss?
I love my God, my country, my flag, and my troops ....
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