Soros not funding Obama campaign efforts?

posted at 3:21 pm on May 8, 2012 by Ed Morrissey

He’s the billionaire every Republican feared in 2004 and in 2008, deploying his riches for the singular purpose of getting rid of George W. Bush.  George Soros succeeded in the last cycle, helping to push Barack Obama across the finish line while bolstering down-ticket Democrats as well.  Until now, Soros has been very quiet about his intentions, and Chris Cillizza reports that has some on Team Obama worried:

Soros cut a $1 million check to America Votes, a group formed during the 2004 election that focuses on grassroots organizing and advocacy, and another $1 million to American Bridge, a research operation run by David Brock. …

But, it may be where Soros and the Democracy Alliance are not giving money — at least not yet — that is the more important development, according to a number of Democratic strategists who pay close attention to the world of major donors.

If Soros and the Democracy Alliance decide not to use their deep pockets to fund Priorities USA Action, a super PAC formed by two former White House officials with the express purpose of running television ads in the presidential race this fall, it could make it difficult for Democrats to stay competitive on the TV airwaves.

At the end of March, Priorities USA Action had $5 million in the bank while American Crossroads, the major player in conservative outside money circles, had $24 million on hand. (Crossroads has pledged to spend upwards of $200 million on the presidential race — largely through television ads.)

That disparity coupled with Soros and the Democracy Alliance decision to fund things other than TV ads has some within the party worried.

Don’t get your hopes up.  Until recently, the received wisdom on this election was that the Obama fundraising juggernaut would swamp out the eventual Republican nominee and that Team Obama would smother the nation in attack ads.  Soros might not have thought it was necessary to intervene at the presidential campaign level this time around.

Still, it’s no secret that Obama’s former benefactors on the Left have been holding onto their wallets so far this cycle.   Some of that came in response to Obama’s refusal to sign an EO that would have barred discrimination among federal contractors for same-sex relationships, as Greg Sargent noted yesterday.  The absence of former big-ticket donors started well before then, though, as the Huffington Post noted when reporting on Priorities USA Action fundraising for March:

The super PAC’s money came from some unexpected sources. Unlike the Republican super PACs with their well-known donors, Priorities USA Action’s donor list does not read like a rock star list of Democratic donors. There is no George Soros, Peter Lewis, Haim Saban or Steve Bing. Instead, there are less-known individuals and, in what might become a trend, a high-profile, foul-mouthed comedian.

In March, the biggest donor to Priorities USA Action was Amy Goldman, with a $1 million contribution. Goldman, an author and activist based in upstate New York, has been called “perhaps the world’s premier vegetable gardener.” Last year, she gave $1 million to the super PAC run by Planned Parenthood.

Chelsea Handler, the comedian behind the cheeky talk show Chelsea Lately and the NBC sitcom “Are You There, Chelsea?,” pitched in $100,000. Handler’s contribution comes one month after the HBO comedian Bill Maher gave $1 million to the super PAC.

Lewis, who founded Progressive Insurance, has let it be known that he’s a lot less interested in political giving these days.  The departure of Bing and Soros — if they have departedwill leave a big hole in the fundraising structure from 2008.  Some of that might be able to be replaced, but with Wall Street angry over Obama’s class-warfare tactics over the last several months, the entertainment industry might be Obama’s last hope.

If Obama looks as though he’s in serious trouble, though, I’d bet on Soros coming back into the fold.  After his success in 2008, it seems unlikely that he’ll sit on the sidelines while Obama gets buried by American Crossroads and the Romney-backing super-PAC Restore Our Future.  Even with Soros on board, Obama might find himself seriously outgunned.

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Soros is using his money to buy companies that will count the votes…why should he bother funding a campaign?

search4truth on May 8, 2012 at 3:24 PM

B…S…!!!

KOOLAID2 on May 8, 2012 at 3:26 PM

He only bets on sure things. When his money comes in, you know the fix is in.

Ufdaubet on May 8, 2012 at 3:27 PM

Soros is contributing all right.
Just under different names.
Those tenticles are so deep and wrapped, Houdini would run away.

askwhatif on May 8, 2012 at 3:28 PM

Did HA start a joke of the day thread?

DDay on May 8, 2012 at 3:30 PM

Can’t give Soros too much credit for getting rid of Bush but we can thank him for helping the media to beclown themselves in their preening of Obama.

DanMan on May 8, 2012 at 3:31 PM

B…S…!!!

KOOLAID2 on May 8, 2012 at 3:26 PM

+1
Maybe he hasn’t yet contributed directly, but what about Van Jones’s communist green company, or MoveOn.org, or People for the American Way, or whatever other socialist organizations he’s created or sponsored. Don’t believe his money is doing a lot to prop up Obamabots.

Christian Conservative on May 8, 2012 at 3:31 PM

Soros is using his money to buy companies that will count the votes…why should he bother funding a campaign?

search4truth on May 8, 2012 at 3:24 PM

Yes.
Meh!

ABO2013

herm2416 on May 8, 2012 at 3:32 PM

He will, when he’s ready, unless he determines it’s a lost cause…

dogsoldier on May 8, 2012 at 3:35 PM

It doesn’t matter how much the advertising campaign spends.

When you are peddling crap, and the consumers know it, they just aren’t gonna buy it, no matter how flashy the commercial.

BobMbx on May 8, 2012 at 3:36 PM

Soros is using his money to buy companies that will count the votes…why should he bother funding a campaign?

search4truth on May 8, 2012 at 3:24 PM

You’re half right…

… Soros is concentrating on the State’s Secretary of State elections in all 50 states.

They control the election laws to be enforced and have a heavy hand in any recount efforts…

Seven Percent Solution on May 8, 2012 at 3:37 PM

soros has his slimy fingers in so many things to see to it bho gets re-elected it would be hard to find them all? soros wants the US to be under the ‘one world’ order more than anything and will give billions to see this happens? bho is just the ‘mouth’ out doing soros/team’s bidding?
L

letget on May 8, 2012 at 3:37 PM

Why would Soros spend his money when Putin and taliban+ muslim brotherhood +alqaeda + hamas + hizbullah are eager to fund Obama

burrata on May 8, 2012 at 3:38 PM

HEH…

d1carter on May 8, 2012 at 3:38 PM

I know what I’d do if I saw Soros in a dark alley.

Nemesis of Jihad on May 8, 2012 at 3:39 PM

In response to search4truth

“Soros is using his money to buy companies that will count the votes…why should he bother funding a campaign?”

No, that is a rumor that was started by a radio station some time ago and is NOT TRUE. Each state is responsible for counting the votes, so you can relax about that particular rumor.

KellyW. on May 8, 2012 at 3:39 PM

He’ll be working behind the scenes and come in publicly at the right time if he feels like it.

He’s probably a man of zero political beliefs at all – but he has a hold on the Democrat Party and it serves his business interests directly.

CorporatePiggy on May 8, 2012 at 3:39 PM

Why would he?

0bama, Romney, both same,same to him.

No point in wasting money on that particular race.

LegendHasIt on May 8, 2012 at 3:42 PM

Time to take a good hard look at all the new or “homegrown” liberal/Left groups sprouting up across several states…and the funding chain.

Soros made it too obvious in 2008…and a lot of people are now, finally, starting to pay attention. But, back in 2007-2008, whenever someone here cited Soros as Dr. Evil (no, not that one…the other one) most of us got called conspiracy theorists and having very active imaginations.

Despite being able to clearly follow the money trails.

Soros merely appears to have changed his technique…the goals remain the same…one unified world government with “benevolent leaders” taking care of the people…like in his youth.

coldwarrior on May 8, 2012 at 3:42 PM

I wonder what Obama needs to do beforehand in exchange for the $$$?

faraway on May 8, 2012 at 4:02 PM

Have you ever seen the old Steve Kroft interview with Soros? I think it has been scrubbed. The transcripts might be available. That interview told me everything I needed to know about him. IMO he has been pumping $s into this for over 40 years without being fully identified . One World Government for power of everything is his goal.

Zanne on May 8, 2012 at 4:03 PM

So? Why would he? Unless both Wrongney and Obama Bin Laden die before the elections, he still gets an easily-influenced socialist in the White House. Why waste money in the pre-electoral catfights when you’re going to win either way?

MelonCollie on May 8, 2012 at 4:04 PM

Soros not funding Obama campaign efforts?

…the vast left-wing conspiracy has meet and decided how to divide up their BILLIONS of campaign support for OBOZO and the other socialist extremists. The unions will pay for certain things, as will planned parenthood (using taxpayer money), sewer rat bill maher, soros, the naacp, the thousands of crony capitalists, etc. They each won’t support everything.

TeaPartyNation on May 8, 2012 at 4:06 PM

Evidently Barry hasn’t met Soros’ demands yet.

GarandFan on May 8, 2012 at 4:09 PM

He only bets on sure things. When his money comes in, you know the fix is in.

Ufdaubet on May 8, 2012 at 3:27 PM

..reminds me of that scene in Let It Ride where odds on the tote board at Hialeah drop precipitously when the high roller places the bet.

The War Planner on May 8, 2012 at 4:12 PM

Isn’t Mitt okay with Soros?

Is there a problem if the Devil endorses your candidate?

PappyD61 on May 8, 2012 at 4:18 PM

Don’t trust Soros.

kingsjester on May 8, 2012 at 4:34 PM

This then

Schadenfreude on May 8, 2012 at 4:36 PM

“..Where ever there’s a ocutard crapping on a cop car, I’ll be there…when you see a man in an overcoat carry a briefcase full of cash down a dark alley, I’ll be there…when a currency fails, I’ll be there..” – Soros

SMACKRUNNER on May 8, 2012 at 4:40 PM

Instead, there are less-known individuals and, in what might become a trend, a high-profile, foul-mouthed comedian.

As opposed to the usual low-profile, foul-mouthed Leftists?

squint on May 8, 2012 at 4:42 PM

Maybe his full-time prostitute took so much of his money that he can’t afford it?

Billionaire George Soros Slapped 28-year-old Brazilian Ex-Lover and Tried to Choke Her After He Refused to Give Her $1.9m Manhattan Apartment

slickwillie2001 on May 8, 2012 at 6:02 PM

Have you ever seen the old Steve Kroft interview with Soros? I think it has been scrubbed. The transcripts might be available. That interview told me everything I needed to know about him. IMO he has been pumping $s into this for over 40 years without being fully identified . One World Government for power of everything is his goal.

Zanne on May 8, 2012 at 4:03 PM

Yep, if you have the money and political power you can get things removed from the internet.

slickwillie2001 on May 8, 2012 at 6:04 PM

askwhatif on May 8, 2012 at 3:28 PM

My thought even before I read the article.

MisterElephant on May 8, 2012 at 6:08 PM

Some of that came in response to Obama’s refusal to sign an EO that would have barred discrimination among federal contractors for same-sex relationships

How on earth would the feds determine that? Seems like a fishing expedition to me.

PattyJ on May 8, 2012 at 6:15 PM

I’m sorry, but Soros was a Nazi Kapo who should have been hanged next to Eichmann. I eagerly await reading his Obit.

georgej on May 8, 2012 at 6:40 PM

Chelsea Handler is a strong supporter of the Hollywood casting couch, too. Hey! She needed the money to give to Obama. What do you call a woman who does that?

Fallon on May 8, 2012 at 7:13 PM

Catch George Soros on NBC’s GRIMM each Friday night. He is one of the human-possessing monsters seen on the show

leftnomore on May 8, 2012 at 7:17 PM

When will this detestable old coot die. Soros probably drinks the blood of nubile young boys and girls to stay alive.

Make no mistake, Soros only spends money to make money and will back any disaster. Obama will benefit. He’s nothing but a tool to Soros.

ironked on May 9, 2012 at 8:50 AM