Top of the Ticket

Political commentary from Andrew Malcolm

« Previous Post | Top of the Ticket Home | Next Post »

George Soros pours $2.5 million into new advocacy group

Here comes Big George again. Billionaire George Soros is weighing in heavily with more cash, delivering $2.5 million to a new political organization called Fund for America.

According to a year-end campaign report filed with the Internal Revenue Service and uncovered by The Times' Dan Morain, Fund for America was organized by Taco Bell heir Rob McKay, former Clinton White House Chief of Staff John Podesta and Anna Burger of the Service Employees International Union. The SEIU matched Soros with another $2.5 million, too. Other major donors include investor Donald Sussman, who has given $1 million and AKT Development of Sacramento.

Although it cannot get directly involved in advocacy for or against candidates, Fund for America is expected to air television ads and take other political action aimed at helping Democrats claim the White House and retain control of Congress.The group is organized as a "527," so named for the revenue code section that defines it.

Fund for America is the liberal answer to the conservative Freedom's Watch, organized by former political aides to President Bush and funded by wealthy Republicans including billionaire Sheldon Adelson of Las Vegas. But as a nonprofit corporation, Freedom's Watch is not required to disclose its donors.

--Andrew Malcolm

 
Comments () | Archives (13)

The comments to this entry are closed.

The Kennedy endorsement has no following in Southern California. People here are no fan of Shamrock Celts of New England Patriots telling us who to vote? Why not add their vote for Obama in MA, in order to get a Win in that state? Edward Kennedy can never accept a woman president, he thinks they should all belong to Lake Chappaquiddick. What a shame?

Another story here Malcolm? George Soros - member CFR. "Nuff said.

By the way keep up the good work and writing.

I see where Ron Paul starting to break into the media. A Washington state paper is endorsing him and a full page ad is in the Boston Globe.

Regards. Carl

There's no such thing as "Lake Chappaquiddick", you moron.

Oh boy, another defender of Racist Ron Paul! Woo-hoo!

Still hoping that nobody besides the RP faithful has read the Ron Paul Report excerpts, eh?

http://www.tnr.com/politics/story.html?id=74978161-f730-43a2-91c3-de262573a129

I think that what the last election showed was that there is scant relationship between money and who wins an election. Ability to raise money is a good indicator that a candidate will win, but just handing a candidate a boatload of cash from a single donor does not guarantee success... I am not sure it even helps.

In the last cycle, the Republicans outraised the Democrats... more importantly, they had a lot more donors and a lower average contribution amount. This cycle it looks like the reverse is true. For all of the money that Soros spent trying to get Bush out of office, he did not succeed. This time around, if the Democrats retake the White House, it will not be because of Soros' involvement.

For a few other examples... look at Romney. He has self-funded a lot of his candidacy. Because of this, he has had the most cash of any Republican candidate. Yet he is trailing McCain and has picked up only token victories.

To win, you need ideas and the ability to inspire. Until Soros can provide these things, he is wasting money trying to influence presidential election outcomes.

I find Soros very inspiring myself. He has had enough ideas to become a very rich man. You may not agree with him but I don't see how you can say he doesn't have ideas or the ability to inspire.

And this is news because? A wealthy donor has donated to an advocacy group. Okay, not quite earth shattering stuff.

Everytime I see George "the Pig" Soros name jump up I want to throw up. Be very careful, the democrats will try and end run around our American politics and getting George Soros who is not an American born citizen the opportunity to be president. They will have to change the law that right now only allows natural born citizens runs for president. They will do it in the name of Arnold Schwartzenneggar who is Republican in name only (RINO).

Soros is a filthy pig and he really needs to go screw up Greece somemore.

Mike Konkel

can we all just get along and agree to disagree. I have supported President Bush for most of his career and still do for the most part. He is our president we should back him. If something is wrong then we should voice our opinions.
Forget about the War. That ship has sailed. Anyway I have been to Iraq a couple of times. And will continue to go if need be. There is a lot of good going on. you may not know coming from the left wing media but there is alot of good going on.

We need to focus more on the economy. we need to cut spending. Maybe raise some taxes, not by much, maybe a percent or two. so before you go out and vote search your soul real good, and make your decision what you think is right. Dont make your decision just because you do not like a certain party or canidate. Look at waht they are standing for.

One Path to the Presidency

Gordon E. Finley, Ph.D.

Both leading Democratic candidates repeatedly have emphasized “change” as a core theme in their campaigns for the presidential nomination. They talk of changes to improve the lives of women, Blacks, Hispanics, and children -- but I still am waiting to hear what changes they have in mind to help me, other white men, and boys specifically.

In October, 2007 David Paul Kuhn published The Neglected Voter: White Men and the Democratic Dilemma. The most important statistic in this book is that white males constitute the second largest voting bloc in America: “They [white males] make up between 36 and 39 percent of voters, roughly five times more than Hispanic male and female voters combined. White women are about a 5 percent larger voting bloc than white men…” (p. 6).

Listening to the acceptance and concession speeches following the Democratic primary in South Carolina last night, I heard no candidate speaking to us. Not surprisingly, Kuhn argues, white men vote Republican. Democrats seeking to win big on Super Tuesday next week might well want to begin by reading Kuhn’s book today.

To help them along, here are three critical issues for men. The first is job outsourcing and the economy -- focusing on jobs for men as well as jobs for women. The next is divorce and child support. The biggest negative consequence for men of past presidential pandering to the women’s vote is that federal law now funds the divorce and domestic violence industries that separate fathers from their children and transfer wealth from men to women. To regain the male vote of all racial and ethnic groups, Democrats must come to value boys and men, support marriage, discourage divorce by leveling the legal playing field, and encourage father-child relationships.

If this does not constitute change, I don’t know what would.

The third and most important long-term issue is the boy and man crisis in education. As widely documented, in K through 12, boys are losing ground to girls on virtually all indices. At the undergraduate, level men constitute at best 40% of college students, and at the graduate and professional levels they constitute distinct minorities in most fields.

What boys need is a massive change in social attitudes giving them the same kinds of social support and encouragement now given to girls. At the federal level, boys also need the same kinds of interventions designed to remedy and enhance educational attainment currently offered to girls.

So, what’s all this got to do with the path to the presidency in 2008? In my view, just as candidates began attending to the needs, wants, and aspirations of girls and women in the 1960’s, so too today, do candidates need to attend to the needs, wants, and aspirations of boys and men not only if they wish to win the Presidency – but far more importantly – if they wish to improve the quality of life for all citizens in 2009 and beyond.

Gordon E. Finley, Ph.D. is Professor of Psychology at Florida International University in Miami. His faculty web site is: http://psych.fiu.edu/Faculty&StaffPages2/Finley/Finley.htm

Whoa, we got off-topic fast. to ESL's post: "I find Soros very inspiring myself. He has had enough ideas to become a very rich man. You may not agree with him but I don't see how you can say he doesn't have ideas or the ability to inspire."

I agree that Soros is a brilliant man... he made a lot of money crashing the English Pound and Southeast Asian currencies... My point is mainly that without running himself, he will find it very difficult to influence elections with money alone. There is a popular belief in this country that somehow money can influence elections. I think that is true to a very small extent... especially in the primaries when candidates don't have their party machines behind them... yet look at what McCain and Huckabee have done with practically broke campaigns... and look at what Romney and Giuliani were able to do with incredible financial advantages... not a lot.

On the other side, Clinton with her incredible cash advantage earlier on was not able to put the brakes on the Obama campaign.

527's can be effective... but primarily with ideas and cunning... large sums of money are wasted without these elements. So a wealthy person who wants something to be so without an angle is throwing his money away if he thinks he can influence the election with hunks of change. It just doesn't work that way.

Now if he wanted to shed light on a particular idea that has not received ample coverage, he might have success. That the Democrats need to stay in power is not a big idea. It is a small one and has no hook. If I had that much money, I would hit on the national debt, but that is just me.

"Oh boy, another defender of Racist Ron Paul! Woo-hoo!"
by PhoenixWoman

Better a racist or yet a sexist than a neoCommunist. The enemies of America are skating on thin ice if they think they are passing for honest and goodly citixens.
Racism is good, sexism better, Americanism the best.

Time for GEORGE SOROS to be booted out of america he is a corupt sinsister person and he is out to disarm all americans just like all socialist want to do


Connect

Recommended on Facebook


Advertisement

In Case You Missed It...

About the Columnist
A veteran foreign and national correspondent, Andrew Malcolm has served on the L.A. Times Editorial Board and was a Pulitzer finalist in 2004. He is the author of 10 nonfiction books and father of four. Read more.
President Obama
Republican Politics
Democratic Politics


Categories


Archives
 



Get Alerts on Your Mobile Phone

Sign me up for the following lists: