Obama Super PAC Accepts $1 Million from Convicted Felon
September 27, 2012 - 1:00 pm
The convicted felon is billionaire George Soros. In its report on Soros’ latest donation to the left, the New York Times does not mention his sordid past. So we will.
The billionaire George Soros is committing $1 million to Priorities USA Action, the “super PAC” supporting President Obama, two people with knowledge of the decision said Thursday, a significant donation that could help spur further contributions to the group in the closing weeks of the election.
A longtime political adviser to Mr. Soros, Michael Vachon, made the announcement at a luncheon on Thursday hosted by the Democracy Alliance, a group of liberal donors who have already invested heavily in building grassroots organizations and research institutes. Mr. Soros will also give an additional $500,000 to two super PACs backing congressional Democrats. Other donors at the lunch were expected to commit between at least $10 million more to Democratic super PACs, suggesting that many — like Mr. Soros — had overcome their aversion to the purely advertising-oriented super PACs.
Soros is a convicted felon as a result of an insider trading case successfully brought against him in France. The New York Times is aware of that conviction and the fact that it still stands, since the Times reported on Soros’ unsuccessful attempt to get the conviction struck down in 2011.
George Soros is not a political philanthropist. He’s an investor and he’s a currency manipulator. What does he intend to get out of his investment in re-electing Barack Obama, along with the millions he pours into groups like Media Matters and the Center for American Progress?
Whatever he wants, isn’t President Obama on the hook now to explain why, after his campaign called Mitt Romney a felon without any evidence at all, his super PAC is happy to haul in a million bucks from an actual felon?