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Wealthy Liberals Give Heavily in Bid to Oust Bush
Los Angeles Times ^
| February 3, 2004
| Lisa Getter
Posted on 02/05/2004 1:40:49 PM PST by 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."
(Excerpt) Read more at latimes.com ...
TOPICS: Extended News; Front Page News; Miscellaneous; News/Current Events; Politics/Elections; US: Washington
KEYWORDS: 2004; 527groups; billionaires; billionairesforkerry; bushhaters; domocrats; georgesoros; hollywoodleft
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1
posted on
02/05/2004 1:40:51 PM PST
by
Mo1
To: prairiebreeze
FYI
PING
2
posted on
02/05/2004 1:41:23 PM PST
by
Mo1
(Join the dollar a day crowd now!)
To: Mo1
"A FOOL and their MONEY are soon parted."
3
posted on
02/05/2004 1:42:26 PM PST
by
Howie66
("America will never seek a permission slip to defend the security of our people.")
To: Mo1
Seems that political power is much more important than helping the poor.
4
posted on
02/05/2004 1:42:48 PM PST
by
cripplecreek
(.50 cal border fence)
To: Howie66
Bleed the pigs dry.
5
posted on
02/05/2004 1:42:49 PM PST
by
marlon
To: Mo1
why dont they just go ahead and pay the extra taxes they want imposed on themselves...?
6
posted on
02/05/2004 1:43:40 PM PST
by
Mr. K
To: Mo1
Trickle down economics at work.
7
posted on
02/05/2004 1:43:42 PM PST
by
ambrose
("Only The Toes Know...")
To: marlon
I can just see George Soros now....."Will bite the hand that feeds me".
8
posted on
02/05/2004 1:44:29 PM PST
by
Howie66
("America will never seek a permission slip to defend the security of our people.")
To: rintense; MJY1288; RedBloodedAmerican; twyn1; kitkat; justshe; ladyinred; lonestar; ...
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
9
posted on
02/05/2004 1:44:58 PM PST
by
Mo1
(Join the dollar a day crowd now!)
To: Mo1
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!
10
posted on
02/05/2004 1:45:14 PM PST
by
OPS4
To: cripplecreek
Seems that political power is much more important than helping the poor. BINGO!! .. you nailed it
11
posted on
02/05/2004 1:45:57 PM PST
by
Mo1
(Join the dollar a day crowd now!)
To: Mo1
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??
12
posted on
02/05/2004 1:46:14 PM PST
by
reagan_fanatic
(I'd rather be driving my '57 Chevy)
To: Mo1
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. =)
To: Mo1
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.
14
posted on
02/05/2004 1:52:48 PM PST
by
Blood of Tyrants
(Even if the government took all your earnings, you wouldn’t be, in its eyes, a slave.)
To: OPS4
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 ..
15
posted on
02/05/2004 1:53:44 PM PST
by
Mo1
(Join the dollar a day crowd now!)
To: RayChuang88
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
16
posted on
02/05/2004 1:57:34 PM PST
by
Mo1
(Join the dollar a day crowd now!)
To: Mo1
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?
17
posted on
02/05/2004 1:59:48 PM PST
by
Howie66
("America will never seek a permission slip to defend the security of our people.")
To: Howie66
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.
18
posted on
02/05/2004 2:03:50 PM PST
by
OPS4
To: OPS4
19
posted on
02/05/2004 2:05:21 PM PST
by
OPS4
To: Mo1
Time to make a Bush-Cheney 04 contribution I believe.
Prairie
20
posted on
02/05/2004 2:06:32 PM PST
by
prairiebreeze
(WMD's in Iraq -- The absence of evidence isn't evidence of absence.)
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