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Soros, Obama, and the Millionaires Exception
The American Thinker ^ | April 30, 2007 | Ed Lasky

Posted on 05/01/2007 1:03:58 AM PDT by Northern Alliance

It is well-known that George Soros, the hedge-fund manager, major Democratic Party donor and anti-Israel crusader, has been a generous contributor to Barack Obama. But relatively few people realize that a loophole in McCain-Feingold allowed Soros his family members to be particularly generous in support of Obama's Senatorial campaign.

Because Obama was running against Blair Hull in the primary and then Jack Ryan in the general (both multi-millionaires), Obama could, and did, receive especially large donations from individuals, to so-called "millionaires exception." Normally individuals are limited to giving $2300 to candidates in federal elections, but when candidates are running against millionaires, these limits are lifted and candidates are allowed to receive up to $12,000 from a single individual. Soros and his family gave Barack Obama $60,000. This does not include money that Soros was able to funnel to so-called 527 groups (Moveon.org, for example) that have also been politically active; nor does it include money that Soros was able to raise from tapping a network of friends, business associates, and employees.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Politics/Elections
KEYWORDS: obama; soros

1 posted on 05/01/2007 1:04:00 AM PDT by Northern Alliance
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To: Northern Alliance
Unless McLame publically denounces his role in the further deterioration of the first ammendment, and works to repeal the McLame/Feingold act ... he can kiss my donkey.

He's already inhaled the others.

2 posted on 05/01/2007 1:21:01 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true.)
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To: Northern Alliance

“Soros, Obama, and the Millionaires Exception”

I wouldn’t be surprised to learn that he was a contributor to Osama bin Laden.


3 posted on 05/01/2007 4:08:42 AM PDT by RoadTest (Get our Marines out of Pendleton's Kangaroo court!)
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To: Northern Alliance



4 posted on 05/01/2007 4:13:30 AM PDT by Sir Francis Dashwood (LET'S ROLL!)
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To: Sir Francis Dashwood

What a Bill Mc Cain gave us. A few Billionaires now can control Politics


5 posted on 05/01/2007 5:17:28 AM PDT by scooby321
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To: Northern Alliance

Obama is obviously not hesitant to take money from a convicted felon.


6 posted on 05/01/2007 5:22:51 AM PDT by Ben Hecks
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