Democrats Find Many Big Donors Cutting Support

New York Times ^ | Sept. 29, 2010 | MICHAEL LUO and JEFF ZELENY

[Second Amendment First]

Many wealthy Democratic patrons, who in the past have played major roles financing outside groups to help elect the party’s candidates, are sitting out these crucial midterm elections.

Democratic donors like George Soros, the bête noire of the right, and his fellow billionaire Peter B. Lewis, who each gave more than $20 million to Democratic-oriented groups in the 2004 election, appear to be holding back so far.

“Mr. Soros believes that he can be most effective by funding groups that promote progressive policy outcomes in areas such as health care, the environment and foreign policy,” said an adviser, Michael Vachon. “So he has opted to fund those activities.”

The absence of these Democratic megadonors is contributing to a huge disparity in spending between pro-Republican and pro-Democratic groups. The groups wield huge influence in many House and Senate races because they can take in contributions of unlimited size.

In the last week, Republican-leaning groups outspent their Democratic counterparts on television by more than seven to one on Senate races and nearly four to one on House races across the country, according to data from the Campaign Media Analysis Group, which tracks political advertising. The gap shows few signs of abating, even with the midterm election season in full swing.

The donors’ reluctance stems from a variety of factors, including pessimism about the party’s prospects in November, but also President Obama’s strong condemnations of this kind of independent activity, both during the 2008 campaign and after he was elected..

[FlingWingFlyer]

“Ain’t nothin’ but a thing. I’ve already got all of their money anyway.” -Barry

[basil]

Cry me a river.........

[Mobties]

There's no point in bribing someone who will not be returning to office next year, much less someone who will lose his chairmanship.

If bribery is your game, you'd be better off giving it to the prospective winner nor just closing up your checkbook.

[Brilliant]

So that means Congress has got to pass another law banning people from giving money to the GOP.

[Tzimisce]

Ha!

HAHAHAHAHAHAHAHA!!!

[The Comedian]

Democratic donors like George Soros, the bête noire of the right, and his fellow billionaire Peter B. Lewis, who each gave more than $20 million to Democratic-oriented groups in the 2004 election, appear to be holding back so far.

Saving up for good security details. And mortuaries.

To no avail.

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[rockinqsranch]

Reads like BS to me. They are just rerouting how the money gets to the dem destination.

[highlander_UW]

“Mr. Soros believes that he can be most effective by funding groups that promote progressive policy outcomes in areas such as health care, the environment and foreign policy,” said an adviser, Michael Vachon. “So he has opted to fund those activities.”

Soros has a whole list of leftist organizations he funds...I wouldn't be surprised if we were to learn that he's donating as much this election as the last...just through different channels.

[Windflier]

Obama and his Democrat congress have done their jobs. Soros has no further use for them. Get ready for the next crop, who will be the real deal.

Be vigilant, and prepare to fight like hell, fellow patriots.

[Psalm 144]

Reads like BS to me. They are just rerouting how the money gets to the dem destination.

***************

Yes.

[BobP]

There's no point in bribing someone who will not be returning to office next year, much less someone who will lose his chairmanship.

----------------------------

He gave enough of our tax money to his union goons.

Look out Zer0, the hope and change is a coming... and not from you.

[Gapplega]

Satan is going to collect his soul very soon. Pity. Soros is a modern day Faust.

[SunkenCiv]

Democratic donors like George Soros... and his fellow billionaire Peter B. Lewis, who each gave more than $20 million to Democratic-oriented groups in the 2004 election, appear to be holding back so far.

Thanks Second Amendment First.

[funfan]

That's okay he will just use the rest of the Stimulus money
why not he is a cheater that is a given to be a progressive or Communists if you will. “The End Justifies The Means”
whats a little creative accounting among thieves

[OrangeHoof]

Soros is too busy shorting our stocks to worry about a campaign he can’t win.

[Second Amendment First]

I hope more people will connect Progressive Insurance with Peter Lewis.

[Second Amendment First]

Don’t know about shorting, more like stimulating a suckers rally before bailing.

[Chode]

and the RATS, take another one in the..............................HA ha!!!

[April Lexington]

Nice work...