Billionaire mounting anti-Bush effort
One of the biggest problems facing the Democractic Party is fundraising. Anyone who knows anything about politics knows that ideas and programs are all well and good, but even the best-intentioned candidate will founder without enough cash on hand. It appears that George Soros is taking it upon himself to remedy that issue.
RESTON, Va., Sept. 17 (UPI) -- Billionaire George Soros reportedly is putting together a $10 million warchest to prevent U.S. President George Bush from winning a second term.
Soros, who in 1992 made $1 billion in a single day through currency speculation that drove down the British pound, along with a group of philanthropists and trade unions, is mounting a campaign to unseat Bush for what he sees as the administration's misuse of power, Canada's National Post reported.
"You passed the U.S.A. Patriot Act without proper discussion," Soros said in a recent interview with PBS. "Anyone who opposed it was accused of giving aid and comfort to the terrorists. I think we've gone off the rail in this country. Lawmakers didn't even get a copy of the bill. They couldn't even read it before it was passed."
The Hungarian-born Soros is estimated to be worth $5 billion and has been involved in philanthropic activities -- largely in Eastern Europe -- since 1979.
The question now, of course, is whether or not Democrats will be able to build on this and raise the money necessary to remove Bush from office. It's one thing to recognize what an absolute disaster Bush has been as President; it's quite another to put your money behind your beliefs.
