Soros to Obama’s rescue

[Geee]

Washington Times:

Alarmed at the very real prospect of Mitt Romney becoming the 45th president of the United States, radical philanthropist George Soros has forsaken his oft-repeated vow to quit electoral politics.

After Mr. Romney pulled roughly even with President Obama in national polling late last month, the pre-eminent funder of the left committed to plunking down an extra $1.5 million on re-electing Mr. Obama and helping congressional Democrats.

 

Mother Jones magazine recently described Mr. Soros as “panicked” at Mr. Romney’s rise in the polls in an online article that was pulled down just hours later. The magazine’s 501©(3) nonprofit, Foundation for National Progress, has taken in grants from Mr. Soros‘ philanthropies Open Society Institute ($225,000 since 2008) and Foundation to Promote Open Society ($100,000 since 2010).

A currency speculator and convicted inside trader, Mr. Soros wrings his hands between elections, telling the media he is exiting electoral politics. Although the level of his campaign contributions can fluctuate significantly from cycle to cycle, he never carries out his threat to withdraw. For this, the activist left is eternally grateful.

 

King of the Wall Street hustlers, this man, with an estimated net worth of $22 billion, can no more avoid electoral politics than a hungry shark can avoid eating a delicious seal for lunch. Both Mr. Soros and sharks thrive when blood is in the water, as the people of the United Kingdom know only too well. Through a series of complex transactions in 1992, Mr. Soros “broke” the Bank of England and made more than $1 billion in profit in a single day. Britons with money in the bank paid a high price for this Soros maneuver, as their purchasing power was diminished dramatically overnight.

[SrWoodchuck]