Nicholas Confessore
The New York Times
9/27/2012
The billionaire George Soros is committing $1 million to Priorities USA Action, the “super PAC” supporting President Obama, two people with knowledge of the decision said Thursday, a significant donation that could help spur further contributions to the group in the closing weeks of the election.
A longtime political adviser to Mr. Soros, Michael Vachon, made the announcement at a luncheon on Thursday hosted by the Democracy Alliance, a group of liberal donors who have already invested heavily in building grassroots organizations and research institutes. Mr. Soros will also give an additional $500,000 to two super PACs backing congressional Democrats. Other donors at the lunch were expected to commit between at least $10 million more to Democratic super PACs, suggesting that many — like Mr. Soros — had overcome their aversion to the purely advertising-oriented super PACs.
The luncheon, which was headlined by former President Bill Clinton, suggested a rapprochement of sorts between progressive donors who have traditionally favored movement-building and Democratic strategists who badly want large checks to finance the party’s emerging super PAC apparatus, which only in recent months have begun to draw significant financial support, much of it from traditional party sources like Hollywood, trial lawyers, and unions…
The article continues at The New York Times.
Related: Liberal icon, Bill Moyers, funnels $1.3 million to liberal nonprofits who appear on his show.
Veteran journalist Bill Moyers heads a foundation that has provided more than $1 million in grants to liberal groups, which then provide guests for Moyers’ television show—a potential conflict of interest, according to one watchdog group…
Update: Obama Receives Money From Music Industry Scam Artist
…After visiting the Vegas Style Entertainment website, one might conclude that Sylvester Carroll is the most powerful man in entertainment that no one has ever heard of. The truth might be something very different…
