Soros Gives $1.5 Million To SuperPACs

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This used to sound like a lot of money, but now I just keep thinking, geeze, George, Bill Maher gave $1 million and he's not worth anywhere near as much as you:

WASHINGTON, Sept 27 (Reuters) - Billionaire financier George Soros has committed $1.5 million to "Super PACs" backing President Barack Obama and Democrats running for Congress in the Nov. 6 election, officials with those groups said on Thursday.

Soros - a prominent donor to liberal political causes - has pledged $1 million to Priorities USA Action, which is running ads to help the Democratic president's re-election bid, and $500,000 to Majority PAC and House Majority PAC, which help Democratic congressional candidates, the officials said.

The move by Soros, who had remained largely on the sidelines of this year's Super PAC fundraising barrage, could trigger more big checks from wealthy Democrats who previously avoided giving to the groups, citing dismay over the growing role of money in politics.

[...]Soros' adviser said previously that the financier was more focused in this campaign on grass-roots political organizing.

Soros last year made six-figure donations to the Majority and House Majority PACs and pledged $2 million earlier this year to American Bridge 21st Century, a research-focused Super PAC that does no ads, and America Votes, a group that helps coordinate campaign work for liberal groups nationwide .


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