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Published on culturekitchen (http://culturekitchen.com)

The funny thing about liberal billionaires

By liza
Created 30 Aug 2007 - 9:16am
George Soros
George Soros photo found at Business Week [1]

First of all : Who calls a political action committee "America Coming Together" [2]? It sounds like Babes in Toyland event funded by Hugh Hefner, not a GOTV initiative started by George Soros.

Second, let's look at the numbers : The Federal Elections Commission [3] fines ACT more than half a billion dollars ($775,000 to be exact) because said PAC raised some of its whopping $137MM " outside federal limits and source prohibitions to pay for expenses that should have been paid with funds raised within the federal contribution limits and prohibitions [4]."

What does this verbiarge mean? ACT spent $137MM to pay people to do voter canvassing door to door, with direct mail and telemarketing and urge them to vote against Bush and/or progressive candidates.

That's $137MM.

Pre-blogs.

Did they liquidate the PAC because it didn't work or did they fold because they found cheaper ways to influence politics?

When I hear of money thrown into politics like this, I just want to scream. It corrupts the process, no matter the good intentions.

When you throw around $137MM only for elections, you're not supporting democracy. You are supporting a whole political class that has a vested interested in having things remain the same election after election.

And that's part of the problem.



Source URL:
http://culturekitchen.com/liza/blog/the_funny_thing_about_liberal_billionaires