Politics And Money

Discussion in 'Politics, Religion, Social Issues' started by Desertrat, Jan 25, 2004.

  1. Desertrat macrumors newbie

    Jul 4, 2003
    Terlingua, Texas
    From World Net Daily:


    "The Hungarian-born Soros is one of the world's richest men, with a fortune estimated at $7 billion earned in part from brazen assaults on world currency markets. He has gained political notoriety for providing $18 million to support a change in the U.S. campaign-finance laws and then using that change in recent months to offer more than $15 million to radical organizations dedicated to defeating Bush this November."

    Stipulating this is fact...

    Quite a few here have voiced their wish that Bush be defeated. Okay, fine. Does it please those folks that the election could be so affected by Soros' money? Is it good that he would manipulate the stock market to bring about Bush' defeat?

    Been so much talk about ethics and morals, I was just wondering...

  2. Sayhey macrumors 68000


    May 22, 2003
    San Francisco
    Re: Politics And Money

    I find it amazing that the authors of this article can write it and expect its readers to not break out laughing. How many conservatives minded the millions poured into the cottage industries of the anti-Clinton rumor mill by Richard Mellon Scaife? I would be the first to admit that the Democrats have a share of fat cats bank rolling their efforts, but compared to the Republicans they look like a poor imitation. I would love political reform to take out the influence and control of the monied class, in the meantime I'm glad there are a few billionaires like Soros, who have a conscience.
  3. Desertrat thread starter macrumors newbie

    Jul 4, 2003
    Terlingua, Texas
    "the Democrats have a share of fat cats bank rolling their efforts, but compared to the Republicans they look like a poor imitation."

    Er, no.

    Per the FEC, the Republicans have more folks doing the $200 and under than do the Democrats.

    They're not much different in the $1K to $10K range.

    For 100K and up, the Dems do better by a small percentage. In the $1 million or more, the Dems do better by a lot. I vaguely recall it was 14 to 3, Dems...

    I'm dredging from memory, but the gist of it is righteous...

    From what I've read about the man, "conscience" and "Soros" go together like "airline" and "food". What's rather amusing is that he's apparently a one-worlder, which is an accusation levelled against Bush. And, Soros makes most of his money during times of economic problems, so you'd think he be quite happy with Bush' economic policies.

    He seems to have his stinger out for Bush as in the same manner as Ross Perot and Bush I.

    But conscience? Uh-uh. His currency manipulations cost a lot of folks in SE Asia their jobs; his manipulations of the English pound cost many folks a lot of the value of their savings.

    Regardless, his lobbying on the CFR also has it possible for some Republican to commit the same sort of money in Bush' behalf. Hey, turnabout's fair play, right?

    :D, 'Rat
  4. Sayhey macrumors 68000


    May 22, 2003
    San Francisco

    Here is an interesting site - opensecrets.org. One of the breakdowns of contributions they do is by industry. Look at the following, all in 2002.

    Tobacco <$9 million - 79% to GOP
    Telephone Utilities <$16 million - 59% to GOP
    Pharmaceutical <$29 million - 74% to GOP
    Oil & Gas <$24 million - 80% to GOP
    Insurance < $37 million - 69% to GOP
    Banking < $20 million - 63% to GOP
    Accountants <$11 million - 70% to GOP

    There are a few like casino/gambling that are 50-50 and the Entertainment industry sends the majority of its almost $40 million to the Democrats. It sure looks like Big Business knows where it wants to put its money. As I said there are some fat cat donor for the Democrats, but when you get into this money league there is no contest.

    As to Soros, he is the latest whipping boy of the right. I notice he is "assaulting" the money markets as opposed to shrewd legal dealings that made him a lot of money. I have no doubt he is as cutthroat as the rest of them in his business environment, but he has spent lots of money promoting democracy throughout the world. That is the conscience I was talking about. I wish more people with his wealth did the same.
  5. numediaman macrumors 6502a

    Jan 5, 2004
    Chicago (by way of SF)
    You posted a link from "World Net Daily"? You've got to be kidding!

    Here are the headlines on the home page of this site (check them out yourself):

    "Terrorists eye coastal Texas: Law-enforcement source suspicious of shooting by dark-complexion man" (sic)

    "Stay Informed of Christian Persecution!!"

    "Musical jihadists in U.S." (listed as "Breaking" news)

    "Anti-U.S. tunes big hit in Iraq"

    "Global jihad: 'The ones who I targeted were Americans"

    and todays poll questions?
    "Black & white issue: sound off on who can claim rights to term 'African-American'
  6. Desertrat thread starter macrumors newbie

    Jul 4, 2003
    Terlingua, Texas
    numediaman, are you inferring that the editorial policies of WND obviate the truth/fact/veracity of their links? The "Guardian", the NY Times, et al?

    The story about the shooting at the Texas refinery was factual, with speculation, but I saw no worse speculation than in many other articles in many other news sources.

    WND does indeed present a lot of what I'd call 'News of the Weird', but then, so does just about every other paper, nowadays...Seems like most stuff is either weird or bloody.

    Sayhey, thanx for the numbers. The (roughly) $100 million is somewhat more than I'd thought, although the impetus is understandable.

    Where Soros and I are in disagreement about "Democracy" is his view of pure voting majorities having the control and under the aegis of the UN. I just ain't never gonna be a one-worlder. :) And a few other issues...

  7. wwworry macrumors regular

    Mar 23, 2002
    not to mention the new and huge amount of deficit producing subsidies to the people donating to the republicans.

    Medicare can't negotiate lower drug prices???
    New subsidies to the oil industry????
    Reductions in clean air standards???

    Maybe the rich democrats give money but it isn't because they were getting a huge tax cut out of it. Some donations cost you money and some donations, like the ones made to the GOP, make you money. There is a big difference.

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