Posts in Category: Politics

The Democracy Alliance, Including George Soros, Meets to Discuss Strategy

Prior to the November 8 election, the Democracy Alliance of liberal, Democratic Party donors George Soros helped found in 2005 scheduled a meeting at Washington DC’s Mandarin Oriental Hotel to discuss post-electoral strategies.

According to Politico, however, they have to drastically change the meeting’s agenda. A session on President Clinton’s first 100 days in office became a discussion on “what happened” on Election Day on Forbes. The session on advancing their liberal agenda forward in 2017 is now about how to combat the threat of President Trump and the Republican-controlled Congress. They planned to push a liberal to the left. Now they’re discussing defensive strategies.

George Soros, Peter Lewis and some other wealthy liberals founded the Democracy Alliance in 2005 in the wake of President George W. Bush’s successful reelection campaign over John Kerry, whom Soros backed with millions of dollars. Their plan was to set up think tanks and advocacy groups outside of the Democratic Party. They had two goals. The first was to push Democratic politicians further to the left of the political spectrum. The second was to protect them in elections. The DA now has over 100 members, including Soros and various unions and foundations. They are required to donate at least $200,000 to groups the DA supports.

So far, the DA has spent over $500 million to such groups as Media Matters, the Center for American Progress and Catalist. After the defeat of his candidate in 2004, Soros scaled back his political donations, but recently ramped them up again. In 2016 he spent $25 million to support Hillary Clinton and other Democratic candidates.

Read more: @georgesoros

Also, although Soros has not been an active participant at DA meetings, he was scheduled to appear on November 15. This is a signal he plans to take an active role in opposing President Trump. According to Politico, the wording of the description of the meeting with Soros, reminding people that he experienced both Nazi and Communist rule, was designed to evoke the charge that Trump is a potential dictator. A Soros spokesperson said that’s Soros’s standard bio, and he doesn’t intend to compare Trump to Nazis. However, he also says it’s important to learn from the history of prior authoritarian governments.

The conversation with Soros was added to the DA meeting’s agenda on after Election Day, making it another indication that Trump’s election is forcing him into a more active role than he planned to have under President Clinton.

The Politico article also discusses how some liberals are questioning the role of DA in the wake of the election. Should a small group of wealthy white donors have so much power to influence the Democratic Party? Exit polls showed that issues the DA favored, such as climate change and the role of money in politics, didn’t matter to many voters.

Charles Koch Supporting Clinton for President?

Libertarian billionaire Charles Koch has never been shy when  it comes to sharing his opinion on politics, and he’s done just that when it comes the presidential race and his disillusionment with what the Republican party has to offer for the most important job in the nation.

Charles Koch and his brother David have long been at targeted for scrutiny due to their frequent investments in political campaigns that seemingly align with their conservative leanings. Yet both brothers remain a constant source of fascination within the media when it comes to politicians running the country.

During an interview with ABC, Charles was asked on his opinion regarding the tenure of presidents George W. Bush and Bill Clinton, and which of the two he found to be more effective in bettering the country. While he did not agree with everything under the Clinton administration, Charles cited the expansion of the government and the increased spending as egregious under Bush and cited Clinton as the better of the two.

This of course sparked some curiosity, considering Charles’ continued displeasure with the Republican candidates for president, and was asked if Hillary Clinton was preferable to those candidates. To this, Charles stated that such a sentiment was possible.

This, however, did not translate to unwavering support for the former Secretary of State, whose policies are not exactly in line with his own. In order to receive his support for her bid for the presidency, Koch stated that a President Hillary Clinton would have to have actions that differ from the campaign rhetoric she’s delivered over the past year or so.

News of this quickly made the rounds on the media, and the Clinton campaign responded with a tweet that emphatically stated her disinterest in any support from the billionaire industrialist.

Will Hillary regret rejecting his support? It’s estimates that the Koch network has gathered about $400 million in funds to support down-ticket races as well as the presidential run. But so far their main concern has been Senate races, especially where Republicans stand a chance to remove Democrat seats.

As for his disagreements with Trump, Charles has said that the race lacks role models, which has made him disinterested in the Republican race for president. He doesn’t see himself supporting them come November.

Charles Koch is the co-owner, chief executive officer and chairman of the board of Koch Industries along with his brother David, the executive vice president. Both inherited 84% of the company from their late father Fred Koch. Under his tenure, the company has expanded its focus from oil refining to including trading of commodities, polymers, minerals and even fertilizers.

Charles has been ranked as the 9th richest man int he world with a net worth of $36 billion, and Koch Industries is listed as the second-largest privately held company in the United States.