Soros Slams Obama

Written by FrumForum News on Thursday November 18, 2010

The Huffington Post reports:

WASHINGTON -- At a private meeting on Tuesday afternoon, George Soros, a longtime supporter of progressive causes, voiced blunt criticism of the Obama administration, going so far as to suggest that Democratic donors direct their support somewhere other than the president.

The Hungarian-American financier was speaking to a small side gathering of donors who had convened in Washington D.C. for the annual gathering of the Democracy Alliance -- a formal community of well-funded, progressive-minded individuals and activists.

According to multiple sources with knowledge of his remarks, Soros told those in attendance that he is "used to fighting losing battles but doesn't like to lose without fighting."

"We have just lost this election, we need to draw a line," he said, according to several Democratic sources. "And if this president can't do what we need, it is time to start looking somewhere else."

Michael Vachon, an adviser to Soros, did not dispute the comment, though he stressed that there was no transcript of a private gathering to check. Vachon also clarified that the longtime progressive giver was not referring to a primary challenge to the president.

"Mr. Soros fully supports the president as the leader of the Democratic Party," said Vachon. "He was not suggesting that we seek another candidate for 2012. His comments were made in a private, informal conversation that was about the need for progressives to be more forceful in promoting their agenda. He was stressing the importance of being heard by elected officials."

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