George Soros Among Top Donors to Obama’s Inauguration

The Obamagasm that is going down in Washington, D.C. today will cost a whopping $170 million. While the media castigated Bush for spending $50 million in 2004, they are mum on Obama’s spending more than three times that during an economic crisis.

I personally agree with Boortz on this one. I don’t really care. It is paid for with donations, not taxpayer money. Oh, there is a taxpayer expense, but that comes in the form of security. And that would be expended anyway.

What is interesting is who the top donors are for this shin-dig. At the top of the list, socialist billionaire George Soros:

Top donors from the world of high finance included George Soros, Ronald Perelman and David Shaw, the center said.

Bankers and hedge fund managers will mingle with Hollywood stars and Silicon Valley high-technology titans at the swearing-in ceremony for the 44th president, the parade down Pennsylvania Avenue and the balls and parties that follow.

It’s interesting that while Obama plans to soak the rich by letting Bush’s tax cut expire, and talks of redistributing the wealth, Wall Street is topping the donors list.

Why is that? Influence, of course:

"While Americans are hoping for real change in Washington, many deep-pocketed donors are hoping money still buys them access and influence," said Sheila Krumholz, executive director of the nonpartisan money-in-politics watchdog group.

"If history is any guide, these wealthy individuals, as well as the corporations and industries they represent, may more than recoup their investment in Obama through presidential appointments, favorable legislation and government contracts," Krumholz said.

People with Wall Street ties — 118 of them — gave $3.6 million; lawyers gave $2.5 million; and donors from the TV, movie and music businesses gave $1.7 million, the center said.

Soros has been a part of the Obama campaign from before there was an Obama campaign. There is no doubt he has the ear of the President.

I wonder how much Soros gives to charities each year. I mean, aside from his own organizations like the Open Society Institute, which just furthers his socialist agenda. If he wants to spend his money, he can do it to actually help the little people Democrats are supposed to be helping.