As President Obama’s Deficit Commission debated Wednesday a dramatic plan to gradually turn Medicare from a system in which the government pays most beneficiaries’ medical bills into a program in which seniors would purchase health insurance / government-issued vouchers, word quetly spread about a private meeting on Tuesday afternoon, wherein 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.” More.
