Soros: Not much difference between Obama and Romney

By Eric W. Dolan
Wednesday, January 25, 2012 22:24 EDT
google plus icon
George Soros screengrab
  • Print Friendly and PDF
  • Email this page

Billionaire investor and philanthropist George Soros told Reuters Global Editor-at-Large Chrystia Freeland that he still supported President Barack Obama, but predicted voters would not be very enthusiastic about the 2012 elections if former Massachusetts Gov. Mitt Romney was nominated by Republicans.

“Well, look, either you’ll have an extremist conservative, be it Gingrich or Santorum, in which case I think it will make a big difference which of the two comes in,” he said. “If it’s between Obama and Romney, there isn’t all that much difference except for the crowd that they bring with them.”

But he acknowledged that a major difference between Romney and Obama would be their potential Supreme Court nominations and their stance on taxation.

“That is the big difference, and that has led my hedge fund community to abandon Obama in favor of any Republican because they don’t like to be taxed,” Soros explained. “I personally believe that when it comes to policy, you shouldn’t be pursuing self-interest, but the public interest. And I think that the income differentials are too wide and ought to be narrowed.”

Soros has been demonized by some, most notably Lyndon LaRouche and Glenn Beck, for his liberal views and influence. He has donated millions to the Center for American Progress, MoveOn.org and the Drug Policy Alliance.

“Are you one of Lenin’s useful idiots in the view of your fellow hedge fund billionaires?” Freeland asked.

“Well, I suppose so,” he replied. “I am a traitor to my class.”

Watch the inteview, courtesy of Reuters, below:

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
By commenting, you agree to our terms of service
and to abide by our commenting policy.