George Soros bet big on remaking U.S. into European-style socialist democracy: Now he fears he lost

George Soros bet big on remaking U.S. into European-style socialist democracy: Now he fears he lost
George Soros (Image: YouTube screen grab)

[Ed. – What’s perhaps most compelling about this story is the author’s refusal to accept his own premise: that Obama’s attempt to ‘fundamentally transform America,’ which is what Soros bet on, was an abject failure. The author is equally unwilling to accept the fact that Obama’s successor — the ‘world’s most-vilified New York billionaire’ (Soros, he acknowledges is the ‘second-most-vilified’ but is ‘worth many billions more than the other one’) — is succeeding.]

Soros was an early backer of Barack Obama’s 2008 presidential campaign. In Paris, Soros told me that Obama was “actually my greatest disappointment.” Prompted by an aide, he immediately qualified himself, saying that he hadn’t been disappointed by Obama’s presidency but felt let down on a professional level. While he had no desire for a formal role in the administration, he had hoped that Obama would seek his counsel, especially on financial and economic matters. Instead, he was frozen out.

After Obama was elected, “he closed the door on me,” Soros said. “He made one phone call thanking me for my support, which was meant to last for five minutes, and I engaged him, and he had to spend another three minutes with me, so I dragged it out to eight minutes.” He suggested that he had fallen victim to an Obama personality trait. “He was someone who was known from the time when he was competing for the editorship of The Harvard Law Review to take his supporters for granted and to woo his opponents,” Soros said.

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