Soros group bands with mega-donors to resist Trump and 'take back power' for Democrats
Before the hush-hush meeting of the Soros-founded Democracy Alliance they were told 'to resist the assaults that are coming'
Liberals must push forward with work, even as the group undergoes a reassessment, its president said
DA's elite members must donate at least $200,000 a year to an approved list of left-wing organizations; dues alone are $30,000
A panel on Trump's first 100 days his plans as a terrifying assault on
President Obama’s achievements — and our progressive vision'
A Tuesday morning session considered the possibility that the election was 'hacked' by the Russians
A Tuesday morning session considered the possibility that the election was 'hacked' by the Russians
Democratic moneyman George Soros and his wealthy friends spent the last three days huddled in Washington contemplating their missteps in the 2016 election.
Before the hush-hush meeting of the Soros-founded Democracy Alliance, mega donors to the Democratic Party who helped Hillary Clinton raise more than $1 billion for her White House bid were urged 'to resist the assaults that are coming' from Donald Trump and his allies and 'take back power' from Republicans.
'You don’t lose an election you were supposed to win, with so much at stake, without making some big mistakes, in assumptions, strategy and tactics,' Gara LaMarche, president of the Democracy Alliance, admitted in his opening statement.
Yet, LaMarche said the group must push forward with its work, according to Politico, even as it undergoes a reassessment.
'It is a process we should not rush, even as we gear up to resist the Trump administration.'
Soros and the late Peter Lewis formed Democracy Alliance in 2004 in the wake of John Kerry's disastrous electoral loss to George W. Bush. The group was determined to push Democrats to the left by putting pressure on them through outside groups.
DA's elite members must donate at least $200,000 a year to an approved list of left-wing organizations such as Media Matters and the Center for American Progress.
Dues alone are $30,000. They money pays for the salaries of DA's staff and retreats like the one in Washington this week.
Politico estimates that DA members have given more than $500 million to leftist causes since 2005.
Their two-election streak ended last week when Clinton, a liberal who was yanked to the left by her primary opponent, Bernie Sanders, lost the White House to Trump, a billionaire businessman who centered his campaign on job creation.
Liberals who gave under the banner of the the Democracy Alliance in the last the election donated to Clinton's SuperPAC, Priorities USA, as well.
The Washington Post reviewed Clinton's fundraising in October and found that a fifth of the money that went to her campaign, joint fundraising committee, the nominating convention host committee, her PACs and the Democratic Party came from 100 individuals or unions.
Five mega-donors and their wives were responsible for one in every $17 dollars that had been spent on Clinton's campaign to that point.
Among them: Soros, a hedge fund manager, who donated $9.9 million and Donald Sussman, another hedge fund manager who bet $20.6 million on Clinton.
Sussman is also a member of the Democracy Alliance.
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