It’s just one more revelation featured in the blockbuster new book that continues to rock Washington, Throw Them All Out, authored by Breitbart News editor Peter Schweizer.
George Soros met with Mr. Obama’s top economist on February 25, 2009, and twice more with senior officials in the Old Executive Office Building on March 24th and 25th as the stimulus plan was being crafted. Later, Mr. Soros also participated in discussions on financial reform.
Then, in the first quarter of 2009, Mr. Soros went on a stock buying spree in companies that ultimately benefited from the federal stimulus.
- Soros doubled his holdings in medical manufacturer Hologic, a company that benefited from stimulus spending on medical systems
- Soros tripled his holdings in fiber channel and software maker Emulus, a company that wound up scoring a large amount of federal funds going to infrastructure spending
- Soros bought 210,000 shares in Cisco Systems, which came up big in the stimulus lottery
- Soros also bought Extreme Networks, which, months later, said it was expanding broadband to rural America “as part of President Obama’s broadband strategy”
- Soros bought 1.5 million shares in American Electric Power, a company Mr. Obama gave $1 billion to in June 2009
- Soros bought shares in utility company Ameren, which bagged a $540 million Department of Energy loan
- Soros bought 250,000 shares of Public Service Enterprise Group, 500,000 shares of NRG Energy, and almost a million shares of Entergy—all companies that came up winners in the Department of Energy taxpayer giveaway that produced the Solyndra debacle
- Soros bought into BioFuel Energy, a company that benefitted when the EPA announced a regulation on ethanol
- Soros bought Powerspan in April 2009. Just weeks later, the clean-energy company landed $100 million from the Department of Energy
- In the second quarter of 2009, Soros bought education technology giant Blackboard, which became a big recipient of education stimulus money
- Soros also bought Burlington Northern Santa Fe and CSX, both beneficiaries of Mr. Obama’s plans for revitalizing the railroads…
Read more from Wynton Hall at BigGovernment.com.