Billionaire George Soros has joined Ready for Hillary, the super PAC working on the 2016 presidential bid Hillary Clinton hasn't actually committed to. The group announced on Thursday in a tweet that Soros will join as a co-chair. Soros, along with the other members of the PAC, will be expected to donate or raise up to $25,000 for the committee, which shouldn't be too hard for Soros: he's worth about $20 billion.
"George Soros is delighted to join more than one million Americans in supporting Ready for Hillary," Michael Vachon, Soros’s political director, said in a statement. "His support for Ready for Hillary is an extension of his long-held belief in the power of grassroots organizing." Soros is also known for being one of the few liberal billionaires, and he's spent tens of millions of dollars trying to influence presidential elections. For that reason, among conservatives, he's a big bad guy — subject to the kind of rage and conspiracy theories that the Koch brothers are on the left. Conservative commentators have gone so far as to accuse him starting coups in other countries, and planning one in America. "The shadow party he has built here greatly resembles those he created in other countries before instigating a coup," Glenn Beck claimed in 2010.
And now Soros is taking his coup money to Ready for Hillary — more good news for the PAC, which announced at the end of last month that it had raised $1.25 million in its first quarter. Among the PAC's donors are several of President Obama's biggest fundraisers, who helped fund $100 million in super PAC spending in 2012. And now Soros is in the mix. That's all pretty impressive for a PAC that might not be put to any use. Though a September CNN/ORC poll found that 65 percent of Democrats favor Clinton for the 2016 nomination, she still has to decide to run.
This article is from the archive of our partner The Wire.