Billionaire financier George Soros has stepped in to support a California proposition that would legalize marijuana for recreational use. He donated $1 million to the campaign Tuesday and wrote that the measure would be "a major step forward" in an opinion piece that ran in The Wall Street Journal the same day.

Soros, a longtime Democratic party supporter, is publicly backing Proposition 19 after the ballot initiative appears to have lost ground in some polls, the Sacramento Bee reported Tuesday. Some 44% of voters this month said they'd vote for the proposition in next week's election, down from 52% in September, while opposition rose to 49% this month from 41% last month, according to a poll the Public Policy Institute of California released last week.

"Our marijuana laws are clearly doing more harm than good," Soros wrote in his opinion article, titled "Why I Support Legal Marijuana." "Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually."

Forbes
earlier this year listed Soros as the 35th richest person in the world, with assets valued at about $14 billion.


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gerrywong

If this is something Mr. Soros actually said, he needs to become more educated about what he is proslytizing. Drugs of anykind have side effects some of which already impact our future generations. Many of our children suffer from neurological disorders because their parents use or used drugs. So is Mr. Soros saying that we legalize marijuana and other drugs and collect taxes on the sale of such so we can then provide even more special services in order to educate even more neurologically impaired children than we do already? This man is dangerous and whoever supports his irresponsible theology needs to go sit in the Family Courts and watch the cases that go through, or watch a newborn go through withdrawals or go with a social worker and the police to remove a child from their parent's meth lab or sit in a special ed class and watch children struggle to learn. Tragically, I fear that saw2973wv is probably correct regarding the conflict over the issue of legalizing marijuana and other drugs because drug users don't understand or care about anything but escaping from their own inadequacies.

November 11 2010 at 9:46 PM Report abuse rate up rate down Reply
saw2973wv

Yes, Legalize pot , Goverment policies of making criminals and felons out of people who smoke and grow pot for personal use is ludicrous.If you got caught growing pot where I live you would loose everything you have , be sent to jail and clasified as a felon .This has got to change .Buying pot from under ground sources is sending our Amercian dollars out of the country and yes as George Bush says, could support terrorism . Wake up goverment, smell the roses or home grown bud, because this will never stop.

October 28 2010 at 12:34 PM Report abuse rate up rate down Reply
frankie

FOLLOW THE MONEY, Soros would not be putting money out there if he didn't think he would be able to "capiltalize" on the outcome.

October 27 2010 at 11:07 AM Report abuse +1 rate up rate down Reply
dterraman

only thing I agree with globalist soros on......not gov man`s place to make weed illegal.....we have all ben duped

October 27 2010 at 5:29 AM Report abuse -1 rate up rate down Reply
1 reply to dterraman's comment
Bearmaul

Of course Soros backs this, pot makes you fat, lazy and stupid or in other words the only kind of people who support liberal progressive policies.

October 27 2010 at 3:26 AM Report abuse +2 rate up rate down Reply
polopstrch2

can we send soros back to where ever he came from

October 26 2010 at 11:32 PM Report abuse +1 rate up rate down Reply
Bill

This is one more case where liberal, extremist policies are supported by Democrats, supported by wealthy outsiders. Trust me...Republicans are no longer the party of the wealthy. Check the net worth of all major Democrats who run this country.

October 26 2010 at 10:33 PM Report abuse +4 rate up rate down Reply
Peg Mierenfeld

Whu would anyone care what he does. He is not a U.S. citizen and does not have our best interest at heart.

October 26 2010 at 9:55 PM Report abuse +6 rate up rate down Reply
TOM

LEGALIZE THE WEED...TAX THE WEED........CUT ALL OTHER TAXES.. MAKE MORE TAX MONEY............

October 26 2010 at 9:22 PM Report abuse -2 rate up rate down Reply
1 reply to TOM's comment
dterraman

who gave gov man the right to tax weed.....not gov man`s place to tax weed

October 27 2010 at 5:30 AM Report abuse rate up rate down Reply
mount carmine

George Soros would like to turn this country into a junkie rehab center who would turn to him forfunds to pay for it.

October 26 2010 at 9:03 PM Report abuse +4 rate up rate down Reply
1 reply to mount carmine's comment
rakbauer

Give me a break. It's legal all over Europe and they don't have any problems. Plus, there's no "pot rehab". It's not addictive the same way Alchohol and Cocaine is. (Yes, it can be mentally addicting (like anything that's fun), but so can playing video games)

October 26 2010 at 9:23 PM Report abuse +2 rate up rate down Reply