Billionaire Can't Stop Republican 'Avalanche'

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One of the leading financial supporters of liberal causes has decided not to help out the Democrats this election year.

Why? He doesn't think they can win.

Instead, billionnaire George Soros is giving his money to groups that work on issues like health care and the environment.

Soros said he's worried about a Republican takeover of Congress.

"I think they are pushing the wrong policies, but I'm not in a position to stop it," he told the New York Times. "I don't believe in standing in the way of an avalanche."

"I made an exception getting involved in 2004," Soros told the newspaper. "And since I didn't succeed in 2004, I remained engaged in 2006 and 2008. But I'm basically not a party man. I'd just been forced into that situation by what I considered the excesses of the Bush administration."

Soros made his remarks as Republicans have targeted many more congressional seats, including districts the Democrats used to think were safe.

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