From a New York Times report at the link below:
George Soros, the billionaire financier who was an energetic Democratic donor in the last several election cycles but is sitting this one out, not feeling optimistic about Democrat prospects.
The 80-year-old George Soros said he made an exception getting involved in 2004. That's when he bet heavily on John Kerry and lost.
Soros said since he didn’t succeed in 2004, he remained engaged in 2006 and 2008.
Mr. Soros, a champion of liberal causes, has been directing his money to groups that work on health care and the environment, rather than electoral politics.
Asked if the prospect of Republican control of one or both houses of Congress concerned him, he said: “It does, because I think they are pushing the wrong policies, but I’m not in a position to stop it. I don’t believe in standing in the way of an avalanche.”