Soros Devotes Millions to Defeat Bush

Without sparing any rhetoric, billionaire financier George Soros (search) told an audience at the Carnegie Endowment for International Peace (search) on Monday that defeating President Bush has become the central mission of his life.

"I'm ready to put my money where my mouth is. 2004 is not an ordinary election. It's a referendum on the Bush doctrine. The future of the world hangs in the balance," Soros said.

Soros has already contributed $15 million to anti-Bush Democratic causes such as the Web site When (search), as part of a competition to find anti-Bush campaign ads, posted an entry comparing Bush to Hitler, Soros condemned it. But he said he would continue bankrolling the site.

Republicans have slammed Soros for funding this site, saying that he is on a mission of malice.

Soros is concerned that Bush deceived the American public in the run-up to the war with Iraq and opposes the Bush administration's foreign policy.

Click here to watch this fair and balanced report by Fox News' Major Garrett.