Largest Democratic donor won't donate to Obama

Haim Saban, who is believed to be the largest donor to the Democratic party, will not donate money to President Obama's re-election campaign, because of the President's stand on Israel (Hat Tip: Memeorandum). Billionaire financier Haim Saban told CNBC last night that Obama hasn’t done enough to show support for Israel. He also said that he has no plans to contribute to the president’s campaign.“