The Deep Philanthropic Pockets of George Soros

George Soros’ upbringing in Hungary failed, and his family had to send him to New York to grow up. It was not their fault he had to leave as a political refugee. The Nazi Regime had literally made it illegal to be Jewish, and his father had been imprisoned for that unavoidable crime. His experience in Hungary, however, deeply entrenched a value and moral in the economic phenom, liberalism. George Soros is exactly what so many honest and phony politicians, all alike, like to brand themselves, a liberal mind. He is a liberal in conviction and persuasion. He has stronger political persuasions than most Democrats and Republicans holding political offices in Washington. However, George Soros has never pursued any political ambitions. His lack of interest in power accentuates his influence as the people appreciate him for having their interests truly at heart.

George Soros is globally famous for his deep pockets and wide business networks. He has an undisputed talent in wealth and opportunity creation. He also enjoys uttermost good faith from most of his business prospects who love him for the honest revenue he generates and his philanthropic spirit. He seems to have a deep understanding of the value of human dignity and is hence a very charitable gentleman. His compassion for the oppressed and the persecuted manifests in his liaison with lobby groups, charitable organizations, nonprofit and nongovernmental organizations, and international bodies to counter vices that demean human freedom or infringe on fundamental rights of humans. He seeks to emancipate the weak and the vulnerable through systematic funding of the right groups of people to concert efforts of remedy.

Know more: https://www.opensocietyfoundations.org/people/george-soros

As a currency trader, George Soros has accumulated so many riches that he could never lack money for his philanthropic persuasions. Over the last thirty years, as Politico reports, the economist has committed and yielded over 13 billion dollars to political and social causes. Such generosity is unparalleled by anyone in his career. The good thing, he can afford it. A brilliant mind that was keen enough to observe the social and economic trends of Europeans from America back in 1992 is incapable of running into tough financial times. According to the Washington Times, George Soros speculated a rise in the value of dollars and predicted the Black Wednesday of the United Kingdom. In one day, he moved to sell ten billion dollars and made a one billion dollar profit. Since then, the man has always been referred to as the man who broke the bank of the United Kingdom. Read his profile at Forbes.

Some of the lobby groups that Soros sponsors have been at the forefront of unseating dictators. He has funded the Independent Diplomat personally. The Independent Diplomat is largely responsible for the liberalization of Kosovo. He has also been an official sponsor for the Hillary Clinton presidential candidacy. Previously, he had dedicated more than the ten million dollars he spent on Clinton’s campaign to oppose George Bush’s bid for the presidency. He has been at the forefront of financing the Black Lives Matter Campaign and the Ferguson protests that were opposing police brutality and racial profiling. The protests had been a violent reaction to the extrajudicial killing of an 18-year-old unarmed black boy. George Soros turned the unlawful lawless, violent reactions to a powerful and organized response to the plight of the Black Community caused by reckless and unlawful policing. Read more on NYTimes.com

End Citizens United Gathers Its Own Fundraising Arsenal

Times News Magazine recently reported that the Russians bought social media ads under the cover of the Citizen’s United decision in order to sway public opinion across the United States. For End Citizen’s United, there couldn’t be a clearer signal of why the Supreme Court Decision needs to be overturned. According to a statement released by End Citizens United president Tiffany Muller, “loopholes the size of the Kremlin exist” and are swaying voters just as much as the big money provided by Wall Street Bankers.

 

The solution, for the End Citizens United political action committee, is very obvious. Congress needs to take action in order to authorize the FCC and FEC to block unlimited, anonymous spending in the elections. Foreign entities with the financial power to sway American elections are currently being allowed to do so, and that poses a clear risk to our democratic systems. Worse, since all the donations are anonymous, there is no easy way for the public to know who is spending the money, or what the money is buying.

 

Of the 100,000 donations to the End Citizens United political action committee in the first three months of 2017, 40,000 were first time donors. The average donation was 12 dollars, money given by citizens who, according to ECU reports, feel diminished and voiceless within the political process due to a few big money donors able to contribute millions. The End Citizens United PAC is on track to earn 35 million dollars by the 2018 mid-term elections, a 10 million dollar increase over 2016, which was their first major election season.

 

In the first quarter of 2017 the donations have raised 4 million dollars for their cause, which is dedicated to overturning the Citizen’s United Ruling. That Supreme Court decision opened the floodgates of union and corporate political donations by ruling that the money given was equal to speech under the law, and thus could not be suppressed politically. It also led to the creation of Super PACS, which can raise unlimited amounts of money for causes and candidates.

 

Unlike the Super PACs it protests against, End Citizens United is a regular political action committee, which means that it cannot accept donations larger than 5,000 dollars from a single individual. In addition to campaigning against Citizens United, it has supported many Democratic candidates in the elections, including the run-off this year by Democratic House candidate Jon Ossoff in Georgia and plans to continue that practice in the future.