The Democrats leading financial supporter George Soros has recently given more than $25 million dollars to Democratic candidates including Democrat presidential nominee Hillary Clinton and other political causes. George Soros previously had limited his political actions because of President George W. Bush’s second term win.
George Soros is estimated to have collected a fortune nearly $24.9 billion through currency trades and is expected to earn more as he continues to be successful. Politico reported that Soros was expected to be at the Democratic National Convention to witness friend Hillary Clinton accept the presidential nomination for her party, but had to cancel so he could keep an eye on the economic crisis in Europe. Many believe George Soros has become more politically engaged than ever before because of his strong support and faith in Hillary Clinton and his strong concern of Donald Trump.
George Soros believes the political stakes are higher than ever and cannot stand by any longer. George Soros has been praised by the party for going full-in for Hillary Clinton. George Soros is seen as the one who can revitalize other liberal activists. George Soros has worked to get other liberals to financially support the party including environmentalist Tom Steyer, who gave $31 million dollars in 2016, New York investor Don Sussman, who has given $13 million to different campaigns and committees and media executives Haim Saban and Fred Eychaner.
George Soros’ ability to mobilize the left’s rich donors has allowed Clinton and other groups to build a massive financial treasure chest, overpowering Republican committees backing Donald Trump. George Soros has funded many super PACs. Through the beginning of summer, George Soros donated $7 million dollars to a super PAC that backed Clinton called Priorities USA Action. According to Politico, Soros also gave $2 million to a PAC that has targeted Trump and other Republican candidates. George Soros has also promised $5 million to a PAC that fights to increase voter turnout among Hispanic voters in key states. Know more on businessinsider.com about George Soros.
George Soros has donated $2 million to a PAC called America Votes, which mobilizes voters. George Soros has also donated $1.5 million to a super PAC that backs Democratic Senate candidates. Prior to his 2016 giving, he had dialed back his giving, leaving many to wonder whether he would ever give politically again. In 2005, George Soros launched an exclusive club of liberal donors, which is known as Democracy Alliance. It worked to turn contributions away from short-term battles towards ones that sought to combat major issues such as income inequality and climate change. He has donated more than $13 billion in the last 30 years to groups that work to defend human rights and expand access to healthcare around the world and in the United States. George Soros established the Open Society Foundations.
The Billionaire for Social Justice
Social justice isn’t something we often associate with billionaires, but George Soros is an exception to this. He has used his fortune to help millions around the world uplift themselves and drive the world towards open societies. With a fortune exceeding $25 billion he is certainly up to the task and he knows what he’s going to need to do in order to make things happen. There are few people who have done anything on that scale.
Giving the American Left Spending Money
George Soros is known as the most prominent donor to the American Left. In the 2000s he made himself a major supporter of Bill Clinton and he continued to show significant support for the Left even into the 2000s. However, he stopped short of putting his full weight down in order to support Barack Obama. In fact, he has expressed disappointment in Barack Obama and believes that he hasn’t lived up to his expectations. This pessimism changed when he saw the campaign of Hillary Clinton and everything she was able to offer. He gave her so much support she had the well-funded campaign in American history. Unfortunately, this was not enough to win the presidency.
What He Wants To See More Of
George understands the victory of Donald Trump is going to setback the goals of the Left. However, he is not prepared to simply take that without putting up a fight. He wants to do everything he can in order to help the Left protect the legacy it has created over the last few years. He began meetings with top Democrats in November and he continues his efforts now.
Where He Stands Now
Currently, he wants liberals to prepare for the dark days ahead. There simply isn’t too much for liberals to do in the short term. This means that conservatives, who already have control over Congress and most state governments, will be able to enact their agenda unopposed. George Soros wants the Left to prepare for what this might look like and to act accordingly. There is a current need to fight back against the current status quo and he wants to lead that. Read more about George at The New York Times.
About George Soros
George Soros is a hedge fund manager and philanthropist known for his impact on left wing politics and his consistent success in speculative markets around the world. He has been in the finance industry since the 70s and he has succeeded in markets around the world. His influence is so great that many investors only listen to George Soros when they want to find good advice on how to spend their money.
Learn more on snopes.com about George.
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