George Soros, the American business mogul, political activist and philanthropist, made a resounding comeback to active political activism by donating a whooping $25 million to support Hillary Clinton’s bid to become the country’s first female president. Some of the funds were donated directly to Clinton’s campaign kitty to support her campaign activities during the November 2016 presidential elections. However, the biggest portion of the funds were donated to various super Political Action Committees (PACs), which supported Clinton campaign against the Republican Party candidate, Donald J. Trump.
George Soros’ reemergence comes several years after he donated a staggering $27 million during the 2004 presidential elections, during which he supported the Democratic Party’s bid to recapture the presidency from President George Bush. In his new campaign donation, Mr. Soros also directed millions of dollars to various grassroots PACs including End Citizens United, which received the maximum $5,000 the organization permits. He also donated $1.5 million to Senate Majority PAC, which is an organization supporting the election of Democratic Party’s senate candidates. George Soros also donated millions of dollars to support organizations championing for human rights. He has financially supported causes dedicated to grassroots voter mobilization for various groups including minorities. Many viewed his reemergence as the much-needed boost to spur donations from other wealthy conservatives and liberals to support Clinton’s campaigns. Follow George Soros on twitter.com.
Funding Democratic Causes: Silently Revolutionizing American Society
George Soros’ engagement in public discourse extends beyond the political arena. He is also actively involved in social and philanthropic causes aimed at improving quality of life while also opening up the democratic space in the United States especially for the minorities. In 2015, he was at the center of the Ferguson protests, which saw thousands of people drawn from several cities converge in Ferguson to protest policy brutality. Through Open Society Foundations, a nonprofit he founded, George Soros donated millions of dollars to help with the organization of the grassroots movements that rose from the tragic shooting of Trayvon Martin by a police officer. The funds were donated to several grassroots organizations and were used for various purposes including logistics.
Over the years, George Soros has silently led a silent revolution within the U.S justice system by sponsoring the candidature of pro-reform candidates for various elective positions within the justice system including district attorneys and sheriffs. He has primarily channeled his donations through super PACs that primarily support minority candidates for these positions. The funds have primarily been used to put buy campaign ads spaces in local media platforms. The ads not only support the candidature of the minority candidates; they also targeted their opponents who George Soros are proponents of the status quo. He has also donated $500 million towards actualization of his passion of creating business opportunities for the needy including immigrants and their host communities. Know more on CNBC about George Soros.