Billionaire investor George Soros is one of numerous liberals who have donated millions of dollars to the Democrat party. Over the past year, Soros has donated up to $25 million in order to help elect Democrat presidential candidate Hillary Clinton. Unfortunately for Soros and other liberals, Clinton lost to her opponent Donald Trump in a historic upset on Election Day. With this unfavorable result, Soros along with a number of other political liberals have looked to find ways to continue the progressive accomplishments of Barack Obama. They are also looking to fight numerous policies Trumps upcoming political agenda. By combating Donald Trump, George Soros and the liberals will hopefully be able to instill the values that they believe in.
Throughout all of 2016, George Soros donated millions of dollars in order to help Hillary Clinton win this year’s election. This was intended to provide Clinton with a considerable amount of resources which would hopefully secure her election. However, the plan did not work as Clinton was unable to convince the public that she was the right person to be elected as President of the United States. For Soros, his multi million dollar campaign contributions often resulted in allowing liberal Democrat politicians to be elected. Soros’ efforts did not result in his intended outcome with Clinton’s loss. Since Soros now needs to cope with the election loss, he is now looking to find other ways to help the liberal establishment in the next couple of years.
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After the election results were revealed, George Soros has looked to work with Democrat leaders and help them regain political power in the 2018 midterm elections and the presidential election of 2020. Recently, Soros has met with a number of unions, liberal Democrat leaders such as Nancy Pelosi and Elizabeth Warren and also numerous other groups organized by liberals. With a number of meetings with these individuals, George Soros can help these leaders get the resources necessary to ensure that they are able to provide political influence in Washington. It will also provide them with an opportunity to reassess their methods in attracting more voters.
Since the Democrats were unable to win the election, Soros and other leaders have concluded that a change in political strategy will be essential to getting a majority in the House and Senate in the coming years. One of the things that they must do is appeal to voters who elected Trump. While getting plenty of minority and female votes has been quite easy for them, working class voters have been the ones to elect their opponents. During this past election, a vast majority of working class voters decided to elect the Republican candidate Trump. As a result of this demographic determining the election, Democrats will now have to work towards getting this vote in order to seize political power.
For Democrats to get more working class voters, they will need to invest more money into the campaigns of their party members. The party has plenty of support in the coastal regions of the United States but very little in the interior regions such as the Midwest and the South. Therefore, George Soros and other liberal elites will devote more resources to help fund the political campaigns for a more influential Democrat presence. With this new strategy, Soros and other liberals hope to get enough votes to win future elections.
George Soros is a self-made billionaire whose business savvy and courage have earned him the 22nd richest person on earth position, according to Forbes. He amassed an enormous amount of profit during the 1992 financial crisis in the UK.
George Soros was born in Budapest, in the year 1930. He earned a degree in from the London School of Economics and began his career at an investment bank in London. He relocated to the US for an analyst and investment management position at the New York firms of F.M Mayer, Wertheim & Co., and Arnold & S.Bleichroeder between 1956 and 1973.
He took the independent route in 1973 to establish Soros Fund Management, currently known as the Quantum Fund. This profitable company has ground-breaking records of returns with an excess of 30% and twice with 100% residues.
George Soros began actively participating in Open Society Foundation contributions towards justice, education, public health, business development and independent media, in the late 1980’s.His donations amount to $7 billion. His notable involvements are his support to the Millennium Promise of Jeffery Sachos, with an aim to give education and medical care to poor communities in Africa.
In 2009, George co-partnered to found Institute for Economic Thinking with an injection of $50million.
George Soros gained an increased interest in politics in the recent years. He addresses issues on human rights, education, and political freedom internationally. He has documented these views in his 12 published books, with diverse topics such as “Reforming Global Capitalism” and “The Age of Fallibility: Consequences of the War on Terror”, among others.
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George committed billions against George Bush’s campaign in 2004. After elections, he regressed with the remarks that the donations were an exception. He contributed $3million and $20 million to the Center for American Progress on YouTube and America Coming Together respectively.
He is extremely involved in the ongoing US campaigns by donating $25 billion to support Hillary Clinton’s movement. He has funded a total of $7 million to the anti-life group, PAC Priorities USA as reported by the Federal Election Commission. That has been his biggest single contribution since the beginning of the campaigns.
The reports also indicate that George Soros donated $2million to American Bridge 21st Century, a group that enthusiastically supports Hillary Clinton.
A further $3million is aimed to support Immigration Voters Win to ensure an increased number of Hispanic voters in the coming elections.
During his study at the London school of Economics, George extensively studied the philosophy of science from the book “The Open Society and Its Enemies.” His open support for anti-life stems from the lesson he picked from that study, which is the belief that society grows when freedom of free will is a right to every individual.
George Soros‘ opinions and analysis of the financial global and international markets are very respected all over the world. On the contrary, many consider his political opinions to be rather behind time although at the same time, he is very respected when it comes to giving donations because of his deep pockets. He made news recently when he donated around $8 million for Hillary Clinton’s presidential campaign.
According to PAC’s latest financial statement, Forbes billionaire George Soros was the highest donor in its total $41 million haul before the end of 2015. In the last half of the year, PAC managed to raise not less than $25 million therefore, meaning that Soros’ contribution was more than quarter of its overall fundraising amount.
Among other notable donors included media mogul Haim Saban and combined with his wife, they managed to raise not less than $5 million. Philanthropist Laura Woods also gave not less than $2.3 million whereas investor Donald Sussman managed to give $2.5 million.
Soros is a longtime Democratic donor who was very influential in fundraising for John Kerry in the 2004 presidential run. In 2012, he donated $1 million to help in Obama’s reelection. However, he would later confide to Clinton’s close ally that he regretted not supporting Hillary back then and his recent move is seen by many as a pat on the back for failing to support her back then. He also said that he thinks Clinton is the best presidential choice for the largest majority of Americans because she is able to accommodate other people’s opinions.
Soros is a force to reckon with in the financial and stock market circles. Being the world’s richest hedge fund manager, he has no doubt been able to get the respect and admiration of many who follow market trends. He started his trading career in the 1950’s in New York. Before that, he had fled the war-torn Nazi Occupation zone of the World War II and through Hungary, managed to get to London where he got a college education.
He first came into the limelight when he managed to break the Bank of England in 1992 when he netted a one billion pound bet. As a result of that, he forced the bank to devalue its currency significantly. In 1979, he felt that he had become successful enough financially and started giving back to the society through philanthropy.
He is the founder of the Open Society Foundation organization that empowers communities through the world by enhancing better human rights, better open societies and openness. It is one of the best endowed in terms of annual budget expenditures among very many foundations in the world. He is also a respected author in financial matters and has published several books. He has also written essays and articles on the same that have been featured in major newspapers of the world.