Billionaire George Soros Returns

The entrepreneur who donated $27 million to 2004 campaigns in a strategy to defeat President Bush has reemerged. Soros is said to have funded the Hillary Clinton and other Democrats campaign in 2016. His total contribution by June reached a total of $25 million according to the Politico. He was however expected to make more donations, but they have not yet been confirmed. He is said to have known Clinton for 25 years, and the two are said to be good friends. His relationship with Clinton was however questioned when he missed his first ever democratic convention. During the conference, Clinton announced her acceptance to be the Democratic presidential candidate. The people close to Soros noted that the businessman did not attend the conference as he had just returned and he needed to pay close attention to the economic situation in Europe. The Soros’ associates confirmed that Soros has been more concerned and actively participated in the 2016 campaigns more than in the past. The Politico explains that it occurred due to his interest in protecting the issues he has actively supported such as criminal justice and immigration reforms together with his support for religious tolerance. The Democrats have benefited from the funding of Soros and other wealthy individuals who enabled the smooth running of their campaigns. The following is an outline of the significant donations made by Soros during the 2016 campaigns:

  • $7 million to Priorities USA Action (PAC), The principal beneficiary of Soros’s political generosity this cycle
  • $5 million to non-profit organization dedicated to fighting bad habit of voting according to associates
  • $5 million to super PAC Immigrant voter’s win. An organization that was committed to increasing voter turnout among Hispanic voters
  • $2 million to American Bridge 21st Century
  • $1.5 million to Senate Majority PAC that supports Democratic Senate candidates
  • $1.5 million to Planned Parenthood PAC that boosts candidates who support abortion rights
  • $0.7 million to an assortment of Democratic party committees and PACs campaigns.

Read this story about George at politico.com

In other news given by Washington times, Soros in 2015 made financial donations to Ferguson protest movements. He has inspired the groups that started the demonstration and saw the explosion of the protests movements. The one-day criminal event that occurred in Missouri became twenty-four hours a day national campaign. The man who has built an empire across Europe has been known for his philanthropic works. It is said he contributed a total of 1.45 million in the Philly prosecutor race and the head of Open Society Foundations made headlines again when he contributed towards March’s steering committee. Between 2000 and 2014, Soros donated money to the natural resources defense council, the public citizen, people’s union, Union of Concerned Scientists, a center for community change, among others. Read his profile at Business Insider.

Know more: https://www.nytimes.com/topic/person/george-soros

End Citizens United and Its Campaign Financing Reform Strategy

A political action committee has made the headlines for its efforts to drive heavy weights out of politics, and to raise some money to promote democrats. The group gathered over $4 million in the first couple of months this year and is projected to raise up to $35 million before the 2018 elections for congress. According to a report by USA Today, this amount will be a 10 million increase from the $25 million the committee raised during the 2016 elections.

 

A Report on the Accumulated Funds

 

Approximately 100,000 people funded the PAC in the first few months of this year, with almost half of the donors contributing for their first time. The group’s leader, Tiffany Muller, said the committee’s goal was to elect campaign finance reformist to Congress. The estimations of Muller were that the PAC had received $12 million this year. She said that the committee’s donors share the belief that the U.S. political system is one where those who write big checks have the biggest privileges. The only way that these donors can fight back is by supporting an action committee such as the “End Citizens United” PAC. Muller reiterated how Democrats were saddened by Trump’s win and were determined to fight back against his policies and those he has nominated to power including his choice of Supreme Court judge, Neil Gorsuch.

 

The PAC’s Candidate

 

In the past few weeks, the PAC has convinced its donors to raise $500,000 to help with the campaign efforts of Jon Ossoff, a democrat in Georgia. Jon, who is 30 years old, has surprised many by raising over $4 million for the special election slated for April 18 and meant to fill a House seat in Atlanta that recently fell vacant.

 

Muller said that the committee was still considering the political races it was going to participate in come 2018. However, she indicated that the group was going to play a significant role in defending Senators Jon Tester (Montana), and Sherrod Brown (Ohio).

 

About End Citizens United

 

End Citizens United was established on March 1, 2015. The group derives its name following a 2010 ruling of a case, “Citizens United vs F.E.C.”.  The ruling held that companies were to be considered as people. As a result, wealthy individuals promoted their political candidates by using millions of dollars channeled through various corporations. End Citizens United came into being for the sole purpose of destroying this political mechanism by electing politicians who were opposed to this ruling and to champion its cause of ending dark money politics. End Citizens United aims at electing pro-reform candidates who will lobby for the reform of the constitution. It is determined to revolutionize the U.S. political system by supporting candidates from grass root members.