The Billions and Politics of George Soros

George Soros was the one main individual at the center of the Ferguson protest movement of 2015. This devoutly liberal billionaire has been its primary instigator, funder, and operator. During that year, he gave more than $33 million to the groups involved, giving which encouraged the activists to their drastic actions. It is true that something would probably have happened even if he had not given the enormous funding, but his doing so greatly exacerbated and lengthened the event. Read more on nytimes.com

Since the early 90s, George Soros has funded political activist organizations throughout the country through his Open Society Foundation. But Kenneth Zimmerman, director of the foundation, insists that although the organizations given the funds participated in the Ferguson protests, OSF in no way directed them to do so. In fact, Zimmerman says that it does cast blame on the American people at large by revealing that there is no accountability in the present political activism and a decided lack of democratic participation.

Although they played a part in it, not all of the liberal organizations Soros funded took a physically active part in the protests. Some were remote in nature, monitoring and manipulating the situation via computing devices. It was these organizations that did most of the instigating, spurring on people to activism via social media. These groups created excitement on Twitter with the BlackLivesMatter hashtag. All of these activists, together with the official activist groups funded by Devos, descended on Ferguson in August 2015.

Read more: http://www.cnbc.com/george-soros/

Soros’ very generous giving to liberal political causes continued the next year with a record political donation of $27 million for the Hillary Clinton presidential campaign. This giving is a matter of public record with the Federal Election Commission. Soros personal worth is estimated to be about $24.9 billion. Born in Budapest, Hungary in 1930, after World War II, he left his country to get an education in England. There he earned a B.A. and M.A. in philosophy from the London School of Economics. ┬áRead his profile at Forbes.

During those years he worked in different positions for a number of merchant banks. In 1969, he opened up his first hedge fund called Double Eagle. From the point, his power and riches continued to rise and never stopped. By far his biggest financial milestone came in 1992 when he successfully shorted the English pound and made a huge profit of $1 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *