George Soros:
A Lifetime Fortune Spent on Liberal Influence




Raegotte Report

Via The Daily Signal



This week, billionaire financier George Soros celebrates his 90th birthday. That’s a big number, but it’s dwarfed by another Soros number: 708 million.

That’s the cash his two principal foundations poured out just in 2018 (the latest year publicly known), and precious little went to any ballets, symphonies, or art museums.

Instead, it went into politicized groups like Planned Parenthood, to fight for abortion; the Brennan Center, to tear down voter ID laws; and to all-purpose left-of-center powerhouses like the ACLU and John Podesta’s Center for American Progress.

How big is $708 million a year in American politics? Well, the Democratic National Committee and the Republican National Committee combined took two years, 2017 and 2018, to raise $502 million. Or compare Soros’s $708 million to the giving done in 2018 by libertarian billionaire Charles Koch’s namesake foundation: $128 million.

In addition to Soros’s $708 million in “charitable” giving, there are the millions he gives to his top lobbying shop, the Open Society Policy Center, which as Influence Watch notes, was the second-largest source in the whole country for federal lobbying in 2019, bigger than high-spending lobbying groups like the National Association of Realtors, the Pharmaceutical Research and Manufacturers of America, and the American Hospital Association.

That’s right: giant multinational corporations can only look on in envy when they see the fortune the Soros empire gets to spend on D.C. lobbyists. In fact, Soros’ group roughly tripled the lobbying done by the likes of Amazon, Boeing, and Lockheed.

As his birthday reminds us, Soros himself won’t live forever. But even after he goes to his reward, the tens of billions of dollars he’s invested in his philanthropies, and his children’s own investments in politicized giving, mean that his massive influence on American politics will continue as far as the eye can see.

Capital Research Center, where I work, has studied Soros for years. He was born in Budapest and is best known as the man who made his first billion dollars “breaking the bank of England” in 1992. Most recently, we took a deep dive into Soros’ own words when my colleague Shane Devine reviewed at length his newest book, “In Defense of Open Society.”

As Devine observes, Soros has a multipronged plan to “heal” America of her supposed sins. His medicine includes “nonpartisan” redistricting, stacking federal courts with left-wing judges, and a “properly conducted” 2020 Census (read: “boosting Democratic turnout in elections”).

And the man is making good on his vision, thanks to his vast Open Society Network, a nexus of numerous foundations and advocacy groups. All told, between 2000 and 2018 Soros’ foundations spent nearly $8.9 billion, and this year he’s already announced he’ll push $220 million towards “racial justice.”

Soros has already effectively inserted himself into the criminal justice system by slowly transforming it—again through massive investment—via local district attorneys’ races.

A number of these district attorneys supported by Soros are also behind calls to defund the police and efforts to release rioters arrested as part of the George Floyd protests and riots in cities across the country.

Note: The Views of the Author are not necessarily the Views of Enigmose.com - This has been a truncated summary, you can read the Full Story by Scott Walter @ Daily Signal




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