George Soros, the Hungarian born billionaire, who has dual citizenship as an United States citizen, is back in taking an active role in American politics by donating more than $25 million to Democratic candidates and progressive leaning movements. This is after a long hiatus of not taking an active role in American politics after his not successful 2004 campaign to unseat President George W. Bush. At that time, he had given $27 million in hope that Senator John Kerry could defeat Bush, whose rhetoric reminded him of Nazi Germany.
George Soros, who is worth an estimated $25 billion, is in the top 25 of the world’s richest people. During this campaign season, some of his most notable donations have been to:
$8 million to Hillary Clinton’s Presidential campaign.
$7 million to super PAC – Priorities USA Action. This PAC‘s goal is to get Clinton elected.
$5 million to super PAC –Immigrant Voters Win. Their goal is to turn the election by focusing on the Hispanic Vote in key states.
$2 million to super PAC – American Bridge 21st Century. A PAC that goes after RepublicanPresidential nominee Donald Trump.
$700,00 to various Democratic Party entities.
An article in late 2015, Soros wrote that Donald Trump is what the Jihadi terrorist groups want in our next President. George Soros wrote that the Islamic State and Al Qaeda want Americans to be scared. He stated Trump, along with politicians like Ted Cruz, by preaching and creating fear and anti-Muslim feelings, that ordinary Muslims see no alternatives but to become involved with the terrorists. Soros believes that the only way to effectively fight and win against these groups is not to elect politicians who preach this fear and hatred.
Soros believes the stakes are high this year and if the conservatives get in office issues on topics.wsj.com he has worked for in the past are in danger of getting set back. Issues like immigration reform, criminal justice and religious tolerance could see their recent accomplishments erased and set back if Trump is elected.
Soros involvement this year has led other liberal donors to give.
$31 million by Tom Steyer, San Francisco Environmentalist
$13 million by Don Sussman New York Hedge Funder
$11 million by Haim Sagan Media
$11 million by Fred Eychaner Media
The money given by the rich liberals have given Clinton and other Democratic candidates a huge advantage financially. Soros and these other rich donors hope to see the fruit of their donations come to sprout on November 8.