Few financial experts have had such an amazing impact on the lives of the people of the world as George Soros, who has become one of the world’s leading philanthropists after creating his own network of charitable groups, the Open Society Foundations. Initially, Soros was focused on aiding those stranded in Cold War Eastern Bloc countries and Apartheid South Africa who faced a loss of their rights including the right to an education; the Open Society Foundations reports George Soros often focused his work on the development of educational opportunities for young African men living under the4 restrictive racial policies of Apartheid before extending his work across the globe. Much of the more than $13 billion in funding the man Forbes rates as the 21st richest person in the world has provided has gone to providing educational opportunities, such as the establishment of the University of Central Europe that is dedicated to advancing the cause of critical thinking across the former Soviet nations. Visit Project Syndicate to learn more about George.
As the work of the Open Society Foundations has advanced over the years, George Soros has looked to extend his work to areas of social justice within the U.S., Africa, and Asia. George Soros remains one of the world’s leading investment specialists and seeks to develop his own Soros Fund Management brand even as he remains an active figure within the philanthropic world. One of the claims often made about George Soros is his backing of the “#BlackLivesMatter” movement, in fact, George Soros has been funding many of the groups that are involved in the movement for a number of years as the need to create a fairer social justice system has become a major part of the work of the Open Society Foundations. The Washington Times reports Soros and the open Society Foundations have provided annual funding of around $33 million to a range of groups and civil rights organizations involved in both “#BlackLivesMatter” and the Ferguson protests.
Know more: https://www.nytimes.com/topic/person/george-soros
Turning a local shooting by a law enforcement officer into a major international news story involved the use of a George Soros-funded Website, “Colorlines”, that included bringing journalists, activists, and community organizers into the Ferguson, Missouri area from across the U.S. The fact George Soros-funded groups played a major role in the development of the Ferguson protests into a global news phenomenon says more about the diverse groups backed by the Open Society Foundations than it does about Soros jumping on the latest trend in civil rights. Instead, George Soros has continued to work in a way that allows him to provide funding for charitable groups backing the Holocaust survivors bid to bring about police reform and social justice changes for the people of the U.S. Read more about George’s life story at biography.com
George Soros has been a hot topic in Wisconsin lately. The liberal hedge fund manager turned philanthropist and democratic financier has been the star of television commercials running for the past week in the badger state. The Trusted Leadership super PAC supporting Ted Cruz have been funding the advertisements that claim George Soros has been financing the super PAC of Ohio Gov. John Kasich. Some television stations in Wisconsin on http://www.politifact.com/ohio/statements/2016/apr/04/trusted-leadership-pac/no-george-soros-not-bankrolling-john-kasichs-campa/ have stopped playing the ad because the claims made in it are false, according to PolitiFact Ohio. Here’s why these ads were important, false and silly:
The Ted Cruz super PAC associated John Kasich with George Soros because Soros is a world-famous financer of liberal causes. This election cycle he’s donated more than $7 million to Hillary Clinton’s super PAC and in years past he has donated money to super liberal causes such as MoveOn.org, which now supports Bernie Sanders for president. Tying Kasich to Soros could easily sink the campaign by making him appear liberal to conservative voters on Twitter.
Why It’s False
Political science professor Tom Sutton explains that the accusations are silly because super PAC donations are unlimited and out in the open. George Soros could simply infuse the Kasich campaign on http://latino.foxnews.com/latino/politics/2016/03/10/billionaire-smackdown-george-soros-funds-effort-to-stop-trump-mobilize-latinos/ with over $1 billion if he pleased, and there’s no need to hide it. But the ad falsely claims that he has made these donations through two former employees in an apparent attempt to hide the money trail.
Turns out that these former employees have been donating to conservative causes for years and have a long track record of it. These former employees disagree with her former employer George Soros on bloomberg politically even though the ad makes it sound like they’re all on the same side.
The advertisement also goes on to state that John Kasich has been complicit in receiving monies from George Soros. But again, according to political science professor Tom Sutton, John Kasich is prohibited by law from communicating with his super PAC thus unable to turn down any money donated to it from any source.
Why It’s Silly
Reports started popping up that George Soros had been funneling money to John Kasich just before the Ohio primary, which Kasich won. Ohio awards all delegates to the winner and this victory is helping to prevent Donald Trump from clinching the nomination before the Republican convention. Without clinching, it looks as if the convention will be contested and there is a rule that states that the nominee must have won 8 states during the primary season. If front runner Donald Trump is to be denied the nomination, the only other candidate available could be Ted Cruz and he has John Kasich to thank for that.