George Soros has returned to political donations with over $25 million given to the Hillary Clinton campaign as well as other Democratic candidates. Soros, who made his fortune in currency trading, also planned to attend the 2016 Democratic Convention, the first one he’s ever attended. However, he had to back out due to financial events in Europe that needed his attention. Even so he has become much more politically active than he has been since trying to defeat President George W. Bush in 2004.
The stakes this election are extremely high, especially given the Republican Presidential candidate Donald Trump. Soros sees a grave threat to causes that George Soros has supported for decades such as religious tolerance, criminal justice reform, and immigration reform. In addition to his own donations, Soros also has influence with other rich activists and can galvanize them to give as well, multiplying his effect. In addition to giving money to Clinton and other Democratic candidates, George Soros has also donated to Democratic causes such as $2 million for American Bridge 21st Century and $5 million for Immigrant Voters Win. He has also spent $5 million to fight Republican efforts to restrict voting.
Between the 2004 and 2016 elections, George Soros mainly focused on his philanthropy on Biography. Over his lifetime he has donated over $13 billion for causes that defend human rights, expand healthcare and education throughout the world, and bring democracy to Eastern Europe. He has also spent time and money working with groups that are against income inequality, big money in politics, and climate change. George Soros feels his donations balances out the scales to a degree vs. the big Republican money donors.
Since the election, George Soros has worked with other liberal donors in order to resist Trump and the Republican-held Congress and Senate. He recently held a three-day, closed-door conference at the Mandarin Oriental Hotel in Washington D.C. Some of the people that were invited were Senators Nancy Pelosi and Elizabeth Warren. The plan is to institute a full-on resistance against President Trump from the first day he serves in office. The conference also discussed the upcoming 2017 and 2018 elections and how to have Democratic candidates gain Congressional Seats on discoverthenetworks.org. One person that attended commented that the party needs to focus on bringing out more voters which depends on providing them inspirational candidates that will drive them to the polls.
The conference also discussed how to protect Obamacare and the rest of Obama’s legacy which is at risk of being completely dismantled in the first 100 days of Trump’s Presidency on Politico. The conference featured panels to develop new ways of polling and how to reach white working-class voters. The panels also discussed the need to train Democratic officials and develop state policies that address Democratic concerns.
The group behind the conference is The Democracy Alliance, founded by Soros in 2004. This group is made up of financial heavyweights such as George Soros and Donald Sussman, major union leaders, and liberal foundations. Since being created it has given up to $500 million to politically left causes.
Read more: http://www.forbes.com/profile/george-soros/