George Soros $18 Billion Contribution Saga Creates Repercussions in the United States

To the philanthropic world, October this year was a major milestone with the news of $18 billion transfer from the hedge fund billionaire, George Soros, to his philanthropic wing, Open Society Foundations. While most people were elated with the great news that could overturn the struggling days of millions of people, there was a sect of people who were not happy with the developments. It was none other than the conservative groups in the country as they consider George Soros as the primary target due to political differences. Per The Atlantic, the contribution bonanza has made apprehensions in all the darkest forces who are generally termed as his antagonists.

However, the contribution made the Open Society Foundations be the second largest charity organizations in the country behind the Gates Foundation. Breitbart, a right-wing website, described the new feat by pointing out Open Society Foundations as a “death star.” Similarly, many other right-wing theorists and medias came with their known illusions to demonize the noble contribution made by Soros for helping to create a more cosmopolitan society which is not differentiated by barriers. It is not the first time the right groups targeting George Soros as he was always proclaimed liberal values and progressive politics.

A close analysis of these conspiracy theories reveals that they are served to conceal the partisan divisions in the conservative side along with the general apprehensions of the financial elites. It is forcing them to focus on ideological frustrations and target a set of magnificent individuals who are from the opposite stream of the politics. However, they fail to capture that when conservatives target generous billionaires like George Soros, liberals will try to expose greedy conservative billionaires like Robert Mercer, Koch brothers, and more. Convincingly, the liberal theories would be more credible and stand along with reality as a significant number of conservative elites are considered by the public as dark money and agenda groups.

George Soros has proved many times that he has the greater integrity to open society ideologies, where every citizen gets the freedom to choose what they wanted without any barriers. This is the reason Soros established Open Society Foundations in the early 90s. It voices for democracy across the world, supports marginalized sections, campaigns for transparency, encourages free speech, and more. Open Society Foundations has a more significant network in nearly 100 countries and shaping the societies across the globe with a vision of the barrier-less world.

He was born in Hungary’s capital Budapest in 1930 and survived the Nazi invasion in his childhood. Soros and his family moved to England after the Second World War, and he chose to enroll at London School of Economics. After completing his graduation, Soros decided to move to the United States. From 1956, he started stock trading at the Wall Street. In 1970, Soros founded a hedge fund firm, to tap his investment thoughts and market analysis, named Soros Fund Management. It created excellent financial success in the market and gave financial freedom for Soros to concentrate on philanthropic efforts in the later years.

 

The Legacy that Soros wants to Leave Behind in Politics and Social Justice

George Soros is 78 years old. He is among the top 6 wealthiest men on the planet. He has been in the news of late because of his philanthropic efforts, and the support that he has continuously offered the groups that fight for social justice and equality of all people. Soros has been supporting the George Soros Foundation for the past two decades, and during this time, he has managed to give close to $6 billion to different causes and charities. He is a firm believer in the fact that while the society may not be perfect at the moment, it is still possible to make changes which will make it a better place to live.

Soros was born in Hungary during a time when the Nazis occupied the country. Being a Jew, George and his family were segregated by the government to a point where he had to run away. He has been through the roughest of all experiences, something that shaped him to the advocate and human rights crusader that he is. Soros has always believed that there is nothing better than making sure that all the people who are weak and downtrodden in the society get a chance to have their stories had and their rights protected.

In 2014, his name hit the headlines again. It was about the Ferguson protests in Missouri. The demonstrations happened after a young black man died in what seemed to be a racially motivated profiling case. The people were outraged by the fact that the young man was killed for no reason and hadn’t been engaging in any violent activity. Soros participation was funding the leasing of the buses that took protesters from all parts of the country to Ferguson. The protests went on for some weeks and by the end of the process, the message that black lives matter had been well put across.

Soros believes that some of the proposals which have been made by Trump are aimed at dividing the country further. He does not support issues such as the building of the wall to separate the US and Mexico, the deportation of Muslim immigrants and arming people in a move to reduce gun violence. The fact that a mentally ill man can access machine guns that fire nine rounds per second and kill 59 people is evidence that gun control, and not arming people, is the way forward for the country. Soros states that he will not tire when it comes to fighting for the things which make a better society. He believes that as long as the community is willing to change for the better, they will always rise and put checks and balances on any regime that undermines human rights and to know more

 

George Soros: The Ultimate Venture Capitalist and Philanthropist

Source: Forbes

George Soros fled to England from Hungary in the year 1947. In England, he joined an economics school in London for studies and graduated as an economist in 1952. He later went to the United States of America and worked for three firms in New York investment companies in 1973. George then decided to start his venture and founded the great Soros Management Hedge Fund, which was later named as the Quantum fund. He has managed his fruitful and aggressive hedge fund for two decades.

Soros began his philanthropic efforts in 1979 by offering study scholarships to South Africans. He provided Xerox machines to copy banned texts in the year 1980 and also helped in undermining communism in the Eastern bloc as well as supporting cultural exchanges. His philanthropic foundations called Open Society Foundation have supported philanthropy in Africa, Asia, and the United States. Soros also created the University of Central Europe after the fall of the great Berlin wall to promote thinking.

In the 1980s, Soros gave up the day to day management of the hedge fund and by then he was one of the wealthiest people on earth and started his safe journey through his Open Source organization. In the recent years, Soros has indulged in major political activism campaigns all over the United States. He has widely lectured and written on the United Sates role in education, world affairs, and political freedom. Soros was offered an honorary degree from the University of Oxford.

His Open Source organization network partners and is now running projects in more than 100 nations in the entire world. George Soros is its founder and chairperson. His main idea is to realize a society that has a regime that is accountable to the people, where the rights of people are respected, and the truth about factors affecting the people is always available. This makes the philanthropic organization to be one of the biggest in the entire universe.

Soro’s Wake-up Call to Europe
European leaders are not aware of the present challenge they are facing from Russia. Soros attributes this mainly to one fact that the Eurozone and the European Union lost their way after the financial crisis in 2008.

A lot of popular resentment has arisen from the fiscal rules that prevail currently in Europe. The latest elections have seen 30% of anti-Europe parties capture the European parliamentary seats. Russia now presents an alternative that imposes a challenge to the principles and values on which the European Union was founded originally. It is based on the force that manifests itself in aggression abroad and repression at home. The US and Europe are determined to avoid any direct military confrontation with Russia for its reasons. It is easy to foresee what lies ahead.

Soros’ Democratic Fight In Voting Right Cases
The single liberal benefactor; the philanthropist George Soros is mostly paying for the democratic legal arguments against restrictive laws of voting enacted in the recent years by the Republican-controlled state governments.

Soros has agreed to put up $5 million dollars into the lawsuit effort. He is hoping to remove the restrictions on voters access that they say could otherwise result in a close voting.