George Soros the Kind Investor

George Soros is a billionaire investor who fled his birth country Hungary and enrolled himself at the London School of Economics. While working odd jobs, he launched his career in finance at a merchant bank. In 1969, he began his own Hedge Fund now known as Quantum fund in New York with a capital of about $12 million. Currently, he is one of the richest Hedge Fund managers. He is also famous for breaking the Bank of England after he shortened the British pound making notable profits. Over the years, the Hungarian remains a serious investor with his net worth of $25.2 B and the founder of Soros Funds Management that aids in all his investments. Read more on CNBC about George Soros.

The 85yr old has keen interest in politics evident when he supported President Obama. He has always been vocal in expressing his views in active politics by being a great political giver. George Soros spent millions in 2004 for the downfall of George W. Bush due to his political policies and the Iraq war at that time and most recently on the Hillary Clinton campaign for the presidency in 2004 where the stakes were exceptionally high than ever before. He donated over $25 million not only for Hillary but other Democratic candidates and their causes. His biggest donation so far was the $7 million he gave to a PAC called Priorities USA Action that supported Hillary. Others include $2 million to America Bridge a research PAC, $5 million to a super PAC that devoted to increasing turnout among low voters and $5 million to a nonprofit that fights efforts to restrict voting.

Read more: http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

Soros, who appears 29th position on the worlds Billionaires list is also generous on international welfares. After the 2004 elections, he realized he was giving too money much for political benefits and said he would avoid such donation in future. That’s when he started giving to the nonprofit foundations his agenda being to defend human rights, good health care to people and good education for the less privileged. Having given so much for political gains, he said he is out to balance that and has over $13 billion donations for a good cause all over the world. Visit projectsyndicate.com to know more about George.

End Citizens United – Kicking Out Big Money from Politics Using Big Money

End Citizens United is a PAC on a mission to drive out big money from politics. It aims to do this by raising big money to support its ideal candidates, and it has been performing excellently so far.

 

End Citizens United has already collected more than $4 million during the first three months of 2017, making it a sort-of super political action committee. It is also optimistic about the future of its fundraising as it projects that it will have raised over $35 million before the 2018 mid-term Congressional elections. If the projections are accurate, then this will be a $10 million surge compared to the $25 million that the PAC raised for the 2016 presidential elections.

 

The PAC has been gaining a lot of popularity with the public, especially since the victory of President Donald J. Trump. The group’s Executive Director and President, Tiffany Muller, reports that the PAC has attracted about 40,000 first-time donors this year. In total, the PAC has received contributions from about 100,000 people across the U.S. In addition to President Donald J. Trump’s election, most of these donors are also motivated by the growing sentiment that the system is biased against them; they feel that the system’s greatest donors get the greatest say while the others go largely unrecognized.

 

End Citizens United is still examining the situation to determine which political races it will back come 2018. However, it already has several candidates (mostly Democrats) that it has thrown its weight behind. In particular, it is working towards getting Democrat Jon Ossoff into Congress.

 

Jon Ossoff, a first-time political candidate, is intent on replacing Tom Price who left the seat vacant after being appointed the Health and Human Rights Services Secretary. It is urging its contributors to donate at least $500,000 towards Jon Ossoff’s Congressional campaign, and there is great optimism that it will reach this goal considering the growing momentum of contributions. The PAC was also very vocal in the controversial nomination and subsequent appointment of Betsy DeVos as the Education Secretary. Citing her huge donations to the Republican Party, the PAC urged the beneficiaries to recuse themselves from voting on the matter; in the end, the vote was at a deadlock standing at 50-50, with the tie-breaker being from Vice President Mike Pence.

 

End Citizens United’s aggressive fundraising has been both impressive and alarming for campaign-finance watchdogs. Campaign-finance watchdogs prioritize grassroots activism over fundraising, and they are worried that the big-money fundraising may corrupt the PAC’s core purpose. However, End Citizens United was quick to defend itself. Adam Bozzi, the PAC’s spokesman, said that the PAC had already forged many ties to campaign-finance groups at the grassroots.

Tiffany Muller reported that this year’s average contribution stands at $12 per donor. However, the PAC has a donation cap of $5,000 per donor.