George Soros Becomes A Global Leader In Finance, Philanthropy, And Political Giving

The work of George Soros has made him famous in many different areas of the world for different reasons as he has fought to bring democracy and human rights all the people of the world. Soros founded the Open Society Foundations in his bid to develop a new way of developing a fair and open global society in a manner similar to that of his former mentor and philosopher Karl Popper; the Open Society Foundations takes up a large amount of the time of the man who started his hedge fund career with $12 million and turned it into more than $30 billion in managed assets for the Soros Fund Management company. Born in Hungary in 1930, George Soros began his financial career by studying at the London School of Economics where he had arrived as a 17 year old refugee and worked as a waiter and railway porter to pay for his studies. Read more at Washington Times.

The understanding of how everyday people live has always set George Soros apart from his peers in the financial industry, and has informed his decision to look to the European Union as a sign of his successful the people of the world can become as they set out on their journey to become a much more closely aligned global community. Politico explains George Soros has recently missed out on attending his first ever Democratic National Convention at the age of 86 when he decided the political and economic situation in Europe became so difficult the founder of Soros Fund Management made the decision to remain in his office to monitor the political situation of the European Union; Soros was scheduled to attend the convention to watch his choice for U.S. President in 2016, Hillary Clinton receive the nomination for from her party.

Read more: https://www.project-syndicate.org/columnist/george-soros

Forbes states George Soros has an estimated fortune of over $25 billion and has developed even closer links to the Democracy Alliance group of liberal donors he helped develop in 2005 when his $27 million in funding for the campaign of Democrat John Kerry in his attempt to defeat President George W. Bush’s reelection campaign in 2004 came up short. Soros has often been a major supporter of the Democracy Alliance and their work, yet rarely attends scheduled events on a regular basis as he has vowed to look for new and innovative ways of backing Democrat’s against the rise of President Donald J. Trump. The 2004 election campaign was developed by Soros to show his opposition to the Iraq War and the global policies of President Bush; many commentators have stated their belief that the position taken up by Soros in 2016 is similar to that of 2004 for George Soros, and continues to be as the hedge fund legend has become a major opponent of President Donald Trump and the policies he is creating at the leader of the U.S. Learn more about his profile at Forbes.com.

George Soros – One Of The Most Noted Businessmen And Philanthropists Of Our Times

George Soros is one of the most prominent political figures in the world today and has influenced not only the politics of the United States but has played a vital role in toppling the government in other countries as well. He invested more than $24 million in the recent 2016 United States Presidential Election to ensure that Hillary Clinton wins the election against Donald Trump, who George Soros sincerely dislikes. George Soros feel that Donald Trump would dig the grave deeper for the American citizens who are already under tremendous stress from the previous government’s policies.

George Soros is one of the richest persons on the planet with the net worth of over $25 billion. He started off as an entrepreneur after doing his studies in business from the London School of Economics and flying off to the United States. When George Soros went to the United States, Soros started working in one of the finance companies in Manhattan. Read more on NYTimes.com

After working for several years in the banking sector, he started his hedge fund with $12 million, which was later renamed as Quantum Fund. Today, George Soros, at 86 years old, is one of the most successful hedge funders in the world with his company, Soros Fund Management, ranked among the top in the world of a hedge fund. His company has provided net returns of well above forty percent for many years to its investors and had over $30 billion in assets under management.

George Soros has vast influence in the politics of the United States and has supported Democratic causes for many years. He stopped major political funding after he lost over $20 million in defeating George Bush to win the election, but this presidential election he re-emerged as one of the top political contributors. Even though he was upset when Hillary Clinton lost to Donald Trump, he vowed along with the other top Democratic contributors to fight against Donald Trump crushing their efforts of so many years.

George Soros has survived both the World Wars and seen it carefully from his eyes. He survived the Nazi holocaust that took place in Budapest when he was in the city himself. Thanks to his family’s connection, he and his family were able to escape the Holocaust. It is these experiences that allow George Soros to have a major political foresight. Learn more on snopes.com about George.

George Soros believe that the country is in need of major reforms, especially in the field of justice, education and immigration department. He feels that there is extreme apathy towards the minorities and blacks are subjected to racial disparity and bias. Recently, he even pledged to give $100 million to support the businesses started by refugee and immigrants to help them lead the life they dreamt of in the United States.

Betsy DeVos: Succeeding in A Male Dominated Environment

 

In the last couple of months, Betsy DeVos has garnered a lot of attention from the public. She was nominated and confirmed as the 11th Secretary of Education of the United States. The reason she has been in the limelight is due to the many different changes that she is impacting in the Education system.

In less than two months, Betsy has managed to make changes that would have taken others years to achieve. The first significant change was in the transgender student rights. While it was not her initiative, she was mandated to sign the order issued by President Donald Trump for the draft to proceed. The draft bill was designed to reverse the transgender law of 2016. According to the law, the students of the LGBT Group were allowed to use any bathroom of their choice.

The other major change that she actively participated in was on the school loans. Together with the President, Betsy has changed the rule that prohibits the lenders from charging a hefty penalty to the defaulters. They want to have the rate increased so as to motivate the people to pay back their school loans. By charging high penalties, the lenders will have more money to lend out to needy students. On the downside, this may discourage students from pursuing their education. The law is still young and yet to be implemented so we can all hope in anticipation that it a decision in the right direction. Follow Betsy on twitter.com

Philanthropy

Betsy is also known for her philanthropy work. In a report that was published on their website, Betsy and her husband Dick DeVos have contributed $139 million. Most of their contributions have gone towards supporting the education department in the United States.

The couple also established a Foundation that they have used to support different organization. Through the Dick and Betsy DeVos Foundation, the couple has donated millions to Evangelical missions, Hospitals, health research, and art organizations.

They have also established a scholarship that seeks to support the students pursuing their Bachelor of Business Administration or M.B.A from the Northwood University.

Read her interview with Philantrophy Table.

Political Involvement

Betsy DeVos has been involved in politics since 1982. She is an active member of the Michigan Republican Party and has served in different capacities. Since 1986, Betsy has been elected as a delegate of the party for 16 consecutive terms. She also served as the Republican Committeewoman for Michigan from 1992 to 1997. Betsy was also appointed as the chairwoman of the Michigan Republican Party and served from 1996 to 2000. She later resigned in 2000 and was reelected in 2003.

Betsy holds a Bachelor Degree in Arts from the Calvin College in Michigan.

Read more: http://nypost.com/2017/01/30/why-we-need-an-outsider-like-betsy-devos-as-education-secretary/

End Citizen United Front a Bold Move to Lawfully Repeal Dark Money Spending in National Elections

A new political action committee, End Citizens United, gathered over $2 million from small donors with an aim to raise $30 million for the entire U.S. 2016 Democratic Party candidates’ campaign cycle, according to communications director Richard Carbo.

 

The group’s goal is to have a constitutional amendment to repeal the Supreme Court’s decision, which gave rise to huge PACs in 2010 and opened up an opportunity for dark money into American politics. End Citizens United has seen more than 325,000 people sign their petition demanding the Senate to pass the controversial law. They hope to increase the numbers as the group partnered with “Ready for Hillary” and utilized their email list totaling four million people – a significant boost for its liberal supporters.

 

End Citizens United also endorsed 11 Democratic candidates, including Colorado Sen. Michael Bennet, and former Wisconsin Sen. Russ Feingold. Carbo said his group is unlike others because they want to work with individuals committed to addressing the constitution amendment bill by getting the right people elected who could change the existing laws. The group also plans to create a mechanical spending arm to financially back the selected candidates through polling, television ads, and direct emails.

 

A constitutional amendment must gain consent from two-thirds of the Senate and the House, and be approved by three-quarters of national states. Rick Hasen, a law professor, political scientists, and campaign finance expert at Irvine School of Law, UC, said that the easiest way of having the law changed, was getting a new Supreme Court judge who could swing the court’s balance.

 

Hasen further argued that End Citizens United serve a purpose in public awareness of the Supreme Court’s stand and keeps political pressure on the Supreme Court and political players not to worsen things. Carbo argued that $25-$30 million is a serious ad buy that could, in fact, impact a competitive congressional race.

 

About End Citizen United

 

End Citizen United was established in March 1st, 2015, as a Political Action Committee financed by grassroots supporters. They are devoted to opposing the catastrophic effects of Citizens United and restructuring the campaign finance structure.

 

They aim to prove to elected candidates, voters, and the press that the grassroots will vehemently fight the rising shamelessness of wealthy folks trying to buy elections. They hope that building a broad coalition towards campaign finance reforms will put pressure on lawmakers to act accordingly.

 

The group has since received 136,000 donations from grassroots support with an average $15 donation. They are based in Washington D.C and have five staff members: Senior adviser Valerie Martin, a former Sen. McCaskill 2006 campaigner, and Reed Adamson, who managed a 2012 victory for Illinois Rep. Brad Schneider.