The billionaire who is popular known for the $27 million he spent trying to defeat George Bush’s presidential bid in 2004, has recently reemerged as a top donor of Democratic politics. Soros donated over $25 million as a boost to Hilary Clinton and other candidates running on a Democratic Party ticket. Some of Soros’ associates expected him to donate more during the election campaigns. Following Clinton’s defeat in the presidential race, George Soros is reported to have described the U.S. president, Donald Trump, as a potential dictator.
Soros Argument on Endangered Democracy
Soros has openly described the U.S. presidency as a dictatorial system. His assertions are based on the fact that Trump’s cabinet features incompetent extremists and retired generals. Soros does not fear that the democracy of Americans is endangered, he is fearful for how Trump will deal with other countries.
According to Soros, since the US will be occupied with internal problems, the minorities will suffer most from her foreign policy. Trump will endear himself to dictators and this will promote dictatorship in different parts of the world. Instead of fighting for democratic principles, Trump will choose to broker deals that are in the best interest of the US.
Soros is mainly fearful about the EU and how Vladimir Putin, Russia’s president, poses a big threat to the union. Putin is a fierce critic of open society. From the get go, Putin has had the intention of controlling social media. He has used social media in the past to spread misinformation, fake news, and disorient and destabilize democracies. It was this strategy that Soros believes helped Trump win the presidency. Soros is fearful that these same methods will be used in elections in Netherlands, Italy, and Germany.
The Philanthropic Efforts of Soros
Soros began his philanthropic activities in 1979. Five years later, he formed and “Open Society Foundation”. Years later and Soros began dishing out huge amounts of money towards different causes. He established many foundations in Eastern Europe and Central Asia. He currently has foundation in more than 70 countries worldwide. Soros’ main philanthropic activities target the refugees. George Soros has in the past pledged $500 million to organizations supporting refugees and migrant particularly those that are located in Europe. He has also shown his love towards PACs that mobilize marginalized voters. For example, in 2016, he pledged $3 million to a Political Action Committee whose aim was to mobilize Hispanic voters. Visit projectsyndicate.com to know more about George.
Background of Soros
Born in Budapest in 1930, George Soros was the son of Tividar and Erzebat Schwartz. His father was lawyer. In 1944, the Nazi occupation of Hungary split Soros with his father who arranged to have them shipped out to England. While in England, Soros graduated from the “London School of Economics” and proceeded to be one of the most renowned and wealthiest investors in the world.
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