With $50 million spent, Soros is 2020’s top donor
Sep 15, 2020 18:44:59 #
Records show that left-wing billionaire George Soros is the largest donor of the 2020 e******n, with $50 million spent through the end of June on Democratic candidates such as Joe Biden and progressive causes such as Planned Parenthood — most of it spent indirectly through PACs.
This e******n season, Soros has largely worked through his new Democracy PAC, created last year. The PAC’s spending last quarter alone was $17 million, bringing its total cash disbursements for this cycle to $48 million. Soros directly gave $4 million to Democratic campaigns and committees, making his combined direct and indirect donations $52 million. That’s more than double Soros’ previous record of $22 million during the 2016 e******n.
Democrats often speak out against the influence of big money in politics. Democratic nominee Joe Biden, for example, says on his website that he will “reduce the corrupting influence of money in politics.”
“We could improve our politics overnight if we flushed big money from the system and had public financing of our e******ns…. Democracy works best when a big bank account or a large donor list are not prerequisites for office,” the former vice president’s campaign site reads.
Yet Biden has had no issue accepting cash from billionaires such as Soros. The Hungarian-born investor personally donated $500,000 to his campaign, and wealthy donors in total have contributed $83 million to the Biden Victory Fund.
In addition, Soros has increased his lobbying spending. His D.C.-based lobbying arm, the Open Society Policy Center, totaled expenditures of $48 million in 2019, a personal record. This was more than was spent by the lobbying shops of large corporations such as Amazon, Facebook, Boeing, or Google.
Another cause supported by George Soros this cycle? Mail-in v****g. One of the top organizations behind the movement for mail-in v****g is the Brennan Center for Justice, based out of NYU School of Law. The center received considerable financing from Soros’ Open Society Foundations and has been the beneficiary of several Open Society grants, receiving over $7,466,000 from 2000 to 2019 alone.
SOURCE ---NEW AMERICAN MAG
This e******n season, Soros has largely worked through his new Democracy PAC, created last year. The PAC’s spending last quarter alone was $17 million, bringing its total cash disbursements for this cycle to $48 million. Soros directly gave $4 million to Democratic campaigns and committees, making his combined direct and indirect donations $52 million. That’s more than double Soros’ previous record of $22 million during the 2016 e******n.
Democrats often speak out against the influence of big money in politics. Democratic nominee Joe Biden, for example, says on his website that he will “reduce the corrupting influence of money in politics.”
“We could improve our politics overnight if we flushed big money from the system and had public financing of our e******ns…. Democracy works best when a big bank account or a large donor list are not prerequisites for office,” the former vice president’s campaign site reads.
Yet Biden has had no issue accepting cash from billionaires such as Soros. The Hungarian-born investor personally donated $500,000 to his campaign, and wealthy donors in total have contributed $83 million to the Biden Victory Fund.
In addition, Soros has increased his lobbying spending. His D.C.-based lobbying arm, the Open Society Policy Center, totaled expenditures of $48 million in 2019, a personal record. This was more than was spent by the lobbying shops of large corporations such as Amazon, Facebook, Boeing, or Google.
Another cause supported by George Soros this cycle? Mail-in v****g. One of the top organizations behind the movement for mail-in v****g is the Brennan Center for Justice, based out of NYU School of Law. The center received considerable financing from Soros’ Open Society Foundations and has been the beneficiary of several Open Society grants, receiving over $7,466,000 from 2000 to 2019 alone.
SOURCE ---NEW AMERICAN MAG
Sep 15, 2020 21:00:25 #
Trump has already “spent” most of his $1Billion war chest. He’s down to $200 Million.
If it was really spent. It may have just been re appropriated.
To Slovenia.
If it was really spent. It may have just been re appropriated.
To Slovenia.
Sep 15, 2020 22:21:47 #
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