George Soros Contribution to Politics
George Soros is one man you can say is self-made. He is a Hungarian by birth but fled his home country and sponsored himself through the school of Economics. George Soros became a railway porter and later worked in the Finance Department Merchant Bank.He in collaboration with Stan Druckenmiller made remarkable profits after shorting the British pound almost bringing the Bank of England to its knees. He had also established Hedge Fund at Wall Street in New York which was later called Double Eagle and then rebranded as Quantum Fund.The 85-year-old man is a force to reckon with in the world of investment with his 30 billion dollars worth of assets. His seventh chief Investment officer is a lady by the name Dawn Fitzpatrick. An investor at Wall Street, she performs exceptionally well on Wall Street thus the CIO of Soros fund.He is a supporter of American Progressive and American Liberal. His foundation, Open Society Foundations had made donations totaling to $11 billion between the years 1979-2011. His philanthropic works have led to initiatives geared towards poverty reduction and increased accountability. He has disbanded billions into scholarships and funded the putting up of Central European University.
The European Nationalists boogeyman poured $25 million into campaigns in a bid to put Clinton into the presidential office. He was to attend for the first time the Democratic Convention to watch Clinton accept the Democratic presidential nomination. He failed to attend the function at the last-minute because he needed to monitor the Economy of Europe closely. He had spent a whopping $27 million to have President George W Bush out of office in 2004, and his backing of Clinton was an outright show that he wanted to be actively involved in the political processes. His faith in her fueled this new move in the political arena in support of Clinton.
It was also because he needed to safeguard matters about Immigration reforms, Criminal Justice reforms, and religious tolerance, matters that are very close to his heart. He also accused Clinton’s rival Donald Trump of being a fear monger.His support for a possible Clinton presidency came as a surprise. He had said he would never spend so much in politics since his support for John Kerry had not yielded much. He had termed it as an exception. George was a serious critic of President Bush’s re-election because of his policies on Iraq. He used the phrase “A matter of life and death” the need to have Bush out of office. He said he would concentrate on his international foundations that seek to have in place Human right reforms and better services in the Health and Education sectors after Bush’s win.