George Soros rises again
Fight fire with fire...until we end Citizens United!
The billionaire, who had dialed back his giving, has committed more than $25 million to supporting Hillary Clinton and other Democratic candidates and causes.
Source: Politico, by Kenneth P. Vogel
Soros has donated or committed more than $25 million to boost Hillary Clinton and other Democratic candidates and causes, according to Federal Election Commission records and interviews with his associates and Democratic fundraising operatives. And some of his associates say they expect Soros, who amassed a fortune estimated at $24.9 billion through risky currency trades, to give even more as Election Day nears.
To be sure, other elite liberal donors are also stroking big checks, including San Francisco environmentalist Tom Steyer (who has donated $31 million in 2016, albeit almost entirely to a super PAC he controls), New York hedge funder Don Sussman ($13.2 million to various campaigns and committees) and media moguls Haim Saban and Fred Eychaner ($11.1 million each). But few have the bellwether effect of Soros.
The cumulative effect of the mobilization of the lefts richest benefactors has helped Clintons campaign and its allied outside groups mount a massive financial advantage over committees backing Trump, who is regarded with suspicion at best by the GOP donor class. Thats allowed Clinton and her allies to build a humming campaign machine that dwarfs Trumps.
Soros had dialed back after 2004.
Instead, he focused his philanthropic attention on his international foundations, which have donated more than $13 billion over the past three decades to non-profits that aim to defend human rights, shape the democratic process in Eastern Europe and expand access to healthcare and education in the U.S. and around the world.
Much more at:
http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267