The CEO of Overstock.com stated that billionaire George Soros just purchased $100 million dollars in stocks from their company. Soros’s huge purchase of in this company was astounding. Soros who is an investor by trade. This is how he made his $30 billion-dollar fortune. More information about Soros’s purchase is available on Coindesk website.
Investing has made Soros one of the top 100 richest people in the world. Soros even gave away $18 billion dollars of his wealth to his Open Society Foundations. However, he is still rich beyond imagination. The fact is when a person has that much money, it is almost impossible for them to lose it all and go broke.
Soros knows money. That is how he made enough money to fund his political ideology. He is a firm believer in open societies. An open society is a culture where people can worship, vote and work without restriction or fear of retaliation. It is also a place where people can live their life without tyranny and problems from the government.
Soros knows that many modern nations have open societies. However, he realizes that even these nations could easily swing too far to the left and restrict live, liberty and rights. This is one of the reasons why Soros supports so many liberal organizations and groups through his Open Society Foundations non-profit network organization. This unit ensures that no society is too far out of balanced.
Do not think that Soros wants a completely liberal society where anything and everything goes. He even realizes that capitalism is not a perfect economic model though it does work. Soros wants to ensure that no government will have so much control in lives of people that they will keep them from living their lives to the fullest.
Soros’s early years in the realm of business has shown him how money and politics are intertwined. It is almost impossible for any politician or political causes to be successful without cash. This is why many grassroots organizations do not go far. If they do not have money to advertise and mobilize their cause; chances are it will never get off the ground.
The same thing is true for politicians. They need money to win electoral races. Without cash they can’t reach the public and they can’t travel around to campaign. Unless a candidate is very rich they will need outside support to win an election. Many liberal groups enjoy working with OSF because they realize that it is an important organization that will help keep them going into the future.
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There has been a renewed push by the right wing of America’s political system to demonize anyone who engages in philanthropy to an extreme degree. Ostensibly, this demonization only occurs when progressives put their money where their ideals are and this has become particularly true in reference to billionaire investor, George Soros. George Soros has been one of the biggest members of resistance group that has risen up in response to the election of Donald Trump. This position as put Soros in the crosshairs of the mega-conservative media giants fueled by the Koch Brothers and Rupert Murdoch. Soros recently made headlines for his donation of nearly $18 billion to his philanthropy, the Open Society Foundations.
George Soros has been unrepentant in terms of his progressive views and he has been a subtle irritant to members of the right for at least the past thirty years. Soros came over to America from England, having emigrated across Europe when the Nazi’s occupied his home country of Hungary. Soros is the American Dream personified as he arrived in New York by boat before starting his own company and becoming a billionaire. Soros has spent the majority of his time and fortune as an activist and advocate for progressive ideals which include the focus on social justice, freedom of expression, transparent government, and limited aggression and involvement in otherwise peaceful nations. Soros first landed on the conservative radar after becoming a vocal antagonist to George W. Bush’s march to war in Iraq and he has since solidified himself as the ultimate conservative boogeyman.
George Soros opened up the Open Society Foundations back in the ’70s with the sole goal of spreading progressive values around the world through humanist philanthropic efforts. Soros and his team at the OSF helped to support Africans struggling through Apartheid. His team also was active in the march for marriage equality in America and they even mobilized emergency response teams in the recent Ebola epidemic. Needless to say, the Open Society Foundation has made a name for itself as one of the most prominent and helpful charities to ever exist. Still, that hasn’t spared Soros from the collective ire of conservatives around the country.
When conservatives control the largest media publications in the country, they can create enemies out of thin air. George Soros has become the easiest target and he has been blamed for a wide range of conspiracy theories that would even make Darth Vader blush. Despite the persecution that he has endured from the violent rhetoric of those on the right, Soros continues to push for his core ideals.
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