The Cultural Influence of George Soros

When it comes to investing, the outcome remains simple. Investors will either achieve a high return on their investment or not. Although investing remains inextricably linked to investing, most people simply did not know how to invest. Therefore, most people lose money rather than gain a return on their investment. However, a few investors have managed to achieve miraculous results in their investments. Moreover, these investors have managed to create a triumph out of adversity. With that being said, George Soros remains the person in reference. Visit Project Syndicate to learn more about George.

Furthermore, George Soros remains one of the richest people in the world. For several decades, George Soros has dedicated his life to investing and changing the world for the better. Moreover, George Soros has achieved and an insurmountable amount of wealth. However, Soros success did not occur overnight. Moreover, George Soros hails from Budapest, Hungary. As a native of Hungary, George Soros experienced one of the lowest points in humankind’s history. With George Soros being of Jewish descent, he survived the Holocaust along with his family. Moreover, George Soros and his family managed to save the lives of several other Jewish families. During this time, Hungary remained engulfed in conflict. This remains attributed to Nazi Germany’s dominance over Europe. As one can imagine, the Holocaust remains responsible for the lives of millions of Jews.

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Upon leaving Hungary, George Soros made his way to London, England. While there, George Soros attended the London School of Economics. By 1951, Soros earned a bachelor’s degree in philosophy. In 1954, Soros earned a master’s degree in philosophy. Moreover, George Soros graduated from the London School of Economics. In addition, George Soros initiated his financial career as a clerk for Singer and Friedlander of London. In 1960, George Soros started his own hedge fund called the Double Eagle. Moreover, the hedge fund became so successful that George Soros opened an additional one in 1970. Also, both of George Soro’s hedge funds remained extremely successful. In fact, one of his hedge funds became the most successful hedge-fund in history to remain exact, it generated over $40 billion dollars. Visit this site to know more at opensocietyfoundations.org.

Throughout his career, Soros remained adept in investing. Moreover, he managed to avoid an economic crisis that affected the investment industry. To expound further, George Soros made a $1 billion fortune during the 1992 Black Wednesday UK currency crisis. Moreover, this George Soros remains able to adapt to any market. Also, George Soros remains one of the world’s most significant philanthropists. For years, he has donated billions of dollars to philanthropy. Between 1979 and 2011, he has donated over $11 billion dollars. Since his arrival to the United States, Soros has donated generously to members of the Democratic Party and their interests.

End Citizens United Seeks To Eradicate Dark Money In Politics

In 2010, the Supreme Court ruled in favor of Citizens United. To this end, unlimited spending has dominated the American political landscape. This decision gave rise to super PACs and sabotaged transparency and accountability in politics. End Citizens United is one of the political action committees that is fighting to restore order in America. End Citizens United was formed to advocate for accountability and reverse the Supreme Court’s decision. The 2016 elections saw End Citizens United raise over $25 million in their quest to elect finance reform candidates. They finance Democratic candidates who support finance reform. Once they are elected, they will be able to pass a constitutional amendment to reverse the court’s ruling. To this end, the group partnered with Ready for Hillary organization. The entity boosted their membership by close to four million people. They endorsed over 11 Democrats, including Senator Michael Bennet of Colorado and Wisconsin’s Russ Feingold. End Citizens United supported these candidates through various initiatives like direct mailers and polling television ads. This information was originally reported on MSNBC.

Constitutional amendments must be approved by two thirds of the Senate and the House. In addition, such undertaking should be supported by three fourths of the states. While End Citizens United strives to achieve their goal of campaign reforms, many people, including finance reform experts, have criticized their mission. John Wonderlich, Sunlight Foundation’s policy director, said that passing an amendment is an impossible mission. A finance regulation expert, Rick Hasen, who is a professor of law and political science at UC-Irvine School of Law, shared the same sentiments. He explained that the idea of End Citizens United to use huge amounts of money to pass a constitutional amendment is not practical. However, he recognized the PAC’s efforts of creating awareness on the effects of the Supreme Court’s decision and challenged all stakeholders to keep the situation in control. The group is still determined to introduce financial reforms in the country’s political arena. End Citizens United use the support of vast grassroots membership to demonstrate their political authority.

Ahead of the 2018 midterm election, the group has already raised over $4 million. The PAC seeks to raise $35 million. According to End Citizens United’s president and executive director, Tiffany Muller, the donation was received from 100,000 individuals, 40,000 of whom were first time donors. Notably, End Citizens United does not accept more than $5,000 from a single donor. They are still determined to elect more finance reformers to Congress. Muller said that Democrats were disappointed with Trump’s win and are ready to oppose him and his nominees. The $4 million has been raised towards the support of Democrat Jon Ossoff, a 30-year old candidate from Georgia. Ossoff is running for an elective post in suburban Atlanta. This position was left vacant following the appointment of Tom Price to serve as the Health and Human Services Secretary. The group has already endorsed Democratic Senators Jon Tester of Montana and Ohio’s Sherrod Brown. This information was originally published on USA Today.