LEFT-WING financier GEORGE SOROS has transferred $18 billion to the OPEN SOCIETY FOUNDATIONS, the network of non-profits Soros uses to advance his left-wing ideology both in the United States and around the world.
The massive transfer, which was first reported by the Wall Street Journal, is roughly equivalent to the gross domestic product (GDP) of Afghanistan, according to World Bank data. Grover Norquist, president of Americans for Tax Reform, suggested that the transfer is a way for the 87-year-old Soros to avoid the estate tax — also known as the death tax — which penalizes large inheritances.
Inside Philanthropy reported last year that Soros, who has said that he considers himself to be “some kind of god,” began laying the groundwork for the foundation to continue his mission after he dies. (RELATED: Leaked Emails Show Clinton Campaign Coordinating With Soros Organization)
Hacked OSF documents published last summer shed light on the way in which Soros has used his foundation to advance progressive, open-borders policies both domestically and abroad.
The foundation has channeled significant funding to Europe, for example, to defeat populist candidates who clash with Soros’ open borders worldview. Soros has also used OSF to secretly funnel money to foreign government officials, funneling the money through a German think tank in order to skirt foreign laws against doing so. The foundation has also successfully influenced global migration policies, according to one internal OSF memo, which said Europe’s refugee crisis last year provided “new opportunities” for the organization to exert its influence.
Soros, who is 87, transferred the funds as part of a plan to make sure his activism continues after he retires or passes away. $18 billion is roughly three times the amount of money spent by all parties, in all races, during the 2016 election cycle, according to Open Secrets. Though not all of the Open Society Foundations’ activities will be focused on the United States, Soros’ grant easily makes his organization the biggest player on the American political scene.
Though Soros’s foundation was originally aimed at fostering “open societies” as opposed to authoritarian systems, in recent years the foundation’s work has supported dogmatic, aggressive left-wing groups that disrupt liberal democracy and stifle opposing voices. Soros has funded the Black Lives Matter movement and is considering bankrolling the so-called “resistance” to President Donald Trump. He also backs Media Matters, a so-called “watchdog” group that spends most of its energy trying to eliminate conservatives from the media.
Soros recently named former ambassador and Democratic National Committee official Patrick Gaspard as president of the Open Society Foundations as of the end of 2017.
Joel B. Pollak is Senior Editor-at-Large at Breitbart News. He was named one of the “most influential” people in news media in 2016. He is the co-author of How Trump Won: The Inside Story of a Revolution, is available from Regnery. Follow him on Twitter at @joelpollak.
BLOG.JETSETTINGMAGAZINE.COM FOR MORE NEWS NOW!
Home of wolfnetnetnews