George Soros uses ‘Democracy’ PACs to conceal his dark-money donations and undermine democracy.
The Influence of George Soros: Unveiling the Billionaire’s Political Web
The following is an adapted excerpt from Controligarchs: Exposing the Billionaire Class, their Secret Deals, and the Globalist Plot to Dominate Your Life (Sentinel, Nov. 14).
In the United States, global financial speculator George Soros has been the single-biggest financier of overtly political causes for decades. In 2022, he poured $178.8 million into federal campaigns, making him by far the biggest campaign contributor in that cycle. Then there are his hidden and comingled political contributions — a vast web of dark money — that are intentionally designed to influence elections and avoid public scrutiny.
The Power of Dark Money
According to OpenSecrets.org, a research organization that tracks money in politics (coincidentally funded by Soros’ Open Society Foundations), Soros Fund Management was by far the largest single political contributor going into the 2022 midterm elections. The fund ranked first out of 31,955 contributor organizations with a known war chest of approximately $180 million. Not a single dollar went to a Republican candidate.
The political research group noted that organizations like Soros Fund Management cannot legally contribute directly to candidates or party committees. Instead, the fund funneled cash to political affiliates, the largest being an entity innocuously titled Democracy PAC II. The super PAC’s Federal Election Commission filing lists Michael Vachon as its treasurer. Vachon has served on boards of left-wing organizations tied to Soros’ Open Society Foundations, such as NYC Partners, Democracy Alliance, and Catalist. George Soros’ son, Alexander, runs the super PAC.
The Extensive Network
To be sure, Republican billionaires use the same methods of concealing how their dark money flows, but Soros’ dizzying political financing network is unparalleled. Other Democracy PAC II affiliates include ColorofChange.org, DNC Services Corp., Justice & Public Safety, Democratic Senatorial Campaign Committee, Democracy PAC, and Forward Majority Action, to name just a few (each with multimillion-dollar budgets).
Notably, the first iteration of Democracy PAC funneled more than $80 million to Democratic groups and candidates in the 2020 election cycle. In a statement to Politico, Soros said the massive spend was necessary for “strengthening the infrastructure of American democracy: voting rights and civic participation, civil rights and liberties, and the rule of law.” Incidentally, the Soros-linked America Coming Together political action committee was slapped with what was, at the time, the third-largest fine in the Federal Election Commission’s history following the unsuccessful bid to defeat President George W. Bush in 2004 and install Sen. John Kerry, D-Mass., in the White House.
The Controversial Influence
Ironically, Soros would later say that Obama (whose 2012 opponent, Mitt Romney, suggested was the most anti-American president in the nation’s history) was his “greatest disappointment.” Not because Obama’s leftward lurch didn’t go far enough, but because Obama, in Soros’ view, stabbed him in the back, politically, and left him to operate outside the inner White House circle.
In 2016, Soros threw his full weight behind Hillary Clinton and against Donald Trump by pouring millions into her presidential election run. FEC filings in the summer of 2016 showed Soros had committed or personally donated more than $25 million — mostly for her benefit.
The Ongoing Influence
Upon Trump’s election, the Soros mission turned to getting rid of the 45th duly elected president of the United States. How that jibed with any honest notion of democracy is anyone’s guess.
Corporate media outlets with a collective loathing for President Trump used the Soros-backed group’s assertions to substantiate Democrat House Speaker Nancy Pelosi’s impeachment effort. Trump was indeed impeached and acquitted by the Senate. Just as in previous elections, Soros reportedly told a group at the World Economic Forum in Davos, Switzerland, that the 2020 election would determine the “fate of the world.” He said Trump was “a con man and a narcissist, who wants the world to revolve around him.” Previously at the World Economic Forum, Soros claimed Trump was “doing the work of ISIS.”
The Continuing Influence
Soros spent $52 million in the 2020 presidential election cycle, according to Federal Election Commission filings. But there is no way to know how much money and influence originated from the billionaire activist, whether directly or indirectly via his Open Society Foundations.
One thing is certain: The 2020 presidential election, amid unprecedented Covid-era election changes and summer riots destabilizing dozens of American cities and the nation’s capital, was unlike any in American history. Soros-backed prosecutors are already swaying the 2024 presidential election via lawfare. Soros grant recipients are attempting to remove the leading opposition candidate from the ballot.
And George and Alex Soros are only just getting started.
What impact has the Working Families Party, funded by Democracy PAC II, had on the political landscape?
Rel=”noreferrer noopener”>Planned Parenthood Action Fund, and the Working Families Party. These organizations have received millions of dollars from Democracy PAC II for their political activities. Moreover, Soros himself has been a major donor to the Democratic National Committee, contributing millions of dollars to their efforts.
The reach and impact of Soros’ political web extends beyond elections. His Open Society Foundations, established in 1979, fund a wide range of left-wing organizations and initiatives around the world. These organizations seek to promote liberal values, social justice, and open societies. Soros’ influence in global politics is far-reaching, and his funding has been pivotal in supporting a wide range of causes, from immigration reform to criminal justice reform.
George Soros has been a lightning rod for controversy and conspiracy theories. His vast wealth, combined with his overt political involvement, has made him a popular target for criticism and scrutiny from both the left and the right. However, it is undeniable that Soros wields immense influence over political landscapes both in the United States and around the world.
As the 2024 elections approach, it is likely that George Soros and his political web will continue to play a significant role in shaping the political landscape. The extent of his influence and the reach of his dark money remain sources of concern for those who believe in transparent and democratic elections.
It is important for voters and the public to be aware of the power and influence of individuals like George Soros, who use their vast fortunes to shape the political agenda and influence the outcomes of elections. Democracy thrives when there is transparency and accountability in the political process, and it is essential that we remain vigilant in uncovering the hidden webs of influence and dark money in our democracy.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
Now loading...