With just four months to go before U.S. President Donald Trump could be re-elected, financial speculator George Soros has broken his record of donations and invested more than $50 million in support of the Democratic Party.
According to The Washington Free Beacon, last year, Soros created the PAC ‘Democracy’ to “pump” massive amounts of money to leftist groups.
Political action committees (PACs) pool contributions from donors and use those funds for campaigns for or against candidates, election initiatives, or legislation.
Federal Election Commission records show that Soros’ PAC distributed nearly $17 million last quarter, totaling $48 million in this election cycle.
But that’s not all. The controversial financier gave another $4 million directly to Democratic campaigns and committees.
The sum of both donations, $52 million, is more than double Soros’ previous high of $22 million during the 2016 presidential election, where he actively supported Hillary Clinton against Republican candidate Donald Trump.
A controversial donor
Soros has been denounced on multiple occasions for trying to overthrow democratically elected governments by funding various campaigns and extreme movements.
He was recently accused of financing the terrorist group Antifa, which became violently involved in the protests that took place in the United States after the death of the African-American George Floyd, at the Minneapolis police’s hands, last May 25.
“In many places, it seems that the violence is planned, organized, and driven by anarchists and extremists of the extreme left,” said U.S. Attorney General William Barr, naming Antifa but not mentioning Soros.
Political activist Candace Owens also referred to the issue in one of her tweets.
“As he did with Antifa, Democrat George Soros has these thugs on his payroll,” Owens wrote on Twitter, referring to violent groups that caused riots in Minneapolis and which, as it became known later, were not from there.
“He is funding the chaos through his Open Society Foundations,” Owens said, citing the NGO through which the billionaire donates his money to these organizations and social movements.
Soros has been financing campaigns for the decriminalization of abortion, the imposition of gender ideology in schools, the legalization of drugs, and secessionist movements like the one in Catalonia through an immense NGO network.
The multimillionaire rose to prominence on September 16, 1992, after carrying out an aggressive financial operation against the British pound and causing its collapse. This episode, known as ‘Black Wednesday,’ meant the exit of this currency from the European exchange mechanism and cleared the way for a single currency that would definitively annex Europe: The Euro.
Criticism of the Democrats
Soros’ continued funding of the Democratic Party has come under heavy criticism.
Even the government program of progressive presidential pre-candidate Joe Biden includes a promise to “reduce the corrupting influence of money in politics.
According to a report by The Washington Free Beacon, the presidential candidate’s website says: “We could improve our politics overnight if we took a lot of money out of the system and had public funding for our elections. Democracy works best when a large bank account or an extensive donor list is not a requirement for office.
Such rhetoric from Soros-backed candidates has drawn criticism from the Republican Party.
“While Democrats across the country are sarcastically demonstrating against the influence of black money in politics, the biggest donors to their party are funding a huge network of liberal organizations to get them elected,” a member of the “Big Old Party,” told The Washington Free Beacon.
“George Soros’ unprecedented spending further highlights how dependent Democrats are on the contributions of billionaires, despite their hypocritical rhetoric,” the source said.
In this context, a citizen petition has gone viral on the White House website calling for the Justice Department to declare Soros a “domestic terrorist.
The “We the People” platform is calling on the U.S. government to seize Soros organizations’ assets under the RICO Act.
After becoming viral on social networks, the campaign has already gained more than a quarter of a million people, a figure that far exceeds the floor of 100,000 signatures needed for the White House to provide a response or line of action in this regard.