George Soros's Latest Effort to Fundamentally Transform America
The billionaire activist just pumped $18 billion into his foundation. That bears watching.
George Soros has decided to put some serious money behind his radical leftist agenda. According to The Wall Street Journal, the billionaire activist has provided the Open Society Foundations with $18 billion in funding, vaulting the firm he founded into the upper echelons of philanthropic organizations. According to 2014 figures from the National Philanthropic Trust, only the Bill and Melinda Gates Foundation has more U.S. assets.
As of now Soros’s agenda remains unstated, but as columnist Alex Newman accurately notes, Soros has provided funding for “everything from globalism and Big Government to abortion, racial hatred, radical politicians, nationalized police, Hillary Clinton, mass Islamic migration, illegal war, and open borders.”
The Journal explains how the new arrangement works:
Soros Fund Management LLC’s 87-year-old founder now shares influence over the firm’s strategy with an investment committee of Open Society. Mr. Soros set up the committee and is its chairman, but it is meant to survive him, people familiar with it said.
A new chief investment officer at the Soros firm is less a trader than an allocator of capital to various internal and external asset managers. Unlike past investment chiefs, the official, Dawn Fitzpatrick, doesn’t report to Mr. Soros or others at his firm but to the philanthropy’s investment committee.
Soros doesn’t plan to trade the funds he’s allocated to the firm. Rather the money will be used to set up an “ongoing process of migration from a hedge fund toward a pool of capital deployed to support a foundation over the long term,” as chief executive of General Atlantic LLC and committee member Bill Ford explains.
What are Soros’s long term objectives? In 2009 he told the Financial Times that the future should be “owned” by China. “I think you need a new world order, that China has to be part of the proc¬ess of creating it and they have to buy in, they have to own it in the same way as the United States owns … the current order,” he stated.
A year later, while receiving the Globalist of the Year award from the Canadian International Council, he reiterated his China-centric vision. “They have now got to accept responsibility for world order and the interests of other people as well,” he stated. “Today, China has not only a more vigorous economy, but actually a better functioning government than the United States.”
The would be a vigorous, communist-controlled economy that has sold America poisonous pet food and toxic drywall, courtesy of an authoritarian government that has been a serial human rights violator for decades.
Why would Soros support worldwide authoritarian rule? “I admit that I have always harbored an exaggerated view of self-importance — to put it bluntly, I fancied myself as some kind of god,” he stated in his 1987 book, “The Alchemy of Finance.”
An aberration? Not when you say it twice. “It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out,” he told The Independent in 1993.
Unbridled megalomania goes a long way toward explaining why Soros has endeavored to advance his progressive globalist agenda through organizations operating in more than 100 countries. It is an agenda, former DOJ attorney J. Christian Adams revealed last November, that leaked funding documents reveal extends to spending hundreds of millions of dollars on “often-secret efforts to change election laws, fuel litigation to attack election integrity measures, push public narratives about voter fraud, and to integrate the political ground game of the left with efforts to scare racial minority groups about voting rights threats.”
Last January’s “Women’s March on Washington,” promoted as a “spontaneous” grass roots event, turned out to be a Trump bash-fest with Soros underwriting at least 56 of the event’s “partners.” Soros has also been instrumental in funding Black Lives Matter, another entity that claimed it was a spontaneous uprising engendered by racial frustration. Accuracy in Media’s James Simpson reveals it was anything but, detailing its ties to several Marxist organizations, many of which also received funding from Soros directly, or Soros-funded organizations like the Tide Foundation.
Other Soros-backed groups include the Center on Budget and Policy Priorities, the Center for American Progress, the Advancement Project, the Center for Community Change, the Brennan Center, and the ostensibly non-partisan League of Women Voters. He partners with large tax-exempt foundations such as Atlantic Philanthropies, Carnegie, Ford, and New World Foundations. He has also pulled together a number of media entities sympathetic to his causes.
Now Soros is putting $18 billion — or three times the total spending by all political parties, in all races combined, during the 2016 election — behind his effort to “fundamentally transform the United States of America.”
And therein lies the fatal flaw: he and equally puerile leftist billionaires are peddling thoroughly shopworn social justice tropes. Exhibit A is Tom Steyer. The newfound environmentalist billionaire — who earned much of his own fortune financing coal projects — now demands that any Democrat wanting a 2018 campaign contribution must promise to impeach President Donald Trump.
In short, both men and their progressive allies are doubling-down on the same America-hating agenda the Left has been promulgating for decades. The one that also includes the contemptible presumption that leftists are entitled to rule, irrespective of election results.
Yet there is a critical difference between the past and the present: America has seen this “movie” before, and it no longer resonates. As columnist J.R. Dunn asserts, the nation is currently experiencing progressivism’s “complete and accelerating collapse” while its adherents are “going for the gun, the club, the homemade flamethrower.”
Why embrace violence? “Because there’s nothing else left,” Dunn concludes.
Moreover, the Left’s hijacking of entities and institutions normally off-limits to political proselytization is keeping the decline front and center, from Jimmy Kimmel “sermons,” to knee-taking NFL millionaires, and everything in between.
And then there’s the rank hypocrisy. How does one abide the same Hollywood celebrities who protected Harvey Weinstein ever again presuming to lecture Americans about their moral shortcomings? Or a Democrat Party whose presidential candidate ran a campaign with the slogan “Stronger Together,” even as she labeled half the nation “deplorable,” and continues to assert her loss was the result of misogyny, racism and xenophobia? How are we supposed to take seriously a Leftmedia that endlessly reiterated second-hand stories about the Trump administration’s collusion with Russia, even as it appears determined to bury documented collusion by Obama administration officials?
Collusion so egregious, the foundations of our constitutional republic are threatened.
Like any American, Soros is entitled to spend his money as he sees fit, just as he did when he backed Hillary Clinton’s presidential campaign. But as the progressive movement is learning, money isn’t everything: Clinton spent twice as much as Trump and still lost.
Why? Because you can’t put lipstick on a pig. Progressive-orchestrated hate and hysteria — exemplified by their ongoing attempts to suppress speech, obliterate history, upend genetic reality, ignore any law with which they disagree, and divide Americans into warring tribes — is no longer selling to a nation of fundamentally decent people who finally decided they’ve had enough.
Eighteen billion dollars buys many things. Assumed credibility isn’t one of them.