The campaign to repeal the Citizens United decision that has caused a major shift in U.S. politics over the course of the 21st century has been given a major boost with hedge fund manager and major political donor George Soros backing a recently begun campaign. End Citizens United hoped to make a big impact during the 2016 election cycle when political outsiders seemed to hold sway over U.S. politics for the first time in more than a generation; George Soros showed his support for the campaign by providing a check for $5,000 to the group as he feels the Citizens United Supreme Court decision has been detrimental to maintaining the free and democratic election process in the U.S. $5,000 may not seem like a large amount to an investment specialist Forbes estimates to have a personal fortune of $25.2 billion in 2017, but the grassroots funded End Citizens United group has capped donations at this amount.
One of the mysteries of U.S. politics over the 2008 and 2012 election cycles has been the decision of George Soros not to back Democratic President Barrack Obama to the same extent he did the 2004 election campaign of John Kerry and the 2016 Hillary Clinton campaign. Politico reports one of the major reasons for the withdrawal from the U.S. political scene of Soros was the fact he disagreed with President Barrack Obama on a number of important areas of policy, which the news provider explains saw him criticize the President for not being as aggressive as possible in pursuing a liberal agenda of policies. Soros had initially backed President Obama for President during the 2008 election cycle, but has since been reported to have admitted privately his belief he had made a major mistake in not backing Hillary Clinton. George Soros established the Open Society Foundations.
Politico goes on to explain the political giving of George Soros has allowed the man who formed his own hedge fund in 1969 with just $12 million and built it into the Soros Fund Management group with more than $30 billion in assets. After living through the Nazi occupation of Hungary during World War II and seeing more than 500,000 of his fellow members of the Hungarian Jewish community killed in the Holocaust, George Soros has always looked to fight the rise of any far right groups or politicians in the U.S. and around the world through political donations and his own Open Society Foundations. Neither George Soros or his son Jonathan have explained the reasons for the activity of recent years of Soros Senior, but the writings of George Soros do explain he was let down by the Obama Administration and remains concerned about the rise of Donald Trump and other right wing extremists within the Republican Party.
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