Soros Increases Political Donations Ahead of Midterms
Billionaire George Soros is making headlines as he breaks his own record for campaign contributions, having already funneled nearly $103 million into the midterm elections. This surge sets a new benchmark for his financial support compared to previous elections.
In 2018, he contributed a staggering $128 million, which made him the largest single donor at that time, as per records from the Federal Election Commission.
Some observers suggest that the Soros family is increasingly frustrated with the state of American politics. They appear to have ambitions of dramatically reshaping the political landscape in the U.S. The 95-year-old financier has donated less than $1 million in his personal name, with most contributions funneled through a Democratic Political Action Committee he established in 2020.
Douglas Kellogg from Americans for Tax Reform has remarked that Soros has a keen interest in pushing for what he describes as “some of the most insidious, unconstitutional, and expensive tax hikes” in U.S. history. He also branded Soros a “bad Bond candidate,” suggesting he has played a role in a leftward shift in the Democratic Party.
Researcher Parker Thayer from the Capital Research Center indicated that Soros is in the process of transferring the reins to his eldest son, Alexander. Thayer stated that Alexander looks to be more politically active than his father and this marks his first significant cycle of leadership.
“George is not in control. He hasn’t been in control for a while,” added Thayer, pointing to the evolving dynamics within the Soros family.
The Soros family is supporting some controversial candidates, including Graham Platner, a Senate hopeful from Maine, and Representative Ilhan Omar from Minnesota.
Thayer remarked on the growing discontent within the Soros family regarding U.S. politics, emphasizing their desire for profound change.
Interestingly, while some Democrats align with Soros’s vision, there are voices within the party pushing back against what they perceive as extremism. Democratic Representative Tom Suozzi from New York has asserted, “We support capitalism, not socialism. We support security, not illegality.” He emphasized the importance of pride in America and the necessity to project that sentiment.
