Top highlights on George Soros political and charitable contributions

George Soros, a billionaire investor who spent over $27 million in 2004 while trying defeat President George Bush, is rising again as leading boogeyman of conservatives and a Democratic politics Champion funder. According to interviews with his associates and the Federal Election Commission registers, George made over $25 million donations to Hillary Clinton and other Democratic contenders. Even as the Election date gets nearer, George ‘s associates attest that they expect him to give more funds despite the fortune of about $24.9 billion he amassed through risky current trades.

Soros, who have a relationship of over 25 years with Hillary Clinton, had plans to attend the Democratic Convection to watch Hillary Clinton accept the Democratic Presidential nominee’s role. However, a close associate to Soros disclosed that he had to cancel the trip to monitor Europe’s economic situation, as he had returned to active trading. However, close associates say that George is more politically involved than he was in the previous years. The reason behind the close political involvement is the great fear for his Grand of Part rival (GOP) Donald Trump and his great faith in Hillary Clinton’s win. Read more at Politico about George Soros.

Michael Vachon, George’s political advisor, says that his boss has been consistently contributing to Democratic issues. However, the political stakes during this political season have been exceptionally alarming. The political stakes started even way back before Donald Trump became a presidential nominee. The political issues were surrounded by the numerous issues President Bush cared most about for numerous years including religious tolerance, immigration reforms, immigration reforms, and criminal justice systems. The huge donation support from Soros to support Clinton has been viewed as a good sign by most Democrats. Other top liberal donors are also donating towards the political move. The donors include Don Sussman, a New York hedge funder who donated $13.2 million, Fred Eychaner and Haim Saban who contributed $13.2 million each, and Tom Seyer who made a contribution of $31 million.

George Soros has also made a $5million commitment to a nonprofit association, according to an associate, which aims at fighting conventional efforts to limit voting. The association, known as Voting Rights Trust, is partly run by Marc Elias who is Clinton’s lawyer. The group is registered under a certain tax code which doesn’t necessitate the need to disclose the donors. Hence, the contributions made by Soros and other donors need not be formally or publicly reported to the state authorities.

In 2004, Soros hinted that he would quit his heavy political giving. Soros focused is charitable attention to his international associations whereby he has contributed over $13 billion over the last thirty years. The foundations mainly focus on shaping democratic processes and defending human rights in Eastern Europe and improving access to healthcare and education in the United States and globally. Learn more on about George Soros.

End Citizens United, received a $500 check this year which is the maximum George Soros would legally give to the group. The group supports candidates that pledge to support financial campaign reforms. Soros also made a donation to Every Choice.

Charles Koch disappointed by GOP candidates

Charles Koch, a conservative billionaire, said that Hillary Clinton could make a better president than GOP candidates. Charles Koch is the CEO and co-owner of Koch Industries along his brother David Koch. According to Bloomberg, the two have mixed web value of approximately $106 billion

In an interview with ABC News, Charles Koch stated that in some ways Bill Clinton was a better president with George W. Bush regarding government growth and spending which was two and a half greater under George Bush than under Clinton.

During the interview, Koch referred to Republican candidates as terrible role models. Koch stated that he would support the Donald Trump or Ted Cruz if they retreat some of their policy proposals that they have made so far. It included Trump proposal to ban all Muslims from United State, and Ted plans to carpet bomb ISIS.

Charles Koch clarified that he is not for Republicans or Democrats, and he cares less about political party. He added that he agrees with George Washington’s view about parties, they became an end in themselves rather than help people improve their lives. According to Koch if Hillary, will have policies that will be more likely to improve people lives compared to Republicans he will be for her.

Koch explained that his decision not to back any candidate so far, due to a direct reaction to the continuous insulting tone of the campaigns. He told candidates that for them to get his endorsement they have to be like Ronald Reagan and they have to compete by improving the quality of lives and not tearing other down.

In the same interview, Koch stated that he had found little praise from the presidential race so far. Koch explained that he frequently return to a frustration due to lack of good-faith debates that focuses on ideas, especially on matters concerning lifting typical workers income and improving the economy. He criticized presidential candidates for not focusing on modern technology that can boost opportunities for beleaguered citizens. With all technologies that are out there, America has most fabulous opportunity to make people lives better in every dimension. However, candidates are concentrating on self-defeating staff, name-calling, and mischaracterizing what other people stand for.

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Koch Brothers Embarking On Family Personalized Investments

Koch brothers have overtime concentrated on the success of Koch industries but have now shifted to the 1888 LLC road. The brothers who in total are worth $100 billion have established a firm for personal investments. The overseer of the investment is Trent my who joined the Koch in 2011, the actual amount of the investment is not clear but with the importance of the figure 1888, it could be more than $2 billion. 1888 LLC has been operational around the Koch industries but is now registered to do business in Florida, Kansas and California. The focus of Trent in this investment is a direct investment, a telecommunication company, and also has an interest in a Seattle-based company.

1888 is somehow very significant as a family office it has seven managers and three chief executives also three family members who are David Koch, Charles Koch and Elizabeth Koch. The family office most definitely will be a house of conservatism just like the Koch family who are in the list of wealthy conservatism that support Republicans in political campaigns. In 1888 LLC, the Koch brothers also include non-family members in the board membership. May has experience in hedge fund management as he was running his hedge fund called Deer Creek capital partners. The family office most probably will also invest in real estate and handle tax issues an aspect common in many family offices.

Charles Koch has been an advocate of lower taxes and a pusher of lesser regulations by the government. He also has for a long tie advocated for reformation in the criminal justice system as a solution to inequalities eminent in America. Apparently he is of the opinion that the government has made the economy of the United States worse than what it was in the 1930s. Koch has not been in the limelight for long until he saw the need to participate in politics through funding to help push for policies favoring the lives of middle-income earners. He also wrote an Op-Ed in the Washington post, and his recent one was supporting Bernie Sanders on the state of inequality in America. In this case, Koch thinks that politicians and wealthy business investors are liable to the poverty and poor livelihoods by pushing of policies that favor only their interests.