The Washington Examiner posted an article today with the following headline, “Democratic megadonor George Soros launches new super PAC.” Keep in mind that George Soros is not a friend of America. He is a supporter of one-world government and fully intends to be part of the ruling class in that government. There are some very questionable items in his past regarding collapsing currencies and his relationship with the Hitler regime as a teenager.
The article reports:
George Soros is launching a super PAC ahead of the 2020 election and has already written the single biggest check of any megadonor so far this election season.
Soros contributed $5.1 million to the new group, Democracy PAC, according to paperwork filed with the Federal Election Commission. He was one of the Democratic Party’s biggest donors in the last presidential election, giving more than $20 million to the party’s candidates and causes, and has already doubled the amount he had donated at this point in the 2016 cycle.
A person familiar with the group told Politico that Soros’ family members may also donate to the PAC. His son, Alexander Soros, has become somewhat of a Democratic megadonor in recent years.
The article continues:
“He has, unlike Tom Steyer or [Michael] Bloomberg, funded things like Senate Majority PAC and Priorities USA and EMILY’s List and Planned Parenthood and expects to continue to do so,” a person familiar with the PAC said.
Soros has yet to endorse a presidential candidate.
There are some things to consider here. It is very difficult to unseat an incumbent President during good economic times. I suspect some effort will be made in the coming year to make sure those good economic times do not continue. I have no idea what form that effort might take–it could be raising interest rates sometime next year, it could be more civil unrest from domestic terrorist organizations like Antifa, or it could be as simple as telling Americans not to spend money in order to slow down the consumer-driven economic growth. At any rate, in the past four years we have seen a number of efforts to buy election victories fail. If money were the only thing in winning elections, we would currently have either President Hillary Clinton or President Jeb Bush. In local politics if money were the only key to victory, Joan Perry would be running for Congress in the Third U.S. House District in North Carolina. I am hoping that the only thing George Soros’ political PAC is successful at doing is relieving Mr. Soros of some of his wealth.