Ted Cruz Attack Of John Kasich And George Soros Proven False, Taken Off Air In Wisconsin

It seems that everyone is fair game once they enter the political arena, even financiers like George Soros. The 85-year-old hedge fund manager has accumulated over $20 billion worth of wealth and is a celebrity in the financial world. He took it upon himself to found the Open Societies Foundation in order to promote democracy, open societies and accountability across the globe on biography.com. He says it is his obligation now that is accumulated so much wealth, using his money and power to promote good.

The man is a sympathetic figure. He was born in 1930 in Budapest, Hungary, and endured World War II’s Nazi occupation as a Jewish boy. The war destroyed the world of George Soros and his family, who changed their name to escape persecution and eventually fled as immigrants to England in 1947 on http://www.nytimes.com/topic/person/george-soros. The man has experienced a lot and has come from nothing to build his fortune. For this, he is a hero, no matter where you fall on the political spectrum.

In this election cycle he has donated over $10 million to left-leaning organizations and to the Democratic presidential candidacy of Hillary Clinton. His money also founded MoveOn.org, the liberal organization that is now promoting and endorsing Bernie Sanders for president. George Soros on twitter makes these donations in good faith, believing that these politicians and organizations will help promote open societies around the world. But his good faith donations have made him a target of conservative reporters and politicians. To them, he is like the liberal Koch brother and they use his name as a rallying cry for their voter base. In the world of conservative politics, if you are associated with George Soros then your career is over. And that’s exactly what the super PAC of Ted Cruz tried to do to John Kasich in Wisconsin recently.

The Trusted Leadership super PAC has been funding a creepy attack ad against John Kasich in Wisconsin this past week. The commercial claims that the super PAC of John Kasich has received well over half $1 million in donations from George Soros. The donations, the advertisement claims, come from two of his former employees, promoting the idea that the donations were made through back channels so that conservative voters did not learn about them.

But the John Kasich campaign on Bloomberg has reached out to television stations that have since taken the ad off the air because, according to PolitiFact Ohio, the claims made by the advertisement are false. The former employees of George Soros just so happen to be long time conservative contributors that both happen to endorse John Kasich for president. It was a bold stretch made by the Trusted Leadership super PAC that turned out to be a lie, but the damage may have already been done.

George Soros Largest Donor to Clinton Campaign

 

George Soros has given Hillary Clinton’s super PACs over $8 million dollars so far in her bid to become president, according to Politico. He is the billionaire investor who was born in Hungary. He once made $1 billion dollars betting that the European Union would have to devalue their pound. More recently, he has been warning investors that the current situation resembles 2008 in many ways. George Soros has been outspoken on Greece’s financial problems and on China’s problems. He is also the founder of the Open Society Foundation that works on human rights issues around the globe. His gifts are the largest that Hillary has received so far in the election. The vast majority of his gift was made to Priorities USA Action. While this super PAC can legally have no connection with Hillary, it has come out to wholeheartedly support her.
The second largest contributor to Priorities USA Action is Euclidean Capital that has contributed $3.5 million. This is the hedge fund operated by James Simmons. Unlike Soros who is said to have a net worth of $24.9 billion, James has a net worth of $15.9 billion. He has long supported the Clintons. Many of his previous gifts was done under the name Renaissance Technologies. In September,2015, James officially retired appointing Ashvin Chhabra to oversee Euclidean Capital.
The third largest gift to Priorities USA Action was $2.8 million given by the Pritzker Group. This group is run by Anthony and Jay Robert (J.B.) Pritzker. They are part of the long family feud over the Hyatt Corporation and Marmon Holdings Incorporated. Their sister has served as commerce secretary under President Obama. Anthony Pritzker is worth $3.3 billion, while brother J.B.is worth the same.
Several groups and individuals have given $2.5 million to Priorities USA Action. One of these is Herb and Marion Sandler who sold Golden West Financial Group in 2006 netting them about $2.6 billion dollars personally. They took $1.3 billion of that money to establish the Sandler Foundation which has funded numerous projects mostly building leadership in the disadvantaged.
Also giving $2.5 million is Paloma Partners that is managed by David Sussman. This partnership received over $200 million dollars from taxpayers as part of the A.I.G. bailout. David claims that he does not have a political agenda. He says that he considers his political donations to be philanthropy. The Sandlers have given generously to the Center for American Progress where David serves on the board. This group has had major influence on the Obama administration.
Also giving $2.5 million dollars to Priorities USA Action is the Women’s Self Worth Foundation which was founded by Cheryl Saban. The mission of this foundation is to empower women.