After 2004, everyone knew that George Soros was never going to be active in matters of national politics. This was after he went against George Bush’s presidential bid, by funding his opponent. Since then, George Soros has insignificantly made monetary contributions to political parties, or individuals. Before 2008, he teamed together with other investors to form the Democratic Alliance, a movement that worked to make donations to support the Democratic presidential candidate, who was then Barrack Obama. This was the closest Soros ever came to being involved in politics. He, however confessed that he regretted backing Obama, and that George Soros should have supported Hillary Clinton in the party’s primaries.
Soros’, in 2016, seems to have changed his mind about not getting involved in politics. As a matter of fact, he seems enthusiastic about it, more that ever before. Compared to 2004, when he spent a whopping $27 million to try and defeat Bush, the billionaire, George Soros has already contributed $25 million to Clinton’s campaign. With the elections fast approaching, the spending is expected to increase, as indicated by sources close to the billionaire.
His reemergence, though unexpected, is certainly explainable. Soros regretted not supporting Clinton in 2008. This may have been his motivation on theatlantic.com. Secondly, Clinton and Soros have been close allies for over 20 years. Furthermore, Clinton’s principles seem to be in line with what Soros stands for. What makes it worse for Donald Trump, the Republican’s preferred presidential candidate, is that Soros has never liked his ideologies. Reforms such as the criminal justice reform, and the immigration reform, are things developments that Soros has always worked against.
To show his solemn support for Clinton’s candidature on biography.com, Soros was to attend the Democratic convention, something he had never done before. It was at the convention that Clinton was to accept her nomination as the party’s flag bearer. Soros, however, failed to turn up. A close associate of his says that, this was so because his boss had to run things in Europe. It seems like the billionaire has recently gone back to active trading. Despite all this, Soros’ support for Clinton will definitely be a huge problem for Trump’s team at https://www.opensocietyfoundations.org/people/george-soros.