Why George Soros’ Philanthropy Has Become A Target Of The Extreme Right-Wing

Over the course of the last several years, George Soros has made the second biggest transfer of personal wealth to a philanthropy in history. He has provided $18 billion of his fortune to his nonprofit called Open Societies Foundation. According to extreme right-wing conspiracy theorists, though, he is somehow using this money to fund every liberal movement that exists. He has been cited as the source of funding for both the Antifa movement and Black Lives Matter, for example, despite no evidence showing this to be the case.

Open Societies Foundation is a charity that George Soros founded in order to support human rights and democracy around the world. His money is used by the foundation to have people work on fair and democratic elections, for example. It is also used to make sure everyone’s rights are protected regardless of race, age, sex, or sexual orientation. Since the election of Trump as president, George Soros’ nonprofit has increasingly worked to make sure the rights of people in America are respected by those in positions of authority, such as the rights of immigrants.

As George Soros is one of the top providers of money to Democratic candidates he comes under fire from Republicans. They think that billionaires should only be giving money to them, apparently, and so they become completely irrational when George Soros’ name is brought up. This primarily started during the presidential election 0f 2002 when incumbent president Gorge Bush was running against John Kerry. For a host of reasons, but especially the Iraq and Afghanistan wars, Soros had said that he’d be perfectly happy to give away his entire fortune if it resulted in Bush losing.

Once people learned that George Soros had given his foundation $18 billion his opponents, such as Breitbart, said that his foundation was the new “Death Star”. The partisan divide is enormous in the United States presently and both sides tend to paint the other sides financial donors as evil. However, George Soros’ philanthropy is to help others while those billionaires that support Republicans, such as Robert Mercer and the Koch brothers, just want to benefit their own interests by and large.

Back in 1997, George Soros wrote an article for The Atlantic called “The Capitalist Threat”. The article was a treatise about capitalism and how many people would say, “Let the free market decide!” regardless of the issue. He pointed out that this attitude was actually against the values and principals of what democratic and open societies rely upon. In the article he also talks about “open societies” vs. “closed societies. An open society, he wrote tolerates everyone’s opinions and human rights are respected. A closed society, on the other hand, dismisses the rights of its citizens and others and is run in a totalitarian fashion.

In the last 30 years, George Soros’s foundation has provided around $14 billion to various causes across the globe. This money has been used for everything from funding college scholarships in Africa to giving anti-communists copying machines so they could spread their word.

About George Soros: www.newsweek.com/tax-cuts-billionaires-republicans-congress-709339

Netpicks — Hot Tips for a Cool Summer

The sentiment on Wall Street has seen a dramatic change. The arrogant attitudes and normal hubris have faded away from the faces of affluent traders. It seems the summer heat may have melted away. When traders considered the market unstoppable a degree of nervousness set in and settled in the brains of newcomers and veterans alike. It was a dark time for Wall Street. The window is wide open for new choppy trades to be executed this summer. Normally, during the summer months all sectors experience a degree of sluggishness. The sectors have cooled off like they’re sipping some sweet lemonade. It could be the runoff from heated winter months when retail skyrockets amidst holiday rush and consumers are in a spending frenzy.

There are ways to take advantage of sluggish markets and slow trades during the coming summer months. Traders do not have to be subject to a lagging portfolio. The best way to beat the heat is to be proactive. A common strategy is known as the Lock and Walk. It works well during slow months and choppy markets. Past performance of this strategy suggest it is time tested and a proven keeper for serious investors. The key in this strategy lies in the investor’s ability to respect support and resistance levels on the NASDAQ. When these levels are stressed and tested the trader opts to trade ProShares UltraShort QQQ and then trade ProShares Ultra QQQ. To turn a profit, the trader must execute the trade when support and resistance levels are broken.  Hit on dailyforexreport.com to read more about socially responsible investment.

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The Frontera Fund was Founded to End Unfair Civil Rights Incidents Against Hispanics

The Frontera Fund was founded after a single incident, and a career spent covering important stories, experienced by journalists Mike Lacey and Jim Larkin. Both men worked for the same media company in Arizona and made it their mission to expose the misdeeds and gross miscarriages of law enforcement from Sheriff Joe Arpaio and his office. As a result of their coverage, the sheriff and his office carried out an illegal arrest of the two men and set out to charge them for writing about issues they had uncovered.

As expected the incident did not go over well, and the office and officers that carried out the arrests were found to be acting outside of the law. Charges were dropped, the office of the Sheriff was determined to have made an illegal arrest, and the public outcry over the incident was loud. In the end, after many years of court dates, the Sheriff’s Office was ordered to settle with Lacey and Larkin.

While the money that the two men gained from the incident was a longtime coming and enough to make their ordeal a little less difficult, they both felt they had to do something more. Lacey and Larkin established the Frontera Fund, a way to benefit Hispanics living in Arizona and protect their civil rights. The two believe that Sheriff Joe Arpaio unjustly targets Hispanics, both immigrants and legal citizens, living in his jurisdiction and trample their rights and freedoms. The work of the Fund has been far reaching and progressive, and its legacy and success is crucial to the health and prosperity of Arizona.