George Soros finds the 2016 election as surreal as many of his fellow Americans. The Republican front-runner holds positions such as forcing Mexico to pay for a wall, placing a ban on Muslim immigration, and forcing Muslims to wear special IDs. Political commentators across the country cannot resist engaging in Godwin’s law and comparing reality TV star Donald Trump to a former German dictator. Soros, who has donated several million dollars to the campaign of former Secretary of State Hillary Clinton decided to take the election more seriously when Trump won the Indiana primaries.
Soros hopes to stop Trump from gaining the presidency. He furthered this goal by meeting with members of the Libre Foundation, a Hispanic advocacy group. Over 80% of Hispanics oppose Trump and his anti-immigrant positions. The Foundation plans to use this money and donations gained from other sources to bring more Latinos to the polls in the November general elections.
Billionaire George Soros funds $15m effort to stop Trump, mobilize Latinos
George Soros – The New York Times
Forbes 400 Richest Americans: George Soros
George Soros | The New York Review of Books
Despite the fear over Trump winning the presidential election, likely Democratic voters do not seem to have the enthusiasm that Republicans supporting Trump have. None of the Democratic presidential debate gained the audience that the Republican debates had, and a smaller percentage of likely voters head to the polls in the primaries. Although Hillary Clinton is the presumptive nominee, Sanders could still win the popular vote as the California primary has yet to be held.
Soros chose not to donate to any Democratic campaign in 2008 or 2012 because he failed to influence the 2004 election of George W. Bush. Many Democratic candidates attempted to gain his support unsuccessfully during these campaign years. Markedly different circumstances mark 2012, however. China and Europe may be on the brink of another economic collapse that could send the world back into the Great Recession. The Great Recession occurred after the housing market collapsed, and it was eased when the federal government forced the banks to take millions of dollars. The phrase “too big to fail” entered the American lexicon at this time.