George Soros Gives Billions to New Liberal Fund

George Soros, the Hungarian billionaire who frequently supports liberal political causes in the United States, has recently become the subject of a media frenzy following his public support of several newly developed organizations. One organization in particular, Media Matters, has recently become relevant to many media outlets in a relatively small amount of time. Soros’ support of Media Matters has been applauded and defended by several reputable news outlets including MSNBC, The Washington Post, and The New York Times. The billionaire recently discussed his motives for supporting Media Matters and announced his intentions of financially backing other major left leaning media contributors in the very near future.

Media Matters

Media Matters is a self-proclaimed watchdog media group that operates legally as a 501(c)(3) nonprofit organization and reports, analyzes, and corrects conservative “misinformation” as seen on major news networks like Fox News. The virtual news organization was developed in 2004 with a mission of attacking major news stories printed by reporters with whom they disagreed. Media Matters quickly expanded to include its founding reporter, David Brock, as well as other notable progressive reporters. The company gained relevance and funding through leftist think tanks like the Center for American Progress and the Service Employee International Union. Liberals at the top of the American government spectrum like Hilary Clinton and George Soros donated heavily to the news organization, causing it to grow rapidly from a small coverage site to a federally relevant news outlet. Read more about George’s life story at biography.com.

Soros’ Alignment

During his recent discussion on the importance of news outlets like Media Matters, George Soros stated that his funding of the organization occurred primarily because he strongly affirmed the organizations values. For decades since his initial entrance into the United States political arena, George Soros has actively engaged and embraced leftist principals and ideologies. Following the election of President Donald J. Trump in November of 2016, Soros contributed one of the largest donations to liberal organizations ever made in the country’s political history. The businessman expressed his concern about the current presidential administration during his discussion of his most recent donations. He stated that contributions from wealthy individuals who support the liberal cause were crucial to a successful interference with the new conservative administration. Leaders at Media Matters have praised Soros’ contributions to the organization in the wake of this new regime.

Future Plans

George Soros also discussed his plans for future involvement with Media Matters and other liberal think tanks that produce anti-conservative literature. Soros stated that his loyalty has always been with the Democratic political party for the past several decades and that he will continue to support leftists’ activists. Soros has made it his mission to progress the American society through the funding of liberal causes. Know more about George Soros on Investopedia.

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