Category Archives: Open Societies Foundation

Philanthropist George Soros Keeping Active With His Foundation and Political Interests

Billionaire philanthropist George Soros, a retired hedge fund manager, now works hard maintaining his foundations and fund management company while keeping extremely active in the national and international political arena.

Soros, a Democrat, is the Chairman of Soros Fund Management LLC, and founded and runs his philanthropic organization, the Open Society Foundations.

The Open Society Foundations were established back in 1979. Soros, having decided that he had enough money at the time, having made his fortune as a successful hedge fund manager, decided to establish his foundations, his goal being the establishment of open societies in place of authoritarian forms of government.

The Open Society Foundations, now reaching into more than 100 countries, strives to build tolerant and vibrant democracies, through transparency, human rights, and open societies, to areas where governments are accountable to their citizens. His first philanthropic effort with the Open Society Foundations was back in 1979, when he began to provide funds to black students in apartheid South Africa, assisting them in attending Cape Town University. He also provided funds to Eastern European dissidents to assist them in studying abroad.

Soros is an acclaimed author, with essays and articles on economics, society, and political issues regularly appearing in magazines like NY Books and leading newspapers like the NY Times and the Wall Street Journal. He is also the author of over a dozen books, with his 2014 book, The Tragedy of the European Union, being of extreme relevance today. Most recently, he has published an article outlining his plan to solve the asylum chaos in the European Union.

His plan, rather bold by conventional conservative standards, calls for the European Union country members to all get together, coming up with one comprehensive plan to be strictly adhered to by all member nations.

Where his plan really creates worldwide discussion, and perhaps controversy, is his plan that the EU should provide to each asylum seeker, for each of the first 2 years, 15,000 euros, or $16,800, to help cover their costs of education, housing, and health care.

Briefly, his 6 components of a comprehensive plan are:

First, the EU has to accept at least a million asylum-seekers annually for the foreseeable future.

Second, the EU must lead the global effort to provide adequate funding to Turkey, Jordan, and Lebanon to support the 4 million refugees currently living in those countries.

Third, the EU must immediately start building a single EU Asylum and Migration Agency and eventually a single EU Border Guard.

Fourth, safe channels must be provided for asylum-seekers.

Fifth, operational and financial arrangements developed by EU should be used to establish global standards for the treatment of asylum-seekers and migrants.

Sixth, the EU needs to mobilize the private sector to act as sponsors.
(Source: marketwatch.com)

It remains to be seen whether any of these measures are undertaken, or even considered, by EU member nations. But yet again, George Soros has made his voice heard in the political world on a global scale.