(DCNF)—Since The Wall Street Journal first reported that Alex Soros had taken over his father’s political operation on June 11, 2023, he has pumped tens of millions of dollars into an array of efforts to sway the 2024 election, financial disclosures show.
Democracy PAC, the primary conduit through which the Soros family shuffles its wealth into electoral politics, spent roughly $40 million after the WSJ reported that George Soros had passed the reins on to his son, campaign finance records show. The PAC’s spending under Alex Soros signals somewhat of a departure from how his father operated it, with less focus on criminal justice and a greater emphasis on helping Democrats keep the White House.
“I’m more political,” the younger Soros told the WSJ in 2023, comparing himself to his father. “As much as I would love to get money out of politics, as long as the other side is doing it, we will have to do it, too.”
Outside groups aligned with the Democratic Party spent over $1.7 billion during the 2020 election, whereas conservative groups spent considerably less, totaling around $1.5 billion, according to OpenSecrets’ analysis of campaign finance records.
Democracy PAC has sent $10 million to Future Forward PAC since the WSJ reported that Alex Soros had taken over, per Federal Election Commission (FEC) records. President Joe Biden’s campaign in 2020 anointed Future Forward to serve as the primary super PAC to boost the Democratic presidential effort, and the operation has since pivoted to support Vice President Kamala Harris after Biden dropped out, according to multiple outlets.
George Soros appeared less interested in using Democracy PAC to play presidential politics than his son, having given Future Forward PAC just $1 million during the same period in the 2020 election, according to FEC filings. The Soros patriarch did, however, personally donate roughly $500,000 to boost Biden during 2020, which is still less than the $721,000 Alex donated that year, campaign finance records show.
Democracy PAC is not the only way the Soros family injects money into politics. Open Society Foundations, the philanthropic network founded by George Soros and now headed by his son, has poured tens of millions of dollars into left-of-center activist groups that have worked to prevent former President Donald Trump from winning elections.
The Soros heir also seems less interested in criminal justice than his father, having only distributed about $1.1 million to groups focused on the issue through Democracy PAC since June 2023, FEC records show. His father, meanwhile, had already sent out over $5.6 million in disbursements through Democracy PAC to criminal justice-focused groups during the same period in the 2020 election cycle.
Alex Soros even moved $60 million out of the Fund for Policy Reform, a criminal justice nonprofit within the Open Society Foundations network, and into Democracy PAC back in January, according to campaign finance records.
In addition to using Democracy PAC to bankroll the implementation of their criminal justice agenda, the Soros family has also contributed directly to some causes in the area. These payments appear to be drying up under Alex Soros as well, however, as no one in the Soros family has made direct payments to California Justice & Public Safety PAC, the committee tasked with electing what George Soros dubbed “reform prosecutors” in the state, this election cycle.
The younger Soros and his father show some similarities in how they have led Democracy PAC, disclosures show. In both 2020 and 2024, the PAC donated millions to the Senate Majority PAC and House Majority PAC, committees tasked with electing Democratic candidates to the upper and lower chamber, respectively.
Alex Soros has directed $9.5 million to the pair of committees since June 2023 whereas Democracy PAC, under his father, gave $10 million to the PACs during the same period in 2020, per FEC records.
Under both the elder Soros and his son, Democracy PAC made considerable donations to pro-abortion committees, such as those affiliated with Planned Parenthood, as well as PACs aimed at increasing the presence of women in elected office, according to campaign finance records. The younger Soros explicitly told the WSJ he would continue his father’s legacy of pushing feminism and working to expand access to abortion.
Though Democracy PAC has already spent tens of millions of dollars under the Soros scion, a total of $125 million has been set aside for the committee, according to the WSJ.
The younger Soros, who is cementing his place as a Democratic megadonor, has enjoyed generous access to the White House under the Biden-Harris administration, visiting frequently, according to Fox News Digital’s analysis of visitor logs. Alex Soros has met with high-ranking White House officials like Amanda Sloat, the National Security Council’s senior director for Europe, and Jon Finer, who serves as the principal deputy national security adviser.
A Soros family spokesperson did not respond to the Daily Caller News Foundation’s request for comment.
Featured Image: World Economic Forum, Valeriano Di Domenico/Flickr
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Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
