A Swiss billionaire is evading bans on foreign donations to political candidates and committees by giving tens of millions of dollars to a web of nonprofits to bankroll President Joe Biden’s agenda.
Hansjörg Wyss, who made billions in the medical device industry, is positioning himself as a megadonor to Democrat-aligned groups despite being forbidden from making political donations as a foreign national. Wyss gave $72 million in 2021 to the Berger Action Fund, which directs money to nonprofits that don’t have to disclose their donors or expenditures. By donating to the fund, Wyss can bypass bans on foreign political financial involvement.
Wyss created the fund in 2007, and it has donated $339 million to left-leaning groups since 2016, according to the Associated Press. Wyss’s representatives claim the tens of millions go to “issue advocacy,” addressing the environment, for example, and not partisan interests.
Yet groups that received Wyss’s money have spent […]
Read the Whole Article From the Source: freebeacon.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
