Soros Spends $80 Million Pushing Pot Legalization

Friday, 04 Apr 2014 01:03 PM

By Melissa Clyne

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Billionaire hedge fund manager George Soros has funneled at least $80 million over the last 20 years to advocacy groups trying to legalize marijuana, The Washington Times reports.

Through donations to the nonprofit Drug Policy Alliance and others, Soros, 83, may be the cannabis crusade’s biggest supporter, along with the late Progressive Insurance Co. chairman, Peter B. Lewis, who reportedly contributed $40 million to the cause, according to the Times.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

Soros also contributes to the ACLU and the Marijuana Policy Project, both of which fund legalization efforts. In 2013, the latter ranked Soros ninth on its list of most influential marijuana users, between No. 8 John Kerry and No. 10 Bill Maher, a proud pot smoker who once said he never made a secret he had tried pot, “about 50,000 times.”

"He said he had tried marijuana, enjoyed it, 'but it did not become a habit and I have not tasted it in many years,'” the MPP quotes Soros as saying.

His funding helped legalize recreational pot use in Colorado and Washington state and organizations benefitting from his contributions are working to get the issue on Florida’s ballot as well as similar legislation passed in Delaware, Hawaii, Maryland, New Hampshire, Rhode Island and Vermont, according to the Times.

In a 2010 Wall Street Journal op-ed piece, Soros spelled out his reasons for supporting legal pot.

“Like many parents and grandparents, I am worried about young people getting into trouble with marijuana and other drugs,” he wrote.

“The best solution, however, is honest and effective drug education. One survey after another indicates that teenagers have better access than most adults to marijuana—and often other drugs as well—and find it easier to buy marijuana than alcohol. Legalizing marijuana may make it easier for adults to buy marijuana, but it can hardly make it any more accessible to young people. I'd much rather invest in effective education than ineffective arrest and incarceration."

He also cited the billions in taxpayer dollars spent on criminalizing marijuana -- 40 percent of all drug arrests are marijuana related, according to Soros -- the root of which he said was to punish Mexican immigrants who purportedly "smoked the killer weed."

A majority of both Republicans and Democrats – 67 percent and 71 percent, respectively – say the federal enforcement of marijuana laws is not worth the cost, though 59 percent of Democrats favor legal pot compared with just 37 percent of Republicans, according to a 2013 Pew Research Center poll. The same poll indicated that for the first time ever, a majority of Americans, 52 percent, favor legalizing marijuana, an 11-point gain from a 2010 survey.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

Related Stories:


.




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Sudanese Christian Woman Flies to Rome, Meets With Pope

Thursday, 24 Jul 2014 16:17 PM

A Sudanese woman sentenced to hang for being a Christian has finally flown to Italy with her husband and children, and h . . .

FAA Lifts Ban on US Flights to Tel Aviv Airport

Thursday, 24 Jul 2014 16:15 PM

The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel. The end of the ban, which t . . .

Obama Talking to CNBC on Economy, Tax Inversions

Thursday, 24 Jul 2014 16:08 PM

CNBC will air an interview with President Barack Obama at 5 p.m. Thursday focusing on the growing number of tax inversio . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved