Tags: george soros | free speech | open society foundations | net neutrality

Soros' $18 Billion Is Bad News for Free Speech on the Internet

Soros' $18 Billion Is Bad News for Free Speech on the Internet
Financier and philanthropist George Soros speaks at the official opening of the European Roma Institute for Arts and Culture (ERIAC) at the German Foreign Ministry on June 8, 2017 in Berlin, Germany. (Sean Gallup/Getty Images)

By
Friday, 17 November 2017 03:26 PM Current | Bio | Archive

Democrats often complain about the pervasiveness of money in politics, but it’s likely many in the party are cheering as their favorite money man has upped the ante — and astonishingly so. George Soros, the billionaire hedge fund manager, recently announced that he will donate $18 billion of his fortune to his philanthropic organization, the Open Society Foundations.

According to The Wall Street Journal, the transfer makes Open Society the second largest philanthropic entity in the United States, behind only the Bill and Melinda Gates Foundation. While Soros has yet to detail how Open Society will use the money, if their past work is any indication, a large portion of it will go towards pushing the anti-free speech agenda of his allies in Silicon Valley.

In 2015, Soros, along with Silicon Valley’s elite like Twitter, Facebook, and Google, ran a campaign in support of the Obama administration’s proposed ‘net neutrality’ rules. Under the guise of pushing for a free and open internet, Soros and company did just the opposite.

Alongside Obama officials, they crafted policy that would turn the internet into a government-regulated utility, and at the same time, allow platforms like Twitter and Facebook to operate unchecked. The latter have used this power to censor conservative voices on their platforms and not so subtly push the liberal agendas of their elite founders and executives. It’s a trend that has produced everything from endless examples of conservative censorship with little explanation to hypocritical finger-pointing within Silicon Valley’s own ranks.

Soros and his compatriots were no paupers prior to the recently announced transfer. But an $18 billion cash infusion to Open Society will have more than just an immediate effect. In moving the majority of his net worth to Open Society, Soros is essentially positioning the Foundation to execute his well-known liberal agenda for years to come.

Open Society was already well funded, but an $18 billion cash infusion puts it on a whole different playing field. Google, Facebook, and Twitter already censor conservative content on their platforms with reckless abandon. Just recently Twitter prevented Tennessee Congressman Marsha Blackburn from promoting a campaign video on their platform because it included pro-life sentiments. Following a media frenzy Twitter ultimately allowed the video to be promoted, but is serious backlash what it will take in every instance to prevent censorship of conservatives? In a world where $18 billion of Soros’s money is readily available to ensure that Silicon Valley titans keep this power, that might be the case.

To be sure, Open Society will use the money on a myriad of projects — all with a decidedly liberal and controlling bent of course. But in the era of fake news and social media’s ever-increasing prominence in disseminating information, the impact that Soros’s money could have on our right to free speech on the internet is truly concerning. It is essential that Americans feel that their right to voice their opinion is protected.

When a powerful ally of self-anointed information gatekeepers in Silicon Valley grows even larger and more influential, the outlook for that right’s proliferation dims.

Christie-Lee McNally is the founder of Free Our Internet. She was the Maine Statewide Director for Donald J. Trump for President in 2016, is a concealed weapons permit holder, and a USAW Certified Olympic Lifting Coach. To read more of her reports — Click Here Now.

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
ChristieLeeMcNally
George Soros, the billionaire hedge fund manager, recently announced that he will donate $18 billion of his fortune to his philanthropic organization, the Open Society Foundations.
george soros, free speech, open society foundations, net neutrality
558
2017-26-17
Friday, 17 November 2017 03:26 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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