Category Archives: Political Issues

Betsy DeVos: From Philanthropy To Secretary Of Education

The recently appointed United States Secretary of Education, Betsy DeVos is known for various philanthropic activities including education activism and to promote arts and culture. She thinks that education makes man and the community better, and she thinks that everyone should have access to high-quality education irrespective of the area, community or financial status of the parents. She is a strong proponent of the quality of education and thinks that the quality has gone down over the years. She has put forwarded few action plans that are aimed to improve the quality of education to help the children to follow the great American dream. It includes the school of choice – an option to choose the school according to parents’ wish and charter system of schooling – an option to give greater autonomy for the schools apart from the public school system. Her other suggestions include school vouchers – a type of discount vouchers for students from the government funding and school grading system – an option to grade each public and private schools according to its performance.

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She is also focused on other philanthropic activities as well. She set up a foundation with her husband Dick DeVos named Dick & Betsy DeVos Family Foundation to contribute to various causes. They have contributed $139 million until the date, and in the year 2015 alone they made contributions worth $11.6 million. It should be noted that their five-year political contributions are just standing at $5.5 million. Apart from education, they contribute to arts, justice, community, and leadership. Many of the organizations including Center for Individual Rights, Institute for Justice, Acton Institute, Baptists for Life, etc., have received the contributions from them. To promote arts, DeVos family instituted ArtPrize in 2009, an international art and culture competition held every year in Grand Rapids. She is appointed to the board of Kennedy Center for the Performing Arts, an arts center for dance, theater, orchestral, ballet, etc. Both of them have established Betsy and Dick DeVos Scholars for Free Enterprise and Entrepreneurship Scholarship at Northwood University, and it is for BBA students of the institution or combined BBA/MBA graduates.

Earlier, she completed her graduation in Bachelor of Arts from Calvin College located in Grand Rapids. Betsy DeVos is a Republican Party follower and was active in many fundraising programs for the party along with philanthropy. When it comes to business, she is the chairwoman of the Windquest Group, an investment firm with holdings in clean energy, technology, and manufacturing. Betsy is also a board member and chief investor of Neurocore along with her husband. It is an institution focusing on providing biofeedback therapy to improve the brain power, to counter attention deficit disorder, anxiety, depression, and autism.

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George Soros Continues to Discuss Politics After Election

George Soros has been one of the most influential people in the world for the past few decades due to his incredible net worth and strong influences on the social and political climate across the world. Soros amassed his net worth of $25 billion through the ownership and management of Soros Funds, one of the largest and most successful hedge funds in the world. Today, he is one of the twenty wealthiest people in the world.

While Soros is Austrian born and spent the majority of his childhood in the United Kingdom, he has continued to have a strong interest in social and political issues that are taking place in the United States. This past year, Soros made a significant amount of news when he pledged his backing to the Hillary Clinton campaign early during her presidential campaign.

Overall, it is estimated that George Soros raised over $25 million either personally or through various interest groups that he is a part of. This money went to help her win the Democratic nomination, but also heavily focused on defeating Donald Trump in the Presidential election.

The weekend following the election, Soros gathered various political and social leaders from around the US and the rest of the globe at a conference room in Washington DC. The meeting took place with the intent to discuss the future of the Democratic party and to also discuss what steps could be taken to help reduce the impact that the Republican Presidency, and Trump in particular, could have on the world.

Thus far, the biggest takeaway from the meeting has been that the political party needs to get people to vote in larger margins going forward. It has been thought that part of the reason that Trump was victorious is that many people believed that Clinton would easily win the electoral college, which reduced the need for individual voters to come out on the election day. Going forward, the party will take steps to increase the turnout from voters in areas all over the country in presidential elections as well as all elections that could impact Congress over the next four years.

This is not the first time that Soros has taken an interest in the US Presidential election. In 2004 he reportedly donated over $10 million to campaigns looking to unseat George W Bush, which were ultimately unsuccessful.

Read more:
George Soros Pledges $10 Million to Fight Hate Crimes
George Soros rises again