Billionaire George Soros Linked to Kasich’s Super PAC

An ad from a Political Action Committee that supports Senator Ted Cruz states that George Soros and allies are supporting John Kasich. This has been seen as a secret conspiracy from the leftists on http://www.politifact.com/ohio/statements/2016/apr/04/trusted-leadership-pac/no-george-soros-not-bankrolling-john-kasichs-campa/ to garner support for John Kasich’s Presidential bid. The affiliation of the Ohio governor to the independent minded billionaire George Soros will surely help him garner more support. Soros and Kasich’s images are seen in the ad where the narrator says that Soros and his allies are funding Kasich’s super PAC. Blogs like DCClothesline.com are also reporting of George Soros on bloomberg supporting Mr. Kasich’s campaign. The television ads are funded by Trusted Leadership which is the super PAC the supports Ted Cruz’s presidential quest.

These television advertisements were already running in Wisconsin before the primary on the 5th of April. Tom Sutton who is a political science professor at Baldwin Wallace University says that a notion like that does not make sense when you look at the campaign finance rules. The donors to a super PAC are public and there is no maximum limit in the donation. He explained that George Soros would not hide donating a million dollars to New Day, the super PAC supporting Mr. Kasich. There are also many other companies that have donated to New Day. When the list of the other donors was checked, two individuals linked to George Soros were discovered; Scott Bessent and Stanley Druckenmiller on biography.com.

Scott Bessent is the former chief investment officer for the Soros Fund Management. He parted ways with George Soros on theatlantic to start his own hedge fund company. The finances recorded show that he donated $27,000 to Kasich directly and $200,000 to New Day for America. He has also donated $5,000 to Jeb BushÕs Right to Rise PAC and $39,800 to the Republican National Committee. Scott donated to the democrats in 2013($25,000 Ð Ready for Hillary PAC).

Stanley managed Soro’s assets for twelve years (1988-2000). Last year he funded New Day for America with $450,000. He has severally donated to the Republican candidates’ PACs and the Republican National Committee. Based on Stanley’s political affiliation, we can conclude that he and Soros do not sing from the same political song-book. The blogs and ads are actually using Scott and Stanley’s connection to Soros to defend their assumptions.

Kasich may not be pleased to be getting support from individuals linked to George Soros but since they are supporting his cause he cannot do away with them. Connie Wehrkamp who is the spokeswoman for New Day for America stated that they had sent letters to Wisconsin asking them to investigate the false claims contained in the advertisement and to stop airing it. The on-screen text on the advertisement misleads with the information that Soros is directly donating to Kasich’s super PAC. The logical decision is to refute these claims. More information can be found online at Politifact Ohio.