by Justin Caruso
Leftist billionaire Geoge Soros is making waves once more, this time financing a global refugee boondoggle.
Soros announced his plan for $500 million to aid refugees and migrants worldwide in an op-ed in the Wall Street Journal Tuesday. “We will invest in startups, established companies, social impact initiatives, and businesses started by migrants and refugees themselves,” Soros writes.
The announcement came in response to the White House “Call to Action” in June soliciting support from private businesses to assist refugees.
The Obama Administration released an update today, noting that, “51 companies have committed to investing, donating, or raising more than $650 million.” Among the companies listed are Citigroup, Facebook, Goldman Sachs, MasterCard, Microsoft, and Twitter.
President Obama will host a summit on refugees Tuesday where he is expected to push world leaders to do more for migrants. The White House recentlyannounced plans to increase the number of refugees admitted into the U.S. to 100,000.
Leaked memos from George Soros’ Open Society Institute in August show Soros pressuring Obama to increase the refugee flow into the U.S., and more memos referred to the European refugee crisis as the “new normal,” presenting “new opportunities” for the Soros organization to influence immigration policies on a global scale. (RELATED: Leaked Soros Memo: Refugee Crisis ‘New Normal,’ Gives ‘New Opportunities’ For Global Influence)
World leaders gathered at the United Nations (U.N.) Monday to host their own summit dedicated to refugees and migrants, culminating in a Declaration committing nations to “Strengthen the global governance of migration by bringing the International Organization for Migration into the U.N. system” and “Strongly condemn xenophobia against refugees and migrants and support a global campaign to counter it.”
U.K. Prime Minister Theresa May criticized “illegal and uncontrolled migration” at the summit.
The U.N. estimates that worldwide, 65.3 million people are currently forcibly displaced, 21.3 million of them are refugees and about 54 percent of those refugees are coming from Somalia, Afghanistan, and Syria.