End Citizens United InDefence of the Johnson Amendment

For many people, Lyndon Johnson is just a former US president who took over following the assassination of John F. Kennedy. However, many people miss or are unaware of one crucial detail. While serving as a senator, Lyndon B. Johnson championed a bill that sought to ensure that church money stayed as far away from politics as possible. His efforts saw the passing of what is popularly known as the Johnson Amendment in 1954.

At the time, the amendment did not seem to disrupt anything or make much sense. However, the effect of Johnson Amendment and everything it represents appears to have been thrown out the window. Judging from the recent turn of events, churches and other tax-exempt non-profit organizations will be allowed to pour donations aimed at driving political campaigns for their preferred candidates.

Many people do not understand the importance of the Johnson Amendment. Look at it from this context; in 2015, the donations made to religious organizations by the US citizens was over $119 billion. Contrast this figure with approximately $6.5 billion which was spent in the 2016 election (the most expensive election in the history of US). What are the fears associated with the repeal of the amendment – something that Trump promised during his presidential campaigns? The greatest concern is; once people make church donations, it will become impossible for them to know how the money is used in the end. A massive chunk of the $119 billion could be directed towards conservative political groups,an act that will destabilize the U.S democracy.

In May 2017, the president issued an executive directive discouraging the IRS from enforcing the amendment’s terms. While executive orders do not necessarily accomplish anything by themselves, this is a clear indication that Trump will try to keep his campaign promise of repealing the amendment.

Thankfully, End Citizens United is not taking this lying down. End Citizens United is committed to protecting the Johnson Amendment by all means. The PAC believes that the Johnson Amendment plays a fundamental role in ensuring the separation of the church and state in the United States. The issue could end up in the Supreme Court. Just like in 2010, no one can predict the court’s ruling. Unfortunately, the recent appointment of another conservative to the bench may mean a disappointing and disastrous decision regarding this amendment. Whatever happens, PACs and groups such as ECU have a tough responsibility of ensuring that dark money is kept away from the coffers of political campaigns.

About End Citizens United

ECU was founded to overturn the extremely unpleasant Citizens United decision made by the Supreme Court in 2010. Established in 2015, ECU participated its first election cycle in 2016 with over $25 million in funding. Some of the Democratic candidates that the Political Action Committee has endorsed include Hilary Clinton, Zephyr Teachout, Beto O’Rourke, Elizabeth Warren, Russ Feingold and Jon Ossoff. Read more on wikipedia.com to know more about End Citizens United.

 

The Association of George Soros Political Views to World Economies

 

Governments have an important role in world economies by its activities and decision making policies. The United States economy, for an example is affected by government activities. The Federal Government is responsible for providing the guidance through those activities to maintain growth steadiness, stabilize prices, and to increase employment levels. If the government decides to increase or decrease spending and tax rates, it will either speed up the rate of growth in the economy or slow it down. George Soros, Founder of Soros Fund Management and Open Society Foundations understands how political decisions have an influence in World Economies.

 

George Soros understanding of global economics comes from his educational background, hedge fund investment career, political involvement, and philanthropist works. He considers the present markets, past market trends, political policies, and world economies to make strategic investments and financial crisis assumptions. Soros knows policymakers have an important role in economic stability and governing. After Soros became a billionaire, politicians were attracted to him because of his hedge fund investment success and contributions made to over 150 organizations around the world. He faithfully contributes to organizations for different causes, including political, education, social justice, immigration, women rights & freedom, human rights, healthcare, equal justice, democracy, and economic & policy research.

 

Presently, Soros is a great supporter of the 2016 Hillary Presidential Campaign. According to the Federal Election Commission, George Soros contributed $1 million to Priorities USA Action, which was reported on June 25, 2015. He donated an additional $6 million to the same political organization, which was reported on December 17, 2015. Priorities USA Action is an organization founded in 2011 to support Hillary Clinton for the United States next president. In May 2015, the Federal Election Commission reported Soros contributed $1 million to American Bridge 21st Century, a research and communications organization.

The beginning of 2016, Soros revealed to investors and spectators that the global markets are headed for a financial crisis like the 2008 crisis. He compared the financial crisis to the 1929 Great Depression, which lasted through the 1930s in one of his books. World Economy, China was his primary focus to base his facts that supports the possible 2016 financial crunch. The stock markets in China and the United States caused an uproar among international investors. China’s yuan currency was devalued and crude oil prices in the U.S. decreased dramatically the first week in January.

George Soros and Presidential Candidate, Hillary Clinton share similar political views when it comes the government and its responsibilities of providing a stable environment for economic growth. Soros has supported democratic causes and views for approximately 35 years. He has shared his insight of global economics in Washington, D.C. and to governments over the world. His billion dollar contributions to organizations helps students, women, immigrants, families, and reputable politicians.