Contact: Cliff Kincaid, 443-964-8208

OWINGS, Md., April 17, 2012 /Standard Newswire/ -- Newly recently released tax documents, examined and analyzed by Tina Trent of www.sorosfiles.com, reveal how billionaire "philanthropist" George Soros expanded his U.S.-based empire by using funds from the American Recovery and Reinvestment Act of 2009, also known as the Obama stimulus. Soros and Obama worked hand-in-glove through the stimulus, which has been called the largest single partisan wealth transfer in American history.

The new report has been released by America's Survival, Inc. (ASI), publisher of the Soros Files website, and posted under the title OBAMA STIMULUS DOLLARS FUNDED SOROS EMPIRE. The release of the report coincides with an Internet advertising campaign on www.CanadaFreePress.com, a global source of news and information, drawing attention to how the transfers of federal funds to the Soros empire constitute a bigger scandal than ACORN. In that scandal, the House and Senate voted to cut off funds to the Association of Community Organizations for Reform Now (ACORN) after undercover videos showed ACORN officials giving advice on how to hide financial misdeeds and tax crimes. "The new and currently unfolding scandal of extravagant spending by the General Services Administration, or GSA, is peanuts compared to how Soros tapped the public till," ASI President Cliff Kincaid said.

In 2010, tax records show that Soros, a convicted inside trader with extensive knowledge of the American financial system and government policies under Obama, deployed grantees from his Open Society Foundations to lobby for and acquire federal contracts for job training, green energy, and community redevelopment programs. By gaining control over those resources, Soros advanced his agenda for "green economics," open borders, and increased government handouts. In short, he grew his empire, which includes much of the "progressive" movement in the U.S., as the federal government itself grew.

In the report, Tina Trent analyzes George Soros's grants to organizations in 2010. Four powerful organizations and coalitions -- The STAR Coalition, The Gamaliel Foundation, the Apollo Alliance, and Green for All -- are given detailed scrutiny in this regard, with the involvement of Van Jones getting special mention.