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IPFS News Link • Welfare: Corporate

George Soros Gets A COVID Loan

•, by Tyler Durden

The official description of the transaction is "to aid small businesses in maintaining workforce during the COVID-19 pandemic", but federal grants and contracts to EWMI (its primary source of revenue) rose from $9,185,194 in FY 2019 to $14,859,293 in 2020. EWMI previously received a $226,179 PPP loan in May of 2020. As a supposedly small business struggling through the pandemic, EWMI enjoys office space at 575 Madison Avenue in New York City and 1101 Connecticut Ave NW in Washington, DC.

In November 2018, Judicial Watch published a special report, "The Financial and Staffing Nexus Between the Open Society Foundations and the United States Government." The 28-page report is scrupulously documented with 154 footnotes citing to primary source records.

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