Skip to comments.George Soros
Posted on 10/15/2003 8:36:45 AM PDT by philosofy123
Can some body educate me about this guy George Soros. I read that he is spending $10 millions of is own money to defeat George W. Bush.
What is his motives, what party is he affiliated to, how did he become so rich? Any dirt on that SOB?
The financier. In 1956, Soros moved to the United States, where he began to accumulate a large fortune through an international investment fund he founded and managed. Today he is chairman of Soros Fund Management LLC.
The philanthropist. Soros has been active as a philanthropist since 1979, when he began providing funds to help black students attend the University of Cape Town in apartheid South Africa. Today he is chairman of the Open Society Institute (OSI) and the founder of a network of philanthropic organizations that are active in more than 50 countries. Based primarily in Central and Eastern Europe and the former Soviet Unionbut also in Africa, Latin America, Asia, and the United Statesthese foundations work closely with OSI to develop and implement a range of programs focusing on civil society, education, media, public health, and human rights as well as social, legal, and economic reform. In recent years, OSI and the Soros foundations network have spent a total of about $400 million annually to support projects in these and other focus areas. In 1992, Soros founded Central European University, with its primary campus in Budapest.
The philosopher. Soros is the author of seven books, most recently George Soros on Globalization (PublicAffairs, March 2002). His other books include: The Alchemy of Finance, 1987; Opening the Soviet System, 1990; Underwriting Democracy, 1991; Soros on Soros: Staying Ahead of the Curve, 1995; The Crisis of Global Capitalism: Open Society Endangered, 1998; and Open Society: Reforming Global Capitalism, 2000. His articles and essays on politics, society, and economics appear regularly in major newspapers and magazines around the world.
Soros has received honorary degrees from the New School for Social Research, the University of Oxford, the Budapest University of Economics, and Yale University. In 1995, the University of Bologna awarded Soros its highest honor, the Laurea Honoris Causa, in recognition of his efforts to promote open societies throughout the world.
God Bless Those
who Protect our Liberty
By Jan Von Helsing ("Secret Societies and their Power in the 20th Century")
The now 64 year old Hungarian with a U.S. passport is the superstar amidst the great speculators. When the last "Forbes" list of the best paid managers and financiers was published, Soros was in the lead by a huge margin. In the last year he earned 550 million US$, twenty times as much as the Disney Boss. When Soros opens the hunt, the international money markets get moving and the reserve banks start worrying. In Sept. 1993 he succeeded over the Bank of England. He was certain the Bank would have to take the pound that came under pressure out of the European exchange mechanism and devalue it. He gambled 10 Billion US$ --with success.
He made 1 Billion US$, which the British taxpayers now have to come up with. He himself likes to be openly known as the man who wants to influence the big money markets of the world. This is a very unusual stance for an investor to take, who should rather be interested in using situations unobservantly that the competitors have not yet discovered. In March 1993, Soros' activities became known when he predicted a rise in the price of gold. It is assumed --since this started a buying spree in precious metals --that this drove the price up 20% over the highest price since the Gulf War. In the beginning of June 1993, he wrote an open letter to the business editor of the London Times, Anatole Kaletsky, announcing that he intented to urge the money markets to sell large amounts of German government bonds in favor of French stocks. Which means: Down with the German mark and attack on the Bundesbank!
In several newspapers across the world Soros is praised as a kind of "Robin Hood of the Computer Age", since by speculation he takes from the rich nations in grand style to hand out to Eastern Europe and Russia via several Soros Foundations, to prepare the way for "Democracy" in those "poor" countries that had been bled dry by communism.
Who then is Soros? The official story says that he was born in 1930 to Jewish parents and as a teenager had been chased from Budapest by the Nazis. He enrolled at the "London School of Economics" and in the mid-50's came to the U.S. There he was magically drawn to Wall Street, but his career until 1969 was unspectacular. Then with a partner he took over an investment fund. He sold stocks he didn't own as futures, hoping that their price would fall nearer the qualifying date and that he could aquire them at a price lower than his selling price.
From this fund the "Quantum Group" evolved, a family of investment funds operating from the Dutch West Indies. Quantum is one of the most impressive "investment machines" in the world. In 8 of the last 24 years it made an "official" profit of over 50%, in 2 of those years even over 100%. In the meantime Soros handed business over to a group of managers and limits himself to designing the "great campaigns". He put down his princples in the book, "The Alchemy of Finance", where he says what "financial speculators think more important than real economic facts". But this is but the picture the media -- and we know who owns them --paint of him. Who is he in reality?
William Engdahl knows this to say about him:
"Soros speculates on the world's financial markets via his secret off-shore company, "Quantum Fund NV", a private "investment fund" that handles a portfolio of 4 to 7 Billion US$ for several "clients". The Quantum Fund is registered in the tax haven of the Netherland Antilles in the Caribbean. In order to evade control of his financial activities by the U.S. administration not a single U.S. citizen sits on the board of Quantum. It's directors are a curious mixture of Swiss and Italian financiers... (excerpted)
He's what Noam Chomsky would be if he had billions of dollars to blow on his whims.
Wow, that's harsh. Why do you say that?
That's all I need to know. Now he's on my sh*t list.
The modern leftist does not want liberty but rather liberality. An iron fist in a velvet glove.