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What's in this for George Soros?

Posted on 08/16/2004 1:15:57 PM PDT by Sir_Humphrey

Once again I call upon the great source of knowledge that is the Free Republic. Can somebody explain or point me to a source that shed light on who George Soros is and more importantly what he stands to gain financially from a Kerry victory? I can't beleive he is spending all this money for philosophical reasons. There has to be a big payday in store if his guy wins. Any help in providing a site or source that details this will be appreciated as I am starting a new career as a high school social studies (they used to call it history in my day) teacher.

Also, I hear rumors that he has hedged his bets against the US dollar. Is this true? If so, can one of my brother freepers explain in laymans terms how this is done and what it means?

As usual, thanks in advance for everyone's help.


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KEYWORDS: soros
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1 posted on 08/16/2004 1:16:00 PM PDT by Sir_Humphrey
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To: Sir_Humphrey

Soros is a nut ball Atheists who wants to remove
anything dealing with religon from public life and also a mad on to legalize the drug trade.


2 posted on 08/16/2004 1:18:11 PM PDT by jbwbubba (stunner)
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To: jbwbubba

Don't forget he's the biggest supporter of international gun control.


3 posted on 08/16/2004 1:19:08 PM PDT by TC Rider (The United States Constitution © 1791. All Rights Reserved.)
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To: All

Here list of rats Soros supports financially:
http://www.newsmeat.com/fec/bystate_detail.php?st=NY&last=Soros&first=George


4 posted on 08/16/2004 1:20:36 PM PDT by john_virtue
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To: TC Rider; jbwbubba

Thanks guys, but I am more interested in following the money.


5 posted on 08/16/2004 1:20:50 PM PDT by Sir_Humphrey
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To: Sir_Humphrey

You could probably run a search of Soros involvement in the former soviet republic of Georgia.


6 posted on 08/16/2004 1:21:36 PM PDT by cripplecreek (Here, bite down on this.)
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To: Sir_Humphrey

NRA's First Freedom did an extensive analysis of him sometime back. I beleive the name of the story was, "King George!" I have a look.


7 posted on 08/16/2004 1:21:49 PM PDT by Mr.Atos
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To: Sir_Humphrey
Do your homework. Search on George Soros either here on FR, or on Google, or both. You will find the answers to your questions that way.

Congressman Billybob

Latest column, "Says the Wuss: Ma, He's Touching Me"

If you haven't already joined the anti-CFR effort, please click here.

8 posted on 08/16/2004 1:22:15 PM PDT by Congressman Billybob (www.ArmorforCongress.com Visit. Join. Help. Please.)
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To: Sir_Humphrey
I don't vouch for this, but you asked....

NEIL CLARK / New Statesman 2jun03

[Review of this article below]

The billionaire trader has become eastern Europe's uncrowned king and the prophet of ''the open society''. But open to what? George Soros profiled by Neil Clark

George Soros is angry. In common with 90 per cent of the world's population, the Man Who Broke the Bank of England has had enough of President Bush and his foreign policy. In a recent article in the Financial Times, Soros condemned the Bush administration's policies on Iraq as "fundamentally wrong"—based as they were on a "false ideology that US might gave it the right to impose its will on the world".

Wow! Has one of the world's richest men—the archetypal amoral capitalist who made billions out of the Far Eastern currency crash of 1997 and who last year was fined $2m for insider trading by a court in France—seen the light in his old age? (He is 72.) Should we pop the champagne corks and toast his conversion?

Not before asking what really motivates him. Soros likes to portray himself as an outsider, an independent-minded Hungarian emigre and philosopher-pundit who stands detached from the US military-industrial complex. But take a look at the board members of the NGOs he organises and finances. At Human Rights Watch, for example, there is Morton Abramowitz, US assistant secretary of state for intelligence and research from 1985-89, and now a fellow at the interventionist Council on Foreign Relations; ex-ambassador Warren Zimmerman (whose spell in Yugoslavia coincided with the break-up of that country); and Paul Goble, director of communications at the CIA-created Radio Free Europe/Radio Liberty (which Soros also funds). Soros's International Crisis Group boasts such "independent" luminaries as the former national security advisers Zbigniew Brzezinski and Richard Allen, as well as General Wesley Clark, once Nato supreme allied commander for Europe. The group's vice-chairman is the former congressman Stephen Solarz, once described as "the Israel lobby's chief legislative tactician on Capitol Hill" and a signatory, along with the likes of Richard Perle and Paul Wolfowitz, to a notorious letter to President Clinton in 1998 calling for a "comprehensive political and military strategy for bringing down Saddam and his regime".

Take a look also at Soros's business partners. At the Carlyle Group, where he has invested more than $100m, they include the former secretary of state James Baker and the erstwhile defence secretary Frank Carlucci, George Bush Sr and, until recently, the estranged relatives of Osama Bin Laden. Carlyle, one of the world's largest private equity funds, makes most of its money from its work as a defence contractor.

Soros may not, as some have suggested, be a fully paid-up CIA agent. But that his companies and NGOs are closely wrapped up in US expansionism cannot seriously be doubted.

So why is he so upset with Bush? The answer is simple. Soros is angry not with Bush's aims—of extending Pax Americana and making the world safe for global capitalists like himself—but with the crass and blundering way Bush is going about it. By making US ambitions so clear, the Bush gang has committed the cardinal sin of giving the game away. For years, Soros and his NGOs have gone about their work extending the boundaries of the "free world" so skilfully that hardly anyone noticed. Now a Texan redneck and a gang of overzealous neo-cons have blown it.

As a cultivated and educated man (a degree in philosophy from the London School of Economics, honorary degrees from the Universities of Oxford, Yale, Bologna and Budapest), Soros knows too well that empires perish when they overstep the mark and provoke the formation of counter-alliances. He understands that the Clintonian approach of multilateralism—whereby the US cajoles or bribes but never does anything so crude as to threaten—is the only one that will allow the empire to endure. Bush's policies have led to a divided Europe, Nato in disarray, the genesis of a new Franco-German-Russian alliance and the first meaningful steps towards Arab unity since Nasser.

Soros knows a better way—armed with a few billion dollars, a handful of NGOs and a nod and a wink from the US State Department, it is perfectly possible to topple foreign governments that are bad for business, seize a country's assets, and even to get thanked for your benevolence afterwards. Soros has done it.

The conventional view, shared by many on the left, is that socialism collapsed in eastern Europe because of its systemic weaknesses and the political elite's failure to build popular support. That may be partly true, but Soros's role was crucial. From 1979, he distributed $3m a year to dissidents including Poland's Solidarity movement, Charter 77 in Czechoslovakia and Andrei Sakharov in the Soviet Union. In 1984, he founded his first Open Society Institute in Hungary and pumped millions of dollars into opposition movements and independent media. Ostensibly aimed at building up a "civil society", these initiatives were designed to weaken the existing political structures and pave the way for eastern Europe's eventual colonisation by global capital. Soros now claims, with characteristic immodesty, that he was responsible for the "Americanisation" of eastern Europe.

The Yugoslavs remained stubbornly resistant and repeatedly returned Slobodan Milosevic's unreformed Socialist Party to government. Soros was equal to the challenge. From 1991, his Open Society Institute channelled more than $100m to the coffers of the anti-Milosevic opposition, funding political parties, publishing houses and "independent" media such as Radio B92, the plucky little student radio station of western mythology which was in reality bankrolled by one of the world's richest men on behalf of the world's most powerful nation. With Slobo finally toppled in 2000 in a coup d'etat financed, planned and executed in Washington, all that was left was to cart the ex- Yugoslav leader to the Hague tribunal, co-financed by Soros along with those other custodians of human rights Time Warner Corporation and Disney. He faced charges of crimes against humanity, war crimes and genocide, based in the main on the largely anecdotal evidence of (you've guessed it) Human Rights Watch.

Soros stresses his belief in the "open society" propounded by the philosopher Karl Popper, who taught him at the LSE in the early 1950s. Soros's definition of an "open society"—"an imperfect society that holds itself open to improvement"—sounds reasonable enough; few lovers of genuine liberty would take issue with its central tenet that "the open society is a more sophisticated form of social organisation than a totalitarian one". But Soros's "open societies" don't tend to be all that open in practice.

Since the fall of Milosevic, Serbia, under the auspices of Soros-backed "reformers", has become less, not more, free. The recently lifted state of emergency saw more than 4,000 people arrested, many of them without charge, political parties threatened with bans, and critical newspapers closed down. It was condemned by the UN Commission on Human Rights and the British Helsinki Group. But there was not a murmur from the Open Society Institute or from Soros himself. In fairness, Soros has been far more critical of his former protégé Leonid Kuchma, president of the Ukraine, a country described by the former intelligence officer Mykola Melnychenko as "one big protection racket", and now possibly the most repressive police state in Europe.

But generally the sad conclusion is that for all his liberal quoting of Popper, Soros deems a society "open" not if it respects human rights and basic freedoms, but if it is "open" for him and his associates to make money. And, indeed, Soros has made money in every country he has helped to prise "open". In Kosovo, for example, he has invested $50m in an attempt to gain control of the Trepca mine complex, where there are vast reserves of gold, silver, lead and other minerals estimated to be worth in the region of $5bn. He thus copied a pattern he has deployed to great effect over the whole of eastern Europe: of advocating "shock therapy" and "economic reform", then swooping in with his associates to buy valuable state assets at knock-down prices.

More than a decade after the fall of the Berlin Wall, Soros is the uncrowned king of eastern Europe. His Central European University, with campuses in Budapest, Warsaw and Prague and exchange programmes in the US, unashamedly propagates the ethos of neoliberal capitalism and clones the next pro-American generation of political leaders in the region. With his financial stranglehold over political parties, business, educational institutions and the arts, criticism of Soros in mainstream eastern European media is hard to find. Hagiography is not. The Budapest Sun reported in February how he had been made an honorary citizen of Budapest by the mayor, Gabor Demszky. "Few people have done to Budapest what George Soros has," gushed Demszky, saying that the billionaire had contributed to "structural and mental changes in the capital city and Hungary itself". The mayor failed to add that Soros is also a benefactor of Demszky's own party, the Free Democrats, which, governing with "reform" communists, has pursued the classic Soros agenda of privatisation and economic liberalisation—leading to a widening gap between rich and poor.

The Soros strategy for extending Pax Americana differs from the Bush model, particularly in its subtlety. But it is just as ambitious and just as deadly. Left- liberals, admiring his support for some of their favourite issues such as gay rights and the legalisation of soft drugs, let him off lightly.

Asked about the havoc his currency speculation caused to Far Eastern economies in the crash of 1997, Soros replied: "As a market participant, I don't need to be concerned with the consequences of my actions." Strange words from a man who likes to be regarded as the saviour of civil society and who rails in print against "market fundamentalism".

source: http://www.mail-archive.com/marxism@lists.panix.com/msg45266.html 3jun03

9 posted on 08/16/2004 1:24:44 PM PDT by Camachee (`)
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To: Sir_Humphrey
Try this.
10 posted on 08/16/2004 1:24:46 PM PDT by A.A. Cunningham
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To: Sir_Humphrey
Once again I call upon the great source of knowledge that is the Free Republic. Can somebody explain or point me to a source that shed light on who George Soros is and more importantly what he stands to gain financially from a Kerry victory?

Soro's plays the money market. He sells short on the dollar. Right now, he needs a drop in the value of the American currency. He sells when the dollar is high, and buys when the dollar is low. That's how he makes his millions.
Bush is raising the value of the dollar. He can sell high. A Kerry presidency would lower the dollar value. He could buy low, and make millions.
(Plus, he's a flaming communists. It's also a personal motive to elect Kerry).

11 posted on 08/16/2004 1:24:50 PM PDT by concerned about politics ( Liberals are still stuck at the bottom of Maslow's Hierarchy)
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To: Sir_Humphrey
The guy that "broke the Bank of England?" His bets against the pound made him (more?)famous. Maybe he has a HUGE bet against the dollar "off the books" someplace and knows that a Kerry win will "kill the US dollar?

He also backs maryjuwnana for all I believe and supposedly supports "freedom" in the newly free Eastern Bloc countries

ALL in ALL, his history is 'stealing more of the pie' instead of working to enlarge it for all as most free market folks would.

12 posted on 08/16/2004 1:24:56 PM PDT by litehaus
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To: john_virtue
Very interesting and encouraging. It Seems that all of his investments in the last cycle except for well entrenched incumbents lost. Maybe he is the kiss of death in close races.
13 posted on 08/16/2004 1:25:10 PM PDT by bilhosty (The power to tax is the power to destroy. Let's use it!)
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To: Sir_Humphrey

It is very common for extremely rich men at some point to try to cash in some of their wealth to get power.

We don't have to come up with a secret way for him to make money out of the deal to realize he's not a nice person.


14 posted on 08/16/2004 1:25:37 PM PDT by Restorer
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To: Sir_Humphrey

I know you're not interested in philosophy. But George Soros is a committed internationalist. Kerry has promised to promote all the UN human rights treaties which erode our sovereignty. If the promoters of the "international human rights" system ever have their way, individual nations might be able to pass their own traffic laws without international interference, but little else.

Maybe erosion of national sovereignty serves Soros' business and financial interests, too. Who knows?


15 posted on 08/16/2004 1:26:38 PM PDT by lady lawyer
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To: Camachee
What's in this for George Soros? .........................................'YUKOS'

hmmmmmmmmmmm

16 posted on 08/16/2004 1:29:58 PM PDT by maestro
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To: Sir_Humphrey

He is a wealthy Hungarian jew that escaped nazism by going to the UK. He attended the London Scool of Economics and went on to earn a PHD. He is known as the man who broke the bank of England by betting agaainst the pound. He made in one day over $600m.


17 posted on 08/16/2004 1:33:23 PM PDT by bubman
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To: lady lawyer

I would agree that there is a lot more financial reasons (the philosophical reasons are probably just sophistry) for Soros to do what he is doing. I suspect one of them is that he got cut out of the UN leaching in the Oil for food program when we liberated Iraq. He probably had his fingers in that pie.


18 posted on 08/16/2004 1:34:50 PM PDT by Credo
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To: Sir_Humphrey

Just my personal opinion, but I think he misses communism. Wants Kerry to win so the U.S. can "go communist", as j.F'n Kerry's good friend Jane Fonda advocates.


19 posted on 08/16/2004 1:35:47 PM PDT by stumpy
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To: lady lawyer; Restorer; Sir_Humphrey
I agree with lady lawyer and Restorer. People with unlimited means have long since run out of the need to use their money for direct personal gratification. They go the indirect route: they want to use their money to change the world. Notice the many left-wing causes that Teresa Heinz Kerry supports. There are a variety of psychological paradigms for this behavior such as the Christian women who wanted to buy their way into heaven, or men with Messiah complexes. They have their reasons, but it is not necessarily to be understood through analyzing how their advocacy will make them even more money.

I've read parts of Karl Popper's books on The Open Society. He's a decent thinker, and extended the scholarship on Plato, and by the way, distinctly rejects the ideology of Karl Marx.

Bottom line, just as many, even most, educated people accept faulty reasoning and conclude that improving the world is aligned with left-wing thinking, the same goes for billionaires.

20 posted on 08/16/2004 1:36:15 PM PDT by NutCrackerBoy
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