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Soros Waging Financial War on U.S.?
FR Forum ^

Posted on 11/28/2004 5:30:54 AM PST by shubi

Time magazine has characterized financier George Soros as a "modern-day Robin Hood," who robs from the rich to give to the poor countries of eastern Europe and Russia. It claimed that Soros makes huge financial gains by speculating against western central banks, in order to use his profits to help the emerging post-communist economies of eastern Europe and former Soviet Union, to assist them to create what he calls an "Open Society." The Time statement is entirely accurate in the first part, and entirely inaccurate in the second. He robs from rich western countries, and uses his profits to rob even more savagely from the East, under the cloak of "philanthropy." His goal is to loot wherever and however he can. Soros has been called the master manipulator of "hit-and-run capitalism."

As we shall see, what Soros means by "open," is a society that allows him and his financial predator friends to loot the resources and precious assets of former Warsaw Pact economies. By bringing people like Jeffrey Sachs or Sweden's Anders Aslund and their economic shock therapy into these economies, Soros lays the groundwork for buying up the assets of whole regions of the world at dirt-cheap prices.

The man who broke the Bank of England?

An examination of Soros's secretive financial network is vital to understand the true dimension of the "Soros problem" in eastern Europe and other nations.

(Excerpt) Read more at freerepublic.com ...


TOPICS: Business/Economy
KEYWORDS: conspiracy; currency; financial; kerrydefeat; manipulation; opensociety; soros
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Soros may be attempting to avenge the leftist loss by manipulating currency markets. He also speculates in gold and may be making millions from the Bush win and his ruthless intervention in markets.
1 posted on 11/28/2004 5:30:54 AM PST by shubi
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To: shubi

Several million even a few billion can't take down a 10 Trillion dollar economy. It only takes one wrong move in the speculative markets to wipe Soros out.


2 posted on 11/28/2004 5:42:09 AM PST by Always Right
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To: Richard Poe

Any input?


3 posted on 11/28/2004 5:44:00 AM PST by Luis Gonzalez (Some people see the world as they would want it to be, effective people see the world as it is.)
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To: shubi

What an insult to Robin Hood


4 posted on 11/28/2004 5:45:56 AM PST by jan in Colorado (The truth shall set you free)
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To: Always Right

And I believe there are lots of very smart people out there who will team up and they are just waiting for him to make the mistake that will take him down.


5 posted on 11/28/2004 5:46:01 AM PST by winodog (We need to water the liberty tree)
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To: shubi

Somebody with resources needs to take on this monster.


6 posted on 11/28/2004 5:47:29 AM PST by tkathy (There will be no world peace until all thuggocracies are gone from the earth.)
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To: Luis Gonzalez

This needs to be reported more in the media. Although Soros' tactics and obejectives are widely known in the financial community and, especially among Central Bankers, the average citizen and the average Democrat think he IS like Robin Hood or a white knight. The boys in the big markets know what he is about though.


7 posted on 11/28/2004 5:49:22 AM PST by JustDoItAlways
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To: shubi

I'm always wary of people with names that can be used in palindromes


8 posted on 11/28/2004 5:49:37 AM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: tkathy

Okay! Let's Roll!


9 posted on 11/28/2004 5:49:41 AM PST by SubMareener (Become a monthly donor! Free FreeRepublic.com from Quarterly FReepathons!)
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To: tkathy
"Somebody with resources needs to take on this monster."

You said it. Any suggestions?

10 posted on 11/28/2004 5:51:11 AM PST by Jackknife (.......Land of the Free,because of the Brave.)
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To: shubi
Soros specializes in weakening/collapsing the currencies of entire nations for his own selfish interests. Other people suffer so he can get rich. He "supports" anything that brings down societies (i.e., legalization of drugs, manipulating outcomes to the election, oppositions to the Iraq war, fronting radical left leaning groups like the Tide Foundation, etc.). He tries to portray himself as a person who wants equality for all, but in reality all he wants is to enrich himself and manipulate others.
11 posted on 11/28/2004 5:52:15 AM PST by Ginifer
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To: durasell
"I'm always wary of people with names that can be used in palindromes"

LOL! ..... hadn't thoughta that......

12 posted on 11/28/2004 5:54:40 AM PST by Jackknife (.......Land of the Free,because of the Brave.)
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To: jakkknife

I learned that from mom and dad.


13 posted on 11/28/2004 5:55:20 AM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: shubi

I recall good ol' George saying he would enter a monastery if Dubya won reelection. Any news? Has he donned a cloak and a chastity belt yet?
I won't bet the ranch on it. Sigh...


14 posted on 11/28/2004 5:55:21 AM PST by srm913
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To: jan in Colorado
What an insult to Robin Hood

Perhaps comparisons to "Friar Duck" would be more pertinent.

15 posted on 11/28/2004 5:56:56 AM PST by Fruitbat
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To: durasell

You know, you can also change the letters around, and it spells SO SOR.


16 posted on 11/28/2004 6:02:01 AM PST by Jackknife (.......Land of the Free,because of the Brave.)
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To: Luis Gonzalez

The more I read about Geroge Soros, the more he scares the crap outta me.

To think we're backing his guy in the Ukraine...


17 posted on 11/28/2004 6:02:52 AM PST by hchutch (A pro-artificial turf, pro-designated hitter baseball fan.)
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To: Ginifer

"Soros specializes in weakening/collapsing the currencies of entire nations for his own selfish interests. Other people suffer so he can get rich. He "supports" anything that brings down societies (i.e., legalization of drugs, manipulating outcomes to the election, oppositions to the Iraq war, fronting radical left leaning groups like the Tide Foundation, etc.). He tries to portray himself as a person who wants equality for all, but in reality all he wants is to enrich himself and manipulate others."

This is exactly what concerns me. I am also concerned that Soros seems to coordinate his activities with the leftist press. They are harping on the weakness of the dollar against the Euro lately. I would be that Soros is short on the dollar and investing in the Euro to make the spread steeper.

It would also not surprise me a bit to see Soros enriching Dan Rather and others of his ilk as a bribe to support his schemes. (I know this sounds like a conspiracy theory, but it really does need to be investigated)


18 posted on 11/28/2004 6:03:29 AM PST by shubi (Those who expect to reap the blessings of freedom,must undergo the fatigues of supporting it.)
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To: shubi

The left always uses Robin Hood as a model and an comparison to what they do. In reality, Robin Hood stole from the government who overtaxed the people and gave the people back their money, which is a tax cut. Robin Hood was a conservative.


19 posted on 11/28/2004 6:04:20 AM PST by Free2BeMe
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To: Free2BeMe

Conservatives don't wear tights :-)


20 posted on 11/28/2004 6:05:14 AM PST by shubi (Those who expect to reap the blessings of freedom,must undergo the fatigues of supporting it.)
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To: Free2BeMe

"The left always uses Robin Hood as a model and an comparison to what they do. In reality, Robin Hood stole from the government who overtaxed the people and gave the people back their money, which is a tax cut. Robin Hood was a conservative."

Well said! *Applause*


21 posted on 11/28/2004 6:05:35 AM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: srm913

Soros probably entered an Islamofacist monastery, which contains 72 "virgins".


22 posted on 11/28/2004 6:07:20 AM PST by shubi (Those who expect to reap the blessings of freedom,must undergo the fatigues of supporting it.)
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To: shubi

i postulated this a long time ago. whatever that's worth. not only soros, but his nanny, the EU.


23 posted on 11/28/2004 6:08:35 AM PST by the invisib1e hand (if a man lives long enough, he gets to see the same thing over and over.)
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To: jakkknife

Porter Goss has the resources. A tap on the shoulder and a warning should send Soros looking for a new game to play.


24 posted on 11/28/2004 6:09:43 AM PST by em2vn
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To: shubi

I don't know the details of Soros' methods, and I don't agree with his stated political goals, but if he is exploiting some ecenomic weakness that the US has, we have only ourselves as a nation to blame.

By this I mean that we are running up enormous and potentially dangerous budget deficits, tear after year after year. In the short-term, we can survive that and use it to attain short-term goals (eg, fund the war on terror), but sooner rather than later we must exercise fiscal restraint. We must also put in place mechanisms to maintain that restraint, and foster and promote ideas (an FR specialty!) to more productively invest our dollars.

We need meaningful tax simplification. This will promote economic freedom and creativity, and greatly reduce investment in non-productive resources (ie, IRS, tax accountants, tax attorneys, non-beneficial investments made as to avoid taxes), and reduce counter-productive stress on virtually every taxpayer.

We need meaningful tort reform for the same reasons.

We need significant abortion reform. As an evangelical Christian, I can only imagine how displeased God is with the moral decline in our country, beginning with this issue. I can only imagine the blessings He has waiting for us if only we turn our hearts toward Him. (I'm gonna get flamed by others out there, I know. Better by you than by Him.) Fear God, not George Soros.



25 posted on 11/28/2004 6:11:42 AM PST by Eccl 10:2 (Pray, pray, pray that we as a people are deserving of godly leaders.)
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To: hchutch

Yet Soros agrees that Putin is sending Russia right back into the old USSR days.


26 posted on 11/28/2004 6:12:23 AM PST by Luis Gonzalez (Some people see the world as they would want it to be, effective people see the world as it is.)
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To: Eccl 10:2
"We need significant abortion reform."

We don't need the government for that.

27 posted on 11/28/2004 6:13:23 AM PST by Luis Gonzalez (Some people see the world as they would want it to be, effective people see the world as it is.)
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To: shubi

Soros has had massive short positions on the US dollar.

Given its fall over the past 18 months and, especially in the last six, Soros may have doubled the billions he already had.


28 posted on 11/28/2004 6:13:54 AM PST by JustDoItAlways
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To: em2vn
"Porter Goss has the resources. A tap on the shoulder and a warning should send Soros looking for a new game to play."

Hmmmm ..... Porter Goss ..... Let's e-mail him!!

29 posted on 11/28/2004 6:14:11 AM PST by Jackknife (.......Land of the Free,because of the Brave.)
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To: Eccl 10:2
That would be "economic" weakness, and "year after year after year"

Spell-check twice, post once.
30 posted on 11/28/2004 6:15:07 AM PST by Eccl 10:2 (Pray, pray, pray that we as a people are deserving of godly leaders.)
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To: Luis Gonzalez

George Soros is NOT the kind of guy who I'd trust. This guy's anti-war on terror, and his view of an Open Society is pretty scary.

Between Soros and Putin, I'd prefer Putin.


31 posted on 11/28/2004 6:17:56 AM PST by hchutch (A pro-artificial turf, pro-designated hitter baseball fan.)
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To: hchutch
"Between Soros and Putin, I'd prefer Putin."

I prefer neither and distrust both equally.

32 posted on 11/28/2004 6:19:59 AM PST by Luis Gonzalez (Some people see the world as they would want it to be, effective people see the world as it is.)
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To: Free2BeMe
I'm irked by giving Soros the title of "capitalist". A capitalist creates wealth. He creates nothing. Soros only uses the misfortunes of others to transfer wealth to himself.
33 posted on 11/28/2004 6:20:15 AM PST by wolfpat
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To: JustDoItAlways
Soros has had massive short positions on the US dollar.

Soros has made his billions looking for asset balances that are out of kilter from reality (US$ vs Euro) for instance. He is much maligned for making a killing off of the collapse of the British pound a number of years ago. But who do you blame when a government intervenes in a market to prop up its currency and maintain a value contrary to the equilibrium free-market value? The speculator who sees the opportunity and takes advantage or the government that tries to manipulate the market in a sustained fashion over a long period of time?

34 posted on 11/28/2004 6:23:17 AM PST by AndyJackson
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To: shubi

Marking...


35 posted on 11/28/2004 6:25:08 AM PST by tubebender (If I had know I would live this long I would have taken better care of myself...)
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To: durasell

Who are other infamous 'palindromes' in recent history. You may be on to something, but I can't recall any. Is Clinton a palindrome? No....


36 posted on 11/28/2004 6:37:26 AM PST by Mr Chu 222
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To: shubi
Don't think your viewpoint contributes to a "conspiracy theory", IMPO I think you may be on-point. The MSM is anti-American (for the most part) and they would love nothing better than to see America on its knees (for example: overplay of Abu Garab, the Marine who "supposedly" shot an "unarmed/non-violent" insurgent (terrorist), etc. Who better than Soros and others like him to lead the way and the MSM to carry the banner.
37 posted on 11/28/2004 6:41:06 AM PST by Ginifer
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To: jakkknife
An anagram check comes up with a couple:

OGRE GORE SOS

EGG ROE OR SOS

GOOSE ROGERS

GEORGE OR SOS

38 posted on 11/28/2004 6:46:28 AM PST by Enterprise (The left hates the Constitution. Islamic Fascism hates America. Natural allies.)
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To: shubi

SOROS is a very strange character. He has an almost delusional view of himself as a great philosopher, and combines this with a lust for power and influence. This is the same combination we saw in Kim Il-Sung, and which is carried on in the propaganda for his son, and was true for Mao and Enver Hoxha and all the rest.

Soros is Jewish, but is uninterested in Jewish religion, and calls himself an atheist. (Actually, it is probably more accurate to say that he is his own god.) In his currency manipulations and his political gaming, and his advice-giving to various rulers, he almost perfectly fits the anti-semitic stereotype. Goebbels would have loved him. That is scary. It is almost as if Soros had read anti-semitic conspiracy theories, and just thought that they were good scripts worth acting out.

I should add that Soros shows almost no interest in Israel or its security. He certainly does not pull any strings on Israel's behalf. Likewise, he shows no loyalty to Western values except insofar as our freedoms allow him a base of operations. His hatred of President Bush seems to be a reaction to a leader of strength who is thus (in his eyes) a rival, and also a defender of traditions from which Soros has broken. Soros shows no such disdain for weak, inefficient, corrupt leaders, such as Kofi Annan. Soros seems to be the type of personality who prefers leaders like Kerry, who can be "good losers."

In his pro-Kerry campaign ads in the Wall Street Journal, Soros played himself up as someone who "made billions in the market," as if his currency manipulations would make him admirable to capitalistic conservatives. The subtext seemed to be saying, "Hey look, I am one of you, my fellow capitalist swine, and look how smart I must be! I must be a genius, so hearken to my opinions."


39 posted on 11/28/2004 6:49:14 AM PST by docbnj
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To: shubi

Bump


40 posted on 11/28/2004 6:51:47 AM PST by nw_arizona_granny (Today, please pray for God's miracle, we are not going to make it without him.)
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To: srm913

Well if he entered a monastery wouldn't he have to divest himself of all worldly possessions? There are numerous organizations that would welcome his donations. Somehow I think this is just about as likely as me winning the lottery. No, on second thought I think I stand a better chance of winning the lottery than ever seeing old Mr. Soros chanting in a monastery.

One thing for sure, the man is old and his end will come and all the money in the world won't stop death and what comes thereafter.


41 posted on 11/28/2004 6:53:07 AM PST by pepperdog
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To: Eccl 10:2
I agree we need tax restructuring. I am for a national sales tax and transaction tax that totally eliminates the IRS. The government has no business knowing the details of our income. (Have you heard about the new tax form: What was your income___________ Send it in.)

We need to get government completely out of abortion. The federal government has no authority under the Constitution to fund or regulate abortion. The States have no right to fund the murder of children in the womb. If leftists want to kill their children, that is fine with me and God would approve,too. One of the big advantages the Israelites had was their ability to raise many warriors, while the Baal worshipers were sacrificing their children to stone statues.
42 posted on 11/28/2004 6:56:55 AM PST by shubi (Those who expect to reap the blessings of freedom,must undergo the fatigues of supporting it.)
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To: docbnj
"Soros seems to be the type of personality who prefers leaders like Kerry, who can be "good losers."

I believe he likes the type of leaders who will defer to him, or to put it another way the type he can buy. He is a megalomaniac who would like to rule the world. Nothing is as important to him as personal power. He is a dangerous and corrupt person, a perfect Democrat.
43 posted on 11/28/2004 6:58:02 AM PST by pepperdog
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To: Ginifer; shubi; SubMareener
I'm not a Soros expert by any means, but what I have read about him convinces me that he is no Robin Hood on a crusade for the good. If he wants to make trouble in the short run, he can buy cheap dollars and disrupt the financial markets. However, in the long run, Soros has been sort of like a one-man United Way, since at least the early 90s picking and choosing among left wing causes and organizations. I wonder if now he is focusing his resources by directing money to the clintons and funding operations in their interest. According to Richard Poe a Soros-clinton connection is clear with his funding of CAP with $3M in 2003.

Today, [what Richard Poe calls the 'Democrat "digital brownshirt" movement'] is well-funded and tightly disciplined. Its headquarters is the Center for American Progress (CAP), a far-left think tank launched in July 2003. Headed by former Clinton Chief of Staff John Podesta and funded with $3 million from George Soros, CAP serves as the premier platform for Hillary Clinton’s political activism.

One of CAP’s missions, according to its charter, is to run "rapid response" media campaigns, for the purpose of debunking and discrediting troublesome press reports. In this respect, CAP’s mission echoes that of the so-called "War Room" which Hillary first operated during the 1992 presidential campaign. According to the Washington Post:

"The war room was set up to gather as much intelligence as possible and quickly turn it to Clinton’s advantage. Campaign advisors tried to anticipate what stories reporters were working on in hopes of shaping those stories before they were written."

Critical to the War Room’s success was James Carville’s so-called "rapid-response team" an elite band of spinmeisters who prided themselves on their ability to intercept a Clinton scandal report at midnight and turn it around to Clinton’s advantage by 7 am the next morning.

44 posted on 11/28/2004 7:02:36 AM PST by cloud8
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To: AndyJackson

Remember. Soros lost over a billion dollars when the IndoChina currency crisis hit.


45 posted on 11/28/2004 7:05:21 AM PST by AmericaUnited
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To: shubi

"I am for a national sales tax and transaction tax that totally eliminates the IRS."

Be careful about the transaction tax. If implemented as some propose, it becomes a huge obstacle to free flow of efficient investment by taxing all investment transactions, which would grind Wall Street to a halt.


46 posted on 11/28/2004 7:05:37 AM PST by Eccl 10:2 (Pray, pray, pray that we as a people are deserving of godly leaders.)
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To: Eccl 10:2

"By this I mean that we are running up enormous and potentially dangerous budget deficits, tear after year after year. In the short-term, we can survive that and use it to attain short-term goals (eg, fund the war on terror), but sooner rather than later we must exercise fiscal restraint."

Although I agree that fiscal restraint is in order, the budget deficit dangers are being overblown. Here's a good explanation from Thomas Sowell

http://www.townhall.com/columnists/thomassowell/ts20041125.shtml


47 posted on 11/28/2004 7:10:32 AM PST by ALPAPilot
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To: shubi
"One of the big advantages the Israelites had was their ability to raise many warriors, while the Baal worshipers were sacrificing their children to stone statues."

A future analysis of political power may read similarly:

One of the big advantages the Republicans had was their ability to raise many voters, while the Democrats were dedicated to killing their children through abortion.

48 posted on 11/28/2004 7:16:22 AM PST by Enterprise (The left hates the Constitution. Islamic Fascism hates America. Natural allies.)
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To: shubi

Gold, Eh??? Well, now I'll fix him. I'm going to sell both ounces tomorrow!!


49 posted on 11/28/2004 7:25:02 AM PST by meyer (Our greatest opponent is a candidate called Complacency.)
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To: shubi

Maybe someone could talk Bill Gates into "waging war" on Soros?

:P


50 posted on 11/28/2004 7:29:59 AM PST by Constantine XIII
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