The Maine Herritage Policy Center & The Herritage Foundation
Holds a Joint Press Conference in Bangor
Holds a Joint Press Conference in Bangor
One thousand dollars a year; that's how much the Maine Heritage Policy Center says the average Mainer would lose
each year, for the next 10 years, under President Obama's new tax plan.
The Think Tank held a joint press conference in Bangor today with the Heritage Foundation, based out of Washington
DC.
Both groups say the president's plan is deceiving, because it appears to only affect those making 200-thousand dollars or
more.
But, they say, the trickle down effect from those higher taxes will affect all Mainers, including an average of 32-hundred
job losses annually, for the next decade.
TV 5 contacted the Maine Democratic Party for comment.
Arden Manning, victory 2010 campaign manager said, "President Obama is proposing a plan that will benefit struggling,
middle-class Americans. The Maine Heritage Policy Center is more concerned with saying "no" than what is best for our
State and our Nation.
each year, for the next 10 years, under President Obama's new tax plan.
The Think Tank held a joint press conference in Bangor today with the Heritage Foundation, based out of Washington
DC.
Both groups say the president's plan is deceiving, because it appears to only affect those making 200-thousand dollars or
more.
But, they say, the trickle down effect from those higher taxes will affect all Mainers, including an average of 32-hundred
job losses annually, for the next decade.
TV 5 contacted the Maine Democratic Party for comment.
Arden Manning, victory 2010 campaign manager said, "President Obama is proposing a plan that will benefit struggling,
middle-class Americans. The Maine Heritage Policy Center is more concerned with saying "no" than what is best for our
State and our Nation.
Obama, Ahmadinejad, Black Panthers & Farrakhan Hold ‘Secret’ NY Rendezvous
Posted on September 26, 2010 at 11:21pm by Meredith Jessup
Mahmoud Ahmadinejad’s trip to New York City reportedly expanded beyond meeting with foreign dignitaries at the United Nations. According to the
New York Post, the Iranian president’s six-night stay also included a “secret sit-down” with militant Nation of Islam minister Louis Farrakhan and
members of the New Black Panther Party:
The president shared a hush-hush meal with Farrakhan and members of the New Black Panther Party Tuesday at the Warwick Hotel on West 54th
Street.
The meeting of the podium smackers took place in a banquet room, where the fiery leaders presumably exchanged theories on what’s wrong with the
world.
Farrakhan has a history of meeting with controversial foreign leaders and has been criticized for being anti-Semitic. In 1984, Farrakhan traveled with
Rev. Jeremiah Wright to meet with Libya’s de facto leader Muammar Khadafi.
Upon his arrival back in the United States, Farrakhan delivered a sermon condemning the state of Israel:
Now that nation called Israel never has had any peace in 40 years and she will never have any peace because there can be no peace structured on
injustice, thievery, lying and deceit and using the name of God to shield your gutter religion under His holy and righteous name.
The Post characterized Ahmadinejad’s New York visit as “paranoia on parade,” noting that the foreign leaders’ traveling entourage took up about 90
hotel rooms with more than 20 for security alone.
He never set foot in the lobby. Bulletproof glass was installed over room windows. When he left for meetings at the Iranian Mission, on Third Avenue,
or the United Nations, he departed by an employee entrance, the path covered in a white tent — a veritable tunnel to his vehicle. His head was covered
with a white cloth. No one saw him on the street.
Rep. Barney Frank, immersed in one of the toughest political fights of his career, took a free private jet to the
Virgin Islands courtesy of a Maine -( D ) congresswoman’s billionaire fiance — whose company received a
$200 million federal bailout, the Herald has learned.
Frank, who’s facing feisty Republican challenger Sean Bielat, flew to the tropical paradise for a vacation in 2009 on a
$25 million jet owned by Paloma Partners honcho S. Donald Sussman, the fiance of U.S. Rep. Chellie Pingree (D-
Maine). Paloma Securities — a subsidiary of Sussman’s Greenwich, Conn.-based hedge fund — received $200
million in 2009 as part of the $180 billion federal bailout of troubled insurance giant AIG, records show.
Frank, who chairs the House Financial Services Committee, said his " partner " , Jim Ready, lives in Pingree’s
district and the couples are “personal friends.”
Virgin Islands courtesy of a Maine -( D ) congresswoman’s billionaire fiance — whose company received a
$200 million federal bailout, the Herald has learned.
Frank, who’s facing feisty Republican challenger Sean Bielat, flew to the tropical paradise for a vacation in 2009 on a
$25 million jet owned by Paloma Partners honcho S. Donald Sussman, the fiance of U.S. Rep. Chellie Pingree (D-
Maine). Paloma Securities — a subsidiary of Sussman’s Greenwich, Conn.-based hedge fund — received $200
million in 2009 as part of the $180 billion federal bailout of troubled insurance giant AIG, records show.
Frank, who chairs the House Financial Services Committee, said his " partner " , Jim Ready, lives in Pingree’s
district and the couples are “personal friends.”
Best Buddies
Beck Editor’s note: The following outline was obtained by The Blaze from
Glenn Beck’s TV team. It is the background document they used to produce
" George Soros exposed ". It has been edited for form but not content:
BACKGROUND George Soros EXPOSED
“Messianic Fantasies”
“It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about
it now since I began to live it out,” (The Independent, June 3, 1993)
“I admit that I have always harbored an exaggerated view of self-importance –to put it bluntly, I fancied myself as some
kind of god or an economic reformer like Keynes or, even better, a scientist like Einstein,” (The Alchemy of Finance,
George Soros)
According to friend Byron Wien (now with the Blackstone Group), “You must understand he thinks he’s been anointed by
God to solve insoluble problems. The proof is that he has been so successful at making so much. He therefore thinks he has
a responsibility to give money away,” (Time Magazine, Sept 1, 1997)
“If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control,
otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies
to the extent that I could afford.”
George Soros 60 Minutes Interview – 12/20/98 / Transcript:
KROFT: Are you religious?
Mr. SOROS: No.
KROFT: Do you believe in God?
Mr. SOROS: No.
KROFT: (Voiceover) Soros told us he believes God was created by man, not the other way around, which may be why he
thinks he can smooth out the world’s imperfections.
“THE MAN WHO BROKE THE BANK OF ENGLAND”
“As September 15 wore on, George Soros’s confidence that Britain would pull the pound out of the ERM was growing. It
had been Stanley Druckenmiller who had thought the time ripe for making a bet against the sterling. He talked to Soros
about doing something. Soros gave him the green light but urged his head trader to bet an even larger sum than
Druckenmiller had in mind. And so Druckenmiller, acting for Soros, sold $10 billion worth of sterling… The next morning at
7:00, the phone rang at Soros’s home. It was Stan Druckenmiller with news… While George Soros had slept, he racked a
profit $958 million. When Soros’s gains from other positions he took during the ERM crisis were tallied, he racked up close
to $2 billion… It was this bet, this single act of placing $10 billion on the fact that Britain would have to devalue the pound,
that made George Soros world famous,” (SOROS THE UNAUTHORIZED BIOGRAPHY, pgs 5-6).
“He famously shorted the British pound in 1992, wagering $10 billion on a drop in its value. In a desperate bid to keep its
currency afloat, the Bank of England tried to buy up pounds as fast as Soros could dump them. However, as more and
more investors followed Soros’ lead and joined his efforts, the Bank of England eventually gave up. The British pound was
devalued, launching a tsunami of financial turmoil from Tokyo to Rome. When it was over, millions of hardworking Britons
confronted their diminished savings, while Soros counted his gains. He had personally made nearly $2 billion on the
catastrophe,” (The Shadow Party, pg. 4).
Soros has said of this event: “I had no platform, so I deliberately [did] the sterling thing to create a platform. Obviously
people care about the man who made a lot of money…my influence has continued to grow and I do have access to,”(Time
Magazine, Sept 1, 1997)
In 1997, during the Asian financial crisis, the then Malaysian Prime Minister, Mahathir bin Mohamad, accused him of
bringing down the Malaysian currency, the ringgit, through his trading activities. In Thailand he was branded an “economic
war criminal” who “sucks the blood from the people”.
REVOLUTIONS
“Just write that the former Soviet Empire is now called the Soros Empire,” (The New Republic, Jan 1994)
“I am acting out a fantasy and so is Eastern Europe. A psychiatrist once told me how dangerous it is to act out fantasies and
I am beginning to see what he meant,” (http://www.osi.hu/oss/postscript.html)
ANTI-SEMITISM
In a 1998 nterview with Steve Kroft, Soros was asked if he felt guilty about confiscating property from Jews as a teenager.
He responded, “No.”
“I don’t deny the Jews their right to a national existence–but I don’t want to be part of it.”That experience notwithstanding,
Soros has chosen to exclude Israel and Jewish causes, by and large, from his massive philanthropy-a decision that has
caused comment among one of his colleagues in the financial community, particularly those who are strong supporters of
Israel. In Hungary, Soros has been subject to anti-Semitic attacks. Referring to being a target, Soros, in his book
“Underwriting Democracy,” wrote, “I am ready to stand up and be counted.” When I mentioned that rather suggestive line
to Soros during one of several extended interviews with him, he responded quickly, “Right. It took me a long time.”
He continued, “My mother was quite anti-Semitic, and ashamed of being Jewish. Given the culture in which one lived, being
Jewish was a clear-cut stigma, disadvantage, a handicap-and, therefore, there was always the desire to transcend it, to
escape it.” He confirmed what someone had told me-that his family name had long ago been changed from Schwartz. “So
the assimilationist Jews of Hungary had a deep sense of inferiority and it took me a long time to work through that,” he said,
adding, however, that he succeeded in doing so many years ago… “I am escaping the particular. I think I am doing exactly
that by espousing this universal concept”-of open society. “In other words, I don’t think that you can ever overcome anti-
Semitism if you behave as a tribe… the only way you can overcome it is if you give up the tribalness.”
(Source: THE WORLD ACCORDING TO SOROS by CONNIE BRUC, The New Yorker, January 23, 1995,)
“As I looked around me for a worthy cause. I ran into difficulties. I did not belong to any community. As a Hungarian Jew I
had never quite become an American. I had left Hungary behind and my Jewishness did not express itself in a sense of tribal
loyalty that would have led me to support Israel,” (http://www.osi.hu/oss/ch1.html)
INFO ON NAME CHANGE FROM SHWARTZ TO SOROS
Born in Hungary in 1930, Mr. Soros began life as George Schwartz. His father, Tivadar, was from humble origins; his
mother, Erzebet, from money. Both were Jews, but nonobservant (she eventually converted to Catholicism). Once married,
Tivadar had to work just two hours a day managing some of his wife’s family property, which provided a handsome living
for them and their two sons, Paul and George. At some point during the boys’ childhood, the parents decided to change the
family name and chose the Hungarian-sounding but in fact obscure Soros. It means “soar” (in the future tense) in Esperanto,
the made-up trans-European language promoted by those who dreamed of a world free of nationality. Tivadar was among
its leading proponents. (Source: The Mind of George Soros; Meet the Esperanto enthusiast who wants to save the world
from President Bush, 2 March 2004, The Wall Street Journal)
Before the end of the war, however, Soros’ upper-middle-class world had inverted. The family posed as Christians and
separated to hide from the Germans. They changed their name from Schwartz (considered too Jewish-sounding) to Soros
(more reflective of the family’s Hungarian roots and because his father liked the palindrome). (The elusive billionaire: An
author tries valiantly to capture the essence of philanthropist George Soros, Vancouver Sun, 20 April 2002)
MORE ON TIVADAR SOROS
The other day, George Soros and his older brother Paul, an engineer turned investor-philanthropist, met in the offices of
Soros Fund Management to discuss their father. The occasion was the English-language publication of Tivadar Soros’s
wartime memoir, “Masquerade: Dancing Around Death in Nazi-Occupied Hungary,” which was first published in 1965 in
Esperanto, one of six languages in which Soros pere was fluent.
“It was his nature, regardless of difficulties, to believe that one must behave like a human being and one must make the most
of life,” Paul Soros said, explaining the charm and ebullience of his father, who, in the book, is described by his five-year-
old son George as “a married bachelor,” and who, even when living semi-reclusively under an assumed Christian identity,
never missed his daily swim. “I remember during the siege we went to the opera, because at a time when there was no food
the opera still served very nice hors d’oeuvres and patisserie. Whether or not it was prudent, the idea was that you should
make the most of your circumstances.”
George, who, like Paul, has inherited his father’s broad face, pointed out that Tivadar’s fondness for the comforts of
bourgeois life was not accompanied by a docile bourgeois sensibility. “We didn’t preserve ordinariness,” George said. “He
made us very conscious that these were extraordinary times and that the normal rules didn’t apply.” In the book, Tivadar
writes that at one point young George was required by the authorities to deliver notices to certain Jews that they should
report to the Rabbinical Seminary with blankets and food. “This was a profoundly important experience for me,” George
said. “My father said, ‘You should go ahead and deliver them, but tell the people that if they report they will be deported.‘
The reply from one man was ’I am a law-abiding citizen. They can’t do anything to me.’ I told my father, and that was an
occasion for a lecture that there are times when you have laws that are immoral, and if you obey them you perish.”
“Masquerade” contains a great deal of black social comedy; a running theme is Tivadar’s efforts to convince his recalcitrant
mother-in-law that, all things considered, it really would be best if she stopped regarding the occupation as a personal insult.
(”I refuse to go anywhere if the people don‘t know who I am and I have to pretend I’m somebody else all the time,” she
said of his attempts to find a safe house for her.) Tivadar’s own ease with his assumed identity-he grew a mustache, and
went by Elek Szabo-led him, one day during an air raid, to tell a neighbor in the shelter about the time he approached the
podium on which Hitler was standing at the 1936 Winter Olympics, just to see how close he could get. “Hardly fifteen
minutes had passed after my tale when there was suddenly a great commotion,” Tivadar wrote. “The shelter commander
appeared, surrounded by several officers. . . . It transpired that the air-defense commander, in great excitement that there
was someone present who had seen Hitler, had radioed headquarters and a group had come over right away to see this
privileged person.”
Tivadar’s energies, though, were largely devoted to the extremely serious business of procuring papers to save relatives and
friends from a new, unimaginable form of terror. “My father was ahead of the curve, because he recognized the moment the
Germans came in that this was a different world and one had to act differently,” George said. He and Paul agreed that they
still try to live by their father’s resourceful example. “The funny thing is that in character we probably both inherited a lot
more from our mother,” George said.
GLOBALIZATION
Soros has long been calling for increased globalization. In “The Crisis of Global Capitalism,” 1998 he writes: “To stabilize
and regulate a truly global economy, we need some global system of political decision-making. In short, we need a global
society to support our global economy. A global society does not mean a global state. To abolish the existence of states is
neither feasible nor desirable; but insofar as there are collective interests that transcend state boundaries, the sovereignty of
states must be subordinated to international law and international institutions. Interestingly, the greatest opposition to this
idea is coming from the United States. But there has never been a time when a strong lead from the U.S. and other like-
minded countries could achieve such powerful and benign results. With the right sense of leadership and with clarity of
purpose, the U.S. and its allies could help to stabilize the global economic system and to extend and uphold universal human
values. The opportunity is waiting to be grasped.”
(Source: The Crisis of Global Capitalism.(book excerpt), George Soros, 7 December 1998, Newsweek)
During this year he called for greater authority to institutions such as the World Bank and the International Monetary Fund
(IMF) and for an International Credit Insurance Corp. to establish some kind of supervision over national supervisory
authorities and stated, “At the same time, there remains the urgent need for Congress to authorise an increase in the capital
of the IMF.“ He admitted that such ”radical ideas“ could not even be considered until Congress ”changes its attitude toward
international institutions in general and the IMF in particular.” (Source: Soros calls for global credit insurance agency, 15
September 1998, Reuters News)
Soros has said that the United States would cease to be the world’s undisputed dominant force. “The veto power that we
have in the International Monetary Fund will disappear. We will be downsized. At the same time, hopefully, we will have a
better working system and opponents will be more downsized than we will.”
(Source: BOSTON, Oct. 29 — Massachusetts Institute of Technology press release via Factiva)
“The Bubble of American Supremacy,”: “The disparity between private goods and public goods manifests itself in a number
of ways. First, there is a growing inequality between rich and poor, both within countries and among countries. Admittedly,
globalisation is not a zero-sum game: its benefits exceed the costs in the sense that the increased wealth produced by
globalisation could be used to make up for the inequities and other shortcomings of globalisation and there would still be
some extra wealth left over.
The trouble is that the winners do not compensate the losers either within states or between states. The welfare state as we
know it has become unsustainable and international income redistribution is practically nonexistent. Total international
assistance amounted to $US56.5 billion ($74.4 billion) in 2002. This amount represents only 0.18 per cent of global GDP.
As a result, the gap between the rich and the poor continues to grow.”
(Source: Edited extract from The Bubble of American Supremacy by George Soros via The Sydney Morning Herald,
February 4, 2004)
KARL POPPER
SOROS’ PHILOSOPHY
At the London School of Economics, Soros discovered the work of philosopher Karl Popper, whose ideas on open
society had a profound influence on his thinking. He was attracted to Popper’s critique of totalitarianism, The Open Society
and Its Enemies, which maintained that societies can only flourish when they allow democratic governance, freedom of
expression, a diverse range of opinion, and respect for individual rights. Later, working as a trader and analyst, he adapted
Popper to develop his own “theory of reflexivity,” a set of ideas that seeks to explain the relationship between thought and
reality, which he used to predict, among other things, the emergence of financial bubbles. Soros began to apply his theory to
investing and concluded that he had more talent for trading than for philosophy. In 1967 he helped establish an offshore
investment fund; and in 1973 he set up a private investment firm that eventually evolved into the Quantum Fund, one of the
first hedge funds. http://www.soros.org/about/bios/staff/george-soros
QUOTES FROM “The Open Society and Its Enemies: Hegel and Marx,” by Karl Popper (Vol. 2), by Karl Popper
The development of capitalism has led to the elimination of all classes but two, a small bourgeiouse and a huge proletariat:
and the increase of misery has forced the latter to revolt against its exploiters. The conclusions are, first, that the workers
must win the struggle, secondly that, by eliminating bourgeiouse, they must establish a classless society, since only one class
remains. (pg 151-152)
But all over the earth, organized political power has begun to perform far-reaching economic functions. Unrestrained
capitalism has given way to a new historical period, to our own period of political interventionism, of the economic
interference of the state. Interventionism has assumed various forms. There is the Russian variety; there is the fascist form of
totalitarianism; and their s the domestic interventionism of England, of the United States, and the “Smaller Democracies” led
by Sweden where the technology of democratic intervention has reached the highest level so far. (pg 155)
Admittedly, increasing misery must produce resistance, and it is even likely to produce rebellious outbreaks. But the
assumption of our argument is that the misery cannot be alleviated until victory has been won in the social revolution. (pg
163)
I am not in all cases and under all circumstance against a violent revolution. (pg 166)
…the working of democracy rests largely upon the understanding that a government which attempts to misuse its powers
and to establish itself as a tyranny (or which tolerates the establishment of a tyranny by anybody else) outlaws itself, and that
the citizens have not only a right, but also a duty to consider the action of such government a crime, and its members as a
dangerous gang of criminals. (pg 167)
MORE ABOUT KARL POPPER
http://www.hoover.org/publications/hoover-digest/article/8018
Although compelled to leave his native Austria in the 1930s (because of his Jewish ancestry), his book is remarkably free
from personal bitterness or sadness.
He did not shrink from tracing the sources of those dangerous ideas to Marx, to Hegel, and even to that greatest of all
philosophers, Plato. At a time when many intellectuals had lost faith in democracy, Popper offered a spirited defense of
democratic principles and outlined a compelling vision of a society grounded in democratic reforms.
Popper was a fallibilist, one who perceives great error and danger in any theory of knowledge—or regime—that claimed to
offer certain truth. In such a system, there would be no incentive to establish social and political structures that promote
learning or the free exchange of ideas; truth is already at hand. In the name of historical progress, the regime may then justify
the squelching of human freedoms and even atrocities on a grand scale.
George Soros, who first encountered The Open Society as Popper’s student at the London School of Economics, founded
the Open Society Institute to propagate Popper’s ideas, particularly in Eastern Europe. Thus the political philosophy
Popper first articulated before the start of the Cold War is now being studied and put into practice in countries newly
emerging from behind the Iron Curtain.
He left school at age sixteen and began auditing lectures at the University of Vienna. Although a Marxist as a teenager, he
was repelled in 1919 by the leftist-inspired street violence of postwar Vienna that resulted in the deaths of demonstrators.
That same year, he studied Freud’s psychoanalysis and worked for a time with psychiatrist Alfred Adler.
In 1922 he matriculated at the University of Vienna. To support himself, he apprenticed himself to a cabinetmaker and took
up social work. Pursuing his goal of becoming a schoolteacher, Popper subsequently returned to the university. In 1928, he
earned a Ph.D. in philosophy and, in 1929, a teacher’s certificate. Beginning in the late 1920s, Popper began interacting
with members of the famous Vienna Circle of logical positivists, a group of prominent intellectuals trying to articulate the
importance of science for philosophy. Shortly after publishing (in German) a then little-noticed but classic work on the
logical foundations of science in 1934, Popper left Austria under the threat of Nazi anti-Semitism. From New Zealand,
where he had obtained a university teaching post, he returned to England after World War II as professor of philosophy of
science at the London School of Economics, where he remained until his retirement.
SOROS’ CURRENT TIES
SOROS AND PRESIDENT OBAMA
In December 2006, Soros met with presidential hopeful Barack Obama in Soros’ New York office. Soros had previously
hosted a fundraiser for Obama during his 2004 campaign for the Senate.
On January 16, 2007, Obama announce the creation of a presidential exploratory committee and within hours Soros sent a
contribution of $2,100, the maximum allowable under campaign finance laws.
Days after Obama was elected in November of 2008, Soros said in an interview “I think we need a large stimulus package
which will provide funds for state and local government to maintain their budgets – because they are not allowed by the
constitution to run a deficit. For such a program to be successful, the federal government would need to provide hundreds
of billions of dollars. In addition, another infrastructure program is necessary. In total, the cost would be in the 300 to 600
billion dollar range.” Since then, Congress passed a $787 billion stimulus and Obama very recently introduced a $50 billion
plan to improve the country’s transportation program, saying “I want America to have the best infrastructure in the world.”
In that same interview, Soros called for cap & trade: “I think this is a great opportunity to finally deal with global warming
and energy dependence. The US needs a cap and trade system with auctioning of licenses for emissions rights. I would use
the revenues from these auctions to launch a new, environmentally friendly energy policy. That would be yet another federal
program that could help us to overcome the current stagnation.” Since then, Congress has introduced cap & trade
legislation. (More info in “going green” section)
Also in that interview, Soros said “In 2010, the Bush tax cuts will expire and we should not extend them.” Since then,
Obama expressed his opposition to the Bush tax cuts in an interview with ABC on September 9th: “All those middle class
folks who need tax relief hostage right now in order to provide tax breaks for the top two percent wealthiest Americans,
who don’t need a tax break, aren’t asking for a tax break. And you know, if we could afford it, it’d be one thing. But we
know that’s gonna cost $700 billion over ten years. And so, that is not a smart thing to do for the economy”
Soros is also on board with Obama’s proposals to reform the banking system. In an interview with the BBC: Interviewer:
Now President Obama last week announced some quite radical proposals to reform the banking system. He wants them
out of what he calls “proprietary trading”, using their capital to speculate on their own account, and also he wants a limit on
their size. Are these constructive measures in your view? Soros: Very much so these are the right … it goes in the right
direction. In my opinion, it doesn’t actually go far enough because it still leaves the problem of too big to fail. In other
words, if you let’s say now again Goldman Sachs gives up its banking license, it becomes then an investment bank …
January 2010, http://news.bbc.co.uk/2/hi/business/davos/8485029.stm
Since Obama’s been in office, Soros has made four visits to the White House
ALSO IN HIS 2008 INTERVIEW:
Soros: “I think this is a great opportunity to finally deal with global warming and energy dependence. The US needs a cap
and trade system with auctioning of licenses for emissions rights. I would use the revenues from these auctions to launch a
new, environmentally friendly energy policy. That would be yet another federal program that could help us to overcome the
current stagnation.
SPIEGEL: Your proposal would be dismissed on Wall Street as “big government.” Republicans might call it European-style
“socialism.”
Soros: That is exactly what we need now. I am against market fundamentalism. I think this propaganda that government
involvement is always bad has been very successful — but also very harmful to our society.
SPIEGEL: Would you advise the new president to say that publicly?
Soros: He has already spoken about changing the political discourse. I think it is better to have a government that wants to
provide good government than a government that doesn’t believe in government.
WILL ANOTHER FISCAL STIMULUS BE NEXT?
“The simple truth is that the private sector does not employ available resources. Mr. Obama has in fact been very friendly to
business, and corporations are operating profitably. But instead of investing, they are building up liquidity. Perhaps a
Republican victory would boost their confidence, but in the meantime, investment and employment require fiscal stimulus,”
(Financial Times, Oct. 4, 2010)
LAUNCHING A WAR AGAINST PRESIDENT BUSH
Soros told the Washington Post: “I have made rejection of the Bush doctrine the central project of my life… America,
under Bush, is a danger to the world. And I’m willing to put my money where my mouth is.”
Also during that election: “This is the most important election of my lifetime. These aren’t normal times. The ends justify
every legal means possible.”
Read more http://www.newyorker.com/archive/2004/10/18/041018fa_fact3?currentPage=3#ixzz0xAm1jvyV
SOROS AND VAN JONES
Soros has also supported Van Jones – Originally through the Open Society Institute which gave the Ella Baker Center
$151,800 in 2006 and $140,000 in 2007. Van Jones was head of the Ella Baker Center during those years. OSI also
funded Green for All in 2008 – they received a grant in the amount of $75,000 to “integrate the Civic Justice Corps into
Green For All’s campaign to create a national Clean Energy Corps.” while Van Jones was running it. Van Jones later
appeared as a senior fellow at the Center for American Progress. Additionally, OSI helped fund TIDES which then started
the Apollo Alliance (where Van Jones sat on the board).
CAP & TRADE
Soros is also a huge proponent of cap and trade. The sot below sounds very similar to VAN JONES’ “We’renot going to
put a new battery in a broken system.”
SOROS: “work on a better world order where we work together to resolve problems that confront humanity like global
warming. And I think that dealing with global warming will require a lot of investment.
SOROS: You see, for the last 25 years the world economy, the motor of the world economy that has been driving it was
consumption by the American consumer who has been spending more than he has been saving, all right? Than he’s been
producing. So that motor is now switched off. It’s finished. It’s run out of — can’t continue. You need a new motor. And
we have a big problem. Global warming. It requires big investment. And that could be the motor of the world economy in
the years to come…Instead of consuming, building an electricity grid, saving on energy, rewiring the houses, adjusting your
lifestyle where energy has got to cost more until it you introduce those new things. So it will be painful. But at least we will
survive and not cook.
MOYERS: You’re talking about this being the end of an era and needing to create a whole new paradigm for the economic
model of the country, of the world, right?
GEORGE SOROS: Yes.
VIDEO: http://green.blogs.nytimes.com/2008/10/14/george-soros-on-the-green-energy-economy/
MORE ON GREEN INITIATIVES
In 2009, Soros announced the formation of the Climate Policy Initiative to address global warming, and said he would fund
it with $10 million a year over 10 years
Friends of the Earth is another group that receives Soros money. In 2008 they received $50,000 from OSI to “build and
support an international network of organizations dedicated to improving the environmental, social and developmental
impacts of Chinese overseas investments.” Friends of the Earth also received $180,000 from Tides Foundation in 2008 to
“integrate a climate equity perspective in the presidential transition.”
THE OPEN SOCIETY INSTITUTE
Soros started Open Society in 1993
Soros has given away over $7 billion to “support human rights, freedom of expression, and access to public health and
education in 70 countries.”
Up to $425 million donated annually
Aryeh Neier is the president of the Open Society Institute and Soros foundations network. “Neier personally created the
radical group Students for a Democratic Society in 1959… He worked for the American Civil Liberties Union for fifteen
years,” (The Shadow Party, pg 23).
Open Society Foundations recently pledged its largest donation ever to Human Rights Watch in the amount of $100 million
to be distributed over 10 years
Richard Poe writes, “Through his global web of Open Society Institutes and Open Society Foundations, Soros has spent
25 years recruiting, training, indoctrinating and installing a network of loyal operatives in 50 countries, placing them in
positions of influence and power in media, government, finance and academia.”
Some organizations that have received support from OSI:
Center for American Progress
Tides Foundation
Campaign for America’s Future
National Council of La Raza
ACORN
Apollo Alliance
Center for Community Change
Free Press
MoveOn.org
Top 20 grant recipients in 2008 (the most recent OSI filing)
International Crisis Group $5,000,000
Ministry of Education Republic of Liberia $4,250,000
Drug Policy Alliance $4,000,000
Media Development Loan Fund $3,900,000
Bard College $3,094,539
Proteus Fund Inc $3,000,000
The Revenue Watch Institute $3,000,000
The Tides Foundation $2,875,000
The Mayors Fund to Advance New York City $2,512,415
Center on Budget and Policy Priorities $2,107,000
Public Interest Projects $1,700,000
The Tides Center $1,396,681
Center for Community Change $1,362,500
Leadership Conference on Civil Rights education$1,320,000
Fund for the European University $1,100,000
Center for New York City Neighborhoods $1,050,000
American Civil Liberties Union Foundation $1,000,000
Center for American Progress $1,000,000
Foundation to Promote Open Society $1,000,000
Link Media Inc $1,000,000
(Source: Open Society Institute, IRS Form 990-PF, 2008)
CENTER FOR AMERICAN PROGRESS
Early in 2003, Soros pledged $3 Million over 3 years to the think tank
He awarded $1 Million in grants to Center for American Progress for 2008/2009
The group was largely set up to prevent Bush from gaining re-election in 2004. Soros told the Washington Post: “I have
made rejection of the Bush doctrine the central project of my life… America, under Bush, is a danger to the world. And I’
m willing to put my money where my mouth is.”
The organization is headed by John Podesta
Van Jones is currently a senior fellow
In its first year, CAP took in more than $10 million
In 2006, CAP launched a network of liberal religious leaders called Faith in Public Life to “fuel this burgeoning faith
movement with cutting edge strategies and capacity-building resources”
CAP’s campus Progress, with a staff of 15 and a large network of student advisers, offers money and guidance to help
college activists launch initiatives and newspapers
CAP has a congressional outreach staff and aides dedicated to booking its experts on talk shows. It has a studio that offers
daily taped segments and talking points for radio hosts, and it broadcasts liberal radio host Ed Schultz‘s show when he’s in
town.
TIDES
2008 funding from Open Society Institute to Tides (latest year for which the OSI has filed a Form 990 document with the
IRS):
The Tides Center: $1.354 million
Tides Foundation: $2.875 million
Total: $4.229 million
Drummond Pike is Founder & CEO of Tides Foundation. He is also Treasurer of Democracy Alliance, a group that was
founded with major financial backing from member George Soros.
The Apollo Alliance is a project of the Tides Center.
Van Jones is a former board member
Apollo Alliance helped to design and promote the stimulus bill which included $110 billion for “green spending”
SOJOURNERS
Open Society gave Sojourners a $200,000 grant in 2004, $25,000 in 2006, and $100,000 in 2007.
THE QUANTAM FUND
Soros launched the Quantam Fund after immigration to America from London in 1956. It was one of the world’s first
private hedge funds.
Soros recently passed much of the fund’s management to his two grown sons, Robert and Jonathan
The fund, which is registered in the Netherlands Antilles, turned an original investment of six million dollars, in 1969, into five
and a half billion dollars by 1999.
AMERICAN CONSTITUTION SOCIETY
The American Constitution Society is a left-wing legal activist group working to change our nation’s laws and approaches
towards law enforcement. One of its areas of focus is constitutional interpretation and change.
OPEN SOCIETY INSTITUTE DISCLOSED GRANTS TO ACS
Grants disclosed on George Soros’ Open Society Institute’s Form 990 tax filings to American Constitution Society for Law
and Policy (ACS) going back to 2002 (with the exception of the 2005 filing which could not be searched electronically).
Open Society’s 2002 filing referenced that the grant was designated for start-up of ACS. Adding all the totals from each
year below (excluding 2005) comes to $14,602,850.
2008 funding: $3.65 million
2007 funding: $4.5 million
2006 funding: $5,025,000
2004 funding: $676,800
2003 funding: $251,050
2002 funding: $500,000
Glenn Beck’s TV team. It is the background document they used to produce
" George Soros exposed ". It has been edited for form but not content:
BACKGROUND George Soros EXPOSED
“Messianic Fantasies”
“It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about
it now since I began to live it out,” (The Independent, June 3, 1993)
“I admit that I have always harbored an exaggerated view of self-importance –to put it bluntly, I fancied myself as some
kind of god or an economic reformer like Keynes or, even better, a scientist like Einstein,” (The Alchemy of Finance,
George Soros)
According to friend Byron Wien (now with the Blackstone Group), “You must understand he thinks he’s been anointed by
God to solve insoluble problems. The proof is that he has been so successful at making so much. He therefore thinks he has
a responsibility to give money away,” (Time Magazine, Sept 1, 1997)
“If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control,
otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies
to the extent that I could afford.”
George Soros 60 Minutes Interview – 12/20/98 / Transcript:
KROFT: Are you religious?
Mr. SOROS: No.
KROFT: Do you believe in God?
Mr. SOROS: No.
KROFT: (Voiceover) Soros told us he believes God was created by man, not the other way around, which may be why he
thinks he can smooth out the world’s imperfections.
“THE MAN WHO BROKE THE BANK OF ENGLAND”
“As September 15 wore on, George Soros’s confidence that Britain would pull the pound out of the ERM was growing. It
had been Stanley Druckenmiller who had thought the time ripe for making a bet against the sterling. He talked to Soros
about doing something. Soros gave him the green light but urged his head trader to bet an even larger sum than
Druckenmiller had in mind. And so Druckenmiller, acting for Soros, sold $10 billion worth of sterling… The next morning at
7:00, the phone rang at Soros’s home. It was Stan Druckenmiller with news… While George Soros had slept, he racked a
profit $958 million. When Soros’s gains from other positions he took during the ERM crisis were tallied, he racked up close
to $2 billion… It was this bet, this single act of placing $10 billion on the fact that Britain would have to devalue the pound,
that made George Soros world famous,” (SOROS THE UNAUTHORIZED BIOGRAPHY, pgs 5-6).
“He famously shorted the British pound in 1992, wagering $10 billion on a drop in its value. In a desperate bid to keep its
currency afloat, the Bank of England tried to buy up pounds as fast as Soros could dump them. However, as more and
more investors followed Soros’ lead and joined his efforts, the Bank of England eventually gave up. The British pound was
devalued, launching a tsunami of financial turmoil from Tokyo to Rome. When it was over, millions of hardworking Britons
confronted their diminished savings, while Soros counted his gains. He had personally made nearly $2 billion on the
catastrophe,” (The Shadow Party, pg. 4).
Soros has said of this event: “I had no platform, so I deliberately [did] the sterling thing to create a platform. Obviously
people care about the man who made a lot of money…my influence has continued to grow and I do have access to,”(Time
Magazine, Sept 1, 1997)
In 1997, during the Asian financial crisis, the then Malaysian Prime Minister, Mahathir bin Mohamad, accused him of
bringing down the Malaysian currency, the ringgit, through his trading activities. In Thailand he was branded an “economic
war criminal” who “sucks the blood from the people”.
REVOLUTIONS
“Just write that the former Soviet Empire is now called the Soros Empire,” (The New Republic, Jan 1994)
“I am acting out a fantasy and so is Eastern Europe. A psychiatrist once told me how dangerous it is to act out fantasies and
I am beginning to see what he meant,” (http://www.osi.hu/oss/postscript.html)
ANTI-SEMITISM
In a 1998 nterview with Steve Kroft, Soros was asked if he felt guilty about confiscating property from Jews as a teenager.
He responded, “No.”
“I don’t deny the Jews their right to a national existence–but I don’t want to be part of it.”That experience notwithstanding,
Soros has chosen to exclude Israel and Jewish causes, by and large, from his massive philanthropy-a decision that has
caused comment among one of his colleagues in the financial community, particularly those who are strong supporters of
Israel. In Hungary, Soros has been subject to anti-Semitic attacks. Referring to being a target, Soros, in his book
“Underwriting Democracy,” wrote, “I am ready to stand up and be counted.” When I mentioned that rather suggestive line
to Soros during one of several extended interviews with him, he responded quickly, “Right. It took me a long time.”
He continued, “My mother was quite anti-Semitic, and ashamed of being Jewish. Given the culture in which one lived, being
Jewish was a clear-cut stigma, disadvantage, a handicap-and, therefore, there was always the desire to transcend it, to
escape it.” He confirmed what someone had told me-that his family name had long ago been changed from Schwartz. “So
the assimilationist Jews of Hungary had a deep sense of inferiority and it took me a long time to work through that,” he said,
adding, however, that he succeeded in doing so many years ago… “I am escaping the particular. I think I am doing exactly
that by espousing this universal concept”-of open society. “In other words, I don’t think that you can ever overcome anti-
Semitism if you behave as a tribe… the only way you can overcome it is if you give up the tribalness.”
(Source: THE WORLD ACCORDING TO SOROS by CONNIE BRUC, The New Yorker, January 23, 1995,)
“As I looked around me for a worthy cause. I ran into difficulties. I did not belong to any community. As a Hungarian Jew I
had never quite become an American. I had left Hungary behind and my Jewishness did not express itself in a sense of tribal
loyalty that would have led me to support Israel,” (http://www.osi.hu/oss/ch1.html)
INFO ON NAME CHANGE FROM SHWARTZ TO SOROS
Born in Hungary in 1930, Mr. Soros began life as George Schwartz. His father, Tivadar, was from humble origins; his
mother, Erzebet, from money. Both were Jews, but nonobservant (she eventually converted to Catholicism). Once married,
Tivadar had to work just two hours a day managing some of his wife’s family property, which provided a handsome living
for them and their two sons, Paul and George. At some point during the boys’ childhood, the parents decided to change the
family name and chose the Hungarian-sounding but in fact obscure Soros. It means “soar” (in the future tense) in Esperanto,
the made-up trans-European language promoted by those who dreamed of a world free of nationality. Tivadar was among
its leading proponents. (Source: The Mind of George Soros; Meet the Esperanto enthusiast who wants to save the world
from President Bush, 2 March 2004, The Wall Street Journal)
Before the end of the war, however, Soros’ upper-middle-class world had inverted. The family posed as Christians and
separated to hide from the Germans. They changed their name from Schwartz (considered too Jewish-sounding) to Soros
(more reflective of the family’s Hungarian roots and because his father liked the palindrome). (The elusive billionaire: An
author tries valiantly to capture the essence of philanthropist George Soros, Vancouver Sun, 20 April 2002)
MORE ON TIVADAR SOROS
The other day, George Soros and his older brother Paul, an engineer turned investor-philanthropist, met in the offices of
Soros Fund Management to discuss their father. The occasion was the English-language publication of Tivadar Soros’s
wartime memoir, “Masquerade: Dancing Around Death in Nazi-Occupied Hungary,” which was first published in 1965 in
Esperanto, one of six languages in which Soros pere was fluent.
“It was his nature, regardless of difficulties, to believe that one must behave like a human being and one must make the most
of life,” Paul Soros said, explaining the charm and ebullience of his father, who, in the book, is described by his five-year-
old son George as “a married bachelor,” and who, even when living semi-reclusively under an assumed Christian identity,
never missed his daily swim. “I remember during the siege we went to the opera, because at a time when there was no food
the opera still served very nice hors d’oeuvres and patisserie. Whether or not it was prudent, the idea was that you should
make the most of your circumstances.”
George, who, like Paul, has inherited his father’s broad face, pointed out that Tivadar’s fondness for the comforts of
bourgeois life was not accompanied by a docile bourgeois sensibility. “We didn’t preserve ordinariness,” George said. “He
made us very conscious that these were extraordinary times and that the normal rules didn’t apply.” In the book, Tivadar
writes that at one point young George was required by the authorities to deliver notices to certain Jews that they should
report to the Rabbinical Seminary with blankets and food. “This was a profoundly important experience for me,” George
said. “My father said, ‘You should go ahead and deliver them, but tell the people that if they report they will be deported.‘
The reply from one man was ’I am a law-abiding citizen. They can’t do anything to me.’ I told my father, and that was an
occasion for a lecture that there are times when you have laws that are immoral, and if you obey them you perish.”
“Masquerade” contains a great deal of black social comedy; a running theme is Tivadar’s efforts to convince his recalcitrant
mother-in-law that, all things considered, it really would be best if she stopped regarding the occupation as a personal insult.
(”I refuse to go anywhere if the people don‘t know who I am and I have to pretend I’m somebody else all the time,” she
said of his attempts to find a safe house for her.) Tivadar’s own ease with his assumed identity-he grew a mustache, and
went by Elek Szabo-led him, one day during an air raid, to tell a neighbor in the shelter about the time he approached the
podium on which Hitler was standing at the 1936 Winter Olympics, just to see how close he could get. “Hardly fifteen
minutes had passed after my tale when there was suddenly a great commotion,” Tivadar wrote. “The shelter commander
appeared, surrounded by several officers. . . . It transpired that the air-defense commander, in great excitement that there
was someone present who had seen Hitler, had radioed headquarters and a group had come over right away to see this
privileged person.”
Tivadar’s energies, though, were largely devoted to the extremely serious business of procuring papers to save relatives and
friends from a new, unimaginable form of terror. “My father was ahead of the curve, because he recognized the moment the
Germans came in that this was a different world and one had to act differently,” George said. He and Paul agreed that they
still try to live by their father’s resourceful example. “The funny thing is that in character we probably both inherited a lot
more from our mother,” George said.
GLOBALIZATION
Soros has long been calling for increased globalization. In “The Crisis of Global Capitalism,” 1998 he writes: “To stabilize
and regulate a truly global economy, we need some global system of political decision-making. In short, we need a global
society to support our global economy. A global society does not mean a global state. To abolish the existence of states is
neither feasible nor desirable; but insofar as there are collective interests that transcend state boundaries, the sovereignty of
states must be subordinated to international law and international institutions. Interestingly, the greatest opposition to this
idea is coming from the United States. But there has never been a time when a strong lead from the U.S. and other like-
minded countries could achieve such powerful and benign results. With the right sense of leadership and with clarity of
purpose, the U.S. and its allies could help to stabilize the global economic system and to extend and uphold universal human
values. The opportunity is waiting to be grasped.”
(Source: The Crisis of Global Capitalism.(book excerpt), George Soros, 7 December 1998, Newsweek)
During this year he called for greater authority to institutions such as the World Bank and the International Monetary Fund
(IMF) and for an International Credit Insurance Corp. to establish some kind of supervision over national supervisory
authorities and stated, “At the same time, there remains the urgent need for Congress to authorise an increase in the capital
of the IMF.“ He admitted that such ”radical ideas“ could not even be considered until Congress ”changes its attitude toward
international institutions in general and the IMF in particular.” (Source: Soros calls for global credit insurance agency, 15
September 1998, Reuters News)
Soros has said that the United States would cease to be the world’s undisputed dominant force. “The veto power that we
have in the International Monetary Fund will disappear. We will be downsized. At the same time, hopefully, we will have a
better working system and opponents will be more downsized than we will.”
(Source: BOSTON, Oct. 29 — Massachusetts Institute of Technology press release via Factiva)
“The Bubble of American Supremacy,”: “The disparity between private goods and public goods manifests itself in a number
of ways. First, there is a growing inequality between rich and poor, both within countries and among countries. Admittedly,
globalisation is not a zero-sum game: its benefits exceed the costs in the sense that the increased wealth produced by
globalisation could be used to make up for the inequities and other shortcomings of globalisation and there would still be
some extra wealth left over.
The trouble is that the winners do not compensate the losers either within states or between states. The welfare state as we
know it has become unsustainable and international income redistribution is practically nonexistent. Total international
assistance amounted to $US56.5 billion ($74.4 billion) in 2002. This amount represents only 0.18 per cent of global GDP.
As a result, the gap between the rich and the poor continues to grow.”
(Source: Edited extract from The Bubble of American Supremacy by George Soros via The Sydney Morning Herald,
February 4, 2004)
KARL POPPER
SOROS’ PHILOSOPHY
At the London School of Economics, Soros discovered the work of philosopher Karl Popper, whose ideas on open
society had a profound influence on his thinking. He was attracted to Popper’s critique of totalitarianism, The Open Society
and Its Enemies, which maintained that societies can only flourish when they allow democratic governance, freedom of
expression, a diverse range of opinion, and respect for individual rights. Later, working as a trader and analyst, he adapted
Popper to develop his own “theory of reflexivity,” a set of ideas that seeks to explain the relationship between thought and
reality, which he used to predict, among other things, the emergence of financial bubbles. Soros began to apply his theory to
investing and concluded that he had more talent for trading than for philosophy. In 1967 he helped establish an offshore
investment fund; and in 1973 he set up a private investment firm that eventually evolved into the Quantum Fund, one of the
first hedge funds. http://www.soros.org/about/bios/staff/george-soros
QUOTES FROM “The Open Society and Its Enemies: Hegel and Marx,” by Karl Popper (Vol. 2), by Karl Popper
The development of capitalism has led to the elimination of all classes but two, a small bourgeiouse and a huge proletariat:
and the increase of misery has forced the latter to revolt against its exploiters. The conclusions are, first, that the workers
must win the struggle, secondly that, by eliminating bourgeiouse, they must establish a classless society, since only one class
remains. (pg 151-152)
But all over the earth, organized political power has begun to perform far-reaching economic functions. Unrestrained
capitalism has given way to a new historical period, to our own period of political interventionism, of the economic
interference of the state. Interventionism has assumed various forms. There is the Russian variety; there is the fascist form of
totalitarianism; and their s the domestic interventionism of England, of the United States, and the “Smaller Democracies” led
by Sweden where the technology of democratic intervention has reached the highest level so far. (pg 155)
Admittedly, increasing misery must produce resistance, and it is even likely to produce rebellious outbreaks. But the
assumption of our argument is that the misery cannot be alleviated until victory has been won in the social revolution. (pg
163)
I am not in all cases and under all circumstance against a violent revolution. (pg 166)
…the working of democracy rests largely upon the understanding that a government which attempts to misuse its powers
and to establish itself as a tyranny (or which tolerates the establishment of a tyranny by anybody else) outlaws itself, and that
the citizens have not only a right, but also a duty to consider the action of such government a crime, and its members as a
dangerous gang of criminals. (pg 167)
MORE ABOUT KARL POPPER
http://www.hoover.org/publications/hoover-digest/article/8018
Although compelled to leave his native Austria in the 1930s (because of his Jewish ancestry), his book is remarkably free
from personal bitterness or sadness.
He did not shrink from tracing the sources of those dangerous ideas to Marx, to Hegel, and even to that greatest of all
philosophers, Plato. At a time when many intellectuals had lost faith in democracy, Popper offered a spirited defense of
democratic principles and outlined a compelling vision of a society grounded in democratic reforms.
Popper was a fallibilist, one who perceives great error and danger in any theory of knowledge—or regime—that claimed to
offer certain truth. In such a system, there would be no incentive to establish social and political structures that promote
learning or the free exchange of ideas; truth is already at hand. In the name of historical progress, the regime may then justify
the squelching of human freedoms and even atrocities on a grand scale.
George Soros, who first encountered The Open Society as Popper’s student at the London School of Economics, founded
the Open Society Institute to propagate Popper’s ideas, particularly in Eastern Europe. Thus the political philosophy
Popper first articulated before the start of the Cold War is now being studied and put into practice in countries newly
emerging from behind the Iron Curtain.
He left school at age sixteen and began auditing lectures at the University of Vienna. Although a Marxist as a teenager, he
was repelled in 1919 by the leftist-inspired street violence of postwar Vienna that resulted in the deaths of demonstrators.
That same year, he studied Freud’s psychoanalysis and worked for a time with psychiatrist Alfred Adler.
In 1922 he matriculated at the University of Vienna. To support himself, he apprenticed himself to a cabinetmaker and took
up social work. Pursuing his goal of becoming a schoolteacher, Popper subsequently returned to the university. In 1928, he
earned a Ph.D. in philosophy and, in 1929, a teacher’s certificate. Beginning in the late 1920s, Popper began interacting
with members of the famous Vienna Circle of logical positivists, a group of prominent intellectuals trying to articulate the
importance of science for philosophy. Shortly after publishing (in German) a then little-noticed but classic work on the
logical foundations of science in 1934, Popper left Austria under the threat of Nazi anti-Semitism. From New Zealand,
where he had obtained a university teaching post, he returned to England after World War II as professor of philosophy of
science at the London School of Economics, where he remained until his retirement.
SOROS’ CURRENT TIES
SOROS AND PRESIDENT OBAMA
In December 2006, Soros met with presidential hopeful Barack Obama in Soros’ New York office. Soros had previously
hosted a fundraiser for Obama during his 2004 campaign for the Senate.
On January 16, 2007, Obama announce the creation of a presidential exploratory committee and within hours Soros sent a
contribution of $2,100, the maximum allowable under campaign finance laws.
Days after Obama was elected in November of 2008, Soros said in an interview “I think we need a large stimulus package
which will provide funds for state and local government to maintain their budgets – because they are not allowed by the
constitution to run a deficit. For such a program to be successful, the federal government would need to provide hundreds
of billions of dollars. In addition, another infrastructure program is necessary. In total, the cost would be in the 300 to 600
billion dollar range.” Since then, Congress passed a $787 billion stimulus and Obama very recently introduced a $50 billion
plan to improve the country’s transportation program, saying “I want America to have the best infrastructure in the world.”
In that same interview, Soros called for cap & trade: “I think this is a great opportunity to finally deal with global warming
and energy dependence. The US needs a cap and trade system with auctioning of licenses for emissions rights. I would use
the revenues from these auctions to launch a new, environmentally friendly energy policy. That would be yet another federal
program that could help us to overcome the current stagnation.” Since then, Congress has introduced cap & trade
legislation. (More info in “going green” section)
Also in that interview, Soros said “In 2010, the Bush tax cuts will expire and we should not extend them.” Since then,
Obama expressed his opposition to the Bush tax cuts in an interview with ABC on September 9th: “All those middle class
folks who need tax relief hostage right now in order to provide tax breaks for the top two percent wealthiest Americans,
who don’t need a tax break, aren’t asking for a tax break. And you know, if we could afford it, it’d be one thing. But we
know that’s gonna cost $700 billion over ten years. And so, that is not a smart thing to do for the economy”
Soros is also on board with Obama’s proposals to reform the banking system. In an interview with the BBC: Interviewer:
Now President Obama last week announced some quite radical proposals to reform the banking system. He wants them
out of what he calls “proprietary trading”, using their capital to speculate on their own account, and also he wants a limit on
their size. Are these constructive measures in your view? Soros: Very much so these are the right … it goes in the right
direction. In my opinion, it doesn’t actually go far enough because it still leaves the problem of too big to fail. In other
words, if you let’s say now again Goldman Sachs gives up its banking license, it becomes then an investment bank …
January 2010, http://news.bbc.co.uk/2/hi/business/davos/8485029.stm
Since Obama’s been in office, Soros has made four visits to the White House
ALSO IN HIS 2008 INTERVIEW:
Soros: “I think this is a great opportunity to finally deal with global warming and energy dependence. The US needs a cap
and trade system with auctioning of licenses for emissions rights. I would use the revenues from these auctions to launch a
new, environmentally friendly energy policy. That would be yet another federal program that could help us to overcome the
current stagnation.
SPIEGEL: Your proposal would be dismissed on Wall Street as “big government.” Republicans might call it European-style
“socialism.”
Soros: That is exactly what we need now. I am against market fundamentalism. I think this propaganda that government
involvement is always bad has been very successful — but also very harmful to our society.
SPIEGEL: Would you advise the new president to say that publicly?
Soros: He has already spoken about changing the political discourse. I think it is better to have a government that wants to
provide good government than a government that doesn’t believe in government.
WILL ANOTHER FISCAL STIMULUS BE NEXT?
“The simple truth is that the private sector does not employ available resources. Mr. Obama has in fact been very friendly to
business, and corporations are operating profitably. But instead of investing, they are building up liquidity. Perhaps a
Republican victory would boost their confidence, but in the meantime, investment and employment require fiscal stimulus,”
(Financial Times, Oct. 4, 2010)
LAUNCHING A WAR AGAINST PRESIDENT BUSH
Soros told the Washington Post: “I have made rejection of the Bush doctrine the central project of my life… America,
under Bush, is a danger to the world. And I’m willing to put my money where my mouth is.”
Also during that election: “This is the most important election of my lifetime. These aren’t normal times. The ends justify
every legal means possible.”
Read more http://www.newyorker.com/archive/2004/10/18/041018fa_fact3?currentPage=3#ixzz0xAm1jvyV
SOROS AND VAN JONES
Soros has also supported Van Jones – Originally through the Open Society Institute which gave the Ella Baker Center
$151,800 in 2006 and $140,000 in 2007. Van Jones was head of the Ella Baker Center during those years. OSI also
funded Green for All in 2008 – they received a grant in the amount of $75,000 to “integrate the Civic Justice Corps into
Green For All’s campaign to create a national Clean Energy Corps.” while Van Jones was running it. Van Jones later
appeared as a senior fellow at the Center for American Progress. Additionally, OSI helped fund TIDES which then started
the Apollo Alliance (where Van Jones sat on the board).
CAP & TRADE
Soros is also a huge proponent of cap and trade. The sot below sounds very similar to VAN JONES’ “We’renot going to
put a new battery in a broken system.”
SOROS: “work on a better world order where we work together to resolve problems that confront humanity like global
warming. And I think that dealing with global warming will require a lot of investment.
SOROS: You see, for the last 25 years the world economy, the motor of the world economy that has been driving it was
consumption by the American consumer who has been spending more than he has been saving, all right? Than he’s been
producing. So that motor is now switched off. It’s finished. It’s run out of — can’t continue. You need a new motor. And
we have a big problem. Global warming. It requires big investment. And that could be the motor of the world economy in
the years to come…Instead of consuming, building an electricity grid, saving on energy, rewiring the houses, adjusting your
lifestyle where energy has got to cost more until it you introduce those new things. So it will be painful. But at least we will
survive and not cook.
MOYERS: You’re talking about this being the end of an era and needing to create a whole new paradigm for the economic
model of the country, of the world, right?
GEORGE SOROS: Yes.
VIDEO: http://green.blogs.nytimes.com/2008/10/14/george-soros-on-the-green-energy-economy/
MORE ON GREEN INITIATIVES
In 2009, Soros announced the formation of the Climate Policy Initiative to address global warming, and said he would fund
it with $10 million a year over 10 years
Friends of the Earth is another group that receives Soros money. In 2008 they received $50,000 from OSI to “build and
support an international network of organizations dedicated to improving the environmental, social and developmental
impacts of Chinese overseas investments.” Friends of the Earth also received $180,000 from Tides Foundation in 2008 to
“integrate a climate equity perspective in the presidential transition.”
THE OPEN SOCIETY INSTITUTE
Soros started Open Society in 1993
Soros has given away over $7 billion to “support human rights, freedom of expression, and access to public health and
education in 70 countries.”
Up to $425 million donated annually
Aryeh Neier is the president of the Open Society Institute and Soros foundations network. “Neier personally created the
radical group Students for a Democratic Society in 1959… He worked for the American Civil Liberties Union for fifteen
years,” (The Shadow Party, pg 23).
Open Society Foundations recently pledged its largest donation ever to Human Rights Watch in the amount of $100 million
to be distributed over 10 years
Richard Poe writes, “Through his global web of Open Society Institutes and Open Society Foundations, Soros has spent
25 years recruiting, training, indoctrinating and installing a network of loyal operatives in 50 countries, placing them in
positions of influence and power in media, government, finance and academia.”
Some organizations that have received support from OSI:
Center for American Progress
Tides Foundation
Campaign for America’s Future
National Council of La Raza
ACORN
Apollo Alliance
Center for Community Change
Free Press
MoveOn.org
Top 20 grant recipients in 2008 (the most recent OSI filing)
International Crisis Group $5,000,000
Ministry of Education Republic of Liberia $4,250,000
Drug Policy Alliance $4,000,000
Media Development Loan Fund $3,900,000
Bard College $3,094,539
Proteus Fund Inc $3,000,000
The Revenue Watch Institute $3,000,000
The Tides Foundation $2,875,000
The Mayors Fund to Advance New York City $2,512,415
Center on Budget and Policy Priorities $2,107,000
Public Interest Projects $1,700,000
The Tides Center $1,396,681
Center for Community Change $1,362,500
Leadership Conference on Civil Rights education$1,320,000
Fund for the European University $1,100,000
Center for New York City Neighborhoods $1,050,000
American Civil Liberties Union Foundation $1,000,000
Center for American Progress $1,000,000
Foundation to Promote Open Society $1,000,000
Link Media Inc $1,000,000
(Source: Open Society Institute, IRS Form 990-PF, 2008)
CENTER FOR AMERICAN PROGRESS
Early in 2003, Soros pledged $3 Million over 3 years to the think tank
He awarded $1 Million in grants to Center for American Progress for 2008/2009
The group was largely set up to prevent Bush from gaining re-election in 2004. Soros told the Washington Post: “I have
made rejection of the Bush doctrine the central project of my life… America, under Bush, is a danger to the world. And I’
m willing to put my money where my mouth is.”
The organization is headed by John Podesta
Van Jones is currently a senior fellow
In its first year, CAP took in more than $10 million
In 2006, CAP launched a network of liberal religious leaders called Faith in Public Life to “fuel this burgeoning faith
movement with cutting edge strategies and capacity-building resources”
CAP’s campus Progress, with a staff of 15 and a large network of student advisers, offers money and guidance to help
college activists launch initiatives and newspapers
CAP has a congressional outreach staff and aides dedicated to booking its experts on talk shows. It has a studio that offers
daily taped segments and talking points for radio hosts, and it broadcasts liberal radio host Ed Schultz‘s show when he’s in
town.
TIDES
2008 funding from Open Society Institute to Tides (latest year for which the OSI has filed a Form 990 document with the
IRS):
The Tides Center: $1.354 million
Tides Foundation: $2.875 million
Total: $4.229 million
Drummond Pike is Founder & CEO of Tides Foundation. He is also Treasurer of Democracy Alliance, a group that was
founded with major financial backing from member George Soros.
The Apollo Alliance is a project of the Tides Center.
Van Jones is a former board member
Apollo Alliance helped to design and promote the stimulus bill which included $110 billion for “green spending”
SOJOURNERS
Open Society gave Sojourners a $200,000 grant in 2004, $25,000 in 2006, and $100,000 in 2007.
THE QUANTAM FUND
Soros launched the Quantam Fund after immigration to America from London in 1956. It was one of the world’s first
private hedge funds.
Soros recently passed much of the fund’s management to his two grown sons, Robert and Jonathan
The fund, which is registered in the Netherlands Antilles, turned an original investment of six million dollars, in 1969, into five
and a half billion dollars by 1999.
AMERICAN CONSTITUTION SOCIETY
The American Constitution Society is a left-wing legal activist group working to change our nation’s laws and approaches
towards law enforcement. One of its areas of focus is constitutional interpretation and change.
OPEN SOCIETY INSTITUTE DISCLOSED GRANTS TO ACS
Grants disclosed on George Soros’ Open Society Institute’s Form 990 tax filings to American Constitution Society for Law
and Policy (ACS) going back to 2002 (with the exception of the 2005 filing which could not be searched electronically).
Open Society’s 2002 filing referenced that the grant was designated for start-up of ACS. Adding all the totals from each
year below (excluding 2005) comes to $14,602,850.
2008 funding: $3.65 million
2007 funding: $4.5 million
2006 funding: $5,025,000
2004 funding: $676,800
2003 funding: $251,050
2002 funding: $500,000
Think about this photo during the next election.............
Whats different about these three individuals.
R-E-S-P-E-C-T
Whats different about these three individuals.
R-E-S-P-E-C-T