“..But Did You Know?” The George Soros Series
Part 1 of 3
April 7, 1614 El Greco, famous painter, died.
April 7, 1939 William Wordsworth, English Poet, born.
April 7, 1939 Francis Ford Coppola, American film maker, born.
April 7, 1964 Russel Crow, film star, born in New Zeland.
Source: “This Day” Application for the iPad
Most people already know…
George Soros is one of history’s most successful financiers.
Dec. 20, 2002 – Mr. Soros was reportedly the first American to earn a billion dollars in a single year.
Soros placed 7th on the 2012 Forbes list of 400 richest Americans; and placed 22nd on the 2012 Forbes list of richest people in the world.
…But did you know?
A French court convicted Soros in 2002 for insider trading in the late 1980s, but the Hungary-born investor appealed, arguing that the French law on insider trading at the time was too ambiguous to find him guilty.
On Black Wednesday (September 16, 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England’s reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.
Soros was blamed for crashing the national currency of Malaysia [just 5 years after Black Wednesday] in 1997. He is still hated for that by Mahathir Mohammed, the former prime minister of that country, who has [unfortunately] emerged as a major international voice of Islamic anti-Semitism. Soros claims that somebody would have profited from speculating in Malaysian currency [the same thing he said about collaborating with Nazis against fellow jews during the invasion of Hungary. “Somebody would have done it…” See part 2 of The George Soros Series].
March 27, 2012 – In a blow to Mr. Soros’s two decade-long legal battle to clear his name, judges at the European court said that French law on insider trading was sufficiently clear to provide grounds for a conviction.
WHAT DOES ALL THIS ABOUT SOROS MEAN?
Most people do not have the time to think about George Soros much less start digging into the man’s over eighty years on the planet. Skeptics have argued the “magic” behind his investments and speculation. Strong allegations of insider trading flew at Soros during both the British and Malayan currency events. One would think the French insider trading conviction would serve as a barometer for the man’s moral compass but it is obvious the public is not listening. There is no great conspiracy either, the information on who George Soros really is can be found easily, and the links I have provided are only the tip of the iceberg.
In 1996 George Soros was interviewed by Steve Kroft with 60-Minutes; much of what I write & cite in the upcoming George Soros Series Part 2 [of 3] is based on a moral dilemma I encountered after listening to the interview. Soros definitely has an “eat or be eaten” attitude and stands by his story in regards to conspiring with the Nazis against his fellow jews during WW2, his devastation of the British pound, and completely ruining Malaysia’s currency, “If I didn’t do it somebody else would.” The problem with his statement is it has been used to defend several of Soros’ actions yet he is the common denominator. I find it hard to believe that George Soros simply “lucks” into these situations where he makes fortunes off of destroying lives because someone else would do it; instead it seems he seeks out these very situations.
The Holocaust, the British pound, and Malaysian currency? Why do I care? None of the events impacted my life in any tangible manner. My reasoning for looking into George Soros comes as another national election approaches. In 2004 he announced to the media that he would go broke defeating president Bush’s reelection. Since then he has funded several extremist groups, one of which is MoveOn.org whohas openly admitted using lies and fraud to disrupt the Fox News network because of the networks “wrong mindedness”.
Apparently if one doesn’t see the world through the Soros microscope they are “wrong in the head”. I spend Part 2 & 3 of the series comparing George Soros’ words to his actions and looking into his relationship with the now sitting president Obama respectively. Politicians are ideally influenced by the people they serve; we all know that is not the case. At the beginning of the week the president of the United States threatened the Supreme Court for doing its job, demonstrated little knowledge or concern for the fundamental aspects of the constitution, and continued the baseless smear campaigns against any person or group who dare question him since taking office. The time has definitely come to a look at the folks who have influenced and financially supported Barack Obama long before his presidency… one of the more dangerous folks at the lead of the pack is George Soros.
“…But did you know?” George Soros Part 2 will be posted by Sunday April 7th, 2012 6PM MST