GEORGE SOROS: 60 MINUTES (1998) THE QUANTUM FUND & WHAT HE DID …



1. Offers billions to left-wing causes: Soros began the Open Society Institute in 1993 as a method to spread his wealth to progressive causes. Utilizing Open Society as an avenue, Soros has actually offered more than $7 billion to a who’s who of left-wing groups. This partial list of receivers of Soros’ loan states everything: ACORN, Apollo Alliance, National Council of La Raza, Tides Foundation, Huffington Post, Southern Poverty Law Center, Soujourners, People for the American Way, Planned Parenthood, and the National Organization for Women.
2. Impact on U.S. elections: Soros as soon as stated that getting rid of President George W. Bush from workplace in 2004 was the “main focus of my life.” He put his loan where his mouth is, offering $2358 million to different 527 groups devoted to beating Bush. His early financial backing assisted jump-start Barack Obama’s political profession. Soros hosted a 2004 fund-raiser for Obama when he was running for the Illinois Senate and offered the maximum-allowed contribution within hours of Obama’s statement that he was running for President.
3. Wish to reduce American sovereignty: Soros would like absolutely nothing much better than for America to end up being subservient to global bodies. He desires more power for groups such as the World Bank and International Monetary Fund, even while stating the United States function in the IMF ought to be “scaled down.” In 1998, he composed: “Insofar as there are cumulative interests that go beyond state limits, the sovereignty of states should be subordinated to global law and global organizations.”.
4. Media Matters: Soros is a monetary backer of Media Matters for America, a progressive media guard dog group that hyperventilates over any conservative view that makes it into the mainstream media. Now its creator, David Brock, has actually freely stated war on Fox News, informing Politico that the group was installing “guerrilla warfare and sabotage” versus the cable television news channel, and would attempt to interfere with the business interests of owner Rupert Murdoch– an odd objective for a 501( c)( 3) tax-exempt academic structure that is disallowed from taking part in partisan political activity.
5. MoveOn.org: Soros has actually been a significant funder of MoveOn.org, a progressive advocacy group and political action committee that raises millions for liberal prospects. This is the group that had on its site an advertisement comparing President George W. Bush to Adolf Hitler and ran the notorious “General Betray United States” advertisement in the New York Times, disparaging the stability of Gen. David Petraeus.
6. For American Progress: Headed by John Podesta, White House chief of personnel under President Clinton, the Center for American Progress has actually been important in offering progressive talking points and policy positions for the Obama administration. There has actually likewise been a revolving door in between the White House and the Soros-funded think tank, with Obama staffing his administration with numerous CAP authorities.
7. Ecological extremism: Former Obama green tasks czar Van Jones and his leftist ecological concepts have actually been moneyed by Soros’ loan at these groups: the Ella Baker Center, Green For All, the Center for American Progress, and the Apollo Alliance, which contributed in getting $110 billion in green efforts consisted of in Obama’s stimulus plan. Soros likewise moneys the Climate Policy Initiative to resolve international warming and offered Friends of the Earth loan to “incorporate an environment equity point of view in the governmental shift.”.
8. America Coming Together: Soros offered almost $20 million to this 527 group with the express function of beating President Bush. A huge get-out-the-vote effort, ACT’s door-to-door canvassing groups consisted of many felons, its citizen registration drives were filled with scams, and it gave out incendiary fliers and made deceptive taped telephone call to citizens. ACT was fined $775,000 by the Federal Election Commission for infractions of different federal project financing laws.
9. Currency adjustment: A big part of Soros’ multibillion-dollar fortune has actually originated from controling currencies. Throughout the 1997 Asian monetary crisis, Malaysian Prime Minister Mahathir bin Mohamad implicated him of reducing the country’s currency through his trading activities, in Thailand he was called an “financial war bad guy.” Referred to as “The Man who Broke the Bank of England,” Soros started a British monetary crisis by discarding 10 billion sterling, requiring the decline of the currency and acquiring a billion-dollar revenue.
10 Misconceptions: Soros has actually consistently stated that he sees himself as a messianic figure. Who however a megalomaniac would make these remarks? “I confess that I have actually constantly harbored an overstated view of my self-importance, to put it candidly, I fancied myself as some type of god” or “I brought some rather powerful messianic dreams with me from youth, which I felt I needed to manage, otherwise I may wind up in maniacal bin.”.