George Soros Honoured With Globalist of the Year Award

George Soros will be honoured with the Globalist of the Year Award at the Canadian International Council’s Annual Gala Dinner on November 15 at the Four Seasons Hotel in Toronto, according to the following article. Apparently, this award is presented annually to an individual who has shown leadership and innovation on the international stage throughout his or her career. Mr. Soros is Chair of the Soros Fund Management LLC and Founder of the Open Society Foundations.
       . . . June

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George Soros to address the Canadian International Council at its annual gala dinner
TTKN News:

TORONTO, ON – George Soros, Chair of the Soros Fund Management LLC and Founder of the Open Society Foundations, will be honoured with the Globalist of the Year Award at the Canadian International Council’s (CIC) Annual Gala Dinner on November 15 at the Four Seasons Hotel in Toronto.

The CIC Globalist of the Year Award is presented annually to an individual who has shown leadership and innovation on the international stage throughout his or her career.

Mr. Soros is Chair of the Soros Fund Management LLC and Founder of the Open Society Foundations. He has established a network of philanthropic organizations active in more than 50 countries around the world.

These organizations are dedicated to promoting the values of democracy and an open society. Mr. Soros is the author of eleven books, including most recently The Soros Lectures at the Central European University.

The evening starts at 6:00 pm with a reception, followed by a keynote address by Mr. Soros. David Dodge, Senior Advisor, Bennett Jones LLP and former Governor of the Bank of Canada, will act as master of ceremonies. Peter Munk, Chairman and Founder, Barrick Gold Corporation, will present the award to Mr. Soros.

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Is George Soros Being Targeted By The US Chamber Of Commerce?

According to the following article, it looks like George Soros might be the target of investigations in his role as a behind the scenes funder. Apparently Tom Donohue, head of the US Chamber of Commerce announced in the current issue of business Week that the Chamber had been digging into the funding sources of anti-globalization groups that might try to thwart their efforts overseas. Was he hinting at George Soros?
    . . . June

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US Chamber targeting George Soros?
SHAWSBLOG: posted on November 7, 2010 by jkshaws

It looks like George Soros will be the target of investigations on his role as a behind the scenes funder. From the current issue of Business Week magazine’s cover story on Tom Donohue, head of the US Chamber of Commerce (titled, ” Tom Donohue: Obama’s Tormenter”) comes this snippet:

Donohue announced that the Chamber had been digging into the funding sources of anti-globalization groups that might try to thwart their efforts overseas. “We found that 50 or 60 percent of their money comes from the same person,” Donohue said dramatically. He wasn’t ready to name names just yet. Instead, he acted like a man with a hand grenade in his pocket who couldn’t wait to hurl it. “It’s going to be a story,” the chamber leader promised. The people sitting around the table seemed baffled. (Later, when asked if he was referring to George Soros, Donohue laughed and said, “That’s a pretty good guess.”)

I would surmise that the Chamber will be releasing a report soon with their information about George Soros.

He is the major funder of a wide range of leftist  527 groups (MoveOn.Org), influential liberal think tanks(Center for American Progress),  left-wing politicians (including Barack Obama) and left–wing media outlets (NPR, Media Matters). But his resume does not stop there (see the long list of groups he funds here). He has had a long running role behind the scenes at the United Nations, and recently upped his game and visibility by “serving” on a United Nations Panel that urged a global Climate Change Tax to fund green energy schemes (he plans to invest one billion dollars-to start- in renewable energy ventures and thus would be a beneficiary of the subsidies and governmental rules that these grossly inefficient ventures need to prosper).

Barack Obama and the Democrats practiced the politics of fear (and xenophobia) when they dreamed up the idea of linking the Chamber’s political efforts to foreign funny money (even the New York Times dismissed Obama’s charge) and liberals demonized the Koch brothers for their political activism, George Soros and his role as the sugar daddy of the Democrats still receives hardly a mention. Hopefully ,that will change in the days ahead as the chamber releases its report regarding the “one person” funding much of the anti-globalization protests.

The Democratic Party should be ashamed of its close ties to George Soros.

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George Soros SUPPORTS MARIJUANA Proposition 19 With $1 Million Donation

Soros has donated a million dollars to the “Proposition 19” campaign that is seeking to legalize marijuana in California. According to the following article, Soros stated “Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarcerations costs, while providing billions of dollars in revenue annually.” That could well be true.
     . . . June

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George Soros Marijuana Support: Proposition 19 $1 Million Donation:
Camille H. | Oct 27, 2010

George Soros Marijuana Support: Proposition 19 $1 Million Donation – A recent announcement was made, saying that George Soros, a billionaire who was born in Hungary, recently donated a million dollars to the “Proposition 19” campaign that is seeking to legalize marijuana in California

The ballots on November 2 will contain an area for Californians to vote on whether or not Marijuana should be legalized in the State, a move that The Drug Policy Alliance is hoping for. The group’s main focus is to decriminalize the use of drugs in the United States. The group also confirmed that Soros had donated the million dollars to the “Proposition 19” campaign.

Soros earlier announced that he would be supporting the movement in the Wall Street Journal, although he did not give details about what his support would look like. Soros issued a statement to the magazine, saying, “Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarcerations costs, while providing billions of dollars in revenue annually.”

He went on to say that legalizing marijuana would “also reduce crime, violence and corruption associated with drug markets, and the violations of civil liberties and human rights that occur when large numbers of otherwise law abiding citizens are subject to arrest. Police could focus on serious crime instead.”

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Is A LEFT-WING FOUNDATION Supplying $1.8 Million To NPR To Hire Political Reporters?

George Soros is apparently buying one hundred political “reporters” for National Public Radio (NPR), according to the article below, The article also questions why The New York Times doesn’t even mention the left-wing ideology of the foundation that may be supplying $1.8 million to NPR so it can hire political reporters across the country. I don't think that this is a done deal, but would this compromise the integrity of National Public Radio?
   . . . June

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 George Soros’ Millions Buying ‘Political Reporters’ for NPR
Big Journalism:

The left loves to go wild claiming that Rupert Murdock, a famous conservative, owns a few news outlets. The left is also aghast that well known righty Roger Ailes guides Fox News. Ailes’s ideology makes of his network a compromised product, they claim. It’s all a travesty of “news,” and “proof” that those agencies are contaminated by right-wing ideology say lefty detractors. So, with the news that George Soros is buying one hundred political “reporters” for National Public Radio (NPR), one waits with baited breath for the left to decry the fact that a famous anti-American leftist is buying and influencing the “news.”

One will likely wait in vain, too.

In fact, The New York Times doesn’t even mention the left-wing ideology of the foundation that is supplying $1.8 million to NPR so it can hire political reporters across the country.

What exactly does “enterprise journalism” mean? This sure smacks of agenda journalism as opposed to mere reporting, doesn’t it? And even if that isn’t the intent, the rhetoric here is suspicious.

But what makes this all even more suspicious is the source of the $1.8 million donation. The Open Society Foundations was founded by well-known anti-American George Soros. Yet, nowhere in the news is this made clear to readers.

One might recall the hullabaloo that was raised when it was revealed that News Corp, owner of Fox News, had donated one million dollars to Republicans for this election cycle. It was the end of the world as far as the left was concerned. It was “proof” that Fox could not be trusted.

Yet, here we have George Soros buying reporters for NPR, the same Soros who has an extremely left-wing agenda that he has been pushing on the world for decades. After all, if the assumption that conservatives owning Fox makes its news slanted, shouldn’t the same logic dictate that anything Soros owns reflects his ideology? Shouldn’t we assume that NPR’s new reporters will be left-wing hacks bought and paid for by one of the richest, most active, most extreme left-wing activists in the world?

So what is the difference between a left-wing billionaire buying 100 reporters for NPR and Fox News being owned by conservative owners? Why has the Old Media establishment completely ignored the extremist agenda of the foundation making such a large donation to NPR? Why isn’t NPR to be suspected of being a left-wing mouthpiece now?

The answer to this question can only be that the Old Media establishment is already bought and paid for by the far left and would never raise questions that might reflect badly on a left-wing agenda. Only conservatives need “outing” as far as the Old Media is concerned.

That George Soros owns NPR like this? Well, that’s just a little secret between you and me.


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Soros Says "Additional FISCAL STIMULUS" Is The Way Out!

According to the article below, George Soros says that additional fiscal stimulus --and not fiscal discipline-- is the way out of the crisis for both Europe and the United States. He says that "deficit reduction by a creditor country such as Germany is in direct contradiction of the lessons learnt from the Great Depression of the 1930s". Hopefully, the stimulus for the U.S should help us here.
    . . . June


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.Soros Blames Germany for Europe "Deflation Spiral"
ABC News: "NEW YORK (Reuters)

Billionaire investor George Soros blamed Germany for leading the implementation of austerity measures that will throw the euro zone into a 'deflation spiral.'

Additional fiscal stimulus --and not fiscal discipline-- is the way out of the crisis for both Europe and the United States, Soros said in a speech at Columbia University on Tuesday.

'Deficit reduction by a creditor country such as Germany is in direct contradiction of the lessons learnt from the Great Depression of the 1930s. It is liable to push Europe into a period of prolonged stagnation or worse,' Soros said.

Germany is unlikely to change its ways, however, because its economy is doing well and because the of other countries can be blamed on structural rigidities, Soros said.

German Chancellor Angela Merkel also gained the upper hand in a recent G20 meeting where she joined forces with Canada and newly elected Conservative British Prime Minister David Cameron to put pressure on other countries to adopt austerity measures, Soros noted.

As a result, President Barack Obama yielded to the majority and agreed to cut the U.S. budget deficit by half by 2013.

"This may be the right policy but it comes at the wrong time," Soros said.

Soros doesn't think Obama should extend the tax cuts pushed by his predecessor George W. Bush. Instead, he says, the government should direct the extra money coming from higher taxes into fiscal measures to stimulate investment, not consumption.

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Will Gold Continue To Rally? Or To Slow?

 Is Gold really about to go down? According to the following article, even though George Soros has been warning about an imminent Gold 'bubble', the hedge fund he used to run, has still been buying gold. At the same time, the U.S. dollar fell to new lows Friday in world markets. Both views are still viable
    . . . June


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 Gold Rally Ready To Slow?
Focus on Funds - Barrons.com: "By Murray Coleman

It seems that as George Soros has been warning about the “ultimate bubble” forming in gold, the hedge fund he used to run has been big buyers of the yellow metal, according to a Reuters report.

Of course, Soros is no longer active in the daily operations of Soros Fund Managment. But warnings about a bubble in gold are likely to continue this month from other corners.

At the same time, the U.S. dollar fell to new lows Friday in world markets and expectations of more quantitative easing are in the air. That has led a chorus of analysts to support the notion that gold’s rally still has legs.

In fact, some don’t believe gold will approach bubble status until it’s closer to $5,200 an ounce.

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The Forbes 400: George Soros Comes in at No 14

The Forbes 400 is the Forbes list of the 400 richest Americans. According to the article below, 84 of them were principally involved in investments. As for the hedge-fund traders, George Soros and John Paulson both had a very good year, coming in 14th and 20th. Bill Gates and Warren Buffet top that list of course.
  
. . . June


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The Forbes 400: Year of the Hedge Funders

By Shira Ovide Deal Journal - WSJ

Forbes’ annual Richie Rich list shows 2010 has been a very good year for hedge-fund titans George Soros and John Paulson

Paulson, who famously earned $4 billion in 2008 betting on the collapse of the housing market, had a net worth of $12.4 billion, ranking 20th on the Forbes list of the 400 richest Americans. That is enough to treat his fellow countrymen to 4.1 billion two-topping pizzas at Domino’s. That’s a lot of cheese.

Soros came in at No. 14, the second-highest-ranked investor on the list (behind Warren Buffett, #2 overall behind Bill Gates). Soros and his $14.2 billion actually are treading water, according to Forbes, which ranked him at No. 15 on its 2009 list of wealthiest Americans.

Overall, this year’s Forbes 400 includes 84 people principally involved in what Forbes calls “Investments,” a list that includes everyone from Buffett (#2 overall) to legally challenged entrepreneur Samuel Wyly (No. 383), with a mere $1 billion as of August. Not a bad showing for an industry supposedly on the decline.

The oldest investor on the Forbes list? That would be John Anderson, 93, who compiled his $2.4 billion fortune through a swath of businesses including auto dealerships, beer distribution and insurance. The youngest investor in the rankings is John Arnold, 36, the former Enron trader who escaped that company’s implosion to start hedge fund Centaurus Energy, and now is worth $3.3 billion by Forbes’s calculation.

Of course Facebook founder Mark Zuckerberg and prolific flop-sweater is much richer — and younger — than Arnold. Zuckerberg actually made news twice today, first by having his Forbes net worth shoot up to $6.9 billion (even richer than Steve Jobs! Well, sort of.) , and then by the disclosure of Zuckerberg’s planned $100 million donation to the Newark, N.J., public school system.

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