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.

Read entire article

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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.


Read entire article

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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.

Read entire article . . .

Gold Heads Upward but Soros Says No Longer Safe Bet

 Gold is climbing and has hit some new milestones recently, but George Soros, hedge-fund trader and investor warns that it's no longer a safe bet. According to the following article, Soros said recently, 'Gold is the only actual bull market currently. In the present circumstances that may continue.'I called gold the ultimate bubble, which means it may go higher. But it's certainly not safe and it's not going to last forever.'  I'll take heed from the master.
    .  . . June


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Gold heads for $1,300 but Soros warn
By Simon Lambert  22 September 2010, 11:39am

Gold hit a fresh high today as it continued its rise towards the $1,300 benchmark, but legendary investor George Soros has warned it is no longer a safe bet.

The gold spot price hit $1,296.3 at 14.05, having made a record closing high of $1,287.15 yesterday.

The move upwards continues the rich run of form for the precious metal, which has hit repeated highs over the past week.

Despite this, Soros issued a warning on gold, which he has invested in, at a Thomson Reuters Newsmaker event on Monday.

He said: 'Gold is the only actual bull market currently. In the present circumstances that may continue.
'I called gold the ultimate bubble, which means it may go higher. But it's certainly not safe and it's not going to last forever.'

Gold has been chased higher by investors searching out its safe haven status and a slip in the value of the dollar.

Fears over the US economy and what effect further stimulus would have on the dollar's value have pushed the greenback down, while Asian banks shifting their focus slightly from using the US dollar as their default safe haven has also contributed.

Read More . . . 

Give It Up For George Soros - Financial Times

 With all the publicity surrounding his huge financial gift to Human Rights Watch this past week, George Soros has been in the news even more than usual. While researching his name I found many an article negatively portraying Mr Soros, so it's only fitting that I find some positive ones. The article below includes  praise of his financial savvy by The Financial Times .
   . . . June


Financial Times Says Give It Up For George Soros

Dealbreaker: A Wall Street Tabloid – Business News Headlines and Financial Gossip:

He’s one of the most well-known hedge fund managers in the world, praised prett-ay, prett-ay, prett-ay frequently for his market savvy but the FT has decided that Jorge just doesn’t get the props he deserves.

George Soros has been the public face of the hedge fund industry since long before he made $1bn forcing sterling out the European exchange rate mechanism. The total money his Quantum fund has earned for clients, though, has rarely been discussed – and is extraordinary. According to new research, the 80-year-old Mr Soros has produced $32bn for his customers since setting up in 1973, an average of over $900m a year. Put another way, Mr Soros and his team of 300 have made their investors more than the total earnings of Apple, which employs 34,300, or Alcoa, one of America’s 30 largest manufacturers. When it comes to the hedge fund mantra of “absolute returns”, Mr Soros is leader of the pack.

So whether its via a shoutout on your Bloomberg status, by picking up the phone and giving him a call or telling your friends “this one’s for my man George” when you puff one tonight, give it up for the guy. Other people you might also consider throwing some love at are the top ten absolute return managers, as ranked by the FT, who also suffer from a lack of recognition.

Read on . . .

Soros Funds Attack on Tea Party

According to the article below, George Soros has launched a new front to attack and discredit the Tea Party with his new website TeaPartyTracker.org.Globalists like Soros see the Tea Party and its members as the biggest threat to their societal aspirations of global currency and global governance. Each to his own, I guess
   . . . June


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New Soros funded attack on Tea Party
Sacramento TEA Party | Examiner.com:

It should be no surprise that multi-billionaire and globalist George Soros, born Gy�rgy Schwartz, known as 'the man who broke the Bank of England,' has launched a new front to attack and discredit the Tea Parties on with his new website TeaPartyTracker.org.

Soros is a staunch opponent to the Tea Party and their ideals of constitutionally limited government by the people.

'Why?' one might ask that a hedge fund manager would care about a grass-roots political movement such as the Tea Party?


Well, when you say things like-- "“The main obstacle to a stable and just world order is the United States" and he told Australia's national newspaper "The Australian" in an interview from March '09-- “World financial crisis was “stimulating” and “in a way, the culmination of my life’s work,” the answer is pretty obvious.

Globalists like Soros see the Tea Parties and its members as the biggest threat to their societal aspirations of global currency and global governance. Because he Tea Party is rooted in state and national sovereignty, and the founding principles of the United States, globalist ideology is obliterated and is the complete antithesis to Soros' ideology.


So, Soros has to discredit and smear the Tea Partiers as 'racist' and 'violent' to further his agenda which he does so through other sites and groups that he funds like MediaMatters.org and the Progressive think-tank "Center for American Progress." Oh yeah, he also donated generous sums personally and vicariously through family members to Obama's presidential campaign.

Read on . . .

100 Million Dollar Grant to Human Rights Watch from George Soros

 Philanthropist George Soros has announced a 10-year, $100 million grant to Human Rights Watch. This is really a very exciting time for Human Rights Watch. The grant challenges them to raise an additional USD 100 million in matching private contributions to expand their influence around the world.
   . . . June

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Soros to give USD 100 million grant to Human Rights Watch
"New York:  Updated on Wednesday, September 08, 2010, 00:26

Billionaire George Soros has announced a USD 100 million grant to Human Rights Watch in a bid to transform it into a global organisation.

Soros, 80, noted that the gift to Human Rights Watch is the first of a series of large gifts that he plans to make.

'This is partly due to age. Originally I wanted to distribute all of the money during my lifetime, but I have abandoned that plan.

'My foundation should continue, but I still would like to do a lot of giving during my lifetime, and doing it this way, with such size, is a step in that direction,' he said in an interview with The New York Times.

'I'm afraid the United States has lost the moral high ground under the Bush administration, but the principles that Human Rights Watch promotes have not lost their universal applicability. So to be more effective, I think the organisation has to be seen as more international, less an American organisation,' Soros was quoted as saying by The Times.

This is also only the second charitable donation made by any individual for the amount of USD 100 million or more, according to Center on Philanthropy at Indiana University, it reported.

"We're seeing noticeably fewer charitable gifts at the USD 100 million level from individuals reported than we did just a few years ago," Patrick Rooney, the Center's Executive Director, said.

The group, which is based in New York, would use the money to expand its influence in emerging power centers, Kenneth Roth, the chief of Human Rights Watch, said.

It would involve adding 120 staff members to its team of 300 around the world.

Read on . . .