George Soros: a gift to the conspiracy theorists

While mainstream media organizations call Jewish business magnate George Soros a 'humanitarian', his detractors say he undermines financial markets, interferes in the way countries are run, and is out to 'multiculturalize' Central and Eastern Europe, writes Christopher Goff.

To say that Jewish business magnate George Soros is rich might be understating it somewhat. He has a reported net worth of some $24.4 billion, making him one of the 30 richest people in the world. Some might know him as 'The Man Who Broke the Bank of England' after his sale in 1992 of $10 billion worth of pound sterling, and which made Soros a reported profit of $1 billion during what became known as the Black Wednesday currency crisis, sparked by Britain's decision to exit the European Exchange Rate Mechanism. On 26 October 1992, The Times quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell". Soros had built a strong position in pound sterling in the months leading up to Black Wednesday after recognizing just how unfavourable a position the United Kingdom was within the ERM.

Five years later and during the Asian Financial Crisis of 1997, Malaysia's Prime Minister Mahathir bin Mohamad accused Soros of using his wealth to punish the Association of Southeast Asian Nations (ASEAN) for welcoming Myanmar as a member, at the time saying: "It is a Jew who triggered the currency plunge". Later, Soros explained his role in the financial crisis by saying: "We sold short the Thai bhat and the Malaysian ringgit early in 1997 with maturities ranging from six months to a year … that is, we entered into contracts to deliver at future dates Thai bhat and Malaysian ringgit that we did not currently hold". Soros chose to blame Prime Minister bin Mohamad for not imposing currency controls sooner, while at the same time defending his own position by saying that he was actually buying currency when currencies were declining in value.

In 1999, the leading economist and Nobel Prize Winner, Professor Paul Krugman, criticized Soros's influence on financial markets when he wrote in his book The Accidental Theorist and Other Dispatches from the Dismal Science (1999):-

"No-body who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is 'Soroi'".

But as well as making money, Soros likes giving it away. His philanthropic foundation, the Open Society Foundations (OSF), gives money to causes which Soros's supporters have variously described as 'liberal', 'humanitarian' and 'progressive', and it is thought that Soros has given around $12 billion to civil initiatives since the 1980s.

One does not have to look very hard at Soros's philanthropic activities before you start to see a pattern emerging. Not only that, but Soros has sometimes also spoken very candidly of his objectives. In an interview with The Washington Post (11 November 2003) which Soros gave in the run up to the 2004 U.S. Presidential Election, he said that removing George W. Bush from office was the "central focus of my life" and "a matter of life and death", adding that he would sacrifice his entire fortune to defeat Bush "if someone guaranteed it". Soros gave $3 million to the Center for American Progress, $2.5 million to and a staggering $20 million to America Coming Together, all groups which worked to support the Democrats in the U.S. elections.

Vladimir Putin only knows too well of the threat that Soros poses to nation states. In November 2015, Russia moved to ban Soros's Open Society Foundations from its soil, stating it posed a "threat to the foundations of the constitutional system of the Russian Federation and the security of the state". Soros had previously hypothesized in an article of his called A Partnership With China to Avoid World War (2015) that Putin's annexation of Crimea was a challenge to the "prevailing world order", at the time adding that Putin had wanted to "destabilize all of Ukraine by precipitating a financial and political collapse for which he can disclaim responsibility, while avoiding occupation of a part of eastern Ukraine, which would then depend on Russia for economic support".

Soros's OSF has active programmes in more than 60 countries around the world and a total expenditure of $940.7 million a year [2017]. It has been particularly active in Central and Eastern Europe and where it has been involved in efforts to promote what the left likes to term the 'non-violent democratization' of the former Soviet states. Or put another way, people say that Soros has been behind attempts to make Central and Eastern European countries more like Western European democracies.

As testimony to the influence of Soros, his funding of programmes in Georgia was considered by many to have been instrumental to the success of what became known as the Rose Revolution in that country. The former Georgian Foreign Minister, Salome Zurabishvili, wrote in an April 2008 article of hers for the French Institute of Geopolitics, that "institutions like the Soros Foundation were the cradle of democratisation" and "all the NGOs that gravitated around the Soros Foundation undeniably carried the revolution". Adding, "after the revolution the Soros Foundation and its associated NGOs were integrated into power".

A number of other countries besides Russia have also moved to limit the influence of Soros's foundation. OSF-backed 'pro-democracy' initiatives have been banned in both Kazakhstan and Turkmenistan, and serious questions have also been raised about the involvement of the OSF in the internal affairs of Macedonia. Some have claimed that Soros's OSF has been behind attempts to destabalize the Macedonian government, and in response the Stop Operation Soros (SOS) initiative was launched in Macedonia in January this year [2017]. The Stop Operation Soros seeks to present "questions and answers about the way Soros operates worldwide" and invites ordinary citizens to contribute to its research. In a press conference held during the same month in which the anti-Soros organization was launched, one of its founders, Nenad Mircevski, stated that SOS would work towards the "de-Sorosization" of Macedonia.

Soros's apparent desire to transform Central and Eastern European countries into states more closely resembling Western democracies also extends to him wanting to 'multiculturalize' those states. To this end, Soros has been behind a number of attempts to get those countries which have shown resistance to plans by the European Union to distribute migrants more fairly across EU member states, to accept migrants. However, in the case of Soros's country of birth, Hungary, it would seem that Soros has met his nemesis in the form of the current Prime Minister of that country, Viktor Orbán. In 2015, Soros criticized Orbán's handling of the European migrant crisis, saying: "His plan treats the protection of national borders as the objective and the refugees as an obstacle. Our plan treats the protection of refugees as the objective and national borders as the obstacle". Casual observers will not have failed to notice the reverse psychology at work in Soros's comments. Indeed, Soros seems to like the idea of turning widely held notions on their head.

In July this year [2017], Viktor Orbán's right-wing Fidesz government launched a nationwide poster campaign villifying Soros. Giant posters were put up all across Hungary depicting a grinning Soros alongside a caption which read "Don't let Soros have the last laugh", and in smaller letters the message "99% reject illegal immigration". The campaign relates to Hungary's resistance to European Union proposals to impose migrant quotas on EU member states, and the support which Soros has given to both these proposals and to pro-immigrant groups operating in Central and Eastern Europe, including in Hungary. Mr Orbán has described the EU's migrant quotas as "illegal and unreasonable", claiming they "could redraw Europe's cultural and religious identity".

To any casual onlooker, it would appear as if Soros and his OSF are spearheading a far-reaching campaign to try and 'multiculturalize' those European countries which have not yet succumb to this sickness, and Soros has certainly not held anything back in his criticism of Viktor Orbán. Speaking to the European Parliament on 1 June 2017, Soros said: "I admire the way courageous Hungarians have resisted the deception and corruption of the Mafia-state Orbán has established, and I am encouraged by the European institutions' energetic response to the challenges emanating from Poland and Hungary". This has lead observers to claim that Soros is trying to intimidate those EU member states that are anything less than enthusiastic about the idea of multiculturalism.

This is all fuel to the fire for conspiracy theorists who say that while Soros is a strong supporter of multiculturalism, and it can also be assumed of race-mixing, he is at the same time a fierce defender of Jewish identity. You see, conspiracy theorists claim that while Jews are on the one hand at the very forefront of opposition to the idea of European racial preservation, they are at the same time inclined to express horror at the notion of the assimilation of their own kind into other races and speak disapprovingly of intermarriage with Gentiles, or what Jews themselves call 'out-marriage'. John Tyndall wrote of this apparent inconsistency of thought in his book The Eleventh Hour (1988):-

"People aware of this paradox in Jewish thinking are forced inevitably to the question: is it the policy of Jewry to regard 'multi-racialism' as a commodity essentially for export, as something to encourage in non-Jewish peoples, but never to practise among Jewry itself? And, if so, why is there this inconsistency, if it is not for the reason that 'multi-racialism' is seen as a method of weakening other races while Jewry, by adherence to the very opposite policy, strengthens itself?"

As a student studying at university in London in the 1980s I, and not unlike lots of other students at that time, used to live in student digs. My landlady was a Jewish divorcee in her early forties and who very strangely had absolutely no contact with her family. She told me she knew that both her parents were still alive – not that unusual for someone in their early forties – and she also told me that she had two younger brothers. However, when I asked her "Why do you not see your family?" she surprised me by saying that they had cut her out of their family because she had out-married. In other words, my Jewish former-landlady had married a non-Jew. And even though she had by the time I started to rent a room in her home divorced the non-Jew whom she had sometime earlier in her life married, her family still did not want to have any contact with her such was the gravity of her 'sin'.

John Tyndall, again writing in his book The Eleventh Hour, goes on to explain a second Jewish inconsistency:-

"Exactly the same kind of paradox can be seen in the fact that Jews will be found ceaselessly championing internationalist causes all over the world and denigrating nationalism as out of date and even 'evil', while in Israel what holds the whole state and community together is the most intense nationalism to be found anywhere on earth today!"

He continues:-

"… the question must be asked: why do so many Jews preach to other races and nations what their own people do not practise themselves?"

The question of whether some kind of Jewish conspiracy exists or not is an undeniably very interesting one, and one that has been occupying the minds of people since, I would say, biblical times. But, and of course, anyone contemplating the existence of a conspiracy leaves themselves open to accusations of anti-Semitism, something which has undeniably been the source of so much misery in both recent and not so recent history.

Coming back to George Soros, one thing that he has managed to do in his time is legitimise the asking of the question: Is there a Jewish conspiracy? And this because of just how well he fits the profile of someone who might be a fervent participant in that conspiracy. Soros himself has admitted to having such an effect. Speaking at a Jewish forum in New York City on 5 November 2003, he said: "I'm also very concerned about my own role because the new anti-Semitism holds that the Jews rule the world ... As an unintended consequence of my actions ... I also contribute to that image".

Copyright © Christopher Goff
Tag: Jewish Question
Uploaded: 21 August, 2017.