$7 billion. Along the moneymaking trail, Soros was convicted of insider trading in France in 1988, earning a $2 million fine. He has gained a reputation as a ruthless currency trader who often dances on the edge of illegality. In 1992, he made $1 billion in a single day by betting that England would devalue the national currency.
Now an American citizen, Soros keeps much of his vast fortune in banks on the Dutch island of Curaçao, where his Quantum Fund is registered. That means Soros can dodge many U.S. corporate taxes even though he himself is based in New York City. By the way, George Soros is on record as wanting affluent Americans to pay higher taxes, even as he operates a lucrative real estate company from Bermudaâanother place where he can avoid U.S. taxes.
What kind of man is Soros? Well, he does not believe in God, his social philosophy is libertarian, and his political outlook is far, far left. According to investigative reporter Peter Schweizer, a fellow at the Hoover Institution, Soros has donated âhundreds of millions of dollarsâ to American left-wing causes. At this point, he is the prime financier of a number of operations on the Internet that consistently smear conservative and traditional Americans.
Up until the attacks on 9/11, Soros was just another ideologue screaming for legalized drugs (Joseph Califano calls him âthe Daddy Warbucks of drug legalizationâ), euthanasia, and âprogressiveâ taxation. But after the Al Qaeda attack, Soros became even more radicalized and more motivated. Through his Open Society Institute, which operates in at least fifty countries, he began funneling millions to groups opposed to Americaâs war on terror and especially to those who criticized President Bush. According to the Center for Public Integrity, Soros spent $24 million trying to defeat Bush in 2004.
But most disturbing are his statements about the terror war and his support for a convicted terrorist enabler, New York attorney Lynne Stewart, who is currently in prison. More on her in a bit. Soros wrote the following words in the
Atlantic Monthly:
âHijacking fully fueled airliners and using them as suicide bombs was an audacious idea, and its execution could not have been more spectacular.â
Yeah, so what? The billionaire followed up that observation by taking out an ad in the
Wall Street Journal
that stated: âThe war on terror as we have waged it since 9/11 has done more harm than good.â
To whom? Whom exactly is Soros pulling for? It isnât the United States, as he has compared the Bush administration to the Third Reich, according to an article written by Laura Blumenfeld in the
Washington Post.
And in a
New Yorker
magazine profile he opined that the statements thenâattorney general John Ashcroft made after 9/11 reminded him of how Nazi propagandist Joseph Goebbels jazzed up the German peopleâs hatreds and insecurities before World War II.
Soros expanded on his post-9/11 angst in an interview with
Fortune
magazine: âThe crisis now is the crisis of global capitalism and a political and military crisis. It has been brought about by the exploitation of September 11th by the Bush administration to pursue its policy of dominating the world in the guise of fighting terrorism.â
In no-spin words, George Soros believes that the United States does not have the right to act unilaterally to fight terrorism, although, to be fair, he did not object to the removal of the Taliban in Afghanistan. A significant hallmark of the S-P movement, by the way, is that, with rare exceptions, a world consensus is needed in order to use military force. (Thank you, President Hernandez.) This, of course, is off-the-charts dangerous, because much of the world despises America and is decidedly not looking out for us.
And if all this werenât disturbing enough, George Soros then took it a step further by actually helping an aforementioned terrorist enabler. On