Chronicles/February2004/0204Trifkovic.html Betcha didn’t know half this stuff………………..its an eye opener
George Soros was born in Budapest in 1930 but, today, spends most of his time in New York City. Not much is known about his early years. He is the only eminent “holocaust survivor” who has been accused of collaboration with the Nazis. In 1947, he managed to sneak through the Iron Curtain, and, the official story goes, “he landed penniless in London, but by hard work and sheer genius, he rose to become one of the planet’s most successful investors and richest men.”Mr. Soros’ peculiar moral values, political views, and ideological preferences would be immaterial without the money that he can spend promoting and imposing them. The bulk of that money-currently estimated at not less than seven billion dollars-was earned in the minus-sum game of currency and stock speculation, contributing nothing to the creation of wealth and making millions of ordinary people poorer in the process. His offshore Quantum Fund-legally headquartered in Curacao, beyond U.S.-government supervision-specializes in speculative investments to take advantage of deliberately induced political and economic weaknesses of different countries and regions. In an interview with the Swiss weekly L’hebdo (May 1993), Soros outlined his strategy: “I speculate on discrepancy between the reality and the public image of this reality, until a correctional mechanism occurs, which approaches these two.”His profits are staggering. On September 16, 1992, he famously made a billion dollars in one day by betting against the Bank of England and the pound sterling. In July 1997, he contributed to the Southeast Asian financial crisis by shorting the Thai bath. In early 2000, he supposedly suffered losses on tech stocks, but some analysts now suggest that the burn of the NASDAQ was controlled and that Soros helped to start the fire. By last November, he was betting the U.S. dollar would plummet. As the London Independent reported (November 28, 2003), his activities were contributing to a growing belief on Wall Street that the dollar would slide even further. More here
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