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April 8, 2011

New Global Economy

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Unreported Soros Event Aims to Remake Entire Global Economy

MARCH 29, 2011
From the Media Research Center

Two years ago, George Soros said he wanted to reorganize the entire global economic system. In two short weeks, he is going to start – and no one seems to have noticed.

On April 8, a group he’s funded with $50 million is holding a major economic conference and Soros’s goal for such an event is to “establish new international rules” and “reform the currency system.” It’s all according to a plan laid out in a Nov. 4, 2009, Soros op-ed calling for “a grand bargain that rearranges the entire financial order.”

The event is bringing together “more than 200 academic, business and government policy thought leaders’ to repeat the famed 1944 Bretton Woods gathering that helped create the World Bank and International Monetary Fund. Soros wants a new ‘multilateral system,” or an economic system where America isn’t so dominant.

More than two-thirds of the slated speakers have direct ties to Soros. The billionaire who thinks “the main enemy of the open society, I believe, is no longer the communist but the capitalist threat” is taking no chances.

Thus far, this global gathering has generated less publicity than a spelling bee. And that’s with at least four journalists on the speakers list, including a managing editor for the Financial Times and editors for both Reuters and The Times. Given Soros’s warnings of what might happen without an agreement, this should be a big deal. But it’s not.

What is a big deal is that Soros is doing exactly what he wanted to do. His 2009 commentary pushed for “a new Bretton Woods conference, like the one that established the post-WWII international financial architecture.” And he had already set the wheels in motion.

Just a week before that op-ed was published, Soros had founded the New York City-based Institute for New Economic Thinking (INET), the group hosting the conference set at the Mount Washington Resort, the very same hotel that hosted the first gathering. The most recent INET conference was held at Central European University, in Budapest. CEU received $206 million from Soros in 2005 and has $880 million in its endowment now, according to The Chronicle of Higher Education.

This, too, is a gathering of Soros supporters. INET is bringing together prominent people like former U.K. Prime Minister Gordon Brown, former Fed Chairman Paul Volcker and Soros, to produce “a lot of high-quality, breakthrough thinking.”

While INET claims more than 200 will attend, only 79 speakers are listed on its site – and it already looks like a Soros convention. Twenty-two are on Soros-funded INET’s board and three more are INET grantees. Nineteen are listed as contributors for another Soros operation – Project Syndicate, which calls itself “the world’s pre-eminent source of original op-ed commentaries” reaching “456 leading newspapers in 150 countries.” It’s financed by Soros’s Open Society Institute. That’s just the beginning.

The speakers include:

•Volcker is chairman of President Obama’s Economic Advisory Board. He wrote the forward for Soros’s best-known book, ‘The Alchemy of Finance’ and praised Soros as “an enormously successful speculator” who wrote “with insight and passion” about the problems of globalization.

•Economist Jeffrey Sachs, director of The Earth Institute and longtime recipient of Soros charity cash. Sachs received $50 million from Soros for the U.N. Millennium Project, which he also directs. Sachs is world-renown for his liberal economics. In 2009, for example, he complained about low U.S. taxes, saying the “U.S. will have to raise taxes in order to pay for new spending initiatives, especially in the areas of sustainable energy, climate change, education, and relief for the poor.”

•Soros friend Joseph E. Stiglitz, a former senior vice president and chief economist for the World Bank and Nobel Prize winner in Economics. Stiglitz shares similar views to Soros and has criticized free-market economists whom he calls “free market fundamentalists.” Naturally, he’s on the INET board and is a contributor to Project Syndicate.

•INET Executive Director Rob Johnson, a former managing director at Soros Fund Management, who is on the Board of Directors for the Soros-funded Economic Policy Institute. Johnson has complained that government intervention in the fiscal crisis hasn’t been enough and wanted “restructuring,” including asking “for letters of resignation from the top executives of all the major banks.”

Have no doubt about it: This is a Soros event from top to bottom. Even Soros admits his ties to INET are a problem, saying, “there is a conflict there which I fully recognize.” He claims he stays out of operations. That’s impossible. The whole event is his operation.

INET isn’t subtle about its aims for the conference. Johnson interviewed fellow INET board member Robert Skidelsky about “The Need for a New Bretton Woods” in a recent video. The introductory slide to the video is subtitled: “How currency issues and tension between the US and China are renewing calls for a global financial overhaul.” Skidelsky called for a new agreement and said in the video that the conflict between the United States and China was “at the center of any monetary deal that may be struck, that needs to be struck.”

Soros described in the 2009 op-ed that U.S.-China conflict as “another stark choice between two fundamentally different forms of organization: international capitalism and state capitalism.” He concluded that “a new multilateral system based on sounder principles must be invented.” As he explained it in 2010, “we need a global sheriff.”

In the 2000 version of his book “Open Society: Reforming Global Capitalism,” Soros wrote how the Bretton Woods institutions “failed spectacularly” during the economic crisis of the late 1990s. When he called for a new Bretton Woods in 2009, he wanted it to “reconstitute the International Monetary Fund,” and while he’s at it, restructure the United Nations, too, boosting China and other countries at our expense.

“Reorganizing the world order will need to extend beyond the financial system and involve the United Nations, especially membership of the Security Council,’ he wrote. ‘That process needs to be initiated by the US, but China and other developing countries ought to participate as equals.”

Soros emphasized that point, that this needs to be a global solution, making America one among many. “The rising powers must be present at the creation of this new system in order to ensure that they will be active supporters.”

And that’s exactly the kind of event INET is delivering, with the event website emphasizing “today’s reconstruction must engage the larger European Union, as well as the emerging economies of Eastern Europe, Latin America, and Asia.” China figures prominently, including a senior economist for the World Bank in Beijing, the director of the Chinese Academy of Social Sciences, the chief adviser for the China Banking Regulatory Commission and the Director of the Center on U.S.-China Relations.

This is all easy to do when you have the reach of George Soros who funds more than 1,200 organizations. Except, any one of those 1,200 would shout such an event from the highest mountain. Groups like or the Center for American Progress didn’t make their names being quiet. The same holds true globally, where Soros has given more than $7 billion to Open Society Foundations – including many media-savvy organizations just a phone call away. Why hasn’t the Soros network spread the word?

Especially since Soros warns, all this needs to happen because “the alternative is frightening.” The Bush-hating billionaire says America is scary “because a declining superpower losing both political and economic dominance but still preserving military supremacy is a dangerous mix.”

The Soros empire is silent about this new Bretton Woods conference because it isn’t just designed to change global economic rules. It also is designed to put America in its place – part of a multilateral world the way Soros wants it. He wrote that the U.S. “could lead a cooperative effort to involve both the developed and the developing world, thereby reestablishing American leadership in an acceptable form.”

That’s what this conference is all about – changing the global economy and the United States to make them “acceptable” to George Soros.

– Iris Somberg contributed to this commentary

Mr. Gainor is the Boone Pickens Fellow and the Media Research Center’s Vice President for Business and Culture.…=googlenews_wsj



  1. And the most important detail in this article is…..

    George Soros is a JEW

    Comment by Artie — April 11, 2011 @ 1:15 am | Reply

    • Artie, you’ve probably seen this:
      ..”Soros is no newcomer to the world of criminal activity. According to former associates and published reports he was handed his start-up money by Baron Edmond de Rothschild’s right-hand man, George Karlweiss, who also launched the career of fugitive narcotics-trafficker Robert Vesco. Since then, Soros has been involved in various vicious operations under the direction of the British Empire, such as financial speculative warfare to destroy national currencies, pushing murderous ‘useless eater’ euthanasia policies, and massively financing international campaigns for the legalization of drugs. But of course, the disgraceful character of George Soros is not solely attributable to himself, but rather, it was partially generated by is handlers during his formative adolescent years: the Nazis… Soros began his genocidal legacy by working for the killing machines that slaughered 500,000 Hungarian Jews duing the Holocaust. Young Soros was given a job looting the properties of Jews…” [“Your Enemy, George Soros”]
      A few of Soros’s business investments, 1993-2009 (10% or greater ownership) is listed here: ; mining, real estate, energy, pharmaceuticals, telecom, etc., with familiar names like Earthlink, Harken Energy, JetBlue, and Newmont Mining. He’s a real octopus. One of the pharms, Integra Lifesciences, makes bio-implantables.
      Here’s more on Soros’s pharmaceutical investments and an article on a biological degradation tool, “heat-shock protein” called ubiquitin, that Soros funds.

      Soros is a big mover for Climate Change:[Oct 12, 2009] “Financier and philanthropist George Soros has pledged to invest more than $1 clean energy… Speaking in Copenhagen last weekend, Soros announced the foundation of the Climate Policy Initiative which he will fund with $10 million annually… [T]he Climate Policy Initiative, to be based in San Francisco, will focus..on..implementation of policy… The organization will address issues such as carbon emissions trading…”
      And this was offered up by the automated article server: “ reported on March 2 2007 that billionaire George Soros has quietly invested $62 million in the purchase of more than 2 million shares of Halliburton, the major government contractor criticized by his own Open Society Institute and the activist group he funds,”

      This is particularly interesting: “George Soros, of course, has his hands all over Agora Poland [media-news-tv-radio-publishing]. His Quantum Fund co-founder, Jim Rogers, is a ‘regular’ contributor to Agora Inc.” Look over the margin pages of this blog– I included this link initially in the blog article ‘The Debt for Nature Scheme’

      As for Robert Lee Vesco:

      “After a criminal odyssey that began on Wall Street, Mr. Vesco fled the United States in 1971, along the way repeatedly demonstrating the power of money to overcome any ideology. His associates and protectors included democratically elected presidents in Costa Rica, the left-wing Sandinistas in Nicaragua, the cocaine barons of Colombia, the terrorism-tainted government in Libya, and, finally, the Communist government of Fidel Castro…”
      Vesco allegedly stole the assets of a fund corporation called Investors Overseas Services, noted in the obituary of Bernie Cornfeld: “In 1969, [Cornfeld’s] worth was estimated at $300 million when he decided to go public by selling shares in his Swiss-based Investors Overseas Services… IOS employed a sales staff of 25,000 in 100 countries and had nearly $3 billion..under management… In 1970, Cornfeld was pushed aside by Robert Vesco, who stole the remaining IOS assets and took them on the lam.”
      Cornfeld and Vesco’s activities may overlap not only with Soros, but Permindex [and “Swiss banker” Tibor Rosenbaum] and Agora Inc. There are deep ties in here: “Within the Israeli government, Michael Tzur was a highly regarded financial expert… most recently managing director of the Israel Corp… Last week, however, after six months of investigation, a district court in Tel Aviv indicted Tzur… The accusations are the latest developments in a complex contretemps that involves, besides the state of Israel, a Baron de Rothschild, a shady Swiss bank with a record of ties to the Mafia, secret Liechtenstein trust accounts, a hero of the World War II Hungarian underground and scores of millions in missing funds. Between 1970 and 1974… Tzur illegally transferred about 16.2 million from the Israel Corp and two of its subsidiaries to a Liechtenstein credit trust..controlled by Tibor Rosenbaum, president of the International Credit Bank (ICB) in Geneva… Baron Edmond de Rothschild, chairman of the Israel Corp, ordered an investigation…”,9171,917348-4,00.html
      So, how do these people connect? –I only have suggestions at this point, but Soros and Rosenbaum have a commonality in being Nazi collaborators: Rosenbaum, ostensibly leading a gang “impersonating” Nazi thugs, who authenicated his brutal charade by actually beating and snatching Hungarian Jews from their homes in order to, as he related, harbor and deliver them for escape. Their properties, then, would be subject to plunder.
      The Time article continues: “Rosenbaum, the key figure in the complex saga, founded ICB in 1959… His bank had the reputation of taking money from anyplace… ICB was singled out by LIFE [magazine] in 1967 as one of the Swiss banks that accepted funds that the Mafia skimmed from casinos in the U.S. and the Bahamas, then recycled into Mob-controlled American businesses. At the same time, Rosenbaum, who played a major role in rescuing many of his fellow Jews..of his native Hungary, developed close relations with Israeli leaders. ICB financed oil deals and huge, hushed arms transactions for Israel. ..until February [1975] he was treasurer of the World Jewish Congress.”

      This link stitches together relationships of Permindex, Rosenbaum, BCI, Mossad, Cornfeld, Rothschilds, Bronfmans and others in the context of planning the JFK assassination:, but curiously, Dr. Paul himself is a prominent cohort in the circles of Agora Inc. Paul’s Texas district includes the former Freeport Sulphur Co. (Freeport-McMoRan), world’s largest goldmining outfit (Kissinger was on the board) and its longtime executive and chairman Benno Schmidt was a leading “war on cancer” philanthropist. So, who prepares Ron Paul’s War Room research –Agora? By association, is Soros involved in that too? –seems like they share an interest in currency-proof gold, a market controlled by whom? Rothschilds?

      Comment by jenniferlake — April 12, 2011 @ 2:24 pm | Reply

  2. I’ll skip to the main part: The ultimate goal of Soros et al is to create a new default universal money after they’ve destroyed the American dollar.

    Guess who will be administering and controlling the new money much in the
    same way as the federal reserve controlled the American money supply?

    And when this is done they will also control the world.

    Which is what these fakers like Soros and Ron Paul are all about.

    Comment by Truman Green — April 29, 2011 @ 2:53 am | Reply

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