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The Niagara Independent, July 10, 2020 — George Soros 4-part series reviews his life and achievements, beliefs and goals, and his ties and influence in Canada.<\/em><\/p>\n Who exactly is George Soros? Is he a billionaire investor and philanthropist or a Machiavellian globalist bent on creating discord? Soros\u2019 multi-million dollar donations to political causes has had direct influence on the outcomes of political battles and on elections around the world, including in Canada. So, what are the beliefs, aspirations, and goals of this man?<\/p>\n According to\u00a0Forbes<\/em>\u00a0magazine, in 2018 George Soros was the 29th<\/sup>\u00a0richest person in the world and the richest hedge-fund manager with a net worth of over $25 billion U.S. That same year the British news organization\u00a0Financial Times<\/em>\u00a0named Soros \u201cPerson of the Year,\u201d describing him as \u201ca standard bearer for liberal democracy, an idea under siege from populists.\u201d Next month, when Soros will turn 90-years young, it is expected he will be adorned and feted for his leadership in advancing global causes. Bottom line: George Soros has\u00a0a lot<\/em>\u00a0of money and is an influential force on the world stage.<\/p>\n Soros injecting himself into current affairs as a mega-donor for progressive movements around the globe has expectedly created his detractors, many fueling conspiracy theories about the man and his intentions. Veronika Bondarenko, reported in\u00a0Business Insider<\/em>\u00a0that \u201cFor two decades, some have seen Soros as a kind of puppet master\u00a0secretly controlling the global economy\u00a0and politics.\u201d Dubbed in the media as the \u201cConnoisseur of Chaos,\u201d he has been accused of being the sultan of Antifa \u2014 hiring protesters, renting buses, and even stashing piles of bricks to be hurled at police and through glass storefronts. Currently there is a campaign urging international authorities to \u201cinvestigate George Soros for funding domestic terrorism and his decades-long corruption.\u201d<\/p>\n Most recently, Soros made headlines with his private dinner speech to elite business leaders at the annual 2020 World Economic Forum in Davos, Switzerland. He unloaded on U.S. President Donald Trump, forecasting in the upcoming elections, \u201cHe will fail!\u201d Soros claims the President is \u201ca con man and a narcissist, who wants the world to revolve around him\u2026 This has turned his narcissism into a malignant disease.\u201d A stinging condemnation, but not unexpected by the U.S. Democratic Party\u2019s most affluent donor. Still, to understand Soros\u2019 bravado, one must first appreciate his life story.<\/p>\n George Soros was born Gyorgy\u00a0Schwartz into a prosperous upper-middle class, non-observant Jewish family residing in Budapest Hungary. Experiencing the anti-Semitic prejudices rising from Nazism in 1930s Europe, the family changed its name to a Hungarian surname. Then at 13, the young Soros witnessed Nazi-Germany occupy his country and begin to strip Hungarian Jews of their rights. He recounts an indelible life lesson delivered by his father at the time of the Nazi invasion; his father instructed the family: \u201cThis is an emergency. If we remain law-abiding citizens and continue our current existence, we are going to perish.\u201d The family did what it could \u2013 including having George sent from his family home to live with a government official \u2013 and they managed to survive the brutality of Nazi rule where half a million Hungarian Jews were sent to death camps.<\/p>\n Soros attended the London School of Economics where he earned a masters degree in philosophy. He ventured to the U.S. to begin a business career in various merchant banks. In 1973, at age 43, Soros established his own hedge fund Quantum Fund, which has generated more than $40 billion through four decades of operation (the fund made $5.5 billion in 2013 alone).<\/p>\n Soros\u2019 meteoric hedge fund career included some notorious dealings. In 1992, Soros was named \u201cThe Man Who Broke the Bank of England\u201d because of his short sale\u00a0of\u00a0$10 billion\u00a0U.S. worth of pounds sterling, which made him a tidy $1 billion profit on the U.K.\u2019s infamous Black Wednesday. Similarly, in 1996 he profited from a Finnish financial crisis; and in 1997 he profited from the Asian financial crisis.<\/p>\n Repeatedly, Soros made cash from market chaos. In fact, Soros\u2019 impact on the markets prompted Nobel-prize winning American economist Paul Krugman in 1999 to observe: \u00a0\u201cNobody 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 \u201cSoroi.\u201d<\/p>\n Soros (and many others) has attributed his success in the stock markets to the \u201cTheory of Reflexivity\u201d \u2013 developed by Soros himself. In simple terms, this theory is used to decipher asset bubbles, market value of securities, and value discrepancies to short and swap stocks. Soros reads the boom and bust cycles of the market and anticipates investors\u2019 trading patterns. The more volatile the markets, the greater the opportunity to cash in.<\/p>\n Through his life, George Soros\u2019 money has funded groups that advanced his beliefs. In 2018, he donated more than $32 billion to the Open Society Foundations (OSF), an umbrella institute Soros himself had created in 1993 to help fund groups working for \u201cjustice, democratic governance, and human rights.\u201d On its website, the OSF states it \u201cworks to build vibrant and tolerant democracies whose governments are accountable to their citizens. To achieve its mission, OSF seeks to shape public policies that assure greater fairness in political, legal, and economic systems and safeguard fundamental rights\u2026.\u201d Today OSF is funding a global web of activity in 60 countries, giving an average of $600 million a year to progressive causes.<\/p>\n One core recipient of OSF funding is the Tides Foundation and Tides Centres, which in turn directly and indirectly fund World Wildlife Fund, The Nature Conservancy, the Sierra Club, the American Civil Liberties Union, and a multitude of grant-making philanthropic foundations across North America. In the U.S., the Tides Foundation is a registered charity organization, fostering special interest groups, advancing progressive policy \u2014 and distributing money from anonymous donors to liberal causes and political campaigns.<\/p>\n The primary beneficiary of Soros and the OSF\u2019s political agenda in the U.S. has been the Democratic Party. Soros\u2019 generosity to the Party is legendry. In 2004, Soros spent more than $25 million to support 527 groups to defeat George W. Bush. In the 2016 presidential election, he spent more than $20 million on Democrats\u2019 Political Action Committees (PAC) and doled out $8 million on a pro-Hillary Clinton super PAC. In Fall 2019, Soros donated $5.1 million seed money to create his own Democracy PAC. Then in the first three months of 2020, Soros has pumped $28.3 million into Democratic groups for the 2020 election, including $5 million to pro-Biden Priorities USA PAC. The flow of money is constant, the well deep; Soros is intent that U.S. President Trump does indeed fail.<\/p>\n George Soros is an incredible man. He survived an incredible childhood, accomplished incredible financial success and is now wielding incredible influence. Canadians need to know more about Soros and the shadows he casts across our country.<\/p>\n Chris George<\/em><\/strong>\u00a0is an Ottawa-based government affairs advisor and wordsmith, president of\u00a0CG&A COMMUNICATIONS<\/a>. Contact:\u00a0ChrisG.George@gmail.com<\/a><\/em><\/p>\n