Lanka Needs Soros Like A Hole In The Head

Ajit Randaniya in Lanka Web:

“In 1992, Soros earned the epithet “the man who broke the Bank of England” by demanding the Bank to raise its interest rates or to float the currency (so that he could make more money). The Bank did neither. He retaliated by selling “short” more than $10 billion worth of pound sterling, forcing the Bank of England to depreciate the pound: Soros amassed an estimated US$ 1.1 billion in the process.

His role in the 1997 Asian crisis was similar. According to the former Malaysian Prime Minister Dr Mahathir Mohamed, in the three years leading to the crash, Soros made short-term speculative investment in East Asian stock markets and real estate, then divested them with ‘indecent haste’ citing signs of currency devaluation. Thailand and Indonesia went nearly bankrupt and Dr Mahathir saved Malaysia through strict controls on divestment and currency transfers.”

Soros is also a big backer of important think tanks and NGOs.

“In keeping with this objective, he founded the “Open Society Institute” and became a board member of the New York based “Foreign Policy Council” (the real place where American foreign policy is made), and funded the shady  “Center for American Progress”.

It is a well known fact that Soros, together with the CIA front the Ford Foundation are the chief sources of finance for the much-hated “Human Rights Watch” and the “International Crisis Group”. Soros uses these and other “pro-transparency NGOs” as his main tools of destabilisation, under the pretext that they are promoting Human Rights and Democracy.”

Randaniya notes Soros’ funding of dissidents in satellites of the former Soviet Union (Poland, Czechoslovakia, Hungary) as well as in former SU states (“color” revolutions in Georgia and Ukraine), although governments in those regions are now restricting his influence:

“The region is hitting back: In 1997, Soros had to close his foundation in Belarus after it was fined $3 million by the government for “tax and currency violations”. As a reaction to Soros conspiracy, Russia passed special laws prohibiting NGOs from receiving money from foreigners. Kazakhstan and Turkmenistan banned Soros-backed initiatives in their countries.”

Besides Eastern Europe, he’s also tried to destabilize China and its surrounding regions (Burma, ASEAN), as well as Zimbabwe in Africa.

The Malaysian Insider describes the speculator’s indifference to any social consequences:

“Soros, criticised as being a predatory speculator whose highly profitable currency attacks in 1997 were blamed for destroying the Thai and Malaysian economies, credited the Hong Kong administration for intervening in the local stock and futures markets during the Asian financial crisis. But he remained unapologetic about his actions…….

…I don’t feel any sense of guilt … There is nothing wrong about it. This is a point people have difficulty understanding because, in speculating in the financial markets, I do so according to the rules that prevail.

More on the mind of George Soros in this previous post of mine.

2 thoughts on “Lanka Needs Soros Like A Hole In The Head

  1. Note also his ties and involvement with club of rome and club of madrid. The latter via organizations such as FRIDE and DARA in Madrid (with Euro rich guy pal Diego Hidlalgo) very much involved in humanitarion efforts. Seemingly all good guys but who knows anymore……

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