“Financial speculator and self-proclaimed philanthropist George Soros, during an April 15, 1993 broadcast by WNET / Thirteen TV, made a startling admission on the secret of his success. Asked by moderator Adam Smith how, in September 1992, he could have gone “eyeball to eyeball with the Bank of England,” making a fortune of $I-2 billion from the devaluation of the British pound and the Italian lira within two weeks, Soros responded: “It really started in 1944, when Hungary was occupied by the Germans, and me being Jewish, I was in danger of life …. When the Germans came in, he [Soros’s father, a prominent Budapest attorney] said, ‘This is a lawless occupation. The normal rules don’t apply. You have to forget how you behave in a normal society. This is an abnormal situation.’ And he arranged for all of us to have false papers, everybody had a different arrangement. I was adopted by an official of the ministry of agriculture, whose job was to take over Jewish properties, so I actually went with him, and we took possession of these large estates. That was my identity. So it’s a strange, very strange life.”
Moment Magazine, which was founded by Holocaust survivor Elie Wiesel, reprinted it.–SOURCE…Jews Against George Soros
THE CURRENCY CRISIS PAST AND PRESENT–Dr. Mahathir Mohamad, Prime Minister of Malaysia
In this exclusive clip from the new documentary “Soros,” the billionaire investor and philanthropist—and his son—address all the bizarre right-wing conspiracies involving him.
George Soros has, over the past two decades, emerged as perhaps the biggest boogeyman in not only right-wing conspiracy circles but also among the right-wing media and Republican politicians, who have increasingly mirrored their most fantasy-minded adherents. They frequently cast the 90-year-old billionaire investor and liberal philanthropist as a “puppet-master” (Glenn Beck’s actual words) sowing chaos behind the scenes
and credit him (without a shred of evidence, mind you) with bankrolling everything from antifa, the decentralized anti-fascist activist group, to Black Lives Matter protests.
Senator Ted Cruz (R-TX) harbors a strange obsession with Soros, even falsely claiming in 2016 that he was backing John Kasich for president. In August of this year, soon-to-be-former President Trump called in to Fox & Friends and alleged that Soros was funding antifa. And just last week, former Republican House Speaker Newt Gingrich went on Fox News to accuse Soros of somehow stealing the presidential election from Trump.
The new documentary Soros, directed by Jesse Dylan and available Nov. 20, examines the life of the Hungarian-born titan, from escaping the Nazis as a child to accumulating hedge fund riches and creating the grantmaking charity network Open Society Foundations. Soros also features a series of sit-down interviews with the man himself, and in one exchange—that you can see below—he finally breaks his silence on all the wacky conspiracies.
“The fact that I have become involved in so many different issues, and have taken controversial positions, is now actually working against me,” Soros says in the film.
After airing a series of Fox News clips demonizing Soros, the film then sees one of his sons, Robert Soros, chime in.
“He’s become demonized by one community because he’s synonymous with liberal causes,” offers Robert.
According to director Jesse Dylan (How High, son of Bob), these bad-faith depictions of Soros couldn’t be further from the truth.
“The work and people whom George supports strikes at the interests of authoritarians and others who unfairly control freedom and access—whether to employment, education, a way to make a living. These are the forces attacking him,” Dylan tells The Daily Beast.
He adds, “The George Soros I got to know is the calm at the center of the storm. He is modest, curious, deeply engaged with ideas and the world around him. He is always ahead of the curve, looking to tackle the big problems: whether mass incarceration or the perverse power of social media platforms. And he has a sense of humor, and a genuine optimism that individuals can make a difference even when the world looks grim.”
It was high noon in Hong Kong this weekend.
Like gunfighters on a dust-blown street, one of Asia’s most outspoken leaders, Prime Minister Mahathir Mohamad of Malaysia, faced off against one of the world’s most formidable currency speculators, George Soros. In their holsters were weapons of oratory, currency and clout.
At stake was nothing less than Malaysia’s national prestige, the future of Southeast Asian economies and, by some accounts, the very shape of the global financial system.
Even more, the standoff pitted two worlds against one another, an Asia of growing economic might and a West convinced that free-wheeling trade — in ideas, capital and goods — is the best recipe for development.
The forum was the usually somber gathering of finance ministers, bankers and economists at the annual meeting of the World Bank and International Monetary Fund. On successive evenings, Mr. Mahathir and Mr. Soros squared off, denouncing each other in vitriolic language seldom heard in such settings.
Yet Malaysia’s economy is in crisis, its currency has collapsed and blame had to be fixed.
Lashing out at currency traders like Mr. Soros as ”morons,” Mr. Mahathir castigated them on Saturday as ”a group of ultra-rich people.”
”For them wealth must come from impoverishing others,” Mr. Mahathir said, ”from taking what others have in order to enrich themselves. Their weapon is their wealth against the poverty of others.”
While not mentioning Mr. Soros by name — although in previous comments to newspapers in Malaysia, Mr. Mahathir specifically blamed Mr. Soros for orchestrating Malaysia’s economic crisis — he told the assembled bankers and economists that Mr. Soros’s ilk had to be stopped.
”I am saying that currency trading is unnecessary, unproductive and totally immoral,” Mr. Mahathir declared. ”It should be stopped. It should be made illegal. We don’t need currency trading.”
Then tonight, before a standing-room-only crowd, Mr. Soros fired back at the Malaysian leader.
”Dr. Mahathir’s suggestion yesterday to ban currency trading is so inappropriate that it does not deserve serious consideration,” Mr. Soros said.
”Interfering with the convertibility of capital at a moment like this is a recipe for disaster. Dr. Mahathir is a menace to his own country.”
Since July, in the churning wake of the collapse of Thailand’s currency and banking system, Malaysia has foundered. Its currency, the ringgit, has plunged 20 percent against the dollar. On the heels of the tumbling ringgit, the Malaysian stock market crashed and the country’s banking system began to creak. Foreign investors fled.
For Mr. Mahathir, who has seen his country’s annual per-capita output soar from $350 to $5,000 in four decades, the assault on the ringgit smacked of a conspiracy wrought by international currency traders.
For a man who has built the world’s tallest buildings and Southeast Asia’s largest airport and who harbors visions of a glittering new capital, a high-tech corridor intended to rival Silicon Valley and immense hydroelectric dams, the economic train wreck has been an affront, to him personally and to Asia.
”We like to think big,” Mr. Mahathir said. ”But we are not going to be allowed to do this, because you don’t like us to have big ideas. It is not proper. It is impudent for us to try, or even to say we are going to do it. If we even say that when we have the money we will carry on with our big projects, you will make sure we won’t have the money by forcing the devaluation of the currency.
”If the countries of Europe and of North America can be almost uniformly prosperous, we don’t see why we cannot be allowed to be a little prosperous.”
Then tonight, 24 hours after Mr. Mahathir’s broadside against Mr. Soros, currency traders and the international financial system, Mr. Soros stood behind the same lectern and declared that the problem with Malaysia was not the world, but Mr. Mahathir himself.
”He is using me as a scapegoat to cover up his own failure,” Mr. Soros said. ”He is playing to a domestic audience, and he couldn’t get away with it if he and his ideas were subject to the discipline of an independent media inside Malaysia.”
Later, at a news conference, Mr. Soros elaborated on his comments. ”I want to express my sympathy for poor Malaysians who were hurt” by the collapse of the country’s currency and stock market, ”but not for Dr. Mahathir, because he’s responsible.”
The war of words reverberated through the cavernous conference halls, startling government officials and private bankers used to more measured language.
An Indonesian Government economist, who spoke on condition of anonymity, was angered by Mr. Mahathir’s pronouncements.
”It’s very unfortunate that we are neighbors,” the economist said. ”I know we shouldn’t interfere in other countries’ policies. But all I can say is that it was very interesting. As an economist there are things that I disagree with. But because of our good neighbor policy, I can’t really comment on his speech.”
A Malaysian banker, who also insisted that he not be quoted by name, suggested that the Prime Minister was out of touch with reality.
”There are not two ways of doing these things,” the banker said. ”We have to get our own house in order. He really hasn’t thought these things out. He’s just spouting off.”