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New World Order
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Title: Unreported Soros Event Aims to Remake Entire Global Economy
Source: Business & Media Institute
URL Source: http://www.mrc.org/bmi/commentary/2 ... ake_Entire_Global_Economy.html
Published: Mar 24, 2011
Author: Dan Gainor
Post Date: 2011-03-24 07:16:50 by Happy Quanzaa
Keywords: Sorobamanomics
Views: 12802
Comments: 18

Left-wing billionaire's own experts dominate quiet push for 'a
grand bargain that rearranges the entire financial order.'

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 MoveOn.org 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

Dan Gainor is the Boone Pickens Fellow and the Media Research Center's Vice President for Business and Culture. His column appears each week on The Fox Forum. He can also be contacted on FaceBook and Twitter as dangainor.

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#1. To: Happy Quanzaa (#0)

I don't get the boogie man tag on Soros. It reads like the kook stuff they write about free masons and Protocols/Elders of Zion.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-24   9:46:39 ET  Reply   Trace   Private Reply  


#2. To: Godwinson, hondo (#1)

I don't get the boogie man tag on Soros.

But you do get the boogie man tag on the Kock brothers.

The Koch brothers produce products and services that people want to buy.

Soros is a currency speculator, who often bets against the U.S. in order to enrich himself.

You really are a stupid, evil f*ck, aren't you?


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   15:42:37 ET  Reply   Trace   Private Reply  


#3. To: jwpegler (#2) (Edited)

But you do get the boogie man tag on the Kock brothers.

Soros is open with his donations and supports things not related to his pocketbook. Soros openly states he is an advocate. Koch brothers hide behind sock puppets while making money through govt contracts.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-24   15:49:52 ET  Reply   Trace   Private Reply  


#4. To: Godwinson (#3) (Edited)

supports things not related to his pocketbook

Soros is an international currency speculator. EVERYTHING political is related to his pocketbook.

I cannot believe that are you so dumb that you don't get this.


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   16:07:24 ET  Reply   Trace   Private Reply  


#5. To: jwpegler (#4)

Soros is an international currency speculator. EVERYTHING political is related to his pocketbook

Freemasonic conspiracy BS

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-24   16:08:59 ET  Reply   Trace   Private Reply  


#6. To: Godwinson (#5) (Edited)

The American Koch Brothers are in a conspiracy but the Internationalist Soros, with citizenships in two or three countries isn't.

Got it.

You are either are the dumbest idiot on the face of the earth or a lying hypocrite.

Gooberson...


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   16:11:03 ET  Reply   Trace   Private Reply  


#7. To: Godwinson, jwpegler (#3)

Koch brothers hide behind sock puppets

One of them ran for office. I wouldn't call that hiding.

When has Soros come out from behind the skirts of his front organizations, and stated his platform?

You just pull this stuff out of your a$$, don't you?


"We (government) need to do a lot less, a lot sooner" ~Ron Paul

I recall a re-run of MASH I saw where this uber right winger named Colonel Flagg...
Godwinson posted on 2011-02-23 11:47:32 ET
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=18011&Disp=46#C46

Hondo68  posted on  2011-03-24   16:11:51 ET  Reply   Trace   Private Reply  


#8. To: hondo68 (#7)

One of them ran for office. I wouldn't call that hiding.

They also created the CATO Institute, which is one of the most respected free market think tanks in D.C.

Gooberson is either stupid or a liar. I don't care which one. In either care, no one should listen to his nonsense.


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   16:13:56 ET  Reply   Trace   Private Reply  


#9. To: hondo68, , jwpegler, AKA Stone (#7) (Edited)

http://kochwhores.net/info.html

GEORGE SOROS VS KOCH BROTHERS: POLITICAL SPENDING SHOWDOWN

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-24   16:20:27 ET  (1 image) Reply   Trace   Private Reply  


#10. To: Godwinson (#9)

This graph clearly indicates that the greedy communist NWO is losing, due in large part to the reluctance of Soros to spend much of HIS money.


"We (government) need to do a lot less, a lot sooner" ~Ron Paul

I recall a re-run of MASH I saw where this uber right winger named Colonel Flagg...
Godwinson posted on 2011-02-23 11:47:32 ET
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=18011&Disp=46#C46

Hondo68  posted on  2011-03-24   16:29:20 ET  Reply   Trace   Private Reply  


#11. To: Godwinson (#9) (Edited)

POLITICAL SPENDING SHOWDOWN

No. Once again you get the facts wrong.

The Chart is labelled "lobbying", not total political expenditures.

Sorros makes his money betting against countries. He uses a bunch of that money to build radical political organizations to undermine those very same countries, so he make even more money and hold more power. This is what he does.

He was also convicted of insider trading in Europe.


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   16:31:36 ET  Reply   Trace   Private Reply  


#12. To: jwpegler, hondo68, AKA Stone (#8)

They also created the CATO Institute, which is one of the most respected free market think tanks in D.C.

The open borders, globalization/free trade, deregultion crowd that got America into this current financial disaster?

Retards......

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-24   16:34:51 ET  Reply   Trace   Private Reply  


#13. To: jwpegler (#11) (Edited)

Sorros makes his money betting against countries. He uses a bunch of that money to build radical political organizations to undermine those very same countries

You are by chance a communist now? Please define what you mean by 'radical'. Freedom? Capitalism?

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-24   16:37:00 ET  Reply   Trace   Private Reply  


#14. To: Godwinson (#13)

Please define what you mean by 'radical'

Government run.

A small privileged class on top.

Everyone else suffering in equal misery.

Hitler, Stalin, Mao, Pol Pot, Qaddafi -- all the same from the view of the general population.


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   16:42:10 ET  Reply   Trace   Private Reply  


#15. To: Godwinson (#12) (Edited)

The open borders, globalization/free trade, deregultion crowd that got America into this current financial disaster?

You make a good point. The Koch Boys are NWO globalists, (fake)"free trade", "tea party expresso", neocon (compassionate conservative) liberal types. Their brand of tea sux! They're no better than Soros.

Deregulation I'm for, but after the illegal corporate immunities (titles of nobility) have been removed.


"We (government) need to do a lot less, a lot sooner" ~Ron Paul

I recall a re-run of MASH I saw where this uber right winger named Colonel Flagg...
Godwinson posted on 2011-02-23 11:47:32 ET
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=18011&Disp=46#C46

Hondo68  posted on  2011-03-24   16:51:34 ET  Reply   Trace   Private Reply  


#16. To: All (#0) (Edited)

The Evil David Koch

From Wikipedia:

Public Policy

Koch was the Libertarian Party's vice-presidential candidate in the 1980 presidential election. The ticket proposed legalization of prostitution, recreational drugs, and suicide. The ticket received 921,128 votes, 1.06% of the total nationwide vote, the Libertarian Party national ticket's best showing to date.

He opposed the Iraq war, supports gay marriage, and stem-cell research. (ditto for me too)

Koch is unsure if global warming is caused by humans and thinks a warmer planet would be good because "Earth will be able to support enormously more people because a far greater land area will be available to produce food". (ditto for me too, as well as one of the key Founders of Greenpeace - Patrick Moore)

Philanthropy

Koch sits on the Board of Directors of the Prostate Cancer Foundation and has contributed $41 million to the Foundation, including $5 million to a collaborative project in the field of nanotechnology.

He contributed $100 million to the Massachusetts Institute of Technology to help fund the construction of a new 350,000-square-foot research and technology facility to serve as the home of the David H. Koch Institute for Integrative Cancer Research.

He also contributed $20 million to Johns Hopkins University School of Medicine in Baltimore, $30 million to the Memorial Sloan–Kettering Cancer Center in New York, $25 million to the M.D. Anderson Cancer Center in Houston to establish the David Koch Center for Applied Research in Genitourinary Cancers, $15 million to New York-Presbyterian Hospital Weill Cornell Medical Center.

Koch contributed $7 million to the Public Broadcasting Service (PBS) show Nova, and is a contributer to the Smithsonian Institution in Washington, D.C., including a $20 million gift to the American Museum of Natural History.

Koch also financed the construction of Deerfield Academy's $68 million Koch Center for mathematics, science and technology.

Koch pledged $100 million over 10 years to renovate the New York State Theater in the Lincoln Center for the Performing Arts, and has pledged $10 million to renovate the outdoor fountains at the Metropolitan Museum of Art.


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   16:52:45 ET  Reply   Trace   Private Reply  


#17. To: Godwinson (#12)

The open borders, globalization/free trade, deregultion crowd that got America into this current financial disaster?

That is certainly NOT what has gotten American into this mess.

What's gotten American into this mess are power hungry, greedy, and cowardly politicians who have run up the public debt to buy votes.


"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899

jwpegler  posted on  2011-03-24   17:05:24 ET  Reply   Trace   Private Reply  


#18. To: jwpegler (#17)

Godwinson The open borders, globalization/free trade, deregultion crowd that got America into this current financial disaster?

That is certainly NOT what has gotten American into this mess.

What's gotten American into this mess are power hungry, greedy, and cowardly politicians who have run up the public debt to buy votes.

Keep thinking your ideology did not fail.

The open borders, globalization/free trade, deregultion crowd you water carry for got America into this current financial disaster. Deal with it.

Of course Soros is part of the globalization economy and I have a problem with him as well but it shows the hypocrisy of the right that will defend Koch's involvement in politics but freak out over the lesser involvement of Soros. There is a difference. Soros gets involved on social issues per say. Koch's get involved with economic policy that directly benefits them so to me the Koch's are more corrosive in the body politic than Soros is.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-03-25   10:24:09 ET  Reply   Trace   Private Reply  


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