George Soros and others gives $75,000,000

[KYDEM]

To oust Bush. What is known about this man? Here is a link to the story of the 75 million
http://story.news.yahoo.com/news?tmpl=story&u=/oneworld/20030914/wl_oneworld/4536680611063575190

[pruner]

1. Soros has "only" given $10 million

the group he started (ACT) is looking to spend a total of $75 million.

[Cha]

2. Thank you, George Soros! That is mighty generous of you!

Hope they put it to good use.

[ShaneGR]

3. Just a point, your title is a bit misleading

He hasn't given 75 million. He has organized a group, which he gave 10 million to. Not that I don't love him regardless. The guy recognizes a bad leader when he sees one.


ACT is planning to spend about $75 million to mobilize U.S. voters to defeat Bush in the next presidential elections in November 2004.


Described as a counter-cultural investor whose net worth is more than $five billion, Soros has already contributed about $10 million to the anti-Bush campaign.


Six other philanthropists have chipped in a total of about $12 million, while $8 million has been contributed by trade unions.

[Nikia]

4. That is why I'd like to be a billionaire

You can do good things like that yourself. I applaud George Soros and other rich people like him who use their money to help positive change.

[sonias]

5. Thank you Soros!

We will need every bit of it. I would suggest your group put some money into investigation and getting the word out about black box voting first. You have to cover home base first. Soros meet Bev Harris, you two can make a wonderful safe democracy right here in the US.

Go get em Soros!

Sonia

[Ivory_Tower]

6. Well, he's really rich

:)

Actually, an investor friend of mine was surprised when I mentioned this to him -- apparently Soros is accused by some of orchestrating the collapse of the Asian markets a few years ago (I'm not even going to pretend to understand how, I just understand that he's a major investor and his investment moves can shake whole markets). I looked around on the net, though, and found some articles that imply that he was singled out for purely political purposes. Here's an example from a 1999 article:

http://www.atimes.com/asia-crisis/AI21Db01.html

A snip:
Mahathir claimed that George Soros and other hedge fund managers were orchestrating the collapse of Asia's currencies. Because they profited from relatively small differentials, they were prepared to create sudden, massive and uncontrollable outflows of capital that would wreck national economies by causing both short- and long-term capital flight.
Mahathir's analysis tended to be more colorful, charging Jewish conspiracies against Muslim countries. The primary purpose of his analysis was political. Mahathir used his analysis to explain why his government had not failed. Rather, he argued Malaysia and the rest of Asia had been victimized by the international system. He personalized the system into the person of George Soros for further political effect.

Hopefully someone else will have better information.

(On edit: But I'm certainly not going to complain about his $10million investment!)

[chookie]

7. Soros is a very cool guy

He has been concerned for years about disturbing trends in the American economy (what he calls "market fundamentalism"), and cautions about the dark side of globalization. He believes that capitalism *must* include some kind of social safety net, and be environmentally responsible, or else it will collapse.

He's a very smart man, highly respected, so naturally he is extremely alarmed about what Bush has done to our great nation, and he is doing what he can to stop him.

I think the Dem candidates should have a look at this guy as to a Cabinet level position.

Here's some notes on his book "On Globalization"
Unlike other proponents of globalization, Soros does not dismiss the criticisms of the protesters; indeed, he welcomes them and acknowledges that in many ways the protesters have a clearer view of the issues at stake than the bankers and bureaucrats do. We ignore the protesters' message, Soros warns, at our peril.

Renowned international investor and financial guru Soros outlines the problems of globalization, limiting its meaning here to "the free movement of capital and the increasing domination of national economies by global financial markets and multinational corporations." Thus, Soros does not delve into the social or cultural applications of globalization. Criticism instead is leveled on both the "market fundamentalists"--Reagan-Thatcher types who seek to remove all impediments (taxation and regulation) to international investing--and the antiglobalization activists, who see the phenomenon as immoral. An admitted fan of globalization, Soros contends that the market is amoral but that certain reforms are necessary to ensure ethical standards. Soros' conclusion is that international institutions have not kept pace with the international economy, and a true "open society" (the title of Soros' last book) relies on that progress. A follow-up is in the offing, as the author is anxious to further expand on his open-society idea. Though the subject matter is complicated, Soros' simplified treatment makes this a timely and necessary title for any basic economy collection

[peacetalksforall]

8. I can tell you the most effective way to get the cabal out of there?

Ask Soros to spend some of that money for a paper trail of votes. No matter how many stupid people like Novak and his source(s), the only legitimate way to do it is still at the polls - honest polls, not polls brought to you by the cabal. Paper votes or paper trail. Do it for us George.

[cosmicdot]

9. What is known about this man?

He did/is/has helped to finance The Carlyle Group (TCG) - the private equity investment company involving Poppy Bush and his cronies.

One has to go to one of the early TCG websites to find the info.

http://web.archive.org/web/19981202105525/http://www.thecarlylegroup.com/

The Global Network

The sophisticated nature of Carlyle's over 100 global investors yields many non-competitive and strategic corporate acquisitions. Many of our transactions flow through a pipeline of global investors, each with a local geographic perspective. Carlyle considers the following premier private equity investors, among others, as investment partners with longstanding relationships:

American International Group ("AIG") Bank of America
Bank Austria Bank Indosuez
Bank of New York Bankers Trust
Boeing CalPERS
Champion International Chase Manhattan
Citicorp Credit Lyonnais
Credit Suisse Dresdner Bank
Equitable Companies Florida State Board of Administration
Gannett Company General Motors Investment Management Corp.
Government of Singapore Investment Corp. IKEA
Kuwait Investment Authority Los Angeles County Retirement Association
Michigan Department of Treasury NYNEX
NationsBank Northrop Grumman Corp.
Northwestern Mutual Life Pacific Telesis Group
Soros Capital Swiss Reassurance Corp.
University of Chicago University of Texas

[Zhade]

13. IIRC, Soros had some rather unflattering things to say about Shrubya in

He's (apparently) no longer on the board at Carlyle.

(http://www.carlyle.com/eng/team/l4-team1472.html)

Major Harken owner:

By the end of 1985, Spectrum's fortunes had reversed. With oil prices falling, the company was losing money and on the verge of collapse. To save the firm, Bush began negotiations to sell Spectrum 7 to Harken Energy, a large Dallas-based energy firm owned mostly by billionaire George Soros, Saudi businessman Abdullah Taha Baksh and the Harvard Management Corporation. (Networkideas.org)

<SNIP>

Soros sells his 20% stake (6.9 million shares) in Harken back to the company for nearly full market and persuades the company to sell him its 42% stake in Crystal Oil Co. of Shreveport at a deeply discounted rate.

http://www.scoop.co.nz/mason/stories/HL0208/S00139.htm

[MrPrax]

10. Good counterbalance

to the other freedom-loving capitalist involved in American politics...Rupert Murdoch
America should be left to America to deal with...

[Yupster]

11. So much for

campaign finance reform I guess.

[oasis]

12. We'll be kick'in some asses now.

[UTUSN]

14. Kick for THANK YOU!!! n/t