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Kofi Annan Echoes Soros Scaremongery: “Social Media Threatens Democracy”

Just a few short weeks after billionaire George Soros spoke in Davos, demanding that the European Union regulate social media because voters’ minds are being controlled and “manipulated,” none other than former secretary-general of the United Nations and Nobel Peace laureate, Kofi Annan, has issued an op-ed very much in support of Soros’ free-speech suppression ideas… with very similar phrasing… and using the same double-speak ‘war is peace, ignorance is strength’ narrative to demand the regulation of social media.

In his Davos speech (above), Soros claimed the reach of social media firms made them a “public menace” while arguing they had led people to vote against globalist causes, including electing President Trump (all his ramblings about “open societies” aside)…

“They deceive their users by manipulating their attention, targeting them to their own economic interests and (…) depending on their services (…)

The platforms are similar to gambling companies (…) and force people to renounce their freedom (…). …), to renounce what John Stuart Mill called the freedom of thought “

And now, via Project Syndicate, Kofi Annan echoes the same sentiment…

How IT Threatens Democracy

Social media could be just the start of a slippery slope leading to an Orwellian world controlled by Big Data Brother, accelerated by convergence with the sensors in our devices and rapid advances in artificial intelligence. Some authoritarian regimes are already marshaling these developments to exercise control on an unprecedented scale.

The Internet and social media were once hailed for creating new opportunities to spread democracy and freedom. And Twitter, Facebook, and other social media did indeed play a key role in popular uprisings in Iran in 2009, in the Arab world in 2011, and in Ukraine in 2013-2014. Back then, the tweet did at times seem mightier than the sword.

…click on the above link to read the rest of the article…

Soros and the EU Commission are now against the free Internet

Soros and the EU Commission are now against the free Internet

With his investments, Soros has become a billionaire. Unfortunately, for many years he has been interfering in the political and demographic developments in Europe and has been financially promoting ethnic replacement. Now he is turning against CSU, Facebook and Twitter because they are endangering his leftist revolution.

Like every year, Soros gave his speech on the state of the world at the World Economic Forum in Davos (see movie).1)The neo-liberal quasi self-made sage spoke to his heart’s content, while the open, freedom-loving society he invited soaked in each of his words like a sponge. Now hardly anyone noticed that Soros was trying to take away their freedoms.

In the beginning Soros spoke about Russia, which he describes as a mafia state, which adopted nationalist ideology and then he said that the US under Trump’s presidency will become similar in this respect. He now also included Hungary in the axis of evil. It is nothing new because he has always been hostile towards governments that are trying to protect their citizens from the consequences of open borders policies and the idea of an open society. What was new was that he scourged social networks. Soros maintains that since they have grown into powerful monopolies, they influence our behaviour and consciousness (especially during election time) too much.

They deceive their users by manipulating their attention and directing it towards their own economic interests and (…) making them dependent on their services (…) The platforms resemble casinos (…) and force people (…) to renounce what John Stuart Mill called the freedom of thought. Is that why Facebook and Twitter are banned in countries like China, Afghanistan and North Korea? Are people really allowed to think freely without access to the internet and the opportunity to post their opinions?

…click on the above link to read the rest of the article…

Soros – One of the Greatest Threats Against Society?

It is no secret that I have no respect for George Soros and that is aside from the fact that we would often be on opposite sides of the market. I never saw Soros as a great trader. Even the reputation that he broke the Bank of England was nonsense. The “Club” was all on that trade and it was a guaranteed trade where if the peg broke, you made a fortune and if you were wrong, you got your money back. I was on the opposite side back then being called in by those in the British government. After a 7-year bull market in equities, Soros finally threw in the towel ending his bets on the stock market crash only after being wrong for so long.

Soros lost big time on the Russian manipulation when the “Club” was bribing the IMF to keep the loans to Russia going so they could make a fortune in interest rates. That failed and ended up in Long-Term Capital Management debacle. Soros lost $2 billion on that one. I believe he also lost when the “Club” was targeting the Japanese yen in 1999. So I never saw Soros as some fantastic trader. I believe he was just simply on the right side of a few big plays orchestrated by the “Club” and never by himself.

Macedonia 3-26-2017

I personally believe he is very dangerous politically. I believe he stands for control of the people and is always plotting for the manipulation of society. He appears to be always on the side of Marxist/Socialism which disturbs me greatly. This is just his political philosophy. There has been a rising movement against Soros on a global scale. This is one person who the world will celebrate his death – not morn it.

…click on the above link to read the rest of the article…

Resistance Royalty: Pelosi, Soros Headline Left’s Biggest Dark Money Conference

Resistance Royalty: Pelosi, Soros Headline Left’s Biggest Dark Money Conference

Private memo gives inside look at Democracy Alliance’s latest secret donor meeting

Pelosi Soros

Nancy Pelosi, George Soros / Getty Images

CARLSBAD, Calif.—A secretive three-day conference where big money liberal donors are plotting the next steps of the “resistance” will be headlined by Friday speeches by billionaire George Soros and Democratic House Minority Leader Nancy Pelosi, according to internal documents obtained by the Washington Free Beacon.

The Democracy Alliance, a donor club of deep-pocketed liberal donors that each pledge to direct hundreds of thousands of dollars in funding to approved left-wing groups, descended on California’s posh La Costa Resort on Wednesday morning for its fall donor summit. The group continued its tradition of secrecy, promising all members and guests of the summit their participation would “remain confidential.”

The first page of the conference agenda, which was obtained by the Washington Free Beacon and can be viewed in its entirety below, lays out “participation guidelines,” explaining that the Democracy Alliance is a “safe place” for donors and activists to meet. Guests are instructed not to share members’ names with the press and not to post to any social media sites, to contact Democracy Alliance if “the media or a blogger” contacts them, and to “refrain from leaving sensitive materials out where others may find them.”

This latter directive was ignored.

The agenda for the meeting, titled “Beyond #Resistance: Reclaiming our Progressive Future,” lays out three full days of events culminating in a Friday night dinner headlined by Pelosi.

Democracy Alliance Fall Investment Conference Agenda by Washington Free Beacon on Scribd

A few hours earlier guests can attend “A Talk with George Soros,” who will be introduced with a “special videotaped message” by Democratic senator Kamala Harris (Calif.).

…click on the above link to read the rest of the article…

How I sold out to the Putin-Soros-Murdoch conspiracy to destroy Western civilization

How I sold out to the Putin-Soros-Murdoch conspiracy to destroy Western civilization

Steve Keen is an Australian economist and author. He’s professor and Head of the School of Economics, History and Politics at Kingston University in London. You can support his attempts to build a new economics https://www.patreon.com/ProfSteveKeen.
How I sold out to the Putin-Soros-Murdoch conspiracy to destroy Western civilization
I was delighted to find myself in the Top Ten (alright; top 15) of the European Values list of 2,326 “Useful Idiots” appearing regularly on RT shows, and thus legitimizing Vladimir Putin’s attempt to destroy Western civilization as we know it.

Why delighted? Because it completes the set of conspiracies to which I can now be accused of belonging. They include:

• The Putin Conspiracy, since I am regularly interviewed on Russia Today (and even worse, I now get paid to write for RT!);

• The Soros Conspiracy, since my research, has been funded by the Institute for New Economic Thinking (INET) which he established;

• The Murdoch Conspiracy, since I appear every week on Sky News Australia with Carson Scott, and I used to get paid by News Ltd to write a weekly column; and

• The Alt-Right Conspiracy, since I’ve signed a book contract with Vox Day’s publishing firm Castalia House.

So not only am I a “useful idiot,” I’m a useful idiot for four contradictory conspiracies. Does that make me a double-double agent?

…click on the above link to read the rest of the article…

The Myth of European Democracy: A Shocking Revelation

The Myth of European Democracy: A Shocking Revelation

The Myth of European Democracy: A Shocking Revelation

It’s an open secret that the “Soros network” has an extensive sphere of influence in the European Parliament and in other European Union institutions. The list of Soros has been made public recently. The document lists 226 MEPs from all sides of political spectrum, including former President of the European Parliament Martin Schulz, former Belgian PM Guy Verhofstadt, seven vice-presidents, and a number of committee heads, coordinators, and quaestors. These people promote the ideas of Soros, such as bringing in more migrants, same-sex marriages, integration of Ukraine into the EU, and countering Russia. There are 751 members of the European Parliament. It means that the Soros friends have more than one third of seats.

George Soros, a Hungarian-American investor and the founder and owner of Open Society Foundations NGO, was able to meet with President of the European Commission Jean-Claude Juncker with “no transparent agenda for their closed-door meeting”, and pointed out how EU proposals to redistribute quotas of migrants across the EU are eerily familiar to Soros’s own self-published plan for dealing with the crisis.

The billionaire financier believes that the European Union should receive millions of immigrants from the Middle East and Northern Africa, provide each one with an annual 15,000 EUR in aid, and resettle these migrants in member-states where they do not wish to go and are not necessarily welcome.

Hungarian Prime Minister Viktor Orbán has accused the EU of “eating out of the hand” of Soros. He believes that the billionaire open borders campaigner is behind the attacks on Hungary. The reason is the government’s attempts to take legal action over a new law which requires foreign-supported ‘civil society’ organizations — many funded by Soros — to list their big overseas donors in a public register and be transparent about their funding sources in their publications.

…click on the above link to read the rest of the article…

 

Chris Whalen: “Glad I Am On A George Soros-Funded Blacklist Of Journalists”

Chris Whalen: “Glad I Am On A George Soros-Funded Blacklist Of Journalists”

At the end of his note today (via TheInstitutionalRiskAnalyst.com), Chris Whalen dropped the following bombshell…

Finally, we cannot fail to mention that The IRA’s Chris Whalen has been included in the list of enemies compiled by the minions of George Soros. 

We are in decidedly good company.  David Ignatius. Ann Coulter. The editor of The Nation. The “tout US journalism.”

Apparently everybody who is anybody in the world of media has earned the enmity of Mr. Soros, the architect of the Ukraine disaster and one of the world’s great war mongers

We bask in his scorn.

For anyone that knows Chris, this is certainly a shock to discover he is so subversive. In a tweet slamming the “authoritarian tilt of warmongers like Soros,” Whalen links to an excellent discussion by Renegade’s Claire Connellyand why black lists matter…

Connelly begins…

There’s a scene in Aaron Sorkin’s critically acclaimed political drama, The West Wing, where President Bartlet, (played by Martin Sheen) is in an argument with his communications director, Toby Ziegler, (played by Richard Schiff) over a speech he has to write condemning Hollywood for its gratuitous use of sex and violence in entertainment:

“…If I were an actor or a writer or uh, uh, uh, a producer in Hollywood and someone were to start coming at me with lists of things that were American and un-American I’d start to think that this was sounding eerily familiar.”

Bartlett replies: “Do I look like Joe McCarthy to you?”, to which Ziegler responds: “Nobody ever looks like Joe McCarthy, Mr President. How do you think they get in the door in the first place?”

Well, I’m afraid to say, Democracy 2.0 is having its own, new, modern-day McCarthy moment.

…click on the above link to read the rest of the article…

China Battles “Impossible Trinity”

China Battles “Impossible Trinity”

Just because something is inevitable does not mean it cannot be postponed.

The popular name for this is “kicking the can down the road,” which is a perfectly good description.

I prefer more technical terms such as dynamic systems in “subcritical” and “supercritical” state space, but it amounts to the same thing.

A financial crisis can be a long time in the making, but it will definitely erupt. When it does, there will be huge losses for those who ignored the warning signs.

China is in a pre-crisis situation today.

It is confronting the harsh logic of the “Impossible Trinity.”

The Impossible Trinity theory was advanced in the early 1960s by Nobel Prize-winning economist Robert Mundell. It says that no country can have an open capital account, a fixed exchange rate and an independent monetary policy at the same time.

You can have one or two out of three, but not all three. If you try, you will fail — markets will make sure of that.

Those failures (which do happen) represent some of the best profit-making opportunities of all. Understanding the Impossible Trinity is how George Soros broke the Bank of England on Sept. 16, 1992 (still referred to as “Black Wednesday” in British banking circles. Soros also made over $1 billion that day).

The reason is that if more attractive total returns are available abroad, money will flee a home country at a fixed exchange rate to seek the higher return. This will cause a foreign exchange crisis and a policy response that abandons one of the three policies.

But just because the trinity is impossible in the long run does not mean it cannot be pursued in the short run. China is trying to peg the yuan to the U.S. dollar while maintaining a partially open capital account and semi-independent monetary policy. It’s a nice finesse, but isn’t sustainable.

…click on the above link to read the rest of the article…

US Lawmakers Are Probing Soros’ Involvement In European Politics

US Lawmakers Are Probing Soros’ Involvement In European Politics

After years of tangential accusations, which never amounted to anything concrete, George Soros’ alleged meddling in European politics has finally caught the attention of Congress.

As we first observed in early January, concerns about Soros’ involvement were most recently raised by the Hungarian prime minister, who last week once again lashed out at the Soros “empire” and accused it of deploying “tons of money and international heavy artillery.”  But what was not reported, is that just days earlier, Republican lawmakers in Washington had started asking questions about whether U.S. tax dollars also were being used to fund Soros projects in the small, conservative-led country of Macedonia.

Rep. Christopher Smith, R-N.J., led a group of House lawmakers in writing to Ambassador Jess Baily, an Obama appointee, demanding answers.  Smith voiced concerns that tax dollars are supporting Soros’ activities in trying to have a socialist government replace the current conservative government in the small nation.

” … it seems that the U.S. government funded organizations that have taken sides, specifically, the side of the socialists, which is absolutely unacceptable. I think this is illegal and we will examine this case to the fullest extent,” he said.

“We need to have a detailed oversight into what the administration has been doing over the past eight years because we have been taking sides politically in other countries as well, and there have been other similar incidents. That undermines U.S. public diplomacy and our diplomacy in general. It is against the law and is unheard of,” Smith added.

As Fox News reported, Sen. Mike Lee, R-Utah, also expressed concerns about USAID money going to Soros’ Open Society Foundations as part of a broader concern that the U.S. Embassy has been taking sides in party politics.

…click on the above link to read the rest of the article…

The Clintons and Soros launch America’s Purple Revolution

The Clintons and Soros launch America’s Purple Revolution

The Clintons and Soros launch America’s Purple Revolution

Defeated Democratic presidential candidate Hillary Rodham Clinton is not about to «go quietly into that good night». On the morning after her surprising and unanticipated defeat at the hands of Republican Party upstart Donald Trump, Mrs. Clinton and her husband, former President Bill Clinton, entered the ball room of the art-deco New Yorker hotel in midtown Manhattan and were both adorned in purple attire. The press immediately noticed the color and asked what it represented. Clinton spokespeople claimed it was to represent the coming together of Democratic «Blue America» and Republican «Red America» into a united purple blend. This statement was a complete ruse as is known by citizens of countries targeted in the past by the vile political operations of international hedge fund tycoon George Soros.

The Clintons, who both have received millions of dollars in campaign contributions and Clinton Foundation donations from Soros, were, in fact, helping to launch Soros’s «Purple Revolution» in America. The Purple Revolution will resist all efforts by the Trump administration to push back against the globalist policies of the Clintons and soon-to-be ex-President Barack Obama. The Purple Revolution will also seek to make the Trump administration a short one through Soros-style street protests and political disruption.

It is doubtful that President Trump’s aides will advise the new president to carry out a diversionary criminal investigation of Mrs. Clinton’s private email servers and other issues related to the activities of the Clinton Foundation, especially when the nation faces so many other pressing issues, including jobs, immigration, and health care. However, House Oversight and Government Reform Committee Chairman Jason Chaffetz said he will continue hearings in the Republican-controlled Congress on Hillary Clinton, the Clinton Foundation, and Mrs. Clinton’s aide Huma Abedin. President Trump should not allow himself to be distracted by these efforts. Chaffetz was not one of Trump’s most loyal supporters.

…click on the above link to read the rest of the article…

Oilmageddon, Central Banks And Liquidity: The 3 “Feedback Loops” Keeping Citi Up At Night

Oilmageddon, Central Banks And Liquidity: The 3 “Feedback Loops” Keeping Citi Up At Night

In recent months we have seen a dramatic spike in visualizations by sellside analysts, who appear to have finally grasped the reflexive nature of markets first noted so many years ago by none other than George Soros, which – with the Fed involved in all of them – show just why Janet Yellen is trapped.

First, it was Bank of America who in early may sketched the not-so-merry-go-round framing the relationship between the Fed and the market as follows (for our commentary read here):

Then just a few weeks later, when Goldman soured on China and the Yuan, the vampire squid revealed the Fed-China “doom loop” showing the Catch 22 relationship between the USD and the Yuan and how the S&P500 works as an intermediate buffer between the two.

Now it is Citi’s turn to unveil its own charting artistry with the following chart summarizing what it sees as the 3 big feedback loop risks as the world enters the “volatile” phase of the centrally-planned market and global economy. Presented without commentary.

George Soros: “Brexit Makes EU Disintegration Irreversible”

George Soros: “Brexit Makes EU Disintegration Irreversible”

Just four days ago, the “big guns” when George Soros wrote a Guardian op-ed titled  “The Brexit crash will make all of you poorer – be warned” in which he said that “as opinion polls on the referendum result fluctuate, I want to offer a clear set of facts, based on my six decades of experience in financial markets, to help voters understand the very real consequences of a vote to leave the EU.” We promptly countered that Soros’ set of “facts” may be clouded by his far greater equity stake in interests around Europe, and the globe, which would be drastically impacted by not only a Brexit, but by a European Union which is suddenly on the rocks.  That’s precisely what happened when, as we wrote earlier, the world’s 400 richest people lost $127.4 billion Friday following the Brexit vote.

Soros was among them.

However, seemingly unhappy that his generously altruistic warning was so roundly ignored by the peasants, not to mention his sudden concern about the future of the European Union whose collapse would also destroy the premise behind Soros’ Open Society globalization initiative, the 85-year-old billionaire has decided to follow up with a case of sour grapes and go all in, making another forecast – since his first one was so clearly rejected – and in what may end up roiling markets even more, moments ago Soros said in his second op-ed of the week that the “catastrophic scenario that many feared has materialized, making the disintegration of the EU practically irreversible. Britain eventually may or may not be relatively better off than other countries by leaving the EU, but its economy and people stand to suffer significantly in the short to medium term.

…click on the above link to read the rest of the article…

Heretical Thoughts And Doing The Unthinkable

Heretical Thoughts And Doing The Unthinkable

Heresy!

The Dow rose 222 points on Tuesday – or just over 1% – and everyone was exuberant…but things have not turned out well since. We agree with hedge-fund manager Stanley Druckenmiller: This is not a good time to be a U.S. stock market bull.

Druckenmiller

Legendary former hedge fund manager Stanley Druckenmiller at the Ira Sohn conference – not an optimist at present, to put it mildly.

Speaking at an investment conference in New York last week, George Soros’ former partner warned that…

“…higher valuations, three more years of unproductive corporate behavior, limits to further easing, and excessive borrowing from the future suggest that the bull market is exhausting itself.” 

But we promised to return to the scene of our crime today. In these pages, we recently committed heterodoxy… even heresy! We don’t know what got into us and we are deeply sorry for our misdoings, the remembrance of which is grievous unto us…

… but in a moment of weakness (oh, ye gods of democracy, why have you forsaken us?) we dared to question whether voting makes any damned sense. We concluded that it didn’t.

We don’t know the candidates well enough to know who is really better. We don’t have any idea what challenges the next president will face, nor which candidate would be better equipped to deal with them. We don’t know if the candidates believe what they say they believe or whether they will do what they promise to do.

We only know our vote, statistically, won’t make a bit of difference. And that we don’t want the “lesser of two evils.” And that we don’t feel any obligation to play this game! Dear readers canceled their subscriptions… and heated up their irons.

…click on the above link to read the rest of the article…

When the Game Changes

“In a free market, the price and quantity of an item are determined by the supply and demand for that item.”

In their efforts to jam the square peg of financial theory into the round hole of human nature, economists have perpetrated some pretty stupid things. But few of them are dumber than the efficient market hypothesis. EMH states that it is impossible to beat the market because the efficiency of the market means that prices always incorporate and reflect all relevant information. Why was the Dow Jones Industrial Average worth 22.6% less on Tuesday October 20th 1987 than it had been the previous day ? Why is Warren Buffett worth $67 billion ? Must be all that efficiency.

George Soros (estimated net worth: $25 billion) is also a pretty good refutation of the efficient market hypothesis. As a student at the LSE, Soros chose the Viennese-born philosopher Karl Popper as his tutor. Popper argued that empirical truth can never be known with absolute certainty; scientific laws can never be conclusively proved, they can only be given provisional authority, until some better theory intercedes. No amount of confirmation is sufficient. One failed test is enough to falsify.

“While I was reading Popper I was also studying economic theory and I was struck by the contradiction between Popper’s emphasis on imperfect understanding and the theory of perfect competition in economics which postulated perfect knowledge. This led me to start questioning the assumptions of economic theory.”

Buffett’s refutation is less elegant, but equally effective:

“I’d be a bum on the street with a tin cup if the markets were always efficient.”

 

…click on the above link to read the rest of the article…

Putin Denounces “Panama Papers” As U.S. Plot To Destabilize Russia

Putin Denounces “Panama Papers” As U.S. Plot To Destabilize Russia

The last few days days have been rife with speculation about the motivation, if any, behind the release of the Panama Papers, with the most prominent example coming from Wikileaks two days ago on Twitter which accused the journalist consortium behind the leak, the ICIJ, of being a “Washington DC based Ford, Soros funded soft-power tax-dodge which has a WikiLeaks problem” and adding that “PanamaPapers Putin attack was produced by OCCRP which targets Russia & former USSR and was funded by USAID & Soros.”

Washington DC based Ford, Soros funded soft-power tax-dodge “ICIJ” has a WikiLeaks problem https://twitter.com/ChMadar/status/717395684207550467 


 Putin attack was produced by OCCRP which targets Russia & former USSR and was funded by USAID & Soros.

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