A recent report in Politico, “Pro-Palestinian protesters are backed by a surprising source: Biden’s biggest donors,” claims that organizations tied to George Soros’s “Open Society Foundations” have financial connections to the anti-Israel protesters sweeping the country lately. These groups, according to reports, have done approximately $750,000 worth of damage to the Portland State University Library alone. This, along with other information discussed below, prompts the inevitable question: Why is Soros still allowed in this country?
He isn’t allowed in Hungary. Not because he’s been banned, but because the Hungarian government – in part due to a law cracking down on illegal immigration as well as those, like Soros, who aid and abet it– has simply made it difficult for left-wing, open border groups like the “Open Society Foundations” to continue their political pursuits.
This development ought to be a red flag to Americans, for, since Soros is a Hungarian native, it stands to reason that, of all other geo-political actors, that country knows him better than anyone.
There is much to know.
Soros, ethnically of Jewish origin, worked as a courier for the Nazis when Hungary was under German occupation during World War II. His job was to locate fellow Jews for deportation—an act that almost certainly meant execution. When asked by Steve Kroft years later on “60 Minutes” if such work weighed on his conscience, Soros’s reply was, “Not at all.”
Then there was the shorting of the British pound.
In 1992, Soros, having escaped the Nazis of Hungary, in part by pretending to be a Christian, was now a successful financier in America – and the British pound was in trouble. It was during the days of the European Exchange Rate Mechanism (ERM) – a precursor to the Euro – and the UK, who had pegged its currency to the ERM, was finding the arrangement increasingly difficult, partially due to its own high inflationary environment. The pound was trading for 2.95 Deutschmarks and, by law, had to remain within plus or minus 6% of this ratio. Because of the inflation, as well as other economic factors in England at the time, Soros did not believe the pound could retain its strong standing against the Deutschmark, so he bet against it.
Shorting a currency happens when an investor borrows that currency and exchanges it at the current price, waits for it to fall in value to buy it back at its cheaper price, and then returns it to the owner, keeping the difference between the original, higher sale price and the lower price at which the currency was bought back.
Once Soros moved against the pound, the already teetering currency took a nose dive, and the financier walked away with one billion dollars for his firm.
What was heaven for Soros was hell on the UK, Matt Palumbo explains in “The Man Behind the Curtain: Inside the Secret Network of George Soros.” “The economic damage far exceeded Soros’ gain, with U.K. export and import prices in pounds increasing by roughly 20 percent,” Palumbo writes. Soros had no compunction about hurting people, Palumbo explains. “I was, in effect, taking money out of the pockets of British taxpayers,” Soros said. “But if I had tried to take social consequences into account, it would have thrown off my risk-reward calculation, and my profits would’ve been refused.” This day would live forever in the annals of British history as “Black Wednesday,” and Soros was known as “The Man Who Broke the Bank of England” ever since.
Sadly, American leaders, including most of the press, do not share these views of Soros. A quick internet search while writing this article found literally no accounts of “Black Wednesday,” and the reports about Hungary characterize Prime Minister Victor Orbán as a villain for wanting to close his country’s borders to illegals.
But the above instances force yet another question: what are Soros’s plans for our country?
It isn’t difficult to know, for he has written about it himself. Based on the writings of Karl Popper, Soros’s “Open Society” aims for no national borders, legalized drugs, and the destruction of nation-states, particularly those like the United States and Israel, whose origins have anything whatsoever to do with Christianity.
Unfortunately, he seems to have found his political soulmate with the current presidential administration. But this shouldn’t matter. Soros’s past destructive habits, coupled with current reports about anti-Israel destruction on college campuses and his commitment to open borders, should cause the U.S. to follow Hungary’s lead, passing laws making it more difficult for Soros and his open society initiatives to find a footing here.
Be it, therefore, resolved: George Soros should not be allowed to operate politically in this country.
Along with his father, Allen Keller runs a lumber business in Stevenson, Alabama. He has a Ph.D. in Creative Writing from Florida State University and an MBA from University of Virginia. He can be reached for comment atallen@kellerlumber.net.
The views and opinions expressed here are those of the author and do not necessarily reflect the policy or position of 1819 News.
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