Common Folk Using Common Sense

From The Hill:

The billionaire financier George Soros, a major Democratic financial backer, is floating his own rescue plan among Democratic lawmakers who are uncertain what to do in the wake of a surprise defeat of a proposed $700 billion rescue package proposed by Treasury Secretary Henry Paulson.

Soros has outlined his plan in an opinion editorial in the Financial Times and circulated a concept paper among decision-makers.

Specifically, the liberal philanthropist has proposed that government funds should be used to recapitalize the American banking system by purchasing equity in banks and investment firms.

George Soros, born 1930, in Budapest, Hungary, is an American financial speculator, stock investor, philanthropist, and political activist, with an estimated current net worth of around $9 billion.

In an interview with The Washington Post on November 11, 2003, Soros said that removing President George W. Bush from office was the “central focus of my life” and “a matter of life and death.” He said he would sacrifice his entire fortune to defeat President Bush, “if someone guaranteed it.”

Soros gave $3 million to the Center for American Progress, committed $5 million to MoveOn, while he and his friend Peter Lewis each gave America Coming Together $10 million - all were groups that worked to support Democrats in the 2004 election.

Directly and through his organization Open Society Institute (OSI), he has funded various gun control organizations, such as the Tides Foundation, the HELP Network and SAFE Colorado. He and seven friends founded their own political committee — Campaign for a Progressive Future — and spent $2 million on political activities in 2000, including providing the prime financial backing for the Million Mom March. OSI has supported UN efforts to create international gun control regulations and has singled out the United States for failing to go along with other countries on international gun control measures.

Soros’ strong Liberal political philosophy, along with his push to restrict the civilian ownership of firearms, does not make him a hero to me. Rather he seems to be a pompous Socialist elitist. Atheist and One-Worlder Mr. Soros is a Socialist who, having made his money under capitalist rules, now opposes our constitutional system of government, in which private property rights originally were of equal stature with all other personal rights, by funding socialist organizations here and abroad. And now he’s advocating the government ownership of private banking and investments in the US.

Former National Review contributor and ex-House Republican staffer Phil Brennan called Soros a “socialist billionaire,” and lumped him with the group of American “progressives” who he says spend their time “sitting in their privileged retreats, contemplating the glories of such heroes of socialism as Fidel Castro, Adolf Hitler, Joseph Stalin, Benito Mussolini and that great leader of Iraq’s socialist Ba’athist party Saddam Hussein.”

Soros sees himself as continuing the political philosophy of Karl Popper. As expounded in books such as “The Open Society” and “Its Enemies Popper” he argued against the idea of trying to establish a “perfect” society in favor of accepting an “open” society as one subject to permanent improvement by piecemeal social engineering … just as long as he gets to stay on top.

Soros, Democrat, Open Society Institute, Tides Foundation, Liberal, Socialist, capitalist

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