Thursday, March 26, 2009

Liberty vs. George Soros

George Soros is a statist case in point. Referred to variously as both Hungarian and American, Soros was born in Hungary, and is ethnically Jewish but religiously an Atheist. Soros has taken every opportunity to fund and support the Left-most candidates and propositions, including in states where he does not live. One specific memory I have is of his massive support for abortion in the elections in Arizona. Has Soros even been to Arizona? No matter, his vast wealth has been.

Soros has not just fought for the destruction of American institutions, he has bet his wealth against them, in his Quantum Investment Fund, a hedge fund. Now Soros grins massively as he exults, “I’m having a very good crisis!”.It is widely suspected that Soros has contributed controlling amounts of funding to American candidates, including massive funding to the record breaking campaign fund of Barack Obama. Obama has always been a fellow traveler of the socialist ideas that Soros revels in.

Soros will have to be dealt with if liberty is to be salvaged. But he is not the only wealthy patron of statism. One would think that more and more of them are being created by the Obama bailouts, as taxpayers take the losses and bankers reap the gains. When there is no financial downside for supporting statism, when there is only financial gain - in fact financial gifts of billions, no questions asked and no transparency - well, why would they continue to support free markets?

If Soros is as smart as he projects himself to be, he probably also owns his share of banks and financial institutions, and has raked off the cash from both ends. And if that is the case, we are funding our own tyranny-to-come.

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