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Sunday, May 19, 2024

George Soros: The not-so-good samaritan from hell

Everyone loves a good samaritan tale. They bring a smile to your face, choke you with emotion, and reestablish your faith in humanity. Margaret Thatcher theorizes, “No one would remember the Good Samaritan if he’d only had good intentions; he had money as well.” History is littered with examples of do-gooders who went from rags to riches, overcame the toughest social barriers and persecution to come out on top, and used their material wealth and influence to bring some joy and succor in the lives of their unfortunate brethren.

I’m pretty sure you can name the benevolent father figure who cheated death at the hands of Nazis, manipulated his way out of the war, emigrated to America, made billions in the financial industry, and spent a lot on charity to improve the world. Siggi Wilzig, right?[1] No, the name that usually pops up first in your head is George Soros, which only goes to show how money spent on cultivating a clique of pliant champagne liberals in the media-academia ecosystem can whitewash one’s crimes and fashion a squeaky-clean do-gooder out of a Nazi war criminal.

Making of ‘Soroi’

Soros was born in Hungary to a prosperous, non-observant Jewish family, who, like many upper-middle-class Hungarian Jews at the time, were uncomfortable with their roots. Soros had once wryly described his house as a “Jewish antisemitic home.” The family later changed their name from the German-Jewish ‘Schwartz’ to ‘Soros’ as protective camouflage in the increasingly antisemitic Hungary, and the family even purchased documents that marked them as Christians and not Jews. At the age of 14, George Soros was sent to live with a Nazi collaborator as his Christian godson, and it is here that one can see how Soros acquired his unscrupulous blueprint of being a merchant of extermination without feeling an iota of guilt for his actions and complicity. “That’s how my character was made,” says Soros.

“While hundreds of thousands of Hungarian Jews were being shipped off to the death camps, George Soros accompanied his phony Godfather on his appointed rounds, confiscating property from the Jews.”[2] Soros justifies his collusion by rationalizing that somebody else would have done it if he had not done it. It is probably in Nazi Hungary that Soros perfected his formula of being amoral sometimes to make a fortune and then be moral about it and spread it around a bit in charity. It is this oversimplified conscience-numbing hypothesis that carried Soros across the borders from a struggling trader to a currency-speculating maverick who ravaged the Pound, forcing Economist Paul Krugman to brand him with a bunch of “investors who not only move money in anticipation of a currency crisis but do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is “Soroi.”[3]

Soros – The man who broke the Bank of England

Soros’ notoriety continued even after he became ‘The Man Who Broke the Bank of England’ with his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion, during the 1992 Black Wednesday UK currency crisis. By 2002, a French court convicted him of insider trading for stock transactions 14 years ago and ordered him to pay a fine of $2.2 million[4].

His biggest claim to infamy came In 1997, during the Asian economic crisis, when Prime Minister Mahathir Mohamed of Malaysia openly blamed Soros for the slide in Asian currencies that began that year and accused him of trying to get rich by impoverishing developing countries[5]. How much did Soros score in 1997? Well, research documents that 10,400 people killed themselves due to this crisis in Hong Kong, Japan, and South Korea. Even today, we have urban legends making the rounds, wherein a high-flying stockbroker was reduced to selling sandwiches and a businesswoman whose boss told her to “take care of the work for me” before hanging himself. This period is called the “tom yum kung” crisis, after the local hot-and-sour soup, presumably because it was such a bitter and searing experience.[6]

Indeed, next time you read some news piece on Soros’ billions being donated to charity in yet another godforsaken region, you may want to put it in the context of these 10,400 lives lost senselessly, with Soros nonchalantly shrugging them off with how he is there to make money and “cannot and do not look at the social consequences of what I do.”

Crook by blood, despot at heart

Soros did easily write off the collateral damage of his colossal actions by dismissing them as mere “social consequences” but then cometh a wave of charitable donations from this newly-minted blood billionaire that were to change the face of history. The world was stunned as he invested more money than the US government in dismantling Communism from the Eastern bloc via his Open Society Foundation (OSF). So much so that he has openly bragged that the former Soviet empire is now the “Soros Empire.’.

The more you try to build a psych profile of the man, the more you are convinced that Soros probably thinks of him as someone specially anointed by God. It’s a bit more than that; Soros once wrote how he “fancied myself as some kind of god” and “carried some rather potent messianic fantasies with me from childhood” but only felt “comfortable about it now since I began to live it out.” Ohh, that might come across as deliriously nutty for many of you, till you consider what Soros confided on British TV: “Next to my fantasies about being God, I also have very strong fantasies of being mad.”[7]

Is that the reason why Soros hides behind multiple personas? Well, his Open Society foundations have facilitated coups and rebellions in many countries, ostensibly in the interests of “democratization.” In a 1995 New Yorker profile, Soros told his interlocutor that his Open Society network’s “subversive” mission had required him to wear various masks through the years. He would adopt a pro-communist pose in some countries, while in others, he would play the anti-communist. Only Soros himself knew where he stood—and perhaps not even Soros. “I would say one thing in one country and another thing in another country,” he laughed.

The November 2003 uprising that toppled Georgian President Eduard Shevardnadze is a case in point. While visiting Ukraine, Soros categorically denied press reports linking him to the coup. He told reporters in Kyiv on 31 March 2004, “Everything in Georgia was done by its people, not by me. I had nothing to do with it.” However, in July, the Los Angeles Times quoted Soros thus: “I’m delighted by what happened in Georgia, and I take great pride in having contributed to it.” Which version is to be believed?[8]

His game of smoke and mirrors continues. “Soros once described the influence of large cash donations in politics as ‘a fundamental crisis in democratic self-government’. This, however, did not stop him from channeling his ‘political philanthropy’ through an intricate, multilayered web.”

However, the moot question is: considering his shrill demand for an open society, how open and transparent are Soros and his organizations? The answer might stun you into silence. In 2016, Tranparify rated Soros’ OSF as “highly opaque and the least transparent” of “200 think tanks… in 47 countries” worldwide that were ranked[9]. Can you visualize his satanic fog of deception now?

Satan vs. Sanatan

It is especially fascinating to analyze George Soros’ well-known fixation with India. It is eminently obvious that his interest in India is not related to business. After all, there is hardly a chance for his fund to trigger a currency war with the Indian Rupee, considering that the rupee is still not fully convertible. This means that the rupee can be exchanged until a certain limit; however, beyond that, approval is required for larger sums[10]. Could it be that he looks at India as not an open society? Oh, but how does he define an open society? Alex Soros – George’s son, qualifies it in an interview, “The reason you fight for an open society is because that’s the only society that you can live in, as a Jew.”[11] But by that logic, India does qualify handsomely, as it has been the only state since time immemorial to have never discriminated against the Jews, considering the biblical settlements of Jews prospering in Kerala and Maharashtra and the way Maharaja Digvijaysinhji Ranjitsinhji Jadeja of Nawanagar – the Indian Oskar Schindler hosted 1000 Polish children of Jewish origin during WWII, who were left at sea by the world[12].

Ever the Modi hater, Soros is working with I.N.D.I. Alliance to affect a regime change in India

Is Soros worried about India’s treatment of minorities? Well, he need not, if you go by the Pew report of how 89% of Muslims felt free to practice their religion in India, as did 91% of Hindus, 89% of Christians, 82% of Sikhs, 93% of Buddhists, 85% of Jains and 91% of the overall Indian population. Maybe Soros is worried that Indians look upon PM Modi as an unpopular dictator. Flash news: the latest Pew survey ahead of the G20 summit declares that a mammoth 80% of Indians have a favorable view of PM Modi, with 55% having a very favorable view.[13]

So, why do Soros and his OSF look at PM Modi as some totalitarian tyrant? To answer that, you have to look at Soros’ definition of a dictator: “A perfect way to tell a dictator or a would-be dictator is if he identifies me as an enemy.”[14] That sums it up neatly, doesn’t it? Right from his days as the Chief Minister of Gujarat, Narendra Modi was never a fan of foreign NGOs meddling in policy matters and governance. Since he became a PM in 2014, his administration has put severe strictures on many dubious foreign-funded NGOs and their funding. With this single move, PM Modi had short-circuited all the deep connections that George Soros had made in the Lutyens and Khan Market circles of Left-liberals.

There’s a lot more to the story here. Not many are aware that Soros enjoys a deep familial relationship with the Nehru-Gandhi family, as his kin Fori was married to BK Nehru – Indira Gandhi’s cousin.[15] It was during the pre-2014 UPA reign that Soros made deep inroads into our Left-lib space. Surprised? You thought that Soros and Congress gunning after the same target in Adani was a random coincidence, right? Soros’ closest pals in Congress include Shashi Tharoor and Jairam Ramesh. Ex-PM Manmohan Singh’s daughter Amrit Singh too cut her teeth at his Open Society. Naturally, India witnessed Soros’ millions at work at every Breaking India event in the last few years, including the Farmers’ protest, Shaheen Baug, Anti-CAA riots, Khalistani terror activities, etc. Soros’ point man in India – Salil Shetty, was even actively involved in Rahul Gandhi’s recent Bharat Jodo Yatra.

But the covert connection would only come to the fore during the Adani-Hindenburg scandal, when George Soros finally took the stage to declare how the Narendra Modi government will be weakened by the woes of Adani, opening the door to a “democratic revival” in the country.[16] Such was the elation amongst Congress leaders after Soros’ tirade that a few Rahul Gandhi aides went to town brandishing it as the validation of their fight against Modi, forcing the Congress to tone their rhetoric and downplay the public sentiment that the entire Hindenburg charade was at the behest of Soros.[17]

The Hindenburg fiasco begets a fundamental question: What prompted Soros to come out overtly swinging against PM Modi on the Adani issue? To answer that correctly, one needs to see the entire episode from the point of view of possible market outcomes. Adani Group was India’s second-largest conglomerate by market cap when US short-seller Hindenburg Research’s report emerged. In the subsequent 15 trading sessions, $125 billion, or half the value of Adani stocks, had been wiped out. Usually, such massive market cap erosion of a major business house would have been enough for all major investors to lose their confidence in the India growth story and hit the sell button on stocks that are not even connected to the panic. Such a cataclysmic event would have triggered a bloodbath on the market floor, staining all the pink pages with a hue of red, setting back India’s growth story by decades and leaving PM Modi & Co embarrassed on the world stage, with FIIs taking the first flight out of India.

Unfortunately for Hindenburg and its backers, none of this happened; the market fluctuated for a few days, but the investors maturely saw through the deception and steadfastly remained committed to India. Yes,  the Adani stock fall had the least ripple effect on Sensex – just 0.5% in 15 days as against -9.5% after the ILFS scam or -11.3% after the 9/11 attacks or -12.8% after the subprime bubble burst.[18] Contrary to the expectations of George Soros, the Congress party, and the global media, there was just no color revolution, a revolt, or a riot foaming in the streets in India. In reality, PM Modi’s stock shot up after this fiasco for taking up cudgels against such damaging entities.

Recently, the Enforcement Directorate (ED) probing into the market crash has revealed 12 dicey companies to have directly benefited from the market manipulation – 9 of which are based in foreign tax havens. Was George Soros behind this market crash? The ED has not revealed any names yet but suggests that “FPIs and FIIs may be acting as brokers for larger overseas players, rather than being the ultimate beneficiaries of the gains from short selling.[19]

The question remains: Has Soros learned his lessons in India? Hardly. We had reports on how OCCRP – the Organized Crime and Corruption Reporting Project, an organization funded by George Soros and Rockefeller Brothers Fund- is planning another ‘expose’ on certain corporate houses in India[20] And true to form, we are now seeing yet another wave of PR reports exploding in the media on how “Modi-linked Adani family secretly invested in own shares.”[21]

The final solution?

At this point, George Soros and his ilk need to question themselves on their motto of “If I spend enough, I can make it right.”[22] If one seriously takes stock of the aftermath of Soros’ billions spent in refashioning the world, one will discover that the end outcomes have been disastrous for everybody in the value chain except Soros. His foundation has been banned and thrown out of almost every Eastern Bloc country he set out to liberate. His very own home country has branded him as the enemy of the state, and his name invokes ire and exasperation across the country, which he counters back as antisemitism. It is interesting to note here that despite an overt display of suspected antisemitism in Hungary, Israel chose to attack George Soros on how he “continuously undermines Israel’s democratically elected governments by funding organizations that defame the Jewish state and seek to deny it the right to defend itself.”[23]

Come to think of it, one would expect Soros and his OSF to go after Pakistan in the subcontinent, which boasts of minority extermination as a state policy. Why are Soros’ billions not being poured to rectify the situation? It turns out that Pakistan has already thrown out OSF and a few other foreign-funded NGOs, accusing some of using their work as a cover for espionage.[24]

But by now, Soros is desperately trying to change his spots. Mind you, he has even changed the very enemy that he set out to fight against. “The main enemy of open society, I believe, is no longer the communist but the capitalist threat,” he opines while turning against the very system that nurtured him and allowed him to earn them billions[25].

It’s a tragedy for Soros – especially in India, wherein, despite his all-out attack against the sovereign government, he failed to reverse the entrenched positive sentiment against PM Modi. Will India be the graveyard of his charity billions? As PM Modi continues to burnish India’s image worldwide, all that George Soros can do is puppeteer I.N.D.I.Alliance towards a glorious failure.

For once, Soros might realize that his billions can’t move the faith of a billion Indians!!!

(The article was published on on September 03, 2023 and has been reproduced here)


[1] Wikipedia. 1998. “Siggi B. Wilzig.” Wikipedia.

[2] 60 Minutes. 1998. “George Soros 1998 60 Minutes Interview : 60 Minutes : Free Download, Borrow, and Streaming.” Internet Archive.

[3] Salant, Stephen. 1999. “Currency Crises.” National Bureau of Economic Research.

[4] Richburg, Keith B. 2002. “Soros Found Guilty of Insider Trading.” The Washington Post.

[5] Ravishankar, Sandhya. 2023. “Explained: How George Soros Sparked The 1997 Asian Financial Crisis.” The Lede.

[6] Economist. 2017. “What Asia learned from its financial crisis 20 years ago.” The Economist.

[7] Ehrenfeld, Rachel. 2004. “George Soros: The ‘God’ Who Carries Around Some Dangerous Demons.” Los Angeles Times.

[8] Horowitz, David. 2022. “The Shadow Party.” Google Books.,+and+another+thing+in+another+country,%E2%80%9D&pg=PA21&printsec=frontcover

[9] Ehrenfeld, Rachel. 2022. “The Soros Agenda.” Google Books.

[10] Springwala, Zoya. 2023. “Why George Soros may not be able to cause Indian rupee crisis, unlike Thai baht, Malaysian ringgit: Explained.” The Financial Express.

[11] Steinberger, Michael. 2018. “George Soros Bet Big on Liberal Democracy. Now He Fears He Is Losing. (Published 2018).” The New York Times.

[12] Mehta, Manik. 2017. “How the ‘Indian Oskar Schindler’ took in 1000 Polish children during WWII.” The Times of Israel.

[13] TOI. 2023. “80% of Indians have favourable view of PM Modi, Pew survey finds | India News – Times of India.” The Times of India.

[14] Martin, Ralph. 2022. “A Church in Crisis.” Google Books.

[15] Express. 2022. “.” Indian Express.

[16] SHARMA, KIRAN. 2023. “George Soros’ claims of Adani-Modi link spark uproar in India.” Nikkei Asia.

[17] Poonawalla, Shehzad. 2023. “’Ye Rishta Kya Kehlata Hai’: BJP asks Congress after George Soros fiasco.” OpIndia.

[18] Gujar, Aseem. 2023. “Adani Group Stocks: Why Indian stock market is stable despite Adani mcap rout | India Business News – Times of India.” The Times of India.*1hfrsp0*_ga*MjEzNjMyNTY3OC4xNjkyNzc5NDQw*_ga_WZ3Z4GGVRC*MTY5MzQwOTcwMC4yLjEuMTY5MzQxMTM5Ni40NC4wLjA.*_gcl_au*MTc0

[19] Das, Koustav. 2023. “12 firms gained from short selling in Adani Group shares: Report.” India Today.

[20] DNA. 2023. “Hindenburg 2.0? George Soros-backed OCCRP planning another ‘expose’ on Indian corporate house.” DNA India.

[21] Ellis, Hannah, and Simon Goodley. 2023. “Modi-linked Adani family secretly invested in own shares, documents suggest.” The Guardian.

[22] Ehrenfeld, Rachel. 2022. “The Soros Agenda.” Scribd.

[23] Haaretz. 2017. “On Netanyahu’s orders: Israel’s Foreign Ministry retracts criticism of anti-Semitism in Hungary and slams George Soros.” Haaretz.

[24] Sayeed, Saad. 2017. “Pakistan orders George Soros foundation, other aid groups to close.” Reuters.

[25] Soros, George, and Olga Khazan. 1997. “The Capitalist Threat.” The Atlantic.

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