Tag Archives: george soros

George Soros Funded “Libyan Scenario” Now Unfolding in Ukraine

Back in 2011 the Party of Regions warned that if left unchecked the globalist financier George Soros would unleash a “Libyan scenario” on Ukraine.

“I even have information that Soros has allocated certain funds in order to prepare a certain group of young boys here in Ukraine who could launch any existing projects based on the North Africa examples,” said Aleksandr Yefremov, head of the Party of Regions parliamentary faction.

A “certain group of young boys,” namely violent gun-toting hooligans from the Right Sector and associated neofascist groups, are reportedly in control of Kyiv as of Saturday. Members of 31st Hundred, an opposition group from Lviv, were said to be in control of Ukraine’s Parliament building, The New York Times reports, and the president, Viktor Yanukovych, has fled the capitol. Protesters have taken control of his home.

The United States and NATO supported mercenaries in Libya who overthrew the government and murdered its leader, Col. Muammar al-Gaddafi. Libya is now paralyzed by factional, regional, tribal and ideological divisions, a fate Ukraine now confronts as stores are looted, cash machines emptied, and a mass exodus departs the capitol for Odessa, Simferopol and Kharkov, Ukrainian cities largely loyal to the government and less affected by the turmoil, according to Russia Today.

In 2008 the now imprisoned former prime minister, Yulia Timoshenko, talked about the role George Soros played in Ukrainian politics and the advice he gave following the financial crisis.

“This raised suspicions that through such advice George Soros could influence the rate of the Ukrainian national currency in his own speculative interests. Several officials from president Yushchenko’s administration said they wanted to launch a probe into Soros’ Ukrainian activities, but it did not happen,” RT.com reported in 2011.

In 2010 the Ukrainian State Security Service began monitoring the activities of the Soros sponsored and funded Vozrozdeniye (“Renaissance”) foundation and its connection to other NGOs operating in the country. The investigation did not produce actionable results.

In response to the accusations leveled by Aleksandr Yefremov, the Soros Foundation “said in a special statement that all funds allocated for Ukrainian programs are being spent on the development of the open and democratic society and also for helping Ukrainian citizens, who suffered from the effects of the international financial crisis.”

In January we reported on the cynical attempt George Soros Funded “Libyan Scenario” Now Unfolding in Ukraine by Soros to undermine Ukraine and other nations in the Russian Federation. Soros’ Open Society Institute, now known as Open Society Foundations (OSF), doles out grants to activist NGOs in central Europe and builds upon and continues the work of the Ford Foundation. Since the early 1950s, the CIA has used the Ford Foundation as a funding cover. Soros and a handful of U.S. organizations such as the National Endowment for Democracy destabilize and overthrow governments, tasks formerly accomplished by the CIA.

The destabilization of the Ukrainian government is part of an ongoing geostrategic move by the globalists to undermine any challenge to their hegemonic designs. Libya suffered the result of what is essentially an order out of chaos plan. A similar plan on Russia’s frontier is now underway.

[H/T Info Wars]

Media Silence: Soros Fingerprints All Over FCC Newsroom Probe

(Breitbart) — The real mystery behind the FCC’s now abandoned “study” to police American newsrooms is why the mainstream media refused to raise holy hell over it. While Obama’s lapdogs refused to bark, it was conservative media who fought for newsroom independence and got the FCC to finally back down. Other than the media’s natural obedience to Obama, the fact that the fingerprints of left-wing billionaire George Soros have been found on the FCC study might also help to explain the media’s silence.

CNS News reports that for the first ten years of the last decade, Soros donated more than $52 million to numerous media outlets. In a world where the media is dying a slow, painful suicide (brought about by their own incompetence and corruption), that is no small amount of money. And you can bet that those media organizations that have not benefited from Soros’ largesse would someday like to. So why antagonize him?

The media’s hands-off policy with Soros is nothing new. While outlets such as Politico and NBC News obsess over every move made by the libertarian Koch brothers, Soros and his spider-web of influential left-wing political operations (Media Matters, Center for American Progress) almost never receive any kind of media scrutiny. A recent media study found that the ratio of references between Kochs’ organizations and Soros’ organizations, in news outlets that pose as objective, are literally hundreds to one. Politico actually has Ken Vogel, a former Soros employee, constantly harassing covering the Koch brothers.

The mainstream media not only shares Soros’ hard-left vision, but also benefits or hopes to benefit from Soros’ bottomless billionaire well of funding. And in return, even though Soros’ Tides Foundation is many times larger than the Kochs, the media look the other way for Soros and turn the Kochs into America’s bogeyman. Which brings me back to the FCC proposal to police America’s newsrooms.

As enamored and protective as the media are of Obama, when the Administration was caught spying on journalists last year, his Media Palace Guards still squawked. But still, this attempted move by the FCC, which is probably the scariest move against the media by the federal government since the Alien and Sedition Acts of 1798, resulted in almost uniform silence by the mainstream media. If alternative and conservative media hadn’t been vocal, nothing would have stopped FCC from interrogating and intimidating the press.

What might explain the media’s silence is the looming specter of George Soros. History already proves the media has been reluctant to cross him. Apparently, even the idea of Soviet-style monitors looking over their shoulder couldn’t change that. CNS News helps to explain why:

Two schools were working with FCC on the project, according to Byron York of The Washington Examiner. The University of Southern California Annenberg School for Communication and Journalism and the University of Wisconsin-Madison Center for Communication and Democracy, were tasked by the FCC with coming up with criteria for what information is “critical” for Americans to have. The FCC study would have covered newspapers, websites, radio and television, according to The Washington Post.

On top of the 1st Amendment problems with this proposal, the schools involved have strong ties to liberal billionaire George Soros’ Open Society Foundations and have gotten more than $1.8 million from since 2000.

The journalism programs at these schools have even more ties to Soros besides their funding, including faculty members writing for university-based publications allied with Soros-funded outlets.

The schools have collaborated on this project going back at least to 2012. Lewis A. Friedland, who was a “principle investigator” for the FCC on this project, also directs the Center for Communication and Democracy at the University of Wisconsin-Madison. He gave a presentation at Annenberg in Feb. 2012, on “communication ecology.” This was just four months before the schools presented their findings to the FCC.

There is just no rational explanation for the media’s lack of outrage over a federal government “study” that should put a chill down the spine of anyone who understand how important a free press is to protecting democracy.

It is bad enough when the media pushes to have the freedoms of everyone else crushed by the federal government. But when the media stops fighting for their own freedom, the canary in that coalmine doesn’t have a chance.

[H/T Breitbart]

(VIDEO) George Soros: Talks Candidly and Calculated About the New World Order, We Need For a “managed decline” of the U.S. Dollar

In the video you are about to see, George Soros talks about “the creation of a New World Order”, he discusses the need for a “managed decline” of the U.S. dollar and he talks at length of the global need for a true world currency.

So just who is George Soros? Well, he is a billionaire “philanthropist” who came to be known as “the Man Who Broke the Bank of England” when he raked in a staggering one billion dollars during the 1992 “Black Wednesday” currency crisis. These days Soros is most famous for being perhaps the most “politically active” (at least openly) billionaire in the world.

His Open Society Institute is in more than 60 countries and it spends approximately $600 million a year promoting the ideals that Soros wants promoted. Soros and his pet organizations have played a key role in quite a few “revolutions” around the globe over the last several decades, but these days the main goal of George Soros is to bring political change to the United States.

Soros Puppet Obama

[H/T Before It’s News]

George Soros: Freak Nazi Collaborator

Alex Jones gets on the freak George Soros.

Alex covers how George Soros publicly admitted on 60 minutes that as a young boy he was a top agent in major cities and that he knew how to find where Jews were hiding, and he would gain their trust and then set them up and steal everything they had, yet somehow he is still portrayed as a hero.

Alex also breaks down how the Democratic party, living in a false reality, pretends to be liberal and loving, while accusing everyone else of being racist, but they are literally just like the Grand Dragon Klu Klux Klan, quoting extremely racist statements from people like Lyndon B. Johnson and Margaret Sanger.

[H/T Info Wars]

What Do You Suppose John McCain and George Soros Talked About Between Handshakes and Smiles?

(The Blaze) — There’s no telling what words were exchanged between U.S. Sen. John McCain (R-Ariz.) and liberal financier George Soros at the World Economic Forum in Davos, Switzerland.

But you can have a look at some photos of Thursday’s tete-a-tete:

John McCain and Soros

What’s the connection between McCain and Soros?

According to The Huffington Post, in an article published during McCain’s 2008 presidential run, Soros funded the McCain’s Reform Institute, a nonpartisan 501c3 organization focused on promoting accountability and transparency in government, while the senator was still with the organization.

The Huffington Post article also referenced two Talking Points Memo reports: One indicated that Soros gave the Reform Institute $150,000; another said Soros’ Open Society Institute in 2002 gave $300,000 in grants to groups defending McCain’s campaign finance law against legal challenges to it.

Interestingly the Huffington Post article initially focuses on McCain’s campaign “aggressively” hitting back at news that Soros was taking part in a $40 million third-party effort to battle Republicans in the fall leading up to the elections.

McCain and Soros

McCain and Soros

[H/T The Blaze]

VIDEO: Will Obama Raid Your Pension To Bailout Bankers?

(Western Journalism) — We have long known of Obama’s links to the openly communist New Party in the 1990s—even having records of the exact day he joined: January 11, 1996. His links to the communist front group ACORN—now rebranded as the Working Families Party, in bed with openly Marxist New York mayor Bill de Blasio—are well known.

The answer is: Of course.

Obama is currently engaged in two things communists do best: massive income redistribution and crashing the economy via socialized medicine.

We are on the verge of Obama transferring literally trillions of dollars from the middle class to the so-called poor. ObamaCare functions by providing healthcare subsidies to “poor” families—up to a staggering four hundred percent of the poverty level—just under a hundred thousand dollars a year for a family of four! Who is subsidizing these “poor” families through a massive increase of taxes? The one group Obama despises: the middle class.

And ObamaCare, along with the massive national debt—projected to be $20 trillion by 2016—is driving our economy over the cliff.

Not only is Obama engaged in massive wealth distribution from the middle class to the “poor,” but also from the middle class to the megabanks. And it looks like we’re in store for another staged economic catastrophe. Experts are predicting that a stock market crash is imminent—losing as much as 90% of its value. None other than Obama-funder and  communist George Soros sees the writing on the wall: In the beginning of January 2014, Soros dumped a staggering one million shares of banking stock that included JPMorgan Chase, Citigroup, and Goldman Sachs. Get ready for another round of bailouts. But since Obama, in the first round, wiped out all of Americans’ savings, all that is left is our pensions. But the government can’t raid our pensions—including retired military pensions—can they?

They’re already talking about it.

Get ready for Obama’s bankster bailout—round two.

Obama should be impeached and imprisoned.  Now.

[H/T Western Journalism: Kris Zane]

Obamacare Geniuses To Take Over Online Mortgages? John Podesta, The Man Called In To Rescue Obama Presidency Has The Perfect Plan

The rollout of Healthcare.gov was a technical and political disaster.

New White House counselor John Podesta penned an extensive paper recommending President Obama use his executive authority to create a central Web portal for mortgages, WND has learned.

Obamacare Geniuses

Podesta, founder of the Center for American Progress, has reportedly agreed to serve as counselor to President Obama for a year.

Podesta last month announced the establishment of a new group, the Washington Center for Equitable Growth, that will work within his Center for American Progress. The new center bills itself as a research and grant-making organization founded to accelerate the closing of what it calls the income gap in the U.S. by fighting so-called income inequality.

In November 2010, Podesta co-authored a 48-page Center for American Progress paper titled “The Power of the President: Recommendations to Advance Progressive Change.”

“The U.S. Constitution and the laws of our nation grant the president significant authority to make and implement policy,” wrote Podesta in the paper’s introduction.

“These authorities can be used to ensure positive progress on many of the key issues facing the country through executive orders, rulemaking, agency management, convening and creating public-private partnerships, commanding the armed forces … diplomacy.”

Podesta stressed: “The ability of President Obama to accomplish important change through these powers should not be underestimated.”

One of the recommendations was for Obama to use his office to “create a Web portal to empower housing counselors, reduce burdens on lenders and speed up home mortgage modifications.”

The government previous launched a less ambitious site, makinghomeaffordable.gov.

Podesta’s paper says Home Affordable Modification Programs modifications “have not happened at the pace originally conceived for the program” due in part to a lack of human resources.

Podesta identifies housing counselors as central to speeding up the modification process if they can be more empowered.

Drawing on the concept of another website, HOPE LoanPort, as a possible starting point, Podesta recommends the government build an “official portal” to “permit housing counselors to input the homeowner’s income and similar information, run the Net Present Value calculations, and provide a response either rejecting a modification or providing its terms.”

Continues Podesta’s paper: “Lenders are already providing this information to the government. If the calculation indicates a modification, the information could be transmitted to the servicing entity for implementation, perhaps within 90 days, during which the lender or servicer could contest the counselor’s inputs. If the servicer did not contest the modification, then it could become permanent.”

Podesta is a former chief of staff for President Bill Clinton.

In 2008, Podesta served as co-director of Obama’s transition into the White House.

A Time magazine article profiled the influence of Podesta’s Center for American Progress in the formation of the Obama administration, stating that “not since the Heritage Foundation helped guide Ronald Reagan’s transition in 1981 has a single outside group held so much sway.”

The center is funded by billionaire George Soros. Its board includes Van Jones, Obama’s former “green jobs” czar, who resigned in September 2009 after it was exposed he founded a communist revolutionary organization.

[H/T WND>>Aaron Klein]

The Secret Group That Controls the World, And Our Destiny

“Facts do not cease to exist because they are ignored.”  — Aldous Huxley

So who really controls the world?

The Illuminati? Freemasons? The Bilderberg Group?

Or are these all red herrings to distract your prying eyes from the real global elite? The answer, like most topics worth exploring, is not quite so simple. Have no doubt, there are secretive global powers whose only goal is to keep and grow that power. But it really may not be as secretive as you’d think. And that’s what makes it even more nefarious…

But don’t take my word for it, we have both science and insider testimony to back it up…

We’re going to break this down into three categories: Financial, Political and Media. This is a harder task than you may imagine, since they all work in concert by design.

Financial Elite

Thanks to the science of complex system theory, the answer may actually be right in front of our faces.

This scientific process sheds light on the dark corners of bank control and international finance and pulls some of the major players out from the shadows.

And it goes back to the old credo: Just follow the money…

Systems theorist James B. Glattfelder did just that.

From a massive database of 37 million companies, Glattfelder pulled out the 43,060 transnational corporations (companies that operate in more than one country) that are all connected by their shareholders.

Digging further, he constructed a model that actually displays just how connected these companies are to one another through ownership of shares and their corresponding operating revenues.

The 1318 transnational corporations that form the core of the economy.

Superconnected companies are red, very connected companies are yellow. The size of the dot represents revenue.

I’ll openly admit that this graphic almost scared me off. Complex scientific theories are not my forte, and this looks like some sort of intergalactic snow globe.

But Glattfelder has done a remarkable job of boiling these connections down to the main actors — as well as pinpointing how much power they have over the global market. These “ownership networks” can reveal who the key players are, how they are organized, and exactly how interconnected these powers are.

From New Scientist:  Each of the 1318 had ties to two or more other companies, and on average they were connected to 20. What’s more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world’s large blue chip and manufacturing firms — the “real” economy — representing a further 60 per cent of global revenues.

When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies — all of their ownership was held by other members of the super-entity — that controlled 40 per cent of the total wealth in the network.

According to his data, Glattfelder found that the top 730 shareholders control a whopping 80% of the entire revenue of transnational corporations.

And — surprise, surprise! — they are mostly financial institutions in the United States and the United Kingdom.

That is a huge amount of concentrated control in a small number of hands…

Here are the top ten transnational companies that hold the most control over the global economy (and if you are one of the millions that are convinced Big Banks run the world, you should get a creeping sense of validation from this list):

1) Barclays plc

2) Capital Group Companies Inc.

3) FMR Corporation

4) AXA

5) State Street Corporation

6) JPMorgan Chase & Co.

7) Legal & General Group plc

8) Vanguard Group Inc.

9) UBS AG

10) Merrill Lynch & Co Inc.

Some of the other usual suspects round out the top 25, including JP Morgan, UBS, Credit Suisse, and Goldman Sachs.

What you won’t find are ExxonMobil, Microsoft, or General Electric, which I found shocking. In fact, you have to scroll all the way down to China Petrochemical Group Company at number 50 to find a company that actually creates something.

The top 49 corporations are financial institutions, banks, and insurance companies — with the exception of Wal-Mart, which ranks at number 15…

The rest essentially just push money around to one another.

Here’s the interconnectedness of the top players in this international scheme:

Big Bank Complexity

Here’s a fun fact about the number one player, Barclays:

Barclays was a main player in the LIBOR manipulation scandal, and were found to have committed fraud and collusion with other interconnected big banks. They were fined $200 million by the Commodity Futures Trading Commission, $160 million by the United States Department of Justice and £59.5 million by the Financial Services Authority for “attempted manipulation” of the Libor and Euribor rates.

Despite their crimes, Barclays still paid $61,781,950 in bonuses earlier this year, including a whopping $27,371,750 to investment banking head Rich Ricci. And yes, that’s actually his real name…

These are the guys that run the world.

It’s essentially the “too big to fail” argument laid out in a scientific setting — only instead of just the U.S. banks, we’re talking about an international cabal of banks and financial institutions so intertwined that they pose a serious threat to global economics.

And instead of “too big to fail,” we’re looking at “too connected to fail”…

Glattfelder contends that “a high degree of interconnectivity can be bad for stability, because stress can spread through the system like an epidemic.”

Industrialist Henry Ford once quipped, “It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.”

It’s one thing to have suspicions that someone is working behind the scenes to control the world’s money supply. It’s quite another to have scientific evidence that clearly supports it.

But these guys can only exist within a political system that supports their goals. And those political systems are pretty much operating in the open…

POLITCAL ELITE

For the sake of brevity, let’s cut right to the chase. Every major geopolitical decision of the last few decades has been run through one of these three organizations: the Trilateral Commission, the Council on Foreign Relations and the World Bank/International Monetary Fund (IMF).

The Trilateral Commission

In 1973, the infamous David Rockefeller created a group of the world’s power brokers to work together — outside of any official governmental or political allegiance — to bring about cooperation of North America, Western Europe and Japan.

They launched under the guise of working together to solve the world’s problems. A noble goal — but “problems” are very subjective.

Here’s the rundown of members:

The North American continent is represented by 120 members (20 Canadian, 13 Mexican and 87 U.S. citizens). The European group has reached its limit of 170 members from almost every country on the continent; the ceilings for individual countries are 20 for Germany, 18 for France, Italy and the United Kingdom, 12 for Spain and 1–6 for the rest. At first, Asia and Oceania were represented only by Japan. However, in 2000 the Japanese group of 85 members expanded itself, becoming the Pacific Asia group, composed of 117 members: 75 Japanese, 11 South Koreans, 7 Australian and New Zealand citizens, and 15 members from the ASEAN nations (Indonesia, Malaysia, Philippines, Singapore and Thailand). The Pacific Asia group also included 9 members from China, Hong Kong and Taiwan. Currently, the Trilateral Commission claims “more than 100” Pacific Asian members.

It’s a global who’s-who of power brokers. And while the Trilateral Commission excludes anyone currently holding public office from membership, it serves as a revolving door of the rich and powerful from the financial, political and academic elite.

Most suspicions of the group began during the Jimmy Carter administration, when Carter — himself a member of the Trilateral Commission — made Zbigniew Brzezinski his National Security advisor. Brzezinski was the Trilateral Commission’s first executive director. Carter’s Vice President Walter Mondale was also a member.

And perhaps most importantly, Trilateral member Paul Volker served as Carter’s Chair of the Federal Reserve. He is still the North American Honorary Chairman.

Such a concentration of power in a U.S. president’s cabinet obviously made people nervous,

Notable recent additions include Austan Goolsbe — former chairman for Obama’s Council of Economic Advisors. I’d suggest you familiarize yourselves with the entire member list here.

You’ll be shocked at who else is part of this secretive organization.

Big banks control the world.

If you had any doubt, we now have science and first-hand testimony to prove it.

Note: This is not some wild conspiracy theory. It’s systems theory, a serious scientific discipline, used by researcher James B. Gladfelder to prove that a small group of banks essentially control the world’s finances.

Gladfelder’s research proved that the top 730 shareholders control a whopping 80% of the entire revenue of transnational corporations.

But the truth is the global banking elite simply cannot maintain a stranglehold on the world’s power all by themselves. And so, while they run off with the money, their lackeys in the political sphere acts as gatekeepers.

Again, we’re not relying on labyrinthine explanations and vague fears of domination; we’re looking at the matter through scientific discipline and actual admissions from the power brokers themselves.

The fact is we simply cannot talk about global control without talking about the World Bank…

The World Bank represents 188 different countries from Albania to Zimbabwe. However, it is controlled by a small number of powerful countries, each with its own serious economic interests.

Since there is no voting for the leadership and chief economists at the bank, the United States and other large countries have complete control to appoint who they’d like to do their bidding — and they have appointed some highly questionable folks to run the behemoth:

Robert McNamara – JFK’s former secretary of defense and president of Ford Motor Company was chosen to lead the Bank in 1968, fresh off his disastrous handling of the Vietnam War.

Lewis T. Preston – a bank executive with J.P. Morgan. We all know J.P. Morgan doesn’t have the interest of the working poor at heart, as evidenced by years of abuse of regular folks, culminating in their record $13 billion fine this year.

Robert Zoellick – a bank executive with Goldman Sachs. Again, if the head of Goldman Sachs is at the helm, you know the bidding of the powerful will get its due… After all, you don’t earn a nickname like “The Great Vampire Squid” for your altruism.

Paul Wolfowitz – Much like McNamara, Wolfowitz was handed the reigns to the World Bank after helping orchestrate George Bush’s outrageous war on Iraq. While president of the Bank, he gave his girlfriend massive pay raises — more than double what she was entitled to! The fact that the head of the World Bank could engage in such petty corruption doesn’t bode well for the bank at large, considering the immense power they wield. Wolfowitz was eventually forced to resign.

Perhaps more alarmingly, the World Bank also receives complete immunity from any and all countries it does “business” with, so it cannot be held legally accountable for its actions.

The United States has complete veto power over the Bank’s actions as well, which it can use to block any action by the Bank that may threaten national interests — and the interests of the global financial powers that control them.

The World Bank’s stated purpose is to help poor and developing countries by providing loans.

The catch? To obtain one of these loans, you have to comply with the Bank’s draconian wish lists.

Examples of the conditions countries must meet to gain access to a loan include suppressing wages, cutting programs like education and health care, and easing limits on foreign investment.

How do the results stack up with its stated mission?

Not well. In fact, data shows most countries that have taken the World Bank’s money and agreed to its terms are no better off today then they were when they received their first loan — and many are actually worse off.

From the Heritage Foundation:

Of the 66 less-developed countries receiving money from the World Bank for more than 25 years (most for more than 30 years), 37 are no better off today than they were before they received such loans.

Of these 37 countries, most (20 in all) are actually poorer today than they were before receiving aid from the Bank.

Former less-developed countries that have prospered over the past 30 years did so by freeing up the productive forces of their economies. The best examples are Hong Kong and Singapore: Even though a country like Singapore received a small amount of money from the World Bank, the evidence shows that what most affected economic growth was not World Bank aid, but economic freedom.

What’s more, an ex-World Bank employee described something far more nefarious than ineptitude…

Karen Hudes watched first-hand as the World Bank manipulated and covered up corruption in its economic development projects.

It’s important to know Hudes wasn’t some disgruntled lackey; she served as Senior Counsel and worked for the bank for 20 years. During those two decades at the World Bank, Hudes saw systematic and widespread corruption.

“It’s a mafia,” she told the New American.

“These culprits that have grabbed all this economic power have succeeded in infiltrating both sides of the issue, so you will find people who are supposedly trying to fight corruption who are just there to spread disinformation and as a placeholder to trip up anybody who manages to get their act together. Those thugs think that if they can keep the world ignorant, they can bleed it longer.”

Hudes saw large-scale enrichment of the powerful, while the poor the Bank was supposed to be helping were getting stiffed.

“I realized we were now dealing with something known as state capture, which is where the institutions of government are co-opted by the group that’s corrupt,” she noted.

Hudes was eventually fired after she spoke out against the Bank’s attempt to cover up a botched bailout of a crooked bank in the Philippines.

Here are a few choice examples of what happens to the $2.5 billion in U.S. taxpayer money that is funneled into the World Bank each and every year, from the American Enterprise Institute:

38 countries have amassed $71 billion in unpayable multilateral loans, encouraged by the Bank’s self-serving projections of country growth, on which rich-country taxpayers must now make good.

Corruption has been exposed both within the World Bank and in its programs, and is now estimated at more than $100 billion.

Protest is rising among leading African scholars who seek to stop all aid because it serves only to entrench and enrich a series of corrupt elites. Massive anecdotal evidence of waste, ineptitude, and outright theft can no longer be ignored.

Not exactly the poverty-fighting superhero the institution makes itself out to be.

The World Bank works in conjunction with the International Monetary Fund, which operates in the same vein of enriching Wall Street and supporting dictators. We’ll pull the curtain back on the IMF next week.

By Jimmy Mengel

[H/T  Outsider Club]

Obama at Soros Think Tank: Pivots to the Flailing Economy, Calls for Economic Reform of Middle Class

Barack Hussein Obama spoke at a Soros Think Tank, the American Progress Thursday, doing a pivot back to our stagnant economy.

Conservative Angle has published many Op-Eds portraying George Soros as a major impetus in the ongoing destruction of our economy, and subsequently the ‘transformation’ to a socialist country as the end-game.  Thursday, he stepped up to the base once again to his liberal cohorts claiming economic reform.

[H/T Accuracy in Media] — WASHINGTON — Catering to his liberal, and somewhat disenchanted base, President Barack Obama pivoted back to the stagnant American economy.

Reuters reported that Obama spoke at the George Soros-funded, left-wing think tank Center for American Progress yesterday.

After dealing with the widespread dissent and fallout over ObamaCare online enrollment websites, Obama’s team looked for another opportunity to pivot to another issue to draw attention.

In his speech, Obama spoke of helping the middle class through economic reform. He spoke of getting a push for a “growth agenda” during a time of economic stagnation. His last economic plan, the largest stimulus plan in American history, flopped back back in 2009.

ObamaCare has sunk Obama’s job approval ratings to the lowest point during his presidency at 39%. Another poll revealed that voters had buyer’s remorse and would have voted for Mitt Romney, Obama’s Republican opponent last year, because of the problems with ObamaCare.

For those of you that can stomach it, below is his speech at the American Progress:

George Soros: Ready to Endorse Hillary Clinton for the 2016 Presidential Race

[W/T Western Journalism]: According to recent reports, billionaire leftist George Soros has committed his support to Ready for Hillary, a political action committee designed to help Hillary Clinton’s presidential campaign.

George SorosSoros’ political director Michael Vachon said the famed investor “is delighted to join more than one million Americans in supporting Ready for Hillary,” indicating the move “is an extension of his long-held belief in the power of grassroots organizing.”

As a member of super PAC, Soros is required to make at least $25,000 in contributions — either through personal donations or fundraising efforts — to the organization organized by supporters of the former First Lady.

Ready for Hillary executive director Adam Parkhomenko said the PAC is concerned with “giving her the time to make the decision” regarding a White House bid while “knowing that there’s an operation out there of grassroots supporters who are organizing.”

Though it might seem odd to mention Soros in the same breath as a grassroots campaign, he is just one of several wealthy donors involved in the PAC.

The group is also involved in other campaigns, according to spokesman Seth Bringman, who said its “strategy is to amplify what Hillary is doing and promote the candidates she is out there advocating for.”

Thus far, Clinton herself has not been involved in the goings on of Ready for Hillary, though plenty of her former political allies and personal friends occupy positions of authority within the group.

The likely 2016 candidate has previously stated she wants to align herself with more grassroots efforts instead of other super PACs such as Priorities USA. That organization was instrumental in Obama’s re-election campaign and also counts Soros among its supporters.

Having such a radical ideologue as a vocal supporter might resonate with the extreme left in Clinton’s camp, though the outrageous policies Soros has endorsed in the past will only proliferate Clinton’s image among much of the U.S. as an out-of-touch elitist.