Soros scheming at Copenhagen: Eco-redistribution of wealth
Hmmmm. Left-wing radical billionaire George Soros has injected himself into the Copenhagen climate change talks. He is riding to the “rescue” of negotiators at loggerheads over the pricetag of global regulatory intervention to reduce greenhouse gas emissions.
Look:
The $10 billion a year proposed by rich nations to help the poor adapt to climate change is “not sufficient” and the gap between what’s offered and what’s needed could wreck the Copenhagen climate conference, American billionaire George Soros said Thursday…
Soros, one in a line of international notables visiting the 192-nation Copenhagen meeting, told reporters he had developed a partial solution on funding. The investor-philanthropist suggested shifting some International Monetary Fund resources from providing liquidity to stressed global financial systems to a new mission of financing projects in developing countries for clean energy and adapting to climate change. About $100 billion in a one-time infusion could be generated, said Soros, a major supporter of causes in the developing world. But he acknowledged a major roadblock in Washington.
“It is possible to substantially increase the amount available to fight global warming in the developing world,” he said. “All that is lacking is the political will. Unfortunately the political will will be difficult to gather because of the mere fact that it requires congressional approval in the United States.” Soros said he had “informal discussions” with Obama administration officials and they recognized the difficulty of getting congressional approval. But he said the issue was too important to sweep aside.
Soros is crusading for expansion of “Special Drawing Rights” — a financial instrument that would essentially divert foreign aid to global warming special interests.
Soros said the $10 billion-a-year short-term plan is “more than nothing, but not much, it’s not sufficient.” He suggested climate financing be boosted with some $100 billion in Special Drawing Rights, the artificial “currency” of the International Monetary Fund, formulated as a basket of major currency values and held in reserve for lending in financial emergencies. In response to the recent global financial crisis, the IMF created more than $200 billion in new Special Drawing Rights. But Soros noted that the Obama administration had difficulty getting U.S. approval for that through Congress. He had found “quite widespread support” from other governments, but “other countries are reluctant to do something that is uncomfortable for the United States,” Soros said.
A key European negotiator was wary of Soros’ idea.
“We have to be very careful in the way we use the Special Drawing Rights,” said Artur Runge-Metzger of the European Commission.
Indeed. Soros has been lobbying for SDRs for years. Here’s a paper he wrote in 2002. He has a rather vested interest in the subject:
I am in the international assistance business. I give away nearly $500m a year. I am more aware than most people of the pitfalls. I have seen, particularly in the Balkans, how ineffective donor conferences are. The mechanism I am proposing is not perfect – nothing is – and it would not eliminate all of the shortcomings of international assistance, but it would be a great improvement over what we have now.
I propose that the IMF should set up an independent jury of eminent personalities- independent of the IMF and of the governments that appoint them. The jury would recommend which projects should qualify for donations; but the jury would not be in charge of actually allocating the funds; that function would remain with the donors. The donor countries would be presented with a menu from which they can choose and the menu would be properly prepared. A jury of eminent persons would take a personal interest in the quality of the projects they approve and there would be a separate body to audit and evaluate the projects so that the donors would have all the information they need to make their allocations. There would be a market-like interaction between donors and projects with checks and balances and quality control.
Reasons to worry? Let us count the ways:
In March, I remind you, Soros was slapped with a record fine in Hungary for illegal market manipulation.
In May, I remind you, Soros was fined by the state of California for failing to disclose a $350,000 campaign contribution funneled through one of his drug policy non-profits to an initiative intended to undermine the state’s 3 Strikes law.
There’s the Petrobras shadiness. And his boast of “having a very good crisis” this year after breaking the bank of England a decade ago.
We know Soros has the ear of the White House.
But who in Washington has their eyes on Soros and his scheming eco-redistributionists? Anyone?
See what others have said
Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.
Comments
You must be logged in to post a comment.
 |
Hillary Clinton convinces China to allow dissident and family to accompany her back to the US join ‘Global Alliance for Clean Cookstoves’
May 5, 2012 11:17 AM by Doug Powers
34 Comments
Tens of thousands to fly to Rio to discuss how to limit greenhouse gas emissions
May 3, 2012 07:03 PM by Doug Powers
51 Comments
Environmental Protection Agency fines school bus contractor almost $500,000 for ‘excessive idling’
April 11, 2012 04:35 PM by Doug Powers
66 Comments
CNN meteorologist blames Texas tornadoes on climate change
April 4, 2012 10:37 AM by Doug Powers
95 Comments
New global warming deadline: Reverse it in 8 years or it’ll be too late
March 28, 2012 02:51 PM by Doug Powers
73 Comments
‘Green Climate Fund’ Covering Their Bases for When People Want Them Arrested
March 24, 2012 04:56 PM by Doug Powers
41 Comments
Stimulus Update: Clean Energy ‘Savings’ of the Day
March 19, 2012 07:03 PM by Doug Powers
41 CommentsThe ‘Taxpayer Subsidized Clean Energy Company Losing Money and Laying Off Workers While Execs Get Raises’ Story of the Day
February 25, 2012 05:50 PM by Doug Powers
46 Comments
Categories: cap and trade,global warming
Nice Deb
» The Organized Left Now Stalking RomneyNewsBusters.org
» Very Annoyed Matthews Rips ‘Horse’s Ass Right-Wingers’ Who Cite ‘Thrill Up My Leg,’ Calls C-SPAN Host a ‘Jackass’Nice Deb
» Uncovered Ad Shows Obama Appeared At 1996 Event Hosted By Democratic Socialists of AmericaNice Deb
» Uncovered Ad Shows Obama Appeared At 1996 Event Hosted By Democratic Socialists of AmericaNewsBusters.org
» Reuters's Freeland: 'Anorexic' Americans Think Tax Bite Too Heavy When In Fact It's Dangerously Thin
Gee, thanks George. Now, crawl back under your rock.
Here’s an idea George, use your own damn money to fund your pet projects and stay the hell out of my wallet!
mental pictures of these two plotting during an “informal” meeting how they will overcome the world. It just sickens me.
no thanks george we can do without you…now how about building a rocket and be the first man on Mars….
I believe Soros was directly responsible for the “tightening of credit” that manufactured the “crisis” that led to TARP.
And I believe that TARP was fully intended to make Republicans look bad and influence the November elections.
In August 2008, with gas over $4/gallon, the mantra was “Drill Here! Drill NOW!!!”, and Republicans were gaining on Democrats.
Then, with 2 months, the price of gas fell nearly 50% and TARP was passed. Those two events were game changers.
And I believe Soros had his hand in both of them.
Soros + Algore + CRU E-Mails = SKEPTICISM (writ LARGE)!
I ALWAYS thought that. I knew that the crisis had to be created to throw the election. The timing, of course, coincides with the nomination of SaraCuda for VP. That was the Liberals’ throwdown — they were pulling out all the stops on that one move. It could break the country, but they wanted oblama to win so badly that it didn’t matter if it destroyed the economy (which I think it has). The ends was to justify the means.
Perhaps … but that’d be cold comfort because with the donks in charge anyone keeping an eye on Soros probably does so in admiration.
Is gore and soros hinged at the hip? There is so much money involved these two are going to make trillions! How is this bho and all those involved getting their fair share? You bet your sweet bippy everyone is getting their fair share. The rest of the world and our nations is getting the shaft big time on this. Can our elected stop anything this bho promises when he ‘jets’ over to Copenhagen?
L
How do we rid ourselves of this radical megalomaniac?
Philanthropist? More like wreaker of havoc…
Those that loot can be stopped, use their rulebook. We need to repossess our country, starting with the elections in 2010.
If the Ruskies are smart enough to gain excess to those dreaded e-mails they should be able to handle Soros. Nobody can hide from Putin if he’s really ticked, and trying to destroy the one hard saleable asset Russia has is oil. The Saudi’s are not happy either.
If these nations are DEVELOPING how is it possible they are contributing to the (FAKE) global warming issue?
And therefore, why would they need any money?
Oh…..wait… I forgot…. this Global Warming thing isn’t about the temperature of the earth…..it’s about stealing money from wealthy nations is a new Global Welfare Program.
Well George…you can rot in hell.
These thieves aren’t getting any money.
This man seems to be nothing but pure evil in any way to amass more money and control people. I notice that’s he’s almost 80; is it bad of me to think that hopefully he won’t have much longer to inflict his damage?
oh they’ll try even it is at the point of a gun….
Secretary of Defense William Cohen “…Others (terrorist and rogue nations) are engaging in an eco- type of terrorism whereby they can alter the climate, set off earthquakes, volcanoes remotely through the use of electromagnetic waves… there are plenty of ingenious minds out there that are at work finding ways in which they can wreak terror upon other nations. It’s real, and that’s the reason why we have to intensify our efforts, and that’s why this is so important.”
Secretary of Defense William Cohen at an April 1997 counterterrorism conference sponsored by former Senator Sam Nunn. Quoted from DoD News Briefing, Secretary of Defense William S. Cohen, Q&A at the Conference on Terrorism, Weapons of Mass Destruction, and U.S. Strategy, University of Georgia, Athens, Apr. 28, 1997.
Now think scalar electro-magnetic weapons.
Now understand the Norwegian Blue Light Special.
There’s a HAARP facility just over the hill from Trondelag.
No, surely not. No responsible gaggle of scientists and politicians would cause Cohen’s warning to manifest as global climate terror.
Surely not.
In college we had a theme party called “Oh, Hell”. The premise was that you went as a character that you would meet in Hell (was a pretty interesting party). I went as a gangster. If I ever go to another party like that, I know who I’m going dressed as.
George Soros has been making insane amounts of money by manipulating currencies for years. The only thing that has kept him out of Jail until now IS his money, & he makes Bernie Madoff look like a choir boy..
He has his eyes on the prize of the U.S. economy of course now that he has allies in the White House, & pulls Obama’s stings for the most part. Obama owes him for all that campaign money..
He’ll invest in other currencies & collapse OURS knowing that while he does, the others will go up in value.. Major profits for him! He wants to be the greatest ponzi schemer of all time, at our expense..
Dan, I don’t think he has that much in assets or could secure enough leverage to do it. Even with the leverage Long Term capital used back in ’97-’98, which he isn’t getting, it would be a near impossible task. But I have no doubt you’re correct that he’d try.
Nuclear Power.
That is the part of the solution to minimize carbon emissions.
And papers in both China and Canada are calling for one-child population control policies (on a global scale) to be part of Copenhagen.
So not only will they take your money, they’ll let John Holdren be your new OB-GYN.
Might he have investments in this, either in shares of companies who will be receiving these funds or in currency hedge strategies that will be made profitable by this redistribution of other people’s wealth? I’m not sayin’, I’m just sayin’.
Curious how so many of the most strident last-minute defenders of cap and trade stand to make billions on this scheme. Just a coincidence I suppose. Couldn’t possibly be the reason why Climategate failed to derail this global power grabbing scheme.
Soros is the loud mouthed front man for a whole circle of fellow travelers.
If you get some time study up on Maurice Strong. He is in the climate scam up to his ears.
Ian Flemming at his best never came up with a James Bond villain as creepy as Soros. This guy is just evil.
Soros, and the rest of his friends in the New Age gain power, and money while Lucifer gets his Global Tower of Babel built under secular humanism to control mankind.
It appears most of the posters here are Nationalists, and individualists. You will not be welcome in the New Age. I’m betting you will have your head cut off.
Soros? Isn’t Hungarian for “open festering wound that will not scab over”?
I hate to give this man so much power, but I agree with all of you. I think Soros is behind the world’s economic problems, was instrumental in Al Gore’s winning the Nobel Prize as well as Obama winning this year. I also think his money is influencing the media and, of course, Congress. I believe that Soros is pulling the strings at the White House. Barack Obama doesn’t make a move without consulting George Soros. Thanks to him, we have the worst government that money can buy.
No, it’s not wrong to think what everone else on this blog is thinking. What is the life expectancy of hungarian billionaires? I think I heard it was somewhere around age 75. So we could be rid of him any day now. That is the hope we can believe in.
Since this conference is taking place in Copenhagen, here is Danny Kaye telling one of Andersen’s greatest children’s stories, only this one resonates with adults.
http://www.youtube.com/watch?v=-ZYzbkk5X4M
Goldmember: Dr. Evil, we still have the ultimate insurance policy. May I present to you, the very sexual, the very toite, Austin Power’s fahza.
Dr. Evil: His what?
Number 2: His fahza, Dr. Evil.
Dr. Evil: His farger? What’s a farger?
Goldmember: His fahza. You know, the fahza.
Dr. Evil: You know Goldmember, I don’t speak freaky-deaky Dutch. Okay, perv boy?
Goldmember: Fahza, his dad, dad is fahza.
Dr. Evil: Oh, his dad. His *fa-ther*
that’ll go over well with the illegal population I’m sure….
Browsing at the buffet.
Anywhere there’s a liberal spewing BS plans for the socialist crap of the day, you can bet Soros is involved – and heavily so.
RWR
http://www.rightwingrocker.com
Dig down to through the layers of slime that makes up Geroge Soros and at his core you will find an anti-Semite, Nazi collaborator.
As far as I am concerned he’s a war criminal.
He and Ariana Huffington are typical European elites. They get out of Europe because they can’t live in their system. So they come here, get rich, and then do all they can to force the rest of us live in the manner that they fled.
They both make me physically ill.
Sure, we’ll cut you a check George. Come and pick it up in France. (He’s a fugitive criminal criminal in that country).
Why would the illegal population care? Being “undocumented,” they are under the radar and therefore don’t subject themselves to any laws. They are, after all, “illegal.” If anything, they would dance a jig, b/c there is a provision in our asylum laws written specifically for those fleeing China’s one-child policy (and rightly so).
Did not know that. What is he wanted for there?
Remember when the TARP crisis was taking place? And McCain went to DC to help with the “Crisis”, Obama was calm and collected, said he would come to DC if he was required… THAT move told me so much! I believe HE KNEW! Soros and Obamas’ advisers had that “Crisis” planned. Scum does stick on Scum, and Soros & Obama are Scum.
soros is just like every other communist throughout the world. my money is mine, your money is what i fund my grand ideas with. pelosi, soros, obama, putin, arafat, castro, et al.
The Dr. Evil photoshop is so appropriate. The world would be a much better place without him.
Errah, George is almost an octogenarian. As such one can only hope that you get down here shortly and fill our empty seat for our daily bridge club get togethers. Unfortunately your transparent attempt at stealing funds designated for other purposes can not be washed through the Congress by The Obama Administration. The only solace the American Taxpayer can take from your inevitable demise is that the US Treasury and Democrats will take back some of your ill gotten wealth and blow it on useless pork projects and interest payments on our ballooning national debt. BTW bring some sun block. SPF 1M when you come . . .
Every “wealth redistribution” scheme ought to begin with redistributing every cent of George Soros’ vast wealth to all the poor folks over in Sudan. That would insure that EVERY one of them would fail.
Just pondering over whether your typical mindless “liberal progressive” I-support-liberal-causes-cuz-I-never-learned-anything-better idiots have ever even HEARD of George Soros.
On December 10th, 2009 at 10:48 pm, Flyoverman said:
Exactly. And always remember that the Nazis were National Socialists.
Soros represents the modern-day Nazi party.
And, as always, they seek to dominate and control the entire world.
And eliminate anyone who they don’t like, or who stands in their way.
Yes, this is pure, unmitigated evil.
Obama’s Geppetto
That’s what it’s all about, right? Make the U.S. (taxpayers) pay. Typical socialist behavior; someone else pay for it. To be more specific, the “rich” Americans pay for it, while we do whatever we want. Meanwhile, Obama, our dear leader, is over there buying into it.