George Soros gives $18bn to his charitable foundation.
Discussion
Roman Rhodes said:
It would appear that it depends on whether you personally support the same causes as the benefactor. You don’t support the same causes as Soros, so Soros = bad man. You do support the same causes as Gates, so Gates = good man. Understood.
Do the Koch brothers get a free pass too? Great philanthropists beyond criticism?As an aside moving money into a foundation is a little different than giving it directly to charity; same tax swerve but you keep control of the money, which you invest however you like, with the investment gains distributed to unspecified charities at a later date. Of course one could argue that's a pretty sensible arrangement for one of the worlds greatest macro traders but only the most myopic would miss the 'irony' in avoiding colossal amounts of tax to fund political organisations calling for higher taxes on the rest of us.
jjlynn27 said:
Ayahuasca said:
It would be more impressive if he had given it to an independent charity, not his own charity.
He has moved it from one pocket to the other.
That's exactly it. Moved it from one pocket to another. He has moved it from one pocket to the other.
Other investors legal teams got in touch and made their position very clear, so he had to u-turn away with his tail away between his legs
hyphen said:
Reading the Financial Times just now, and what do we have... https://www.ft.com/content/fdc8563a-b415-11e7-a398...
Firstly Fake PR, it has been transferred over many years. As I said earlier, an announcement for his legacy.
And a tax dodge, nice timing seeing as this loophole is closing this year.
So first you whined about him giving it all away just now, so it wasn’t fair to ask what you’ve done yet, and now you whine that he’s been giving it away for years?Firstly Fake PR, it has been transferred over many years. As I said earlier, an announcement for his legacy.
And a tax dodge, nice timing seeing as this loophole is closing this year.
What’s your actual point, and why are you trying to criticise someone giving vast amounts to charity?
hyphen said:
Zuckerberg attempted an even more outrageous scheme a few month ago, he tried to give his money to his own foundation, whilst fiddling share classes to maintain full control of Facebook himself.
Other investors legal teams got in touch and made their position very clear, so he had to u-turn away with his tail away between his legs
I shouldn't think he cares too much, people can try and throw dirt at him all day long but like it or not him and his mates have invented something that has took the world by storm.Other investors legal teams got in touch and made their position very clear, so he had to u-turn away with his tail away between his legs
Does make me laugh some under 60s who feel it's like a badge of honour when they say "I don't do Facebook"
Breadvan72 said:
hyphen said:
Breadvan72 said:
The foundation is not "his" fund. It's distinct from his business activities. If you really think that Soros supports democracy just so that he can sell voting machines, your cynicism is deep even by the lamentable standards of NPE.
It is his fund, it is a fund he controls, and that "funds" project he wants it to fund.Fund does not just relate to a Hedge Fund...
Anyway leave your to it, Im sure you are right and he is not a controversial figure.
http://www.zerohedge.com/news/2016-08-16/soros-hac...
Edited by hyphen on Thursday 19th October 16:56
t, you are bailing. Very PH!zerohedge said:
Speaking to the European Parliament in Strasbourg on Tuesday, Farage told fellow MEPs he believes that when it comes to international collusion, “we are looking in the wrong place.” He says Soros’ influence in Brussels is “truly extraordinary,”adding: “I fear we could be looking at the biggest level of international, political collusion in history," according to Russia Today.
Farage, the leader of the Europe of Freedom and Direct Democracy group in the European Parliament, believes Soros has spent billions in the EU to undermine the nation state. “When we are talking about offshore money, when we are talking about political subversion, when we are talking about collusion, I wonder if we are looking in the wrong place.
“And I say that because George Soros recently gave Open Society, which of course campaigns for freedom of movement of people and supranational structures like the European Union, $18 billion. And his influence here and in Brussels is truly extraordinary."
Open Society says it held 42 meetings in 2016 with the European Commission, and has published lists of reliable “friends” in the European Parliament. Farage pointed out that there are 226 names on the list, he says. He told those MEPs he would be writing to them to establish whether they had accepted money or help from Soros.
“If we’re going to have a debate, and talk about full, political and financial transparency, well let’s do it. So I shall be writing today to all 226 of you, asking some pretty fair questions: Have you ever received funds directly or indirectly from Open Society? How many of their events have you attended? Could you please give us a list of all the representatives including George Soros?”
Farage, the leader of the Europe of Freedom and Direct Democracy group in the European Parliament, believes Soros has spent billions in the EU to undermine the nation state. “When we are talking about offshore money, when we are talking about political subversion, when we are talking about collusion, I wonder if we are looking in the wrong place.
“And I say that because George Soros recently gave Open Society, which of course campaigns for freedom of movement of people and supranational structures like the European Union, $18 billion. And his influence here and in Brussels is truly extraordinary."
Open Society says it held 42 meetings in 2016 with the European Commission, and has published lists of reliable “friends” in the European Parliament. Farage pointed out that there are 226 names on the list, he says. He told those MEPs he would be writing to them to establish whether they had accepted money or help from Soros.
“If we’re going to have a debate, and talk about full, political and financial transparency, well let’s do it. So I shall be writing today to all 226 of you, asking some pretty fair questions: Have you ever received funds directly or indirectly from Open Society? How many of their events have you attended? Could you please give us a list of all the representatives including George Soros?”
Breadvan72 said:
Oh, yes, open funding and engagement is exactly the same as covert meetings, twitter bots, and all that, and Nigel Farage is of course an exemplar of public morality and ethical politics!
There is a legal precedent, in business, which is used to prevent disreputable or disqualified company directors from controlling businesses from behind the scenes. It seems to me, the foundation is being directed from behind the scenes and acting in the interest of that person.Digga said:
Interesting development to this: http://www.zerohedge.com/news/2017-11-14/nigel-far...
zerohedge said:
Speaking to the European Parliament in Strasbourg on Tuesday, Farage told fellow MEPs he believes that when it comes to international collusion, “we are looking in the wrong place.” He says Soros’ influence in Brussels is “truly extraordinary,”adding: “I fear we could be looking at the biggest level of international, political collusion in history," according to Russia Today.
Farage, the leader of the Europe of Freedom and Direct Democracy group in the European Parliament, believes Soros has spent billions in the EU to undermine the nation state. “When we are talking about offshore money, when we are talking about political subversion, when we are talking about collusion, I wonder if we are looking in the wrong place.
“And I say that because George Soros recently gave Open Society, which of course campaigns for freedom of movement of people and supranational structures like the European Union, $18 billion. And his influence here and in Brussels is truly extraordinary."
Open Society says it held 42 meetings in 2016 with the European Commission, and has published lists of reliable “friends” in the European Parliament. Farage pointed out that there are 226 names on the list, he says. He told those MEPs he would be writing to them to establish whether they had accepted money or help from Soros.
“If we’re going to have a debate, and talk about full, political and financial transparency, well let’s do it. So I shall be writing today to all 226 of you, asking some pretty fair questions: Have you ever received funds directly or indirectly from Open Society? How many of their events have you attended? Could you please give us a list of all the representatives including George Soros?”
Farage, the leader of the Europe of Freedom and Direct Democracy group in the European Parliament, believes Soros has spent billions in the EU to undermine the nation state. “When we are talking about offshore money, when we are talking about political subversion, when we are talking about collusion, I wonder if we are looking in the wrong place.
“And I say that because George Soros recently gave Open Society, which of course campaigns for freedom of movement of people and supranational structures like the European Union, $18 billion. And his influence here and in Brussels is truly extraordinary."
Open Society says it held 42 meetings in 2016 with the European Commission, and has published lists of reliable “friends” in the European Parliament. Farage pointed out that there are 226 names on the list, he says. He told those MEPs he would be writing to them to establish whether they had accepted money or help from Soros.
“If we’re going to have a debate, and talk about full, political and financial transparency, well let’s do it. So I shall be writing today to all 226 of you, asking some pretty fair questions: Have you ever received funds directly or indirectly from Open Society? How many of their events have you attended? Could you please give us a list of all the representatives including George Soros?”
Glad someone with a large profile is putting a spotlight on Soros. Will get others asking questions too.Breadvan72 said:
I suppose that Farage actually turning up for work is an occasion for mild celebration.
Hey, we all know there are plenty who turn up, sign in, and then feck off ASAP, as there are also those who bowl up and might as well be asleep. At least,e very now and again, he makes an active contribution. 
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