George Soros to retire - Hands his evil empire to his son Alex

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If sin is progressive, and I keep saying that it is, Alex could be even worse for the world than his father. Can you imagine that?

George Soros hands empire reins to second-youngest son

By Simon Druker

 

Hungarian-American business investor, George Soros announced he will hand control of his multi-billion-dollar empire to his son Alex. File Pool photo by Peter Foley/UPI | License Photo

June 12 (UPI) -- Billionaire George Soros is handing over control of his multi-billion-dollar empire to his second-youngest son, the Wall Street Journal confirmed on Monday.

In an extensive interview, Soros, 92, said his son Alex Soros has "earned it," putting the 37-year-old in charge of a collective $25 billion between the family's personal finances at the $18-billion charitable organizations it oversees.

Alex Soros took over in December as chairman of the family's Open Society Foundations, a group of like-minded charities. He also runs his father's super PAC, which is one of the largest financial donors to Democratic political causes.

Read 'anti-God' for 'Democratic'.

The foundations distribute around $1.5 billion annually to various progressive causes and charities.

Did I mention 'Sin is progressive'?

Alex Soros

"I'm more political," the younger Soros told the Wall Street Journal, adding the charities will increase support for voting and abortion rights. He also insinuated it could be a big financial player and back in next year's presidential election.

"As much as I would love to get money out of politics, as long as the other side is doing it, we will have to do it, too," he said during the Wall Street Journal interview.

Alex Soros is the second-youngest of his father's five children divided between two marriages. He has a PhD in History from the University of California, Berkeley.

George Soros has continually been a major contributor to Democratic political campaigns since the 1990s and routinely makes the list of the world's 400 richest people.

The Hungarian-American former hedge fund manager survived the Nazi occupation of Hungary in World War II by concealing their Jewish heritage. Soros later left for London at the age of 17 to pursue a career in finance.

He famously earned $1 billion by short-selling the British Pound ahead of a decline in 1992.

Since his rise to prominence, he has become the target of anti-semitic attacks and far-right conspiracy theories.

Anti-Semitic attacks were ridiculous considering he never practiced Judaism in his life. If people think the world is being controlled by Jews because of George Soros, they are completely out of touch with reality.

He has clashed with Hungarian Prime Minister Viktor Orbán. In 2018, a university Soros founded in Budapest was forced to close at the insistence of Orbán's ruling party.

The University was a source of resistance against the government and its commitment to Christian principles revealing the ideology Soros was trying to instill in Europe. 

Check out some of Soros' activities around the world:

The Ukrainian biolaboratories network has been funded by other US agencies as well, Kirillov said, describing the scale of the biolabs program as an “impressive” one.

“Apart from the military, the US Agency for International Development, the George Soros Foundation, and the Centers for Disease Control and Prevention are directly involved in its implementation.

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Corruption is Everywhere - Half a Trillion Dollar's Worth in London

UK slammed for ‘under-enforcement’ of corruption laws as new report identifies

£325 BILLION in ‘suspect’ cash

© Reuters / Leonhard Foeger

It’s no secret that some of the world’s most corrupt flock to the UK to take advantage of lax enforcement of anti-corruption laws, but new research claims to show how UK firms are wittingly and unwittingly facilitating the crime.

Maybe not the whole world. The far-east corrupt flock to Vancouver to launder their money.

Transparency International (TI) analyzed more than 400 corruption and money-laundering cases, totalling £325 billion-worth of “suspect funds,” and revealed the lavish spending habits of the elite.

Among other things, TI said corrupt money had been spent on a £1 million Cartier ring and huge sums on masterpieces from Sotheby’s, a Tom Ford crocodile-skin jacket and matching handbag from Harrods, 421 luxury properties worth £5 billion – and a hovercraft.

The cash in question frequently comes from embezzlement by corrupt state officials in foreign countries, the report said. British service providers, it adds, “have been involved in some of the most egregious cases of corruption in our time.”

Yet, despite the fact that the problem is occurring on a regular basis, Britain seems unable or unwilling to tackle it efficiently. TI said laws to combat such corruption "remain under-enforced" – and the lax enforcement therefore contributes to the "lack of a credible deterrent against wrongdoing."

1455 companies registered to one address

The report found that 582 British firms or individuals had helped the super-rich bring their dodgy money into the country. Money was laundered through a whopping 17,000 shell companies and, incredibly, 1,455 of those were registered to the same address, over a wine bar in Birmingham.

The report also points to "significant deficiencies" in the UK's corporate liability laws, which mean it is incredibly difficult to successfully prosecute a big multi-national company for money laundering or bribery.

The nature of the involvement of British companies and institutions in these schemes varies from “unwitting involvement” to fully complicit and “knowingly facilitating” corruption.

The Chief Executive of Transparency International UK, Daniel Bruce, said that while government and law enforcement agencies have made progress in recent years, it is still "far too easy" for corrupt individuals to receive assistance from UK businesses. "There remains too much poor practice to be able to assume bad behaviour is confined to a few rotten apples," he said.

“This should act as a wake-up call for Government and regulators, and deliver much-needed reforms to the UK’s defences against dirty money,” Duncan Hames, director of policy at Transparency International UK, said.

London has long been seen as a playground for the rich and corrupt, but it’s not just luxury items that these people are after, either. They are also forking out cash on “educational consultants” to help secure places for their kids at the most prestigious British schools and universities. Nearly £3 million was paid to private schools like Charterhouse and Lancing College. Universities like the London School of Economics and University College London also received hundreds of thousands of pounds. 

The report describes the UK property market as a "prime destination" for criminals to launder and enjoy their stolen wealth "with impunity" –  using the properties as their own personal "safety-deposit box."

In May, Zamira Hajiyeva, the wife of a corrupt Azeri banker serving 15 years in prison, became the subject of the UK's first unexplained wealth orders (UWO). Hajiyeva coughed up £30,000 on luxury Godiva chocolates at Harrods as part of a decade-long, £16 million spending spree.

Fugitive Indian Billionaire Could Soon End Up in Mumbai Jail… If UK Finds Cell Good Enough

Corruption is Everywhere - Certainly in India

Wealthy people have a completely different justice system from the rest of us. Like Jeffrey Epstein, who trafficked dozens, if not hundreds of underage girls to wealthy and famous people, and was sentenced to spend a few months sleeping in a luxury jail cell while being able to leave and go to his luxury office all day. 

FILE PHOTO: Nirav Modi is driven away from Westminster Magistrates Court in London © AFP / Tolga Akmen

The UK court has extended the custody of notorious diamond dealer Nirav Modi as it seeks to ensure that he will be held in acceptable prison conditions before it rules on the extradition of the fugitive billionaire back to India.

“There is no reason why it [India’s jail plans for Nirav] should not be answered within 14 days,” Judge Emma Arbuthnot said, adding that Arthur Road Jail in Mumbai would be the “obvious candidate.”

Last year, Arbuthnot issued a similar request to Indian authorities before approving the extradition request of another fugitive – liquor tycoon Vijay Mallya, who had complained of inhumane prison conditions back home. In his case, India provided a video of the exact cell in which the former member of the Upper House of the Parliament was to be held. Mallya, who left India in March 2016 with debts of more than $1 billion, continues to fight the extradition order. The next hearing to decide his fate will be held on July 31.

Modi and Mallya might soon become prison mates if the judge Arbuthnot approves billionaire jeweler's extradition on July 29. For now, she has extended Modi's custody until June 27. Modi, who fled India last year and was only detained in London in March, is wanted over an alleged scam against Punjab National Bank (PNB), in which the diamond billionaire used fraudulent paperwork to obtain buyer’s credit for £2bn ($2.6bn).

If extradited, both men are in for a royal treatment at Mumbai's largest and oldest prison built in 1926. To house celebrity inmates and other high-profile prisoners, Arthur Road Jail has constructed a special cell block, consisting of individual 15x10 feet units. The cells have long French windows closer to the ceiling to ensure plenty of daylight and fresh air. They also come with other ‘luxuries’ previously unheard of.

“Exhaust and ceiling fans have been fitted to keep the rooms cool,” director general of prisons SN Pandey noted last month. “The other facilities include a commode, wash basin with 24x7 water supply as well as pure drinking water.”

'Now we are fully ready to accommodate the high-profile fugitive offenders while complying with global prison standards.'

"That Makes Me Smart"! Sure!

If you have been following this blog for awhile you know that I haven't paid a lot of attention to the presidential race in the USA. You may even know that I do not like 'reality TV' nor do I like the 'theatre of the absurd', both of which describe the last year and a half of American electioneering. Consequently, I did not watch the big debate last night; I was happy to watch a few highlights, although I'm not sure that's the appropriate word. What I heard was disturbing but very telling.

Hillary Clinton missed a great opportunity last night to destroy Donald Trump; whether she didn't hear his remark or just wasn't ready for it, only she knows. But when she announced that Trump had paid zero dollars in taxes for some years (I'm not sure how she found that out, it seems unlikely that it was public information), Trump interjected with the comment, "That makes me smart"! Does it? Maybe, but saying it was a pretty stupid thing to do for several reasons:

1. He's calling everyone else in America who pays taxes - stupid for doing so.

2. That sets an example for Americans to emulate. If All Americans were 'smart', there would be no government, no police, no military, no justice system, no prison system, no food and drug control, etc., etc. Society would completely collapse into anarchy.

3. If Trump becomes President, he would have to deal with that very problem of falling tax revenues. Consequently, he would have to raise taxes in many areas and eliminate tax breaks, ie mortgages. God forbid he should attempt to tax the wealthy.

4. Trump has as much as admitted that the entire government, military, police, etc., etc, systems are being carried on the backs of middle income Americans who, obviously, aren't very 'smart'. 

5. That means that Trump and many other extremely wealthy people do not support the American military, police or firefighters. They seem quite happy with allowing middle income Americans to shoulder all that responsibility. Their responsibility is to their own greed, not to America.

They are quite happy to send Americans into war zones where they know some will come back in body bags, or missing some parts, because many of America's wealthy benefit financially from Americans using their weapons, etc. And, all too often, those soldiers are fighting an enemy using American weapons as well. All the more profit for American arms manufacturers to hide in off-shore accounts away from the IRS.

One of the reasons middle Americans are supporting Trump is because he is rogue; he's not in the pockets of the 1% who are telling Congress and the Senate how to vote on any bill concerning them. And that's refreshing, the thought of the 1% not being able to control the government. It is, however, wishful thinking, for two reasons:

1. Trump is one of the 1%, so how would his policies differ from the others?

2. If he did attempt to make some significant changes to benefit middle-income Americans at the expense of the tax-free 1%, he would be stymied at every turn by Congress and the Senate who are still in the pockets of the rich and tax-free.