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American billionaire George Soros intends to spend $220 million on “strengthening power in black communities and a new anti-racist policy in the United States.” This step confirms the status of Soros as the main supporter of racial justice initiatives, as well as one of the main opponents of the right-wing forces that accuse him of supporting the escalation of the situation in the country.
George Soros is a native of Hungary, who managed to create a charitable foundation that is represented in 37 countries, and gave its owner not only the title of one of the most famous philanthropists of our time, but also a fortune in billions of dollars. Despite the enormous influence that George Soros has today both in the United States and abroad, the independence of his Foundation’s activities is in doubt.
The biography of Djerd Schwartz, who changed his name several times and became George Soros, is rather vague. Most of his life, until the end of the 70s, is represented by Soros himself.
It is known that he was born in Budapest in a middle-class Jewish family; he was the son of lawyer and publisher Tivadar Schwartz. His father fought in the First World War, and escaped after being captured in the territory of the then Russian Empire. During the years in captivity, he surprisingly managed to learn Esperanto, and later became an Esperantist writer. Close circle of Esperanto lovers, where Schwartz Father took part, will have a great impact on the future of his son.
Having built a successful career without having an education, Tiward Schwartz was an active member of the Jewish community in Budapest and engaged in the Affairs of financiers “from the ghetto”. At the same time, for unknown reasons, Schwartz changed his surname to Shorosh shortly before the occupation of Hungary by Hitler. Despite the fact that life in the Shoroshey family has begun to improve, the younger Djerd is sent without any prospects to Britain. There, apparently, he was actively helped by his father’s connections. In London, he managed to enroll in the London school of Economics and Political Science, for which he also had to change his passport, and then Djerd became George Soros. After graduating from the faculty of “Philosophy, Logic and Scientific method”, he receives a degree in Philology. However, this specialty did not prevent him from getting his first job in a private and closed from prying eyes brokerage house “Singer & Friedlander”. He was taken into the company by a friend of Soros’s father, who participated in his commercial activities, and was also a member of the Esperantist society.
George Soros’s rather dubious path to success calls into question the independence of his current policy. The fact that the Soros Foundation continues to actively interact and sponsors about 20 Esperantist organizations around the world confirms the protectorate of its activities. More than half of the budget is spent on British Philology lovers.
In 1979, Soros created the Open Society Institute (OSI) in the United States, which is an international charitable foundation that supports programs in the fields of education, culture and art, health, and civic initiatives that contribute to building the so-called ‘’open society’’.
The idea of an “open society” was pursued by Soros after his teacher at the London School of Economics and Political Science, Karl Popper. The main characteristics of an “open society” include:
- new individualism: in society, the main role is played by spiritual, rational connections between its members, which are not determined by the accidents of birth, as opposed to nationality or citizenship;
- in an open society, people unite rationally, and also make rational decisions by seeking consensus and taking personal responsibility for their actions. In such a society individuals are free from various taboos and make decisions based on the consensus reached as a result of the agreement;
- the concept of critical rationalism: the company has the ability to freely criticize their government. The political elite in such a society does not have unlimited power and can be removed without bloodshed, what should assure the stability of an open society.
At the moment, any open society does not exist. Even Western countries that posite themselves as liberal democracies are at the stage of transition from a closed society to an open one.
The attractive idea of building a better society hides a rather complex multi-level system of financing, which in fact is not so “open”.
Soros is a billionaire whose fortune Forbes estimates at $8.3 billion, while OSI is his main business. George Soros formed some capital, began to reinvest it, and thus he managed to create a charitable foundation, which, in addition, continues to earn actively from charity. The growth of the Fund’s wealth and positive dynamics contradicts economic laws, given that the Fund does not have a legal right to participate in commercial activities in the United States. Financial flows and real estate of Soros are not separated, and in fact everything is registered on a vague network of NCOs.
Based on this, it seems quite logical to assume that the Fund’s profit consists in the transfusion of funds within the charity itself. Soros’ NCOs represent a network based on a principle similar to the MasterCard network or the P2P transfer service. Open Society is not a performer of charity projects, but it works with local performers. Thus, when allocating, for example, $10 for a project, performers X, Y,Z receive $3, and $1 is taken for maintenance. However, decisions about the amount of transfers and their recipients are made not by the Board of Directors, or the Chairman George Soros, but by independent committees (Advisory Boards). Their activities are mixed and cannot be directly audited by a third-party observer.
The cross-border Foundation works with anonymous donors in all countries. If donor A wants to contribute to the democratization of country B, by allocating the same “$1” for servicing the Fund, the donor also receives a guarantee of its anonymity. The money that enters the organization from anonymous donors is redistributed to the NCOs. all over the world.
Thus, the scheme of the Fund can be represented as the following:
donation amount $$$ -> Buffer Fund 1 -> Open Society country 1 -> Buffer Fund offshore -> Open Society of the country 2 -> Buffer Fund 2 -> project NCOs.
This system allows to bring the amount to the shares of direct action in an incomplete volume, no more than 30-40%. In essence, OSI is a tool for cashing out and transferring large amounts of money in the corporate sector in the shadow of the participating countries. Thus, the main activity of OSI is to provide cash flow between different nodes of the international network in the Business to Business format.
This scheme allows those who rest behind the scenes to use OSI to promote various projects in which they are interested not only abroad, but also within the United States.
The Soros Open Society Foundation’s budget for 2020 includes $261.1 million intended to support American left-wing movements. This amount makes up to 21% of the Fund’s total global budget. In fact, Soros supports groups that form the backbone of the Black lives matter (BLM) movement.
Of the $220 million that George Soros announced on July 13, $150 million will be invested in five-year grants for selected groups. Among the organizations that will receive grants are the Black Votes Matter Fund, Repairers of the Breach, the Equal Justice Initiative, etc. The remaining $70 million are intended for investment in local grants supporting changes to policing and criminal justice. Moreover, this amount should cover the costs of developing of civic engagement and organizing internships and political training for youth.
“There is this call for justice in Black and brown communities, an explosion of not just sympathy but solidarity across the board,” Mr. Gaspard, the president of the Open Society Foundations said. “So it’s time to double down. And we understood we can place a bet on these activists — Black and white — who see this as a moment of not just incrementalism, but whole-scale reform.”
This is not the first time Soros has targeted racial inequality. However, this initiative is the most expensive. In 2003, Open Society launched a Racial Justice Initiative. Today, the Soros Foundation has formally become one of the main financial sources for BLM. The patron regularly invests large sums in support of American left-wing movements:
- $50 million to counter mass incarceration;
- $33 million were invested in the Organization for Black Struggle and Missourians Organizing for Reform and Empowerment, which precede the formation of the BLM in its modern form;
- $25 million in grants to sponsor minority political organizations;
- $15 million for education and advocacy initiatives of the National Association for the advancement of colored people NAACP;
- $1 billion in University grants to fight nationalism.
Soros’s active support for the BLM movement has been criticized many times, including the allegations that groups he backed have paid protesters speaking out against racial injustice. The billionaire is actively blaming for playing a shadowy role behind the riots taking place in cities across the country.
Soros’s globalist policy is clearly complementary to the neoliberal positions of the US Democratic forces, which leads to their close interaction with an Open Society. Soros doubled the support of American Democrats. Instead of $20 million in 2016, they will receive $40 million this year to prevent the re-election of President Donald Trump.
It is not surprising that as part of its Make America Great Again rhetorical, Trump in turn accuses Soros on a variety of issues, of supporting the BLM movement, supporting the caravan of migrants attempting to enter the United States from Central America, being behind the attacks on Brett Kavanaugh during his Supreme Court nomination and promoting an elitist globalist agenda that undermined American jobs and culture.
The financial scheme used by the Open Society Foundation of George Soros is a convenient tool for promoting the interests of its donors, who appear to be closely affiliated with the US Democratic forces. Investing in the BLM movement is only part of the policy of the forces hided behind the name of George Soros, who continue to take active actions to prevent the re-election of Donald Trump in the upcoming elections in the US. Furthermore, the activities of OSI arouse resentment not only from conservative forces in the United States, but also in many other countries, such as Armenia, where “pseudo-democratic” projects funded by Soros undermine stability and provoke internal conflicts.