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To: Dan from Michigan; hchutch; Chancellor Palpatine
Soros makes his money by engaging in speculative currency trades. His "dog in the fight" is less about the UN and more about preserving international banking secrecy, which is being threatened by the war on terrorism.

In short, he wants to be able to trash other country's economies at his own whim, even if it means allowing al-Qaeda to kill a few thousand or more people at one time. After all, you can't make an omelet without breaking a few eggs.

Currency speculators are, by their nature, shady characters without especially firm codes of ethics. They frequently have to procure information not generally available to the public; said information is often found in the hands of goobermint employees or elected officials. (Can you say "bribery," boys and girls?" I knew you could!) They frequently come across other shady persons engaged in nefarious actions. They usually do not report this stuff to the authorities, because it will engender all manner of awkward questioning re: how they happened to learn about the nefarious actions.

13 posted on 11/14/2003 11:36:22 AM PST by Poohbah ("Would you mind not shooting at the thermonuclear weapons?" -- Major Vic Deakins, USAF)
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To: Poohbah
>>>>he wants to be able to trash other country's economies at his own whim, even if it means allowing al-Qaeda to kill a few thousand or more people at one time.

Interesting in light of the following piece from FT.

A new UN report, obtained by the Financial Times, reveals that despite "considerable progress" in combating terrorist financing, al-Qaeda related businesses and charities continue to operate across the globe.

It highlights the activities of Youssef Nada and Idris Nasreddin, directors of al-Taqwa, a financial group the US believes was the most important fund-raising operation for al-Qaeda.

The report says the two men continue to maintain commercial interests and property in Italy and Switzerland, despite their designation as terrorist financiers. It says Mr Nada travelled to Liechtenstein in January and tried to re-register two al-Taqwa related companies under new names. By doing so he violated a UN-sanctioned travel ban.

http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1066565876294&p=1012571727088
14 posted on 11/14/2003 11:49:47 AM PST by swarthyguy
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To: Poohbah; Chancellor Palpatine; BOBTHENAILER; PhiKapMom; Miss Marple
I'd use variations of manipulation, myself to describe what Soros is up to... speculation is, IMO, legitimate to a degree. It implies that one SPECULATES on what might happen.

Soros is more interested in a "sure thing" on that front - ergo, I consider him to be into currency MANIPULATION.
16 posted on 11/14/2003 12:02:16 PM PST by hchutch ("I don't see what the big deal is, I really don't." - Major Vic Deakins, USAF (ret.))
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To: Poohbah
Soros makes his money by engaging in speculative currency trades. His "dog in the fight" is less about the UN and more about preserving international banking secrecy, which is being threatened by the war on terrorism.

He has become bored with the currency market and is setting his sights higher. This is MORE about UN now.

29 posted on 11/14/2003 1:18:05 PM PST by cinFLA
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To: Poohbah
Currency speculators are, by their nature, shady characters without especially firm codes of ethics. They frequently have to procure information not generally available to the public; said information is often found in the hands of goobermint employees or elected officials.

Soros distinguished himself at finding inside information and influencing government corruption. The major difference now is that he is old and less capable.

He's forgetting that most of Europe was slave labor for 50 years and that Hitler nearly killed several million more people.

39 posted on 11/16/2003 3:14:25 PM PST by alrea
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