Human Rights

George Soros Reveals His Plan For Dealing With Europe’s Ongoing Refugee Crisis

The billionaire hedge fund expert George Soros has been vocal in his criticism of the European Union and its handling of the refugee crisis for a number of months, but has responded to the latest plan unveiled by the EU and Turkey by revealing his own ideas on how to handle the problem. In an article published by The New York Review Of Books George Soros explained how the EU had the ability to tackle the humanitarian issues the refugee crisis has caused in a more timely and efficient way than the latest EU-Turkey plan allows for.

George Soros has a personal interest in the handling of Europe’s refugee crisis he has blamed on the continued bombing of Syria by the Russian military on http://www.bloomberg.com/news/articles/2016-01-07/global-markets-at-the-beginning-of-a-crisis-george-soros-says; Soros was born in Hungary and found himself a refugee after surviving the Holocaust of World War II. The goodwill George Soros received after arriving in London as a refugee allowed him to complete his studies before continuing his refugee journey by arriving in New York to start his career as a hedge fund manager.

For over a quarter of a century George Soros found himself at the head of one of the world’s most successful hedge funds that achieved an average of 20 percent growth throughout his time as its leader. Soros hit the headlines in the 1990s when his hedge fund was named as achieving such success that the British government was forced to devalue the Pound Sterling.

In his latest article, George Soros dips into his experience as a global finance expert in his bid to explain a better way of dealing with the European refugee crisis. Soros believes the plan forced upon EU member on http://www.nytimes.com/topic/person/george-soros states by the Turkish government and German Chancellor Angela Merkel is not truly European and could be seen as stifling the human rights of refugees who have already arrived in European countries like Greece. The deal forces quota regulations on member states regarding the number of refugees they must accept and has re imagined Greece as simply a stopping point for refugees before they are dispersed forcibly across the continent and to Turkey.

George Soros believes Greece is not equipped with the funds required to care for the refugees who have already arrived in the country and those who continue to make the dangerous crossing of its borders. Soros puts forward a number of financial options for dealing with the crisis, including a continent wide tax he believes member states would not agree to; instead, George Soros believes the use of the AAA rating the European union maintains with credit agencies could provide funding from a loan totaling less than one quarter of one percent of the annual GDP of the continent. In the view of the legendary hedge fund manager this would allow the European Union the chance to create a basis on which to deal with refugees entering the continent in the future.

Thor Halvorssen Surprises Fox News Host on Socialism

Outspoken human rights activist and film producer, Thor Halvorssen Mendoza recently appeared on the Fox Business News segment The Intelligence Report, hosted by Trish Regan. The segment was on the topic of “Bernie Sanders’ Socialist Agenda.” The first thing Regan asked her guest was why he thinks socialism is a inherent violation of fundamental human rights. Thor Halvorssen, with characteristic specificity, replied that such a statement needed to be qualified. He went on to remark that socialism is not inherently problematic, but rather the extent to which it is implement within a government and that it is generally most destructive when it is used as a mask for would-be dictators to seize power.

After listening to her guest’s remarks, Trish Regan then drove the conversation back to the traditional definition of socialism. Remarking flatly that Bernie Sanders supports, “Have no idea what socialism is as a recipe for how government works.” Ms. Regan then pressed her guest to explain how socialism works but he interjected saying that this greatly depends on a wide variety of factors such as where the definition of socialism is taken from. The definition for socialism can be purely academic definition, a historic definition or even a modern definition of socialism (which Thor Halvorssen pointed out was very prevalent in countries such as Sweden and Denmark who were both democratic and socialist).

Mr. Halvorssen then further elaborated on the topic by saying that his home country of Venezuela has a good example of a bad socialist government as it is a nation whose government’s price tampering has caused massive shortages and horribly damaged the economy. Then Ms. Regan’s guest dropped a surprising fact – he had made the largest possible financial donation to Bernie Sanders campaign. Ms. Regan, obviously surprised at the fact that a man who had so vehemently and consistently decried socialism was now seemingly in favor of it, asked him what caused him to support Bernie Sanders. Film maker Thor Halvorssen replied that it was a simple matter, that, as he had said before, that democratic socialism is possible and that it is imminently preferable to a Hillary Clinton presidency. He qualified this latter condemnation by stating that he could never support a presidential candidate who has taken money from dictators.