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Posts Tagged ‘George Soros’

George Soros: Middle East turmoil caused by 'revulsion against the corruption'

Oil wealth ‘must be shared’ with citizens says Soros

BBC News

3 March 2011 Last updated at 19:02 ET

Citizens of oil producing nations must see more benefit from their country’s national resources, billionaire investor George Soros has told the BBC.

Revolts in Libya were partly the result of “revulsion against a corruption” fed by the misuse of oil money, he added.

More “transparency and accountability” was needed from other producers such as Russia and Saudi Arabia he said.

Mr Soros also predicted the Iranian regime would be overthrown in the “bloodiest of the revolutions”.

‘Rebelled’

Libya produces 1.6 million barrels of oil per day and is the 17th largest producer in the world.

And Colonel Gaddafi’s hold on power has been dependent on the billions of dollars in oil revenue that pour into the country.

Talking of the wave of governments being challenged in North Africa and the Middle East, Mr Soros said: “What has caused the revolutions is a revulsion against a corruption that is fed by the misuse of natural resources like for instance in Libya.

“Transparency and even more importantly accountability in the use of natural resources is what you need for people living in those countries to get the benefit of those national resources.

“Libya produced enormous wealth which Gaddafi took as his own and now the people rebelled against it.”

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George Soros Responds To Glenn Beck, Fox News Attacks (VIDEO)

HuffPost- First Posted: 02/19/11 09:04 AM Updated: 02/19/11 09:13 AM

Liberal billionaire George Soros responded to Glenn Beck’s frequent attacks on him during an interview with CNN’s Fareed Zakaria that is set to air on this Sunday’s episode of “Fareed Zakaria GPS.”

Beck has repeatedly cast Soros as the “puppet master” and chief architect of a shadowy group of left-wing people and organizations who are determined to destroy the current geopolitical system and replace it with a “new world order.” Beck’s statements about Soros’ experiences during the Holocaust have proved so controversial that 400 rabbis signed a letter asking Fox News CEO Roger Ailes to “sanction” his host for making them.

Speaking about Beck, Soros told Zakaria, “I would be amused if people saw the joke in it,” adding that he thinks Beck is “projecting” the views of Rupert Murdoch, who owns Fox News, and who Soros accused of “telling the people some falsehoods and leading the government in the wrong direction.”

Soros said he thinks Fox News “has imported the methods of George Orwell, you know, newspeak, where you can tell the people falsehoods and deceive them.”

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