GEORGE SOROS, BIG MONEY, THE DRUG CARTELS, AND THE BUYING OF THE PRESIDENT, 2004 Soros Supporter Rep. Barney Frank      Soros FROM WNYC-FM's The Brian Lehrer Show. http://slate.msn.com/id/2106176/ Brian Lehrer: What do you think of the Swift Boat veterans ads, and John Kerry's calls for the president to denounce them? Dennis Hastert: Well, you find out that if you look into the record, I was against the Campaign Finance Reform Act because that's what I felt that would happen, that you would push into guys like George Soros, who's dumping in $16 or $20 million. We don't know where that money comes from. We don't know where it comes from, from the left, and you don't know where it comes in the right. You know, Soros' money, some of that is coming from overseas. It could be drug money. We don't know where it comes from. http://seattlepi.nwsource.com/national/apwashington_story.asp?category=1153&slug=Soros%20Hastert Billionaire philanthropist George Soros has asked the House ethics committee to investigate House Speaker Dennis Hastert over comments suggesting that Soros could be receiving money from illegal drug groups. "This kind of insinuation - that a private United States citizen was in league with drug cartels and may be receiving funds derived from criminal activity - has no place in public discourse," Soros wrote Tuesday to the chair and top Democrat on the panel, Reps. Joel Hefley, R-Col., and Alan Mollohan, D-W.Va. During an Aug. 29 interview on "Fox News Sunday," Hastert, R-Ill., questioned the source of the 73-year-old financier's wealth: "I don't know where George Soros gets his money. I don't know where - if it comes from overseas or from drug groups or where it comes from." He made similar comments in an Aug. 23 radio interview... After Hastert made his comments, 11 House Democrats led by Rep. Barney Frank of Massachusetts, wrote Soros inviting him to speak on Capitol Hill. Frank's office explains: "In response to recent right-wing attacks against billionaire investor and philanthropist George Soros, a group of House Democrats today wrote to Mr. Soros inviting him to meet with them on Capitol Hill to discuss several relevant, important public policy issues. "The letter was organized by Rep. Barney Frank (D-MA) who was joined by 10 other House Democrats to express admiration for Mr. Soros and his 'dedication to the ideals of an open and fair society.' "In their letter, the House Democrats also express concern over 'the McCarthyite attacks that have been made on you by some American politicians, including colleagues of ours, who have gone far beyond the reasonable bounds of civil discourse in their efforts to discredit you.'" To view the letter, click here: http://www.house.gov/frank/sorosletter.pdf      WE REPORT, YOU DECIDE      George Soros: Chairman of Soros Fund Management LCC, a private investment management firm that serves as principal advisor to the Quantum Group of Funds, based in the Netherlands Antilles, a Caribbean tax haven. "George Soros is known as the wealthiest speculator of all time. His trading all took place in the Netherlands Antilles, where his earnings compounded tax free," reports turtletrader.com http://www.turtletrader.com/oig.html. The Netherlands Antilles is described by the CIA as a "transshipment point for South American drugs bound for the US and Europe" and "money-laundering center." TIMELINE: SOROS AND THE LAW 1979: Soros signs a consent decree in United States District Court, in a Securities and Exchange Commission case involving stock manipulation. Source: Connie Bruck, "The World According to Soros," The New Yorker, January 23, 1995. 1986: Soros fined $75,000 by the Commodity Futures Trading Commission "for having held positions in excess of speculative limits." Source: Connie Bruck, "The World According to Soros," The New Yorker, January 23, 1995. 1990: Colombia initiates "Apertura" program, enabling drug kingpins to buy Colombian banks and more easily launder their drug money. 1990, August: U.S. Drug Enforcement Agency (DEA) agents claim Banco de Colombia and other banks are conduits for drug money (source: Reuters 1992: Soros breaks the Bank of England. "He is widely known as the man who broke the pound, after helping force sterling out of Europe's exchange rate mechanism in 1992," the BBC notes. 1994, January: With backing from Britain's Barclay and Holland's ING and Morgan Greenfield (a subsidiary of Germany's Deutsche Bank), the Cali-based Galinski Group purchases Banco de Colombia. 1994, August: George Soros takes a 9 percent interest in Banco de Colombia. Source: Reuters, August 19, 1994. 1994, September: The Drug Enforcement Administration (DEA) issues report, "Colombian Economic Reform: The Impact on Drug Money Laundering within the Colombia Economy," warning of "the purchase of financial institutions by Colombia drug organizations." In an apparent reference to Banco de Colombia the report said that, "Recently, suspicions were raised when a major Colombian bank was sold to a wealthy Colombian family for a price 15 percent above government expectations. The bank maintains branch offices in Panama and the Cayman Islands and is the parent company of another bank in Miami, Florida. A source reported that the family was associated with a major Colombian drug cartel." 1997: Prime Minister Mahathir bin Mohamad accuses Soros of bringing down the Malaysian currency. 2002, December: Soros found guilty of insider trading in France. "A Paris court found Mr. Soros guilty of profiting from inside knowledge of a 1988 takeover bid for Societe Generale, a French bank," BBC notes. see: http://news.bbc.co.uk/1/hi/business/2594273.stm              Printer-friendly version Click here to be added to our mailing list.