When British citizens voted in a national referendum to exit the European Union June 23 [52% to 48%], 85-year-old billionaire financier George Soros was the first to call it the end of the European Union. Not the person he used to be when he shorted the pound sterling and Bank of England Sept. 16, 1992, selling 10 billion pounds to make himself another billion in profit. Called the man who broke the Bank of England, Soros Fund Management lost the U.K. $3.4 billion, whose partners Stanley Druckenmiller and Jim Rogers made a killing. Calling the Brexit vote as “catastrophic scenario,” Soros predicted the breakup of the EU. Soros insisted the EU breakup was “practically irreversible,” forecasting serious damage to the U.K.’s economy. “Now the catastrophic scenario that many feared has materialized, making the disintegration of the EU practically irreversible,” said Soros.
Less than a month later, Soros hopes to save face, laying out his formula for saving the EU. EU President Jean-Claude Juncker and European Commission President Donald Tusk don’t really care what Soros thinks. Jumping to conclusions in “Project Syndicate,” an Internet opinion site, Soros saw only disaster one day after the Brexit vote June 25, suggesting it marked the end of the U.K. No, Soros wants to offer his two cents how to fix the EU’s economic and social woes. Soros advises the EU to accept at least 300,000 “front-line” refugees a years, largely coming from impoverished North Africa and worn-torn Middle East. Soros know the Brexit vote stemmed largely from the intolerable flow of Mideast and North African immigrants into the U.K. Lecturing the EU to take more refugees is outrageous. Pressuring EU members to take more refugees practically guarantees a future breakup.
At the same time Soros recommends EU states to take more refugees, he also urges fixing EU borders, modifying the March 26, 1995 Schengen open-borders agreement, allowing EU citizens to travel freely across states. Former British Prime Minister David Cameron staked his job on the U.K. staying in the EU. Cameron’s miscalculation came from accepting the Schengen open agreement, despite watching press reports of Mideast and North African immigrants jumping onto the Euorstar underneath the British Channel to London’s St. Pancreas Station. Cameron, and other EU officials, especially German Chancellor Angela Merkel, don’t get the degree of frustration among EU states unable to accommodate hoards of refuges flowing from the Syrian War. Soros mentions nothing about how to stop the war, only urging EU member to take more refugees.
Soros urges the EU, already pressed financially to the breaking point, to commit more cash to the refugee crisis. He wants $33 billion more from the EU to resettle Mideast and North African refugees. When you consider the U.S. and EU policy backs the Saudi-funded proxy war against Syrian President Bashar al-Assad, Soros doesn’t see U.S. and EU complicity in what human rights groups call the biggest humanitarian crisis since WWII. President Barack Obama and Democratic presumptive nominee former Secretary of State Hillary Rohdam Clinton both back the Saudi proxy war against al-Assad, despite pitting the U.S. against Russia and Iran. Both countries seek to end the Saudi-Turk proxy war, reestablish order in Syria and stop the destructive flow of Mideast refugees to Europe and neighboring countries. Soros mentions nothing about ending the six-year-old Syrian War.
Giving Turkey some $6 billion to manage the refugee crisis, Soros still wants the EU and U.S. to give more Worth about $24.9 billion, Soros offers none of his own fortune, except for his pet projects, like “Open Society,” designed to offer better pre-school education in former Soviet satellites. After promising the collapse of the EU and U.K. June 25, less than a month later Soros offers nothing constructive to deal with the runaway Saudi-funded proxy war causing today’s refugee crisis. If the U.S. and EU put pressure on the Saudis to stop the war, the refugees would gladly stay in Syria or other Mideast countries. “The benefits brought by migration far outweigh the costs of integrating immigrants,” said Soros, forgetting about the growing Islamic terrorism plaguing Europe and the U.S. If Angela could rethink her ambitious refugee plan, she’s gladly turn back the clock.
Soros’s gratuitous advice to the U.S. and EU how to manage the Mideast refugee crisis makes no sense. If he believes so strongly in funding EU countries to manage the crisis, he should pony up, not tell the EU and U.S. how to spend its money. Calling it the “height of irresponsibility and a dereliction of duty” to let the EU disintegrate, Soros tries to walk back his reckless comments following June 23 Brexit vote. Voting the exit the EU, Britain decided that it could no longer let Brussels dictate its future. Paying some $13 billion as the EU’s second largest economy, U.K. voters couldn’t figure out how the benefits outweighed the costs. When you add to the uncontrolled Islamic immigration, it offered only future problems. Jet-setting around the globe, billionaires like Soros don’t get problems faced ordinary people, faced with protecting jobs, feeding families and staying safe.
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