George Soros Quotes (UPD: US should take on more debt for infrastructure)
How much debt is too much and when should you tighten? We’re in the midst of a difficult, delicate, two-speed maneuver. – Bloomberg television April 9, 2011 interview
If you have a growing economy, you can tolerate a high level of debt. If you have an economy in recession, and too much debt, you get into what’s called a debt trap. – Bloomberg television April 9, 2011 interview
We can issue our own currency in the U.S., and the dollar is quite strong. – Bloomberg television April 9, 2011 interview
There is a danger than, by pushing budget cuts too far, you can endanger it. I fear political forces are going to force the economy back into recession. The U.S. economy could absorb some more debt to get the economy going. If you use it to reinforce consumption, you get no benefit from it. Building infrastructure or improving productivity is where it should be used. – Bloomberg television April 9, 2011 interview
The U.S. dollar is considered to be riskless, but it’s a question as to the degree of future inflation. One way to decrease the future weight of debt is to have inflation. – Bloomberg television April 9, 2011 interview
The European Financial Stability Facility must serve to rescue the banking system as well as member states. This would allow sovereign debt to be restructured without precipitating a banking crisis. – discussing how the EFSF must take control of the banks, March 23, 2011 Social Europe Journal
“…the rules will have to be removed, and this could be done by creating eurobonds. – discussing how the EFSF must take control of the banks, March 23, 2011 Social Europe Journal
Bringing the banking system under European supervision, rather than leaving it in the hands of national authorities, would be a fundamental improvement that would help restore confidence. – discussing how the EFSF must take control of the banks, March 23, 2011 Social Europe Journal
Well, I would be amused if people saw the joke in it, because what he is doing, he is projecting what Fox — what Rupert Murdoch is doing, because he has a media empire that is telling the people some falsehoods and mis — and leading the government in the wrong direction,…but, you know, by accusing me of doing that, it’s kind of — it makes it rather hard to see that it’s really — he is working for the man who is doing it which is Fox News. – February 20, 2011 CNN interview
Fox News makes a habit — it has imported the methods of George Orwell, you know, newspeak, where you can tell the people falsehoods and deceive them…They succeeded in — in Germany, where the Weimar Republic collapsed and you had a Nazi regime follow it. So this is a very, very dangerous way of deceiving people. And I would like people to be aware that they are being deceived. Now, I — because I saw it as a child, I immediately react that way. But the people in America, they are innocent. They haven’t had the experience. They’re having the experience now. And I hope they wake up and they realize that they are being deceived. – February 20, 2011 CNN interview
“Look, I think the people in the tea party are very decent people, hard-working. They have been hit by a force that they — that comes from somewhere which they can’t fully understand and they are being misled. And they are misled by people who are using it for their selfish purposes, namely to remove regulations and reduce taxation. So reduce taxation and regulation and they are being used and deceived. – February 20, 2011 CNN interview
They have now got to accept responsibility for world order and the interests of other people as well. – November 15, 2010 acceptance speech at Canadian International Council Globalist of the Year Award
It does, because I think they are pushing the wrong policies, but I’m not in a position to stop it. I don’t believe in standing in the way of an avalanche. – regarding the prospect of Republicans wimming one or both houses of Congress, October 8, 2010 interview at forum sponsored by Bretton Woods Committee
I made an exception getting involved in 2004, and since I didn’t succeed in 2004, I remained engaged in 2006 and 2008. But I’m basically not a party man. I’d just been forced into that situation by what I considered the excesses of the Bush administration. – October 8, 2010 interview at forum sponsored by Bretton Woods Committee
German policy is becoming a danger that could destroy the European Project. A collapse of the euro cannot be excluded. Unless Germany changes policy, its withdrawal from the currency union would be helpful for the rest of Europe. At the moment Germany is pushing its neighbours into deflation: this threatens a long phase of stagnation, leading to nationalism, social unrest, and xenophobia. It endangers democracy. – June 23, 2010 interview with German weekly Die Zeit
This would be the time’ because I think you really need to bring China into the creation of a new world order, financial world order. I think you need a new world order, that China has to be part of the process of creating it and they have to buy in, they have to own it in the same way as the United States owns … the current order. – Financial Times in 2009, when asked what Obama should discuss with the Chinese
The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion. That it’s possible to be opposed to the policies without being unpatriotic.
Charlie Rose conversation April 10, 2008
An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
Bush’s war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale of our armed forces. Our troops were trained to project overwhelming power. They were not trained for occupation duties.
Neil Cavuto interview of Soros: October 5, 2006
I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It’s their work that I’m supporting. So it’s not me doing it.
Despite repeated assertions to the contrary by various Fox News commentators, I have not to date been a funder of Media Matters. However, in view of recent evidence suggesting that the incendiary rhetoric of Fox News hosts may incite violence, I have now decided to support the organization. Media Matters is one of the few groups that attempts to hold Fox News accountable for the false and misleading information they so often broadcast. I am supporting Media Matters in an effort to more widely publicize the challenge Fox News poses to civil and informed discourse in our democracy.





