>>/10167/ The Oligarchy’s Money Soros is largely a creature of the British-run oil spot market scheme, and got his start as a currency specula- tor, a role which would not have been possible had not President Richard Nixon, under the sway of British agent George Shultz, ended FDR’s Bretton Woods system of fixed currency rates in 191. As a fund man- ager, Soros depends upon the money of others, and that money comes largely from networks around the Roth- schild banking apparatus and, according to our sources, the British Royal Family. Far from being a self-made man, he is a façade, a face behind which the imperial dirty-money specialists can operate out of the public eye. Soros displayed his character defects as a young man in Nazi-occupied Hungary, when, a Jew himself, he helped the fascists confiscate the estates of wealthy Jews. He moved to Britain in 19 to escape the Sovi- ets, and, during the early 190s, studied at the London School of Economics, where he was molded into an im- perial stooge, studying under Austrian-born Sir Karl Popper, author of The Open Society and Its Enemies. Ultimately, Soros named his major operation against Click here for Full Issue of EIR Volume 35, Number 36, September 12, 2008 © 2008 EIR News Service Inc. All Rights Reserved. Reproduction in whole or in part without permission strictly prohibited. 10 National EIR September 12, 2008 nation-states the Open Society Institute (there have been as many as 20 separate OSIs in different nations since the 1990s). After an apprenticeship at the City of London mer- chant bank Singer & Friedlander, Soros moved to the United States and became an arbitrager and analyst on Wall Street; he then spent a decade at Arnhold and S. Bleichroeder, where, in 199, he headed his first fund. Thus trained, he left Bleichroeder and created his own Quantum Fund, in 193. The timing of this move is indicative of the way So- ros’s career has been shaped by his controllers, as 193 was also the year of the first great oil hoax, and the cre- ation of the spot market in crude oil. The spot market was designed to allow financial speculation in oil prices, and resulted in huge amounts of “petrodollars” piling up in the banks of the City of London and other banking centers. A portion of those petrodollars, along with nar- codollars and other hot money, was directed into the coffers of Soros Fund Management. Soros’s big break came in 1992, when he bet heavily against the British pound and won, making a reported $1 billion when the pound fell and was taken out of the European Community’s Exchange Rate Mechanism (ERM). Soros was lionized as “the man who broke the Bank of England,” but the operation was actually run by the Bank of England, the Federal Reserve, and sev- eral big—and quite bankrupt—banks. The operation served the Brits by pulling the pound out of the ERM, and the profits from this market manipulation helped bail out the bankrupt banks. But most of all, his accounts fattened by over $1 billion, courtesy of the British, Soros promptly di- rected about $100 million of it to operations in Moscow, in December 1992, through the Soros Foun- dation and the Open Society Institute. From the Moscow base, working with Malloch Brown, Soros imposed the brutal “free market” economics that looted Russia. He parceled out tranches of $2 mil- lion, or $0 million in renewable loans, and grants to Macedonia and Bosnia, setting up the conditions for permanent ethnic wars and destabilizations. Ulti- mately, Soros was kicked out of Russia, Croatia, Be- larus, and other former East Bloc countries, for his dirty operations. page 2