Charges of bias leveled at PBS yesterday in this post here at Newsbusters about PBS's airing nationwide tonight of "Gold Futures," documentary regarding a proposed gold mine in Romania, are backed up today with new information revealed by John Fund in the Wall Street Journal.
"Gold Futures," by Hungarian filmmaker Tibor Kocsis, apparently is based on Kocsis' 2004-released documentary titled "New Eldorado," which had the subtitle "Gold. The Curse of Rosia Montana," and is clearly biased against the mining project.
Fund writes:
Tonight, PBS will air "Gold Futures," a film by Hungary's Tibor Kocsis. The film focuses on residents in Romania's Rosia Montana, a rural Transylvanian town, who are divided over the benefits of a proposed gold mine. It also features Gabriel Resources, the Canadian mining company trying to convince them to relocate so it can dig for a huge gold deposit estimated at 14.6 million ounces, worth almost $10 billion. PBS describes the film as a "David-and-Goliath story."
While the film gives time to supporters and opponents of the mine, it leaves unsaid that half of the villagers voicing opposition have now either sold their homes or will not have to move, because they live in a protected area where the village's historic structures and churches will be preserved. Viewers who see pristine shots of the Rosia valley won't realize the hills hide a huge, abandoned communist-era mine, leaking toxic heavy metals into local streams--or that while the modern mining project will level four hills to create an open pit, it will also clean up the old mess at no cost to the Romanian treasury.
The other side to the controversy is told in a new film that will never be shown on PBS, but is nonetheless rattling the environmental community. "Mine Your Own Business" is a documentary by Irish filmmakers Phelim McAleer and Ann McElhinney. They conclude that the biggest threat to the people of Rosia Montana "comes from upper-class Western environmentalism that seeks to keep them poor and unable to clean up the horrific pollution caused by Ceausescu's mining."
Mr. McAleer, a former Financial Times journalist who has followed the mine battle for seven years, says he "found that everything the environmentalists were saying about the project was misleading, exaggerated or quite simply false." He produced his film on a shoestring $230,000 budget largely provided by Gabriel Resources, but says he was given complete editorial control.
The Gabriel funding caused environmental groups to label the film "propaganda" and demand the National Geographic Society cancel plans to rent its Washington, D.C., theater to the free-market Moving Picture Institute for a screening. The Institute notes opponents rarely challenge the film's facts. As for Mr. Kocsis's documentary, his Flora Film corporate Web site lists as its partners Greenpeace, the Hungarian Ministry of Environment and the George Soros-backed Energy Club of Hungary, all of which oppose the Romanian project on either environmental or nationalistic grounds (Transylvania used to be part of Hungary).
High-profile mine opponents such as [Vanessa] Redgrave (who hasn't visited Rosia Montana), have declared undying opposition to the project: "Our planet is dying and we have no right to destroy an ecosystem." In April, Mr. Soros, the chairman of the Open Society Institute and a large funder of groups opposing Rosia Montana, wrote to Wayne Murdy, then CEO of Newmont Mining, the Denver company that owns 19% of Gabriel Resources. He urged him not to invest in "a dubious project such as Rosia Montana," citing "the social costs involved in involuntarily resettling hundreds of people" and "the potential for disastrous environmental impact." Mr. Soros did not respond to an interview request.
Opponents of the mine claim that Rosia Montana residents agree with their stance. "Local opposition to the mine is strong and organized" says a statement signed by 80 environmental groups in January. In his letter, Mr. Soros cites a recent poll organized by some members of Romania's parliament that "found 90% of respondents rejecting the project." But the poll turns out to be an unscientific Internet survey, and one of the environmental groups Mr. Soros funds urged people outside Romania to participate in it.
The Fund/WSJ article raises some serious questions that the press ought to be asking Soros, specifically, why is he working so hard and spending so much money supporting groups intent on stopping the mine, a project that is desperately needed in a town where, as Fund explains, unemployment tops 70 percent and three-quarters of the village's 600 families lack indoor toilets.
Is Soros driven by latent Hungarian nationalism to oppose the Romanian project? After all, Rosia Montana is located in Transylvania, which used to be part of Hungary. Or perhaps simple greed is the answer. Soros has at various times been heavily invested in gold mining. A few weeks ago he invested heavily in Freeport-McMoRan Copper & Gold Inc., a mining company, and Soros also owns a large stake in Canadian gold mining company Goldcorp, a competitor to Gabriel Resources, according to Marketwatch.
Perhaps Soros believes, not unreasonably, that the opening of a new mine bringing an additional $10 billion worth of gold to the market would put downward pressure on gold prices, negatively affecting the price of his gold mining stocks
It's worth asking though, as WSJ noted, Soros did not respond to an interview request.
It's also worth asking PBS to air Mine Your Own Business, a documentary presenting the opposite point of view, as a way of providing its audience a truly balanced look at the issue.
Update: Rosia Montana resident Gheorge Lucian, on his blog Report from Rosia, writes,
I understand that the television station PBS in US, will present a manipulated story on Rosia tonight. I invite you to tell them to show the other side of the story too. Go here to tell them to show Mine Your Own Business.
You can do that at this link.
—Bill Hobbs is author of Who Is Fred Thompson, a blog-centric look at the presidential candidate.














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You mean Soros uses monopolies lol
August 21, 2007 - 13:14 ET by Lame CherryThis is hillarious in PBS is caught using monopoly robber barons to further the economic rapists who further enrich themselves.
It is the old adage just like in Utah in Clinton shutting down the largest high grade coal reserves in the world. Miners die and the Indonesians make a fortune selling to China.
*HIC IACET ARTORIVS REX QVONDAM REXQVE FVTVRVS
Bill Hobbs... Thank you
August 21, 2007 - 13:27 ET by bigtimerBill Hobbs...
Thank you for the exposure to the real Soros...and PBS.
Excellent informative blog/post.
Btw...Where's sarc on this?
I posted
August 21, 2007 - 14:51 ET by sarcasmoOn the yesterday-thread about the fact that Soros owns Freeport MacMoran (large & polluting Indonesian gold/copper mine) stock. I also mentioned the politically-inconvenient historical fact that but for the UK government's failed attempts at currency manipulation, Mr. Soros would not now be hyper-wealthy.
JMR
Rally online with fans of Dr. Ron Paul.
Sure sarc, heaven forbid
August 21, 2007 - 15:11 ET by Jack BauerSure sarc, heaven forbid that a country should have some control over its own currency.
I assume you are referring to Black Wednesday in 1992? I think you may have things bass ackwards here.
I believe it was the billionaire SOROS who was involved in a huge enterprise aimed at manipulating the pound sterling. The Finance Minister (Norman Lamont if I recall my history), was a strict Milton Friedman monetarist and a colleague of the former PM Maggie Thatcher.
Soros was very rich before and he was even richer after. But he was still in the ranks of the hyper rich at all times.
Incidentally, you'd think some enterprising journo would be asking Britain's first female Prime Minister for her political opinions on Hillary Clinton.
As this intellectually brilliant woman is a real conservative with an absolute contempt for socialism, welfare stateism and big government... it won't be pretty
Did they???
August 21, 2007 - 15:14 ET by sarcasmoIt doesn't seem the UK had much control compared to Soros! And if he actually did illegally manipulate the Pound (only governments are allowed to do that!) then why didn't the UK ever prosecute him for it?? I don't think this man's wealth can credibly be blamed on Milton Friedman, or on his suggested policies...
JMR
Rally online with fans of Dr. Ron Paul.
sarc, you need to read up
August 21, 2007 - 15:22 ET by Jack Bauersarc, you need to read up on this. His primary role in almost breaking the Bank of England is well documented
Sounds like you're not up to your usual standard of knowledge on this one. Sorosy.
I followed the affair at the time
August 21, 2007 - 15:28 ET by sarcasmoGot either a specific critique or an actual link you'd like me to read??? Where and how am I wrong? I never said Soros DIDN'T have a "primary role in almost breaking the Bank of England" so I'm unsure of your point here...And I repeat, "why didn't the UK ever prosecute him??"
JMR
Rally online with fans of Dr. Ron Paul.
This is my last post on the
August 21, 2007 - 21:17 ET by Jack BauerThis is my last post on the topic.
You wrote something odd along the lines that it was the UK "maniputating" its own currency exchanges that made George Soros rich in 1992.
That is totally untrue. Is was GEORGE SOROS who manipulated the UK's currency to make himself richer than he already was.
This is all common knowledge. Is that clear enough for you?
No, Jack, not clear enough...
August 22, 2007 - 01:58 ET by sarcasmoGeorge Soros saw the UK's manipulation attempts as an opportunity, and took that opportunity for himself by placing a good bet against it and making, it's said, a billion dollars in a day. If you don't think the UK was trying to manipulate the value of the pound and simply failed in the face of Soros' good bet against it, then we're looking at 2 different histories, I guess. I still say Soros is rich due to a large and stupid UK government, not because he's some sort of criminal/manipulator.
The idea that only individuals can manipulate currencies is fascinating, though. Do all governments never do it, or did just the UK government not-do it this time so it's all George's fault for making a particularly good bet? And for the third time, if what Soros did was somehow wrong in the UK, then why wasn't he ever prosecuted? And if what you claim is "common knowledge," then how come no link?
JMR
Rally online with fans of Dr. Ron Paul.
Great story. PBS
August 21, 2007 - 14:41 ET by buddycGreat story.
PBS will show "Mine your own business" when pigs fly or when Soros tells them its ok.
Soros the puppetmaster
August 21, 2007 - 21:05 ET by RevolvrSoros really likes to manipulate things. Do people realise he's bought the entire Democratic Party? Vis-a-vis "The Shadow Party". His influence is like an infection - Invasion of the Party Snatcher. Who knows which Party members have been infected with the Soros Virus? This is why the Democrats have gone from liberal to far leftist over the last 10 years or so.
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Igitur qui desiderat pacem, praeparet bellum
George Soros 101
August 22, 2007 - 01:42 ET by BondPlainBondGeorge Soros | Media Matters | Richard Poe
Required Reading.