Being a billionaire certainly has its advantages. You can throw your money around and get what you want, and in the case of leftwing billionaire George Soros, what he wanted was a proposed gold mine killed that would have brought economic prosperity to an impoverished village in Romania. Soros, who has investments in rival gold mining companies, organized opposition to the project via his Open Society Institute in Romania, working hand-in-hand with several non-Romanian NGOs against the project.
If Soros was a rightwing billionaire, his efforts and intervention in this matter would no doubt be scrutinized by the American media and held up as an egregious example of capitalism run amok and of undue Western interference in the affairs of another country.
But Soros is a primary funder of the American Left, and as such his activities get little scrutiny from a politically sympathetic American media. That's a shame. Because the shutdown of Gabriel Resources' mining project in Rosia Montana, Romania, means an immediate loss of hundreds of jobs and a long-term loss of perhaps thousands of jobs created at the mine and spillover economic growth in the impoverished region.
It also means that the existing shuttered mine, an open pit of environmental waste that continues to befoul the region, will not be cleaned up any time soon.
The people of the Rosia Montana region have witnessed the execution of their economic future. The fingerprints of George Soros are all over the gun, but the American media looks the other way.
Good coverage at ResourceInvestor.com and Canada's National Journal.
Last April Soros wrote a private letter to the CEO of Newmont Mining, a company in which he holds a significant stake, and which owns a stake in Gabriel Resources, and urged the Newmont CEO to put pressure on Gabriel Resources to stop the Rosia project. You can see the letter in page 25 of this document.
The demise of the Rosia project has resulted in Gabriel's stock price plummeting. It's down 60 percent since September, and likely to drop further now that Gabriel has official stopped put the mine on hold.
Gabriel owns much of the land necessary for the Rosia project. Considering all of Soros' gold holdings around the world, that declining stock price means it has just become a lot more affordable for Soros to swoop in and take over the Rosia project.
For more on Soros and the Romanian gold mine project - and the liberal media that helped him advance his agenda - see these previous NewsBusters articles:
Mining Company Fights Back Against Soros Lies
—Bill Hobbs is author of Who Is Fred Thompson, a blog-centric look at the presidential candidate.














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George Soros is the
December 5, 2007 - 19:07 ET by Mean Gene Dr. LoveGeorge Soros is the real-life Ernst Stavro Blofeld.
"There are millions of people in Iraq who have sacrificed in the hope that the United States will finish its work here. We should never forget that." -- Lt. Gen. Raymond Odierno, Commander U.S. III Corps
The Doctor is right. It's
December 5, 2007 - 19:57 ET by Chris NormanThe Doctor is right.
It's time to send in Bond to stop Soros' nefarious deeds. It really does read like a 007 script. Currency manipulation, gold mines, political funds, etc. Too bad the movie industry is so liebral and poltically correct. We'd have a great Bond movie.
Almost a Bond Movie
December 6, 2007 - 10:55 ET by aphranerWhile it may not be a Bond movie there is one out there that exposes this dark side of environmentalism.
Mine Your Own Business is a film produced by New Bera Media in association with the Moving Picture Institute. It talks to some of the world’s poorest people about how western environmentalists are campaigning to keep them in poverty because they think their way of life is quaint. It is the first documentary to ask hard questions of the environmental movement.
Check out it out at www.supportmyob.com.
Montgomery Soros... Smithers
December 5, 2007 - 20:46 ET by Jack BauerMontgomery Soros... Smithers release the smearhounds, and get me some peasants blood.
while I agree with what you've said...
December 5, 2007 - 19:37 ET by sarcasmoI'd add Mr. Soros may have effectively had more than a bit of big-government help the news media largely wants to ignore with the price of gold during these dealings...
No deep dark conspiracy is needed for this to be true, either. Mr. Soros simply uses information about government behavior (which in this case seems to pre-date the current President) and then he makes winning bets. I just wish the "mainstream" news media would do a more-complete job.
JMR
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George Soros Economic Rapist
December 5, 2007 - 20:15 ET by Lame CherryNo one in comments yet has built upon what I posted on this subject months ago. Soros in winning this is not stopping the mining. What he has accomplished for his cartel partners with the Putin Bolsheviks is a delay where they will now plunder this region, use people as slave labor and bring it ruin.
This is not going to happen soon, but will wait for the reconquering of Eastern Europe as Putin gains oil leverage and with the cartel starts implanting overt communists into office. Think of it as a Chavezation of Venezuela.
The posters above who do not think this is a conspiracy have not researched the contact depth of Soros to the cartel and the Russian communists. He is a sort of Warren Buffet, Armand Hammer of the Slavic states and was allowed to prosper for the purpose of funneling money to the leftists of the west.
The simple fact is Soros made a run on the British Pound which raped the British economy during the Reagan and Thatcher years. If one notices Bob Vesco and Marc Rich........when they pulled such criminal activities they were soon under prosecution.........others ended up dead. Soros is instead mounting operations as much as Kissinger in East Timor for their gold reserves for the Rockefellers.
Soros is connected. I still advocate though his arrest for crimes against humanity and upon conviction his execution.
*HIC IACET ARTORIVS REX QVONDAM REXQVE FVTVRVS
Someone of importance
December 6, 2007 - 05:26 ET by AlgerHissSomeone of importance really needs to compare the lives of two people: The title of the piece ought to be something like "Two Men from Hungary: Balint and George".
Balint Vazsonyi and George Soros had quite similar backgrounds, yet ended up on such opposite ends of humanity. Both grew up under the Nazis, then the Communists. Yet only one saw evil.
One now hates freedom and the United States, while the other loved the US more than most of us. It is a shame Balint died a few years ago. He was a real American and a national treasure.
Read Balint here.
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