The most important developments seldom make it onto the front page of the newspaper. A prime example is the conference George Soros is convening on April 8 to reorganize the world’s financial structure. It is getting zero “mainstream media” publicity, of course. Media-watchdog group Media Resource Center is on top of it, though:
Two years ago, George Soros said he wanted to reorganize the entire global economic system. In two short weeks, he is going to start – and no one seems to have noticed.
On April 8, a group he’s funded with $50 million is holding a major economic conference and Soros’s goal for such an event is to “establish new international rules” and “reform the currency system.” It’s all according to a plan laid out in a Nov. 4, 2009, Soros op-ed calling for “a grand bargain that rearranges the entire financial order.”
The event is bringing together “more than 200 academic, business and government policy thought leaders” to repeat the famed 1944 Bretton Woods gathering that helped create the World Bank and International Monetary Fund. Soros wants a new “multilateral system,” or an economic system where America isn’t so dominant.
That last is no surprise coming from Soros, who infamously said, “The main obstacle to a stable and just world order is the United States.” Soros has also talked openly of his plans to take down the United States through the “managed decline” of the U.S. dollar.
In 2009, Soros founded the Institute for New Economic Thinking (INET), which is hosting the conference two weeks from now. The INET recently released a video, “The Need for a New Bretton Woods,” subtitled “How currency issues and tension between the US and China are renewing calls for a global financial overhaul.” In the video, INET board member Robert Skidelsky
called for a new agreement and said … that the conflict between the United States and China was “at the center of any monetary deal that may be struck, that needs to be struck.”
Soros described in the 2009 op-ed that [the] U.S.-China conflict [is] “another stark choice between two fundamentally different forms of organization: international capitalism and state capitalism.” He concluded that “a new multilateral system based on sounder principles must be invented.” As he explained it in 2010, “we need a global sheriff.”
In the 2000 version of his book “Open Society: Reforming Global Capitalism,” Soros wrote how the Bretton Woods institutions “failed spectacularly” during the economic crisis of the late 1990s. When he called for a new Bretton Woods in 2009, he wanted it to “reconstitute the International Monetary Fund,” and while he’s at it, restructure the United Nations, too, boosting China and other countries at our expense.
“Reorganizing the world order will need to extend beyond the financial system and involve the United Nations, especially membership of the Security Council,” he wrote. “That process needs to be initiated by the US, but China and other developing countries ought to participate as equals.”
Soros emphasized that point, that this needs to be a global solution, making America one among many. “The rising powers must be present at the creation of this new system in order to ensure that they will be active supporters.”
Of the 79 conference speakers listed at the INET website, 22 are on INET’s board and three are INET grantees. Another 19 speakers are contributors to Soros’ Project Syndicate, which calls itself “the world’s pre-eminent source of original op-ed commentaries” reaching “456 leading newspapers in 150 countries.” You may recall that Soros also recently donated $1.8 million to National Public Radio to hire political reporters who share his agenda.
Altogether, Soros funds more than 1,200 organizations worldwide, including MoveOn.org, the powerful Center for American Progress, and opinion-shapers MediaMatters and ThinkProgress. With all those media outlets in Soros’ hands, the INET conference could be getting non-stop media coverage if Soros wished. So why haven’t we heard more about it?
The Soros empire is silent about this new Bretton Woods conference because it isn’t just designed to change global economic rules. It also is designed to put America in its place – part of a multilateral world the way Soros wants it. He wrote that the U.S. “could lead a cooperative effort to involve both the developed and the developing world, thereby reestablishing American leadership in an acceptable form.” [emphasis added]
That’s what this conference is all about – changing the global economy and the United States to make them “acceptable” to George Soros.