Reuters Publishes Obituary for Still-Alive George Soros
April 23rd, 2013
In a nod to Mark Twain, rumors of George Soros’ death have been greatly exaggerated. Soros is an investor with near-unlimited wealth, who is best-known for investing his funds into anti-freedom advocacy groups of all kinds, ranging from pro-socialist or globalist initiatives around the world to conventional progressive think tanks in the United States. He was once accused of “breaking” the Bank of England by short-selling the pound and is routinely implicated in gold price manipulation schemes, including one allegedly connected to the recent gold price plunge.
Mashable is reporting that Reuters recently jumped the gun by publishing an obituary for George Soros, despite the fact that he is still very much alive. Some news outlets mistakenly carried the story, causing Soros’ representatives to issue a statement to the contrary. To make matters more awkward, the obituary was written in a tone critical of Soros. Let’s take a closer look.
George Soros’ Hobbies
It’s no secret that Soros is a fan of global socialism. He exists as one of the most paradoxical figures in human history, as he often decries capitalism, yet uses it more effectively than nearly anyone, both to raise staggering, unimaginable levels of wealth and to promote his own anti-capitalist causes. As such, he is widely reviled by proponents of the free market.
On the other hand, Soros is poorly-liked by many mainstream progressives as well, despite the fact that he invests in well-known progressive causes. His penchant for currency speculation may factor in to that. Said Paul Krugman of Soros, “Nobody who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is ‘Soroi’.”
The Reuters Obituary Was Written in a Tone Critical of Soros
Reuters has since taken down its preemptive obituary of George Soros. It was written in a highly-negative tone that would typically not be used in obituaries. Said the article, “George Soros, who died XXX at age XXX, was a predatory and hugely successful financier and investor, who argued paradoxically for years against the same sort of free-wheeling capitalism that made him billions.”
The article continued by pointing out some of Soros’ investments, characterizing them as starting points for financial crises. “He was known as ‘the man who broke the Bank of England’ for selling short the British pound in 1992 and helping force the United Kingdom to withdraw from the European Exchange Rate Mechanism, which devalued the pound and earned Soros more than $1bn (£650m). And his Soros Fund Management was widely blamed for helping trigger the Asian financial crisis of 1997, by selling short the Thai baht and Malaysian ringgit.”
It would seem that Reuters keeps boilerplate obituary articles on hand in case elderly celebrities pass away. A writer must have accidentally released the article prematurely, with awkward consequences. It would also seem that George Soros’ pursuit of global socialism has resulted in some serious image problems, given that Reuters was considering releasing a hit piece as an obituary.
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