Live data from Hacker News

Why I’m Investing $500M in Migrants

wsj.com

21–30 of 83 posts

Re: Why I’m Investing $500M in Migrants

#22
post #16
post #8

At the risk of sounding overly cynical, while it's great that Mr. Soros is donating this money to a worthy cause, I wonder if, as long as he's feeling charitable, he might also be willing to stop domiciling his investment vehicles in jurisdictions known for supporting tax evasion/avoidance. Perhaps with the increased tax revenue, governments could afford to better shoulder the costs of adequately integrating migrants…

He's not donating money to a worthy cause. He's investing money in immigrants, and betting against the host nation's currency. It's how he's made his fortune.

You're right, I should have said investing rather than donating, but seeing as there seems to be a moral consideration on his part, I hope the rest of my post is still appropriate.

Re: Why I’m Investing $500M in Migrants

#23
post #13
post #8

At the risk of sounding overly cynical, while it's great that Mr. Soros is donating this money to a worthy cause, I wonder if, as long as he's feeling charitable, he might also be willing to stop domiciling his investment vehicles in jurisdictions known for supporting tax evasion/avoidance. Perhaps with the increased tax revenue, governments could afford to better shoulder the costs of adequately integrating migrants…

If he wants it all to go to migrants, giving it to the government would almost be the worst possible way to ensure that will happen.

While you are correct, most governments would undoubtably find much less productive uses for this money than helping either their own citizens or migrants and refugees, I would still prefer that choice be left up to society and not the whims of a person who's investments vehicles are most likely engaged in rampant tax avoidance or even worse, outright tax evasion.

Re: Why I’m Investing $500M in Migrants

#24
post #8

At the risk of sounding overly cynical, while it's great that Mr. Soros is donating this money to a worthy cause, I wonder if, as long as he's feeling charitable, he might also be willing to stop domiciling his investment vehicles in jurisdictions known for supporting tax evasion/avoidance. Perhaps with the increased tax revenue, governments could afford to better shoulder the costs of adequately integrating migrants…

Maybe he believes that he can use the same money more effectively for causes that he cares more about.

My point is that there's nothing inconsistent in being charitable whilst trying to minimise the amount of tax you pay.

Re: Why I’m Investing $500M in Migrants

#25
post #3

http://www.zerohedge.com/news/2016-08-16/soros-hack-reveals-...

Reading that left me impressed with how thorough of a job Soros is doing to try to make the world a better place. As far as I can tell the article tries to make the point that the Soros foundation is trying to manipulate global policy. Which ... Yes. That's what these organizations do, and it's been essential to the process of developing good policy, over the last hundred years... There is absolutely nothing embarras…

Sure as hell isn't making it a better place for Germans or anyone else in targeted nations.

Re: Why I’m Investing $500M in Migrants

#26
post #18

Earlier quoted context omitted.

Clink on 'web' underneath the link and open the article through Google, that'll bypass the paywall.

Doesn't work for this article, Google shows only one hit and it's paywalled.

It worked for me (and that was after I clicked the direct link once and got the paywall, so presumably I'm cookied). Maybe try using the web link in private browsing mode?

Re: Why I’m Investing $500M in Migrants

#27

Soros is directly responsible for massive increases in rape in Germany and Sweden, as well as encouraging terrorism in the west with his compulsive promotion of immigration of unsuitable people. It's noticeable that he does not promote Syrian immigration to Israel, which is next door and has taken in zero refugees, and instead uses all of his resources to force Western countries to accept thousands of young unaccompa…

Is there a source for this? What you're saying is quite.. radical and unsubstantiated.

Also while a considerably debatable topic, refugees are going/intending to go more or less where they want. It's not that you can force countries like Israel to take them.

Re: Why I’m Investing $500M in Migrants

#28

Soros is directly responsible for massive increases in rape in Germany and Sweden, as well as encouraging terrorism in the west with his compulsive promotion of immigration of unsuitable people. It's noticeable that he does not promote Syrian immigration to Israel, which is next door and has taken in zero refugees, and instead uses all of his resources to force Western countries to accept thousands of young unaccompa…

>> Soros is directly responsible for massive increases in rape

No, he isn't. Your entire post is inflammatory, and makes unsubstantiated and lurid claims that contribute nothing to a debate about a deep and difficult international problem.

Re: Why I’m Investing $500M in Migrants

#29
This discussion if quickly being flooded with right-wing extremists. If you make a claim, please, provide a reputable source. If you see a claim being made without a source, do something for the intellectual health of this community and downvote.

Re: Why I’m Investing $500M in Migrants

#30
post #16
post #8

At the risk of sounding overly cynical, while it's great that Mr. Soros is donating this money to a worthy cause, I wonder if, as long as he's feeling charitable, he might also be willing to stop domiciling his investment vehicles in jurisdictions known for supporting tax evasion/avoidance. Perhaps with the increased tax revenue, governments could afford to better shoulder the costs of adequately integrating migrants…

He's not donating money to a worthy cause. He's investing money in immigrants, and betting against the host nation's currency. It's how he's made his fortune.

You're saying he's selling shorting the Euro? Because it's quite small for currency positions that he usually takes.

In his takes on currency, hes largely made fortunes from breaking pegged exchange rates. The Euro is free floating.

Post reply on HN