company name | Reuters |
---|---|
company logo | |
company type | Subsidiary |
foundation | October 1851 |
location | London, United Kingdom |
industry | News agency |
owner | Thomson Reuters |
homepage | www.reuters.com |
footnotes | }} |
Reuters () is a global news agency headquartered in London, United Kingdom owned by Thomson Reuters.
Until 2008 the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the merger between Reuters Group and The Thomson Corporation the Reuters news agency has been a subsidiary of Thomson Reuters, forming part of its Markets Division.
In 1851, Reuter moved to London. After failures in 1847 and 1850, attempts by the Submarine Telegraph Company to lay an undersea telegraph cable across the English Channel, from Dover to Calais, promised success. Reuter set up his "Submarine Telegraph" office in October 1851 just before the opening of that undersea cable in November, and he negotiated a contract with the London Stock Exchange to provide stock prices from exchanges in continental Europe in return for access to the London prices, which he then supplied to stockbrokers in Paris. In 1865, Reuter's private firm was restructured, and it became a limited company (a corporation) called the Reuter's Telegram Company. Reuter had been naturalised as a British subject in 1857.
Reuter's agency built a reputation in Europe for being the first to report news scoops from abroad, such as Abraham Lincoln’s assassination. Almost every major news outlet in the world now subscribes to Reuters' services, which operates in over 200 cities in 94 countries in about 20 languages.
The last surviving member of the Reuters family founders, Marguerite, Baroness de Reuter, died at age 96 on 25 January 2009, after having suffered a series of strokes.
|}
The 20 September 2004 edition of ''The New York Times'' reported that the Reuters Global Managing Editor, David A. Schlesinger, objected to Canadian newspapers' editing of Reuters articles by inserting the word ''terrorist'', stating that "my goal is to protect our reporters and protect our editorial integrity".
However, when reporting the 7 July 2005 London bombings, the service reported, "Police said they suspected terrorists were behind the bombings." This line appeared to break with their previous policy and was also criticised. Reuters later clarified by pointing out they include the word "when we are quoting someone directly or in indirect speech," and the headline was an example of the latter. The news organisation has subsequently used "terrorist" without quotations when the article clarifies that it is someone else's words.
In 2010, Reuters was criticised again for anti-Israeli bias when it cropped out activists' knives and a naval commando's blood from photographs taken aboard the ''Mavi Marmara'' during the Gaza flotilla raid. In two separate photographs, knives held by the activists were edited out of the versions of the pictures published by Reuters. The live arms wielded by the Israeli forces who had boarded the ship were not cropped out.
Category:Companies established in 1851 Category:Companies formerly listed on the London Stock Exchange Category:Financial data vendors Category:Financial software companies Category:Media companies based in London Category:Multilingual news services Category:News agencies based in the United Kingdom Category:Financial news agencies Category:New Zealand House of Representatives accredited news organisations Category:1851 establishments in the United Kingdom
ar:رويترز bn:রয়টার্স be-x-old:Reuters bg:Ройтерс ca:Reuters cs:Reuters cy:Reuters da:Reuters de:Reuters el:Reuters es:Reuters eo:Reuters eu:Reuters fa:رویترز fr:Reuters ko:로이터 hi:रॉयटर्स id:Reuters it:Reuters he:רויטרס ka:Reuters kk:Рейтер ku:Reuters lt:Reuters hu:Reuters mk:Ројтерс ml:റോയ്റ്റേഴ്സ് ms:Reuters nl:Reuters ja:ロイター no:Reuters pl:Agencja Reutera pt:Reuters ro:Reuters ru:Рейтер simple:Reuters sr:Ројтерс sh:Reuters fi:Reuters sv:Reuters ta:ராய்ட்டர்ஸ் th:รอยเตอร์ส tr:Reuters uk:Рейтер vi:Reuters yi:רויטערס zh-yue:路透社 zh:路透社This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
name | Reid Hoffman |
---|---|
birth place | Stanford, California, USA |
ethnicity | Jewish |
alma mater | Stanford UniversityOxford University |
occupation | Entrepreneur and investor |
known for | Executive VP of PayPalFounder of LinkedIn |
spouse | Michelle Yee |
children | None as of 2008 |
Networth | $1.8 billion }} |
Reid G. Hoffman (born August 5, 1967) is an American entrepreneur and venture capitalist.
Hoffman is best known as the co-founder of LinkedIn, a social network used primarily for business connections and job searching.
Hoffman says he saw academia as an opportunity to make an "impact", but later realized that an entrepreneurial career would provide him with a bigger platform. "When I graduated from Stanford my plan was to become a professor and public intellectual. That is not about quoting Kant. It's about holding up a lens to society and asking 'who are we?' and 'who should we be, as individuals and a society?' But I realised academics write books that 50 or 60 people read and I wanted more impact."
So Hoffman pursued a career in business and entrepreneurship. After working at Apple Computer and Fujitsu in product management, Hoffman co-founded his first company, SocialNet.com, an online dating service.
Category:PayPal people Category:IronPort people Category:1967 births Category:American Jews Category:Living people Category:American computer businesspeople Category:Marshall Scholars Category:Stanford University alumni Category:Alumni of the University of Oxford Category:Angel investors Category:Apple employees
ca:Reid HoffmanThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
birthname | Richard John Santorum |
---|---|
jr/sr | United States Senator |
state | Pennsylvania |
party | Republican |
term | January 3, 1995 – January 3, 2007 |
preceded | Harris Wofford |
succeeded | Bob Casey, Jr. |
state2 | Pennsylvania |
district2 | 18th |
term2 | January 3, 1991 – January 3, 1995 |
preceded2 | Doug Walgren |
succeeded2 | Mike Doyle |
birth date | May 10, 1958 |
birth place | Winchester, Virginia |
dead | alive |
occupation | Attorney, politician |
residence | Penn Hills, Pennsylvania |
law school | Dickinson School of Law, 1986 |
spouse | Karen Garver Santorum |
alma mater | Pennsylvania State University University of Pittsburgh Dickinson School of Law |
religion | Christian (Roman Catholic) |
footnotes | }} |
Richard John "Rick" Santorum (born May 10, 1958) is a lawyer and a former United States Senator from the commonwealth of Pennsylvania. Santorum is a member of the Republican Party and was the chairman of the Senate Republican Conference.
Santorum is considered both a social and fiscal conservative. He is known for his stances on the U.S. invasion of Iraq, Social Security, intelligent design, homosexuality, and the Terri Schiavo case.
In March 2007, Santorum joined the law firm Eckert Seamans Cherin & Mellott, LLC. He was to primarily practice law in the firm’s Pittsburgh and Washington, D.C., offices, where he was to provide business and strategic counseling services to the firm's clients. In addition to his work with the firm, Santorum also serves as a Senior Fellow with the Ethics and Public Policy Center in Washington, D.C., and was a contributor to Fox News Channel.
Santorum is a candidate for president of the United States in the 2012 election. He formed a presidential exploratory committee on April 13, 2011, and formally announced his candidacy on June 6.
Both of Santorum's parents worked at the Veterans’ Administration (VA) Hospital in Butler, and the family lived on the VA hospital post. His father became licensed as a psychologist in August 1974. He attended schools in the Butler Area School District, where he gained the nickname “Rooster”, allegedly because he "always had a few errant hairs on the back of his head that refused to stay down", and he was "noisy, showy, dogged and determined like a rooster and never backed down".
Santorum graduated from Carmel High School in Mundelein, Illinois, in 1976, where his father transferred within the VA hospital system. He lists his residency as Penn Hills, Pennsylvania, and maintains a home in Leesburg, Virginia, for his work in Washington, D.C.
Santorum earned a Bachelor of Arts degree, having majored in Political Science, from The Pennsylvania State University in 1980, and a Master of Business Administration degree from the University of Pittsburgh in 1981. He is a member of Tau Epsilon Phi fraternity.
In 1986, Santorum earned a Juris Doctor (J.D.) from the Dickinson School of Law, was admitted to the Pennsylvania bar, and began practicing law in Pittsburgh. While working at the law firm of Kirkpatrick & Lockhart, he represented the World Wrestling Federation, arguing that professional wrestling should be exempt from federal anabolic steroid regulations because it was not a sport. Santorum left private practice after first being elected to the House in November 1990.
Karen Santorum wrote a book about the experience: ''Letters to Gabriel: The True Story of Gabriel Michael Santorum''. In it, she writes that the couple brought the deceased infant home from the hospital and introduced the dead child to their living children as "your brother Gabriel" and slept with the body overnight before returning it to the hospital. The anecdote was also written about by Michael Sokolove in a 2005 ''New York Times Magazine'' story on Santorum. Karen is also the author of a book on etiquette for children.
Santorum and his family usually attend Latin Mass at Saint Catherine of Siena Church, near Washington, D.C. On November 12, 2004, Santorum and his wife were invested as Knight and Dame of Magistral Grace of the Knights of Malta in a ceremony at St. Patrick's Cathedral, New York.
After earning his Juris Doctor, Santorum became an administrative assistant to Republican State Senator Doyle Corman (until 1986). He was director of the Pennsylvanian Senate's local government committee from 1981 to 1984, then director of the Pennsylvanian Senate's Transportation Committee until 1986.
In 1990, at age 32, Santorum was elected to the U.S. House of Representatives from Pennsylvania's 18th District, located in the eastern suburbs of Pittsburgh. He scored a significant upset, defeating a seven-term Democratic incumbent, Doug Walgren. Although the 18th was heavily Democratic, Santorum attacked Walgren for living outside the district for most of the year. He was re-elected in 1992, in part because the district lost its share of Pittsburgh as a result of redistricting. In Congress, as a member of the Gang of Seven, Santorum worked to expose congressional corruption by naming the guilty parties in the House banking scandal.
In 1994, at the age of 36, Santorum was elected to the U.S. Senate, defeating the incumbent Democrat, Harris Wofford, who was 32 years older. The theme of Santorum's 1994 campaign signs was "Join the Fight!" Santorum was re-elected in 2000 defeating Congressman Ron Klink by a 52.4% to 45.5% margin.
In 1996 he endorsed Arlen Specter for president.
In a 2002 PoliticsPA feature story designating politicians with yearbook superlatives, he was named the "Most Ambitious".
As chairman of the Senate Republican Conference, Santorum directed the communications operations of Senate Republicans and was a frequent party spokesperson. He was the youngest member of the Senate leadership and the first Pennsylvanian to hold such a prominent position since Senator Hugh Scott was Republican leader in the 1970s. In addition, Santorum served on the Senate Agriculture Committee; the Senate Committee on Banking, Housing and Urban Affairs; the Senate Special Committee on Aging; and the Senate Finance Committee, of which he was the chairman of the Subcommittee on Social Security and Family Policy.
In January 2005, Santorum announced his intention to run for United States Senate Republican Whip, the second-highest post in the Republican caucus after the 2006 election. The move came because it was presumed the incumbent whip, Mitch McConnell of Kentucky, was viewed as having the inside track to succeeding Bill Frist of Tennessee as Senate Republican leader.
During the lame-duck session of the 109th Congress, Santorum was one of only two senators who voted against Robert Gates to become Secretary of Defense. He opposed Gates' advocacy of engaging Iran and Syria to solve the problem, saying that talking to "radical Islam" would be an error.
During his third term re-election campaign for his Senate seat against Bob Casey, Jr., Santorum introduced the term "Islamic fascism", while questioning "his opponent's ability to make the right decisions on national security at a time when 'our enemies are fully committed to our destruction.'"
Santorum sat at the Senate's candy desk for ten years and kept it stocked with Hershey’s chocolates, Peanut Chews and Hot Tamales.
Santorum was defeated 59% to 41% in the 2006 U.S. Senate election by Democratic candidate Bob Casey, Jr. This was the largest margin of defeat for an incumbent Senator since 1980.
In September 2005, Santorum gave a speech that outlined the successes and failures—but more centrally the future—of conservatism, at the Heritage Foundation's First International Conservative Conference on Social Justice. In November 2005, he adapted his speech into an op-ed piece for the political website Townhall.com outlining his vision for "Compassionate Conservatism".
The Associated Press reported that on July 20, 2006, Santorum stated that "Islamic fascism rooted in Iran is behind much of the world's conflict, but he is opposed to military action against the country", in a speech where he "also defended the treatment of prisoners in Guantanamo Bay." The senator indicated that "effective action against Iran" would require America's fighting "for a strong Lebanon, a strong Israel, and a strong Iraq."
On September 7, 2006, Santorum outlined his views on foreign policy in an op-ed piece for the ''Pittsburgh Post-Gazette'' and discussed Islamic fascism, closing with a rally cry:
Santorum has referred to his grandfather's historical encounter with Italian fascism as an inspiration for his 2012 presidential campaign.
Santorum has been active in addressing the issues of welfare reform and government accountability. He is a self-described conservative who favors restricting or prohibiting abortion. Santorum has said he is personally against abortion and has expressed disapproval of homosexuality, issues that he believes should be decided by elected officials rather than the Supreme Court: “what I’d like to do is have these kinds of incredibly important moral issues be decided by the American public, not by nine unelected, unaccountable judges.”
Though not included in the final version of the Act made law, the language from the amendment was included in a report attached to the Act known as the Conference Report. The Discovery Institute and many intelligent design proponents, including two Ohio Congressmen, have repeatedly invoked this to suggest that intelligent design should be included in public school science standards as an alternative to evolution.
In a 2002 ''Washington Times'' op-ed article Santorum wrote that intelligent design "is a legitimate scientific theory that should be taught in science classes." By 2005 Santorum had adopted the Discovery Institute's Teach the Controversy approach, stating in an interview with National Public Radio "I'm not comfortable with intelligent design being taught in the science classroom. What we should be teaching are the problems and holes, and I think there are legitimate problems and holes in the theory of evolution", a statement which mirrors the Teach the Controversy strategy, the most recent iteration of the intelligent design movement. The day after the ''Kitzmiller v. Dover Area School District'' decision that intelligent design is not science and is essentially religious in nature came down, Santorum announced that he was resigning from the advisory board of the Thomas More Law Center which had defended the Dover school board. Most recently Santorum wrote the foreword for the March 2006 book, ''Darwin's Nemesis: Phillip Johnson And the Intelligent Design Movement'' a collection of essays largely by Discovery Institute fellows honoring the "father" of the intelligent design movement, Phillip E. Johnson.
On April 14, 2005, Santorum introduced the National Weather Service Duties Act of 2005 to "clarify the duties and responsibilities of the National Oceanic and Atmospheric Administration and the National Weather Service (NWS), and for other purposes". This legislation, if enacted, would prohibit the NWS from publishing weather data to the public when private-sector entities, such as AccuWeather, a company based in Santorum's home state, perform the same function commercially. Accuweather employees have contributed at least $5500 to Santorum since 1999, according to the Federal Election Commission.
Opponents of this bill contend that weather data is collected at taxpayer expense, and therefore it should be made freely available to the public, and not provided solely to private corporations that will charge fees for access. They also claim that the vague language in the bill is an attempt to prevent the NWS from issuing free forecasts because such functions are currently provided by the private sector and would be considered competition.
The bill was never enacted or voted upon, dying in committee.
When questioned for his remarks, Santorum stated that they were intended not to equate homosexuality with incest and pedophilia, but rather as a critique of the specific legal position that the right to privacy prevents the government from regulating consensual acts among adults (such as bigamy, incest, etc.).
In protest of the remarks, syndicated columnist Dan Savage launched a contest among his readers in May 2003 to coin a new word "santorum" with an unflattering sexual definition, and followed this with a Google bombing campaign to spread the new term. Since 2004, Savage's Google bomb has regularly been the top search result for Santorum's surname, leading to what commentators have dubbed "Santorum's Google problem". Santorum has characterized the campaign as a "type of vulgarity" common on the Internet.
During the presidential debate held August 11, 2011, in Ames, Iowa, Santorum stated that the Iranian regime "tramples the rights of gays", suggesting that he opposes bias against gays as part of his general support for past U.S.-backed intervention in domestic Iranian politics.
These comments came to wider attention through an opinion column in the ''Philadelphia Daily News'' on June 24, 2005. Columnist John Baer cited Santorum's article, stating, "I'd remind you this is the same Senate leader who recently likened Democrats fighting to save the filibuster to Nazis."
Santorum's remarks were criticized, especially in Massachusetts. On July 12, 2005, ''Boston Globe'' columnist Brian McGrory called on Santorum to explain his statement, and reported that Robert Traynham, Santorum's Director of Communications, told him "It's an open secret that you have Harvard University and MIT that tend to tilt to the left in terms of academic biases. I think that's what the senator was speaking to." Julie Teer, a spokeswoman for Governor of Massachusetts, Republican Mitt Romney, said "What happened with the church sex abuse scandal was a tragedy, but it had nothing to do with geography or the culture of Boston."
Later that day, Senator Ted Kennedy (D-Massachusetts) delivered a personal rebuke to Santorum on the Senate floor, saying "The people of Boston are to blame for the clergy sexual abuse? That is an irresponsible, insensitive and inexcusable thing to say." Santorum has stood by his 2002 article and has not apologized.
On July 21, 2005, Rush Limbaugh interviewed Santorum about Kennedy's speech. Santorum said that he was being targeted by the Democratic Senatorial Campaign Committee, which, he said, coordinated with the media to publicize Kennedy's speech. He argued that his statement about Boston was taken out of context from an article he had written three years earlier. Santorum agreed with Limbaugh's summary that it was "no surprise that the center of the Catholic Church abuse took place in very liberal, or perhaps the nation's most liberal area, Boston." Santorum reiterated his broader theme of a cultural connection, saying that it is "no surprise that the culture affects people's behavior. [...] the liberal culture—the idea that [...] sexual inhibitions should be put aside and people should be able to do whatever they want to do, has an impact on people and how they behave." When asked why Boston specifically was mentioned, Santorum pointed out that, in July 2002, the outrage of American Catholics, as well as his own, was focused on the Archdiocese of Boston.
The campaign of Bob Casey, Jr., his Democratic opponent for the Senate, criticized Santorum's remarks.
On September 6, in a follow-up interview with WTAE, Santorum said,
On September 8, during an interview with public-radio station WITF-FM, in Harrisburg, Pennsylvania, Santorum said
Santorum was the sponsor of legislation proposed to ''prevent'' the National Weather Service from issuing those warnings, thus competing with private-sector weather services, as discussed above.
Santorum added a synthetic-fuel tax-credit amendment to a larger bill introduced in the Senate by Charles Grassley, the Iowa Republican who headed the Senate Finance Committee. ''Time Magazine'' called this tax-credit scheme "a multibillion-dollar scam." The amendment was inserted in the Tax Relief Act of 2006, which provides aid for Hurricane Katrina victims and sets new policies for tax-exempt groups.
At the time the issue arose, Santorum's five older children attended the Western Pennsylvania Cyber Charter School, with 80 percent of tuition costs paid by the Penn Hills School District. At a meeting in November 2004, the Penn Hills School District announced that it did not believe Santorum met the qualifications for residency status, because he and his family spent most of the year in Virginia. They demanded repayment of tuition costs totaling $67,000.
When news reports showed Sen. Santorum was renting his Penn Hills home, Santorum withdrew his five children from the cyber education program that Penn Hills School District paid for. That saved Penn Hills taxpayers about $38,000 a year. Although Santorum said he would make other arrangements for his children's education, he insisted that he did not owe the school board any back tuition. Once the controversy surfaced, the children were withdrawn from the cyber school and were then home schooled.
On July 8, 2005, a Pennsylvania state hearing officer had ruled that the Penn Hills School District had not filed objections to Santorum's residency in a timely manner and dismissed the complaint. Santorum hailed the ruling as a victory against what he termed "baseless and politically motivated charges". Santorum told reporters that "[n]o one's children—and especially not small, school-age children—should be used as pawns in the 'politics of personal destruction.'" In the 2006 senate campaign, Santorum ran television commercials with Santorum's son saying "My dad's opponents have criticized him for moving us to Washington so we could be with him more."
In September 2006, the Pennsylvania Department of Education agreed to pay the district $55,000 to settle the dispute over money withheld from the district to pay for the children of U.S. Senator Rick Santorum to attend a cyber charter school.
The matter rose again in May 2006. Santorum has said that his family stays during holidays and at times on weekends at the Penn Hills house. But the ''Progress'' reported in May that the house appeared unoccupied, and Casey's campaign noted that in a press release. Santorum then accused Casey's campaign of supporting trespassing on his property, saying of Casey "Now that he is a nominee, it is time for him to start acting like a candidate instead of a thug." Casey, in a statement, called the charges "false and malicious." His campaign, in a news release, described Santorum's actions as "weirdness".
In September 2006, Santorum formally asked that the county remove the homestead tax exemption from his Penn Hills residence. He said that he had made similar requests to county officials in conversations in 2005 and earlier in 2006, but to no avail. In his letter, Santorum insisted that he was entitled to the exemption, which is worth about $70 annually, but chose not to take advantage of it because of the political dispute. While homeowners in the county are eligible for a tax savings averaging $70 a year on their primary residences, the county council president noted that Santorum had "said during a televised debate that he spends about 30 days in his Penn Hills house each year.".
Allegheny County Election Office records indicate that, while a registered voter in the county, Santorum had since 1995 voted absentee.
The only way for Santorum to not pay for his children's private education was to enroll them in the Penn Hills School District. Virginia state law only requires local school districts to pay for private school tuition fee when a student has disabilities and enrolls in a school that can satisfy his or her needs, according to Charles Pyle, Virginia Department of Education spokesman. Otherwise, children in Virginia must attend their local public schools.
Santorum's supporters have said that the controversy is politically motivated because the school board is controlled by Democrats (Erin Vecchio, the school board member who first publicly raised the issue, is the chair of the local Democratic Party). They also have said that since Santorum votes in Penn Hills and pays property and school taxes there, he is entitled to the same privileges as any other Penn Hills resident and should not be deprived of these privileges as a result of his service in the U.S. Senate. Non-residency issues have raised questions of hypocrisy, in that Santorum had previously castigated Representative Doug Walgren for moving away from his district.
Santorum's declaration was based, in part, on declassified portions of a classified report from the National Ground Intelligence Center of the U.S. Army Intelligence and Security Command. Portions were declassified in a summary that made six key points:
In 1996, as a U.S. senator, Santorum served as Chairman of the Republican Party Task Force on Welfare Reform.. The legislation that became the Welfare Reform Act of 1996 written by Florida congressman E. Clay Shaw, Jr., passed with overwhelming bipartisan support and was signed into law by President Bill Clinton.
Though not a named author of the special Schiavo legislation, Santorum played a key role in shepherding the bill through the Senate to a vote on March 20, 2005. Santorum has frequently stated that he does not believe a "right to privacy" exists under the Constitution, even within marriage; he has been especially critical of the Supreme Court decision in ''Griswold v. Connecticut'' (1965), which held that the Constitution guaranteed the aforementioned right, and on that basis, overturned a law prohibiting the sale and use of contraceptives.
Santorum is also a supporter of partial privatization of Social Security. Since the 2004 presidential election, Santorum has held forums across Pennsylvania on the topic.
In 2005, Santorum sponsored the Iran Freedom and Support Act, which appropriated $10 million aimed at regime change in Iran. The Act passed with overwhelming support. However, Santorum nevertheless voted against the Lautenberg amendment which would have closed the loophole which allows companies like Halliburton to do business with Iran through their foreign affiliates.
In reference to the Iraq war in 2006, Santorum drew an analogy with ''The Lord of the Rings'' in one of his addresses:
Santorum informed senator John Ensign that Ensign's affair with a staff member was about to become publicly known.
Republican strategists took as a bad omen Santorum's primary result in 2006, in which he ran unopposed for the Republican nomination. Republican gubernatorial nominee Lynn Swann, also unopposed, garnered 22,000 more votes statewide than Santorum in the primary, meaning thousands of Republican voters abstained from endorsing Santorum for another Senate term. This may have been partly due to Santorum's support for Arlen Specter, over Congressman Pat Toomey in the 2004 Republican primary for the U.S. Senate. Even though Santorum is only slightly less conservative than Toomey, he joined virtually all of the state and national Republican establishment in supporting the moderate Specter. This led many socially and fiscally conservative Republicans to consider Santorum's support of Specter to be a betrayal of their cause.
On May 22, 2006, the polling firm Rasmussen Reports declared that Santorum was the "most vulnerable incumbent" among the Senators running for re-election. However, in August 2006, polling showed Santorum with his highest approval rating in months, 48 percent, a twelve-point jump between July and August. Nearly as many Pennsylvanians, 45 percent, said they had an unfavorable view of the Senator.
For most of the campaign, Santorum was behind by 15 points or more. Most polls during the summer of 2006 showed the race between Casey and Santorum becoming increasingly competitive, but a poll released by Quinnipiac University on September 26 showed Casey's margin ballooning back to a double-digit lead.
One day before the Quinnipiac poll was released, a Pennsylvania state judge ruled against a potential third-party candidate, Carl Romanelli of the Green Party. Romanelli fell about 8,900 petition signatures shy of the threshold needed to be placed on the statewide ballot in November. On October 4, 2006, the Pennsylvania State Supreme Court also rejected Romanelli's legal challenge. This was a potential blow to the Santorum campaign, as Romanelli was expected to siphon off some Casey voters.
There is also some question as to whether Romanelli and Pennsylvania's Green Party violated federal election laws when they accepted tens of thousands of dollars in donations from people also backing Santorum's campaign.
Santorum found himself mired in controversy over his residency. For many years, he has maintained a modest home in Penn Hills, a suburb of Pittsburgh, which he claims as his official residence. However, his family lived in the Virginia suburbs of Washington when the Senate was in session. Since this meant Santorum spent most of the year away from Pennsylvania, critics argued it was not unlike the living arrangements he denounced in his 1990 House race against Walgren. Santorum accused Walgren of being out of touch with his Pittsburgh-area district, symbolized by his home in the Virginia suburbs. On NBC's Meet the Press on September 3, 2006, Santorum admitted that he only spends "maybe a month a year, something like that" at his Pennsylvania residence.
Santorum also drew criticism for enrolling five of his six children in an online "cyber school" in Pennsylvania's Allegheny County (home to Pittsburgh and most of its suburbs), despite the fact the children lived in Virginia. The Penn Hills School District was billed $73,000 in tuition for the cyber classes.
At least one of Santorum's television ads called into question his campaign's use of the facts regarding Casey and persons who have donated money to the Casey campaign. According to the ad, some of the persons who have given Casey money are or have been under investigation for various crimes. An editorial in Casey's hometown newspaper, ''The Scranton Times-Tribune'', points out that all but one of the contributions "[was] made to Casey campaigns when he was running for other offices, at which time none of the contributors were known to be under investigation for anything." In fact, two of the persons cited in the Santorum campaign ad had actually given contributions to Mr. Santorum's 2006 Senate campaign. Another died in 2004. However, the Santorum campaign pointed out that the money the Santorum campaign received from those donors was not kept by the campaign, but rather donated to educational institutions.
A heated debate between the candidates occurred on October 11, 2006. There, according to coverage by ''Pittsburgh Post-Gazette'', the candidates appeared "less statesmanlike than either Gov. Ed Rendell or challenger Lynn Swann, who had debated each other in Pittsburgh the [previous] week".
In late October, during the Lebanon County Republican Committee’s annual dinner at the Lantern Lodge, Santorum said "If we are not successful here and things don’t go right in the election, there’s a good chance that the course of our country could change." "We are in the equivalent of the late 1930s, and this election will decide whether we are going to continue to appease or whether we will stand and fight while we have a chance to win without devastating consequences."
Santorum on August 28 gave a speech to Pennsylvania media at the Pennsylvania Press Club luncheon in Harrisburg (which he earlier gave to the National Club) claiming that terrorist attacks on America by "radical Islamists" were part of a more than three-century-old plot to restore Shia clerics to power and bring "the 12th Imam" out of hiding. He said, according to the online news service, Capitolwire: “They believe, as all Shias do, in the Hidden Imam, the 12th Imam," the 12th descendant in a straight line from Mohammed the Prophet, who disappeared in 874, at the age of 5. “The Shia believe that he is the Messiah and he is in hiding and that he will return. … They believe … he will return with radical Islam, when Shia dominates the world. Well, for over 1,000 years, ... the East and West fought, up until 1683 ... In 1683, not that long ago, the Islamists had surrounded the gates of Vienna and were on the verge of toppling it after a siege; ... but the West united, and led by the Poles, [King] John Sobieski and the Polish Hussars defeated [the Arab forces] in a one-day battle on the plains outside Vienna. “What was the high-water mark of this 1,000-year war? It was the day before. What was the date the day before? Sept. 11, 1683.”
This speech eventually led to Santorum launching a tour called "The Gathering Storm," comparing himself to the British Prime Minister Winston Churchill, who alerted his nation and the world to the Nazi menace in the 1930s, and then fought with America, Russia and others to defeat the Germans, Italians and Japan in World War II in the 1940s. The Associated Press' Jennifer Yates wrote on Oct. 27 that Santorum said: "This is a moment, a critical crossroads in American history," as she noted that "Santorum, who invoked Winston Churchill's memoir – "The Gathering Storm" – about the causes of World War II" then told her and audiences: "The parallel is so profound."
Days before, Yates reported, Santorum said: Casey's election and that of other Democrats trying to take over the U.S. House and Senate would be "a disaster for the future of the world."
On the Sunday before the election, Casey responded to the comment, telling Capitolwire: "Who runs a campaign like that? No one believes terrorists are going to be more likely to attack us, because I defeat Rick Santorum. Does even he believe that?"
Santorum wrote that many women have disclosed to him that it is more "socially affirming to work outside the home than to give up their careers to take care of their children.... What happened in America so that mothers and fathers who leave their children in the care of someone else – or worse yet, home alone after school between three and six in the afternoon – find themselves more affirmed by society? Here, we can thank the influence of radical feminism." Polls showed many female voters resented this description of why they worked, especially Republican and independent women whose abandonment of Santorum doomed his campaign, reported the online news service Capitolwire, based in Harrisburg. In a question-and-answer session on Aug. 28 at the Pennsylvania speech, Santorum tried again to address the issue and said his problem was that federal taxes now consumed 27 percent of family wages, and the second wage earner in most families made only 25 percent of the first's wages.
“First, I would say, read the book and I think if you read the book, you can answer the question yourself. Because anyone who has read the book instead of the comments pulled out by the Democratic National Committee about the book, which was four sentences, by the way, in a 430-page book, … would tell you I am supportive of families in a variety of different ways. ... What does the average second-earner in the family make? Twenty five percent of the first earner. ... Because of our tax code, we make it virtually impossible to maintain a standard of living and at the same time, be home with your children. ... Number two, look, I believe that women should have choices when it comes to the workforce. And they should be real choices. "And look, I came from a family where my mother worked, all her life, made more money than my dad (N.B.: his mother and father were a registered nurse and psychiatrist, respectively). I have more people working in my office who are women, in senior policy positions, than men. So I don’t have a hang-up with women working. I do have a hang-up with the government and others in society not nurturing, supporting and encouraging parents to be home with their kids when they need to be home. And I think we need to do more as a society to help them.”
In the November election, Santorum lost, with 41% of the vote to Casey's 59%, the largest margin of defeat ever for an incumbent Republican Senator in Pennsylvania.
In March 2007 Santorum joined Eckert Seamans Cherin & Mellott, LLC, where he primarily practiced law in the firm's Pittsburgh and Washington, D.C. offices providing business and strategic counseling services to the firm's clients. He also joined the Ethics and Public Policy Center, a D.C.-based conservative think tank. Santorum was also a contributor on the Fox News Channel. Santorum also writes an Op/Ed piece titled "The Elephant in the Room" for the Commentary Page of the Philadelphia Inquirer. Santorum told the ''Pittsburgh Tribune-Review'' that he would address many geopolitical issues, and then joked, "I don't do Anna Nicole Smith, that's all." After leaving the Senate, Santorum joined the Board of Directors of Universal Health Services, a hospital management company based in King of Prussia, Pennsylvania.
On February 1, 2008, Santorum said he would vote for Mitt Romney in the 2008 Presidential Republican primary race, stating: "If you're a Republican, if you're a Republican in the broadest sense, there is only one place to go right now and that's Mitt Romney.". He has criticized John McCain, questioning his pro-life voting record and whether Sen. McCain holds true conservative values. In September 2008, Santorum expressed support for McCain, citing Sarah Palin as a step in the right direction: "Knowing McCain, he's choosing someone in whom he sees a lot of himself...He tries to find people who have a similar head as he does, and if he sees him in [Palin]...that gives me a better feel for him and a little more confidence in him." In 2011 he said McCain, who was tortured as a prisoner of war, did not understand how the "enhanced interrogation" process works.
On April 12, 2007, political action committee America's Foundation, Highmark and a former Highmark vice president were fined by the Federal Election Committee for sponsoring Santorum with corporate money. The problem had been reported by Highmark, which uncovered the matter during an internal review.
Santorum was mentioned as a candidate for Governor of Pennsylvania in 2010. At one point, he was said to have "quietly but efficiently put his fingerprints on a wide-array of conservative causes in the state." However, Santorum declined to seek the gubernatorial nomination and instead endorsed eventual winner Tom Corbett.
In the fall of 2009, Santorum hinted that he was considering a run for the Republican nomination for President of the United States in the 2012 presidential election. On September 11, 2009, Santorum spoke to a group of Catholic leaders in Orlando, Florida and told them, "I hate to be calculating, but I see that 2012 is not just throwing somebody out to be eaten, but it's a real opportunity for success." He scheduled various appearances with political non-profit organizations that took place in Iowa.
Santorum repeated his consideration of a 2012 run in an e-mail and letter sent on January 15, 2010 to supporters of his political action committee, saying, "After talking it over with my wife Karen and our kids – I am considering putting my name in for the 2012 presidential race. I'm convinced that conservatives need a candidate who will not only stand up for our views, but who can articulate a conservative vision for our country's future," he wrote. "And right now, I just don't see anyone stepping up to the plate. I have no great burning desire to be president, but I have a burning desire to have a different president of the United States". He formed a presidential exploratory committee on April 13, 2011.
Santorum formally announced his run for the Republican presidential nomination on ABC's ''Good Morning America'' on June 6, 2011, saying he's "in it to win."
{{U.S. Senator box | before=Harris Wofford | state=Pennsylvania | class=1 | years=1995–2007 | alongside=Arlen Specter | after=Bob Casey, Jr.}}
Category:1958 births Category:American political writers Category:American people of Italian descent Category:American Traditionalist Catholics Category:American writers of Italian descent Category:Animal rights advocates Category:College Republicans Category:Dickinson School of Law alumni Category:Intelligent design advocates Category:Knights of Malta Category:Living people Category:Members of the United States House of Representatives from Pennsylvania Category:Pennsylvania State University alumni Category:Pennsylvania lawyers Category:Pennsylvania Republicans Category:People from Winchester, Virginia Category:The Philadelphia Inquirer people Category:Politicians from Pittsburgh, Pennsylvania Category:Republican Party United States Senators Category:Traditionalist Catholic writers Category:United States Senators from Pennsylvania Category:United States presidential candidates, 2012 Category:University of Pittsburgh alumni Category:Writers from Pittsburgh, Pennsylvania Category:Writers from Virginia
de:Rick Santorum es:Rick Santorum fr:Rick Santorum it:Rick Santorum la:Ricardus Iohannes Santorum nl:Rick Santorum ja:リック・サントラム pl:Rick Santorum ru:Санторум, Рик fi:Rick Santorum sv:Rick Santorum zh:里克·桑托勒姆This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
name | George Soros |
---|---|
birth date | August 12, 1930 |
birth place | Budapest, Kingdom of Hungary |
alma mater | London School of Economics |
occupation | Entrepreneur, currency trader, investor, philanthropist |
networth | $14.5 billion (2011) |
spouse | Twice divorced (Annaliese Witschak and Susan Weber Soros) |
children | Robert, Andrea, Jonathan, Alexander, Gregory |
nationality | Hungarian |
website | georgesoros.com |
footnotes | }} |
Soros is Chairman of the Soros Fund Management. In July 2011, Soros announced that he was returning outside investment money (valued at $1 billion) and will only invest his own $24.5 billion family fortune because of new U.S. Securities and Exchange Commission disclosure rules. Soros is also the chairman of the Open Society Institute and a former member of the Board of Directors of the Council on Foreign Relations. He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984–89) and provided Europe's largest-ever higher education endowment to Central European University in Budapest. Later, the Open Society Institute's programs in Georgia were considered by Russian and Western observers to have been crucial in the success of the Rose Revolution. In the United States, he is known for donating large sums of money in an effort to defeat President George W. Bush's bid for re-election in 2004. In 2010, he donated $1 million in support of Proposition 19, which would have legalized marijuana in the state of California. He was an initial donor to the Center for American Progress, and he continues to support the organization through the Open Society Foundations. The Open Society Institute has active programs in more than 60 countries around the world with total expenditures currently averaging approximately $600 million a year.
In 2003, former Federal Reserve Chairman Paul Volcker wrote in the foreword of Soros' book ''The Alchemy of Finance'':
George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game. The bulk of his enormous winnings is now devoted to encouraging transitional and emerging nations to become 'open societies,' open not only in the sense of freedom of commerce but – more important – tolerant of new ideas and different modes of thinking and behavior.
The family changed its name from Schwartz to Soros in 1936, in response to growing anti-semitism with the rise of fascism. Tivadar liked the new name because it is a palindrome and because of its meaning. Although the specific meaning is left unstated in Kaufman's biography, in Hungarian, ''soros'' means ''next in line'', or ''designated successor''; and, in Esperanto, it means "will soar". Tivadar taught George to speak Esperanto from birth. Soros later said that he grew up in a Jewish home and that his parents were cautious with their religious roots.
Married and divorced twice, Soros has three children with Annaliese Witschak (Robert, Andrea, Jonathan) and two with Susan Weber Soros (Alexander and Gregory). His elder brother, Paul Soros, also a private investor and philanthropist, is an engineer, who headed Soros Associates and established the Paul and Daisy Soros Fellowships for Young Americans. Soros' nephew Peter Soros, a son of Paul Soros, married the former Flora Fraser – a daughter of Lady Antonia Fraser and the late Sir Hugh Fraser and a stepdaughter of the late 2005 Nobel Laureate Harold Pinter. Fraser and Soros separated in 2009.
His son Alexander Soros is also gaining prominence for his donations to social and political causes. Alexander led the list of student political donors in the 2010 election cycle.
The Jewish Council asked the little kids to hand out the deportation notices. I was told to go to the Jewish Council. And there I was given these small slips of paper...It said report to the rabbi seminary at 9 am...And I was given this list of names. I took this piece of paper to my father. He instantly recognized it. This was a list of Hungarian Jewish lawyers. He said, "You deliver the slips of paper and tell the people that if they report they will be deported."
Later that year, at age 14, Soros lived with and posed as the godson of an employee of the Hungarian Ministry of Agriculture. On one occasion, the official was ordered to inventory the remaining contents of the estate of a wealthy Jewish family that had fled the country. Rather than leave the young Soros alone in the city, the official brought him along. The following year, Soros survived the Battle of Budapest, in which Soviet and German forces fought house-to-house through the city.
Soros emigrated to England in 1947 and, as an impoverished student, lived with his uncle, an Orthodox Jew. His uncle paid his living expenses while he attended the London School of Economics, where he received a Bachelor of Science in Philosophy in 1952. While a student of the philosopher Karl Popper, Soros worked as a railway porter and as a waiter. A University tutor requested aid for Soros, and he received £40 from a Religious Society of Friends (Quaker) charity. He eventually secured an entry-level position with London merchant bank Singer & Friedlander.
Soros realized, however, that he would not make any money from the concept of reflexivity until he went into investing on his own. He began to investigate how to deal in investments. From 1963 to 1973, he worked at Arnhold and S. Bleichroder, where he attained the position of Vice-President. Soros finally concluded that he was a better investor than he was a philosopher or an executive. In 1967, he persuaded the company to set up First Eagle, an offshore investment fund for him to run; and, in 1969, it founded the Double Eagle hedge fund for him.
In 1973, when investment regulations restricted his ability to run the funds as he wished, he resigned his position and established a private investment company, which evolved into the Quantum Fund. He has stated that his intent was to earn enough money on Wall Street to support himself as an author and philosopher – he calculated that $500,000 after five years would be possible and adequate.
He also once had a small stake in the Carlyle Group.
Initially called the Soros Fund, it was eventually renamed the Quantum Fund. In 2000, the Quantum Group of Funds was reorganized, and the flagship Quantum Endowment Fund was established. Soros Fund Management LLC is the principal advisor to the Quantum Endowment Fund. Soros is the Chairman of Soros Fund Management. The firm's day-to-day operations are managed by Soros's two elder sons and the firm's Chief Investment Officer Keith Anderson. The fund has assets of approximately $27 billion. Recent investments include the 2010 purchase of a 20% stake in BNK Petroleum.
In 2007, the Quantum Fund returned almost 32%, netting Soros $2.9 billion.
In August 2010, Soros bought a 4 per cent stake in the Bombay Stock Exchange (BSE) for about $35 million. Soros’s Quantum hedge fund bought the stake from Dubai Financial, a part of the state-run Dubai Holdings, for an estimated Rs. 380 per share. Over 5,000 companies are listed on the exchange.
In July 2011, Soros closed his Quantum hedge fund to outside investment, running the hedge fund as an investment vehicle for his family's fortune.
Finally, the UK withdrew from the European Exchange Rate Mechanism, devaluing the pound sterling, earning Soros an estimated $1.1 billion. He was dubbed "the man who broke the Bank of England". In 1997, the UK Treasury estimated the cost of Black Wednesday at £3.4 billion.
On Monday, October 26, 1992, ''The Times'' quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell."
Stanley Druckenmiller, who traded under Soros, originally saw the weakness in the pound. "Soros' contribution was pushing him to take a gigantic position."
In 1997, during the Asian financial crisis, the Prime Minister of Malaysia Mahathir bin Mohamad accused Soros of using the wealth under his control to punish the Association of Southeast Asian Nations (ASEAN) for welcoming Myanmar as a member. Following on a history of antisemitic remarks, Mahathir made specific reference to Soros's Jewish background ("It is a Jew who triggered the currency plunge") and implied Soros was orchestrating the crash as part of a larger Jewish conspiracy. Nine years later, in 2006, Mahathir met with Soros and afterwards stated that he accepted that Soros had not been responsible for the crisis. In 1998's ''The Crisis of Global Capitalism: Open Society Endangered'' Soros explained his role in the crisis as follows:
The financial crisis that originated in Thailand in 1997 was particularly unnerving because of its scope and severity.... By the beginning of 1997, it was clear to Soros Fund Management that the discrepancy between the trade account and the capital account was becoming untenable. We sold short the Thai baht and the Malaysian ringgit early in 1997 with maturities ranging from six months to a year. (That is, we entered into contracts to deliver at future dates Thai Baht and Malaysian ringgit that we did not currently hold.) Subsequently Prime Minister Mahathir of Malaysia accused me of causing the crisis, a wholly unfounded accusation. We were not sellers of the currency during or several months before the crisis; on the contrary, we were buyers when the currencies began to decline – we were purchasing ringgits to realize the profits on our earlier speculation. (Much too soon, as it turned out. We left most of the potential gain on the table because we were afraid that Mahathir would impose capital controls. He did so, but much later.)
The nominal U.S. dollar GDP of the ASEAN fell by $9.2 billion in 1997 and $218.2 billion (31.7%) in 1998.
''New York Times'' columnist Paul Krugman is critical of Soros's effect on financial markets.
"[N]obody 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.'"
He ascribes his own success to being able to recognize when his predictions are wrong.
In February 2009, Soros said the world financial system had effectively disintegrated, adding that there was no prospect of a near-term resolution to the crisis. "We witnessed the collapse of the financial system[...]It was placed on life support, and it's still on life support. There's no sign that we are anywhere near a bottom."
Punitive damages were not sought because of the delay in bringing the case to trial. Soros denied any wrongdoing and said news of the takeover was public knowledge.
His insider trading conviction was upheld by the highest court in France on June 14, 2006. In December 2006, he appealed to the European Court of Human Rights, claiming that the 14-year delay in bringing the case to trial precluded a fair hearing.
Soros has been active as a philanthropist since the 1970s, when he began providing funds to help black students attend the University of Cape Town in apartheid South Africa, and began funding dissident movements behind the iron curtain.
Soros' philanthropic funding includes efforts to promote non-violent democratization in the post-Soviet states. These efforts, mostly in Central and Eastern Europe, occur primarily through the Open Society Institute (OSI) and national Soros Foundations, which sometimes go under other names (such as the Stefan Batory Foundation in Poland). As of 2003, PBS estimated that he had given away a total of $4 billion. The OSI says it has spent about $500 million annually in recent years.
''Time'' magazine in 2007 cited two specific projects – $100 million toward Internet infrastructure for regional Russian universities; and $50 million for the Millennium Promise to eradicate extreme poverty in Africa – while noting that Soros has given $742 million to projects in the U.S., and given away a total of more than $7 billion.
Other notable projects have included aid to scientists and universities throughout Central and Eastern Europe, help to civilians during the siege of Sarajevo, and Transparency International. Soros also pledged an endowment of €420 million to the Central European University (CEU). The Nobel Peace Prize winner Muhammad Yunus and his microfinance bank Grameen Bank received support from the OSI.
According to ''National Review'' the Open Society Institute gave $20,000 in September 2002 to the Defense Committee of Lynne Stewart, the lawyer who has defended alleged terrorists in court and was sentenced to 2⅓ years in prison for "providing material support for a terrorist conspiracy" via a press conference for a client. An OSI spokeswoman said "it appeared to us at that time that there was a right-to-counsel issue worthy of our support."
In September 2006 Soros pledged $50 million to the Millennium Promise, led by economist Jeffrey Sachs to provide educational, agricultural, and medical aid to help villages in Africa enduring poverty. The New York Times termed this endeavor a "departure" for Soros whose philanthropic focus had been on fostering democracy and good government, but Soros noted that most poverty resulted from bad governance.
He received honorary doctoral degrees from the New School for Social Research (New York), the University of Oxford in 1980, the Corvinus University of Budapest, and Yale University in 1991. Soros also received the Yale International Center for Finance Award from the Yale School of Management in 2000 as well as the Laurea Honoris Causa, the highest honor of the University of Bologna in 1995.
Soros was not a large donor to US political causes until the 2004 presidential election, but according to the Center for Responsive Politics, during the 2003–2004 election cycle, Soros donated $23,581,000 to various 527 groups dedicated to defeating President Bush. A 527 group is a type of American tax-exempt organization named after a section of the United States tax code, 26 U.S.C. § 527.
After Bush's re-election, Soros and other donors backed a new political fundraising group called Democracy Alliance, which supports progressive causes and the formation of a stronger progressive infrastructure in America.
In August 2009, Soros donated $35 million to the state of New York to be ear-marked for under-privileged children and given to parents who had benefit cards at the rate of $200 per child aged 3 through 17, with no limit as to the number of children that qualified. An additional $140 million was put into the fund by the state of New York from money they had received from the 2009 federal recovery act.
On October 26, 2010, Soros donated $1 million, the largest donation in the campaign, to the Drug Policy Alliance to fund Proposition 19, that would have legalized marijuana in the state of California if it had passed in the November 2, 2010 elections.
Former Georgian Foreign Minister Salomé Zourabichvili wrote that institutions like the Soros Foundation were the cradle of democratisation and that all the NGOs which gravitated around the Soros Foundation undeniably carried the revolution. She opines that after the revolution the Soros Foundation and the NGOs were integrated into power.
Some Soros-backed pro-democracy initiatives have been banned in Kazakhstan and Turkmenistan. Ercis Kurtulus, head of the Social Transparency Movement Association (TSHD) in Turkey, said in an interview that "Soros carried out his will in Ukraine and Georgia by using these NGOs...Last year Russia passed a special law prohibiting NGOs from taking money from foreigners. I think this should be banned in Turkey as well." In 1997, Soros had to close his foundation in Belarus after it was fined $3 million by the government for "tax and currency violations". According to ''The New York Times'', the Belarusian president Alexander Lukashenko has been widely criticized in the West and in Russia for his efforts to control the Belarus Soros Foundation and other independent NGOs and to suppress civil and human rights. Soros called the fines part of a campaign to "destroy independent society".
In June 2009, Soros donated $100m to Central Europe and Eastern Europe to counter the impact of the economic crisis on the poor, voluntary groups and non-government organisations.
In October 2010, Soros donated $1 million to support California's Proposition 19.
According to remarks in an interview in October 2009, it is Soros's opinion that marijuana is less addictive but not appropriate for use by children and students. He himself has not used marijuana for years.
Reflexivity is based on three main ideas: # Reflexivity is best observed under special conditions where investor bias grows and spreads throughout the investment arena. Examples of factors that may give rise to this bias include (a) equity leveraging or (b) the trend-following habits of speculators. # Reflexivity appears intermittently since it is most likely to be revealed under certain conditions; i.e., the character of the equilibrium process is best considered in terms of probabilities. # Investors' observation of and participation in the capital markets may at times influence valuations ''and'' fundamental conditions or outcomes.
A current example of reflexivity in modern financial markets is that of the debt and equity of housing markets. Lenders began to make more money available to more people in the 1990s to buy houses. More people bought houses with this larger amount of money, thus increasing the prices of these houses. Lenders looked at their balance sheets which not only showed that they had made more loans, but that their equity backing the loans – the value of the houses, had gone up (because more money was chasing the same amount of housing, relatively). Thus they lent out more money because their balance sheets looked good, they were guaranteed by the Federal Government, and prices went up more.
This was further amplified by public policy. Many governments see home ownership as a positive outcome and so first home owners grant and other financial subsidies – or influences to buy a home such as the exemption of a primary residence from capital gains taxation – mean that house purchases were seen as a good thing. Prices increased rapidly, and lending standards were relaxed. The salient issue regarding reflexivity is that it explains why markets gyrate over time, and do not just stick to equilibrium – they tend to overshoot or undershoot.
Victor Niederhoffer said of Soros: "Most of all, George believed even then in a mixed economy, one with a strong central international government to correct for the excesses of self-interest."
Soros claims to draw a distinction between being a participant in the market and working to change the rules that market participants must follow. According to Mahathir bin Mohamed, Prime Minister of Malaysia from July 1981 to October 2003, Soros – as the hedge fund chief of Quantum – may have been partially responsible for the economic crash in 1997 of East Asian markets when the Thai currency relinquished its peg to the US dollar. According to Mahathir, in the three years leading to the crash, Soros invested in short-term speculative investment in East Asian stock markets and real estate, then divested with "indecent haste" at the first signs of currency devaluation. Soros replied, saying that Mahathir was using him "as a scapegoat for his own mistakes", that Mahathir's promises to ban currency trading (which Malaysian finance officials hastily retracted) were "a recipe for disaster" and that Mahathir "is a menace to his own country".
In an interview regarding the late-2000s recession, Soros referred to it as the most serious crisis since the 1930s. According to Soros, market fundamentalism with its assumption that markets will correct themselves with no need for government intervention in financial affairs has been "some kind of an ideological excess". In Soros' view, the markets' moods – a "mood" of the markets being a prevailing bias or optimism/pessimism with which the markets look at reality – "actually can reinforce themselves so that there are these initially self-reinforcing but eventually unsustainable and self-defeating boom/bust sequences or bubbles".
In reaction to the late-2000s recession, he founded the Institute for New Economic Thinking in October 2009. This is a think tank composed of international economic, business and financial experts, mandated to investigate radical new approaches to organising the international economic and financial system.
There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's not specifically anti-Semitism, but it does manifest itself in anti-Semitism as well. I'm critical of those policies... If we change that direction, then anti-Semitism also will diminish. I can't see how one could confront it directly... I'm also very concerned about my own role because the new anti-Semitism holds that the Jews rule the world... As an unintended consequence of my actions... I also contribute to that image.In a subsequent article for ''The New York Review of Books'', Soros emphasized that
I do not subscribe to the myths propagated by enemies of Israel and I am not blaming Jews for anti-Semitism. Anti-Semitism predates the birth of Israel. Neither Israel's policies nor the critics of those policies should be held responsible for anti-Semitism. At the same time, I do believe that attitudes toward Israel are influenced by Israel's policies, and attitudes toward the Jewish community are influenced by the pro-Israel lobby's success in suppressing divergent views.
Category:1930 births Category:Alumni of the London School of Economics Category:American billionaires Category:American investors Category:American money managers Category:American people of Hungarian-Jewish descent Category:American philanthropists Category:Central European University Category:Drug policy reform activists Category:Framing theorists Category:Hedge fund managers Category:Hungarian emigrants to the United States Category:Hungarian people of Jewish descent Category:Living people Category:Native Esperanto speakers Category:Naturalized citizens of the United States Category:People convicted of insider trading Category:People from Budapest Category:Recipients of the Order of the Cross of Terra Mariana, 1st Class Category:Stock and commodity market managers Category:Stock traders Category:Currency traders
ar:جورج سوروس az:Corc Soros be:Джордж Сорас bs:George Soros bg:Джордж Сорос ca:George Soros cs:George Soros da:George Soros de:George Soros et:George Soros el:Τζώρτζ Σόρος es:George Soros eo:George Soros fa:جرج سوروس fr:George Soros gu:જયોર્જ સોરોસ hi:जॉर्ज सोरोस hr:George Soros id:George Soros is:George Soros it:George Soros he:ג'ורג' סורוס kn:ಜಾರ್ಜ್ ಸೊರೊಸ್ kk:Джордж Сорос lt:George Soros hu:Soros György ms:George Soros my:ဂျော့ချ် ဆိုးရော့စ် nl:George Soros ja:ジョージ・ソロス no:George Soros pl:George Soros pt:George Soros ro:George Soros ru:Сорос, Джордж sq:George Soros sk:George Soros sr:Џорџ Сорос sh:George Soros fi:George Soros sv:George Soros ta:ஜார்ஜ் சொரெஸ் te:జార్జ్ సోరోస్ th:จอร์จ โซรอส tg:Ҷорҷ Сорос tr:George Soros uk:Джордж Сорос vi:George Soros yi:דזשארדזש סאראס zh:乔治·索罗斯This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
name | Ilich Ramírez Sánchez |
---|---|
image name | Ilich Ramirez Sanchez.jpg |
birth date | October 12, 1949 |
birth place | Michelena, Táchira, Venezuela |
alias | Carlos Carlos the Jackal |
conviction | Murder |
conviction penalty | Life imprisonment |
conviction status | Imprisoned |
spouse | Magdalena KoppLana JarrarIsabelle Coutant-Peyre |
children | }} |
Named after Vladimir Ilyich Lenin by his Marxist father, Ramírez Sánchez soon joined the youth movement of the national communist party. He enrolled in a university in Moscow which was noted for recruiting foreign communists. In 1970, he volunteered for the Popular Front for the Liberation of Palestine (PFLP). In Lebanon, he finished his training at a school staffed by Iraqi military.
After several bungled bombings, Ramírez Sánchez achieved notoriety for a 1975 raid on the OPEC headquarters in Vienna, which killed three people. This was followed by a string of attacks against Western targets. For many years he was among the most wanted international fugitives. Carlos was dubbed "The Jackal" by ''The Guardian'' after one of its correspondents reportedly spied Frederick Forsyth's novel ''The Day of the Jackal'' in close proximity to some of the fugitive's belongings.
Arrested in Sudan in 1994 and flown to France, Carlos is now serving a life sentence in the Clairvaux Prison for the murder of two French agents of the DST (counter-intelligence) and an alleged informant. In 2001, he married his lawyer in a Muslim ceremony. Carlos advocates radical Islamism in his book ''Revolutionary Islam.''
His mother took the children to London, where she studied at Stafford House College in Kensington and the London School of Economics. In 1968 his father tried to enroll Illich and his brother at the Sorbonne in Paris, but eventually opted for the Patrice Lumumba University in Moscow. According to the BBC, it was "a notorious hotbed for recruiting foreign communists to the Soviet Union" (see active measures). He was expelled from the university in 1970.
From Moscow Ramírez Sánchez travelled to Beirut, Lebanon, where he volunteered for the Popular Front for the Liberation of Palestine (PFLP) in July 1970. He was sent to a training camp for foreign volunteers of the PFLP on the outskirts of Amman, Jordan. On graduating, he studied at a finishing school, code-named H4 and staffed by Iraqi military, near the Syria-Iraq border.
In 1973, Carlos was associated with the PFLP, which had conducted a failed assassination attempt on Joseph Sieff, a Jewish businessman and vice president of the British Zionist Federation. The attack was announced as retaliation for the Mossad's assassination in Paris of Mohamed Boudia, a PFLP leader.
Carlos admits responsibility for a failed bomb attack on the Bank Hapoalim in London and car bomb attacks on three French newspapers accused of pro-Israeli leanings. He claimed to be the grenade thrower at a Parisian restaurant in an attack that killed two and injured 30. He later participated in two failed rocket propelled grenade attacks on El Al airplanes at Orly Airport near Paris, on January 13 and 17, 1975.
On June 27, 1975, Carlos's PFLP contact, Lebanon-born Michel Moukharbal, was captured and interrogated by the French domestic intelligence agency, the DST. When three unarmed agents of the DST tried to interview Carlos at a house in Paris in the middle of a party, he shot the three agents, killing two, and also shot and killed Moukharbal. Carlos fled the scene, and managed to escape via Brussels to Beirut.
On December 22, the government provided the PFLP and 42 hostages an airplane and flew them to Algiers, as demanded for the hostages' release. Ex-Royal Navy pilot Neville Atkinson, at that time the personal pilot for Libya's leader Muammar al-Gaddafi, flew Carlos and a number of others, including Hans-Joachim Klein, a supporter of the imprisoned Baader-Meinhof group and a member of the Revolutionary Cells, and Gabriele Kröcher-Tiedemann, from Algiers. They finally arrived in Baghdad. Thirty hostages were freed there. Atkinson flew the DC-9 to Tripoli, where more hostages were freed, before he returned to Algiers. The last hostages were freed there and some were granted asylum.
In the years following the OPEC raid, Bassam Abu Sharif, another PLFP agent, and Klein claimed that Carlos had received a large sum of money for the safe release of the Arab hostages and had kept it for his personal use. Claims are that the amount was between US$20 million and US$50 million. The source of the money is also uncertain, but, according to Klein, it was from "an Arab president". Carlos later told his lawyers that the money was paid by the Saudis on behalf of the Iranians and was "diverted en route and lost by the Revolution."
Carlos left Algeria for Libya and then Aden, where he attended a meeting of senior PFLP officials to justify his failure to execute two senior OPEC hostages—the finance minister of Iran, Jamshid Amuzgar, and the oil minister of Saudi Arabia, Ahmed Zaki Yamani. His trainer and PFLP-EO leader Wadie Haddad expelled Carlos for not shooting hostages when PFLP demands were not met, thus failing his mission.
Historians' examination of Stasi files, recently accessible after the unification of Germany, demonstrate a link between Ramírez Sánchez and the KGB, via the East German secret police. When Leonid Brezhnev visited West Germany in 1981, Ramírez Sánchez did not undertake any attacks, as the KGB had requested. Western intelligence had expected activity during this period. Two days after the operation, Sudanese officials told him that he needed to be moved to a villa for protection from an assassination attempt and would be given personal bodyguards. One night later, the bodyguards went into his room while he slept, tranquilized and tied him, and took him from the villa.
On August 14, 1994, Sudan transferred him to French agents of the DST, who flew him to Paris for trial. He was charged with the Paris murders of two policemen and PFLP-guerrilla-turned-French informant Michel Moukharbal in 1975 and sent to La Santé Prison in Paris to await trial. In 1996, a majority of the European Commission of Human Rights rejected his application related to the process of his capture.
The trial began on December 12, 1997 and ended on December 23, when he was found guilty and sentenced to life imprisonment. He was later moved from Le Santé to the Clairvaux Prison.
In 2001, in a Muslim ceremony, Ramírez Sánchez married his lawyer, Isabelle Coutant-Peyre, although he was still legally wed to his second wife.
In June 2003, Carlos published a collection of writings from his jail cell. The book, whose title translates to ''Revolutionary Islam'', seeks to explain and defend violence in terms of class conflict. In the book, he voices support for Osama bin Laden and his attacks on the United States.
In 2005, the European Court of Human Rights heard a complaint from Ramírez Sánchez that his long years of solitary confinement constitute "inhuman and degrading treatment". Although the court rejected this claim, it was on appeal as of early 2006. The Venezuelan president Hugo Chávez has praised Ramírez Sánchez, saying in a 2009 speech that he had been unfairly convicted and was not a terrorist but a "revolutionary fighter".
Category:1949 births Category:Living people category:People from Táchira (state) Category:Alumni of the London School of Economics Category:Former Roman Catholics Category:Hispanic and Latino Muslims Category:Converts to Islam from atheism or agnosticism Category:Islamic terrorism Category:People convicted of murder by France Category:People imprisoned on charges of terrorism Category:Popular Front for the Liberation of Palestine members Category:Prisoners sentenced to life imprisonment by France Category:Venezuelan people convicted of murder Category:Venezuelan people convicted of murdering police officers Category:Venezuelan people imprisoned abroad Category:Venezuelan prisoners sentenced to life imprisonment Category:Venezuelan revolutionaries Category:People convicted on terrorism charges
ar:كارلوس ast:Carlos El Chacal bg:Илич Рамирес Санчес cs:Iljič Ramirez Sánchez da:Sjakalen de:Ilich Ramírez Sánchez es:Ilich Ramírez eo:Ilich Ramírez Sánchez fa:کارلوس fr:Ilich Ramírez Sánchez it:Ilich Ramírez Sánchez he:איליץ' רמירס סאנצ'ס mk:Илич Рамирез Санчез nl:Ilich Ramírez Sánchez ja:カルロス (テロリスト) no:Ilich Ramírez Sánchez pl:Ilich Ramírez Sánchez pt:Ilich Ramírez Sánchez ro:Carlos Șacalul ru:Рамирес Санчес, Ильич sk:Ilich Ramírez Sánchez szl:Ilich Ramírez Sánchez so:Carlos the Jackal sr:Илич Рамирез Санчез fi:Ilich Ramírez Sánchez sv:Ilich Ramírez Sánchez tr:Ilich Ramirez Sanchez zh:豺狼卡洛斯This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
The World News (WN) Network, has created this privacy statement in order to demonstrate our firm commitment to user privacy. The following discloses our information gathering and dissemination practices for wn.com, as well as e-mail newsletters.
We do not collect personally identifiable information about you, except when you provide it to us. For example, if you submit an inquiry to us or sign up for our newsletter, you may be asked to provide certain information such as your contact details (name, e-mail address, mailing address, etc.).
When you submit your personally identifiable information through wn.com, you are giving your consent to the collection, use and disclosure of your personal information as set forth in this Privacy Policy. If you would prefer that we not collect any personally identifiable information from you, please do not provide us with any such information. We will not sell or rent your personally identifiable information to third parties without your consent, except as otherwise disclosed in this Privacy Policy.
Except as otherwise disclosed in this Privacy Policy, we will use the information you provide us only for the purpose of responding to your inquiry or in connection with the service for which you provided such information. We may forward your contact information and inquiry to our affiliates and other divisions of our company that we feel can best address your inquiry or provide you with the requested service. We may also use the information you provide in aggregate form for internal business purposes, such as generating statistics and developing marketing plans. We may share or transfer such non-personally identifiable information with or to our affiliates, licensees, agents and partners.
We may retain other companies and individuals to perform functions on our behalf. Such third parties may be provided with access to personally identifiable information needed to perform their functions, but may not use such information for any other purpose.
In addition, we may disclose any information, including personally identifiable information, we deem necessary, in our sole discretion, to comply with any applicable law, regulation, legal proceeding or governmental request.
We do not want you to receive unwanted e-mail from us. We try to make it easy to opt-out of any service you have asked to receive. If you sign-up to our e-mail newsletters we do not sell, exchange or give your e-mail address to a third party.
E-mail addresses are collected via the wn.com web site. Users have to physically opt-in to receive the wn.com newsletter and a verification e-mail is sent. wn.com is clearly and conspicuously named at the point of
collection.If you no longer wish to receive our newsletter and promotional communications, you may opt-out of receiving them by following the instructions included in each newsletter or communication or by e-mailing us at michaelw(at)wn.com
The security of your personal information is important to us. We follow generally accepted industry standards to protect the personal information submitted to us, both during registration and once we receive it. No method of transmission over the Internet, or method of electronic storage, is 100 percent secure, however. Therefore, though we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.
If we decide to change our e-mail practices, we will post those changes to this privacy statement, the homepage, and other places we think appropriate so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it.
If we make material changes to our e-mail practices, we will notify you here, by e-mail, and by means of a notice on our home page.
The advertising banners and other forms of advertising appearing on this Web site are sometimes delivered to you, on our behalf, by a third party. In the course of serving advertisements to this site, the third party may place or recognize a unique cookie on your browser. For more information on cookies, you can visit www.cookiecentral.com.
As we continue to develop our business, we might sell certain aspects of our entities or assets. In such transactions, user information, including personally identifiable information, generally is one of the transferred business assets, and by submitting your personal information on Wn.com you agree that your data may be transferred to such parties in these circumstances.