Billionaire investor George Soros plans to start a foreign-affairs research institute in Europe similar to the Council on Foreign Relations.
"Europe has to be interested in recreating what used to be called the West, based on the principles of international cooperation," Mr. Soros said yesterday at a conference in Oxford, England. "Out of this idea came the idea of founding a European Council on Foreign Relations."
Mr. Soros, who spent $27.5 million trying to defeat President Bush in the 2004 election, said America can't deal with global affairs on its own. If a leading Democratic presidential candidate, Senator Obama, wins the post in 2008, the U.S. may regain some of "the high ground," he said.
Mr. Soros declined to say how much money he is spending on the project. It may start by the end of this year, he said.
"Our resources are similar to the United States, but we punch pathetically below our weight," Timothy Garton Ash, a professor of European Studies at Oxford University who is helping Mr. Soros with the plans, said in an interview. "The idea is to contribute a European voice. It's still in the making."
George Soros wants to establish a "Council on Foreign Affairs" similar to that of the Council on Foreign Relations. Such an event could create one or two options for the twelve men who are bankers and respresent the CFR. First, George Soros could counter any measure the CFR could present if he believed it was not in the best interest of his CFA. Second, the CFA could sway the international community in another direction despite the best interests of the CFA. Is it possible the CFR could battle a group of billiionaires in this struggle for world globalization? Or is it in the best interests of the CFR to confront the CFA and pool their resources. From this article, I draw the conclusion that Mr. Soros must know the intent and purpose of the CFR and believes there is room for error in being the only financial flagship in the world capable of bring nations to their knees. If this were the case, Mr. Soro's CFA could more appropriately place his financial flagship in the same global waters and combat what he believes in not in his best interest or the interest of other billionaires on the planet. The CFR affects every nation in the world. Why would they be concerned about George Soros, a billionaire, creating the CFA? Could these two financial flagships go to battle if it came to it:? George Soros wants to find out. My own opinion is that it would be an excellent means of checks and balances that the world has not had up to this point.