"On September 13, Donald Trump shared with NBC News his opinion on George Soros. "He's a bad guy," the president averred. "Should be put in jail." In fact, Trump has made his dim view of Soros known many times before. Just in August, he opined on social media that Soros and his son and philanthropic heir Alexander "should be charged with RICO because of their support for Violent Protests and much more.""
"Soros started his hedge fund in 1973 and, by making a lot of money over the next two decades, made a name for himself in financial circles. However, he didn't become widely known to the public until 1992, when he "shorted" (bet against) the British pound and won big, to the tune of a billion dollars. He had help, we might add, from a young Scott Bessent, now, of course, Trump's treasury secretary."
Donald Trump publicly stated that George Soros "should be put in jail" and suggested Soros and his son Alexander be charged under RICO for allegedly supporting violent protests. Soros and his son deny supporting violence. The RICO reference alludes to the Racketeer Influenced and Corrupt Organizations Act of 1970. George Soros began a hedge fund in 1973 and built significant wealth over two decades. Soros became widely known after shorting the British pound on September 16, 1992, a move that yielded nearly $1 billion. The New York Times ran a brief wire story about that profit on October 27, 1992.
Read at The American Conservative
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