1. Cancel TV service because ALL of TV supports Obama and controls the masses of idiots. This will never happen because the public are fools.
1. Is there any way that America can protect herself from the economic sabotage/terrorism that George Soros has done in other countries? If so, what?
A: Yes. Don’t put the country in an untenable situation. That’s what Soros exploits. That means, eliminate the deficit and eventually the debt. Don’t print too many dollars.
Pretty simple to say. Easy for Conservatives or FReepers to do. But Republicans can’t / won’t.
Democrats want to Destroy Western Civilization, and are playing right into Soros’ hands.
bump for knowledgeable responses
Well, Soros had a lot to do with Obama’s election. He is probably behind a great deal of the policy being fomented today. My guess is unless things change in November, there will be nothing anyone can do.
The crash in ‘08 was a long time in coming. A lot of it had to do with Fannie Mae and Freddie Mac overextending bad credit to unqualified borrowers. Despite what the government officials say, they were largely to blame. Now the government wants to get them under the umbrella of the FHA and create a “super FHA”. The upshot is the government will own the paper on 95% of the country’s mortgages. Thus, they will determine who gets a house and who doesn’t. Not good.
The USA is harboring a terrorist. Soro is an economic terrorist that should be returned to the nations he terrorized.
We have a different standard in the USA. We demand that other nations send us those that commit acts of terrorism against our nation but yet we allow thugs like Soros to live in the USA.
Soro is a liberal thug that acts like he cares for the poor. Yeah, he cares for the poor but then he collapses the economy of these poor nations. He should be sent to Maylasia and let their people deal with him.
I agree with you. Someone like Glenn Beck needs to do a several hour special on self admitted former Nazi collaborator George Soros.
This story has links that covers the some of the economic threats he represents:
http://www.americanthinker.com/2010/08/covering_up_for_george_soros.html
It’s not just Soros.
Most of the western countries have abdicated sovereignty by putting their currencies up on the global financial casino.
Same craziness that takes at most $2T in mortgage values (at most) and spins it into ~$68T in derivatives, credit dafault swaps and other version of financial pixie dust.
If we became a nation that built things for ourselves again, we wouldn’t be subject to the whims of gambling billionaires...
You have got to give Soros some credit for being
“smart” enough to play all sides.
He backs Obama, while he is tied with Romney in JET Blue.
Could Soros have had a role in Romney sacking Gov. Palin
during Election2008, too?
2. What caused the electronic run on the bank in Sept 2007?
A really really brilliant Chinese PhD from MIT (who is now back in the PRC) sold the idea to the investment industry that they could develop and sell third generation derivatives based on the value of American home mortgages. That is, the bankers didn’t own your mortgage, or even place a bet on the future value of a group of mortgages (first order derivative), but rather on two more degrees of separation from the actual value of American homes. At this point, they had perverted the concept of “value” to the point that any little burble in the (previously) climbing value of American homes would collapse their house of cards. Add this to Barney Frank’s favorite “Community Re-investment Act” which kept pushing up the cost of homes (not their true value) by underwriting loans to people who had no chance whatsoever of re-paying them. Now, jiggle the ladder just a little. Oops. The so-called value in the stock market just went away. This is another way of saying that the actual value of those homes was much lower than the purchase price.
A return to sound money, a balanced budget and transparent markets would serve to largely neutralize the threat from Soros, who enriches himself by using nations’ financial profligacy against them. That’s far easier said than done of course, with a radical Congress and a President eager to command and control everything he can. Barring a return to a gold standard or to any real monetary valuation, our best bet to defeat Soros is not gold but a small quantity of lead, judiciously applied.
bflr
I’ve been reading the responses to your questions about Soros and the Sept 2008 Crash.
The way to ‘innoculte’ ourselves is to return to the form of government originally intended by our founders.
No unconstitutional Departments such as Agriculture or Education. No programs such as EPA or HUD. And we should abolish the IRS and repeal the 16th Amendment.
Right now lobbyists are paid huge sums for trying to get special treatment via the tax code for their clients. Making states responsible for collecting taxes, for State and Federal operations, will eliminate most corruption on the Federal level.
Every state in the Union collects taxes of some sort. Our citizens are presently sending tax revenues to the Federal Government, which turns around and sends money back the States. That isn’t just stupid; it is costing us billions of dollars just to operate the IRS! Instead of the IRS having to deal with millions of taxpayers, the Feds will be dealing with, hopefully, less than 100 different sources of revenue.
We can eliminate much of the expense of Federal operations by having the States pay Uncle Sam their allottment for constitutionally-mandated Federal activities, such as the common defense. Let the States decide whether they want to fund welfare, citizen’s medical care, or environmental programs.
By returning power to the several states, and reducing the size and extent of the national government, we can go a long way towards reducing the national deficit. Power on a state level, particularly when the states control THEIR spending habits due to input by citizens, means that local communities have a greater say in how tax revenues are spent.
As for Soros, he is a criminal and should be dealt with pronto.