[Dr. Thorne]

One of Satan’s snivelling minions speaks: “Who needs virtue? Forget it. Kill and steal. That’s the way to success.”

[mrmeyer]

"But the crash of 2008 was primarily a failure of the private sector. US (and other) regulators should be faulted for failing to regulate. Without a bail-out, the financial system would have remained paralysed, making the subsequent recession much deeper and longer."

BARF.

[Nonstatist]

Remember: Do the opposite of the advice of this dishonest , duplicitous hedge fund manipulator and socialist control freak.

[Uri’el-2012]

The Republican opposition has been extremely successful in blaming the crash of 2008 and the subsequent recession and high unemployment on government ineptitude.

Reid and Pelosi ran the government since January 2007.

George! They are both democrats.

[mountainlion]

Without virtue we become less of a country than Mexico, Italy or Iran with all the problems they have and more. Do we want drug gangs and drug abuse? Do we want robbers on each street corner? To we want murderous gangs and totalitarian government? George Soros does.

[ShadowAce]

He oughta spend some of those billions and buy a writing course.

[Young Werther]

STIMULUS AND VIRTUE!

[Uri’el-2012]

George Soros

Virtue ?

George Soros is a Jew who sold millions of his people
to the nazis to send to the Gas Chambers.

Virtue ?

[Just A Nobody]

The Republican opposition has been extremely successful in blaming the crash of 2008 and the subsequent recession and high unemployment on government ineptitude.

The republican "opposition" has done no such thing.

Personally, I blame YOU George Soros for the crash of 2008.

Why this communist Nazi collaborator is given any place in this country, least of all on this forum, is beyond me. He is an enemy of the USA. Period!

[elhombrelibre]

The author, George Soros, owns Obama and much of the left.

[OCCASparky]

The Republican opposition has been extremely successful in blaming the crash of 2008 and the subsequent recession and high unemployment on government ineptitude.

And that's about the only thing he got right.

[Nonstatist]

it would have been more efficient to inject new equity into the banks but the president feared accusations of nationalisation and socialism

I believe there is a strong case for further stimulus. Admittedly, consumption cannot be sustained indefinitely by running up the national debt. The imbalance between consumption and investment must be corrected. But to cut government spending at a time of large-scale unemployment would be to ignore the lessons of history..

In other words; nationalize the private economy at the same time as you discourage personal consumption. Then we can create a government owned mirthless communist utopia while at the same time Soros the hedge fund speculator can make himself a bundle of money !! Fantastic!

[skeeter]

I'd like to see this wrinkled greedbag in his boxer shorts on a city street in Bankok holding a big sign saying "I'm George Soros". I'm betting they'll remember him.

[LibLieSlayer]

no george... we need you and your ilk NOT BREATHING.

LLS

[KarlInOhio]

Soros has a place for Uncle Sam's head right over the door in his economic hunting lodge. He kills countries for fun and profit (mostly profit) and he now has us in his sights.

[Rodsailor]

When I look at Soros’ involvement in USA politics, I always have to look at motivation and the expected results of action. Soros is approaching 80 years old. Looking at his past efforts at taking advantage of declining economies, I can’t help but wonder is he sees the total collapse of the US economy as the pinnacle of his career.

He has supported every form of left wing, economically disastrous policy the Democrat Party has advanced. If you work on the assumption that he is, in fact, a brilliant speculator, and that he theoretically could use the collapse of the US economy to become the wealthiest man in the world, you can understand his pique at Obama’s professed turn towards fiscal responsibility.

Soros has invested hundreds of millions of dollars to gain control of the Democrat Party. Using his influence, he has advocated for the debilitating economic policies put in place by the Democrats. The total collapse of the US economy was guaranteed under these policies. Now he sees his potential victory over the financial system of the United States slipping through his grasp. Do not expect him to withdraw without a serious fight.

[November 2010]

Like standing in the eye of a hurricane and calling the weather fine.

[sickoflibs]

George Soro’s at FT link, You need a free account to read the whole article, but here are some highlights from it :
” The obvious solution is to distinguish between investments and current consumption, and increase the former while reducing the latter. But that seems politically untenable. Most Americans are convinced that government is incapable of managing investments aimed at improving the country’s physical and human capital.
Again, this belief is not without justification: a quarter-century of calling the government bad has resulted in bad government. But the argument that stimulus spending is inevitably wasted is patently false: the New Deal produced the Tennessee Valley Authority, the Triborough Bridge in New York and many other public utilities still in use today.
Moreover, the simple truth is that the private sector does not employ available resources. Mr Obama has in fact been very friendly to business, and corporations are operating profitably. But instead of investing, they are building up liquidity.
How much government debt is too much is an open question because tolerance for public debt is highly dependent on prevailing perception. The risk premium attached to the interest rate is the critical variable: once it starts rising, the existing rate of deficit financing becomes unsustainable. But the tipping point is reflexive and therefore indeterminate. ”

Soros thinks government is broken only because Republicans have told us it is ??? How about this for 'investments' George (the stimulus) ?

$15 billion for Pell grant scholarships (which make college more expensive), $1 billion for “community development block grants” (pork for cities), $145 billion for “making work pay” tax credits and $83 billion for the earned income tax credit (income transfers), $89 billion for Medicaid (more income transfers), $36 billion for unemployment benefits (ditto), $20 billion for food stamps (ditto), $30 billion for COBRA insurance extension (ditto), $79 billion for the State Fiscal Stabilization Fund (rewarding states that overspent at the expense of more frugal ones), $4.2 billion for “neighborhood stabilization activities” (we can only guess), and assorted special interest goodies like $400 million for global warming research, $150 million for “producers of livestock, honeybees, and farm-raised fish,” $335 million for the prevention of sexually transmitted diseases, and $55 million for the Historic Preservation Fund.