Posted on 07/24/2004 11:35:37 AM PDT by olde north church
SOROS AND THE CRASH OF '04
There was a point earlier in the election season when currency speculator George Soros promised he would spend his last penny if that's what it took to defeat President George W. Bush. Senator Hillary Clinton predicted an event in October which would shape the 2004 Presidential Election.
Could that something be a stock market crash? How would that affect a voter's choice of presidential, senatorial or congressional candidate? What impact would that have on an election? Would that be equivalent to a terrorist attack on American interests? Would dollars lost equal lives lost?
Military and law enforcement officials focus of disruption of elections in terms of physical damage. It's their milieu, their battle field. Terrorist attacks have always been on physical human targets. What if we transferred that focus from the physical to the financial? How would the electoral landscape be altered after the occurrence of a national financial catastrophe?
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(Excerpt) Read more at trentonrevolution.com ...
This is not the first time I have heard about this - and it is a scary thought indeed.
Howbeit since the Democraps has politicized everything this year, lets just pray REAALLLL hard and watch God expose and destroy the plans of these evil men.
Now that the Clinton's chi-com go-between has been caught with stuff in his socks. Lets watch with saticfaction how this will totally destroy Clinton and his rabble of thieves and devastate the DNC as Sandy Berger taks center stage and spill the beans as the SPY for the Chinese govt.
HEAVY STUFF INDEED!
If I remember a few articles correctly - didn't Soros make most of his billions from manipulating the money market ---- hmmm --- WHEN did our $ value crash the last time?
Hmmmm.....
I maintain my opinion that Soros needs to have an 'accident'.
Thanks. You saved me from posting that long held secret thought.
The botto line is Bill gares is pumping 9 billion back in through dividend pay outs to all stock holders in time for Soros to stick it in his ear.
Dividend stocks are out performing the fixed market makers side of the exchange. Our economy will remain strong and the Soros Monster and his cohorts, will loose once again.
OPs4 God Bless America!
"How would the electoral landscape be altered after the occurrence of a national financial catastrophe?"
More frightening a prospect, is Soros financing the terrorist to commit an act of violence that would ensure
a financial crash?
Soros is one of the main causes of the Asian economies crashing in the late 1990's. His favorite hobby is seeing how much economic damage he can do while making billions for himself.
I maintain my opinion that Soros needs to have an 'accident'.
LOL - It is my fervent hope that Soros spends every last penney he has to prop up dem candidates and air America and moveon.commie and it's all for naught on Nov. 2nd. That, will be justice.
This is most curious .. Soros is willing to spend all his money to keep Bush from being re-elected .. and Hillary is probably trying to keep Kerry from being elected.
Doesn't anybody find this a very strange paradox ..??
Don't be long and on margin before the election.
Or short and leveraged either, for that matter.
"Or short and leveraged either, for that matter."
Soros would make sure the shorts were flushed out before the real crash.
This is most curious .. Soros is willing to spend all his money to keep Bush from being re-elected .. and Hillary is probably trying to keep Kerry from being elected.
Doesn't anybody find this a very strange paradox ..??
Hence an arkancide in the making.
The only time Soros or his hedge fund will deal in debt instruments is when arbitraging interest rates, usually but not always the same maturity between two instruments, as for instance the U.S. 5-year note (or its futures, which trade on CBoT) and the German 5-year note, aka BOBLs (or its futures which trade on EUREX).
Soros has had numerous coups in forex, the two largest being undoubtedly 1) trading Sterling vs Deutschemark in 1992 when ERM melted down after Kohl's idiotic decision to redeem Ossie marks at 1-1 with Deutschemarks. This was SUCH an obvious trade that even yr hmbl srvnt made quite a packet on the same play, and 2) shorting Baht, Ringgit, and Rupiah vs US Dollar and Deutschemark in 1997. This was more subtle and less obvious (and very difficult for a retail trader to enter into, but easy enough for anyone w/a billion or two).
In this latter episode, the famed ''Asian tiger'' economies were in complete overheat; money was absolutely pouring into these economies and, after a fairly short time, there were simply no more of the good, sound investments remaining...so the Thai, Malaysian, and Indonesian banks (and the Koreans, too, but that problem was somewhat different at bottom) began lending and OVERlending on practically any project. Can you say ''Penn Square'', the infamous S&L that went bust in 1982-83 by doing the same thing, and, by so doing, kicked off the wildly bungled ''S&L crisis'' of the 1980s? Same deal, with an international flavour.
With huge amounts (relative to the size of their respective economies and money supplies) of their own currencies involved in highly leveraged ''investments'', all it took was for a couple of these to begin failing...which they did, starting in 1997. And the dominoes began falling, just as they always do when a credit-driven bubble bursts. Soros, seeing what was a sooner-or-later inevitable result, began shorting the h*ll out of these currencies, and made a (nother) fortune.
FReegards, and good trading to you!
What ever came of the 'rumors' that some had bought/sold short on airline stocks, etc, before/on 9-11?
Soros just observed what was inevitable in the near future and made the appropriate trade. If he hadn't have done, someone else would have done; there is not now nor ever will be a shortage of sharks in the forex world. See post 17 for more details.
Good question. Did anyone ever hear about this? Was anything done? Did the 9/11 commission investigate this?
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