Posted on 04/11/2008 5:31:47 AM PDT by AndyJackson
...Mr. Soros, one the world’s most successful investors and richest men, leapt out of retirement last summer to safeguard his fortune and legacy. Alarmed by the unfolding crisis in the financial markets, he once again began trading for his giant hedge fund — and won big while so many others lost.
Mr. Soros has always been a controversial figure. But he is becoming more so with a new, dire forecast for the world economy. .... “I consider this the biggest financial crisis of my lifetime,” Mr. Soros said during an interview Monday in his office overlooking Central Park. A “superbubble” that has been swelling for a quarter of a century is finally bursting, he said.
.... Mr. Soros, a fierce critic of the Bush administration, faults regulators for allowing the buildup of the housing and mortgage bubbles. He envisions a time, not so distant, when the dollar is no longer the world’s main currency and people will have a harder time borrowing money.
(Excerpt) Read more at nytimes.com ...
Face of the devil.
Ping
So George when your brothers let you go to England that was not a financial crisis????
Soros made his fortune taking down the British pound sterling in the ‘80s. Now he is working to take the US dollar down, ruining the US economy in the process. He doesn’t care that many millions of people will suffer as long as he can get his ego trip and power fix. He won’t live long enough (thankfully) to spend all his money.
Yet, CNBS’s Maria Bartiromo gave him an adoring interview last week to sell his book to propagate his poisonous prognostications, and the NYT is promoting him as a seer this week. The Left hates America and loves the haters of America.
What we should have done is deport this ingrate instead of taking this snake to our bosom. When will a Congressional committee haul his butt to D.C. to ask him pointed questions about currency manipulation? They summon oil company execs, who do produce a product we can’t live without, every time they want a photo op. Soros’s venomous speculation with his hedge fund has done as much damage to the economy and produced nothing but grief.
This guy seems hell bent on the destruction of the country that gave him the freedom to amass a fortune. Does he want to remake us in the image of his native Hungary?
A few things strike me about Soro’s prophesy:
- First, he states that this “supperbubble” has been building for the past 25 years. His buddy and close political ally, Bill Clinton, was President for over 30% of the last 25 years. Why didn’t Soros get Clinton to do anything?
- If this “superbubble” has been building for 25 years now, why is this the first time Soros is just now coming out of retirement and saying this?
- There is a US election in a few months. Soros has a clear agenda to now help spook the markets to help the Democrats - with the willing assistance of the MSM.
- Soros has a book to sell, and this also helps get out the Dem message.
Great post. Does any Republican in Congress have any courage any more? Has anyone even heard from a Republican in Congress in the last year???? (Besides a RINO)
SALUTE!!! Finally, someone else who gets it. You are not alone--but Truth is a lonely place to go:-)
All that money did not buy him any smarts.
Nada.
He doesn't manufacture anything. He doesn't produce any works of art. He doesn't make anyones life better without making someone else's life poorer. In short he doesn't produce anything.
Or in other words, he doesn't make more pie. He takes other peoples pie by betting against them. He lives off other peoples production. Not much to be proud of...
I think manipulation of the currency and oil markets is what is going on. Soros has spent millions on the dems in prior election cycles without a good return. His new tactic is to focus on “it’s the economy, stupid.” Spend millions manipulating the markets and tanking the U.S. economy (with the aid of the MSM crying “the sky is falling”) and you might get political AND financial returns.
George Soros is EVIL INCARNATE!! He destests AMERICA and he and Warren Buffet wwere shorting the dollar years ago!!
“Gee... It sure would be too bad if he was to have some kinda accident or sumtin’.”
AMEN!! AMEN!!!! AMEN!!!!!
David Brock was at Soros’s place to plot strategy against McCain, according to the guest host on Rush’s show yesterday. There definitely needs to be an investigation of this man’s manipulation of our political process. Everyone should understand who the man behind the curtain is for the Democrats in this election cycle, and how he has played a role in driving down the value of the dollar, thus raising the price of fuel and food for every voter in this country.
Soros could be a real liability to the Democrats if this became common knowledge.
We know the NYT and the msm won’t do it, so the Right needs to fight back on the blogs and talk radio while it still can.
Just read through the first 17 posts. Predictably Soros is bad. So What?
This is a story about money, not morality.
In the financial game the score is kept with money. Soros made a lot so by definition he was right.
Past performance is no guarantee of future returns, but it does tell you a lot about a persons ability to play the game.
The stupidity of leftists is shown by the fact that they rail against corporate capitalists, but they praise this amoral money manipulator.
The difference is that Soros gives them money.
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