I wouldn’t be surprised. The market is down 200 right now, my guess is that Soros will try to drive down before the end of the day.
RATS will do anything to gain power over peoples’ lives. They are completely responsible for the energy crisis in the US. Investors Business Daily had a nice article outlining Pres Bush’s proposal to fix the energy clear back in 2001.
‘Energy has enormous implications for our economy, our environment and our
national security,” President Bush said in proposing the plan. “We cannot
let another year go by without addressing these issues together in a
comprehensive and balanced package.”
That was in June 2001 - more than seven years ago.
His words came just after he first proposed a comprehensive energy bill that
included 105 separate steps the U.S. could take to boost its energy
supplies. It was something he promised repeatedly while campaigning for the
presidency in 2000. He kept his promise. His first plan included, among many
other things:
New drilling for more oil and gas and new refineries.
Building of nuclear power plants.
Revamping the U.S. electricity grid.
$10 billion in tax breaks to help push energy efficiency and alternative
energy.
The fact is, these are remarkably similar to the plans that economists, oil
experts and energy wonks say need to be put in place today in order to end
our oil crisis.
Yet, those proposals went nowhere - not approved in 2001, not in 2002, not
in 2003, not ever. Bush tried repeatedly to get something through Congress.
He pleaded. He tried to cut deals with Democrats. It didn’t work.
A New York Times headline from August 20, 2003, sums it up: “Ambitious Bush
Plan Is Undone by Energy Politics.”
That’s an understatement. Instead, Democrats ridiculed Vice President Cheney
for meeting with oil industry representatives to craft U.S. energy policy -
and for insisting on finding more oil.
They had no plan themselves, mind you - apart from massively expensive
global warming initiatives that would force Americans to lower their
standard of living to Third World levels by spending as much as $800 billion
a year to cool Earth.
Yet, if Bush’s plan had been put in place in 2001, we’d have replaced
millions of barrels of oil, billions of tons of coal and untold trillions of
acre feet of natural gas with clean, safe nuclear power.
We’d be pumping millions of barrels more of oil, creating thousands of
American jobs, cutting prices and saving literally hundreds of billions of
dollars every year -money that today goes to line the pockets of the Saudi
royal family, Venezuelan petrotyrant Hugo Chavez, Libyan leader-for-life
Muammar Qadhafi and Vladimir Putin’s Russia.
When the Democrats took control of Congress in 2007, and oil was $50 a
barrel and corn $2 a bushel, House Speaker Nancy Pelosi and Senate Majority
Leader Harry Reid promised an energy plan. We’re still waiting for it.
Today, crude oil is $134 and corn is $6.50.
It’s pretty clear who’s to blame: Congress. In fact, House and Senate
Democrats have obstructed any progress in America ‘s fight to regain some
semblance of energy independence.
Here is a little arithmetic problem. You are a hedge fund. You buy a bunch of mortgage bonds worth $1B. You put down $100M and borrow $900M. The value of the underlying property drops to $800M. What is your net worth? Now suppose it was subprime and you forclose and cannot sell the properties for $100M. What is your net worth?
The bank who loaned you the $900M owes its depositors $900M. It gets $100M from selling your properties. What is the bank worth?
You were right the first time. They weren't even selling tulips. They were selling air.
I think Obama and his co-commies are trying to get all their ducks in a row for a USSA. That’s how it starts, create a dissatisfied, hungry citizenry, then start wreaking havoc on their system of government. They create in the people a screaming desire for them to take souls for food and necessities. Look at how much is controlled already—from home ownership associations to telling you what restaurant is proper for you to eat at.
Obama is an anti-capitalist, anti-American, anti-God, anti-freedom, communist pushing, Nazi-like, bigot. If anyone should be able to recognize a Marxist, it should be John McCain. He may have forgotten what one looks like...
Anti-Christ, or not, this is how it will start. Once we decide it’s against our best interest to assist Israel the God-given protection is off.
1. Soros
2. Buffet- GEICO, Berkshire etc..
3. Peter Lewis- Friend of Soros, Progressive Insurance
4. Tim Gill- Software, Gay Rights Advocate, Colorado
5. Mark Cuban- Pissant Sports Owner
6. Stephen Bing- Hollywood Real Estate Heir
That is just a few. these men thru dummy trading accounts could manipulate any market.