Posted on 10/20/2008 6:03:07 PM PDT by NormsRevenge
NEW YORK (Reuters) – Billionaire investor George Soros said on Monday that the length and depth of the U.S. recession will depend on who is the next U.S. president and the policies he puts in place to react to any slowdown.
A series of grim economic reports in recent weeks have made clear that even if unprecedented government measures to stabilize banks succeed in restoring lending, the economy has been seriously damaged. Many analysts agree that the United State is in recession.
"The range of possibilities is very wide," Soros said of how long a recession will last. He was speaking at a panel held by The Earth Institute at Columbia University in New York.
His views on public policy are more closely aligned with those of Democratic candidate Barack Obama than Republican hopeful John McCain.
Soros, who had supported Obama during the Democratic primaries, added the recession will hit the broader U.S. economy severely.
(Excerpt) Read more at news.yahoo.com ...
Psst George, I have this great idea but need capital investors.
I don't see a poor economy....not yet anyway....
What Soros means to say is that he will manipulate the markets differently, depending on who is President.
Look at the business section of any newspaper. It's everywhere.
this is not a prediction
It’s a threat
Threat. Soros does his best bin Ladin imitation.
Ya George....I’m hoping your $50 Million investment in B.O.’s campaign, will be as meaningless in your $30 Million in 2004.
Soro's experience with performing political coups through economic manipulation should make his suspect of economic terrorism.
It makes me almost want to believe this "economic crisis" is an international socialist conspiracy, a War on Capitalism, a gathering of wealth from the little man to the elite, with Obama as the "Manchurian Candidate".
the manufacturing and Mom and Pop business nature of the American dream have been replaced by megalopolies from transportation to retail sales to fast food.
Soros solution to the economic crisis ? Socialism ! Hence his support for Obama or the nearest Communist.
It is a threat - he’s backing off of his statements to HuffPo Oct. 12th the “end of the financial crisis could be in sight.”
http://www.newsmax.com/insidecover/soros_us_economy/2008/10/13/139950.html
McCain is gaining in the polls now and he’s throwing this “prediction” out today.
This guy is pure evil. I’m betting that the stock market will explode up when McCain wins.
At least BJ Billy keep the DC hookers employed. That's Presidential intervention.
It’s a threat"
That was my first thought also.
And all wars are economic in motive. 9-11 was intended to topple the US economy. If I wake up to an Obamination the morning after the election , I will have the same erie feeling as I did the morning after after 9-11
Soros needs to be perp walked to the nearest jail cell.
I was thinking it would be a shame if he got crosshaired
This a-hole needs some justice.
So the omnipotent El Hedge Fund One has given his endorsement of the omnipresent Obamassiah.
Soro’s experience with performing political coups through economic manipulation should make his suspect of economic terrorism.
It makes me almost want to believe this “economic crisis” is an international socialist conspiracy, a War on Capitalism, a gathering of wealth from the little man to the elite, with Obama as the “Manchurian Candidate”.
the manufacturing and Mom and Pop business nature of the American dream have been replaced by megalopolies from transportation to retail sales to fast food.
Sounds like “A left Behind” movie.
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