Posted on 03/16/2009 8:30:41 AM PDT by AJMCQ
No doomster was more feted at Davos this year than George Soros, who has been grimly predicting financial apocalypse for decades. "After the boy cried wolf three times, the wolf finally came," he told The Wall Street Journal last year. Reviled and distrusted for years as The Man Who Broke the Bank of England, even Soros's most trenchant critics seemed happy to glance over reports that his Quantum Fund has been shorting the pound again to concentrate on his new role as a prophet.
Soros, now 78, is surely "the greatest speculator of the age", says the Evening Standard. His punt against the pound in 1992 earned him £1bn. But it was the follow-up bet against the Thai baht in 1997 that secured the most death threats. Soros has lived under the threat of physical attack ever since – and not just from burned-out Asian Tigers. His high-profile campaign to stop the re-election of George W Bush in 2004 made him a hate figure among the US far right, who accuse him of "wrecking civilisation for profit". He is "the face of evil", noted one blogger. "Why the hell hasn't this asshole been assassinated yet?" Much of the invective boils down to a rehash of cod Jewish conspiracy theories. But Soros has been demonised so effectively in the States, says the FT, that "he kept fairly quiet about his support for Obama, lest the association hurt his candidate".
(Excerpt) Read more at moneyweek.com ...
George Soros; making a bundle off of 911, destroying marlets and turning your fellow Jews over to the NAZIs - Your mother must be so proud.
What does it profit a man, to gain the whole world and lose his own soul?
If he made 10% last year he is a genius.
I kinda figure Frank and Dodd are now willing to reverse the rule on short selling back to the price uptick requirement only because Soros has just about cashed in on all his shorts and he gave them the go-ahead.
Funny his company is not registered in US and subject to US laws.
Soros is an EVIL SOB.
George Soros is a one worlder the same way that Asolf Hitler was a one worlder and that should be a scary thought to any individual who cherishes freedom liberty and independence.
In a perfectly just world, this bastard would have been tried and executed for treason. As TGO Mark Levin would say, “There , I said it”.
“If he made 10% last year he is a genius.”
Like I said, it’s pretty easy to make money when you (or your puppet) are the ones controlling the markets and manufacturing the crisis.
How is this guy still breathing?
Soros’ sold Indymac Bank short just before his buddy on the Senate Banking Committee, Chuck Schumer, caused a run on the California Bank... Guess who then bought it back:
http://www.americanthinker.com/blog/2009/01/look_whos_buying_indymac.html
Though I think his theory of reflexivity regarding market forces is loopy as hell and in general he is a vile human being, his call of the super bubble that began to precipitate in the mid 80s was dead on.
He was able to ride the highs all through the 80s and 90s and begin shorting on massive scales after the turn of the century. He claims that in the last 3 years that he has been a passive market participant but he has hinted in his latest book that when he saw housing and leverage indicators roughly 4 years ago, he saw “reasons to short”. Translation? He took a huge chunk of his funds via subordinates and shorted the hell out of everything.
Yes, in this respect, he is a genius, he knows human nature like the back of his hand and is thus a very wealthy man. Vile...but wealthy.
When Soros and Rogers say something, I have a feeling that they have already placed their bets. They should be asked to do a full disclosure first, and if the lie, no more interviews
Good question.
How about a third choice...”Evil incarnate”?
Soros should be investigated by our FBI as well as many other international law enforcement agencies for money laundering, insider trading and other financial schemes and scams.
Both.
People don’t have to confess anything.
What’s the difference in a salesman, or an executive, pushing his product, or Steve Jobs whipping up hype, and Rodgers or Soros trying to get people to go the way they have already gone ahead and speculated upon?
If you shorted oil and then start predicting gloom and doom on oil prices people need to know how much of your money is at stake. With Steve Jobs you know he wants you to buy the iPod and you know that he profits from it.
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