Posted on 03/25/2009 5:20:48 AM PDT by AJMCQ
Hedge fund manager George Soros says he has finally found his footing in Washington.
A pariah under the Bush administration and largely overlooked by Clinton, Soros says that "at least I will get a hearing" in Washington now.
Soros plans to use the opportunity to advocate radical regulatory and financial reforms that would rein in financiers — including himself.
"It is, in a way, the culminating point of my life’s work," Soros told The Australian News.
"The American election, the financial crisis … it is actually a very stimulating period.”
Soros wants Washington to loosen its grip on the International Monetary Fund; co-ordinate macroeconomic policies between national governments; and create new international banking and market regulatory regimes that oversee derivative financial products and curb speculators.
He knows this will be a hard sell but remains hopeful.
“I am actually fairly optimistic because the problems are recognized and certainly the new team in America understands things pretty well the same way as I do,” Soros notes.
“And I think (British Prime Minister) Gordon Brown does.”
The problem, Soros says, is that what policymakers fear actually has to happen before they take action, which is why it remains likely we will experience more financial crises.
(Excerpt) Read more at moneynews.newsmax.com ...
I have never prayed harder in my life, ever, like the last few months
this is chilling,
this cold, disturbed man’s vision of world domination may finally come true through the demise of American values
“Get a hearing?” Hell, he paid for the Obamessiah’s election, with his tens of millions of laundered “grass roots” (wing wink) anonymous credit card donations.
Still having dreams about his plane going down in the middle of the ocean.
BWAHAHAHAHAHA! Sure Herr Schwartz! Isn't it hilarious that his wikipedia entry lists this nefarious Nazi collaborator a "philanthropist"?
"Now that I've made my billions, I want to make sure noone else gets through that door."
Exactly what I was thinking....Soros and Obama are probably thick as thieves.
Sure Soros will get heard in Washington. He bought and paid for the privledge by puchasing the election for his stooge, NObama.
There are a lot of regulations on the books already, but the SEC is not diligent in enforcing them. Reminds me of campaign finance reform. What good is making new laws when the entity that is supposed to enforce existing laws doesn’t do it?
Soros is right in that there does need to be more regulation in the derivatives market. There are some good ideas out there about how to regulate the derivatives market. This guy has a few:
http://market-ticker.denninger.net/
"The American election, the financial crisis … it is actually a very stimulating period.”
The curtain has been pulled back, not that there was ever any doubt about who is behind it all.
“Still having dreams about his plane going down in the ocean.”
Which one...
Soros is as close to Dr Evil to anyone I have ever seen. He even looks a little like he belongs in an underground lair surrounded by his machine gun toting minions.
That says it all, we all knew he was behind this
Ocean? Doesn’t matter, but I believe the Atlantic.
Plane? Again doesn’t matter as he’s on it when the catastrophic failure occurs.
There are certain Congresspeople, those deeply involved in the economic collapse and now going on offense to cover up for themselves, that need “involuntary term limits”.
This is chilling and Soros has set up this whole financial debacle. Soros wants to continue to see it go down in flames so Obama (which he owns) can establish a gov’t that will take the U.S. out of the mix of world domination in economics and the military.
That is why Obama is saying this thing is going to take time to get out of this. Obama knows his window of opportunity is now when this financial crisis is going on and he owns Congress.
I ask for freepers to pray during this time because Satan has his grip on this nation like never before.
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