Posted on 03/25/2009 11:53:27 AM PDT by pissant
A hedge fund manager who predicted the global credit crunch has said the financial crisis has been 'stimulating' and the culmination of his life's work.
George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse.
Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the gloabal storm.
But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion.
(Excerpt) Read more at dailymail.co.uk ...
where are the ACORN protest tours of his home??
Now it makes sense as to why Obama was talking down the market; Obama & the Democrat’s best Campaign contributor was making billions every time Obama drove the market lower.
It easy to predict something you make happen.
He didn’t orchestrate the crisis.
He watched it develop. A guy like Soros understands a fool like Greenspan and the Fed hacks easily led by their idols in “business” urging approval of such things as CDOs.
How old is this rat bastard? He’s about due for an old-age expiration, right?
He’s rich enough he can probably prolong his life.
Hey George! Is it more fun than your other “great time” when you were turning Jews over to the Gestapo?
the marxist mother*****r started it all to get his buttbuddy O’bambam elected....
of course he made money, he set the paradigm.
Id be willing to bet that except for gold and silver -- Obamas key handler (Soros) is short every U.S. market and has his boy talking the markets down every day.
There would be no crisis if they had let some of these criminal enterprises collapse and declare bankruptcy.
· This just in.
Based on their success in stealing the 2008 election, ACORN has changed its name.
The catchy new acronym is defined below.
Commies
On a
Rampage
Now
Have
Obama
Leaving nearly
Everyone
Really
Screwed
This, as you can see, spells CORNHOLERS. The leadership of the group formerly known as ACORN felt this was a more descriptive name given what they did to the rest of us in November of 2008.
They suggest all affected Americans also learn another acronym familiar to most veterans: BOHICA.
Bend
Over
Here
It
Comes
Again.
Film here:
http://www.youtube.com/watch?v=Yp7lGqWRnls
Is this idiot even an American citizen?
Funny, it looks like the vast majority of the crisis came from fear over what a socialist like Obama might do and then fear over what Obama the Socialist was doing. Obama turned what should have been a much smaller correction into a national disaster. Since Soros created Obama as a national candidate, I'd say Soros deserves credit for a profitable and successful investment in manipulating our election process.
ROT IN HELL SOROS
The vast majority of the crisis began in the 1990’s and continued over the years with deregulation and the approval by the Fed of derivatives and other exotic paper. Then, there is the deficit spending cloaked because, to date, foreigners were saving our dollars.
Soros does not control Obama now. Its the Goldman Sachs types.
“There would be no crisis if they had let some of these criminal enterprises collapse and declare bankruptcy.”
Exactly.
But Geithner is part of the bad culture—new exotic finance couple with deregulation. He will do everything to save it, especially the bailout of derivatives.
We already paid over $100 billion out to foreigners that invested in these fraudulent holdings.
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