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Soros calls Wall St profits ‘gifts’ from state
FT ^ | October 23 2009 | Chrystia Freeland

Posted on 10/23/2009 8:54:50 PM PDT by Palin Republic

The big profits made by some of Wall Street’s leading banks are “hidden gifts” from the state, and taxpayer resentment of such companies is “justified”, George Soros, the fund manager, said in an interview with the Financial Times.

“Those earnings are not the achievement of risk-takers,” Mr Soros said. “These are gifts, hidden gifts, from the government, so I don’t think that those monies should be used to pay bonuses. There’s a resentment which I think is justified.”

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; Politics/Elections
KEYWORDS: bailouts; dollar; renminbi; soros
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Say what you will about the man, Soros isn't going to let this crisis go to waste.

And he's right, these profits are just our bailout money laundered into the pockets of the bankster criminal class.

1 posted on 10/23/2009 8:54:51 PM PDT by Palin Republic
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To: Palin Republic
Does Soros smoke dope?
2 posted on 10/23/2009 8:55:59 PM PDT by Just mythoughts
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To: Palin Republic

Soros put Obama in office and played a key role inciting the banking crisis.

He knows this and always plays both sides of any financial fence he sets up.

He does want to collapse various state sovereignties such as Britain and America. He has done that with impunity.


3 posted on 10/23/2009 8:57:31 PM PDT by lonestar67 ("I love my country a lot more than I love politics," President George W. Bush)
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To: Just mythoughts

Does Soros smoke dope?

>>

Who knows...but one day this evil bastard will “smoke” in hell or some such place. He will get his due.


4 posted on 10/23/2009 8:58:40 PM PDT by unkus
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To: Palin Republic

I assume Soro’s Billions of dollars are also a gift.
We want it back.


5 posted on 10/23/2009 8:58:41 PM PDT by o_zarkman44 (Obama is the ultimate LIE!)
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To: Palin Republic

The greatest threat to freedom is people like Soros. He seeks control.


6 posted on 10/23/2009 8:58:49 PM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: unkus
Who knows...but one day this evil bastard will “smoke” in hell or some such place. He will get his due.

This latest bit of dark sayings has the sound of a double mind. And since he has spent a fortune in pushing pot legislation I wondered if he himself was a user. Yes I do agree he will one day get to be held account for the .ell on this earth he has caused.

7 posted on 10/23/2009 9:02:37 PM PDT by Just mythoughts
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To: AppyPappy; Palin Republic
The greatest threat to freedom is people like Soros. He seeks control.

He is a Marxist all too willing to exploit any situation in order to foment his dream of global revolution.

8 posted on 10/23/2009 9:13:12 PM PDT by lightman (Adjutorium nostrum (+) in nomine Domini)
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To: Palin Republic

Dangerous dangerous way of thinking: that anything is a gift from “the state.” That leads to the notion that things shouldn’t be a gift from the state, but earned from the state? Or by extension, everything comes from the state. That is socialism pure and simple.


9 posted on 10/23/2009 9:21:04 PM PDT by ThunderSleeps (obama out now! I'll keep my money, my guns, and my freedom - you can keep the change.)
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To: Just mythoughts
Does Soros smoke dope?

I wish he would smoke cyanide. He is the most evil man on the planet.

10 posted on 10/23/2009 9:31:33 PM PDT by unixfox (The 13th Amendment Abolished Slavery, The 16th Amendment Reinstated It !)
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To: Palin Republic

III %er bm


11 posted on 10/23/2009 9:33:06 PM PDT by robomatik
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To: Palin Republic
"he's right"

If Soros is right, then let him show it by demonstrating how the system works so that it makes one the inevitable outcome of the other. Just because the two events happened jointly, it does not follow that they are necessarily joined (Cum hoc ergo propter hoc).

12 posted on 10/23/2009 9:39:57 PM PDT by YHAOS
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To: unixfox

It is most curious to me that the one person most responsible for funding socialism take down in this nation also has pushed promoted and funded legislation making pot legal.

There has to be a profit margin for him in there somewhere.


13 posted on 10/23/2009 9:42:38 PM PDT by Just mythoughts
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To: Palin Republic

May your stay here be justifiably short.


14 posted on 10/23/2009 9:47:00 PM PDT by TankerKC (I have a healthy respect for earned, properly exercised, authority.)
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To: lightman

He is a Marxist all too willing to exploit any situation in order to foment his dream of global revolution.

You watch, he will short the market down to about 7500...make a zillion and leave.


15 posted on 10/23/2009 9:49:21 PM PDT by oust the louse (This Country now has a smelly BO problem.....)
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To: Palin Republic

Put your $$ where your pie hole is Dr SO.

Pray for America and Our Troops


16 posted on 10/23/2009 10:00:14 PM PDT by bray (Hope and Corruption)
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To: Palin Republic

I don’t mean to sound negative but ISN’T HE EVER GONNA DIE?


17 posted on 10/23/2009 10:04:10 PM PDT by ChinaGotTheGoodsOnClinton (To those who believe the world was safer with Saddam, get treatment for that!)
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To: Just mythoughts
This latest bit of dark sayings has the sound of a double mind. And since he has spent a fortune in pushing pot legislation I wondered if he himself was a user. Yes I do agree he will one day get to be held account for the .ell on this earth he has caused.

I believe he's pushed pot legislation because he's involved in drug running. Just my opinion.

18 posted on 10/23/2009 10:13:29 PM PDT by c-b 1 (Reporting from behind enemy lines, in occupied AZTLAN.)
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To: TankerKC
Shoot the messenger much?

Why so upset to hear Soros speak the truth?

Does it have something to do with this:

Bush signs $700 billion financial bailout bill

President promises quick but ‘deliberative’ action to rescue Wall Street

President Bush Pushes Bailout Plan; House Republicans Resist
http://freerepublic.com/focus/f-news/2091271/posts

19 posted on 10/23/2009 10:20:54 PM PDT by Palin Republic (Palin - Bachmann 2012 : Girl Power!)
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To: Palin Republic
ugh..GWB was a fool for this...Comfort..G Soros will die soon just like his communist predecessors.
20 posted on 10/23/2009 10:50:19 PM PDT by hope
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