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Davos 2010: Soros calls for break-up of big banks
BBC ^ | Wed. Jan. 27, 2010 | Tim Weber, BBC News Editor

Posted on 01/28/2010 6:11:53 PM PST by BIOCHEMKY

Legendary investor George Soros has called for a radical break-up of banks that are "too big to fail".

(Excerpt) Read more at news.bbc.co.uk ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: banks; davos; davos2010; soros
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To: DoughtyOne

Maybe McCain and his camp felt that keeping those individuals who were McCain advisors on the staff of George Soros’ organization was considered as “infiltrating” the enemy????


21 posted on 01/28/2010 6:51:01 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: BIOCHEMKY

Of course Soros wants the banks cracked! Why? Because it would leave him as the biggest money player on the block. As it is, Chase for example is strong enough to at least somewhat impede his plans. Crack them, and he has freer reign to wreck our economy and currency. Not that he’s exactly failing with that as it is...


22 posted on 01/28/2010 6:52:49 PM PST by piytar (Ammo is hard to find! Bought some lately? Please share where at www.ammo-finder.com)
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To: ncalburt

http://www.fivethirtyeight.com/2008/09/todays-polls-918-obama-regains-lead.html

9.18.2008
Today’s Polls, 9/18: Obama Regains the Lead
by Nate Silver @ 7:30

On the strength of an abundance of state and national polling, Barack Obama has retaken the lead in our Electoral College projection. Our model now forecasts him to win the election 61.2 percent of the time; it also gives him a slight, half-point advantage in the popular vote. Yesterday, Obama was projected to win the Electoral College just 45 percent of the time, so this is a rather dramatic move upward.

How can the numbers move so sharply in just 24 hours? I have tweaked the model slightly at a couple of points recently in order to make it more sensitive to new information. But these adjustments are very minor, and their effects are fairly trivial. The principal reasons these numbers have become more volatile are twofold. Firstly, we’re finally getting into crunch time. The closer we get to the election, the smaller the true margins of error in the polls, so relatively small advantages can become more meaningful. But secondly, we have a lot more data to look at. If Barack Obama looks like he’s moved up a point or two between two or three polls, that may not be particularly meaningful, and our model will tend to treat it as noise. If, on the other hand, Obama appears to have gained a point or two between 20 or 30 polls, which is what we’re getting on a daily basis nowadays, we can say with more certainty that a real shift in the electorate has occurred.

This is not to say, of course, that every single poll contains good news for Obama. At least two current national polls (GWU/Battleground and Economist/YouGov) still have McCain ahead, and a couple more have the candidates tied. And there are nuggets of good news for McCain in some of the state polling:

Which of these numbers will McCain partisans like? The +3 from ARG in New Hampshire. The +7 in Virginia from National Journal. The virtual ties in Wisconsin, Pennsylvania and Iowa in the Big Ten poll. The +6 in Florida from SuvreyUSA.

And which will Obama partisans like? The +10 in Colorado from InsiderAdvantage (very probably an outlier, but outliers are OK when we’re able to average them in with other polls). The +3 in Indiana from Ann Selzer (although remember that Selzer polls have had a rather strong Democratic lean so far this cycle). Two polls showing Ohio drawing to a tie, and the same in Florida. The Michigan number from the Big Ten survey. The Oregon number from the Portland Tribune. Both of the New Mexico numbers. Maybe the Rasmussen number in New Jersey.

That is, by my count, 10 or 11 or “good” state polls for Obama and 5 or 6 for McCain. The job of our model is to see the signal through the noise. There is quite a bit of noise, with so many pollsters in the field in so many different states, and so many different factors affecting voter preferences. Everything from national news events to advertising blasts in individual states will impact these numbers — a really heavy ad buy in a particular state can sometimes move the numbers there by a couple of points, often only for no more than 24 hours.

But there is also some signal, and today it points toward Obama gaining a tangible amount of ground.

*-*

A lot of people have asked me to comment on the series of new polling put out by a consortium of Big Ten professors, and by the National Journal, respectively. Neither of these polls have any track record, and so there is no completely objective way to evaluate them; our model assigns any “unknown” pollsters a slightly-below-average rating. Neither has a statistically significant Democratic or Republican lean, from what we can tell so far.

I like the level of disclosure provided by the Big Ten polls, which have a complete set of cross-tabular results available. If you want to gain stature as a “new” polling outlet, that is the way to do it. The National Journal polls also provide a fair amount of supporting detail, although it is a bit more cumbersome to navigate through. Nobody takes politics more seriously than the boys at the National Journal, so you can assume that there was a lot of thought given to their methodology. I do wish, however, that they had elected to go with sample sizes larger than 400 persons, which will produce erratic results even if you’re doing everything else right.

YOU TELL ME WHAT HAPPENED 09-18-08...


23 posted on 01/28/2010 7:01:38 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: Ghost of Philip Marlowe

“Break them up into little mini-banks (”Big Banks”) and the iron fist can clench around them fast and hard.”

I REALLY don’t like the sound of that, but I can already “see” that you are likely correct about this....

IYHO, WILL there be a mid-term election in the US this fall?


24 posted on 01/28/2010 7:04:14 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: BIOCHEMKY

Well, I could buy that if it weren’t for the public statements of some of them. It would also be a lot easier if Soros wasn’t the funding source behind the campaigns for some of McCain’s co-authored (with Democrats) leftist legislation.


25 posted on 01/28/2010 7:04:22 PM PST by DoughtyOne (God, Family,HeyFriends, Home, Town, State, the U.S., Conservatism, Free Republic & a dollar a day...)
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To: BIOCHEMKY

WARNING! WARNING! WARNING!.....remember.. ‘Soros’ is most famous in the UK as the “the man who broke the Bank of England” for his role forcing the pound out of Europe’s exchange-rate mechanism in 1992.”

...and Europe wasn’t the only system, he has manipulated financial institutes worldwide....to their fall...He is not to be trusted one bit!


26 posted on 01/28/2010 7:09:28 PM PST by caww
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To: Ghost of Philip Marlowe

“The assumption is that Soros yanked the original amount that led to a run by the end of the day...”

I PERSONALLY also remember very distinctly that Warren Buffet figured VERY prominently in the “market manipulation” in the days of in the week of Sept. 12-19, 2008.


27 posted on 01/28/2010 7:09:40 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: combat_boots

“Control the gold and make the rules.

OBJECTIVE: OVER-lord of all.”

Now I am absoolutely SURE I won’t sleep.....EVER again....


28 posted on 01/28/2010 7:11:00 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: BIOCHEMKY

29 posted on 01/28/2010 7:16:54 PM PST by higgmeister ( In the Shadow of The Big Chicken!)
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To: BIOCHEMKY

...”500 US banks who staged a simultaneous run on the Fed on Sept. 18, 2008 to crash the US financial markets and put a lock on an Obama win in the Presidential Election”....

I’d love to know the names of those who were party to this...I knew there was a run when it happened but who? Of course Soros might have well been the one who gave the “order”, so to speak, but who else specifically has the power to move the money that was, “electronically” moved???


30 posted on 01/28/2010 7:18:01 PM PST by caww
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To: piytar

Other than installing Bill Clinton as the next UN Secretary General, what is Soros’ ULTIMATE objective?

What is Soros’ ethnicity and religion?

Here’s an interesting website...

The Obama New World Order Threat

http://www.visionrevisited.com/Obama-New-World-Order_2/Obama-New-World-Order.htm?gclid=CNrsodXQyJ8CFQ1mswod4hr10Aand an excerpt:

“The report also implicates not only Barack Obama but also Javier Solana of the European Union, Prince Charles of Wales, Queen Beatrix of Netherlands (daughter of Prince Bernhard, founder of the Bilderberg Group) and Prince Hassan of Jordan (Head of the Club of Rome)

The report implicates a secret network of people who all know each others world roles and who are acting independently publicly, but are coercing a plan behind the public scene to use their powers of influence to take the world to a new level of world regulation.”

Should I get my tinfoil hat or did you get goosebumps too?


31 posted on 01/28/2010 7:19:25 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: Oceander

Take a hard look at the Mid-East cash flow to Boo as he ran...and the money that was also money laundered to him from there. Even Hamas sent money to Bo’s coffers!


32 posted on 01/28/2010 7:20:51 PM PST by caww
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To: BIOCHEMKY

I wouldn’t doubt it. But if I had to suspect one of the two, I’d throw the switch on Soros. He is a purely evil communist.


33 posted on 01/28/2010 7:20:59 PM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: BIOCHEMKY

I don’t see why not. It would take a massive catastrophe to prevent one.

As I’ve been predicting, I think the unbridled arrogance of the leftists in charge is that they have amnesty in early 2010 up their sleeves. Their attitude is, “You’ll take it and you’d better learn to like it. Because even if you try to vote us out, we have more than enough votes to keep us in.”

The MA vote through Obammie and his Commmies into a spin. They are pretending to run to the center in order to hold both houses through 2010. Don’t believe any of it. If they succeed, you will see Obammie the Commie unleash vengeance on the American people like you haven’t even been able to imagine. And both houses will support all he proposes figuring it is the last yard over the goal line to global communism.


34 posted on 01/28/2010 7:23:35 PM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: caww

“...who else [besides Soros] specifically has the power to move the money that was, “electronically” moved???”

I figure Buffet was a “go-to” guy for some of the electronic movement because he gained so handsomely that fateful week. Each time a stock bottomed out, Buffet bought at a very very very discounted price per share.

I do remember hearing that the “regular” traders on Wall Street knew immediately that a manipulation had occurred and that was because the odds of it happening “by accident” were astronomical (NOT within the realm of the possible).

I seem to also recall there being talk of off-shore “orders” that also figured heavily in the events of that week.


35 posted on 01/28/2010 7:27:02 PM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: BIOCHEMKY

My personal opinion is Soros likes to literally “play” with people and countries like toys in a kids toy box. But he is a big time globalist..and player.

So,..set up world order with his man in place or one close to that man so that he can continue his game as close to the top as possible to that seat of world power.

Soros could never hold this power himself..he’s too old and too distrusted, so he works behind the scenes with what forges power....money..and that he has, as well as power over those who also have.


36 posted on 01/28/2010 7:37:09 PM PST by caww
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To: BIOCHEMKY

The off-shore “orders” may well have been the middle-east players, who have so much money in the worlds banking systems they can and have made threats to pull their funds, in order to get the advantages they seek.


37 posted on 01/28/2010 7:41:00 PM PST by caww
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To: BIOCHEMKY

The off-shore “orders” may well have been the middle-east players, who have so much money in the worlds banking systems they can and have made threats to pull their funds, in order to get the advantages they seek.


38 posted on 01/28/2010 7:41:26 PM PST by caww
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To: BIOCHEMKY
Soros; Obama; politics; satire
39 posted on 01/28/2010 7:49:22 PM PST by Flag_This (ACORN delenda est)
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To: BIOCHEMKY; waterhill; mylife
I just ran outside with my guns and no one else was there ..........

Is it time yet ping?

40 posted on 01/28/2010 7:54:55 PM PST by Envisioning (Proud "Right Wing Extremist" per the DHS.......)
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