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expatriate's picture
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Soros Making Billions Off of Crisis

So in the midst of all of this outrage over AIG executives that actually expected to receive the compensation they'd been promised, let's consider George Soros.

Over the last several years, Soros has pumped millions of dollars into the Democrats and various liberal organizations aiming to end what he called the "Bubble of American Supremacy."

And now that our economy is tanking, fueled by billions of bad debt arising from Democrats pushing banks to lend to high-risk borrowers, Soros is making billions off of hedge funds.

The man pushed the Democrat agenda forward, bet on failure, and is now cleaning up.

Liberals are furious and making death threats over $165 million in retention bonuses being paid to employees. But here is a man who made $1.1 billion off of failed businesses and mortgages last year. AIG executives tried to succeed and failed. Soros tried to fail and succeeded.

I particularly like the part where he referred to the financial crisis as "stimulating" and the culmination of his life's work.

Where is the liberal outrage? Oh, yeah...he's a liberal. Move along; nothing to see here...

http://www.dailymail.co.uk/news/worldnews/article-1164771/Im-having-good...

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Location: California
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Soros Making Billions Off of Crisis

The double standard of the left yet again. Why am I not surprised.

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Soros Making Billions Off of Crisis

Bunny why not say something or don't post.

Sorros is making money because he bought short. If you don't understand short selling you shouldn't be talking about the markets.

Long term short sellers actually provide a form of insurance or a way to hedge ones bets. Not to be confused with naked shorting or buying when headed down.

Sorros saw that we were building a house of cards, and bet on it. It doesn't take genius to see what was being done over the past few years was a colapse waiting to fall, but it did take courage to stake your fortune on it.

Soros didn't try to fail, he bet that our financial system was going to fail, and it did. AIG caused our financial sytem to fail, now we give them welfare. Soros might just be right about a few other things, he's not crying about million dollar handouts from the taxpayer.

expatriate's picture
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Soros Making Billions Off of Crisis

I don't disagree with your assessment of how Soros made his money.

But the fact of the matter is that Soros paid for the architects that built the house of cards. He used his fortune to put people in power that wanted to build with cards instead of steel and concrete. And when they did, he bet that the house would collapse. This is a guy who invested heavily in a political party that pushed the fiscal policies that crippled our country with bad debt.

What Soros did is what's known in the sporting world as "throwing the game" or "fixing the fight." By doing so, he cleaned up over a billion dollars. It doesn't take courage to bet on failure; it's easier to make a company fail than it is to make it succeed.

It seems the height of hypocrisy for you to say that an executive from a failed company should be "breaking rocks in a bad jail", while defending a globalist billionaire who worked to intentionally precipitate this crisis in order to reduce American power and line his own pockets with cash.

So why aren't you outraged?

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Soros Making Billions Off of Crisis

baloney. Soros did no fixing of the game. This is all just your warped opinion based on black helicopters descending from the sky, where's my tinfoil hat.

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Soros Making Billions Off of Crisis

As usual Civet when you are out of ideas, logic or intelligent responses you resort to snarkiness and derisive B.S. Your telling Me to say something or not post and you write this? I'll take that as your way of saying you lose and you know it. Your just not man enought to say it but we've come to expect that of you.

expatriate's picture
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Soros Making Billions Off of Crisis

It's his way of saying, "I'm intellectually vapid and you've just exposed my position as untenable. Since I'm unable to present an intellectual argument, I'll spew out insults and sarcasm and declare myself the victor."

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Soros Making Billions Off of Crisis

Well it certainly turns out that Soros was right about the economy. You can complain about him making money off it all you want.

Your nutty conspiracy theories ignore the fact that the economy tanked before the people Soros backed came to power. Duh.

I"m sorry but when you make nutcase arguements I'm goint to laugh.

I"m sorry I'm of the reality based community, we don't just make things up, you should be prepared to deal with people like me if you venture outside the confines of extreme right wing self deceptiondom.

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Soros Making Billions Off of Crisis

PS Market up 20% in March already. It's called the Obama rally. Largest rally in such a short time span since 74.

expatriate's picture
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Soros Making Billions Off of Crisis

Light bulbs get real bright just before they go out. Don't confuse short term with long term. Spending yourself out of debt doesn't work in the long run -- and we're not the only ones to think so.

http://www.timesonline.co.uk/tol/news/politics/article5971296.ece

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Soros Making Billions Off of Crisis
Quote:
we're not the only ones to think so.

Well I guess not, first drudge links to Murdoch then Expatriate links. Daily Kos is much more reputable. All of your sources are the same one, News Corp.

Why not read a real news source?

http://en.wikipedia.org/wiki/The_Times

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