Something Fishy

Recently several pundits proclaimed the US is officially in a recession (even though we've not had the requisite repeated quarters of non-growth).  Our government's complicity in this so-called recession is one thing, but the root of the problem may be put at the feet of something other than the inefficiency of our governmental bureaucracy. 

Food costs are skyrocketing.  Part of the reason is due to the wrong-headed ethanol subsidies our government is gifting corn producers.  With more corn going into ethanol, costs to use corn in other products from feed for livestock to making corn flakes or tacos skyrockets. Fuel costs adds to the cost of food, as gas prices soar the cost to transport food commodities also soars! 

The futures marketsare soaring.  Could it be an individual, or a group?  Is someone playing games with out economy?  I don't believe it is just Nasty Pelosi, she who must certainly hates to be an American.  I truly believe it goes far beyond this grandmotherly figure from the land of fruits and nuts.  From MoveOn.org to the funder of all things liberal, there is something very fishy going on.  It's not like he's not pulledsome fishy shady/illegal stunts in the past;

"Following his impressive claims to possession of a "Midas touch," Soros has let his name be publicly used in a blatant attempt to influence world financial markets—-an out-of-character act for most financial investors, who prefer to take advantage of situations not yet discovered by rivals, and keep them secret. Soros the financier is as much a political animal, as a financial speculator.

Soros proclaimed in March 1993, with great publicity, that the price of gold was about to rise sharply; he said that he had just gotten "inside information" that China was about to buy huge sums of gold for its booming economy. Soros was able to trigger a rush into buying gold, which caused prices to rise more than 20% over four months, to the highest level since 1991. Typically for Soros, once the fools rushed in to push prices higher, Soros and his friend Sir James Goldsmith secretly began selling their gold at a huge profit.

Then, in early June 1993, Soros proclaimed his intent to force a sell-off in German government bonds in favor of the French, in an open letter to London Times Financial Editor Anatole Kaletsky, in which Soros proclaimed, "Down with the D-Mark!" Soros has at various times attacked the currencies of Thailand, Malaysia, Indonesia, and Mexico, coming into newly opened financial markets which have little experience with foreign investors, let alone ones with large funds like Soros. Soros begins buying stocks or bonds in the local market, leading others to naively suppose that he knows something they do not. As with gold, when the smaller investors begin to follow Soros, driving prices of stocks or whatever higher, Soros begins to sell to the eager new buyers, cashing in his 40% or 100% profits, then exiting the market, and often, the entire country, to seek another target for his speculation. This technique gave rise to the term "hit and run." What Soros always leaves behind, is a collapsed local market and financial ruin of national investors."

Soros has manipulated our politics with all of the money he's put into the far left organizations like moveon.org, what's to stop him from manipulating our economy?

 

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Comments

  • 4/16/2008 10:07 PM Olga Callins wrote:
    We heard a few years ago that Soros destroyed the British economy. Why was that not a red flag for our government? Why was he allowed into our country?

    I do believe that person in Athens, who told me in 1950 that we Americans are "stupid". I didn't believe it then but I do now.
    Reply to this
  • 4/17/2008 9:52 AM DagneyT wrote:
    Gullible may be a better word for us.
    Reply to this
  • 4/21/2008 5:57 AM Rosemary wrote:
    He destroyed the Russian economy, also. I won't say that someone should destroy him, but I wouldn't shed any tears. (I just showed you how the Clinton's get away with insulting people without getting blamed for it. lol)

    If this is a duplicate comment, please dump it. It just came back as if I didn't do it correctly. Oh well.
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