Skip to comments.March 4, 2010: Who's Really Behind the Financial Crisis?
Posted on 11/13/2010 5:22:39 PM PST by bronxvilleEdited on 11/13/2010 6:33:57 PM PST by Admin Moderator. [history]
The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole.
(Excerpt) Read more at expertclick.com ...
Book Reveals How Short Sellers Engineered Economic Collapse and Pocketed $11 Trillion
Meawhile crops continue to grow. Cows, chicken and fish multiply. There are any number of neighbors whose expertise and gifts are worthy of purchase and/or barter.
I’d be content to barter with my neighbors the rest of my life while watching Soros and his ilk die rich and unhappy.
I’d agree with you if one was left alone to pursue it but that’s not what those rich and unhappy manipulators have in store for us.
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Is this what is called “naked short selling”?
A veritable who’s who. Thanks.
Soros is scarier than any of the make believe villains in the Bond films.
If they are not content to let us use the resources betowed upon us by our Maker they (and their enablers) could very easily die soon and unhappy.
Here are links to a 2-part FoxNews Glenn Beck Show on George Soros...
Glenn Beck Show- November 9, 2010:
Glenn Beck Show- November 10, 2010:
I'm fine with:
1. The Banking Queen.
2. The former Chris Dodd.
3. The former ACORN, featuring Obama.
4. The Boston Fed.
This is what they do...
David Einhorn et al make me sick to my stomach...
They attacked Allied which was then bought by Ares for a song. Ares is a sub of the Apollo group - Leon Black. I believe they’re a close affil of BlackStone Group. The Blackstone Group are full of Clintons ex-staffers - many on CFR. I think much of our problems, in every area, can be traced back to the Clinton/Gore admin.
Great - thanks. :)
The DE Shaw group is heavy into healthcare. They’re also into something else which I can’t offhand but I know he got a big reward from MacAuthur Foundation which means he’s working for the left. Paulson and Soros made a billion last year.
PS: I’ve observed that most of the Greek named companies usually track back to Leon Black, the Blackstone Group and Soros. The Blackstone Group always go to great length to explain how they came up with their name. I wonder why...:)
Numerous people at fault. The hindsight makes it exceptionally clear. Number one is Greenspan.
You might find this thread very, very interesting. George Soros ain’t alone.
I have two questions. When did the concept of short selling on the stock market first appear in practice? What would happen if we passed a federal law that prohibited short selling?
Very interesting indeed. Thanks for the heads-up.
I wonder if anything can be done about any of this before 2013, or if trying to reduce the deficit and get rid of crippling taxes and regulations are the best we can do to get back from the precipice until Obama is gone.
I can't precisely answer the first, but I can say it's been around since at least the nineteenth century (in the U.S.).
As for the second: the SEC actually prohibited short selling on sixty or so bank stocks back in late October- November of '08. They still gyrated around despite that 'safety net'. I remember watching Fannie Mae one day when it dropped 50% in minutes. That was during the time when the short-selling ban on it was in place.
I point this out because it shows that a buyer's strike plus seller's panic can give you a hair-raising drop without any short sellers at all. Granted that it would be rare - I only remember one - but they're also rare with short selling permitted.
I’m surprised that someone hasn’t relieved Soros of the burden of a misspent life.