Soros Warns of Market Crash

Money News ^ | 04/15/10

[Vaquero]

Soros Warns of Market Crash

this c*** s****r should know....

....he orchestrated it.

[WayneS]

I’ll bet.

I’ll also bet that if he wanted to he could provide the exact date and time when this “crash” is going to occur.

[TigerLikesRooster]

it should at least mean we have another eight years to go before the next crash.

OK. 8 more years of another superbubble? He really wants TEOTWAWKI.

[windsorknot]

And Georgy Boy should be given credit for helping to set up the crash.

[CreviceTool]

From the San Francisco Chronicle:

Soros is a behind-the-scenes despot. He is an evil man who has used his wealth to further all the causes the Democrat Party holds dear.

He was also a Nazi sympathizer. In his autobiography, entitled “Soros on Soros,” he blithely describes how as a teenager he helped cart off the possessions of Hungarian Jews after they were sent to concentration camps. Soros wrote that this never bothered him, even though his father was Jewish and he grew up in a Jewish home. He says he has no regrets for his actions. “Somebody would have done it,” he wrote.

[Diogenesis]

Can you say DNC- and Soros- PLANNED October Surprise"? Of course you can.

PART 1: - Incredible, proven, systematic, pro-Clinton, pro-Obama, pro-RINO, media Bias.

PART 1: - Endless Loans to Illegal Aliens, and then the Gambling Bankers without Accountability

---

PART 2: October Surprise to THROW Election2008, driven by Paulson/Geithner/Dodd/Obama and the so-willing MSM.

Rep. Kanjorski: $550 Billion Disappeared in "Electronic Run On the Banks"
"On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve
noticed a tremendous draw down of money market accounts in the USA
to the tune of $550 Billion dollars in a matter of an hour or two.
Money was being removed electronically. The treasury tried to help with $150 Billion.
But could not stem the tide. It was an electronic run on the banks
The treasury intervened but had they not closed down the accounts they estimated that by 2 PM that afternoon.
Within 3 hours. $5.5 Trillion would have been withdrawled
and collapsed and within 24 hours the world economy."

---

FLASHBACK: from 9/15/08:

“U.S. President George W. Bush said Monday he is confident
that the markets are resilient and can deal with the latest financial blows.
“We are working to reduce disruptions and minimize the impact
these financial market developments on the broader economy.” ...

U.S. Democratic presidential candidate Barack Obama
said eight years of Bush “brought us the most serious financial crisis
since the Great Depression.”

His Republican rival said John McCain said he was happy the
federal government decided not to use taxpayer dollars to bail out Lehman Brothers.”

How did Obama know THEN
that we would experience the ‘most serious financial crisis since the Great Depression’
when those who did not plan the takeover would not know for three more months?

[rightwingextremist1776]

WHY is this guy still processing oxygen?

[Dallas59]

He should be taxed 85% percent more.../s

[izzatzo]

Indications of a man without a soul/conscience.

[TigerLikesRooster]

The guy is a soulless control freak.

[bmwcyle]

As Soros pushes from the sideline.

[Wyatt's Torch]

“We have added to the leverage by replacing private credit with sovereign credit and increasing national debt by a significant amount.”

Not sure I can disagree with this...

[Fresh Wind]

Title correction:

“Soros Announces Plans For The Next Market Crash”

[TigerLikesRooster]

Right, but initially he fully backed bailout, if my memory serves right. Now he is changing his tune.

[EBH]

“We have added to the leverage by replacing private credit with sovereign credit and increasing national debt by a significant amount.”

As much as we hate this man, he is correct with this warning. Sovereign credit has no business in the markets. Indeed the fact that it is there demonstrates how fragile the entire system actually is. One country to go belly-up, one coup-de-tat in a key country...and the whole things comes down due to sovereign credit.

[Wyatt's Torch]

Not necessarily... I also backed the bailout but the subsequent debt has not been reduced. It has exploded and shows no signs of slowing down. While the failure of private banks would have been a disaster, the failure of the U.S. government would be catastrophic...

[sport]

It is being artificially propped up now by the obama regime.

Once he has his thugs in place to take control, he will give the word to pull out the props and everything will come tumbling down.

No more private pensions, no social security. No more saving accounts, no IRAs. Only obama approved private sector business. Only obama approved college students. Only obama approved government workers and bureaucrats. Members of the Armed Forces and political offices will swear allegiance to obama and not to the Constitution. But if the political office holders are as loyal to obama as they are now loyal to the Constitution,them swearing allegiance to obama won't mean much.

To make a long story short, obama meant every word about changing the United States into a Socialist dictatorship. That is the only campaign promise he fully intends to carry out.

The idiots and parasites that voted for change are about to get a belly full of it. None of which they will like when it is fully implemented.

[TigerLikesRooster]

Actually things are so fragile that even Kim Jong-il has a reasonable shot at bringing down the entire global market.

I have always had a major beef with this troubling development. That is, leverage is so outrageous which made market fragile, even during boom time. All it takes is some local nutjob who could throw a monkey wrench and crash the world financial market.

[TigerLikesRooster]

There is no realistic way of reducing it without some major banks going under. I never thought that one-time bailout would do the trick.