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Soros Bailing Out of U.S. Stock Market
Economic Policy Journal ^ | 08/18/2010 | Economic Policy Journal

Posted on 08/18/2010 8:33:28 PM PDT by The Magical Mischief Tour

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To: Tagurit

WE bailed out in February!


101 posted on 08/19/2010 8:42:21 AM PDT by REPANDPROUDOFIT (General, sir, it's ok to call me "ma'am"!)
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To: stefanbatory
we survived the last depression ok...I would even argue that it produced a very fine generation of people. There will indeed be some temporary (10-12 years) pain, but in the long view, we will have shaken off a lot of dead weight. (inefficient businesses, bad debts, etc)

We were in much better shape during to survive during the last depression: infinitely more self sufficient as a country and as a people. We still produced most of what we consumed at home, and our morals and culture were much more intact.
102 posted on 08/19/2010 8:43:24 AM PDT by algernonpj (He who pays the piper . . .)
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To: OrangeHoof

He may actually have been too heavy in the market as a way to keep Obama from looking too criminal for awhile.

As far as I’m concerned. Soros is a criminal. He is worse thana criminal he is a demon from hell who saved his ugly hide during Hitlers reign be selling out his own people. When I see that disgusting grin and his beady eyes I see someone who has no soul. He has so much money he plays with countries and peoples lives for profit and for pleasure. Satan stalks his soul.!


103 posted on 08/19/2010 8:48:47 AM PDT by Bitsy
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To: OrangeHoof
He may actually have been too heavy in the market as a way to keep Obama from looking too criminal for awhile.

As far as I'm concerned. Soros is a criminal. He is worse than criminal he is a demon from hell who saved his ugly hide during Hitlers reign be selling out his own people. When I see that disgusting grin and his beady eyes I see someone who has no soul. He has so much money he plays with countries and peoples lives for profit and for pleasure. Satan stalks his soul.!

104 posted on 08/19/2010 8:49:17 AM PDT by Bitsy
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To: algernonpj

the typo gremlin got me again!

We were in much better shape to survive during the last depression: infinitely more self sufficient as a country and as a people. We still produced most of what we consumed at home, and our morals and culture were much more intact.


105 posted on 08/19/2010 8:50:10 AM PDT by algernonpj (He who pays the piper . . .)
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To: Blue Collar Christian

I wouldn’t mind Writing it!


106 posted on 08/19/2010 8:53:07 AM PDT by toofast2
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To: Ulysse
I am wondering if he paid McCunt who was so weak beside Obama during the campaign...

Yes. You may recall Soros spending $27 Billion on the Kerry campaign of '04 in an effort to defeat President Bush.

In 2008, he had no intention of losing, therefore he funded McCain, Hillary! and nObama. He aimed to win regardless of who assumed the position.

107 posted on 08/19/2010 8:53:22 AM PDT by Just A Nobody ( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
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To: SpaceBar

yep.


108 posted on 08/19/2010 9:08:53 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: Bitsy

Yes ... Soros has a history of this :
On Black Wednesday (September 16, 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England’s reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.

Finally, the Bank of England was forced to withdraw the currency from the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed “the man who broke the Bank of England.”

The Times of Monday, October 26, 1992, quoted Soros as saying: “Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell.”

Soros tells the West: We must reform to help poor
Soros is still blamed for triggering the Asian crisis of 1997 which started a chain reaction that led to the Russian loan crisis, the near collapse of the hedge fund Long Term Capital Management and finally the Brazilian crisis in 1999. Mahathir Mohammed, the prime minister of Malaysia, famously called him a “moron”.

In his book, Mr Soros denies claims that he started the crisis as a “wholly unfounded”. He admits Soros Fund Management foresaw a crisis and “shorted” the Thai bhat and Malay ringgit - agreeing to sell stocks of the currencies it did not yet own.

Instead he blames the international financial system and argues that this is one of the reasons why it needs to be more tightly controlled. Given that belief it is understandable that he should be surprised to be subjected to a barrage of insults during a recent debate the opponents of with globalisation.
http://www.independent.co.uk/news/business/analysis-and-features/soros-tells-the-west-we-must-reform-to-help-poor-688016.html
91 posted on Tuesday, February 17, 2009 12:07:22 AM by dervish

Soros Calls His Felony Conviction in France “A Gift to My Enemies in the U.S.”
http://larouchepac.com/news/2009/02/24/soros-calls-his-felony-conviction-france-gift-my-enemies-u-s.html
Soros’s indictment arose from a vast scam targeting one of a France’s oldest, nationalized banks, Société Générale (SocGen) for privatization. Eleven high-level financial operatives were indicted in the scam; some, like Robert Maxwell, and Edmund Safra, were killed in mysterious and bizarre accidents while the case dragged on. Soros was the only one found guilty. The date of the appeal argument in Strasbourg is not yet known.

Soros has destroyed at least 5 different countries currency just to line his own pockets.

Soros and Russia, too? [excellent and informative article]
http://www.americanthinker.com/2008/02/george_soros_and_the_alchemy_o.html


109 posted on 08/19/2010 9:15:24 AM PDT by Just A Nobody ( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
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To: algernonpj

do you think the flappers and the yuppies will be regarded any differently by history?


110 posted on 08/19/2010 9:28:08 AM PDT by stefanbatory (Insert witty tagline here)
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To: AbolishCSEU

You’ve still got to watch out for that lysdexia though.


111 posted on 08/19/2010 9:35:38 AM PDT by higgmeister ( In the Shadow of The Big Chicken!)
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To: Just A Nobody
Soros tells the West: We must reform to help poor

I don't see him pledging one red cent of HIS money to help the poor. People are starving and he is destroying economies. I know some articles describe him as a philanthropist but he only does things that profit him and his beliefs and no one else.

I believe he is in his 80s and he doesn't realize that tomorrow he could be deader than a door nail and his body be lying in a dark casket with NOTHING in his pockets and his soul acquired by Satan himself. He is a wretched, a moral little worm - no one will morn his passing maybe except the people on his payroll.

112 posted on 08/19/2010 9:43:51 AM PDT by Bitsy
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To: AbolishCSEU; hoe_cake; Grampa Dave

My take is the risk in the stock market, beside Democrats ruining it all, is the inflation of the stocks you hold beats out the stocks Democrats put out of business.

I left most my old 401k alone because the service fee was $0.07 per $100, where it is usually $1.50 per $100. I also had some roll-over, but I am a long term bull, being if Democrats ruin it all, we are all going to be mad and poor.


113 posted on 08/19/2010 9:46:37 AM PDT by Son House (The Bush Tax Cuts Produced Better Results Than All The Democrat's Stimulus Bills Combined.)
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To: The Magical Mischief Tour
One more nail in the casket Soros and Obama have crafted for our economy.
114 posted on 08/19/2010 9:47:59 AM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: algernonpj

we survived the last depression ok...I would even argue that it produced a very fine generation of people. There will indeed be some temporary (10-12 years) pain, but in the long view, we will have shaken off a lot of dead weight. (inefficient businesses, bad debts, etc)


We were in much better shape during to survive during the last depression: infinitely more self sufficient as a country and as a people. We still produced most of what we consumed at home, and our morals and culture were much more intact.

Germany, Italy and Japan reacted to the Great Depression by putting fascist dictatorships in power, and USA came darn close to fascism under the New Deal.


115 posted on 08/19/2010 9:55:40 AM PDT by Ronbo1948
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To: Ronbo1948
... ... Germany, Italy and Japan reacted to the Great Depression by putting fascist dictatorships in power, and USA came darn close to fascism under the New Deal.

Good point. Considering that capitalism has already pretty much morphed to corporatism, we are again frighteningly close to the final step to either fascism or a fascist dictatorship. There are times when I think its already a done deal,just the name hasn't changed.
116 posted on 08/19/2010 10:07:11 AM PDT by algernonpj (He who pays the piper . . .)
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To: Just A Nobody
You may recall Soros spending $27 Billion on the Kerry campaign of '04 in an effort to defeat President Bush.

Or maybe $27 Million.

117 posted on 08/19/2010 10:14:29 AM PDT by Doe Eyes
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To: manc

Bought high and sold at all time lows? Ouch.

Consider me foolish, and I guess only time will tell, but I’m long F and RSO, among a few others.


118 posted on 08/19/2010 10:23:57 AM PDT by Disciplinemisanthropy
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To: The Magical Mischief Tour

The rat smells a rat?


119 posted on 08/19/2010 10:33:23 AM PDT by AngelesCrestHighway
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To: The Magical Mischief Tour

I think he’s just f’ing around. trying to scream fire in a crowded theater sort of thing.


120 posted on 08/19/2010 10:49:02 AM PDT by Ancient Drive (DRINK COFFEE! - Do Stupid Things Faster with More Energy!)
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To: hoe_cake

Probably 20%; I’m turning the big 5-0 this year!


121 posted on 08/19/2010 10:56:44 AM PDT by AbolishCSEU
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To: hoe_cake

Probably 20%; I’m turning the big 5-0 this year!


122 posted on 08/19/2010 10:56:50 AM PDT by AbolishCSEU
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To: higgmeister

i stand corrected!


123 posted on 08/19/2010 10:57:45 AM PDT by AbolishCSEU
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To: higgmeister

i stand corrected!


124 posted on 08/19/2010 10:57:45 AM PDT by AbolishCSEU
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To: AbolishCSEU

the big 5-0?

you’re just a baby. LOL.

Roll it over, you’ll need that 401K.


125 posted on 08/19/2010 10:58:00 AM PDT by hoe_cake ( Society of the Descendants of the Signers of the Constitution)
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To: The Magical Mischief Tour
Just a thought ... I wouldn't put anything past Soros; getting a few billion liquid may set him in a position to buy like crazy come October 15th or so and try to stampede the market into a rally just before the election. In order to do that you need to have assets "out" of the market and shift them "into" the market at just the right time.

He doesn't have to report again until after the election ...

Anyway who thinks Soros and his ilk are just conceding the election to the republics, and thereby giving them the power of the Congressional supeona, and the ability to tie BO in knots, I think, seriously under-estimates these folks.

Also, prepare for a "wag the dog" incident - the Dems need to get the economy off the front page. Hell, even the drive-by media is starting to report BO's tanking numbers ...

126 posted on 08/19/2010 11:12:19 AM PDT by In Maryland ("Impromptu Obamanomics is getting scarier by the day ..." - Caroline Baum)
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To: Just A Nobody
I remember him saying he'd spend his last dollar if it meant defeating Bush.

I always wondered if he was trolling for an assassin.

127 posted on 08/19/2010 11:48:55 AM PDT by 4woodenboats (Defend America peacefully, vigorously, and swiftly against all enemies before she becomes a memory)
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To: hoe_cake

I must mention that I’m joining the dreaded dark side NYS retirement system as of tomorrow; does this have any bearing?


128 posted on 08/19/2010 11:49:27 AM PDT by AbolishCSEU
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To: AbolishCSEU

I don’t know enough to answer that question.


129 posted on 08/19/2010 11:53:58 AM PDT by hoe_cake ( Society of the Descendants of the Signers of the Constitution)
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To: Tagurit

I bailed Nov. 2008


130 posted on 08/19/2010 11:57:38 AM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
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To: algernonpj

Didn’t Mussolini define fascism as corporatism?

Yes, there is that final step, but since we are having this conversation without fear of prison or worse proves there is still hope.

Although I don’t see that cloud with a silver lining.

Depression...Treason from within...World War III brewing...

“The Perfect Storm” to end the United States.

A Chinese curse: “May you live interesting times.”


131 posted on 08/19/2010 12:03:05 PM PDT by Ronbo1948
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To: Son House

When Herr Pelosi was elected as Queen of America with Reid as her best buddy, I got out of the stock market and sold every mutual fund we owned with the exception of two.

We invested the proceeds in AAA bonds, cds and ETFs with stop loss orders updated weekly. My wife stayed invested in her 401k.

In May 2007 the first Pelosi/Reid market hit came, and every ETF we owned except GLD and SLV hit the stop loss orders. We were on vacation and could have lost a lot if we were still in the market. My wife took about a 15% hit with her 401k. She stayed in the market with her 401K until the next 10% hit came. That happened a few months while we were on a cruise to Alaska. When we got back, she told me to get her out of the mutual fund selections and to go to a treasury fund. She basically rolled most of her 401k into her Fido Ira a few months after that. She was over 65.

According to Fido, in the past 3 years, we have averaged about a 10% growth rate from year to year.


132 posted on 08/19/2010 12:49:18 PM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; ...

Wake me when the story is, Soros bails out of a plane without a chute. Thanks The Magical Mischief Tour.


133 posted on 08/19/2010 2:52:48 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: gaijin

Cool.


134 posted on 08/19/2010 2:59:55 PM PDT by TheOldLady
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To: The Magical Mischief Tour

It really doesn’t take a George Soros to figure out where this market is going, thanks in large part to his puppets in power.


135 posted on 08/19/2010 3:04:29 PM PDT by windsorknot
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To: Doe Eyes
Or maybe $27 Million.

Oooops! My bad...thanks for the correction!
Although you must admit when it comes to Soros, a million and a billion are difficult to distinguish.

136 posted on 08/19/2010 3:05:46 PM PDT by Just A Nobody ( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
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To: 4woodenboats
Hi boats!

I remember him saying he'd spend his last dollar if it meant defeating Bush.

Now that you mention it, I remember that, too.

I always wondered if he was trolling for an assassin.

No doubt!!!

137 posted on 08/19/2010 3:08:09 PM PDT by Just A Nobody ( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
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To: The Magical Mischief Tour

He’s buying up the Indian stock market, according to a news source I read here on Freep.


138 posted on 08/19/2010 3:46:00 PM PDT by MissyMack66
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To: SunkenCiv

We’ll all be dancing on that day. That old coot has some seriously bad Karma.
I can’t believe he can’t sense that everybody hates him. Sociopath?


139 posted on 08/19/2010 4:04:20 PM PDT by TheOldLady
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To: Ronbo1948

He stayed at a Holiday Inn Express. :-)


140 posted on 08/19/2010 4:12:42 PM PDT by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
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To: CommieCutter

LOL! A low rent billionaire. I’ll bet he’s too cheap to hire a bodyguard. I’ll have my buddy Mac The Knife to visit him the next time he’s in town :-) BTW, he wears gloves so there’s never a trace of red....


141 posted on 08/19/2010 4:44:40 PM PDT by Ronbo1948
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To: The Magical Mischief Tour

*


142 posted on 08/19/2010 4:44:46 PM PDT by PMAS
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To: SueRae

Obama’s Justice Dept. go after Soros? Eric Holder freeze Soro’s money? That’ll be the day.


143 posted on 08/19/2010 6:48:06 PM PDT by Freedom_Is_Not_Free (California Bankruptcy in 4... 3... 2...)
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To: CommieCutter

well, the good news is he will lose his ass!!!


144 posted on 08/19/2010 6:48:32 PM PDT by MrPiper
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To: The Magical Mischief Tour

That ol’basturd is up to something,,,

Maybe this will have something to do with an

“October Suprise”,,,

Follow the money...


145 posted on 08/19/2010 7:57:24 PM PDT by 1COUNTER-MORTER-68 (THROWING ANOTHER BULLET-RIDDLED TV IN THE PILE OUT BACK~~~~~)
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To: Ticonderoga34

“Looks like Soros agrees them.”

Hey George - how’s that hopey changey thing workin’ for ya?


146 posted on 08/19/2010 10:27:40 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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To: Ulysse

“This guy should have been sued since a long time for frauds, conflict of interests, illegal political activities...”

Then again, he’s a rat, so that explains a lot...


147 posted on 08/19/2010 10:36:47 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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To: crosshairs

Don’t hold your breath.


148 posted on 08/19/2010 10:53:31 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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To: stefanbatory

After a period of deflationary depression, when the government starts printing tons of dollars to try to deal with our massive debt, a period of hyper-inflation could follow.

They are two sides of a double edged sword.


149 posted on 08/19/2010 11:02:27 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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To: stefanbatory

Not to mention bad, gluttenous attitudes.


150 posted on 08/19/2010 11:09:25 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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