Skip to comments.George Soros predicts riots, police state and class war for America (from the architect himself)
Posted on 04/07/2012 11:42:25 AM PDT by E. Pluribus Unum
George Soros, Chairman of Soros Fund Management (AFP Photo / Brendan SMIALOWSKI)
Billionaire investor George Soros has a new prediction for America. While it might be as dire as it gets for the financial wiz, this bet concerns more than just the value of the buck. According to Soros, there's about to be an all-out class war.
Soros, 81, previously bet against the British pound in the early 90s and made $1 billion off its collapse. In the years since, hes remained active in investing, but also in advocacy. Hes helped keep Wikipedia afloat thanks to impressive contributions and through donations to the Tides Center, has indirectly funded Adbusters, the Canadian anti-capitalist magazine that put Occupy Wall Street on the map. Speaking to Newsweek recently, Soros neglected to acknowledge his past successes, but instead offered a word of warning: a period of evil is coming to the western world.
I am not here to cheer you up. The situation is about as serious and difficult as Ive experienced in my career, Soros tells Newsweek. We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.
Soros goes on to compare the current state of the western world with what the Soviet Union was facing as communism crumbled. Although he would think that history would have taught the globe a thing or two about noticing trends, Soros says that, despite past events providing a perfect example of what is to come, the end of an empire seems imminent.
The collapse of the Soviet system was a pretty extraordinary event, and we are currently experiencing something similar in the developed world, without fully realizing whats happening, adds Soros.
Soros goes on to say that as the crisis in the Eurozone only worsens, the American financial system will continue to be hit hard. On the way to a full-blown collapse, he cautions, Americans should expect society to alter accordingly. Riots will hit the streets, says Soros, and as a result, It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.
The recent adoption of the National Defense Authorization Act for Fiscal Year 2012 and the proposed Enemy Expatriation Act, if approved, have already very well paved the way for such a society. Under the NDAA, the US government is allowed to indefinitely detain and torture American citizens suspected of terror crimes without ever bringing them to trial. Should lawmakers Joe Lieberman (I-CT) and Charles Dent (R-PA) get their Enemy Expatriation Act through Congress, the US will also be able to simply revoke citizenship without trial, essentially removing constitutional rights from anyone deemed a threat.
Others have cautioned that, as inequality becomes more rampant in America, the countrys citizens are becoming increasingly agitated with those on the other side of the extreme. In a recent survey released by the Pew Research Center, 66 percent of the adults studied believe that either very strong or strong conflicts exist between Americas elite and the impoverished, a statistic that has skyrocketed in recent years. Between 2009 and 20011, the proportion of those that sense conflicts exist as such between the class groups grew by 19 percentage points. While less than half of Americans fearing a fight brewing at the dawn of the Obama administration, today two-out-of-three Americans feel that there is a strong conflict between both extremes of society.
Addressing the issue of inequality, Soros tells Newsweek that the main issue that will make or break a reelection for US President Barack Obama will be whether or not the rich end up being taxed more. Among the current frontrunners in the Republic Partys race for the GOP nomination, wealth and taxes have been of the biggest concern of party rivals. The top candidates have made millions off of investments, and at a time of immense inequality, represent what 99 percent of Americans dont. Taxing the rich to a bigger degree might finally bring a chance, and Soros says, It shouldnt be a difficult argument for Obama to make.
Soros adds that if the US manages to make it through the troubled times to come, it come allow the nation to enter another golden era. In the crisis period, the impossible becomes possible. The European Union could regain its luster. Im hopeful that the United States, as a political entity, will pass a very severe test and actually strengthen the institution, he tells Newsweek.
With almost seven percent of Americans living below half of the poverty line, four unemployed Americans for each job, a shrinking middle class and an increasingly overzealous police state, it could very well be a tough road to get there, though.
Best part of the story “Soros, 81,”
I predict Soros will burn in Hell.
Indeed and those within his court, if you will.
No surprise he's stepping out of his cave...what an evil diabolical man he is. ...and he no longer hides behind the "curtain"....yet tolerated and encouraged by the left.
A better story would be a NY Times Obituary
Mister One Percent himself.
When that sonderkommando bastard dies, I hope it’s captured on video, because I want to watch it again and again.
Thanks E. Pluribus Unum.
All part of the plan....
I agree with his assessment. I would call it a “Social War” not a Class War. The preliminaries to the actual shooting has been going on since the 1960’s. We have been losing. Oswald Spengler has been more accurate in his predictions than any other thinker.
I certainly feel a sense of resentment towards America's "Leisure Class".
Folks who spend generations lying in the "safety net" that's become their hammock. Folks who feel entitled to things they haven't earned, don't pay taxes, yet feel compelled to have government take more for the producers to finance their unproductive lives.
Haha! My thoughts exactly. Last time I checked, you couldn’t take all those billions with you when you die. “To whom much is given, much is required”.
When George Soros makes a “prediction”, what he really means is “These are my plans”.
Soros is rooting for America’s demise and his agent, Barack Hussein Obama, is doing his masters bidding. Soros pretending that he gives a rap about a positive fate for America is disdainful arrogance masked, poorly, by a facade of concern. 81-year-old George Soros verifies the maxim that only the good die young.
“Best part of the story Soros, 81,
Hope the old bastard dies soon. Hell is waiting for him!
Soros admits his goal for the USA is nearing fruitation.
I guess this info won’t be on the network evening news....
None of those things have to happen, but some people are always stirring it up.
Poverty ... is a most necessary and indispensable ingredient in society, without which nations and communities could not exist in a state of civilisation. It is the lot of man it is the source of wealth, since without poverty there would be no labour, and without labour there could be no riches, no refinement, no comfort, and no benefit to those who may be possessed of wealth