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Thread: weekend commentary - is George Soros betting against America ?

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    Default weekend commentary - is George Soros betting against America ?

    (snip)"Let me get this short and sweet, since it’s so darn simple.

    You have George Soros, the man who makes whole governments shiver at age 821, betting against the Euro in deals where he stands to make 20+ times as much as he can lose. And they call that news. The rhyme was intended.

    Well, there is no doubt the euro will have further to fall, so kudo’s Soros. For the next few days, George doesn’t need any Viagra. What’s more interesting for who still hasn't been paying attention is that what Soros is aiming for coincides perfectly with what the Germans seek. Or, if you’re in an adventurous frame of mind, that the Greek government itself may well be, as we speak, betting on the same odds Soros is. Let's see some hands here, how many of you thought of that one?

    If only because it ain’t really betting. The Euro will sink versus the US dollar like a big mean stone unless, HA!, unless financial news out of the US keeps it from doing so. Ok, so we know Obama wants to raise US exports by 100% in the next 5 years (did you just spill your drink?), and we also know that ain't ever going to happen if the US dollar doesn’t lose value versus the Euro. So Soros attacks the Euro and thereby attacks the US. He helps Germany and thereby Greece, the very country he's supposedly attacking. And if you think that’s convoluted, you should read about Goldman Sacks aiding Greece in hiding its debts while at the same time betting against the very bets it helped hide. Illegal? Nah. Insane? Duh.

    You can now feel free to make money on your own upcoming bankruptcy. Or that of your town, county, or nation. It’s the flavor of the day. Get rich off your neighbor’s impending misery. We over here call this good old capitalism. And if you don’t know which victim to pick next, I suggest Britain. Especially if you live there, you need something to make up for your upcoming losses. Soros doesn’t think Greece will go down, he just thinks Europe will pay him to quit betting against it. Either way he wins, he’s leveraged 20 to 1. Europe has that much more to lose.

    But the entire world has that much more to lose, and the fact that Georgey-boy starts there might well mean his real targets lie elsewhere. How about Japan? How about California? Again, I would maybe think he’ll go after Britain again. But George, mind you, may well have his by now 822 year-old sights set on Beijing or, drumroll, Washington.

    Don’t think so? Want to bet? George does. He understands that 99% of the people don’t know what he's betting against. And he likes those odds.

    Plus, by the time you read this, he’ll be 823 years old and running. What’s he got to lose but some pieces of paper?"(snip)

    from


    For anybody who isn't already aware, this is the same George Soros who has funded many liberal American politicians, including John Kerry in 2004 and Barack Obama in 2008, as well as organizations such as MoveOn.org, America Coming Together, and the Center for American Progress. Some would point out that Georgey is about to profit handsomely from his US political 'investments'.

    ~
    Last edited by Melonie; 02-28-2010 at 11:53 AM.

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