According to Reuters …
Soros sees no bottom for world financial 'collapse'
“Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.”
“Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union.”
“He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system.”
" ‘We witnessed the collapse of the financial system,’ Soros said at a Columbia University dinner. ‘It was placed on life support, and it's still on life support. There's no sign that we are anywhere near a bottom.’"
Why should we believe anything that Soros says?
First, Soros is a financial freebooter – profiting from the turmoil in the marketplace. Especially in the area of currency speculation. Now that he is a major player in the markets, his quotes are seen by some to be sage comments on today’s political and financial situation. However, others, myself included, see him as a self-serving spokesman for his own personal interests and agenda. He has every reason to talk down the marketplace as that’s where he is likely to make significant profits.
And two, Soros appears to be someone who would like to see the present American political system crater in favor of some form of socialistic “open” government.
Hiding behind tax exempt foundations and charitable organizations, Soros is attempting to reshape the dynamics of current political interaction.
“About OSI and the Soros Foundations Network”
“The Open Society Institute works to build vibrant and tolerant democracies whose governments are accountable to their citizens. To achieve its mission, OSI seeks to shape public policies that assure greater fairness in political, legal, and economic systems and safeguard fundamental rights. On a local level, OSI implements a range of initiatives to advance justice, education, public health, and independent media. At the same time, OSI builds alliances across borders and continents on issues such as corruption and freedom of information. OSI places a high priority on protecting and improving the lives of people in marginalized communities.”
“Investor and philanthropist George Soros in 1993 created OSI as a private operating and grantmaking foundation to support his foundations in Central and Eastern Europe and the former Soviet Union. Those foundations were established, starting in 1984, to help countries make the transition from communism. OSI has expanded the activities of the Soros foundations network to encompass the United States and more than 60 countries in Europe, Asia, Africa, and Latin America. Each Soros foundation relies on the expertise of boards composed of eminent citizens who determine individual agendas based on local priorities.” <Source>
After reading a number of Soros documents, I have come to the conclusion that, like all far-left liberal democrats, he wants to build the “perfect world” where he can exert the greatest influence to game the system.
Amazingly, the article quotes Paul Volker …
“His comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama.”
Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain.
" ‘I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world,’ Volcker said.”
But how many people know that Former Federal Reserve Chairman Paul Volcker wrote the foreword of Soros' book The Alchemy of Finance?
“George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game. The bulk of his enormous winnings is now devoted to encouraging transitional and emerging nations to become 'open societies,' open not only in the sense of freedom of commerce but—more important—tolerant of new ideas and different modes of thinking and behavior.” <Source>
As I see it, Paul Volker is a fellow traveler and comments should be weighted accordingly.
Considering Soros’ participation as a former board member of the Council of Foreign Relations and one of the major funders of the Center for American Progress, I sincerely believe that Soros’ ideal governmental structure is some form of “multi-national collective” society” ruled (yes, ruled) by a benevolent corporate board.
One need only consider who is heading the Center for American Progress and the picture seems clear.
The Center for American Progress is a liberal political policy research and advocacy organization. Its website describes it as "... a nonpartisan research and educational institute dedicated to promoting a strong, just and free America that ensures opportunity for all."
Non-partisan, my fat ass! They are some of the most hyper-partisan, ideologues to be found in the democrat party.
“Its President and Chief Executive Officer is former lobbyist John Podesta, who served as chief of staff to then U.S. President Bill Clinton.”
“Located in Washington, D.C., the Center for American Progress has a campus outreach group, Campus Progress, and a sister advocacy organization, the Center for American Progress Action Fund.”
And they want to control what and who you listen to …
One need only consider their “report” which made the case for bringing back some form of the fairness doctrine in the form of controlling the ownership of stations and managing the public airwaves.
“Center for American Progress: The Structural Imbalance of Political Talk Radio”
“Among radio formats, the combined news/talk format (which includes news/talk/information and talk/personality) leads all others in terms of the total number of stations per format and trails only country music in terms of national audience share. Through more than 1,700 stations across the nation, the combined news/talk format is estimated to reach more than 50 million listeners each week. As this report will document in detail, conservative talk radio undeniably dominates the format.” <Source>
“John Podesta's Media Matters is paving the way for the resurgence of the Fairness Doctrine. Podesta, a co-chairman of President-elect Barack Obama's White House transition team, and former chief of staff in the Clinton administration, was a critical player in the startup of this Far Left ‘media monitoring’ website. Media Matters is actively pushing to reinstate the Fairness Doctrine that would essentially silence talk radio. <Source>
A clear and present danger?
“Citing the significant number of its staff and former staff that have been appointed to positions in the Obama Administration, Time magazine recently declared that there is "no group in Washington with more influence at this moment in history.” <Source>
My problem is that I see a clear and present danger in the nation. The very same democrat people who forced key rules and regulations on the banking system which resulted in unsound and imprudent lending are now in charge of trying to “fix” the mess by plunging this nation into greater uncertainty and chaos.
Fronted by an empty suit – a political “Ted Baxter” type …
Headed by an telegenic, well-spoken (with TelePrompTer) empty suit, these people appear to be playing political power games with our nations finances in order to move their self-interested agenda forward. And as I see it, a toxic agenda that will be contrary to the very principles that our founding fathers set forth for this nation.
On their way to their goals …
The democrats seem to have subverted two branches of government and co-opted the mainstream media. They are about to co-opt the third, the Supreme Court, sometime in the near future.
Uncharted waters …
Folks, as I see it, we are in uncharted waters. Facing a crisis of Constitutional proportions. A situation which may very well result in the breakup of the United States or its transformation into a European-style union. Definitely un-American. Unless I am totally wrong and am misreading the current political climate, I cannot see how the liberal democrat party gained so much power when their history of corruption and malevolence is there for all to see. Even Barack Obama’s origin and background is suspect.
How could this happen?
As I observe the American political scene, my only answer is that, due to the continual barrage of mainstream media stories, those that hated George Bush and those who were voting “black” provided a great enough block to secure the election. For this I blame both a rather inarticulate George Bush who failed to move beyond his Reagan-like Presidential Posture and engage the democrats full force – and a Congress where self-interest corruption has been institutionalized to an unhealthy degree.
The future …
First, it is hard to dismiss a Soros who seems to be willing to spend money on media and politicians to advance his own causes.
Second, it is hard to dismiss the collapse of the journalistic ethics which would have exposed this perfidy in the making and provided fair coverage of the campaign and politicians involved.
And third, it is hard to imagine the damage that is being done to our country by the far-left democrat party who is attempting to use the stimulus package to reward their friends and build a loyal base of supporters who can trade their votes for a guaranteed package of entitlements.
One need only look at the relatively few days which have passed since the January 20th inauguration of Barack Obama. The chaos and the bold implementation of life-changing legislation. And they are not finished yet. They are still in campaign mode: with a tightly controlled press, with an outside list-maintenance contact operation and never-ending fundraising. If we thought that a two-year Presidential campaign was bad, we are about to see a four-year campaign unfold before our very eyes.
I see nothing good coming of this democrat Administration where a weak and inept Barack Obama is rolled by such poor political players as House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid. This is a government which will be operated by a tight cadre of on-message political operatives – often known as the Clintonistas. Of course, Barack Obama’s nomination of a few Republicans to serve as Judas goats is much more than a symbolic gesture – I believe he believes that he can use these republicans to keep the Clintonistas at bay. Something which I believe will not happen.
What can YOU do?
Do not let yourself be sucked into a maelstrom of inaccurate media reports that feature people who are disposed to changing the American way of life.
Do not elect or re-elect people who are corrupt and can be rolled by those with no principles.
Do not vote for any candidate or current politician who is willing to subvert the safety, security, sovereignty and economic strength of the United States or limit an individual's right of self-defense for their personal philosophy, power, prestige or profits.
Look out for yourself and your family first. Be well and be safe.
Quote of the day: “Never give in. Never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honor and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy." -- Winston Churchill
A reminder from OneCitizenSpeaking.com: a large improvement can result from a small change…
The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. -- Marcus Aurelius
Soros sees no bottom for world financial collapse | Reuters