Soros: The system HAS collapsed
Started by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009
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Soros? The insider trading guy from the 80s?
Wow, that is sobering!
Isn't he a big part of the disruption!!!
"Isn't he a big part of the disruption!!!"
How? No Fox News talking points allowed.
Yes, Only White House provided MSNBC talking points please
Not those either. I am interested in Prada's response.
As a hedge fund manager, Soros does nothing that ten other Romney supporters don't do. As a political backer, his money is dwarfed by the Kochs and dozens of other CEOs and billionaires. There is nothing I can think of that Soros has done to collapse the system in Europe.
Unless you think Hedge funds in general are a problem, which is a whole other argument...
Actually, Hedge Funds are the least part of the problem. They don't benefit as the banks do from below market rates(Fed Window, FDIC insured deposits etc), and the partners risk their own funds, unlike publicly traded commercial & investment banks. And through their collective bets including insolvent institutinos like Dexia, show the market the true value of these institutions(point out the emperor isn't wearing any clothes)
>>>>There is nothing I can think of that Soros has done to collapse the system in Europe
humm wasn't he- ""the man who broke the Bank of England" in 1992?
No the Bank of England did that themselves. He just saw the facts clearly and made his bets first. The exchange rate was not sustainable.
exactly- HFs are not the problem.
So I am still waiting for Pradas answer.
Meanwhile, Koch's plan to spend $200MM in 2012 on libertarian candidtates. For more than Soros can afford. (they are worth 25X what he is...)
http://www.politico.com/news/stories/1011/65504.html
We need more libertarians. Ron Paul adds a great deal to the debate.
I'd vote for Ron Paul in a heartbeat.
wow-- we actually all agree n something. Ron Paul 2012'!!
Zuccotti park is a freak show.
http://pagesix.com/2013/09/20/political-bigs-expected-at-george-soros-wedding/
1. Soros and Riversidere are correct
2. but the fault lies with our political classes
3. and people who work the system so they dont have to
work or be personally responsible for their actions