Did Soros Cause the 2008 Crash?
Richard Salbato 3-14-2010
Did Soros cause
the great crash of the market and economy in 2008? The answer to that is easy and it is “No!”
but there is a real strong reason for asking that question. Soros made his billions over the years by
manipulating the dollar market, and actually caused the crash of an Eastern
European nation. He made hundreds of
billions by shorting the Pound in
Now when it
In 2001 the Greek government had cooked the books to cover deficits that would have disqualified them from entering the European membership in the Euro. European rules called for no more than 3% debt to GDP. American banks were doing the same thing from 2001 to 2008.
Now it is learned that Goldman Sachs, secretly helped the Greek government meet the EU criteria by using a complicate currency swaps that masked the extent of its public deficit and national debt.
Now let us look at Goldman Sachs and its connection to Soros. Soros is the major partner of the Managed Funds Association, a hedge fund short sellers lobbying group and a secret meeting place for almost all short sellers. These people are mainly Greenlight Capital, SAC Capital Advisors, Paulson & Company, and Soros Fund Management.
with Goldman Sachs pretending to help
Short Selling is anti-capitalist
When people tell you that short selling contributes liquidity to the market, they are ignorant or are lying. I have studied this for years and would challenge anyone to show me how short selling helps the market in any way.
When the Stock Market was founded its mandate was to find a way for companies to get large amounts of money to expand without going to a bank. This was an easy way to sell parts of its business to a large group of people.
If I want to sell part of my business, (let us say 40%) I would divide the value of my company into individual stocks equaling the value and then keep 40% of that stock for myself. People could then keep a part ownership of my company or sell it to others for a profit or loss.
However, over time people began buying and selling month to month, then week to week and then day to day, then hour to hour, and now with the internet, from minute to minute.
Then came the Short Sellers, who would make bets that the stock would go down and by piling on would even cause it to go down. The results would be that if a company was going to loose 5% value, it would loose 10% value simply because they bet against it and the Hedge Fund short sellers would make money by the loss.
The term “short selling” in this context refers to , speculators and currency manipulators who bet on the decline or collapse of a stock or currency through complex financial instruments handled mostly through secret off-shore accounts. For the hedge fund short sellers to , prices have to go down.
They introduce manipulation to the stock market, and prime the stock market for manipulation and looting. The most influential members of Managed Funds Association, the hedge fund short sellers, have an anti-capitalism agenda, an anti-industrialized nation agenda, and a far left liberal, Marxist radical agenda. Hedge Fund short sellers are not capitalist. They are anti-capitalist and they are not investors; they are anti-investors.
In the case of Greece, the country “gathered all her nest eggs and brought it to the wolves’ den at ,” a member of Managed Funds Association, but Goldman Sachs then shorted the market while their clients were on the other side of the trade.
The Managed Fund Association is the government. They bought the policy makers and regulators, and then took over our government.
The removal of the uptick rule, and the circuit breakers and the introduction of mark to market accounting is what caused the economic collapse and the stock market crash.
The uptick rule, that existed for decodes simply said that if you bought short you must by when the stock is rising even if just a hair. This prevented short sellers from pilling on and bankrupting even solid companies. But when this was eliminated it let people like Soros manipulate the market.
Did Soros cause the problems in the banks and the crash? No! This would have happened anyway because of the bad loans but when Soros and the MFA saw that Obama was loosing the election they pushed up the crash by as much as a year by short selling all the banks and crashing the market overnight instead of over a slow period of time.
The agenda of
Soros and other short sellers is clear. Their purpose to loot
somebody that hates the traditional
Nothing will happen until the American people know what caused the economic crisis and the solution for fixing it. Nothing will happen until the American people know about the Managed Funds Association and their role in engineering the economic collapse.
the European Union (EU) bails out
They feel invincible. They have a license to destroy any company or country or hold the company or country hostage while preying on the investors.
They are having dinner meetings, openly discussing collusion to attack a particular asset class, equity, or a country’s currency. If this is not organized crime, I do not know what is.”
Any asset class that is traded in the NYSE, CME, or EUREX exchanges is susceptible to manipulation by the members of Managed Funds Association and their strategic partners.
In a few days we are going to have a bill that everyone has waited for since 2008, New Financial Regulations. Let us see if the Up-Tick Rule and the Mark to Market bills are changed.
Catholics and Soros
Soros supports abortion, euthanasia and same-sex marriage. So it's no surprise
that he supports groups like MoveOn and the ACLU. But did you know that George Soros, a
professed atheist, has also has provided critical seed money to so-called
"Catholic" groups that intentionally blur the Church's teachings on
Catholics in Alliance for the Common Good has received $200,000 from George Soros' Open Society Institute over the last few years. And according to its IRS reports, Catholics United has a formal relationship with Catholics in
That’s why Archbishop Chaput has criticized these groups for undermining the Church teaching:
“The work of Democratic-friendly groups like Catholics United and Catholics in Alliance for the Common Good, have done a disservice to the Church, confused the natural priorities of Catholic social teaching, undermined the progress pro-lifers have made, and provided an excuse for some Catholics to abandon the abortion issue instead of fighting within their parties and at the ballot box to protect the unborn.”
For more see www.catholicvote.org
Soros-Funded Communist Organizations
International Soros Funding
Soros is also funding "Democratization Programs" (i.e., Communist Transition Programs) in many countries, including Uzbekistan, Burma, and regions of Central Asia, as well as all the countries that ACORN/SEIU is working in.
THE SOROS PORTFOLIO
Soros' Portfolio Gives Him the Ability to:
· Buy Politicians
· Report "News"
· Create Illegal Votes (ACORN)
Changes Laws to Expand
· Increase Taxes
· Lower and Redistribute US Citizen Wealth
· Put More People on Welfare
· Funnel Illegal Aliens into Unions, Direct Their Votes and Collect Their Annual Membership Dues
· Change and Relax Immigration Laws
· Change Laws that Can Implement the Communist Takeover Plan
· Obtain Votes from (Primarily Poor) Blacks
· Obtain Votes from Hispanics and Other People of Color
· Obtain Votes from Gays and Lesbians
· Fund Abortions
· Limit Free Trade
· Hide Crimes and Allow Criminals to Be Freed
· Redirect Taxpayer Wealth to Unnecessary Green Projects, While Simultaneously Making US Businesses Less Profitable and Less Competitive
· Recruit and Put Criminals and Ex-Criminals to Work on Implementing the Communist Takeover Plan
· Change Laws and Take Guns Away from Citizens
· Redirect Taxpayer Funds to Pay for Implementing the Communist Takeover Plan
· Changes Laws to Make It Easier for Terrorists and Criminals to Operate
· Create Misinformation
· Control the Media
· Limit Free Speech
Enable Communists and
Terrorists to Enter
· Resist and Stop US Military and Police Efforts
· Create Local and National Racial Conflicts and Distrust
· Eliminate Religious Rights
· Indoctrinate Your Children with Communism in Their Schools and Media Viewings
SOROS ORGANIZATION BRANDING APPROACH
In General, Name the Organization the Opposite of It's True Purpose.
NEWS AND REFERENCES
SOROS' INTENT IS TO DESTROY CAPITALISM