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Dubya's Domain (Current Events & News Forum) A Current Events Forum Dedicated To Our 43rd President - George W. Bush.

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  #1  
Old 04-02-2009, 01:58 AM
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You have no choice.

You have no choice.

Carolyn Hileman

http://thevoice.name/?p=14331



He opens up the paper and silently smiles to himself, looks like another day of losses for the stock market and another day of gains for him. This from a man who is admittedly up to his elbows in democrat politics, funded most of their election bids and is now reaping his rewards in spades as the American people suffer yet another humiliating day of losses in the market, people who have saved all their lives, who have their retirement in 401k’s are losing their shirts and yet this man is not just making millions, he is making trillions and he is doing it on the backs of hard working American people. I do believe it was the democrats who wanted to tax the oil speculators during the gas crisis, they were considered evil, they were considered vile, but I must assume Mr. Soros was not one of them.



Imagine getting up every morning hoping that the stock market takes a nose dive and another couple getting ready to retire will lose everything, just imagine making your fortune while sitting up in your mansion watching people line up for unemployment, imagine for a minute you are George Soros and you can trample all over whom ever you wish and no one will say anything. Why is this man allowed to benefit from our misfortunes? Why is his dirty money not taxed at 90%? Why are the democrats not painting a target on his back? Why is what he is doing not evil? I made a crack earlier today that the average American might should do just as he is doing an invest in hedge funds, and then I checked it out, this is part of what I found on Forbes:

Hedge Fund Investing 101
Lynn Sherman, 07.15.00, 12:00 PM ET

Want to enter the elite world of hedge fund investing? All you need is a lot of money or a lot of moxie. When it comes to deciding if you qualify as a private investor, hedge fund managers are pretty much left to their own devices.

"Hedge funds have to reasonably believe that you meet investing requirements, and funds are legally required to ask you if you have the money," says David Mahaffey, a partner at Washington, D.C., law firm Sullivan & Worcester, who practices business law. Generally, hedge fund managers meet this obligation by making prospective clients fill out a lengthy questionnaire.

A typical worksheet would ask you to detail your holdings, including stocks, real estate, physical commodities and commodity contracts, swaps and futures. There are two basic categories of private investors: accredited investors, who need a net worth of more than $1 million; and qualified purchasers, who need to have $5 million in investments not including a primary residence or any property used for a business.



The average American can only dream of doing that, what is it they say the rich get richer, well that is certainly the case with Mr. Soros, the man has more money than Obama has spent so far and yet he wants to bet on our failure. He is investing in our defeat, hoping that we will lose money so he can pocket it… Forgive me if I seem a little perturbed by the fact that the people he helped get elected ignoring the fact that he is pocketing every penny that we lose. Why is there no outcry, no outrage, no coverage? Why is it every time Obama speaks the stocks drop, and why does he continue to push for even more spending when the stock drop each and every time he does, is he ignorant of the fact that it is happening or is he complicit in the money making scheme? How much more money can you afford for Soros to make? How much more of your retirement are you willing to give him, how much of your kids college fund, your house fund, your rainy day money? The choice is yours, not really, you have no choice.

Don't let this stop with you, every tax paying American needs to know...
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  #2  
Old 04-02-2009, 03:34 AM
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Carolyn, again .. you write another great post.

But I have one disagreement respecfully ... we all chose our own destiny ... and money isn't on the top of the list!

Family, your own self, and then the rest ....

Respectfully,

Wolf
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- Ronald Reagan.

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Old 04-02-2009, 05:02 AM
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Some info on George Soros profiting from our losses.


Soros Makes Billions As Stocks Collapse

Quote:
George Soros has no worries about the global recession. He and a handful of others in the arcane and virtually unregulated world of hedge funds have made a bundle off the global recession.

I'm having a very good crisis,” Soros says, quoted by the U.K. Daily Mail.

As the Obama administration sets its sets on reining in the industry, Soros and others literally made billions by taking contrarian bets against stocks. As stocks fell in half, pension funds collapsed and millions of savers watched their 401(k)s founder, Soros made $1.1 billion last year. “It is, in a way, the culminating point of my life’s work,” Soros told The Australian.

Institutional Investor’s Alpha magazine reports that the best-paid hedge fund managers were paid $11.6 billion last year, the third-best year on record, although down sharply from the $22.5 billion in paychecks they cashed in 2007.

Among the top earners (all are estimates):
• James Simons, Renaissance Technologies, $2.5 billion
• John Paulson, Paulson and Co., $2 billion
• John Arnold, Centaurus Energy, $1.5 billion
• George Soros, Soros Fund Management $1.1 billion
The fact that Mr. Soros is a big supporter of Obama, thus having a hand in the downfall of the economy and our losses, is what really boils my blood.
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  #4  
Old 04-02-2009, 08:57 AM
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Mine to X1776K, Wolf, you forgot someone. And while I agree with you I also know when it gets to the point of do I buy groceries or pay bills it starts to involve everything you mentioned and the one you didn't.
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Old 04-03-2009, 02:04 AM
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Sorry Carolyn, if my gut feeling is correct I forgot God!

Also, money is important to keep you, and your family affloat for the basic neccessities!

Hope I got part of what you stated above right.

Respectfully,
Wolf
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