Super Stock Blog

Posts Tagged ‘george soros’

Whenever Fox News host Glenn Beck speaks critically of billionaire George Soros, someone accuses him of anti-Semitism. but when Soros uses similar imagery, those same viewers keep quiet.

According to a post by Alana Goodman for Commentary magazine’s blog Contentions, the group Jewish Funds for Justice has refused to condemn Soros, after publicizing a public letter last month calling for Fox News to sanction Glenn Beck for making Holocaust references on his program.

“The group told me that Soros’s comments were misinterpreted, and he did not, in fact, claim that Fox News was using Nazi tactics during his interview. instead, Jewish Funds for Justice said that Soros was comparing Fox News to the German media that led to the fall of the Weimar Republic and the rise of the Nazi regime,” Goodman wrote. “The organization seemed to indicate that this was an acceptable, and even reasonable, comparison.”

According to Goodman’s post, Jewish Funds for Justice argues Soros’s remarks were misinterpreted.

“You should really watch the interview again. George Soros did not compare Fox to Nazis,” the organization said in a statement to Commentary. “[Soros] talked about how during the Weimar Republic the media was full of falsehoods and deceived people, just like Glenn Beck and others do now … Ultimately, these actions by the press during Weimar contributed to the downfall of the Republic and the beginning of the third Reich.”

Watch:

Glenn Beck

when did you ever believe that you would see this headline, ladies and gentlemen? It’s in the new York Times: “Obama’s Economic View Rejected on World Stage.” It’s all over the media how he failed over there. they even got body language experts saying he won. The body language expert says he was dominating Hu Jintao. It’s all a crock. Now, we gotta be fair, though. The new York Times seems to have edited their title, but everybody who picked up the story is still using it, that’s the original one, “Obama’s Economic View Rejected on World Stage.” Obama’s economic view rejected on American stage. Obama’s economic view is rejected everywhere but Moscow.

Message to George Soros: George we are Americans we reject your ideas along with the 20 Countries at the G20 Summit. NONE OF US WANT OPEN SOCIETY AND GLOBAL WORLD ORDER.

Obama AND The George Soros Economic Ideas Rejected on World Stage

Ainhoa Giménez, Bolságora21/10/2010 – 6:26

El mítico gestor aconseja huir de la banca e invertir en materias primas.

Los problemas que los bancos americanos tienen con las hipotecas tardarán mucho tiempo en solucionarse y los valores bancarios no son atractivos pese a la reciente caída de sus cotizaciones por los problemas con los embargos, según el famoso inversor Jim Rogers.

La Reserva Federal de Nueva York y otras siete grandes firmas de inversión pidieron el martes a Bank of America que recompre los préstamos incluidos en sus titulizaciones hipotecarias. Un bufete argumenta que el banco Countrywide, comprado por Bank of America en 2008, cometió fallos en los préstamos que se encuentran detrás de estos títulos.

“Todo el mundo hizo eso, no sólo Countrywide o Bank of America”, según Rogers, que fundó el Quantum Fund junto a George Soros en los años 70. “Y ahora, los bancos tienen que pagar el precio y sufrir las consecuencias”, añadió ayer en una entrevista en la CNBC.

“Todo este asunto va a suponer un enorme lío durante mucho tiempo. Los balances de los bancos están llenos de activos podridos” y las entidades todavía tienen que resolver sus “gigantescos problemas”, por los que sus valores se mantendrán en lateral durante los próximos cinco o seis años, predice Rogers.

“Nadia sabe cuál es el valor contable real de Bank of America”, en su opinión “No tengo interés en las acciones de los bancos en la actualidad. Normalmente, cuando una gran burbuja estalla, hacen falta años para que los valores se recuperen”.

No obstante, otros analistas, como Rochdale Securities, creen que Bank of America es una oportunidad de inversión porque su capitalización está por debajo de la caja que tiene en su balance. Pero Rogers aconseja huir del sector y entrar en otros que se encuentren en una tendencia alcista clara, o bien en una tendencia bajista igualmente definida que permita posicionarse en corto.

Rogers también aplaude la subida de tipos en China y cree que debería extenderse al resto del mundo, porque la mayor amenaza para el futuro es la inflación, a su juicio. Por esa razón, ha empezado a ponerse bajista en los bonos del Tesoro de EEUU, y también advierte de la burbuja que viven los mercados emergentes.

Por el contrario, le gustan las materias primas porque cree que existe una insuficiencia de oferta para hacer frente a la demanda que alimentará su actual tendencia alcista. En cuanto a las divisas, recomienda el franco suizo, el dólar canadiense y el dólar australiano. “Ahora mismo, todo el mundo es totalmente bajista en el dólar de EEUU, incluyéndome a mí”, afirma.

Pero advierte de una posible corrección: “Siempre que todo el mundo se sitúa en el mismo lado del barco, es recomendable ir al otro lado, al menos durante un tiempo”.

<a href="http://www.eleconomista.es/seleccion-ee/noticias/2539954/10/10/Jim-Rogers-Los-balances-de-los-bancos-estan-llenos-de-activos-podridos.htmltag:news.google.com,2005:cluster=http://www.eleconomista.es/seleccion-ee/noticias/2539954/10/10/Jim-Rogers-Los-balances-de-los-bancos-estan-llenos-de-activos-podridos.htmlThu, 21 Oct 2010 08:37:06 GMT 00:00″>Jim Rogers: “Los balances de los bancos están llenos de activos podridos”

I'll tell you- SORO's! your being con'd folks! These far leftists never speak the truth!
Obama is a Soros puppet!

The Bush family has 24 international bank accounts. How does one family accrue so much wealth?

I do not think it was GW Bush because everything he touched he bankrupted including a Oil company in Texas. I think it is fair to say that old GWB isn't the sharpest knife in the drawer

You are one of the biggest whiners in America.

Soros, he's the one gaining money from US taxpayers giving $2 billion to drill in South American in wells that are deeper than what BP was drilling.

Dick Cheney and Haliburton are bringing in the dough on this one. George and George have nothing to do with this one.

Who makes more in profits off Oil George Bush or George Soros?

George Soros, the far-left billionaire who has given millions to promote abortion, socialism, the removal of religion from the public square, and other radical “causes,” isn’t above using a religious front for his nefarious activities. Remember his bankrolling of pseudo-evangelical Jim Wallis which we emphasized last week.

Now here’s a report on how some of Soros’ mad money is being given to a group of apostate Catholics (posing as defenders of the faith, of course) to dupe Catholic voters into sending back to Washington those sinister politicians who claimed to be pro-life and yet voted for the dramatic extension of abortion via Barack Obama’s takeover of the U.S. health care system.

Vital Signs: To Promote Abortion, George Soros Finances Yet Another Apostate Group

Soros is a major partner in Brazil's deep water oil exploration, and they are drilling in 15000 feet of water

3 times the depth the deepwater horizon was drilling and Brazil is going full speed ahead despite the

Gulf disaster!!!

http://www.snopes.com/politics/gasoline/…

Nope,

The gulf disaster will not suddenly cause their wells to be more profitable.

So he can funnel it right back to leftist candidates.

Notice not a peep out of the so-called environmentalists about Soros' deep water drilling either.

Why will George Soros stand to make countless millions as a direct result of Obama's oil drilling ban?

George Soros (AP Photo/Manish Swarup)

by Frank James

George Soros, billionaire financial speculator, philanthropist and liberal boogeyman to many conservatives, doesn’t like Treasury Secretary Henry Paulson Jr. $700 billion bailout plan.

Indeed, from his Financial Times opinion piece, it doesn’t sound like he’d allow Paulson to manage any of his billions of dollars.

Here’s an excerpt. Pay close attention to what he says about “asymmetric information,” one of his favorite subjects. it’s the idea that not all parties in financial transactions have equal access to best-informed party usually has the upper hand:

Mr Paulson’s record does not inspire the confidence necessary to give him discretion over $700bn. His actions last week brought on the crisis that makes rescue necessary. On Monday he allowed Lehman Brothers to fail and refused to make government funds available to save AIG. by Tuesday he had to reverse himself and provide an $85bn loan to AIG on punitive terms. The demise of Lehman disrupted the commercial paper market. A large money market fund “broke the buck” and investment banks that relied on the commercial paper market had difficulty financing their operations. by Thursday a run on money market funds was in full swing and we came as close to a meltdown as at any time since the 1930s. mr Paulson reversed again and proposed a systemic rescue.

Mr Paulson had got a blank cheque from Congress once before. that was to deal with Fannie Mae and Freddie Mac. His solution landed the housing market in the worst of all worlds: their managements knew that if the blank cheques were filled out they would lose their jobs, so they retrenched and made mortgages more expensive and less available. Within a few weeks the market forced mr Paulson’s hand and he had to take them over.

Mr Paulson’s proposal to purchase distressed mortgage-related securities poses a classic problem of asymmetric information. The securities are hard to value but the sellers know more about them than the buyer: in any auction process the Treasury would end up with the dregs. The proposal is also rife with latent conflict of interest issues. unless the Treasury overpays for the securities, the scheme would not bring relief. but if the scheme is used to bail out insolvent banks, what will the taxpayers get in return?

Soros then gives a big shout out to Sen. Barack Obama.

Barack Obama has outlined four conditions that ought to be imposed: an upside for the taxpayers as well as a downside; a bipartisan board to oversee the process; help for the homeowners as well as the holders of the mortgages; and some limits on the compensation of those who benefit from taxpayers’ money. these are the right principles. They could be applied more effectively by capitalising the institutions that are burdened by distressed securities directly rather than by relieving them of the distressed securities.

The injection of government funds would be much less problematic if it were applied to the equity rather than the balance sheet. $700bn in preferred stock with warrants may be sufficient to make up the hole created by the bursting of the housing bubble. by contrast, the addition of $700bn on the demand side of an $11,000bn market may not be sufficient to arrest the decline of housing prices.

Something also needs to be done on the supply side. to prevent housing prices from overshooting on the downside, the number of foreclosures has to be kept to a minimum. The terms of mortgages need to be adjusted to the homeowners’ ability to pay.

George Soros hates Paulson's bailout.

ONE of the unlikeliest books of last year was “Only the Super-Rich can Save us!”, a fictional account by Ralph Nader, a veteran left-wing campaigner, of a movement of billionaires led by Warren Buffett and featuring, among others, Ted Turner, George Soros and Barry Diller, who use their fortunes to clean up America. This was not, as you might suppose, a satire but what Mr Nader called “an exercise in practical Utopianism”. he even met Mr Buffett to urge him to take up the challenge.

Perhaps the Sage of Omaha, as Mr Buffett is known, was listening. on June 16th, with Bill Gates and his wife, Melinda, he launched a campaign to persuade America’s billionaires to give away much of their fortunes. they are invited to take the “giving pledge” by writing a public letter promising to donate 50% or more of their wealth. Mr Buffett himself has written the first, which is published on a website, givingpledge.org. he says he will ultimately give away 99% of his wealth, most of which he has already pledged to the Bill & Melinda Gates Foundation. Although the letters will not be legally binding, they are intended to create a moral obligation which will be reinforced by peer pressure from others who take the pledge—a bit like members of Alcoholics Anonymous who promise to stay off the booze.

The idea took shape at a secret meeting in new York in may 2009, where Mr and mrs Gates and Mr Buffett were joined by David Rockefeller, at 95 the elder statesman of philanthropy; Michael Bloomberg, the city’s billionaire mayor; Mr Turner; Mr Soros; and Oprah Winfrey, among others. It was refined over subsequent dinners in new York and San Francisco.

Since giving up his day job running Microsoft to work full-time at his foundation, Mr Gates has turned into an evangelist for giving, both by the wealthy and the broader public. just as he sought out Mr Rockefeller for advice when he began giving on a large scale a decade ago, would-be philanthropists are now turning to Mr Gates. they include the new rich from the developing world. Mr Gates has hosted dinners in China and India, and predicts that India will become second only to America in its high-end philanthropy.

One carrot for those who take the pledge will be an invitation to what is expected to be an annual “Great Givers” summit. Although Mr and mrs Gates and Mr Buffett say they have no agenda other than encouraging giving, it would be surprising if the summit did not look at how to be an effective giver. The Gates Foundation has an obsession with achieving demonstrable change with its money.

The new campaign comes at an interesting time for the rich in America. thanks to Wall Street’s leading role in causing the economic downturn, bashing wealthy businesspeople is back in fashion. even Mr Buffett has been given a tough time over his investment in Moody’s, a credit-rating firm that approved lots of dodgy mortgage securities. There is every chance of higher taxes, though due to the oddities of George Bush’s tax reforms, for 2010 only America has no inheritance tax (making this, in the words of Mr Gates’s father, an advocate of inheritance tax, “throw momma from the train year”).

The financial crisis also caused many wealthy people to slow down their giving, though their financial health has bounced back far more than that of the average American family. so far, four other tycoons (all well-known philanthropists) have publicly agreed to take the pledge: Eli Broad, a Los Angeles billionaire; John Doerr, a Silicon Valley venture capitalist; John Morgridge, a former boss of Cisco Systems; and Gerry Lenfest, a media entrepreneur. more are promised.

Mr Gates reckons that only about 15% of the wealthy currently give away large amounts of their fortunes. Half of the total net worth of the American billionaires on the 2009 Forbes 400 list is over $600 billion. so there is plenty to play for.

Keeping up with the Gateses

Bill Gates and Warren Buffet are challenging the world’s richest people to pledge 50% of their net worth to charity, according to a lengthy Fortune article.

They are starting with members of the Forbes 400, with a combined estimated $1.2 trillion. Half of that is $600 billion, a figure that would have a huge impact on philanthropic institutions.

A year ago in May 2009, Gates and Buffett hosted a dinner that featured the world’s elite. only now have details spilled about what happened at the dinner.

David Rockefeller hosted the dinner, and in attendance were Oprah Winfrey, George Soros, Michael Bloomberg, and Ted Turner, among others.

Letters of invitation were sent out with signatures from Gates, Buffett, and Rockefeller. It’s hard to turn down an invitation when those names are at the bottom.

The guest list was leaked by Chuck Feeney, which prompted a cone of silence over the 2nd and 3rd dinners, whose guests have not been outed.

Similar

• Time To Buy Gold? Peter Schiff Thinks Gold Could Hit $5,000 (GLD, GDX, ABX, GOLD, PHYS)
• How Smart is your Trend? – Interview with Chip Brian
• Peter Schiff says Gold May Hit $5,000 an Ounce
• Passport Capital Likes Natural Resource Stocks (AAPL, MCK, CF, TEVA)
• Kenneth Star to James Altucher: I Don’t need your Fund, I get 20% Returns with my Ponzi Scheme

Gates, Buffet Challenge World's Wealthiest to Give Half Their Net Worth to Charity

“China has been investing in commodities. So have other economies… The Chinese economy is a successful economy… I wish China would be rich enough to control all the markets like that.” Jim Rogers told CCTV

“Anything a country can do to the capital market and raise capital for entrepreneurs are good for the country and entrepreneurs. China is doing a very wise thing. There will be some problems there. but there will also be some great success…” He added

Jim Rogers has been bullish about commodities for quite some time. in 1998, he created the Rogers International Commodity Index to make it easy for investors to take advantage of the commodities rally….
Source CCTV >>>

Tags:
http://www.Jimrogers.tk Jim Rogers Peter schiff swine flu asia china commodities Schiff Glenn beck Gerald Celente Marc Faber Nouriel Roubini George soros Dollar Amero euro currency Ron Paul Warren Buffet scandal dollar Fema Camps toxic assets NWO UK Britain pound sterling gold Max Keiser Lou Dobbs civil unrest turmoils

Commodities Guru Jim Rogers still bullish on Hot Commodities