I really looked for ways to shorten this article for posting. But to pull out even one paragraph would have meant pulling others, and the whole thing is more important than just the sum of the parts.


George Soros Sells America Short – Literally

by Christopher C. Hull9 Jun 2016

The Wall Street Journal reported on its front page this morning that leftist billionaire and Democratic mega-donor George Soros, the convicted insider trader who “broke the Bank of England,” has stepped back into trading personally in recent months.

The Journal reports that Soros is betting against America, adopting “bearish derivative positions that serve as wagers against U.S. stocks.” It is not clear at what point in the first quarter the firm took those positions; the S&P 500 was up 3% on the quarter, so Soros may be in the red so far, according to the Journal report. But on May 16, Soros’ fund disclosed that it had doubled its bet against American stocks.

The reports come in the wake of an exposé of Soros-funded efforts to keep refugees flowing into the U.S., as well as disclosures last year that Soros has poured approximately $33 million into organizations that pitched in on the #BlackLivesMatter movement in the wake of the Ferguson riots, and as violence arguably driven by Soros-funded front groups escalates as the Trump campaign gains steam. Mr. Soros is also helping underwrite “jailbreak” efforts to release as many convicted felons from prison as possible in America, at the same time he pushes to open U.S. borders even wider to criminal illegal aliens and a poorly screened potential security threats.

So. Having now driven a rash of race-baiting riots, illegal immigration, anti-cop carping and Willie Horton-style prison policies and the inevitable crime wave that follows, and the potential for open-borders terrorism, Mr. Soros, a longtime supporter of gun control, just sold off stakes he had acquired in two ammunition makers – at the same time he poured $8 million into a super-PAC supporting Hillary Clinton, who is campaigning on a gun control agenda.

Oh – and he’s shorting America.

But Mr. Soros’ dabbling doesn’t stop at our borders.

Mr. Soros also sees a Great Recession-sized bubble in Communist-controlled China that is about to burst – and is doing everything he can to pop it, to the point that Chinese state media has accused him of “declaring war” on their currency, “trying to create panic for profit.”

He’s likewise betting big on his view that Europe is underestimating the cost of the current illegal immigration crisis from Muslim-majority countries. In particular, he says that the Brexit would spell the end of the EU.

At the same time, Mr. Soros is calling for increasing that cost and acknowledges groups he underwrites are pushing to worsen that crisis, the worst since World War II.

In October, 2015, Prime Minister Viktor Orbán of Soros’ native Hungary charged that the Muslim-majority “invasion is driven, on the one hand, by people smugglers, and on the other by [human rights] activists who support everything that weakens the nation-state…perhaps best represented by George Soros,” according to a report in Bloomberg, “Orban Accuses Soros of Stoking Refugee Wave to Weaken Europe.”

Orbán stressed, “His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional European lifestyle.”

In response, Mr. Soros issued an email statement to Bloomberg Business saying his groups viewed “protection of refugees as the objective and national borders as the obstacle.”

Granting that Mr. Soros views “national borders as the obstacle,” is the protection of the overwhelmingly Muslim refugees the objective?

Mr. Soros admits that “Realistically, it will be difficult for Europe to absorb more than one million migrants,” and his view is further that:

[EU] officials have not recognized the full cost of dealing with the migration issue—the crisis. And they have a blind spot: We estimate that the cost exceeds 10 billion euros a year, and they are nowhere near this figure officially. And one of the reasons why they don’t recognize this is because they don’t know where they would find the money.

Mr. Soros states flatly that in part as a result, “The EU is on the verge of collapse,” and that “the very survival of the EU is at risk.”

Yet virtually simultaneously, Soros insists that Europe “has to accept at least a million” of the Muslim-majority illegal immigrants a year – and “cover the cost of housing health care and education for each refugee for the first two years.”

In another interview, Mr. Soros has further admitted that “It would be impossible for the EU to finance this expenditure out of its current budget,” and so advocates their taking on additional debt instead.

Worse, he actually calls for making it easier for the illegals to make it into Europe, arguing that “if asylum-seekers have a reasonable chance of ultimately reaching Europe, they are far more likely to stay where they are.”

In other words, Mr. Soros is calling for opening the door to Europe as wide as possible to Muslim-majority illegal immigrants, saying that will decrease the number who show up.

Convinced?

Directly in the middle of all this activity, on February 11, 2016, a journalist interviewing Mr. Soros began a question, “You have retired from running your hedge fund and devote all your energies to your foundation.” Mr. Soros failed to correct that misimpression, going on to note, “In danger lies opportunity. It’s always darkest before dawn.”

He may not have to wait long. Mr. Soros’ global bets, mostly on gold, are already paying off. According to the Journal, Soros Fund Management, LLC, has “bought over 19 million shares of Barrick Gold Corp.,” a position that “has gained more than $90 million since the end of the first quarter.” The firm also “bought a million shares of miner Silver Wheaton Corp. in the first quarter, a position that has increased 28% so far in the second quarter.”

But beyond buying gold, he’s not shorting China, or Europe.

He’s shorting America.

He’s betting that the American chaos he’s helping fund, the bursting of the Chinese bubble he’s helping pop, and the EU’s collapse under the weight of a wave of illegal immigration he’s helping crest, it’s the U.S. economy that will pay the price.

For context, the Journal notes that, “The last time Mr. Soros became closely involved in his firm’s trading: 2007, when he became worried about housing and placed bearish wagers over two years that netted more than $1 billion of gains.”

The moves followed his backing of groups like the Orwellian Center for Responsible Lending, which critics charged helped drive the housing crisis by directly running up $5 billion in subprime lending, first making its primary backers even more wealthy, then when the bust came making those who supported the group and bet against the housing market, including Soros, a fortune.

Finally, just for the record, Mr. Soros was convicted of insider trading in 2002 in France for front-running the Socialist-led government’s move to retake control of a major bank.

As the French would (actually, did) say: Plus ça change, plus c’est la même chose.

Or, perhaps, après mois, le deluge…
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Absolute piece of shit? You decide. (I already have.)

 

and Hillary claims to be worried about Trump bankrupting the USA.....
when It is her backer activity doing it if possible.....

good read......someone spent some time putting all that together.....

 

A true patriot, this George Soros fellow

 

So, here's an article Soros wrote a month ago. Considering he's the one known as "the guy that broke the Bank of England" years ago, I can't help but wonder if he did it thinking that people would say, "If he says "stay", we leave".


The Brexit crash will make all of you poorer – be warned

My 60 years of experience tells me the pound will plummet, along with your living standards. The only winners will be speculators

George Soros - May 20, 2016



Now, remember in the article I posted earlier today? He was scooping up gold back in February.


CNBC today:


Soros, Druckenmiller among hedgies profiting in market plunge

Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' surprise decision to exit the European Union, according to people familiar with the matter.
...
Ahead of the referendum Soros, who runs the $30 billion Soros Fund Management and recently took a more active role in the company's trading, argued passionately for Britons to stay in the EU.

"Too many people believe that a vote to leave the EU will have no effect on their personal financial position,"Soros wrote in an op-ed piece published by the Guardian newspaper earlier this week. "This is wishful thinking."

He added that in the wake of an exit vote, the British pound would fall precipitously — as it did Friday — and that there would be "an immediate and dramatic impact on financial markets, investment, prices, and jobs." Whether Soros's portfolio was positioned specifically to benefit from a British exit of the EU, however, through a long bet in the pound or other means, was never clear.

Notwithstanding that, some of Soros Fund Management's positions seemed to be rallying on Friday.

Its holdings in the miner Barrick Gold, its top stock position, and in the SPDR Gold Trust, an exchange-traded fund tracking the commodity were both up markedly. Put options he recently held in the S&P 500 would also appear to have benefited from a roughly 3 percent drop as of Friday afternoon.

At the same time, Soros holdings in European equities like the real-estate company Kennedy-Wilson were notably down. A spokesman for Soros declined in an email Friday to comment on the fund's positions or performance.
-----------------------

All the time telling them to stay, but betting they would leave.

 

This is the man that is responsible for Obama. This is the man that betrayed his own people for personal gain. This is one of the most evil men the world has ever known. There is no doubt he would love to bring down the world's number one economy.

I've always wondered why Obama decided to divide the races, he was just doing his masters business. He has tried his best to divide the country, I have always been convinced his goal was to make the USA weaker. The sooner he is out of office the better.

We had better all pray his successor does not win. The USA cannot take 4 more years of anti USA policy.

 

I have been talking about Soros for several years on this forum.

Soros has funded several leftist politicians in this country, yes, he is trying to destabilize this country, and has been for several years now.

 

Soros also funded Occupy Wall St., through the Tides Foundation.

Soros money also funds some of the Web's most popular "fact checker" sites. An effective way to control the popular perception of truth.

He is a strange kind of anarchist. I think he is a one-worlder... New Worlder... whatever you call it... one world government. But to achieve that end, he is trying to destroy not so much government, per se, as society itself, by dissolving norms and eradicating cultures.

Very strange. I've been watching him for years and it makes no sense. Sometimes it looks like his anarchy is motivated by some kind of warped idealism, but at other times he just looks like an arbitrage dealer who is betting on horses for personal gain and rigging the system (as China and other governments contend) without a shred of consideration for the consequences.

One thing is sure: he gets little or no serious critique by the U.S. mainstream media, and virtually all of them-- all except the WSJ-- give him a good leaving alone and refuse to follow the money. The only possible reason for this is that they're all in the tank for him.

 

!LIBERAL!

 

Someone was reading your mind.

 

Whoo... For a moment I thought this was about Obama, but then I remembered that we don't have a Muslim in the white house...

 

The KOCH Brothers are So American Friendly ??

In 1980, Libertarian vice-presidential candidate David Koch ran on a platform that called for abolishing the Minimum Wage. Thirty-four years ago, that was an extreme view of a fringe party that had the support of 1 percent of the American people. Today, not only does virtually every Republican in Congress oppose raising the $7.25 an hour minimum wage, many of them, including Republican leaders like Mitch McConnell and John McCain, are on record for abolishing the concept of the federal minimum wage.

In 1980, the platform of David Koch’s Libertarian Party favored “the abolition of Medicare and Medicaid programs.” Thirty-four years ago, that was an extreme view of a fringe party that had the support of one percent of the American people. Today, the mainstream view of the Republican Party, as seen in the recently passed Ryan budget, is to end Medicare as we know it, cut Medicaid by more than $1.5 trillion over the next decade, and repeal the Affordable Care Act. “Under the Ryan plan, at least 40 million people — 1 in 8 Americans — would lose health insurance or fail to obtain insurance by 2024. Most of them would be people with low or moderate incomes.”

In 1980, the platform of David Koch’s Libertarian Party called for “the repeal of the fraudulent, virtually bankrupt, and increasingly oppressive Social Security system.” Thirty-four years ago, that was an extreme view of a fringe party that had the support of 1 percent of the American people. Today, the mainstream view of the Republican Party is that “entitlement reform” is absolutely necessary. For some, this means major cuts in Social Security. For others who believe Social Security is Unconstitutional or a Ponzi Scheme this means the privatization of Social Security or abolish this program completely for those who are under 60 years of age.

In 1980, David Koch’s Libertarian Party platform stated “We oppose all personal and corporate income taxation, including capital gains taxes ... We support the eventual repeal of all taxation ... As an interim measure, all criminal and civil sanctions against tax evasion should be terminated immediately.” Thirty-four years ago, that was an extreme view of a fringe party that had the support of 1 percent of the American people. Today, 75 Republicans in the House have co-sponsored a bill that Paul Ryan has said “would eliminate taxes on wages, corporations, self-employment, capital gains, and gift and death taxes in favor of a personal-consumption tax.”

Here is what every American should be deeply concerned about. The Koch brothers, through the expenditure of billions of dollars and the creation and support of dozens of extreme right organizations, have taken fringe extremist ideas and made them mainstream within the Republican Party. And now with Citizens United (which is allowing them to pour unlimited sums of money into the political process) their power is greater than ever.

And let’s be very clear. Their goal is not only to defund Obamacare, cut Social Security, oppose an increase in the minimum wage or cut federal funding for education. Their world view and eventual goal is much greater than all of that. They want to repeal every major piece of legislation that has been signed into law over the past 80 years that has protected the middle class, the elderly, the children, the sick and the most vulnerable in this country. Every piece of legislation!

The truth is that the agenda of the Koch brothers is to move this country from a democratic society with a strong middle class to an oligarchic form of society in which the economic and political life of the nation are controlled by a handful of billionaire families.

Our great nation must not be hijacked by right-wing billionaires like the Koch brothers. They have spent hundreds of millions of dollars
buying what they want !! Not only in Federal elections but State & County elections too !!

If you worked most of your life paying into Social Security do you think it's an Entitlement !! That you are willing to Give Up ??

 

Yes, everything you have stated is 100% accurate about the goof ball.

The man is a master manipulator and a control freak, funding every leftist organization that is in the U.S.

The bad thing is, when the low-life fucker dies, his money will be working for generations to come.

 

Funny how Harry Reid goes on about the evil Koch brothers.

What have they done that is so evil? Support competing politicians and contribute to family values causes.

Yet Soros has Harry Reid by the balls. And many others.

 

I could go through this point by point and show that the ideas that you are calling radical/extreme have in fact been around for a long time, but I'll just stick with the first.

You call the abolition of the minimum wage a radical far right idea.

Well, the Father of Liberalism, MP John Stuart Mill, argued in British Parliament against the minimum wage in the 19th century. He argued that the minimum wage subjugates and indentures people by locking them in at a level of bare subsistence and robbing them of the motivation to develop the skills to advocate for themselves and improve themselves. Government, in short, should not be "keeping" people as farmers keep animals. The minimum wage, in Mill's view, is a set of shackles, antithetical to liberty.

Those ideas are liberal ideas, and they are 150 years old.

 

“We may congratulate ourselves that this cruel war is nearing its end.
It has cost a vast amount of treasure and blood. . . .
It has indeed been a trying hour for the Republic; but
I see in the near future a crisis approaching that unnerves me and causes
me to tremble for the safety of my country. As a result of the war,
corporations have been enthroned and an era of corruption in high places
will follow, and the money power of the country will endeavor to prolong
its reign by working upon the prejudices of the people until all wealth
is aggregated in a few hands and the Republic is destroyed.
I feel at this moment more anxiety for the safety
of my country than ever before, even in the midst of war.
God grant that my suspicions may prove groundless.” Whatever leftist said this should be shot in the head.

 

Sure he is a prick, most of us in the financial industry are ... yet, you don't get filthy rich by accident!!!

His elevator may not go all the way to the top floor but his strategies are sound and I employ similar strategies, obviously on a much smaller scale, but my bank account also says I am doing something right ... ethical, jury is still out on that one but without some losers, there would be no winners ...

 

George Soros is a domestic terrorist that uses money instead of violence to get his way. He uses puppets like Obama and Hilary to do his bidding. If a Republican president had done what Obama has done, and the Democrats were in control of Congress he would have been impeached already. The Democrats are able to get away with it because of people like Soros. People like George Soros and the Rothchild family run this country. The Rothchilds control every dime of currency in this country. If the American people knew what was really going on they would revolt. Atleast the conservatives would. People like DL and RoM have fallen for the farce hook, line, and sinker. There are plenty of good little subjects on this site willing to follow people like Soros straight to the slaughter house. It's sad really.

 

If memory serves, the Rothschilds cornered the banking sector back about the 15th century, folks should not think for a minute that the Rothschilds dont have the control, the family pioneered the control factor.