Posted by
grad_1986 on Monday, September 07, 2009 1:03:42 PM
I used to wonder why a super-rich person like George Soros would want to support liberal candidates and causes when most likely those candidates would cause taxes to be increased and therefore take more money from people like Soros. Maybe I was naive and never realized that the super-rich never have to concern themselves with paying taxes as they can easily shelter their money abroad in Swiss-banks and other locations.
But then I later read an article on how Soros used his influence to affect other countries economies as well and is become a multi-nationally-hated-person as well. So what's in it for him? I used to think Soros was a capitalist but now I see his is NOT a capatalist, but instead is an OPPORTUNIST. Capitalists believe in owning companies, growing capital ( land, resources, buildings, equipment, patents etc..). But people like Soros are merely opportunists and look to make money when and wherever possible.
To help illustrate my point on how Soros makes his money, imagine you go to a 3 horse race where the odds on the horses are:
A) 2 to 1
B) 3 to 1
C) 20 to 1
Clearly horse A or B is favored to win and most people are going to put their money on them. Soros however comes in and puts his money on C. Now that looks crazy! That horse has hardly ANY chance to win. Why would he do that? That is because unlike you and me who place our bets and then go sit in the stands to await the race results, Soros is so rich he can payoff the barn manager to let him into the barn. He then goes in and takes a 2-by-4 and wacks horses A and B right in the legs and maybe even in the balls. He then goes out and watches his horse go on to win the race. We play by the rules .... Soros does NOT.
Now how does he do this in the real world? Soros places legal "bets" on Wall-Street called "hedge funds". In Great Britain he bet that the british pound would go down in value. He then used his billions to support the Labor Party (our democratic party) candidates and got them elected. Once elected he made them ratchet up their government spending to unbelievable amounts. This of course caused GB to print more money to cover their spending and WHALA! The British pound when down in value and Soros ending up making BILLIONS of dollars. He also did the same to the Japanese dollar and now he wants to do the same here in the U.S.
We need to wake up and see that it's NOT Obama who is in control here, but instead Soros who is pulling the strings behind the scenes waiting to collect his billions when our dollar tanks from all of our spending. We need to reform Wall Street and prevent this kind of "betting" from being done that in the end hurts us the American people and making people like Soros even more rich.