George Soros: To Bail Out or Not to Bail Out
October 3rd 2008 12:45
Real Crash- Looking at Capitalism and its Laws:
George Soros, the alleged "anti-Bush" is hedging his bets on the $700 Billion to infinity, bail out plan. Soros, known for his hedge funds in the Dutch Antilles and Cayman Islands, and also a British Subject (as well as a so-called American) has to be careful. Perhaps he just wants to fart in the face of Paulson, formerly of Goldman Sachs. Soros may be mad that Paulson did not save old Goldman Sex rival Lehman Bros. from sudden death. Soros is a bit too publicly identtfied with the London speculators, the British royal family and things like drug legalization. If he campaigned directly for the bailout, it could be the kiss of death. Actually, in Soros' London Financial Times opinion piece, he seems to indicate that he is waiting for his protege, Barak Obama to become President, and then implement a bail out.
This is why, it is time to put all the speculators, including Soros, through a bankruptcy reorganization. Nothing worse than a bunch of London, Cayman Island crocs and Wall St. speculators on an aggressive beggar campaign. Listen to the Geezer.
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