HowardGeorge Soros Wants More Cash
Real Crash- Looking at the Financial System and the War Drive:
George Soros is back for more cash
As we enjoy the honeymoon period with the Obama administration, the dark forces gather just over the horizon. George Soros (link), the Nazi-trained Golem demands more cash to defend his bloody mess of a banking system. Soros claimed that the anticipated Obama $800 billion stimulus package would "not be enough to turn the situation around." He further claimed that because Paulson and friends had "misused" the TARP bailout money, they had thus "poisoned the well," and had made it difficult for Congress to get support for a large enough package.
Soros then informed the gathered mayors that "the economies of the world are falling off a cliff," and that "this is a situation that is comparable to the 1930s. And once you recognize it, you have to recognize the size of the problem is much bigger."
He called for the US to evolve unspecified "radical and unorthodox policy measures," including recapitalizing banks--i.e., bail them out, yet again. Otherwise, the current "deflationary pressures" will be replaced by "the specter of inflation," which could force even more painful countermeasures than the current ones.
Meanwhile, the London Financial Times devoted a page in its Jan. 20 edition to Ann Beeson, the director of US programs at Soros's Open Society Institute. Beeson's concerned comments included: "Now more than ever it is crucial that we act boldly to repair the fabric of this country." The puff piece contains not a single mention of Soros's promotion of drug legalization. Time to get high on the depression.
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