Investors Business Daily: George Soros, Agent Of Chaos

[Patricia M. McBride]

As one might expect, Soros is in the thick of the Occupy Wall Street fiasco.  He is their patron saint and all the while this gets the sunshine off the Obama policies that are making our economy even sicker than it needs to be and also taking the sunlight off all those Washington politicians that forced banks to make loans to those who could not afford them, because they thought everyone should own a home.  They were not alone, but they pushed what started this mess we are in and are still doing things to upset the apple cart!

 

Posted 10/07/2011 06:55 PM ET

The Left: Billionaire George Soros declared sympathy for the mobs swarming Wall Street and blaming banks for the economy. Strange that a man who should be anathema to these parasites' agenda is actually their patron.

The "Occupy Wall Street" blame-the-banks movement in New York and other large cities is proving itself to be more AstroTurf than grass-roots political movement by the day.

The latest presence: billionaire big-foot hedge-fund speculator George Soros who has declared fealty to this unkempt bunch. "Actually, I can understand (the protestors') sentiment, frankly," he told reporters in New York. "I can sympathize with their grievances."

Not only is the $22 billion-dollar man declaring the motley mob the protagonists in a vast struggle against capitalism, the activist groups he's funded, such as the Tides Foundation, MoveOn.org, and a new one, led by self-described communist Van Jones called "Rebuild the Dream," are now its most active organizers.

"People before profits," "Occupying Wall Street," and "Marx was right" are the result, which can be read in the protest signs on Wall Street. And the common thread in all of this is to blame banks.

That makes Soros' presence curious. For one thing, two years ago, Soros was a vocal proponent of bank bailouts himself. The U.S. needs "radical and unorthodox policy measures" to prevent a repeat of the Great Depression, he told Reuters in 2009, calling for all of TARP's $700 billion in funds to recapitalize banks and write down U.S. accumulated debt.

It isn't the only oddity. A notorious currency speculator whose secretive vandal-like attacks on Third World (and U.K.) currencies have left economic wreckage, Soros gets little affection from global grass-roots people.

Along with Goldman Sachs and other investment banks, his campaign cash has bought influence with politicians such as President Obama, making him one of the few who can drop by on short notice to the White House, as records show, a perfect example of special-interest politics, something the protesters also detest.

Then there's Soros' 2005 insider-trading conviction in France, upheld this week by the European Court of Human Rights. Money is all that kept him out of jail.

So if there's anyone who's a stereotype of all that's hated about Wall Street, it's him. But now he's the protesters' patron, sympathizer and funder, along with his allies in thuggish unions like the Service Employees International Union, which is prominent in the protests.

Once you know how Soros thinks, it all makes sense.

read more here:  http://www.investors.com/NewsAndAnalysis/Article/587505/20111007185...

[Patricia M. McBride]

You are very welcome JL.  You also post some very provocative things :).

[JL Gawlik]

I L❤Ve that all of this is coming through to the light so all can see and read. Thanks Patricia!