WhatFinger

Hedge Fund Manager and big-time Secular Progressive

George Soros: ‘I’m having a good crisis…’


By William R. Mann ——--March 26, 2009

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"What good is it for a man to gain the whole world, or yet lose or forfeit his very self?" Luke 9:25 George Soros, Hedge Fund Manager and big-time Secular Progressive, says he is making the most of this financial crisis according to the UK's "Daily Mail."

Just like Barack Hussein Obama and his Merry Band of Thieves, Soros is not letting it go to waste. Dick Morris may well be onto it: These folks are in cahoots! Many may not know what a Hedge Fund is and what a Hedge Fund Manager does. A definition is instructional. "Hedge Fund:" Any unregistered investment fund, often characterized by unconventional strategies (i.e., strategies other than investing long only in bonds, equities or money markets). All hedge funds are supposed to be hedged from risk; hence the name. A unregistered fund has no outside oversight. Minimum initial investments for Hedge Funds can be a million [or more] dollars. The Mangers of these funds, like George Soros, make money from fees assessed to cover their expenses and performance fees for employee bonuses. Soros, a cunning money manager, likely makes money even if the net asset value of his Hedge Fund declines. Soros made $1.1 Billion in 2008 when your investments were sucking wind. Draw your own conclusion. How does this happen?
  • By selling short: Selling short is borrowing a stock from a broker for a period of time at a certain value; and selling that stock [that you do not own] in hopes it will fall in price. When it does, you can buy it back cheaper, and then record the difference as profit. If it goes up instead, you lose; you're likewise on the hook to pay the Broker the difference.
  • By creating/buying/selling derivative investments: An investment whose value derives from other securities, and even other derivatives.
  • By leveraging: Borrowing money for investment that can exert potentially positive or negative effects and outcomes are enhanced for better or for worse.
The potential for wealth or ruin are there theoretical, but the game is rigged. Hedge Fund Managers are paid to make money. They have no soul. They win when you lose big and win big when you win small. Either way, Soros and his pals win. What they do may be legal, but what they do may not be ethical or moral in a Judeo-Christian sense. These are like the "money changers" that Jesus drove out of the Temple. They have made the World Exchanges into their temples. Is it not ironic that George Soros, who has taken advantage of and perverted market economics to become fabulously wealthy, seeks to re-order free market economics in the USA and help the Left install collectivism, syndicalism, and a form of Fascism, that he supposedly resisted during World War II? Perhaps because Soros was anti-Hitler one should not assume that he is anti-Fascist or anti-Marxist. I believe that George Soros and a cabal of assorted power brokers are aiding and abetting this Obama-rama Juggernaut of Marxist Socialism in America. They are ready to move on to their next agenda for a new world order but they must first rid the world of residual pockets of free enterprise and conservatism first. This is why you see everything from: political correctness, to changing definitions, to applying new names to old concepts, to the demonization of the Right. Call it Social Marxism or Fascism; the "iron fist in the velvet glove" is once again on the rampage. The trouble is: many folks are apparently too ignorant about our Constitution to see that it is being perverted before our very eyes. The Soros-supported Left has successfully diverted our attention to the AIG abuses while helping "useful idiots" Pelosi and Reid pass the successive trillion dollar budgets that will plunge us into generational bankruptcy and remove us as an obstacle to their New Market Order, their New Currency [recently again proposed by the Chinese?], and to their New Supra-National Sovereignty. Alas, I may either be seeing the truth or joining the "tin-foil hat" crowd. Would that there were a third way, if so, it eludes me. In any case, the air is less fetid and more breathable where I am now.

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William R. Mann——

William R. Mann, is a retired Lt. Colonel, US Army. He is a now a political observer, analyst, activist and writer for Conservative causes. He was educated at West Point [Bachelor of Science, 1971 ]and the Naval Postgraduate School [Masters, National Security Affairs, 1982].


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