Soros: China should lead 'new world order'

President Obama has issued the power and authority of his office to Commerce Secretary Gary Locke, an (American of Chinese descent) and two term Washington State governor - who is now in China.



Specifically, the delegation of powers reads:

"Presidential Determination No. 2009–31 of September 29, 2009 Presidential



Determination On the Delegation of Certifications Under Section 1512 of Public Law 105–261 Memorandum for the Secretary of Commerce



By virtue of the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of Title 3, United States Code, I hereby delegate to you the functions of the President under section 1512 of the National Defense Authorization Act for Fiscal Year 1999 (NDAA). In the performance of your responsibility under this memorandum, you shall consult, as appropriate, the heads of other executive departments and agencies. You are authorized and directed to publish this determination in the Federal Register.

And what exactly does this Section 1512 authorize?

Sec. 1512. Certification of exports of missile equipment or technology to China.

SEC. 1512.

CERTIFICATION OF EXPORTS OF MISSILE EQUIPMENT OR TECHNOLOGY TO CHINA.

The President shall certify to the Congress at least 15 days in advance of any export to the People’s Republic of China of missile equipment or technology (as defined in section 74 of the Arms Export Control Act (22 U.S.C. 2797c)) that— (1) such export is not detrimental to the United States space launch industry; and (2) the missile equipment or technology, including any indirect technical benefit that could be derived from such export, will not measurably improve the missile or space launch capabilities of the People’s Republic of China.

So, that's why our Commerce Secretary is in China this week, maybe?

Soros made his name by reaping the dividends of another financial meltdown when he "broke the Bank of England" by short-selling the pound sterling before the currency dropped out of the European Exchange Rate Mechanism in 1992, landing Soros a profit of around $1.1 billion.

"I don't know why on Earth they interview Soros since he has been proven again and again to deliberately spread financial rumour for his own exploitation and gain," wrote one, "Soros became a multi multi billionaire precisely through manipulating markets like this - if this man says that we are heading for a 1930's style crash you can guarantee he already has plans to profit from it."