reply to post by surrealist
Say what you want about Soros, but he's NOT dumb! You don't make billions being stupid.
Fact is, the stuff that caused the crisis, rampant deregulation of the financial sector and the separation of Wall Street from Main Street, hasn't
been fixed. Instead of introducing new regulations that would prevent such a crisis in the future, everything's back to normal now. I work in real
estate investment, and the amount of stupid stuff I get to see every day is bind boggling.
If you want to fix this, check who voted AGAINST new regulations that would have prevented such issues in the future...funny enough almost 100% of
republicans voted against it. Just like they voted against fixing a tax loophole that allows giant corporations to lay off thousands of people, while
making BILLIONS of profit (Exxon anyone?), and then paying ZERO taxes while the rest of us has to pay their fair share. In reality, it's even worse,
those companies get SUBSIDIES. Subsidies that are supported by the very same people who shout around "free market" as if that's what they really
Politics have been taken over by big business, and politicians now only care about pleasing the very people (lobbyists) that pay their bills...instead
of working FOR the people.
I'm always baffled at the people voting for the GOP or tea party just because they buy into the "free market" and "less government" lie. If you
actually bother looking up how those politicians vote, you realize they only vote in favor of big corporate donors.
Having said that, many democrats are now in the same boat and are just as corrupt.
Until the system gets fixed, nothing will change and we'll head further down a dark hole. Soros, amongst others, realizes this. Clever man...
What baffles me, is to read stupid posts like this:
Soros wants this collapse.
He helped engineer it's design.
That single posts shows an incredible lack of economic knowledge. The collapse is the result of one thing, and one thing only...the deregulation of
the financial sector to the point where they can screw us all over. Last I checked, it's the politicians (who get paid by corporate lobbyists) who
voted in favor of deregulation.
Now you could say Soros donates money to politicians too. And you're right. But if you bother to dig deeper (the above poster clearly didn't), you
realize that it's not the politicians Soros supported that voted in favor of the deregulation.
But who cares about facts if they might just as well get spoon fed opinion, right? People's stupidity has no bounds.
edit on 28-6-2011 by
MrXYZ because: (no reason given)