World Renowned Investor George Soros 2/20/09 - "I see no bottom for world financial collapse"

Soros sounds more like an escape convict from some lunatic asylum...
Why don't someone throw this moron out the 33'th floor window, watch this dudes stock go down.. lol

reply to post by ProtoplasmicTraveler


Wow! Someone with some common sence!
Someone who was most likely either watched The Money Masters, or patched it together with real truth from other sources.

This Bank BS is just nothing but thin air. They could re-write a loan to a 50 year Mortgage at 2 percent and it's still all profit. Investors and high level rich might loose some money. big deal.
As far as pension funds etc. They could cap the loss, and it would build again from there.

Most of you need to look up how our money and banks work. It's fiat money. Nothing needed but a printer. It's leveraged banking. For every ten thousand of real money they invest, they create 1 million out of thin air to loan out and collect interest on.

So in order to really lose money, you loan a million on a house, they put at least 10 thousand down, plus enough to pay fees which cover your actual costs. They make some payments and go into forclosure. They take the house back that they never paid for. So it's not worth at least the 10thousand that they have invested? BS

This does not count the money that invest put up and by this crap packaged up on the market. To bad. Wall Street, you knew the banking gig from day one. If you didn't, you should not have been playing with other peoples money.

As for people living off of retirement, like my folks. Tough Sh#t. You and your parents let our country go. You did not want to stay educated to a degree to actually protect our freedom.
You gave it away in 1913. A few of you did fight here and there.
We can take care of your needs, but at this point, it looks as though you are moving in with your kids, or a retirement place that is ok, but not luxury.
If you were smart enough to pull out and buy gold and put it into cash, good for you.

There is a easy fix to all of this. Nationalize all the major banks. Let the local ones with under a certain amount stay for a starting point later.

Repeal the 15th Amendment. That gets rid of the privately owned Federal Reserve Bank. Take it's structure along with the Central Banks. Yes for free, they have made enough tax free money for 96 years.

Start print new fiat money to replace the old. Do not do leveraged loaning.
At this point they are not loaning anything, so it's a great starting point.

In less than 2 years, our Economy would be up and running strong again.

Some other things need to be adjusted like anti-trust and monopoly laws to not have any of these "To Big To Fail" compaines.

If the rest of the world does not like it, tough SH**. If we fall now with this system, the whole world will be in chaos anyways.

If they do not fix it like above, expect and prepare for the worst that you have been warned about. Because it will happen. They will force us to do whatever they want.

If you can't figure who they are, you did not follow the money far enough up the ladder. What did you think their was a "real" cause for wars.
hahahaha

If people here at the last world stand, the USA, want to face the fact that if we stand up like we have the right, make your state take control of this monster and set it straight. You cannot hide, shy away from it.

You cannot claim ignorance if you are on ATS. You have no excuse. Learn the truth. It's here. It's out there. It's everywhere.
It's our American History!
If you know the truth, the answer is plain, clear and simple.





I really get tired of doing this.
But I served, and swore to defend and uphold the Constitution.
I will do it with my life if I have to. But if I can educate people enough to wake up, I can live another 40 years, well at least 25 anyways.

reply to post by weedwhacker



yeah I posted it up, glad someone asked the question.

People really have to not be so ignorant.

It's out there, it's here, learn it! Deny the Ignorance that takes you over.....

reply to post by BlackOps719


Star for you too. A few that know what the hell has been going on.

Hey, they can be stopped at any time. There hold on us is just air.

Originally posted by weedwhacker
reply to post by Logarock

 

logarock....just re-read your post....still chewing on it, but so far, quite meaty, indeed.

Here's a shout-out to the ATS people, all smart and accomplished....any ideas as to a solution to this economic mess???

THIS is the place....we just need to get George Soros to look, and pay attention....anong wiht about a couple dozen OTHER Billioniares.....

EDIT.....radical idea, but since I may have somebody's attention.....

IS CAPITALISM DEAD?

I don't mean Democracy, when I ask that!!!

IS THERE a way for democracy, and all the good bits survive, without a capitalistic money system???

maybe this needs a thread of its own.....someone can do it.....

[edit on 2/21/0909 by weedwhacker]

Sort of but no.

reply to post by BlackOps719


just saw this story on marketwatch, sat the 21st of feb.

www.marketwatch.com...

going out today to some local coin shops and buying up old silver coins for barter if the SHTF.

Everyone needs to slow down. This is exactly what George Soros wants. He is shorting equities and spreading fear so everyday Joes will think the world is ending. They, in response, sell their investments which devaluates the stock market and Soros laughs as his billions of dollars expands. You are being manipulated. We are not Japan in the 90's. Their government knew their banks were in huge trouble but chose to hide their problems to buy some time to figure out a solution. Our solution is to set up a market got the distressed assets, have the government buy them off of the banks and then resell them and use the profits to pay down our debt. The stimulus was botched. It should have been 75% construction and 25% tax cuts. We instead got screwed.

I'd just like to congratulate the posters on here and on all the other alternative sites. We all saw this coming, in spite of what the lieing main stream media were telling the public just a few months ago. We stuck to our beliefs and now here it is. the banks are in shell shock, as are the markets, but we are not.

Now they just have to start listening to a few other things we've been saying these past few years.

Respect to us all.

Soros' goal is nothing short of the complete collapse of capitalism, and the institution of communism in the western world, with a select, elite ruling class.

That is the main reason he gives millions to Liberal Democrat candidates, the reason he funds moveon.org, and the reason he found, groomed and financed Obama's rise to power. In Obama, he saw the perfect Marxist who would push the USA to the breaking point.

We will now change into a totalitarian socialist country, or we will descend into a third-world hell. Either way, Soros wins.

He is the man behind the curtain.

I was afraid it is going really bad and in fact we are close to the point that only war will be a solution. and I was sure thay really have a plan like this.

but when I can see Soros making such a statement I am pretty sure that we are almost on the bottom now. why? cause for last months they are playing with us very ugly. I never belived those Bas#####s and they are misleading us to get as much as possible from our fear. this can be the last approch to buy for nothing all what is left in normal people hands - shares, houses, lands, companies, etc.

let's just go on with the bussiness and do not get f##ked by Soros, Bilderbergs and Co.

take care guys

reply to post by j2000



This is great. Its all in the definitions isn't it.

When a home sells its really one bank buying it from another. They just need a pivot man for the circle jerk. A hamster on the wheel.

If you go belly up its a wright off for one and the other doesn't give a flip.

By the way not a lot of talk about foreclosure insurance these days, another fine thing.

Yes its all just company script, thats what they dont what us to figure out. A bunch of control numbers in an account.

One will notice the way the right talking heads start beating the drum on the galley ship at a faster pace during the big government hand out times. Like now. Spurring the productive to solidify their commitment to the machine while others get bailed out.

Why? Becouse when you have a big bail out the galley slaves must row ever harder to balance the game. The only way the bail out works is if the majority of people pay 300,000$ during their life time on a 100,000$ loan.

And taxes. And consume, consume, consume.

So you sell your house off at the end of 30 years and what do you get? A little consolation prize? Your still 200,000 plus expenditure in the rear! Wow thats a crap investment.

The only difference between renting and buying is that you get a consolation prize at the end of the 30 years.

Check these 2 predictions made by the same person. First one made in July 2008 when the DOW was about 11500 & the FTSE was around 5500 - looked like a crazy prediction back then, but pretty good overall.

Then look at the second prediction posted yesterday/today:





[edit on 21-2-2009 by Power_Semi]

Originally posted by infinite


The collapse of capitalism, as stated by H.G Wells in The shape of things to come, will result in a world government lead by a benevolent dictatorship.

World government is inevitable.

I don't know. History has pretty much proven that absolute power corrupts absolutely, and when and if there is a regime change typically the new regime isn't benevolent at all.

If they are to form a world government as you say, the liklihood of it being benevolent and for the people is slim to none. More likely it will be the same power mad lunatics who control the money and the wealth who will assume complete dictatorship over the "heave nots" only this time on a global scale.

Face it, it isnt in mankinds nature to be benevolent, and when strapped with all of the power most people will abuse it to their own advantage. What I see coming is a power struggle versus good and evil, with the winner getting to paint the future canvass of the world.



[edit on 2/21/09 by BlackOps719]

So what. I don't think I care anymore. If the stock market crashes and the SHTF then so it be. It will be hard for a while and then things will go back to their normal, uncaring, corruptive ways in a few years time, probably worse than before...dooming ourselves to the same fate as before 30 years from now.

The day before, as a consequence of the subprime mortgage crisis caused by faulty social assumptions (that people with the inability to pay loans, could) the announcements had been made that Lehman Brothers would file for bankruptcy and that Merrill Lynch would be sold to the Bank of America. There was proven concern that the stability of global markets were in jeopardy. What was not expected, however, was the targeted run on the banks described in the commentary by Paul Kanjorski.
 
A certain well-known financier has a theory, a theory that "...financial markets cannot possibly discount the future correctly because they do not merely discount the future; they help to shape it. In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect."
 
In other words, markets can be manipulated at the right time by creating "dynamic disequillibrium." The theory was put into practice in 1992 in a manner that collapsed the European monetary system. In 1996 and 1998, the same principles were applied in response to the Asian currency crises.
 
It appears the timing of the Kanjorski-described bank run of mid-September 2008 was applied to create dynamic disequillibrium, and it succeeded spectacularly. By creating a cascade effect that impacted the American economy, the market manipulator succeeded in creating a situation that directly led to – dare we say it – regime change in the United States.
 
One man – a person found guilty of insider trading and who, according to BBC News, “is widely known as the man who ‘broke the pound’, after helping force sterling out of Europe's exchange rate mechanism in 1992” - has made no secret of his desire for regime change in the United States. Indeed he has said the following:
 
"America under Bush", he said, "is a danger to the world, and I'm willing to put my money where my mouth is."  That man is George Soros. In fact, it is reported that Soros spent over $20 million in 2004 trying to defeat Bush.
 
Soros has not made any secret of his disdain for Capitalism in its current form, either. In his book, Open Society, he wrote, "The main failing of global capitalism is that it is too one-sided: it puts too much emphasis on the pursuit of profit and economic success and neglects social and political considerations."
 
According to Robert Slater, George Soros has long sought to "wield power in Washington, not by winning elective office nor even by being appointed to an important cabinet post." In other words, power without accountability or oversight.
 
What was George Soros doing on or about September 15th? And whose money was he leveraging?

We have an idea:

House Representative Paul Kanjorski (D-Pennsylvania) let slip in a January 27, 2009 interview on C-Span the following about a discussion in a meeting he attended with Secretary of the Treasury Hank Paulson and Federal Reserve Chairman Ben Bernanke:
 
"…at about 11 o'clock in the morning, the Federal Reserve noticed a tremendous draw down of money market accounts in the United States to the tune of $550 billion, as being drawn out in the matter of an hour or two.
 
"The Treasury opened up its window to help. It pumped $105 billion into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there, and that's what actually happened."
 
If they had not done that, their estimation was that by 2 o'clock that afternoon, $5.5 trillion would have been drawn out of the money market system of the United States, would have collapsed the entire economy system of the US and within 24 hours the world economy would have collapsed." more

Is this not all part of the grand plan though, that the perps have instigated yet another financial collapse their objectives being les sand lless banks and businsess so we end up with super banks and super businesses. That what they want is it not, these events arent just market forces, thats just bull.

No what is happening has all been planned and designed to do so, the big question is what will the World look like when we come throught the other side. How many will die and suffer and what is the ultimate aim of the major players who hold all the cards?

Lets say your home cost 100k it goes up to 200k in a few short years. Thats great right?!? Well on paper it looks great until you want to sell it and buy another house that just went through the same wild Appreciation.

Hmm where did that 100k go that you "made" on your own house???

Well??? Maybe it wasn't really there to begin with???

Its all just a bunch of paper.

Ask yourself if you really OWN your home.....


I own the shirt I am wearing... ugh nevermind..

"they" want to go back and keep that fantasy alive?

reply to post by ranhome


what?

Originally posted by ranhome
Lets say your home cost 100k it goes up to 200k in a few short years. Thats great right?!? Well on paper it looks great until you want to sell it and buy another house that just went through the same wild Appreciation.

Hmm where did that 100k go that you "made" on your own house???

Well??? Maybe it wasn't really there to begin with???

Its all just a bunch of paper.

Ask yourself if you really OWN your home.....


I own the shirt I am wearing... ugh nevermind..

"they" want to go back and keep that fantasy alive?

Right!

It was all nonsense but people just couldn't see it. All they thought about was "I've made so much money" when in reality what they had actually done was borrow so much money.

As a consumer lower prices are better, not higher one.