 |
 |
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
|
|||
 |
|||
|
|||
 |
|||
|
Soros Compares Mishandling Of Current Crisis To Great Depression
- Text size
Paul Joseph Watson
Prison Planet
Wednesday, September 17, 2008
Billionaire investor George Soros has slammed US Treasury Secretary Hank Paulson for behaving in the same manner as bankers in the 1930’s and mishandling a financial crisis that threatens a repeat of the Great Depression.
|
|
 |
|
| Billionaire investor George Soros has slammed US Treasury Secretary Hank Paulson for behaving in the same manner as bankers in the 1930’s and mishandling a financial crisis that threatens a repeat of the Great Depression. | |
Soros told BBC Newsnight that the world was merely at the beginning of a financial storm and warned, “We mustn’t allow the financial system to collapse as it did in the 1930s.”
Referring to Hank Paulson, the US Treasury Secretary, Soros stated, “The way Paulson is handling the situation is reminiscent of the way the bankers handled it in the 1930s.”
He added: “The financial system has gone overboard and the financial engineering has grown to big, it takes up too big a share in the world’s resources.”
“Now it is shrinking. When it becomes regulated it will be less profitable than the last 25 years.”
Soros, a former member of the Board of Directors of the Council on Foreign Relations, is ranked by Forbes as the 99th richest person in the world with a net worth of around $9 billion.
Ironically, 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.
 |
|
|
|
|
In 2006, the highest court in France upheld a conviction that Soros had practiced insider trading when he bought shares in French bank Société Générale after discovering that the bank was on the verge of a takeover.
Soros has repeatedly predicted fiscal armageddon, writing three books about a “superbubble” that is on the verge of collapse.
In response to those accusing him of crying wolf in an effort to panic financial markets and benefit from the fallout, Soros stated, “I have a record of crying wolf…. I did it first in The Alchemy of Finance (in 1987), then in The Crisis of Global Capitalism (in 1998) and now in this book (2008’s The New Paradigm for Financial Markets). So it’s three books predicting disaster. (After) the boy cried wolf three times . . . the wolf really came.”
Respondents to a Daily Mail article about Soros’ comments accused the financier of engaging in wanton hypocrisy.
“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.”
|
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
September 17th, 2008 at 10:26 am
Sounds like he is at least as surprised as Greenspan……
He sure sisn’t see it coming ?..
Yeah.. And I was surprised to see the sun rise in the east today…. and even more surprised to see it set in the west.
September 17th, 2008 at 10:39 am
Ditto #1!
September 17th, 2008 at 10:45 am
I’m not anti-semitic at all, but can someone please explain to me why nearly all of these financiers are Jewish?
September 17th, 2008 at 10:58 am
the american dollar is no good..
for that is what i’ve been told….
we all must now get….
silver and gold!!!
don’t get mad!
don’t blame that on me…
what shall we blame?
aww, yes the rfid!!!!!
join me in my mission…
to fin dall the facts..
what ’s going on w/
the no bid contracts?
we musust spread the word….
i shall no bite my lip….
whats is the deal….
w/ youtube censorship????
yes it is me!!!!
it is I whom is phoning,
i was just inquiring
about the cost of cloning!!!!
fuck tattooing my skin!!!!
tattoo my bones…
w/ a little sign that reads….
“georgia guildstones”
u should not be standing….
let’s all get seated…
i think a revolution…
is needed
i am not a cowgirl
i do not say hee haw…
i just sit and study…
“the martial law”
i think we should stop..
let’s take a poll…
what do we all think..
about gun control????
i am not good,
nor am i fine…
i feel as if i’m being,
destroyed by design…
for i am on a trip…
and not to see my granny…
i am on the road…
on the road to tyranny…
it’s time we stand up….
stand up and fight….
where are you going
w/ my 2nd amendment right????
thats is so real….
and quite surprising….
dont you feel like….
truth is rising?????
so everyone…
even you prudes….
you better go fast and
get your storable foods!!!!!!!!!!!!!!!!!
September 17th, 2008 at 10:59 am
I was once on a plane….
using the potty…
I was singing aloud….
“Illuminati”….
Then after that,
i had to take a poop…
But all i could think about….
was the bilderberg group.
I was not headed,
to some dark, dank cove…
For i was flying
to bohemian grove!!!!
For this is true
as true as a chemtrail!
as true as skulls
& bones @ yale!!!!
Flyin above farms,
was a crop circle….
it was made,
as the face of steve urkle.
My friend, i’m afraid.
That this is no error..
This is not a
false flag terror!!!
Look outside your door….
u will find millions…
millions and millions
of fuckin reptilians!!!!!!
But now its time
to cross the border
and run away
from the new world order
September 17th, 2008 at 11:00 am
If my educated guess is correct Soros is a shill and works for the elite.
He is rumored to be Satanic, no surprise.
Look up his organizations and with a little study you may come to the same educated guess.
Buffet is connected to the Rothschild’s and seems to be able to second guess the market which is an amazing feat. Anyone who rises rapidly and gets a lot of attention so they are followed seems to be repeating the J.P. Morgan scenario. Notice how they give tons of money away but others don’t, or with little or no media. Look at their connections…
Hold your friends close and your enemies closer.
adieu
September 17th, 2008 at 11:04 am
In 1984 was a….
story so true…
are u scared….
big brother is watching you?
i wish i could see,
a boat a sailin’
takin off…
with ms. sarah palin.
what is that?
“hand’s off dude!!!!!”
never touch…..
gmo food!!!!!
haven’t u heard?
it’s all over the street.
people are talkin..
talkin bout “the elite”
i’d rather you beat me.
with pans and pots.
before u come near me…
with cancer in the shots…
i will not stop here…
for i can not ” can it”
fuck the world…
this “prison planet”
i keep to myself
and to all of my chores,
like catchin up facts…
from infowars.
i’m sure theres a sign
in the world trade organization.
“free autism”
from an innoculation.
it makes me tremble…
shiver thru my bones.
i hope u have mutaul feelings….
alex jones!!!!!
sometimes i just sit,
i just want to sob….
i know 9/11…
was an inside job.
everytime i think about it…
my eyes get all teary…
the world needs love…
not a conspiracy theory.
for that i just…
do not desire…
it is all just one
evil empire!!!!
just remember, rockefeller!!!
just because you have all this money..
the grass aint always greener…
&the days arent always more sunny!!!!
you have a thousand bills in your pocket
and a bottle of vermouth
but wont even give away
your change that is loose
it’s not all dandy.
life sure aint great!
just because its a
police state!!!!
i wish i could take off
with a guy that we all like!!!!
u know who you are….
yes!!!!! it’s you david icke.
cuz things are gettin worse..
life will never be the same..
not with whats goin on…
you know…”the endgame”
to hell with all the people,
any shape or form…
the ones that all created
this big ol terror storm!!!
here’s an idea…
a good one perhaps….
start on fixing….
the economic collapse.
you guys could never
be friends of me….
for all of you…
are just fabled enemies!!!!!
jason bermas….if your’re reading this…
don’t they think they’re sharp?….
i need to ask…
just, who the hell is the HAARP?
we need to come together,
come one, come all.
and vote together!!!
vote for ron paul.
September 17th, 2008 at 11:20 am
Soros and co. is one of the chief instigators of the whole charade. Remember the elite always tell you the truth and what will come in the future. Soros is no different…. yeah, believe him when he says it is a new developing depression. He is correct! He knows it ’cause he caused it with his idiot NWO scum. He is with these bastards that are ruining the worlds economies and most of us know it…. This guy is NWO. Get it!!!!!!
September 17th, 2008 at 11:32 am
All Soros is really saying, hey suckers I want in on the game, stealing the wealth from the middle class.
September 17th, 2008 at 11:42 am
There’s no conspiracy. And if it is, Jews have nothing with it. The sky ain’t blue.
September 17th, 2008 at 11:50 am
porkdogs.com
September 17th, 2008 at 12:34 pm
All of these “institutions” are losing billions of dollars. My question is who’s their bookkeepers and why didn’t they say something when they lost a billion dollars. And why should we pay for their fuck ups.
September 17th, 2008 at 12:50 pm
maaan
I’ve been planning to buy gold for months and just as I’m about to BOOM this happens and goldprice skyrockets :’(
September 17th, 2008 at 1:00 pm
Isn’t Soros a F***ing Jew ???? Wasn’t he on the Council Of Foreigh Relations ??? He is part of the problem !!!
September 17th, 2008 at 1:15 pm
Keep disciplined with your money right now. Look at what gold is doing today.
http://cheapogroovo.vox.com
September 17th, 2008 at 1:27 pm
If they are Jews, then why were they behind the biggest slaughter of Jews in WWII, that does not ad up. Search a little deeper. They are actually occultist and own all the money of the Vatican, an enormous wealth. Their program is purely based on seeing themselves as gods. Jews are used as a wig between the west and the muslims. HItler himself is the grandson of Baron the Rothschild of Viena.
Do the research. These are not Jews, and don’t present the Jewisch people and religion.
Search for Rabbi Weis on youtube http://www.youtube.com/watch?v=M9OIqy6md9w
September 17th, 2008 at 1:31 pm
You guys are anti-semites. Let’s look at the real issues here and keep your hatism and racism to a minimum, please.
September 17th, 2008 at 1:42 pm
The (behind the screan) creators of the Jewish state are the same as the ones creating the holocost. Something very fishy going on.
September 17th, 2008 at 2:04 pm
Oh well; let me start storing food!! But I have heard that they will be knocking on our doors and demanding that we share our food with our neighbors if they deem that we have too much food per person!! And many of them will be shot for trying to steal peoples food so that won’t work!!
September 17th, 2008 at 2:09 pm
#21 You forgot to mention that Hitler’s image and personality was created by British MI6 Alleister Crowley, and that the Brits claim to be the lost tribe of Israel. The “bad jews” you refer to as Talmudists and Zionists are actually British Israelists, other wise known as Anglo-Israelis. England manufactured WWII so they could get back the “holy land.” So that one day a King of England would unite the world and become King of the Jews, or the Jewish Messiah.
September 17th, 2008 at 2:18 pm
Was I just censored?
September 17th, 2008 at 2:20 pm
Do i post too much? or did I say something wrong? or is this just extra slow at posting today? Anyways, If I was censored I don’t know how it could be justified seeing as how half of the comments on this site are filled with Hate speech.
September 17th, 2008 at 2:57 pm
Actually, indeed, Gyorgy ( george ) soros is a zionist, also the founder of the european council on foreign relations ( http://www.ecfr.eu ) , bilderberg attendee-member. He might act as an outsider, a “lucky guy who was at the right time at the right place”, but don’t let that fool you folks. He is considered a “speculator” among financial circles, he’s got a bad reputation here in Hungary, even tho he does a few “good” things with his foundation, but as a former student of a soros foundation funded school, i can tell ya, it’s just about brainwashing. He’s with the EU think-tanks, Rothschilds, you name it.
Also, I would like to clear up a few things here : Jews are not a race, they are a NATION of people. There are african jews, for example. You have to separate this from the fact, that there is a religion, called judeaism, which has nothing too much to do with the zionist idea, namely the nation of israel, who are destined to run things.
If you understand this concept, it will be clear, that the holocaust was about to get rid of the religious people. There were too much of them, they didn’t embrace the zionist idea, they were living peacefully, and doing well, and were reasonal people, also, zionists believe in the bonding power of their suffering, so, it’s their agenda, to let their own people suffer, and to have the compassion of others, that’s why we still hear about the holocaust, and not the 20+ million people killed by the communists.
Just look at it : there is nothing religious about those jews who consider themselves as zionists,
That’s the whole reason of secret societies. They have to hide their agenda from the goy, to get their support. Adam Weishaupt did the same with the illuminati, his supporters infiltrated freemasonry, to get their support, they bribed others, it didn’t matter how, just to have all the influental figures under their control.
This is happening now as well, but it will continue if we neglect the root cause.
Even if you just look at the world’s elite, most of them are what you call “jews” .
It’s not about hatred-racism, but these are the facts. Don’t be fooled ! Don’t let them tell you, it’s not the zionists, don’t bring this up or it will make the movement look bad, etc.
do your own research.don’t believe me.
September 17th, 2008 at 3:04 pm
The pope controls shit!! White are people behind the troubles of the earth!! Death, famine, disease!!!
September 17th, 2008 at 3:08 pm
Soros looks just like my hamster, right before he croaked from cancer.
September 17th, 2008 at 3:25 pm
If you’re in here blaming specific groups for everything then you’re either a troll or a narrow minded fool helping to divide the freedom movement.
September 17th, 2008 at 3:37 pm
Eyes on Soros. He is the most dangerous man in the world.
September 17th, 2008 at 3:39 pm
Soros is a fukkin’ far left wacko who thinks he should be the only wealthy person in the world. Alex has sold completely out to the Jew-hating left, as this site looks more like MoveOn.org and The Daily Kos every day.
September 17th, 2008 at 3:44 pm
#23
(Jesus, the real one?)
What has not been mention on this site and forums is that there was a reason why the Jews let the Romans kill the son of God, Jesus.
The point of view in the New Testament is a Christian view of what happened.
Although there is a mention about the doubt among Jews that Jesus was a traitor this view is still strong among us today that we are waiting for the real one.
Sounds scary?
September 17th, 2008 at 3:51 pm
How can this total piece of scum, dare say anything. If it wasn’t for his behaviour and his friends, there would be no crisis. Total and utter NWO scum.
Alex gives us the alternative news, we make of it what we will.
September 17th, 2008 at 3:53 pm
George Soros is awesome. He is an intelligent economist and has donated his own money to fund democratic revolutions. Don’t hate him because you are jealous or because he is Jewish. George Soros-King Maker-i want to be another pupil!
September 17th, 2008 at 4:02 pm
Look, don’t fall for any Ponzi schemes. I just lost my life savings in the recent financial collapse, and let me tell you, it has very tough getting by without that $81.00.
September 17th, 2008 at 4:05 pm
It’s by the media giving publicity to the likes of Soros that these “respected” financiers are able to talk up or down and so manipulate financial markets to their own advantage. I just hope this latest financial meltdown will be enough to squeeze such parasites out of the world’s money markets.
September 17th, 2008 at 4:20 pm
This is a special message to all the little spies,cops,feds,cops,neo-cons,zionists….etc…People like me know why you come in here with your bullshit…AND YOU SHOULD BE SCARED!!Your plan of trying to brainwash the masses ISN”T WORKING!!!I grew up in your illusion,but never fully bought into it like you hoped.I went to your schools….I was forced to go to your fake religious institutions…I had your doctrines crammed down my throat,and whatched how your fake preachers and leaders taught us sex was bad,fornication it was called??While they were fucking the followers wives and spending collection plate money on new Cadillacs and steaks for their whores,while most of the followers ate balony,and lived on fixed incomes.Unless,of course,they were closet Demons like yourselves…and their churches thrived and their busines’s did too on all the new clients there every Sunday.A PLACE TO HAND OUT BUSINESS CARDS! As I grew older and started High School,back in the 80’s…I rebelled.I was put in institutions of the NWO…disguisted as ‘PLACES TO HELP YOUR TEENAGER”.Fine Christian girls home,because I refused to conform.My parent’s were and still are idiots…..but you could never turn me into them,no matter what kind of shiney things you dangled in my face,the threats,the abuse,the laws,the brainwashed T.V.shows with hippy doper producers and their sneaky druggy messages disguised as “kid’s shows’.You may have gotten a few of us…..But you never had me.What does this have to do with anything?EVERYTHING!!!People like me are your worst nightmare…..and you know it.That’s why you try to take our rights,stop our freedoms,and censor what we say.YOU try to turn us against eachother……BUT KNOW THIS…..there’s more people just like me who aren’t afraid of you.YOU TAUGHT US WELL,but you never banked on it being turned against you.We come disguised as an angel of light…..we come with all the bullshit and lies you taught us….the selfishness,the cruelty…..but something you didn’t count on……..THE PURE HATE FOR YOU AND YOUR HIPPOCRACY!!!You created monsters who know your game…..you just don’t know it yet..KEEP PUSHING…..we push back.YOU FEAR DEATH….we do not.
September 17th, 2008 at 4:33 pm
George Soros loves to point out the obvious when it comes to unfortunate events, but reap profits off of such happenings at the same time. After denouncing Bush and Cheney, and playing the Left/Right paradigm; George Soros invested $62.6 million into Haliburton (2 million shares of stock)
September 17th, 2008 at 4:53 pm
Its over everyone.
Its all over.
The Federal Reserve (European Rich People) just bought half of the homes in the country and now is buying up Wall Street…and they didnt have to pay a penny. They just had to click a mouse.
Poof! $200 billion.
Actually printing the money cost time and material.
Now, here’s the best part…we pay back the Federal Reserve with tax dollars.
The war is over. They won. Our country is now officially gone.
September 17th, 2008 at 4:56 pm
george soros is a big time scammer. he also finances history books in the Balkans(through his open society institutes in collaboration with the education ministries).
listen to an example:
new greek high school history book:modern greeks have nothing to do with ancient greek speaking people(athenians,spartans,ionians,macedonians.thracians etc.) in that same land.
new FYROM high school history book:”macedonians”(fyrom slavs) are offsprings of ancient macedonians blah, blah
new turkish high school history book:turks are offsprings of ionians, trojans etc
new albanian high school history book:albanians are offsprings of ancient illyrians
new bulgarian high school history book:offsprings of ancient thracians
Now listen to the funny part- All of those relative new born countires feel that modern greece occupies part of their land and new nationalistic movements are developing and praised especially in FYROM and Albania
At the same time nationalistic movements in Greece are “evil” in Greek media.
Everyone around hates Greece and Greeks do not understand why..
Keep in mind that Soros is a godfather in FYROM,Albania, Georgia with vast amounts of his money supporting those puppet goverments. In Greece he is really small.
That guy is E-V-I-L with no exageration!
Do your own research cause after 2012 you wont be able to….
September 17th, 2008 at 5:08 pm
This is just one faction of the elite criticizing another faction. Some animosity but mostly just good theatre and distraction for the “informed” masses. Notice there was no criticism of Greenspan, Bernanke, the private Federal Reserve or the fractional reserve banking system. George and Hank will probably have a good laugh about this later over drinks.
September 17th, 2008 at 5:14 pm
the jews have wrecked the american economy
September 17th, 2008 at 5:16 pm
Check this out!!!
September 17th, 2008 at 6:36 pm
The real power behind the powers is raking the cards off the financial table. Beware what comes next. Is the inevitable economic meltdown occurring or is the meltdown being engineered to occur with alacrity now? Does it matter? In many of its effects, no. However the larger picture cannot be seen if we just assume that all our “smart” manipulators were just not smart enough. What is the game behind the Game?
September 17th, 2008 at 7:17 pm
not that I have any use for Soros, but me thinkest him right !!!!!!!!!!!!!!!!!!!!!!
youtube.com/goldieshome
September 17th, 2008 at 7:59 pm
Approximately 17 Trillion in total national debt divided by approximately 305.2 million Americans =
$55,800 each !!!
I don’t have my share can someone cover me?
September 17th, 2008 at 9:08 pm
Well, come on Soros, you Hungarian Communist who makes his billions off the backs of hard working Americans. Bail us out if you are so concerned. Pay my house note for a couple of months. You can afford it. Oh, no, you would rather I barely make my house note and then pay for some other fools house note.
September 17th, 2008 at 9:31 pm
Now Soros is concerned about the economy. Where was his concerned when he and his zio friends destroyed the economies of Thailand, Argentina, Japan and Britain among others by shorting currencies and causing billions in losses for local banks. He’s pissed he’s not profiting in the destruction of the U.S. economy. Take your sour grapes and crocodile tears and shove it up your ass Soros.
September 17th, 2008 at 9:42 pm
we are not going into a depression. we are going into economic and political collapse of america….the END of America and into some radical crime society….
September 18th, 2008 at 3:24 am
Soros sounds like a typical conservative, profit at anyones expense. Why are true villainous conservatives hating on one of their own???
Either be true, evil, typical conservatives or, be good liberals folks, there is no in-between….
I get it, you are rich, white and self entitled,……………..you are a destructo-conjob.
Or, you either grew up poor, black or Mexican, truth is you get how “the system” works, but the truth is it worked for you, SOMEHOW, so you abhor the simpleton conjobs whose parents handed them all. Yet you sort of agree with their out of touch crap….what to do? Get back to good, old, LIBERAL ideals, they have ALWAYS steered this nation well. Scew the Nazi regime in the guise of CONservatives…..
September 18th, 2008 at 3:27 am
Down with the outdated, racist, conservative beliefs out there!!!
September 18th, 2008 at 3:35 am
Aw, come on, you guys. The man makes a few good bets and you think he’s RESPONSIBLE for all this. He opposed the Bush cabal from the start and THEY (deliberately, perhaps) brought this on all of us. If he had had his way, (Gore, Kerry), the markets would have been at least somewhat more regulated and this disaster averted. I mean, he’s validating most of the points on this site, but you think it’s some kind of doublespeak. He was RIGHT. And he’s right now. And I guess I should point out that for every Soros, there’s a dozen quiet Bush billionaires who don’t dare say a word. He’s been pretty brave IMHO.
September 18th, 2008 at 3:36 am
Everyone!
Go to http://worldreports.org and read “news”, but be sure to click on “archives” and have a long read.” Follow the money” is the way to human truth, and Mr. Story is very expensive financial
Intelligence (when you buy his annual).”The Godfather” was meringe, compared to what you will
learn at his website.
PLEASE, LOOK IT UP.
September 18th, 2008 at 4:46 am
George Soros on CBC News Sunday documentary “The Great Wall Street Swindle”
You can watch it at:
http://www.cbc.ca/sunday/2008/09/091408_1.html
September 18th, 2008 at 7:16 am
the bottom line is this,,, the end is near
God does not want anyone to perish,, God wants to love people,,when we Love people we tell them to repent so they can get into Gods kingdom..
if any one of us are living in sin we must now stop we have the freewill to do this.
God is just and cannot let sinning people in His kingdom.
Jesus is the answer!
michaelmarkley
September 18th, 2008 at 9:00 am
Seros is just another clog in the great beast system that will control and rule the whole world in the very near future!! They have captured about 80% of the whole world so far!! And the beast chip system that they are devising and planning will give them 100% enslavement of the planet!! But don’t worry; Soros and the Rothschilds and the Rockefellers will all be in the great lake of fire and brimstone screaming their heads off because they have been the reason for the deaths of 200 million people in the 20th century alone!! And all the world leaders who served lucifer from the beginning of time will be swimming in the great lake of fire and brimstone together in the very near future!! And they will have no rest day and night and will be tormented before the Father God and His Almighty Lamb Son!! And before the holy angels!! And before those whom they have martyred for not taking their zombie making and soul destroying beast chip!!!
September 22nd, 2008 at 7:45 pm
What was the name of the documentary -Moneymakers or Money Kings? Can anyone here help me out?