Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Monday, March 30, 2009

Updated: 'The Game Changer' - Soros Tells Obama and the World What to Do Next

Update, 3/30 - I.O. has not forgotten about George, since we brought up this article, where Soros rationalizes away the severity of the economic crisis -- that it would have gone on, anyway....

(BTW, George: just like your fellow Marxofascist terrorists, Billy and Bernie, "nobody likes you" -- some pretend because of your influence, but "nobody likes them," either -- generally speaking, of course.)

We are noting the video a few weeks ago, when in a press conference, The Mouth of Soros uncomfortably confessed that he had gained a bit of money during the mortgage meltdown.

Now, we see he has gotten cocky enough to boast of making $1,000,000,000, give or take, in "predicting" it (successful planners can make for good predictors after all).

Should we go further into detail? A synopsis with links appears in order, at least.

Original Posting - 1/30/2009:

Are we having fun, yet?

I.O. will be excerpting the 1/28 George Soros "analysis" in the Financial Times and commenting upon it, today this weekend okay, Monday or Tuesday! (Or, when I just get to it. It may be Evil George's game, but this is my blog.) Before that happens, you may wish to read it yourself. Then please come back later and see if we agree. You know -- kind of like The Ungame.

So, read the instructions on the inside of the lid and you may learn how the game is to be played.

BTW, you will have a good opportunity to listen to an extraordinary Obama researcher this evening on MommaE -- posted upwards on the Sidebar.


Tuesday, February 17, 2009

FBI Investigating 38+ Cases Related to Financial Crisis (ABC News)

Will these investigators be motivated to get to the depths of the financial crisis -- including Congress -- including the Cloward-Piven organization behind the revised Community Reinvestment Act? Keep in mind that naysayers of the CRA's impact ignore how this condoned the practice of giving out bad mortgages, overall. After all, what goes for Fannie-Mae "backed" mortgages to poor people in the inner city also goes in principle for unregulated mortgagers and their loans to others. "Fairness," after all....

That, not to mention the large mortgagers being sued (by Barack Obama and other ACORN lawyers) to make unjustified loans. I.O. is looking for the video of the man who said he was in a board meeting at a bank, when ACORN people broke into the room and encircled all at the table, standing silently behind them for awhile, then departing -- one of them being Barack Obama.

Initial excerpt from the recommended ABC News article:
Fraud 'Directly Related' to Financial Crisis Probed
FBI Agents Could be Reassigned from National Security Due to Booming Caseload
By Jason Ryan, Feb. 11, 2009

The FBI has opened investigations into more than 500 cases of alleged corporate fraud, including 38 that involve major firms and are "directly related" to the national economic crisis, FBI Deputy Director John Pistole told Congress today.

IMAGE: FBI - and Housing Crisis
FBI Says 38 Firms Directly Involved in Current Financial Crisis Could Expand to Over 100 firms Currently Over 500 Ongoing Corporate Fraud Investigations; TARP IG Warns of Fraud (ABC News Photo Illustration)

The surge in white-collar investigations is putting such a strain on the FBI that Pistole said the bureau is considering reassigning agents from national security, which has been the bureau's priority since the 9/11 attacks.

"The FBI has more than 530 open corporate fraud investigations, including 38 corporate fraud and financial institution matters directly related to the current financial crisis," Pistole told the Senate Judiciary Committee today.

The 38 companies, he said, "are significantly large companies, businesses everyone knows about but I cannot comment publicly."

Pistole's comments suggested widespread criminal activity among many of the nation's corporate giants.

"These are significantly large, similar to Enron," Pistole said. The number of firms under scrutiny could eventually top 100, as the investigations widen, he said.

Will this federal investigation flesh out all the criminals and scoundrels on and behind the scene, or will it be used to focus the spotlights away from Congress and the friends of Barack? Clue-1: just look for the words, "Congress" and "oversight." Clue-2: who is being targeted, but private enterprises, a.k.a., capitalists, a.k.a., bourgeosie?

One must believe there was oversight -- just not moral, ethical oversight. Then, what kind of oversight?

hat tip: Carmen the Journalist