George Soros: “I’m having a very good crisis”

posted at 8:47 pm on March 25, 2009 by Allahpundit

It’s a comfort to know not everyone’s suffering in this horrible global recession. I guess sometimes the good guys do finish first.

Remember that Jake DeSantis letter to AIG this morning and how sympathetic it made you feel about the plight of our plucky financiers? Prepare to be cleansed.

George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse…

And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year.

‘It is, in a way, the culminating point of my life’s work,’ he told national newspaper The Australian.

So saith the man who broke the Bank of England, twirling his new Snidely Whiplash mustache. Exit question one: What’s he going to do with that billion? The left could always use a few more media-watchdog smear sites, I guess. Exit question two: I do a lot of goofing on our more conspiratorial-minded readers — birth-certificate Truthers, NAU believers, Glenn Beck fans, etc — but since the news is slow, I’m going to throw it open in the comments. What dastardly secretive collusion does Soros’s windfall prove? Did he support The One because he knew that his economic plan would further ruin the global economy, enabling a Soros profit? Or did Obama do that for him unbidden, as a solid? I knew Geithner looked shifty!

Update: The obligatory bailout sketch re-post.

Blowback

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Did Soros cause 9/11? Some of the voices in my head say yes, but others say that he was busy personally manipulating the credit markets in order to develop an economic collapse so Osama Ogabe Hussein could win. Confusing. There’s a lot of infomation here.

Does anyone have some crackpot, anonymous sources that could help me out?

Proud Rino on March 25, 2009 at 9:24 PM

Are you kidding? It’s not crackpot to think Soros is heavily involved in a bunch of liberal crap, the man funds every damn group out there, and he managed to break the freaking Bank of England. He clearly has enough resources to do whatever the hell he wants.

John_Locke on March 25, 2009 at 9:26 PM

Not a becker conspiracy.

Just a smart investor who saw it coming.seems to have some connections to the 500 billion dollar dump on sept 18 that started it all off.. Just a coincidence.. nothing to see… move alongGood for him.

getalife on March 25, 2009 at 9:19 PM

There – FIFY..

bullseye on March 25, 2009 at 9:26 PM

If Rupert Murdoch saw it coming, would you say good for him?

John_Locke on March 25, 2009 at 9:23 PM

He didn’t and lost half of his worth.

getalife on March 25, 2009 at 9:26 PM

Graphics exposing projected Obama deficits

Nice job America you are a real piece of work/sarc

http://www.moonbattery.com/archives/2009/03/rising_tide_of_1.html

Jamson64 on March 25, 2009 at 9:26 PM

Does anyone have some crackpot, anonymous sources that could help me out?

Proud Rino on March 25, 2009 at 9:24 PM

I’m sure getalife can provide you some.

Limerick on March 25, 2009 at 9:25 PM

A crackpot can be the source for a crackpot?

/seems logical…

john1schn on March 25, 2009 at 9:26 PM

This is his life long profession. This is how he makes a living, this is exactly how he become a billionaire.

Who could possibly be surprised he made money?

allrsn on March 25, 2009 at 9:26 PM

Just a smart investor who saw it coming.

Good for him.

getalife on March 25, 2009 at 9:19 PM

If Rupert Murdoch saw it coming, would you say good for him?

John_Locke on March 25, 2009 at 9:23 PM

Their strangely selective in their capitalist-pig-hatred, aren’t they?

ddrintn on March 25, 2009 at 9:26 PM

*They’re

ddrintn on March 25, 2009 at 9:27 PM

He didn’t and lost half of his worth.

getalife on March 25, 2009 at 9:26 PM

Well that’s why I said if. I just can’t see you being so cheery about conservatives profiting from it.

John_Locke on March 25, 2009 at 9:27 PM

Does anyone have some crackpot, anonymous sources that could help me out?

Proud Rino on March 25, 2009 at 9:24 PM

Try the ones that said Palin burned books.

ddrintn on March 25, 2009 at 9:27 PM

getalife on March 25, 2009 at 9:26 PM

why don’t you answer? do you at least get paid for this stuff?

Jamson64 on March 25, 2009 at 9:28 PM

Try the ones that said Palin burned books.

ddrintn on March 25, 2009 at 9:27 PM

+10

Jamson64 on March 25, 2009 at 9:28 PM

Their strangely selective in their capitalist-pig-hatred, aren’t they?

ddrintn on March 25, 2009 at 9:26 PM

Well someone has to do the dirty work to fund the crazies…

John_Locke on March 25, 2009 at 9:28 PM

If Rupert Murdoch saw it coming, would you say good for him?

John_Locke on March 25, 2009 at 9:23 PM

He didn’t and lost half of his worth.

getalife on March 25, 2009 at 9:26 PM

Liberals only hate rich people who profit from doing something good. They don’t hate rich people who profit from spreading suffering.

JohnJ on March 25, 2009 at 9:29 PM

It’s not crackpot to think Soros is heavily involved in a bunch of liberal crap, the man funds every damn group out there

Whoa whoa whoa! Easy with the specifics there, buddy! This is a lot of data to parse. It may take me a few days to get through it all.

Proud Rino on March 25, 2009 at 9:29 PM

Jamson64 on March 25, 2009 at 9:28 PM

Yeah, AP let me have Meg.

getalife on March 25, 2009 at 9:29 PM

getalife- take your knee pads off…you disgust me

Jamson64 on March 25, 2009 at 9:29 PM

Good for him.

getalife on March 25, 2009 at 9:19 PM

So you only hate corporations and businesses that actually produce something? You have been whining about conservatives supporting big industry/Wall Street in every other thread, but this guy gets an attaboy? Whatever credibility you might have had, and it wasn’t much, is gone.

Cindy Munford on March 25, 2009 at 9:30 PM

/narcissism

Valiant on March 25, 2009 at 9:16 PM

Heh. Don’t give in to the dark side.

INC on March 25, 2009 at 9:30 PM

He didn’t and lost half of his worth.

getalife on March 25, 2009 at 9:26 PM

Maybe ’cause he didn’t destroy other people to make a killing, like Georgie boy.

swede7 on March 25, 2009 at 9:30 PM

Exit Question 2 reads more like statement rather than a question.

I knew Geithner looked shifty!

That’s the look of someone not paying their taxes.

Kini on March 25, 2009 at 9:30 PM

getalife … you have given up any self-respect to back obama and this lunacy. you know it.

Jamson64 on March 25, 2009 at 9:30 PM

ddrintn on March 25, 2009 at 9:27 PM

I thought we were talking about Soros…? Did *he* start that rumor? +100000!!

Proud Rino on March 25, 2009 at 9:31 PM

Another cheap shot at Glenn Beck.

froginthesky on March 25, 2009 at 9:31 PM

Great news. Soros does not need a bailout.

getalife on March 25, 2009 at 9:32 PM

Liberals only hate rich people who profit from doing something good. They don’t hate rich people who profit from spreading suffering.

This makes a lot of sense. There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

Proud Rino on March 25, 2009 at 9:31 PM

you are almost as much of a joke and Obama ass licker as getalife…..do you at least get paid?

Jamson64 on March 25, 2009 at 9:32 PM

ddrintn on March 25, 2009 at 9:27 PM

I thought we were talking about Soros…? Did *he* start that rumor? +100000!!

Proud Rino on March 25, 2009 at 9:31 PM

I thought we were talking about crackpot anonymous sources. They do come in handy sometimes, don’t they? +1000000000000!!!!

ddrintn on March 25, 2009 at 9:32 PM

Proud Rino on March 25, 2009 at 9:32 PM

Well…they are!

jerrytbg on March 25, 2009 at 9:33 PM

Another cheap shot at Glenn Beck.

froginthesky on March 25, 2009 at 9:31 PM

Oh come on, the man is clearly unbalanced. I love his show, but for God’s sakes he gave a monologue with country music being played live behind him, and then wrapped a dead fish in newspaper.

John_Locke on March 25, 2009 at 9:33 PM

I’m just happy to see that no one has descended into Jew bashing comments here.

On that note, how can Soros claim to be a socialist while making billions off the misery of his fellow human being? Oh that’s right, he’s just an evil totalitarian prick.

Lance Murdock on March 25, 2009 at 9:33 PM

Proud Rino on March 25, 2009 at 9:24 PM

I bet you gave “Loose Change” out as Christmas gifts you horse’s patoot.

Cindy Munford on March 25, 2009 at 9:33 PM

Proud Rino on March 25, 2009 at 9:32 PM

If the shoe fits…

JohnJ on March 25, 2009 at 9:34 PM

He didn’t and lost half of his worth.

getalife on March 25, 2009 at 9:26 PM

But again, “Good for him” right?

Cindy Munford on March 25, 2009 at 9:34 PM

This makes a lot of sense. There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

There are some people who have genuine disagreements, then there are people who gin up public outrage towards AIG and act indignant when they clearly had a hand in the bonuses…

I think we’re dealing with the latter. It’s just so difficult for you to believe that people can be evil. (Hint: human beings are evil).

John_Locke on March 25, 2009 at 9:35 PM

Great news. Soros does not need a bailout.

getalife on March 25, 2009 at 9:32 PM

True enough. He ripped us off already.

swede7 on March 25, 2009 at 9:35 PM

Cindy Munford on March 25, 2009 at 9:30 PM

Those posters are like popup ads. Always there and annoying in all ways. In your good way, you gave it human qualities for awhile.

ericdijon on March 25, 2009 at 9:36 PM

Hey, isn’t he a rich dude? Sharpen your pitchfork, and grease up your torch!

gmoonster on March 25, 2009 at 9:36 PM

There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

I don’t think liberals are generally evil. Ill- or mis-informed, yes. A number are cowards as well. Many many Anti-Americans among them. Like you there, Pretend Rino.

Patrick S on March 25, 2009 at 9:36 PM

On that note, how can Soros claim to be a socialist while making billions off the misery of his fellow human being? Oh that’s right, he’s just an evil totalitarian prick.

Lance Murdock on March 25, 2009 at 9:33 PM

That’s what socialism is. Capitalism is profiting by serving your fellow people. Socialism is the opposite.

JohnJ on March 25, 2009 at 9:36 PM

This makes a lot of sense. There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

where was the word evil used? you truly are a tool.laughable farg off idiot

Jamson64 on March 25, 2009 at 9:37 PM

I do a lot of goofing on our more conspiratorial-minded readers — birth-certificate Truthers, NAU believers, Glenn Beck fans, etc

Allahpundit

Holy cow, I’m in all three of those categories. Oh well.

I’m going to throw it open in the comments. What dastardly secretive collusion does Soros’s windfall prove?

Allahpundit

Well forgive me for sounding conspiratorial again, but I’m guessing that when you have billions to spare like Soros that you also have a few rich and powerful friends that can tell you things that you won’t find in the New York Times financial section, or anywhere else for that matter. I’m thinking it gets easier to predict such things when you have lots of information that me and Job Blow don’t have. But its probably just a product of my conspiratorial mindset again.

Maxx on March 25, 2009 at 9:37 PM

Hey, isn’t he a rich dude? Sharpen your pitchfork, and grease up your torch!

gmoonster on March 25, 2009 at 9:36 PM

Pretty sure ACORN and the libs have a rich person “exception waiver” for Soros like the waivers for the 45702934860293458234 lobbyists working for The One.

John_Locke on March 25, 2009 at 9:37 PM

This makes a lot of sense. There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

Yes. Modern liberals are guilt-ridden, self-hating, tribalistic, anti-competitive, anti-Western evil people who have the intellectual capacities of small pebbles – despicable, lying scum.

progressoverpeace on March 25, 2009 at 9:38 PM

Patrick S on March 25, 2009 at 9:36 PM

I used to think that way, but no one could be that ill-informed. Ignorance excuses only so much.

JohnJ on March 25, 2009 at 9:38 PM

Isn’t it amusing to see lefties defend a guy convicted of insider trading, but yet carry their pitchforks against AIG types? LOL

ddrintn on March 25, 2009 at 9:38 PM

Soros has always been a vulture capitalist, and caused the Clinton treasury several nights of headaches back in the 90s when he tanked the SE Asian trading markets, so he’s not above screwing Democrats when there’s billions involved.

On the other hand, when you lie down with dogs, you can’t be surprised when you end up with fleas — Soros no doubt saw tanking the American market and making a profit off that as being the culmination of a life of work, and something that you have to go back to the robber barrons of the late 1800s to find an equivalent in U.S. history. To him, destroying America’s financial markets is as much a game as it is an ideology, and he played the far left in ways that they still haven’t figured out (and probably won’t until the 2010 midterms, if ever).

Soros may not have been powerful enough to cause the mortgage crisis through federal laws that almost mandated bad loans while not requiring lenders to be responsible for their own loans — people like Chris Dodd and Barney Frank are perfectly stupid enough on their own to do that without George’s help — but Soros was smart enough to back people who have no concept of living within their means, and used them far better in the long run than they used his money to get Obama elected.

If nothing else, conservatives and Republicans should make sure any liberal group with ties to Soros has to take a position on this statement, without letting it simply go down the memory hole.

(And, Allah, you really should have used the photo of Soros standing next to the stairway with Barack Obama on it to highlight this story on the Hot Air front page. If he took Soros’ money, he now needs to explain why George is so happy about taking everybody else’s money.)

jon1979 on March 25, 2009 at 9:39 PM

There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

I’ll say it. Liberals are evil whether they know it or not.

Maxx on March 25, 2009 at 9:39 PM

Here is a Soros interview from November, right after the election, when the country was grappling with the financial crisis. Note that Soros states he was against purchasing toxic assets, as Paulson initially structured. And what are we doing now, after much more pain and anguish? Purchasing toxic assets.

I really wonder if Soros was the architect of this whole thing. His hatred knows no bounds, and he has a lot of wealth friends. The folks that owned Golden West, that brought down Countrywide, are his good buddies.

Please, read this interview:

http://www.spiegel.de/international/business/0,1518,592268,00.html

eaglesdontflock on March 25, 2009 at 9:39 PM

Great news. Soros does not need a bailout.

getalife on March 25, 2009 at 9:32 PM

Once again the left praises an enemy of the country. How hip… I am sure get danced a jig when Soros made money of all those dead “little Eichmanns”.

ClassicCon on March 25, 2009 at 9:41 PM

This makes a lot of sense. There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

You’re right….

there is no way.

Good intentioned “misguided” souls don’t throw 8 year tantrums and crap on our war effort or go TROOFER…..

“keep the change”…

sven10077 on March 25, 2009 at 9:41 PM

What I don’t understand is what Soros means by “it’s the culmination of my life’s work.”

The culmination of your life’s work is the collapse of the world economy?

John_Locke on March 25, 2009 at 9:41 PM

ericdijon on March 25, 2009 at 9:36 PM

Great analogy. I am going to work really really hard at not responding. You have to admit, we need a better class of trolls here at HA.

Cindy Munford on March 25, 2009 at 9:41 PM

78, tick tock. I’m not one to celebrate holidays, but I may just take the day off work, pound some Guiness and dance a mf’ing jig when this man closes his eyes in life and opens them in hell

daesleeper on March 25, 2009 at 9:41 PM

eaglesdontflock on March 25, 2009 at 9:39 PM

Soros has jackie Chan players who leveraged the oil market last year….

http://www.prisonplanet.com/soros-confirms-lindsey-william%E2%80%99s-assertion-oil-is-a-weapon.html

sven10077 on March 25, 2009 at 9:42 PM

Great link- worth reading…. AIG VP quits……

http://www.nytimes.com/2009/03/25/opinion/25desantis.html?pagewanted=1&_r=1&partner=rss&emc=rss

this Administration and its tools are such jokes. They got to the point that they want to tax hardworking Americans 90 percent and actually asked to have names and addresses disclosed of the AIG employees. These AIG employees have wives and children yet they did not care. YOU OBAMA nuts truly sicken me.

Jamson64 on March 25, 2009 at 9:43 PM

Maxx on March 25, 2009 at 9:37 PM

What’s an NAU believer?

Cindy Munford on March 25, 2009 at 9:44 PM

What’s an NAU believer?

Cindy Munford on March 25, 2009 at 9:44 PM

North American Union and its new money the “Amero”….

Timmy TurboTax played into their hands today…

sven10077 on March 25, 2009 at 9:45 PM

The folks that owned Golden West, that brought down Countrywide, are his good buddies.

eaglesdontflock on March 25, 2009 at 9:39 PM

While you are correct that the Sandlers (owned Golden West) were friends of Soros, they did not bring down Countrywide, or any other institution. They sold to Wachovia. Everything else you heard about it is just simply wrong.

Read about it.

john1schn on March 25, 2009 at 9:45 PM

I say we vote getalife and proud rino off the island. What a couple of a$$clowns. You want to hate America so much, go live in a cave and mean it.

HornetSting on March 25, 2009 at 9:46 PM

Soros may not have been powerful enough to cause the mortgage crisis through federal laws that almost mandated bad loans while not requiring lenders to be responsible for their own loans — people like Chris Dodd and Barney Frank are perfectly stupid enough on their own to do that without George’s help — but Soros was smart enough to back people who have no concept of living within their means, and used them far better in the long run than they used his money to get Obama elected.
jon1979 on March 25, 2009 at 9:39 PM

And when the moment was ripe, he pulled at a thread and the whole thing unraveled.

msmveritas on March 25, 2009 at 9:46 PM

Why doesn’t he give it all to the poor?

WisCon on March 25, 2009 at 9:20 PM

Hmmm…I’d have to say MoveOn is pretty f#&kng poor…..

BigWyo on March 25, 2009 at 9:47 PM

If nothing else, conservatives and Republicans should make sure any liberal group with ties to Soros has to take a position on this statement, without letting it simply go down the memory hole.

jon1979 on March 25, 2009 at 9:39 PM

Dead on….though I would add every Democrat Congressthing too.

Patrick S on March 25, 2009 at 9:47 PM

It is not far fetched to wonder, after refreshing history a bit, as in this old piece:

http://www.insmkt.com/soros.htm

Something is very, very rotten in this whole mess. Why didn’t Obama endorse the original proposal for purchasing toxic assets in November, why did he and Geithner trash talk the proposal? Why are we implementing a nearly identical plan 3 months and $11 trillion in losses later.

What did Soros know and when did he know it:-)

eaglesdontflock on March 25, 2009 at 9:47 PM

That’s what socialism is. Capitalism is profiting by serving your fellow people. Socialism is the opposite.

JohnJ on March 25, 2009 at 9:36 PM

Well I can’t totally agree with that statement. Just because you are a capitalist doesn’t mean you want or care to serve your fellow man. That is major reason why socialism came about. Capitalist of the 19th century abused their common man.

But you are more or less right about socialism except one place on Earth: Israel. Socialism thrived there until the 90′s in the forms of kibbutz’s. These were group own farms or factories where everyone was equal in status and pay. With globalization the kibbutz system does not work the way it use to, but the ideals are still there.

Lance Murdock on March 25, 2009 at 9:48 PM

‘It is, in a way, the culminating point of my life’s work,’ he told national newspaper The Australian.

It will be writtin in history that Soros was one of the most dangerous men the world ever had. I said it before and will repeat it until I die.

Current and future generations, entire nations, the world, really, will suffer due to his Utopian idealism, charlatanery and his personal profiteering.

Entelechy on March 25, 2009 at 9:48 PM

Pretty sure ACORN and the libs have a rich person “exception waiver” for Soros like the waivers for the 45702934860293458234 lobbyists working for The One.

John_Locke on March 25, 2009 at 9:37 PM

Well, yeah, Soros and Buffett are good but rich public servants. Rupert Murdoch and AIG employees making more than $1 per year are scum who should be publicly burned at the stake.

ddrintn on March 25, 2009 at 9:49 PM

It’s not crackpot to think Soros is heavily involved in a bunch of liberal crap, the man funds every damn group out there

Whoa whoa whoa! Easy with the specifics there, buddy! This is a lot of data to parse. It may take me a few days to get through it all.

Proud Rino on March 25, 2009 at 9:29 PM

Here’s some data for you to parse. It took me several minutes to edit this, because in the interest of space, I’ll leave off the annotations about the following groups.

Notice the many Orwellian names.

In 1979 Soros established the Open Society Institute (OSI), which serves as the flagship of a network of Soros foundations that donate tens of millions of dollars each year to a wide array of individuals and organizations that share the founder’s agendas.

Organizations Funded Directly by George Soros and his Open Society Institute

Organizations that, in recent years, have received direct funding and assistance from George Soros and his Open Society Institute (OSI) include the following. (Comprehensive profiles of each are available in the “Groups” section of DiscoverTheNetworks.org):

• Alliance for Justice
• America Coming Together
• America Votes
• American Civil Liberties Union
• American Constitution Society for Law and Policy
• American Family Voices
• American Friends Service Committee
• American Immigration Law Foundation
• American Library Association
• The American Prospect, Inc.:
• Amnesty International:
• Arab American Institute Foundation:
• Association of Community Organizations for Reform Now:
• Bill of Rights Defense Committee:
• Brennan Center for Justice
• Brookings Institution:
• Campaign for America’s Future
• Campus Progress:
• Catholics for a Free Choice
• Center for American Progress
• Center for Community Change
• Center for Constitutional Rights
• Center on Budget and Policy Priorities
• Citizens for Responsibility and Ethics in Washington
• Coalition for an International Criminal Court:
• Defenders of Wildlife
• Democracy Alliance:
• Democracy 21:
• Democratic Party:
• Earthjustice:
• EMILY’s List:
• Feminist Majority:
• Free Press: This “media reform” organization has worked closely with many notable leftists and such organizations as Media Matters for America, Air America Radio, Global Exchange, Code Pink, Fairness and Accuracy in Reporting, the Revolutionary Communist Party, Mother Jones magazine, and Pacifica Radio.
• Funding Exchange
• Gamaliel Foundation
• Human Rights First
• Human Rights Watch
• Immigrant Legal Resource Center
• Independent Media Institute:
• Institute for Policy Studies:
• Institute for Women’s Policy Research:
• International Crisis Group:
• Joint Victory Campaign 2004
• Lawyers Committee for Civil Rights Under Law
• League of United Latin American Citizens:
• League of Women Voters
• Lynne Stewart
• MADRE:
• Malcolm X Grassroots Movement:
• Massachusetts Immigrant and Refugee Advocacy Coalition:
• Media Fund:
• Mexican American Legal Defense and Education Fund
• Meyer, Suozzi, English and Klein, PC:
• Midwest Academy:
• Migration Policy Institute:
• Military Families Speak Out
• MoveOn.org:
• Ms. Foundation for Women:
• NARAL Pro-Choice America:
• NAACP
• The Nation Institute
• National Abortion Federation:
• National Committee for Responsive Philanthropy:
• National Council for Research on Women:
• National Council of La Raza:
• National Council of Women’s Organizations:
• National Immigration Forum:
• National Immigration Law Center:
• National Lawyers Guild:
• National Organization for Women
• National Priorities Project:
• National Security Archive Fund:
• National Women’s Law Center:
• Natural Resources Defense Council
• Pacifica Foundation:
• Peace and Security Funders Group:
• People for the American Way
• Physicians for Human Rights:
• Physicians for Social Responsibility:
• Planned Parenthood
• Ploughshares Fund
• Prison Moratorium Project:
• Project Vote: This is the voter-mobilization arm of the Soros-funded ACORN.
• Proteus Fund
• Public Citizen Foundation:
• Sentencing Project:
• Sojourners
• Thunder Road Group: This political consultancy, in whose creation Soros had a hand, coordinates strategy for the Media Fund, America Coming Together, and America Votes.
• Tides Foundation and Tides Center: Tides is a major funder of the radical Left.
• Urban Institute:
• USAction Education Fund:
• YWCA World Office, Switzerland

INC on March 25, 2009 at 9:49 PM

Quote from the AIG Vp who resigned-

“You’ve now asked the current employees of A.I.G.-F.P. to repay these earnings. As you can imagine, there has been a tremendous amount of serious thought and heated discussion about how we should respond to this breach of trust.

As most of us have done nothing wrong, guilt is not a motivation to surrender our earnings. We have worked 12 long months under these contracts and now deserve to be paid as promised. None of us should be cheated of our payments any more than a plumber should be cheated after he has fixed the pipes but a careless electrician causes a fire that burns down the house.

Many of the employees have, in the past six months, turned down job offers from more stable employers, based on A.I.G.’s assurances that the contracts would be honored. They are now angry about having been misled by A.I.G.’s promises and are not inclined to return the money as a favor to you.”</blockquote

Jamson64 on March 25, 2009 at 9:50 PM

jon1979 on March 25, 2009 at 9:39 PM

Jon,

Check this out. You may have already read this, but if you havn’t, get ready for an eye-opener. It’s a long read, but well worth time when you have it.

Rovin on March 25, 2009 at 9:51 PM

Simply put, this is fascism. The Democrats pass the laws that allow Soros to make his money, and he gives them money that allows them to keep winning elections. Liberals don’t care because this is what they’ve always wanted.

JohnJ on March 25, 2009 at 9:51 PM

If nothing else, conservatives and Republicans should make sure any liberal group with ties to Soros has to take a position on this statement, without letting it simply go down the memory hole.

jon1979 on March 25, 2009 at 9:39 PM

Dead on….though I would add every Democrat Congressthing too.

Patrick S on March 25, 2009 at 9:47 PM

I agree.

ddrintn on March 25, 2009 at 9:51 PM

What’s an NAU believer?

Cindy Munford on March 25, 2009 at 9:44 PM

That was the merger plans between U.S.A. and Mexico (North American Union). Eleven states made legislation stopping it but it was still just a conspiracy theory according to Allah.

Maxx on March 25, 2009 at 9:52 PM

Cindy Munford on March 25, 2009 at 9:41 PM

It is sometimes a struggle to know when it is best to either rebuke or ignore. Many HA trolls can be ass.essed in a couple posts.

ericdijon on March 25, 2009 at 9:52 PM

There’s no way that liberals could be well-intentioned people that just disagree with you. No they have to be eeeeevil.

Proud Rino on March 25, 2009 at 9:32 PM

I don’t think liberals are evil…they’re too goddamned stupid to be evil..

I do, however, truly believe that 99% of them have all the common sense that God gave a horse turd…Which should ringing bells for you.

BigWyo on March 25, 2009 at 9:52 PM

Chuckie Schumer shot off his big mouth and caused a run on Indymac Bank which led to their failure. Before Schumer killed the bank, Indymac was in negotiations to sell off assets to raise capital. Schumer’s big mouth squashed all hope of a deal and soon after the bank was seized by the FDIC. Then George Soros comes in and buys the failed bank for cents on the dollar.

There’s a conspiracy in there somewhere.

Heywood U. Reedmore on March 25, 2009 at 9:52 PM

sven10077 on March 25, 2009 at 9:45 PM

Okay, thanks.

Cindy Munford on March 25, 2009 at 9:52 PM

Current and future generations, entire nations, the world, really, will suffer due to his Utopian idealism, charlatanery and his personal profiteering.

Entelechy on March 25, 2009 at 9:48 PM

In addition to the suffering he has already caused.

INC on March 25, 2009 at 9:52 PM

What’s an NAU believer?

Cindy Munford on March 25, 2009 at 9:44 PM

Oh heck, I thought it was a reference to the Northern Arizona University Lumberjacks fans.
/

thomasaur on March 25, 2009 at 9:53 PM

if he was a righty we know conspiracy would be the word of the day.

Jamson64 on March 25, 2009 at 9:53 PM

INC on March 25, 2009 at 9:49 PM

So is Georgie going to lose his tax deductions now for all this humanitarian benevolent work? What a shame.

swede7 on March 25, 2009 at 9:55 PM

Hey Rhino, what are you proud of? Trolling? Astroturfing? Being a putz?

Vince on March 25, 2009 at 9:55 PM

hmmm….from real clear politics====

No wonder Senator Christopher Dodd (D-Conn) went wobbly last week when asked about his February amendment ratifying hundreds of millions of dollars in bonuses to executives at insurance giant AIG. Dodd has been one of the company’s favorite recipients of campaign contributions. But it turns out that Senator Dodd’s wife has also benefited from past connections to AIG as well.

From 2001-2004, Jackie Clegg Dodd served as an “outside” director of IPC Holdings, Ltd., a Bermuda-based company controlled by AIG. IPC, which provides property casualty catastrophe insurance coverage, was formed in 1993 and currently has a market cap of $1.4 billion and trades on the NASDAQ under the ticker symbol IPCR. In 2001, in addition to a public offering of 15 million shares of stock that raised $380 million, IPC raised more than $109 million through a simultaneous private placement sale of 5.6 million shares of stock to AIG – giving AIG a 20% stake in IPC. (AIG sold its 13.397 million shares in IPC in August, 2006.)

Jamson64 on March 25, 2009 at 9:57 PM

That’s what socialism is. Capitalism is profiting by serving your fellow people. Socialism is the opposite.

JohnJ on March 25, 2009 at 9:36 PM

Well I can’t totally agree with that statement. Just because you are a capitalist doesn’t mean you want or care to serve your fellow man.

Lance Murdock on March 25, 2009 at 9:48 PM

Where did I say it had anything to do with what someone wants or cares to do? Regardless of what someone wants or cares to do, capitalism is the system where profit is made by serving one’s fellow individuals. Why else is it that liberals hate only people who profit by providing others with what they decide for themselves that they need?

JohnJ on March 25, 2009 at 9:58 PM

swede7 on March 25, 2009 at 9:55 PM

If you follow the link and read what the organization does (ignore the name, which truly are Orwellian) there’s no humanitarian work going on; however, I’m sure many of them are tax deductible and Soros certainly games the system, ably assisted by the Dems.

INC on March 25, 2009 at 9:58 PM

ericdijon on March 25, 2009 at 9:52 PM

I’ve seen enough of getalife and Proud Rino, they are done. And barcalounger is a boring morailizer that’s easy ignore. I think the hypocrisy just got to me tonight.

Cindy Munford on March 25, 2009 at 9:59 PM

June-Aug 2008.
- Normal market PE’s
- Core inflation low.
- Employment high.
- Paulsen loudly declares Credit situation under control
- Franks recommends Fannie Mae as a good investment

Sept 8, 2008
- McCain passes Obama in Gallup poll

Sept 8 – Oct 2008
- Lehman Bros attacked and broken (week 1)
- Huge money market run (week 2).
- Biggest market fall ever in 2 months prior to general election.
- Biggest drop ever in 2 months oil prices.
- 2nd biggest increase in market volume in 60 years.

2008
- Soros made billions while markets fell record amount
- Least experienced and most radical man to ever run for President elected after being behind in polls 60 day before the election, but with no links to Soros, of course.

Nope, nothing to wonder about there. You would be a nut to even suggest the events were more than coincidences. 5 events that happen once every 2 or 3 lifetimes almost always happen immediately before critical elections.

notagool on March 25, 2009 at 10:01 PM

Jamson64 on March 25, 2009 at 9:53 PM

Absolutely. If Bush were proposing these reforms, the left would be screaming that he’s shredding the Constitution. If Soros funded Republicans, the left would be screaming fascism alerts.

They make it look so easy to be a liberal. Just give up all independent thought and obey the messianic figure that opposes individual freedom.

JohnJ on March 25, 2009 at 10:03 PM

Well I can’t totally agree with that statement. Just because you are a capitalist doesn’t mean you want or care to serve your fellow man. That is major reason why socialism came about. Capitalist of the 19th century abused their common man.
Lance Murdock on March 25, 2009 at 9:48 PM

Yes, an amoral pursuit of anyman’s bottom line got us into this mess. A side-bar to the despicable AIG mess is their complicity in banker’s Islamophilia. So they will help destroy Western Civilization if it helps their quarterly numbers.

I’m done with them.

Feedie on March 25, 2009 at 10:05 PM

INC on March 25, 2009 at 9:58 PM

Yeah, I was trying to be facetious, but my guess is most of these are non-profits. Maybe NYT will be soon too. Geez, its getting deeply weird.

swede7 on March 25, 2009 at 10:05 PM

If nothing else, conservatives and Republicans should make sure any liberal group with ties to Soros has to take a position on this statement, without letting it simply go down the memory hole.

jon1979 on March 25, 2009 at 9:39 PM

Agreed. I wonder if Soros planned to have his hedge fund participate in Timmy’s TARP II. If so, this is a stupid statement from a supposedly clever man. No way could Timmy ever justify a public-private deal on toxic assets with Soros’ hedge fund now. The Dems would not want to be put on the spot of justifying it.

The GOP 2010 campaign ad has just been made for them. List Soros’ contributions. Then run the tape.

Wethal on March 25, 2009 at 10:05 PM

Who’s up for a bus tour to Soros’ home? I can rent the bus!

msmveritas on March 25, 2009 at 8:56 PM

put a bullet in that mans head, cause I think he caused this whole thing. Obama and crisis

Mercy4Me on March 25, 2009 at 10:06 PM

Once again the left praises an enemy of the country. How hip… I am sure get danced a jig when Soros made money of all those dead “little Eichmanns”.

The left is the enemy of this country, as I said earlier…Soros = Lead Pill. Might alone allows the liberal fallacy of “live and let live”, now its double down and all in for the sake of our kids and our parents. I will not flinch nor will I even blink when it comes to mercilessly BUTCHERING the domestic enemies of America.

dmann on March 25, 2009 at 10:06 PM

Can I declare myself to be a non-profit and therefore tax-exempt?

JohnJ on March 25, 2009 at 10:07 PM

I’ve seen enough of getalife and Proud Rino, they are done. And barcalounger is a boring morailizer that’s easy ignore. I think the hypocrisy just got to me tonight.

Cindy Munford on March 25, 2009 at 9:59 PM

Ya know Cindy, sometimes I think these brain-dead children have it better that we do by worrying about their future. Sheep are usually quite content right up until they feel the wolves jaws around their throat.

Rovin on March 25, 2009 at 10:08 PM

dmann on March 25, 2009 at 10:06 PM

That’s over the line. No one deserves to be butchered for their beliefs. In this country, people are only prosecuted for breaking the law.

JohnJ on March 25, 2009 at 10:08 PM

Where did I say it had anything to do with what someone wants or cares to do? Regardless of what someone wants or cares to do, capitalism is the system where profit is made by serving one’s fellow individuals. Why else is it that liberals hate only people who profit by providing others with what they decide for themselves that they need?

JohnJ on March 25, 2009 at 9:58 PM

Not all liberals hate making profits. Just most.

On this comment: Where did I say it had anything to do with what someone wants or cares to do? I was making the point no ideology is true in its purest form. People will take advantage of any ism.

Lance Murdock on March 25, 2009 at 10:09 PM

Easier than shorting the british pound.

Strategy:
Payout several hundred million dollars to establish political organizations that can be used to target specific industries for shorting, while helping to elect an anti-business socialist. Then begin to establish short positions in the broader market and those industries most likely to suffer.

Once the organizations are established it is simply a matter of simultaneously funding/launching political attacks at various sectors of the economy while shorting the companies most likely to be harmed.

Rinse. Repeat.

moxie_neanderthal on March 25, 2009 at 10:10 PM

swede7 on March 25, 2009 at 10:05 PM

That part of what’s sickening. All of the money he shells out and most of it probably is tax deductible.

INC on March 25, 2009 at 10:10 PM

All of the money he shells out to radical and evil groups and most of it probably is tax deductible.

INC on March 25, 2009 at 10:10 PM

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