Did Soros Cause
the 2008 Crash?
Richard Salbato 3-14-2010
Did Soros cause
the great crash of the market and economy in 2008? The answer to that is easy and it is “No!”
but there is a real strong reason for asking that question. Soros made his billions over the years by
manipulating the dollar market, and actually caused the crash of an Eastern
European nation. He made hundreds of
billions by shorting the Pound in
Now when it
In 2001 the
Greek government had cooked the books to cover deficits that would have
disqualified them from entering the European membership in the Euro. European rules called for no more than 3%
debt to GDP. American banks were doing the
same thing from 2001 to 2008.
Now it is
learned that Goldman Sachs, secretly helped the Greek government meet the EU
criteria by using a complicate currency swaps that masked the extent of its
public deficit and national debt.
Now let us look
at Goldman Sachs and its connection to Soros.
Soros is the major partner of the Managed Funds Association, a hedge
fund short sellers lobbying group and a secret meeting place for almost all
short sellers. These people are mainly Greenlight Capital, SAC Capital
Advisors, Paulson & Company, and Soros Fund Management.
with Goldman Sachs pretending to help
tell you that short selling contributes liquidity to the market, they are
ignorant or are lying. I have studied
this for years and would challenge anyone to show me how short selling helps
the market in any way.
When the Stock
Market was founded its mandate was to find a way for companies to get large
amounts of money to expand without going to a bank. This was an easy way to sell parts of its
business to a large group of people.
If I want to
sell part of my business, (let us say 40%) I would divide the value of my company
into individual stocks equaling the value and then keep 40% of that stock for
myself. People could then keep a part
ownership of my company or sell it to others for a profit or loss.
time people began buying and selling month to month, then week to week and then
day to day, then hour to hour, and now with the internet, from minute to
Then came the Short Sellers, who would make bets that the stock
would go down and by piling on would even cause it to go down. The results would be that if a company was going
to loose 5% value, it would loose 10% value simply because they bet against it
and the Hedge Fund short sellers would make money by the loss.
The term “short
selling” in this context refers to , speculators and currency
manipulators who bet on the decline or collapse of a stock or currency through
complex financial instruments handled mostly through secret off-shore accounts.
For the hedge fund short sellers to ,
prices have to go down.
introduce manipulation to the stock market, and prime the stock market for
manipulation and looting. The most
influential members of Managed Funds Association, the hedge fund short sellers,
have an anti-capitalism agenda, an anti-industrialized nation agenda, and a far
left liberal, Marxist radical agenda. Hedge
Fund short sellers are not capitalist. They are anti-capitalist and they are
not investors; they are anti-investors.
In the case of
Greece, the country “gathered all her nest eggs and brought it to the wolves’
den at ,”
a member of Managed Funds Association, but Goldman Sachs then shorted the
market while their clients were on the other side of the trade.
The Managed Fund Association is the government. They
bought the policy makers and regulators, and then took over our government.
The removal of
the uptick rule, and the circuit breakers and the introduction of mark to
market accounting is what caused the economic collapse and the stock market
rule, that existed for decodes simply said that if you bought short you must by
when the stock is rising even if just a hair.
This prevented short sellers from pilling on and bankrupting even solid
companies. But when this was eliminated
it let people like Soros manipulate the market.
Did Soros cause
the problems in the banks and the crash?
No! This would have happened
anyway because of the bad loans but when Soros and the MFA saw that Obama was
loosing the election they pushed up the crash by as much as a year by short
selling all the banks and crashing the market overnight instead of over a slow
period of time.
The agenda of
Soros and other short sellers is clear. Their purpose to loot
somebody that hates the traditional
Nothing will happen until the American people know
what caused the economic crisis and the solution for fixing it. Nothing will happen until the American people
know about the Managed Funds Association and their role in engineering the
the European Union (EU) bails out
invincible. They have a license to destroy any company or country or hold the
company or country hostage while preying on the investors.
They are having
dinner meetings, openly discussing collusion to attack a particular asset
class, equity, or a country’s currency. If this is not organized crime, I do
not know what is.”
Any asset class
that is traded in the NYSE, CME, or EUREX exchanges is susceptible to
manipulation by the members of Managed Funds Association and their strategic
In a few days
we are going to have a bill that everyone has waited for since 2008, New
Financial Regulations. Let us see if the
Up-Tick Rule and the Mark to Market bills are changed.
Soros supports abortion, euthanasia and same-sex marriage. So it's no surprise
that he supports groups like MoveOn and the ACLU. But did you know that George Soros, a
professed atheist, has also has provided critical seed money to so-called
"Catholic" groups that intentionally blur the Church's teachings on
Catholics in Alliance for the Common Good has received $200,000 from George Soros' Open Society Institute over the last few years. And according to its IRS reports, Catholics United has a formal relationship with Catholics in
That’s why Archbishop Chaput has criticized these groups for undermining the Church teaching:
“The work of Democratic-friendly groups like
Catholics United and Catholics in Alliance for the Common Good, have done a
disservice to the Church, confused the natural priorities of Catholic social
teaching, undermined the progress pro-lifers have made, and provided an excuse
for some Catholics to abandon the abortion issue instead of fighting within
their parties and at the ballot box to protect the unborn.”
For more see www.catholicvote.org
Soros-Funded Communist Organizations
International Soros Funding
Soros is also funding "Democratization Programs"
(i.e., Communist Transition Programs) in many countries, including Uzbekistan,
Burma, and regions of Central Asia, as well as all the countries that
ACORN/SEIU is working in.
THE SOROS PORTFOLIO
Soros' Portfolio Gives Him the
Create Illegal Votes (ACORN)
Changes Laws to Expand
Lower and Redistribute US
Put More People on Welfare
Funnel Illegal Aliens into
Unions, Direct Their Votes and Collect Their Annual Membership Dues
Change and Relax Immigration
Change Laws that Can Implement
the Communist Takeover Plan
Obtain Votes from (Primarily
Obtain Votes from Hispanics
and Other People of Color
Obtain Votes from Gays and
Limit Free Trade
Hide Crimes and Allow Criminals
to Be Freed
Redirect Taxpayer Wealth to
Unnecessary Green Projects, While Simultaneously Making US Businesses Less
Profitable and Less Competitive
Recruit and Put Criminals and
Ex-Criminals to Work on Implementing the Communist Takeover Plan
Change Laws and Take Guns Away
Redirect Taxpayer Funds to Pay
for Implementing the Communist Takeover Plan
Changes Laws to Make It Easier
for Terrorists and Criminals to Operate
Control the Media
Limit Free Speech
Enable Communists and
Terrorists to Enter
Resist and Stop US Military
and Police Efforts
Create Local and National
Racial Conflicts and Distrust
Eliminate Religious Rights
Indoctrinate Your Children
with Communism in Their Schools and Media Viewings
SOROS ORGANIZATION BRANDING APPROACH
General, Name the Organization the Opposite of It's
SOROS' INTENT IS TO DESTROY CAPITALISM