Thread: Is George Soros Engineering Another Black Wednesday?

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Is George Soros Engineering Another Black Wednesday? : Freedom Outpost http://ow.ly/x7rn2



Is George Soros Engineering Another Black Wednesday?

Chris Carrington 2 hours ago
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September 16th 1992 became known as Black Wednesday after George Soros, the Hungarian born banker, short sold sterling, which forced the UK government to withdraw the pound from the European Exchange Rate Mechanism. He became known as ‘the man who broke the bank of England’. It is said he made more than a billion dollars overnight. You can read more about that here.
Soros is not beyond positioning himself where he will profit by stock market crashes. A short time ago, he was in the news because he made a billion dollar bet against the S&P 500, a move that some claimed signaled trouble ahead for the stock markets. This week his name is once again being bandied about in financial circles.

Tom Bernis of Market Watch reports:

George Soros dumped his stakes in banks and went for tech and gold miners in the first quarter, according to a filing with the Securities and Exchange CommissionThursday. Soros sold his holdings in Citigroup, J.P. Morgan and Bank of America. He took new stakes in RF Micro Devices, Nuance Communications, Marvel Technology Group, Nokia Corp, and Cypress Semiconductor. Soros also boosted his stake in Herbalifeand took a new position in Yamana Gold, AuRico Gold, and New Gold Inc. Cda.

When Soros dumps bank stock and invests in other areas he is sending a message that there is no money to be made, that the system is shot.
He said in 2009:

“We witnessed the collapse of the financial system … It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.”

Could this signal that he now feels we have reached the bottom and the system is about to implode? Soros is not the only billionaire who is dumping stock. Warren Buffet and John Paulson are also quietly changing their positions as Newsmax reports:

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.
Buffett’s holding company, Berkshire Hathaway, has been drastically reducing its exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced its overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.
Unfortunately, Buffett isn’t alone.
Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase according to a recent filing. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.
Finally, billionaire George Soros has sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.
So why are these billionaires dumping their shares of U.S. companies?
After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in years are actually rising in many locations. And the unemployment rate seems to have stabilized.
It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

We all know that the financial system is a train wreck and that ultimately there will be another financial crash, one that will make 2008 seem like a minor hiccough. The question has to be then, if all those ‘in the know’ are dumping stock, is it a good deal closer than we think?

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http://freedomoutpost.com/2014/05/ge...ack-wednesday/

George Soros "The Happiest Time in My Life"

http://www.youtube.com/watch?v=RZ2U6Rl98PM

Is George Soros Behind the Benham Brothers’ Firing?

May 13, 2014 By Jennifer Burke


Anti-America, currency manipulator and major Obama supporter George Soros has his grubby little hands in far more than people realize. He has amassed a fortune betting against the currency of countries and has used that wealth to attack conservative American values and everything that goes along with it.

Media Matters, Think Progress, America Votes, Center for American Progress, the pro-abortion group Emily’s List, the Southern Poverty Law Center, Democracy Alliance and a slew of other additional far-left organizations have received direct funding from Soros and his Open Society Organization. In total, George Soros has funded nearly 200 groups, many with innocent and/or patriotic sounding names. However, these groups are anything but patriotic and far from innocent. They seek to undermine America and the very foundational principles upon which the republic was built.
But, let’s get to the real question. Is George Soros behind the termination of the Benham brothers from their contract with HGTV?
Earlier this week, TPNN reported on the Benham brothers, twin brothers who share a love for Christ and a passion for real estate. They were working on a show, which was to be titled “Flip It Forward,” with HGTV that would have enabled them to combine those two loves together, acting as the body of Christ for someone in need. In the show, the brothers planned to help families find fixer-upper houses and renovate it to make it the home of their dreams that they never believed they could afford.
But, the website Right Wing Watch had a problem with the fact that the Benham brothers were staunch Christians who have been vocal about their pro-life views and their stance against homosexual marriage. So, typical of the intolerant left, Right Wing Watch started a bully campaign in an attempt to force HGTV to stop production on the series and let the brothers go. The campaign began with the publishing of an article on their site entitled, “HGTV Picks Anti-Gay, Anti-Choice Extremist For New Reality TV Show.”
Unfortunately, as we have seen in too many cases of the left’s war on Christianity, it worked.
But, exactly who is behind the website Right Wing Watch? The Daily Caller connected a few dots today.

Right Wing Watch is a project of the liberal advocacy group People for the American Way, which started with an assist from the left-wing Tides Foundation.
People for the American Way was founded with help from former television Norman Lear, a Hollywood executive producer credited with starting the anti-Christian-right movement in the 1980s.

So, there you have it. The radical far-left Tides Foundation, the benefactor of millions of dollars from George Soros, is behind Right Wing Watch. Add into that the Hollywood connection of famous producer Normal Lear, and you have an anti-Christian movement with deep pockets and entertainment industry influence.

This isn’t the first time these groups have been involved with targeted someone for their Christian beliefs and attempting to bully them out of a career.
This left-wing network of groups — and the people who run them — have been connected to past campaigns to silence television personalities who have expressed conservative beliefs on social issues.
The president of People for the American Way is Michael Keegan, a founding member of the Gay and Lesbian Alliance Against Defamation (GLAAD). GLAAD was involved in last year’s unsuccessful effort to permanently remove Phil Robertson from “Duck Dynasty” after his well-publicized comments about gays.

When you connect the dots in the leftist, anti-America propaganda machine and follow the money, the trail is very often led to Obama’s buddy George Soros. By the way, did you hear that Soros is speaking at a closed-door meeting for the State Department? Obama’s Secretary of State John Kerry proudly introduced him. Makes you wonder what dots can be connected with that.

http://www.tpnn.com/2014/05/13/is-ge...others-firing/