Soros and Company | by Keith Allen Lehman

According to MoneyNews, billionaire investor and Soros Fund manager, George Soros, who put up $6 million for the election campaign against George W. Bush in the 2000 Presidential Election and backed Barack H. Obama in 2008, stated that President Obama should have taken over US banks rather than bailing them out. [1] CNN quoted him saying:

The solution that he found to the financial crisis, which was to effectively bail out the banks and allow them to earn their way out of the hole, was, in my opinion, not the right solution. He should have compulsorily replaced the capital that was lost.

George Soros stated that China did a better job because the Chinese government forced the Chinese banks to increase their minimum capital requirements. He didn’t mention that China is a Marxist-controlled nation.

It would reduce the whole instrument to a single phrase, that of instituting a Congress with power to do whatever would be for the good of the United States; and as they would be the sole judges of the good or evil, it would be also a power to do whatever evil they please. Certainly no such universal power was meant to be given them. It [the Constitution] was intended to lace them up straightly within the enumerated powers and those without which, as means, these powers could not be carried into effect. Thomas Jefferson, Opinion on a National Bank, 1791.

Meanwhile, former Vice President Al Gore claims there is a conspiracy against his global warming conspiracy. He stated on a Norwegian talk show, reported by NewsMax:

There has been a very large, organized campaign to try to convince people that it [global warming] is not real, to try to convince people that they shouldn’t worry about it. In my country, the oil and coal companies spent $500 million last yea just on television advertising just on these questions. There are not five anti-climate lobbyists on Capitol Hill in Washington for every member of the House and Senate. So it’s been a very massive, organized campaign.

In the interview, Al Gore also:

      Rejected any allegation that he is a carbon billionaire.

      Denied that receiving too much praise for his efforts was a problem.

      Stated he has a long way to go in his effort to educate the world about climate change.

No one asked him how he can tell everyone they must do a part in energy saving and reducing global warming problems while he heats and cools his huge mansion and constantly transports in corporate, fuel-burning and atmosphere emitting jets. No one countered his claim that he is not part of an investment group that plan on making billions of dollars on the global warming and cap-and-tax scheme tied in with his advocacy of educating the world about climate change.

Further Reading

Medicare Part B Therapy Caps: A Preview of Life under Obamacare … American Thinker

Guess Who’s Coming to Your House? … American Thinker

Health Care is Heavily Taxed Now … American Thinker

Chanise Foxx Created False Obama Birth Certificate? … Maggie’s Notebook

Stand Up! – Keep the Change … Thomas S. Schmitz, Jefferson’s Rebels

Obama – You’re Fired! … Erica Thunderpaws, Jefferson’s Rebels

The Consequences of Refusing to Profile … Maggie’s Notebook

Obama Muslim Summit Hosts Islamic Entrepreneurship … Maggie’s Notebook

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[1] Also reported in the Wall Street Journal.