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.

Bubble World, Washington, D.C.

What else would you expect from Democrat politicans? We, the independent voters of America, have only just begun.  We're  going to burst the Democrats' bubble in 2010 and 2012.

Thanks, Massachusetts voters!  Count Barney Franks among the next political casualties.