Revealed! The Left's Economic Terrorism Playbook!
Revealed — The Left’s Economic Terrorism Playbook: The Chase Campaign by a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth And Power
I will write more later, but while listening to The Glenn Beck radio program this morning, I felt compelled to warn all of my readers about what is coming down the pike. The Leftist thugs are out to destroy America's economic system and YOU MUST BE AWARE OF IT SO YOU CAN HELP COUNTER IT AND WARN OTHERS!!
Christine
Financial Terrorism of 2008 Revisited
Financial Terrorism - Originally Posted Friday, September 19, 2008
During yesterday's T.V. show, Glenn Beck shared a brief but riveting review about a document that had been written back in 2009, but was only recently released by someone in the Department of Defense (DOD).
Do yourself a favor and watch the show at that link!
Written at Watch Glenn Beck site:
Tonight: If you've been a regular viewer of Glenn's TV program or a radio listener for the last several years, you know that he has been warning us about the perfect storm for quite a while now. The perfect storm occurs when all of the forces in the world who want to take America and capitalism down come together and hit us at the exact same time. You have the extremists, communists, Iran and others all out to get us at a time when we are so vulnerable and broken due to factors like our borders, debt, energy and financial crises, the war and even political correctness. What, if anything, can we do?
Click here for tonight's show notes and research
Also, please take the time to read The Blaze blog post, the comments and the link to the original document so that you will be educated about what is in this alarming report!
The Blaze.com: Pentagon Study: ‘08 Financial Crisis May Have Included Work of Financial Terrorists
Hat tips to all links.
An Example Of "The Spirit of Antichrist"
If you haven't seen the series on Soros, go here and view them all.
Next, read American Thinker: Soros, Beck, and the Holocaust
.
Excerpt:
It will come as no surprise that Glenn Beck's broadcast biography of George Soros last week has triggered a vast brawl concerning his interpretation and treatment of the topic.
The uproar revolves around Beck's portrayal of Soros' role in the Holocaust. Beck repeats the widely known story concerning Soros' involvement in handing deportation orders to Jewish families on behalf of the Nazis. He emphasizes that Soros was only fourteen at the time and does not condemn the activity, asserting that the matter remains "between Soros and God."
I happen to have researched the episode in depth for my upcoming book, Death by Liberalism, and I can state here that Beck's narrative is completely accurate. His treatment of it is commendable, in particular his statement that no one has a right to judge the efforts of Jews to survive in Nazi-occupied Europe.
Continue reading:
Soros, Beck, and the Holocaust
posted by null at American Thinker - 9 hours ago
Should the "philanthropist" Soros' activities during the Holocaust be off-limits for discussion?
Mr. J.R. Dunn has done extensive homework on this issue while writing his book. The fact that he has presented such truth about Soros via his new book - well before Beck's three day T.V. presentation about Soros - lends great credibility to what Beck has reported.
The fact that Beck has used video excerpts of Soros' own words demonstrates that he is being truthful about the accusations against such an evil marketeer.
J.R. Dunn continues:
There's an aspect of Soros' behavior that has gone unexamined and virtually unmentioned: the complete disconnect between his activities as a businessman and his ambitions as a philanthropist. Soros has, at the very least, skirted financial regulations in most or all of the countries in which he has operated. He has done worse in France, Malaysia, and Thailand -- the French fined him millions, while the Southeast Asian states are reportedly very interested in speaking to him in private. He has caused enormous misery through his currency manipulations. He evidently feels no guilt concerning these matters, either.
Yet this same man professes to be the greatest living champion of the "open society," the bearer of the legacy of Karl Popper (one of the few liberty-loving political philosophers of the last century), and the architect of a true people's democracy, working together with his protégé, Barack Obama.
There's something terribly wrong here. This is not the way a benefactor of humanity actually behaves. It's as if Gandhi financed his independence movement through a network of casinos, or if Martin Luther King sat on the councils of Murder Incorporated. What can the explanation be?
Mr. Dunn shares what he thinks that the explanation might be. Perhaps he is correct, but maybe he isn't. Personally, I don't think the author got it right at the end of his essay.* Nonetheless, there can be no denial that Soros fancies himself as his own "god" and uses his billionaire status of wealth to inflict financial misery upon as many people in as many nations as he possibly can. This type of behavior is not the kind that any benevolent philanthropist would exhibit. This man is evil, sick, and a manipulative financial and political terrorist. He could be labeled as one of those who has the "spirit of Antichrist" [Note: note THE Antichrist] that Jesus warns us about. Those with such a "spirit" are "already in the world." No doubt in my mind that Soros, a self-admitted atheist, is one. The evidence is overwhelming.
1Jo 4:1 Beloved, do not believe every spirit, but test the spirits, whether they are of God; because many false prophets have gone out into the world.
1Jo 4:2 By this you know the Spirit of God: Every spirit that confesses that Jesus Christ has come in the flesh is of God,
1Jo 4:3 and every spirit that does not confess that Jesus Christ has come in the flesh is not of God. And this is the spirit of the Antichrist, which you have heard was coming, and is now already in the world.
Hat Tips:
American Thinker
Watch Glenn Beck
Update:
* Apparently, one commentator at American Thinker agrees:
Posted by: conservativerose
Nov 15, 07:56 AM
I enjoyed Mr. Dunn's article until the last couple of paragraphs. No, Gyorgy Schwartz felt no remorse, is not and was not trying to correct some wrong he had done in the past. It is time for people to recognize that there are people who are purely evil. You don't justify being a mass murderer or rapist because your parents divorced when you were little, if that's the case, the world will be filled with people like that, without remorse, while justifying their actions through some traumatic events in their past. Everybody has trauma in their past, yet they don't turn into monsters.
It's About Overwhelming the System
I nearly fell off my chair!
I think it is all highly dangerous Marxo-Islamo-Fascism that he and his cronies want to instill here in America. There is NOTHING GOOD about any of those ideologies!
I also wrote:
Kevin, I am disappointed. I didn't think that you would ever admit to being THAT naive in order to support your beloved Obama master. What a damn shame!
Here is the link to the article I recommended that he read:
WAYNE ALLYN ROOT: Obama's agenda: Overwhelm the system
Here's a copy of the article:
Rahm Emanuel cynically said, "You never want a crisis to go to waste." It is now becoming clear that the crisis he was referring to is Barack Obama's presidency.
Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he's doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within.
Barack Obama is my college classmate (Columbia University, class of '83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward & Piven, two professors at Columbia University. They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands. Add up the clues below. Taken individually they're alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival ... and can be counted on to always vote for bigger government. Why not? They have no responsibility to pay for it.
-- Universal health care. The health care bill had very little to do with health care. It had everything to do with unionizing millions of hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesn't care that giving free health care to 30 million Americans will add trillions to the national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?
-- Cap and trade. Like health care legislation having nothing to do with health care, cap and trade has nothing to do with global warming. It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obama's biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kick-back hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power. The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama "spread the wealth around."
-- Make Puerto Rico a state. Why? Who's asking for a 51st state? Who's asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers. But this has been Obama's plan all along. His goal is to add two new Democrat senators, five Democrat congressman and a million loyal Democratic voters who are dependent on big government.
-- Legalize 12 million illegal immigrants. Just giving these 12 million potential new citizens free health care alone could overwhelm the system and bankrupt America. But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security.
-- Stimulus and bailouts. Where did all that money go? It went to Democrat contributors, organizations (ACORN), and unions -- including billions of dollars to save or create jobs of government employees across the country. It went to save GM and Chrysler so that their employees could keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues). All those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America. The country goes broke, future generations face a bleak future, but Obama, the Democrat Party, government, and the unions grow more powerful. The ends justify the means.
-- Raise taxes on small business owners, high-income earners, and job creators. Put the entire burden on only the top 20 percent of taxpayers, redistribute the income, punish success, and reward those who did nothing to deserve it (except vote for Obama). Reagan wanted to dramatically cut taxes in order to starve the government. Obama wants to dramatically raise taxes to starve his political opposition.
With the acts outlined above, Obama and his regime have created a vast and rapidly expanding constituency of voters dependent on big government; a vast privileged class of public employees who work for big government; and a government dedicated to destroying capitalism and installing themselves as socialist rulers by overwhelming the system.
Add it up and you've got the perfect Marxist scheme -- all devised by my Columbia University college classmate Barack Obama.
Wayne Allyn Root was the 2008 Libertarian Party vice presidential nominee and serves on the Libertarian National Committee.
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Personally, I still think that Obama is just the puppet and the rich, evil puppeteers are operating the strings of destruction. Mr. Root gives Obama too much credit for creating ways to pull off this ongoing destruction of our Constitutional Republic.
God help us! And...I think He will. All things work together for good for those who love the Lord.
Former United States Ambassador to the United Nations, John Bolton, had comforting words regarding Obama. When he is voted out of office, his terrible policies can, and will be overturned.
I hope that he gets booted out sooner than 2012. Perhaps the Blago trial * (or, any one of the other lawsuit cases against him) will bring an indictment down against him and force him from office.
Hat Tip:
Las Vegas Review-Journal
*For those interested in following the Blago trial, visit:
Citizen Wells Blog
Stack Was a Domestic Terrorist
The craziness that has erupted surrounding Joe Stack's ranting suicide/homicide note just keeps getting crazier. For one thing, I think that his daughter (who lives in Norway) should have keep her creepy and irrational thoughts to herself.
The only sane response in that article belongs to the son of the man who was killed in the building:
Hunter's son, Ken Hunter, said he's alarmed by comments that called the pilot a hero.
"How can you call someone a hero who, after he burns down his house, he gets into his plane and flies it into a building to kill people?" Hunter told ABC." "My dad Vernon did two tours of duty in Vietnam. My dad's a hero."
Then, Samantha Bell (Stack's daughter) had the gall to "offer her deepest condolences to the Hunter family."
WHAT???
There is a HUGE disconnect there! How could someone approve of a person's actions by calling him a "hero" when he had the intent to kill as many people as possible in a building; and then say that she offers her condolences??? Apparently, she's as loony as her father was.
That's not American justice. It sounds more like the radical and harmful social justice thuggery techniques taught by the Alinsky/Cloward-Piven/ACORN/SEIU Communists and are typically used by ObaMAO and his thug czars!
And don't give me the "we don't know what his (Stack's) ideology was." Of course, the leftists want to blame it on the TEA Party Movement. Being the progressive-minded clueless idiots that they are, I'm actually surprised that they didn't blame it on one of the following:
1. Bush
2. Sarah Palin
3. Sarah Palin's Down Syndrome son, Trig
On second thought, if I searched long enough perhaps I would find that they already did blame it on Bush!
Look, the guy was obviously depressed, angry, severely disturbed, and crazed. He willfully and intentionally crashed his plane and committed a domestic terrorist attack upon IRS employees at that government building in Texas. Of course, the press and the blogs are all abuzz, trying to guess at what the man's ideology was.
What do you think was his ideology?
Was he closer to being a fed up anti-government lunatic and jilted former Obama supporter or a TEA Party Movement backer?
I think that we can get a hint when we read the final two sentences in his six page suicide note rant:
The communist creed: From each according to his ability, to each according to his need.
The capitalist creed: From each according to his gullibility, to each according to his greed.
Joe Stack (1956-2010)
02/18/2010
It sounds to me like he appreciated the Communist Creed and hated the so-called "Capitalist Creed."
Hat Tip:
Fox News Channel
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In other news, don't miss:
Daily Thought Pad: More Significant Under the Radar News
Soros Fixed On Destroying America
When Obama supporters like Mike Rucker (who previously used to comment here) continue to drink the Kool-Aid and go on and on about race, the confederate flag, and the ruse of health care while ignoring the Marxist thugocracy and unconstitutional shadow government that Obama's 'hidden' puppeteers are creating; it makes me wonder if a certain portion of the Obama voters will EVER uncover their eyes, ears, and minds and see the reality that exists all around their cyanide-laced (metaphorically speaking) drunken stupor of worship that they still have for this bogus POTUS?
Great comments over there. Here is one of the best:
Posted by: fwi
Sep 24, 12:35 AM
This is so chilling. I have no doubt that Soros is behind all the so called crises in our country. His malice and his money are what motivates this evil imposter in the White House. England was destroyed by this man, and he is doing the same to this country.
The country has never been in more peril, and it is coming from within. When I see a clip of Obama proclaiming he was going to "fundamentally change America" and people are wildly cheering, I don't know who I am angrier at--Obama for being evil and hating America, or the grossly irresponsible people who voted for him.
I believe that Obama is trying to dismantle and discredit the CIA so that it would be ineffective against Soros and other shadowy figures that have put this imposter in the White House.
I am convinced if the facts were known, Obama would be found guilty of treason and Soros and Axelrod would be in jail. THe UN address with all of the slips of the tongue, the strange direction of the comments, the body language was the tipping point for me. The problems with Obama really go far beyond this health care bill.
This is the real Black Swan. THe financial "crisis" was the warm- up, manufactured and engineered by Soros. Follow the money. The evil of Soros is fully fixed on destroying this country. He is using Obama to do his bidding while he stays hidden.
If you want to read more blogposts about Soros' evil ways, go to the links in this comment:
Posted by: Samwise
Sep 23, 10:52 PM
Barbara Jares Wrote:
> Here is another item about Soros. I met a couple
> who moved to US from England to escape the
> socialist government and they said, "Of course you
> know what Soros did in England don't you? "
> Of course the answer is no. They said that Soros
> tried to take down the financial world in England
> but failed...something to do with silver. Please
> look into that, it won't take long and it might be
> very important...for you! Thanks again!
> Barb
Barb,
For all of his purported hatred of Capitalism, Soros is pretty much the poster boy for the worst kinds of abuses of Capitalism. The man is a vulture. Here are some links explaining exactly what Soros is capable of:
He hid his Jewish identity during WWII, and then profited from the misery of his fellow Jews. He even helped in confiscating their property!
[sweetness-light.com]
He made a financial killing by intentionally causing "Black Wednesday" in England
[http://www.articlesbase.com/finance-articles/forex-legend-george-soros-and-the-british-pound-137964.html]
He attempted to ruin the economy of Hungary -- his home country!
[sweetness-light.com]
Here he is gloating about the latest financial crisis in this country (which he no doubt has a hand in)
[sweetness-light.com]
Previous Posts About Soros at Talk Wisdom
Hat Tip:
American Thinker
The ACORN Eight Story & More [Breaking News!]

I have fast become a great fan of Glenn Beck's T.V. show on the Fox News Channel. How refreshing it is to see this man have the freedom of speech rights as a news analyst (who is also very funny and entertaining, I might add) to discuss the things that many Americans want to hear about - but is either being muzzled or ignored by the rest of the Lamestream Media pundits.
Beck's shows are power-packed with information that the rest of the media refuses to report. I record it each day so that I don't miss one show. It also helps to be able to rewind and view again when blogging about an issue!
Today's show [Nice Deb has the videos!]
is one that must not be missed! Glenn will have seven of the eight former ACORN board members who, up until now, have not been given any platform to tell their stories about their former involvement with ACORN. During Glenn's show, we will get the inside story (that others don't seem to want to touch with a ten foot pole!) and they will have the chance to express their opinions, concerns, and reasons why they believe that this organization has been highly corrupted.
Yesterday, Kevin Mooney of the Washington Examiner was a guest on Glenn's show. He reiterated the fact that ACORN has nefarious ties to SEIU. Mooney also reported that after his story came out in the newspaper, the SEIU took down their online link to ACORN. Hmmm....
Glenn is right! There is MUCH MORE CORRUPTION going on with these groups than has already been revealed by the lawsuits against ACORN in twelve states for voter registration fraud.. And, the fact that Obama was once a prominent "community organizer" involved with ACORN for years, it will be interesting to see what the former ACORN employees have to say about the time when ACORN changed from being a good organization into its current highly corrupted management.
During Wednesday's broadcast, Glenn pointed out that we didn't elect a president - we elected a community organizer who is now involved with the greatest power grab that this nation has ever seen! Obama wants to control - well - just about EVERYTHING through government.
NOT GOOD!!!
I think that we might find out much more about the intimidation methods of "community organizing" and the Chicago "pay to play" and "corruption" methods than we ever dreamed existed!! It will start with the information that the ACORN seven will share on Glenn's show today.
There was much more important information that Glenn covered on yesterday's show - i.e. the Montana ruling for states' rights, and the reason why the latest "stress test" was made public (think Alinsky rules for radicals and "community organizer" style politics for a hint) while the normal FDIC stress tests are never made public. But they are topics for another day. Or, see my sidebar because many bloggers are discussing them.
I want to focus on just a very short incident that Glenn shared while he was attending the Time magazine "most important people - or something like that" dinner. He mentioned that everyone in the room probably hates him. Well, if you ever see Olberdummy mock Mr. Beck, then you would not blame him for thinking that way.
While sitting at a table of reporters who most likely hate his guts, Glenn said (paraphrased here) - 'I know that we don't see eye to eye on most issues. But I'd like to ask a question. Has anyone here really thought about what our nation will look like four years from now with all of the spending that is going on in our government?'
One woman thought about it and said, (again, paraphrased here) 'No I haven't. I think that perhaps we should.'
Yeah...I think that perhaps EVERYONE SHOULD THINK ABOUT THE CONSEQUENCES OF SADDLING TRILLIONS OF DOLLARS WORTH OF DEBT ON OUR CHILDREN AND GRANDCHILDREN!!!
Stay tuned for an update after the show broadcasts today.
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Additional must read blog posts:
DefendUSx: Rob Lamb - Why I admire you, Barack Obama. A must read!
DefendUSx at RepubX: GPS Marking EVERY Front Door Part II
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BREAKING NEWS UPDATE!
I was just listening to the very end of Glenn Beck's radio program and guess what? The appearance of the ACORN seven is now down to TWO! Glenn made some excuse about the cost of "last minute airfare" (since when has THAT EVER BEEN A PROBLEM FOR A NEWS ORGANIZATION???)
BUT DO YOU KNOW WHAT I THINK??
THOSE PEOPLE WERE MOST LIKELY THREATENED BY THE EXISTING ACORN THUGS!!!
BRAVO FOR THE ONES WHO WOULD NOT ALLOW THEMSELVES TO BE INTIMIDATED OR COWED INTO NOT REVEALING THEIR STORIES!!!
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Update: Well, I watched the show and the two brave women who had their say despite the threats shared some powerful information! I will try to locate the youtube videos of the segment and post them here. It is better for readers to see the entire broadcast segment. Then you can make up your own minds about what (and just whom) is behind all of the corruption.
Isn't it odd that John Conyers dropped his call for an investigation into ACORN?
Hmmm...
One of the ladies on the show mentioned that Gerald Nadler was against it and pressured Conyers into dropping the investigation.
Hmmm....
I wonder who else pressured Conyers to shut up??
Keep an eye on this developing story. This is only the beginning - folks.
P.S. Oh yeah!! I can't forget this part. At the very end of Glenn's show, he stated that the hate mail was coming in at an alarming rate. But not only against him - against the women for speaking out!! No surprise there...huh???
Glenn asked for us to pray for their safety. I have and will continue to do so.
However, I think that is the other five had shown up and millions of Americans had heard their stories, too, that they would be more protected due to the fact that they DID speak out - even when threatened (both before and after the show) by the "powers that be." There is something to be said for safety in numbers...in this case - safety in the number of people who now know the truth about corrupt ACORN!!!
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Update:
Nice Deb has the videos!
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John Fund article at the Politico: Falsified registrations become votes
RIGHT BEFORE THE ELECTION OF PRESIDENT HUSSEIN: "A $550 Billion Electronic Run on the Banks"
If you aren't angry about what you will read Pam Gellar's Atlas Shrugs blog and what you hear directly out of the mouth of Rep. Kanjorski in the video at Investigating Obama, then you should FINALLY WAKE UP AND SEE HOW OUR BELOVED COUNTRY IS BEING HIJACKED FINANCIALLY BY OBAMAFRAUD AND HIS SICK, EVIL, RICH COHORTS IN CRIME BACKERS!!!
Video Link:
Kanjorski on C-SPAN
Also see Pam Gellar's post - 9/11/2008 CATASTROPHIC FINANCIAL TERRORIST ATTACK CAUSED ECONOMIC MELTDOWN
Is that date just TOO COINCIDENTAL OR WHAT???
I SMELL TREASON!!!
I think that we need to create a blogburst about this!
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Update 2/13/09 - Blogger Zach Jones has a VERY IMPORTANT post up that reveals SO MANY of the corruption and conspiracies surrounding Obama!
Obama – Constitution – U. S. Military – Dr. Orly Taitz – Tennessee - Rep. Kanjorski – Money Market Run - Larry Sinclair’s Book – Vantage Press – The BOPAC Report
I am adding Zach's post to the blogburst.
People...last night I laid awake for quite a while. I was thinking, and praying for this beloved nation of ours. I asked for God's intervention to prevent the StimuWASTE bill from passing. I prayed that the truth about Obama and his usurper presidency would be exposed and he would be removed from office. I pleaded with the Lord to WAKE UP ALL AMERICANS to he DANGER Obama represents and the TREASON THAT HE IS CURRENTLY INVOLVED IN ON SO MANY LEVELS!!
Obama's crimes far exceed ANYTHING that any other former president has ever done - icluding Nixon! ObamaGATE makes Watergate look like NOTHING!
Here are some of the blogs discussing this financial crisis assault upon our nation:
The Steady Drip
Atlas Shrugs
Investigating Obama: Manufactured Catastrophe - The Cat is Out of the Bag - MarxoFascist War on our American Freedom and Personal Livelihoods
Gina Cobb: The Financial Crisis Was Triggered by a Run On the Banks
ZachJonesIsHome: Obama – Constitution – U. S. Military – Dr. Orly Taitz – Tennessee - Rep. Kanjorski – Money Market Run - Larry Sinclair’s Book – Vantage Press – The BOPAC Report
Talk Wisdom
Share this with everyone you can!!! Please add your blog to the blogburst! Write the link in the comment section and I will place it here on the front page!
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Update 2/13/09
It's still VERY FISHY - but apparently, the Dem Congressman may have been wrong about his assessment of exactly what happened. Just to be fair, I wanted to share this link too:
Sweetness and Light: Run on Banks Didn't Happen
Here's a copy of the post:
Quote:
Kanjorski and the Money Market Funds: The Facts
With the Kanjorski Meme still spreading (see Ben Smith, Andrew Leonard, Moldbug, and more), I think I’m finally able to squash it with some hard figures: there never was a $500 billion outflow from any asset class in the space of a couple of hours or even weeks, and the Fed never shut down or froze any money-market accounts.
This is not the first time that Kanjorski has made these allegations. But first, it’s worth going through the timeline.
On September 15, Lehman Brothers failed. The Reserve fund — which was $64 billion that morning, and which had a substantial investment in Lehman debt — saw $10 billion of withdrawals that day. The following day, September 16, it saw another $10 billion of withdrawals; on September 17, when withdrawals had reached a total of about $40 billion, it announced that redemptions would take "as long as seven days"; as we all know, that was massively overoptimistic.
The news from The Reserve was gruesome, and total withdrawals from money-market funds reached $104 billion that day, according to Crane Data. Another data provider, ICI, says that as of the close of business on the 17th, money-market funds had a total of $3,549.3 billion, which was a fall of just $30.3 billion from their level a week previously.
The following day, September 18, was bad but not quite as bad, with withdrawals of $57 billion, according to Crane Data. By the 24th, according to ICI, the total was $3,456.2 billion — a drop of another $93.1 billion from the 17th.
On September 19, worried about outflows from money-market funds, the Treasury announced that, for a fee, it would guarantee — not freeze — eligible money-market mutual funds. But the details of the plan still weren’t clear as of September 21, when Treasury said it was "continuing to develop the specific details surrounding the temporary guaranty program".
Substantially all of the outflows came from institutional accounts: retail investors never panicked. If you look at the weekly data for bank savings deposits, including money market deposit accounts, they stood at $3,167.4 billion on the 15th, and rose to $3,191.4 billion on the 22nd.
So where does the $500 billion outflow number come from? Would you believe: the Sunday New York Post, which on September 21 published a story headlined "Almost Armageddon" featuring this paragraph:
According to traders, who spoke on the condition of anonymity, money market funds were inundated with $500 billion in sell orders prior to the opening [on Thursday]. The total money-market capitalization was roughly $4 trillion that morning.
Remember where we’re at here: the end of the longest week in financial-market history, when no one — traders, reporters, Congressmen, you name it — was getting much if any sleep. Simple errors can easily be made, numbers can get fuzzy, everything was moving very fast and confusingly.
In any case, three days later, on September 24, Kanjorski held a hearing on Capitol Hill with Treasury secretary Hank Paulson. Here’s what he said:
I was talking to someone, one of my friends on Wall Street today, asking him to verify the money market run. It was anonymously reported in some of the New York papers, and I think I have evidence of it in some of our conversations, whether it was with you or with other experts, that between 11:00 and 11:30 on Thursday last, the money markets in the United States were hit by a run that amounted to about $500 billion of $4 trillion in accounts and that as I understand it, it was essential for the Federal Reserve to pump $105 billion into the system and to suspend operations or the money market accounts of the country would have, in fact, failed.
One, you should tell us that.
Kanjorski is clearly fishing here: he’s talking about anonymous newspaper reports and vague "conversations" and anonymous Wall Street "friends", and basically asking Paulson to confirm his suspicions. Which, naturally, Paulson doesn’t do, because the suspicions weren’t actually true. That said, however, Paulson’s being-polite-to-the-Congressman answer doesn’t explicitly say that Kanjorski’s numbers are false.
After that, we didn’t here much more about this meme until Kanjorski resuscitated it on C-Span, this time citing the Federal Reserve as his data source, and beefing up the numbers for good measure:
On Thursday at about 11 o’clock in the morning the Federal Reserve noticed a tremendous drawdown of, uh, money market accounts in the United States to the tune of $550-billion was being drawn out in in a matter of an hour or two…
We were having an electronic run on the banks. They decided to close down the operation, to close down the money accounts. … If they had not done that, in their estimation, by 2 PM that afternoon $5.5-trillion would have been withdrawn and would have collapsed the U.S. economy and within 24 hours the world economy would have collapsed.
This is all, frankly, fiction, and it’s not clear where most of it came from, although maybe Kanjorski’s "friends" on Wall Street are the same people as Michael Gray’s sources at the New York Post. Thinking back to that crazy week it’s easy to get details wrong, especially when you’re speaking off the cuff on a call-in show. But let’s stop treating it as though there’s any substance to it. Please.
If you ask us, Mr. Salmon’s explanation could have been a little more clear.
But we tend to believe it.
Something as big as a $500 billion run on the banks could not have gone by unnoticed by everyone in the business.
Of course we would still like to know where Mr. Soros fits into the current financial crisis.
(Thanks to Michael for the heads up.) /quote
We still have MANY questions! Why did this Congressman lie on C-SPAN? Was this what he WAS TOLD to believe?
We are experiencing the Alinsky methodology of confusion, panic and fear? We are right in the middle of the Cloward-Piven Strategy of Manufactured Crisis? (Use Yahoo web search to read up on both if you are not familiar with these strategies and techniques of neo-Marxists.)
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Update 2/17/09 -
Maggie's Notebook has updated information about this subject:
Paul Kanjorsi Suckered C-SPAN
Soros - The Evil Financial Manipulator
Recall all of the blog posts where I stated that I suspected that George Soros was probably involved in our current economic crisis?
There is comment post over at Free Republic with a link to a paper that tells of more examples of Soros' corrupt maneuverings in other nations' financial markets!
Islander 7 Comment quote:
Case Study: George Soros
The world’s undisputed king of applying this type of muscle is George Soros. The August 23, 1993 cover story of Business Week entitled “The Man Who Moves Markets” paints the picture of an investor whose manipulation of the press is matched only his ability to manipulate his financial empire. By far, Soros’ greatest gains, however, have been destabilizing currencies on the global market. Time and time again, when a nation is in a monetary crisis, Soros is there to give the currency the last nudge, and then profit as it plummets. He bet against Asian currencies in 1997 and the peso in 1994. Perhaps his most brash move was taking on the Bank of England in September of 1992.
England was in a precarious position in 1992. It had an agreement with other European nations to maintain its currency within certain bounds relative to the German mark under the ERM- Exchange Rate Mechanism- system. Economic troubles had reduced the true value of the pound, but still it was held at a rate of roughly three marks to the pound. Increasingly, England was being pressured to devalue the pound, despite treaties to the contrary. But when would they take an action so contrary to national pride? On Wednesday, September 16, Soros leveraged the entire $1 billion value of his fund, and was able to take a $10 billion position against the pound. The $10 billion bet against them was the final blow, causing the government to announce a devaluation. All told, Soros made $2 billion in profits on the trade, tripling the value of his fund, at the expense of the British government. Without a global network and precise timing to rely on, Soros could never have pulled such an extreme trade. The lesson is not to stop the development of global networks or inhibit technology growth, but to be aware of the new opportunities available to the most aggressive investors. Such assaults are clearly not in the best interests of the nations involved (Asia is still recovering from its currency crisis), and some sort of world leadership is needed to prevent individuals from destabilizing governments for their own profit.
More from commenter "imfrmdixie":2) The true story of Soros the Golem Executive Intelligence Review SPECIAL REPORT April 1997.
{p. 18} George Soros is not only one of the world’s leading megaspeculators; throughout his entire life up to this day, he has served as an “errand boy” for the Anglo-American monetarist establishment, running looting operations against the nations of Eastern Europe, as well as attacks against the sovereignty of nations ... in September 1992, “in an eyeball-to-eyeball confrontation with the Bank of England,” Soros destroyed the British pound and the Italian lira and made $12 billion in profit from his speculation, as he later bragged in an interview. ...
{p. 19} Using leveraged loans, Soros raised $40 billion to outspend the Germans. How he was able to do this, remains a mystery: first, there was the fact that a speculator like Soros is able to borrow on a margin of 5%, borrowing $1 billion for just $50 million. Second, Soros had ties to those very British oligarchic circles (epitomized by the Rothschilds) which wanted to undermine the Bundesbank, at the same time that they considered the pound sterling to be overvalued. Third, Soros had extensive lines of highly leveraged credit with banks like Citibank N.A., which is one of two custodians of Quantum. And, fourth, U.S. intelligence sources charge that Soros has access to a ‘hot money” crowd in Israel, politically associated with the Eretz Yisroel goals of Gen. Ariel Sharon. These provide some leads as to how Soros was able to beat the Bundesbank and destroy the ERM.
More from "IndianPrincess OK":Absolutely agree!!! Read this from Wikipedia on Soros. He mentions that he supports Obama and he worked hard to defeat Bush. Don't you know he will do whatever it takes to get O in. I find it not one bit a coincidence...no way. He has the fund, the hedge fund buddies, and he has the motive.....absolutely. Now, how do we deal with it? Here's what I found. Wikipedia does not allow you to post on FR. http://talkwisdom.blogspot.com/2008/09/sorosobama-scheme-to-financially.html http://dealbook.blogs.nytimes.com/2008/10/09/from-george-soros-to-a-bank-near-you/ George Soros (pronounced /ˈsɔroʊs/ or /ˈsɔrəs/,[2] Hungarian IPA: [ˈʃoroʃ]) (born August 12, 1930, in Budapest, Hungary, as György Schwartz) is a Hungarian-born American financial speculator, stock investor, philanthropist, and political activist.[3] Soros is famously known for "breaking the Bank of England" on Black Wednesday in 1992. With an estimated current net worth of around $9 billion, he is ranked by Forbes as the 99th-richest person in the world.[1] Currently, Soros is chairman of Soros Fund Management and the Open Society Institute and is also a former member of the Board of Directors of the Council on Foreign Relations. According to his own website, Soros claims his support for the Solidarity labor movement in Poland, as well as the Czechoslovak human rights organization Charter 77, contributed to ending Soviet Union political dominance in those countries.[4] His funding and organization of Georgia's Rose Revolution was considered by Russian and Western observers to have been crucial to its success, although Soros said his role has been "greatly exaggerated." In the United States, he is known for having donated large sums of money in a failed effort to defeat President George W. Bush's bid for re-election in 2004. On BookTV, November 12, 2007, he said that he supports Barack Obama for the Democratic candidate in the 2008 election, but says that John Edwards, Hillary Clinton, or Joe Biden are all fine candidates, as well.
Financial Transactions
HT: Free Republic: Is the market being manipulated in order to influence the election?
Allies of Soros Helped Bring Down Wachovia Bank
How allies of George Soros helped bring down Wachovia Bank.
Excerpt:
Soros, Lewis, and the Sandlers form a core group of billionaire activists and Democrat partisans who have formed a group called The Democracy Alliance. They realized that they could magnify their power by working in unison and tapping other wealthy donors to further their agenda (the superb Boston Globe article "Follow the money" is a good primer on how money and 527 groups have come together to have a huge impact on politics in America).
The Democracy Alliance is a major avenue to help them achieve their goals. The roster of its growing membership consists of a list of billionaires and mere multi-millionaires who collectively hope to give upwards of 500 million dollars each year to further promote a left-wing agenda. A partial roster of the Democracy Alliance membership can be found here.
Half a billion dollars a year can purchase a great deal of influence.
The Sandlers certainly know quite a bit about leverage from their savings and loan days.
Among the beneficiaries of their largesse: Air America, ACORN (a group that has very close and long lasting ties to Barack Obama and has a long history of engaging in voter fraud. Citizens for Responsibility and Ethics in Washington (basically a private detective group focused on the private faults and foibles of Republicans), Media Matters, a media watchdog group that engages in harsh partisan attacks against media figures and articles it considers supportive of Republicans). The list goes on and on.
They are not merely out to elect Democrats, but to also permanently realign U.S. politics and shift our society and culture in a far-left wing direction.
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What's even worse...IT'S A DOUBLE WHAMMY!
Added at 8:32 p.m. PT: A MUST SEE VIDEO! What Caused Our Economic Crisis?
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Second Update: Road Sassy has the scoop! The BailOut "NO" vote (on the Dems side - at least) WAS A DEMOCRATIC SCHEME & SET-UP!!!
HT's:
Comment in previous post by Zee of Road Sassy
American Thinker
Cloward-Piven Strategy of Orchestrated Crisis, the Radical Left, and Obama
Thanks to Faultline U.S.A.'s excellent, informative, and comprehensive article about The Cloward-Piven Strategy of Orchestrated Crisis, the Radical Left, and Barack Obama.
Update: Cross-posted at Maggie's Notebook.
YOU MUST READ THAT COMPLETE ARTICLE AT FAULTLINE OR MAGGIE'S NOTEBOOK!!
Take a look at the following chart:

Excerpt:
In attempting to capture the significance of Barack Obama's Radical Left connections and his relation to the Cloward-Piven strategy, I constructed the following flow chart. It is by no means complete. There are simply too many radical individuals and organizations to include them all here. But these are perhaps the most significant.
The chart puts Barack Obama at the epicenter of an incestuous stew of American radical leftism. Not only are his connections significant, they practically define who he is. Taken together, they constitute a who's who of the American radical left, and guiding all is the Cloward-Piven strategy.
Conspicuous in their absence are any connections at all with any other group, moderate, or even mildly leftist. They are all radicals, firmly bedded in the anti-American, communist, socialist, radical leftist mesh.
The people who have fallen under Obama's radical spell need to WAKE UP AND SMELL THE CORRUPTION!
SPREAD THIS LINK AROUND!! PEOPLE NEED TO SEE THE UGLY TRUTH ABOUT BARACK HUSSEIN OBAMA!!!
This article and chart needs to be sent to the McCain Campaign!!!
God help us November 4, 2008.
NOBama!!!
HUGE HAT TIPS TO: Faultline U.S.A. and Maggie's Notebook
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Update: Also see:
O's Dangerous Pals
Docs Detail Barack's Ties to Radical
Cloward-Piven Strategy - Strategy for forcing political change through orchestrated crisis.
Recall my previous posts:
Soros/Obama Scheme to Financially Destroy America [and get an election win for Obama because SO MANY PEOPLE WILL BE DUPED BY THIS!!!]
Financial Terrorism
Bailout: Dems Behind the ACORN
Well people - that is a boldfaced lie and total bull****.
But Reid gets away with it anyway! How despicable.
And...he also tried to give Obama credit for what was previously agreed upon! How ludicrous is that??
At least Fox News reported the truth that the disagreements between the committee and the House Republicans were there even before the meeting with President Bush occurred.
Harry - you are such a liar! I won't hold my breath for a retraction.
Want to know the truth about why an agreement isn't forthcoming as quickly as it could?
Then go to Right Voices and read - Why is ACORN in The Bailout?
Why indeed!
Who wants ACORN in there? The nutty socialists! (Ha! Couldn't resist the pun). It is mostly the Dems that are OK with this. However, according to the Dem news conference starring Hapless Harry and Chris Dodge-the-Corruption, there are also some clueless RINOS in the Senate willing to go along with them! Wonder who they are? I'm sure conservatives can take a guess.
Ha! Just noticed what is written below the Right Voices logo at their website:
...in all matter of opinion, our adversaries are insane - Oscar Wilde
Lots of additional links at that website.
And, Road Sassy exposes the truth once again in Bi-partisan My A**: Barack Hussein Obama is a Liar.
Yep!
Someone should write a movie script starring Reid and Obama and call it Liar, Liar! Oops wait! That title has already been used! My bad!
HT's:
Right Voices
Road Sassy
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Related posts:
McCain Getting Blamed For Deal Dying But Guess Who Is Not Mentioned At All?
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Well....now ISN'T THIS SPECIAL??
Media Mum on Barney Frank's Fannie Mae Love Connection
Democratic House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive.
What's worse Pelosi made Frank "super-chairman" of this current bailout debacle. Does this make ANY SENSE TO CLEAR THINKING AMERICANS?
I DON'T THINK SO!!!!!
SHEESH!!!!!!!!!!!!!
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Update: The Democratic ACORN bailout; Update: Video added ( Hidden in the Paulson Recovery Plan?)
Also see Hot Air - Lindsey Graham video added.
Trackback URL: http://hotair.com/archives/2008/09/26/the-democratic-acorn-bailout/
Soros/Obama Scheme to Financially Destroy America!
But now, it is certainly good to know that I am not the only blogger out there spilling my guts about the George Soros/Obama connection!
Soros, Barack Hussein Obama, the Financial Meltdown: Destroying America
There are many other additional links that support my original suspicions connecting these two with our current economic mess!
Please read the article links at the "Road Sassy" site. It is just TOO COINCIDENTAL that this has happened just eight weeks before the election!
People - we need to pray for John McCain to come to the rescue on this. I have heard that Newt Gingrich has come up with a plan that is much better than the current $700 billion bailout. At least John McCain courageously outlined five points (during his speech at the Clinton Global Initiative) that need to be addressed before this amount of taxpayer money is handed over.
Here's just a few of the things that I found most disturbing at the "Road Sassy" site:
Obama Knee-Deep in Financial Crisis
It’s important to go to http://opensecrets.org in order to do some serious research on Obama’s fundraising, including this year and his 2004 Senate race. Obama, after Chris Dodd, was the biggest recipient of donations from Fannie Mae and Freddie Mac, and his economic adviser, Franklin Raines, was a major architect of the financial disaster. So, too, was Jim Johnson, who (briefly) headed Obama’s V-P search team. McCain is exploiting this.
But a key point to bring out how many millions (tens of millions?) Obama has received from financial firms, not only Fannie and Freddie, but also Goldman Sachs, Citigroup, and many, many other firms whose hands are dirty in the recent financial events. Goldman Sachs has treated Obama like the world’s most expensive mistress.
Bloggers and other onliners: We need to concentrate on issues that will ring a bell with the American people and avoid ones that mainly academic exercises. The fact that Obama has received millions from people who caused the economic crisis will resonate.
What is especially enraging for me is that Soros and his boy Obama may damn well succeed in pulling this country down. I have been writing about Soros for a long time and I am relieved to see others recognizing his nefarious machinations in this election.
Soros Bets on U.S. Economic Collapse
We may not know much about Paulson, but we know a lot about Soros.
Senators Hillary Clinton and Barack Obama favor government support for people losing their homes because they can’t repay their sub prime mortgages. But what about the financial wheeler-dealers in the hedge fund industry who may stand to make billions of dollars from this terrible debacle? Foremost among them is billionaire hedge fund operator George Soros, who has committed his life and immense financial resources to bringing the Democrats to power in the White House.
Ties to the controversial and mysterious hedge fund industry could become a major problem for the Democratic Party. Hedge fund money “appears to be tilting toward the Democrats of late,” the New York Times reported last year.
OBAMA IS OWNED BY GEORGE SOROS
Barack Obama is a wholly-owned subsidiary of madman financier George Soros, the shadowy multi-billionaire who is credited with destroying the entire economy of Britain a few years ago while making a fortune betting against the British currency. For his trouble, he was convicted of insider trading, stock manipulation, and trading fraud. Sound familiar?
Now Soros, along with a conspiracy of Asian and European currency traders, is betting against the dollar. He hopes to bring down the economy of the United States and control the White House, all within the next eight weeks. Already there is talk in international financial circles of lowering the credit rating of the United States from AAA, for the first time in history. That would skyrocket our cost of borrowing. Soros is quoted as having said, “The main obstacle to a stable and just world order is the United States. . . . We must puncture the bubble of American supremacy.”
But first he must get Obama elected at all costs. And to that end he has managed to enlist many of the nation’s union bosses to commit more than $1 billion to the election. Soros plans a one-two punch against our economy, the first in New York in October (did we already see it?) the other in Hollywood just before the election in November.
HT: Road Sassy
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Update: Also see Who [else] Is Responsible For This Financial Mess over at Big Dog's Weblog.
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Second Update: Now we know why the Jr. Senator from Illinois - who has spend most of his time in office campaigning for the presidency - dragged his feet about coming back to Washington to help with the current financial meltdown. He probably already knows about how the Dems created this mess:
How the Democrats Created the Financial Crisis: Kevin Hassett
Was his reluctance to come back to Washington due to guilt? Or was it due to his desire for complete evasion? I'd bet it was the latter reason...
Excerpt:
Now that the collapse has occurred, the roadblock built by Senate Democrats in 2005 is unforgivable. Many who opposed the bill doubtlessly did so for honorable reasons. Fannie and Freddie provided mounds of materials defending their practices. Perhaps some found their propaganda convincing.
But we now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years.
Throughout his political career, Obama has gotten more than $125,000 in campaign contributions from employees and political action committees of Fannie Mae and Freddie Mac, second only to Dodd, the Senate Banking Committee chairman, who received more than $165,000.
Clinton, the 12th-ranked recipient of Fannie and Freddie PAC and employee contributions, has received more than $75,000 from the two enterprises and their employees. The private profit found its way back to the senators who killed the fix.
There has been a lot of talk about who is to blame for this crisis. A look back at the story of 2005 makes the answer pretty clear.
Oh, and there is one little footnote to the story that's worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess.
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Lest we forget:
Soros-Obama Connection from LGF archives.
Trust, But Verify
Admittedly, I do not know much about Treasury Secretary Paulson; except that he is a former CEO of Goldman. I need to do a search on him. However, just as McCain had mentioned several times since this investment meltdown came to fruition, it is best to "trust, but verify" any person who would be in a position like Paulson inevitably will - with access to so much tax-payer money in the face of this bailout measure.
After doing a quick search, I found this article quite interesting. In truth, I hate to link to it because the author obviously hates Bush, Republicans, and conservatives.
Although the author refers to people like me and Michele Malkin as "right-wing" it appears that he is glad that there is some conservative concern and chatter in opposition to Paulson getting access to so much money. Since one man would be making all of the decisions (at this point)as to what he will do with the money over the next two years, it makes perfect sense to be highly concerned.
All the more reason that John McCain's idea of a bipartisan oversight committee is crucial before the measure gets passed and signed by President Bush.
I still have a sneaking suspicion that George Soros has his grubby, evil and menacing hands somewhere in this mess. Can't prove anything, but my previous post about him (in case you missed it) reveals why I think he has something to do with our current financial crisis.
Not many people wrote comments to that post. Maybe I'm the only one who sees connecting dots between this crisis, the "Obama Unmasked" book, and O'Reilly's warnings about Soros in "Culture Warrior?"
Hmmm.....
Decided to do a search on "Paulson and Soros connection."
Found a few articles that may give us some insight:
Soros Bets On U.S. Economic Collapse - This was written back in January, 2008! However, the "Paulson" mentioned in the article is "John Paulson."
Then, I found this article:
Paulson Hedge Fund Up 410% Subprime bet pays off for $20 billion hedge fund firm. That is an article from September, 2007. Notice this in the comment section:
Austintatious 380 days ago
Unless Paulson & Co has some connection with Hank Paulson (former Goldman CEO, current Sec of Treasury)...
Wow! Could there be a connection? Does anyone know if these two "Paulson" men are related?
Obviously, this writer doesn't like Paulson's fantasy - which kicks Main Street in the teeth!
Next, I found a link at Boom2Bust.com in which we find two May, 2008 articles where Soros "warns of financial crisis, wealth destruction" and "predicts more economic pain." How nice. Soros laughs at the end of the comment at "Boom" blog!
There are many, many more links I could post. But alas, my blogging time for now has expired.
I will end with a link to a post called, George Soros: The Enemy Within
Yep!
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Update @ 11:36 a.m. PT:
Apparently, Ben Stein finds the bailout quite alarming!
Stop the Wall Street Looting
*Sigh* - What is an average American like me supposed to think about all of this! It's making my mind spin and head hurt!!
HT's:
Accuracy in Media
Market Watch
Investment News
Boom2Bust.com
Blogger News Network
Update link HT:
Money News.com
Financial Terrorism?!
Remember the post I wrote called Obama's Radical List Grows?
Within that post, I mentioned a book called "Obama Unmasked." In an email that I had received about the book, it was revealed that billionaire George Soros is politically backing and financially supporting Obama's campaign.
Note what I previously wrote and quoted about Soros:
Several days ago, I got an email with information that shares how George Soros is financing Obama's candidacy and using Obama as his puppet to get access to the White House.
If you are unfamiliar with this man, please do a search. You will find out how he has spend MILLIONS trying to get Gore, Kerry, and now Obama elected.
The email I received described another book coming out called, "Obama Unmasked".
Found it!
New Book Exposes Obama's October & November Surprises
Help Unmask Obama!
Excerpt from second "Unmask" page that contains my concerns about Soros:
Back when he was an Illinois Senator, why did Obama vote "Present" a record-setting 130 times?
Is that leadership?
Is that "change"?
When Obama did vote on important issues, why did he vote the "Democratic Socialists of America" party line every time? (You could call that "change" but not the kind we need!)
A dirty Chicago machine made Obama, and will be expecting blood loyalty...How easily can Obama be bought?
Unsealing the federal indictment against his close pal and fundraiser (and convicted felon) Tony "the Fixer" Rezko should reveal plenty.
Earlier we spoke of two revelations in Obama Unmasked that may well blow the lid off this election.
Okay, first, a source close to the mad billionaire George Soros has revealed that Soros is planning...An "October Surprise" to make Soros a fortune and Obama a President.
Soros' lefty candidates have lost the last two elections, and he's p*ssing mad. He has $7 billion to spend to get it right this time! He is reportedly planning to sack the U.S. economy, make himself billions richer, and put Obama in the White House marching to his mad tune.
[Here's a thought. Did Soros have any connections with the Lehman Bros. bankruptcy? What about the collapse (and subsequent government rescue) of Fannie Mae and Freddie Mac? Is anyone else out there suspicious about this?
Update 8/12/08: Could Soros (or possibly Latkoff and Geffen - also mentioned in the book) have had a hand in the AIG crisis? Could they be toying with the troubles at Washington Mutual through financial manipulation too?]
You can go to the link above to read about the suspicion regarding Geffen. O'Reilly describes George Lakoff as "godlike to the S-P (secular-progressive) faithful. [H]e's a stealth warrior, a battlefield theorist of the first order."
Obviously Soros couldn't pull off such a devilish task on his own.
Recall that I had posted a summary about Soros in Bill O'Reilly's book, "Culture Warrior":
To sum up, Soros is a smart, ruthless ideologue who will stop at nothing to advance the secular-progressive offensive. He has no scruples, ethics, or sense of fair play. The guy reminds me of Colonel Banastre "Butcher" Tarleton, the most justly hated Redcoat during the Revolutionary War. Soros and Tarleton can both be associated with take-no-prisoner policies: In both cases, their prey, whether traditionalists today or colonial rebel fighters in the eighteenth century, were simply people trying to strengthen their country.
I mean it. for traditional-minded Americans, George Soros is public enemy number one. Without his unlimited cash (along with that of Peter Lewis), the S-P movement could not attack so readily and so effectively - and with such venom. Soros envisions a libertine society that soaks the rich (except for him) and forms no judgments on personal behavior. His one-world philosophy would obliterate the uniqueness of America and downsize its superpower status. His secular approach would drastically diminish Judeo-Christian philosophy in America and encourage his own spiritual philosophy: atheism. George Soros is truly an imposing force, and his elite media allies are making him even more so. We ignore him at our peril.
Doesn't the last five sentences remind you of many of the Obama campaign not-so-subtle talking points?
Excerpt source: Culture Warrior by Bill O'Reilly pp. 40-41.
Last night on The O'Reilly Factor, several rich, far leftist loons that are backing Obama were revealed. Among them? George Soros!!
The smug and quite snooty "socialite" (and, Marxist Socialist) lady (need to find her name) who was interviewed by O'Reilly on the show had revealed the cast of characters behind Obama. O'Reilly threw in a little jab (which the woman apparently took as a compliment!) that she was responsible for introducing Obama to Soros.
Let me share a few more excerpts from "Culture Warrior":
Far more malevolent and powerful than George Lakoff will ever be is the moneyman of the secular-progressive movement, George Soros. Without this dangerous guy, Lakoff and his crew might as well spit into the wind. Soros is El Jefe of the S-P forces, a man whose vast fortune is directed toward undermining traditional America and replacing it with a so-called Open Society. George Soros is the puppet master, the man with the plan, a ferociously far-left force about whom most Americans know little or nothing.
O'Reilly writes that Soros was born to a Jewish family in 1930 in Hungary and fled when the Russians occupied it after WWII.
Soros wound up in London, studied at the London School of Economics, then migrated to America in 1956, where he began an investment fund that eventually made him on of the richest men in the world. Forbes magazine estimates his personal wealth at more than $7 billion. Along the moneymaking trail, Soros was convicted of insider trading in France in 1988, earning a $2 million fine. He has gained a reputation as a ruthless currency trader who often dances on the edge of illegality. In 1992, he made $1 billion in a single day by betting that England would devalue the national currency.
Now an American citizen, Soros keeps much of his vast fortune in banks on the Dutch island of Curacao, where his Quantum Fund is registered. That means Soros can dodge many U.S. corporate taxes even though he hinself is based in New York City. By the way, George Soros is on record as wanting affuent Americans to pay higher taxes, even as he operates a lucrative real estate company from Bermuda - another place where he can avoid U.S. taxes.
What kind of man is Soros? Well, he does not believe in God, his social phhilosophy is libertarian, and his political outlook is far, far left. According to investigative reporter Peter Schweizer, a fellow at the Hoover Institution, Soros has donated "hundreds of million of dollars" to American left-wing causes. At this point, he is the prime financier of a number of operations on the Internet that consistently smear conservative and traditional Americans.
Ah ha!! Now we know how the left-wing loons and smear merchant bloggers get to live in their parents basements, not work, and spew hate-filled rhetoric all day long on their blogs!! Shall I name the blogs? Probably don't need to...they are well-known already.
As if all of this isn't bad enough, there is more.
O'Reilly goes on and describes how Soros is an ideologue who "screams for the legalization of drugs, euthanasia, and "progressive" taxation.
Such a lovely worldview - isn't it? /sarcasm now off
After 9/11, Soros became much more radicalized. He spent $24 million trying to defeat Bush in 2004.
O'Reilly writes:
But most disturbing are his (Soros) statements about the terror war and his support for a convicted terrorist enabler, New York attorney Lynne Stewart, who is currently in prison.
Where, btw, Obama's unrepentant terrorist buddy - William Ayers - should also be!!
More on her in a bit. Soros wrote the following words in the Atlantic Monthly: "Hijacking fully fueled airliners and using them a suicide bombs was an audacious idea, and its execution could not have been more spectacular."
How cold, heartless, and utterly evil is that statement?
[T]he billionaire followed up that observation by taking out an ad in the Wall Street Journal that stated: "The war on terror as we have waged it since 9/11 has done more harm than good."
To whom? Whom exactly is Soros pulling for? It isn't the United States, as he has compared the Bush administration to the Third Reich, according to an article written by Laura Blumenfeld in the Washington Post.
I ask you. Does all of this sound very familiar? Aren't these the talking points of the Obama campaign and all the far leftists in our country?
O'Reilly:
Soros expanded on his post-9/11 angst in an interview with Fortune magazine: "The crisis now is the crisis of global capitalism and a political and military crisis. It has been brought about by the exploitation of September 11th by the Bush administration to pursue its policy of dominate the world in the guise of fighting terrorism."
In no-spin words, Soros believes that the United States does not have the right to act unilaterally to fight terrorism, although, to be fair, he did not object to the removal of the Taliban in Afghanistan. A significant hallmark of the S-P movement, by the way, is that, with rare exceptions, a world consensus is needed in order to use military force. [T]his, of course, is off-the-charts dangerous, because much of the world despises America and is decidedly not looking out for us.
Now, it may appear that I am drifting away from the topic of this post. Please bear with me. This next section from O'Reilly's book will tell you why I included it.
O'Reilly:
And if all this weren't disturbing enough, George Soros then took it a step further by actually helping and aforementioned terrorist enabler. On February 10, 2005, radical New York City lawyer Lynne Stewart was convicted of conspiracy, providing material support to terrorists, defrauding the United States, and making false statements.Is this information nightmarish or what??
A jury found that Ms. Stewart had smuggled message from her jailed client - Sheik Omar Abdel Rahman - to his Islamic terrorist supporters in Egypt. As you may remember, Rahman is the blind Muslim cleric who was convicted of plotting to blow up the United Nations and planning the first bombing of the World Trade Center, among other things. He had also urged his followers to kill all Jews. Rahman is serving a life sentence in a federal prison in Colorado.
Anyway, the sixty-six-year-old Stewart, who had openly advocated violence in the past, is now a convicted felon essentially for helping her pal Rahman. And guess who paid some of her legal bill: George Soros's Open Society Institute. Nice. One footnote: Both Soros and Stewart come from Jewish backgrounds, which is peculiar in light of their support for radical Islamists who want to re-create the Holocaust.
O'Reilly goes on to describe how their primary attack website - MoveOn.org - routinely slanders and smears all opposition to their ideology. What's worse is the fact that such lunatics have access to the MSM; unlike conservative right bloggers.
O'Reilly concludes, "[h]e (Soros) has developed a defamation pipeline that can instantly injure anyone in the United States."
We currently see the defamation merchants at work against Sarah Palin! I was so encouraged and proud of her when she told Hannity, "I have thick skin." Good for her! She isn't going to let the lunatics get to her!! As a fellow Christian, I know that her "thick skin" is also being protected by the "shield of faith!" We need to keep her in our prayers.
Good thing I'm such a small-time conservative Christian blogger - or, the smear merchants might come after me because of this post!
O'Reilly got it right in his summary of this dangerous, conniving and utterly evil man.
"We ignore him at our peril."
Excerpt source: Culture Warrior by Bill O'Reilly pp.36-39
Update: Watch this "talking points memo" and notice how Bill mentions the fact that this financial crisis may lead people to vote Democratic!
While listening to Sean Hannity on the radio just now, he stated that the Obama campaign appears to be "giddy" and "happy" about this crisis!!
Do you smell a rat? Perhaps several here???
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Update: Read Michael Reagan's Pinning The Tail On The Donkey
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Update: Read Terrorists Are Benefiting From Latest Wall Street Scam
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Update: McCain's Attempt to Fix Fannie Mae and Freddie Mac in 2005