Soros: “Obama Will Listen to Me”

Soros: Obama Will Listen to Me
Money News

Hedge fund manager George Soros says he has finally found his footing in Washington.

A pariah under the Bush administration and largely overlooked by Clinton, Soros says that “at least I will get a hearing” in Washington now.

Soros plans to use the opportunity to advocate radical regulatory and financial reforms that would rein in financiers — including himself.

“It is, in a way, the culminating point of my life’s work,” Soros told The Australian News.

“The American election, the financial crisis … it is actually a very stimulating period.”

Soros wants Washington to loosen its grip on the International Monetary Fund; co-ordinate macroeconomic policies between national governments; and create new international banking and market regulatory regimes that oversee derivative financial products and curb speculators.
He knows this will be a hard sell but remains hopeful.

“I am actually fairly optimistic because the problems are recognized and certainly the new team in America understands things pretty well the same way as I do,” Soros notes.

“And I think (British Prime Minister) Gordon Brown does.”

The problem, Soros says, is that what policymakers fear actually has to happen before they take action, which is why it remains likely we will experience more financial crises.

‘I’m Having A Very Good Crisis,’ Says Soros As Hedge Fund Managers Make Billions Off Recession
Daily Mail UK
George Soros said the current economic crisis has been the culmination of his life’s work
A hedge fund manager who predicted the global credit crunch has said the financial crisis has been ‘stimulating’ and the culmination of his life’s work.
George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse.
Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the gloabal storm.
But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion.
And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year.

‘It is, in a way, the culminating point of my life’s work,’ he told national newspaper The Australian.

Soros is one of 25, top hedge fund managers from across Wall Street who have defied the credit crunch crisis to reap a total of $11.6billion (£7.9bn) last year.

Wild Thing’s comment……..
This is so scary, chilling actually. This man’s vision might actually come true and it will be our beloved America where he see’s his world domination.
He paid for Obama from way back when Obama was in Chicago.