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George Soros: Money
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[I]f no one has a theory to explain the market -- not even George Soros -- what chance do you have to make money consistently in the markets? It turns out there is a secret to George Soros's success. But it's not one that you will find in books that discuss Soros's investment philosophy -- and certainly not in The Alchemy of Finance. But once you understand and apply this secret, it will make your trading life much easier -- and certainly less stressful.
Born in Hungary in 1930, Soros came of age under Nazi and Soviet occupation. He built his fortune wheeling and dealing in lawless nations, where money buys pliant rulers and topples disobedient ones with equal facility. In his writings and interviews, Soros boasts openly of subverting governments in Croatia, Slovakia, Yugoslavia and the Republic of Georgia. (8) Now, like a big-game hunter facing retirement, the 73-year-old Soros seeks the ultimate trophy to crown his mantel – the head of George W. Bush on a pike.
Typically, Soros and his cronies present the current "war on drugs" as draconian, a huge waste of money and a threat to civil liberties. Legalization is then presented, usually couched in terms of reducing the harm associated with illegal use and procurement of drugs. The audience is never presented with a third option—eradication of drug crops at home and abroad, an intensified military/intelligence effort against drug lords abroad, tougher sentences for users and dealers, and more drug testing.
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Soros unashamedly admits to making money by exploiting market anomalies, even if this meant impoverishing nations. Soros then does an about turn and espouses the need for social values, in order to curb greed, and bring sanity to the markets. M.G.Pawley - South Africa
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Hastert states in a Sept. 1 letter to Soros that he never referred to drug cartels on Fox News Sunday, that Chris Wallace did. The "drug groups" Hastert claims to have had in mind were the "Drug Policy Foundation, The Open Society, The Lendesmith [sic] Center, the Andean Council of Coca Leaf Producers, and several ballot initiatives across the country to decriminalize illegal drug use." On this score, Hastert's letter is completely disingenuous. These groups are beneficiaries of Soros wealth: He's given them money. In the program transcript, Hastert is clearly asking about the source of Soros' money for his political and social campaigns, and then he asks the leading question, is it from "overseas or from drug groups"?
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You have one guy in George Soros. You had mentioned big business had been criticized for this stuff before. Here you've got all of this power in the hands of one guy because he's got a billion dollar fortune, where he can put his money wherever he wants.
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