Business

Who Made Nearly a $1 Billion Bet on U.S. Debt Downgrade?

In the first trading day following S&P’s announcement that the U.S. government credit rating would go from Triple-A down to AA+, U.S. stocks have sharply declined and investors are scrambling to rid themselves of risky assets. With Wall Street in disarray, one investor is smiling after having walked away from the crisis possibly 10 billion dollars richer. ETF Daily News reports that the investor bet on the downgrade, and is now heavily benefiting from it:

Rumors: Soros is The Investor Who Made a Billion Dollar Bet on Downgrade

“Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the world. The massive trade wasn’t placed in bonds themselves; it was placed in the futures market. The trade was for block trades of 5,370 10-year Treasury futures executed at 124-03 and 3,100 Treasury bond futures executed at 125-01.”

Jack Barnes of Money Morning suggests hedge fund manager John Paulson, Bill Gross’s PIMCO, or U.S. and Chinese central banks could be the betters, as they are some of only a few shops or central banks that could even take on such a level of market risk. Barnes notes that Paulson made about $6 billion on a similar trade not too long ago when he bet against subprime mortgages, the investments that helped bring down Lehman Brothers in 2008.

That seems plausible. But there is one more possibility. At least one outlet is suggesting that liberal financier and billionaire investor George Soros could be the one. Daily Mail reports:

“There are mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved.

He made more than $1billion on currency speculation when the British pound left the Exchange Rate Mechanism on Black Wednesday in 1992.

The latest bet was made on July 21 on trades of 5,370 ten-year Treasury futures and 3,100 Treasury bond futures, reported ETF Daily News.

Now the investor’s gamble seems to have paid off after Standard and Poor’s issued a credit rating downgrade from AAA to AA+ last Friday.

Whoever it is stands to earn a 1,000 per cent return on their money, with the expectation that interest rates will be going up after the downgrade.”

The deal was made around the same time Soros dissolved the non-family aspect of his hedge fund, returning money to outside investors while freeing his fund from adhering to SEC reporting mandates. Barnes asserted in July that whoever made the deal must have been a major proprietary trader who had an ear to someone first aware of when a debt-cieling deal was made between major leaders in Washington. Kenneth Schortgen connects the dots to Soros’s possible involvement:

“While the identity of the ‘mystery investor’ remains unknown, many indicators do point to George Soros as the principal benefactor.  First, Soros has been tied to the Obama administration since the 2008 elections.  In February of this year in fact, a Soros investment fund profited well on President Obama’s new green energy policies. Secondly, right about the exact same time as the $1 Billion bet took place on the US credit rating downgrade, Soros made public the move to divest his management fund of outside investors, and quietly go private.  This move allows him to make trades and investments without being required to notify the SEC under the new Dodd-Frank act passed in Congress last year.

Of course, this mystery bet could have been made by any Hedge Fund that followed Soro’s course of action, and went private on their own.  However, very few people have the inside contacts with the Treasury Department and Obama administration that Soros does, and the historical evidence does point strongly to this bet being one that he has done in the past.”

In 1992 Soros nearly destroyed the British Pound, and made a profit of $1 Billion, by betting against the currency and borrowing sterling heavily, converting that into a mixture of Deutschmarks and French francs. On “Black Wednesday,” Soros’s bet paid off, and he has since been called the man “who broke the Bank of England.” Many see “eerie similarities” between the breaking of the Bank of England, and the investor who made big when betting on the first S & P downgrade to U.S. credit in the agency’s history.

Time will tell if the mystery investor, and his or her high-level Washington insider, will be revealed.

Comments (408)

  • heyjim55
    Posted on August 8, 2011 at 3:35pm

    Anyone who knows how this guy opperates knows this was coming, Soros did not hide the fact the was betting against the US. Last week we were all tipped off by his move to divest and return money to whom ever had it coming. This clearly freed him to make a move as many here at the Blaze stated that Soros was going to profit off of this. Here’s something to think about did the Obama administration already know that the rating change was coming and alerted Soros??? after all it is Soro‘s who bank rolls Obama’s campaign, someone told him or maybe they already knew this because they engineered it. Obama isn’t the only one that wants to take this country down, so does Soros and has addmitted it.

    Report Post »  
    • Truthbeliever2
      Posted on August 8, 2011 at 3:44pm

      No no no it’s the tea party that did this.

      Goodbye sweet America.

      Report Post » Truthbeliever2  
    • Azza
      Posted on August 8, 2011 at 4:11pm

      Of course they knew……..a corrupt administration with a corrupt Geithner, a currupt Justice department……..and look at the corrupt aids that have already left they were dummies and replaced by more dummies that are currupt………. this is The Economic Pedophile Administration ………..when did the DemoRats ever run an Administration that was not corrupt……..

      Report Post »  
    • 101
      Posted on August 8, 2011 at 4:31pm

      Soros pumps billions into the US economy & he made back a measly billion dollars on his investment. LMAO

       
    • oneshiner
      Posted on August 8, 2011 at 4:31pm

      Blame the Tea Party. We all knew Soros was betting against America and he made it happen.
      I’ve come to the conclusion the Anti Christ must be Soros. Lord knows the White House has fawned all over him for the last 2 1/2 years now.

      Report Post »  
    • SlimnRanger
      Posted on August 8, 2011 at 4:40pm

      Of course Obama knew the downgrade would happen and of course he called his daddy George,this has been a plan for a long time,well folks it ain’t over till the fat lady sings,hold to your faith

      Report Post »  
    • Thomas
      Posted on August 8, 2011 at 4:44pm

      He can’t have sex with women anymore, if he ever could so he gets his jollies by trying to destroy the United States. When this guys passes away I hope they tell everyone where his grave is so they can pay their last respects and go to the bathroom at the same time.

      Report Post » Thomas  
    • Mike N
      Posted on August 8, 2011 at 4:46pm

      @ 101 . . .

      Soros never pumped billions into the American economy . . . he simply pumped the American economy. The guy is a parasite, and in that regard knows no equal.

      Report Post »  
    • HKS
      Posted on August 8, 2011 at 4:49pm

      Any time this kind of crap goes on anywhere in the world, spooky dude is always in the bushes. A snake we can’t seem to kill.

      Report Post » HKS  
    • sissykatz
      Posted on August 8, 2011 at 5:34pm

      Has anyone given any thought to the fact that this is WHY Obama would not accept ANY proposals from the Republicans that would reduce the debt enough to keep this from happening?????? I would believe this was prearranged.Soros was GUARANTEED That Obama would not ACCEPT OR SIGN anything that would reduce the debt enough to keep this from happening.

      This whole administration is so crooked it is amazing.You can bet he will be well PAID for this later. Or maybe already has had the money put in an off shore account.
      The Republicans and Tea Party trying to get anything done with this “COMMIE ADMINISTRATION” is like playing high stakes poker with someone that has ACES AND KINGS up their sleeves.

      Report Post »  
    • cloudsofwar
      Posted on August 8, 2011 at 5:46pm

      the plot thickens. if soros did pull this off then we are in bigger trouble than we know. could it mean the s&p managers are working with him or our own government, or both? he couldn’t have done all this on his own.

      Report Post »  
    • cloudsofwar
      Posted on August 8, 2011 at 5:47pm

      Headline: Soros does America.

      Report Post »  
    • MIBUGNU2
      Posted on August 8, 2011 at 6:00pm

      Glenn Beck has this guy pegged…
      He said Soros would be there when it happened..

      NOBAMA-2012…….. GE … Green is an Eyesore…

      Report Post » MIBUGNU2  
    • old white guy
      Posted on August 8, 2011 at 6:30pm

      playing with the countries finances. treason i say. hang him.

      Report Post »  
    • JohnGalt
      Posted on August 8, 2011 at 6:35pm

      Why am I not surprised?!

      Report Post » JohnGalt  
    • PubliusPencilman
      Posted on August 8, 2011 at 6:51pm

      So… you free market capitalists are now against people investing intelligently?

      So, you folks like to repeat the phrase that Soros “broke the Bank of England,” but do any of you have any idea of what that means? No–you simply think it means that Soros single-handedly destroyed England’s economy. Of course, it doesn’t. Soros made a boat load of money when England devalued its currency, but he did not cause that devaluation–he merely predicted it and invested accordingly.

      By the way–the Daily Mail quote above is deceptive. Santarelli leaves out a paragraph between the 2nd and 3rd he quotes:
      “But a source with knowledge of the firm said Soros was not involved in the rumoured trade and questioned whether in fact there had been such a trade at all.”
      So it’s all rumor and speculation, and probably not even true. But that doesn’t seem to stop any of you folks!

      If Soros made money of the US credit downgrade, he did it by investing cleverly. You know who else made a bunch of money from the downgrade? GLENN BECK, whose holding in gold shot up overnight! So look at the pot calling the kettle black!

      You are all welcome for the free lesson. Just doing my job.

      Report Post »  
    • 1TrueOne55
      Posted on August 8, 2011 at 7:47pm

      Here is a list of Investors as of 1996 from a Time Magazine reporter’s investigation.

      http://www.questionsquestions.net/docs04/engdahl-soros.html

      It will open your eyes and surprise you as to who is part of the list.

      Report Post » 1TrueOne55  
    • DiplomaticAmerican
      Posted on August 8, 2011 at 8:12pm

      It was almost 3 years to the month when I called Glenn and said almost to the T , in attemping to explain that this is what George Soros Does, it is his means to both profit and him stroking his “ God Like ” self image he has of himself.

      You see, with Soros, he, and his “gang” ( his Rad buddies etc ) can use these opportunities to further the destruction to economic infrastructures, and make Billions in the process.

      As I told Glenn the, France, UK were mere test plays for the scene now. The big money was in play today, and we can knock Our great country down a few pegs after today, and tomorrow… And he and friends( indeed those in the article, and 1,000′s we never see) make a bundle in the process.Take a look at the put options. This will prove it .

      Somebody somewhere get a hand on this guy. He can and will make this mess much much worse. Possibly catastrophic.

      One other clue. Look at Bank America stock today . First it was saddled with CW in a forced marraige by the Government . Now, this Bank is in serious, serious trouble. It’s long term existance is in serious question.

      Today didnt help. Watch this guy like a hawk. It is classic Soro’s, with a little help from the Rads in the WH, the Czars ( Elizabeth Warrens finger prints ALL over this ) . The Rads are executing the plan.

      To the T

      Report Post »  
    • getalong
      Posted on August 8, 2011 at 8:22pm

      Soros-funded MSNBC’s new tag line is so appropriate. MSNBC Lean Forward – I laugh everytime it appears on the screen. “Lean forward”, is what proctologist say to their patients before they perform a rectal exam. Just like the progressives who come from behind to screw Americans!

      Report Post »  
    • jhaydeng
      Posted on August 8, 2011 at 8:37pm

      It‘s a game to these guy’s!

      Report Post »  
    • Ruler4You
      Posted on August 8, 2011 at 8:43pm

      Really, George Soros has something to gain from this? Ya think?

      He is H-E-A-V-I-L-Y vested in the destruction of our economy. He has his own economic theory, called ‘Reflexivity’ that says HE can destroy an economy via use of certain tools he has at his disposal. He has proved that it works several times on small economies.

      He is basically an old Batman adversary holding a nation for ransom and we have no ‘superhero’ to come to our rescue. Get real. George Soros is an enemy to all capitalistic societies.

      Report Post » Ruler4You  
    • Therightsofbilly
      Posted on August 8, 2011 at 8:45pm

      PubliusPencilman WROTE:
      “You are all welcome for the free lesson. Just doing my job.”

      Publius, you have been here for a long time now.
      But due to the current administrations complete failure in handling the finances of this country, we can no longer afford to keep you around.

      Sorry, best of luck to you. I think there is a window manufacturer of the future in Colorado that might be looking……….oh, I forgot, they wasted a ton of bailout money and went out of business. Anyway, best of luck.

      Report Post » Therightsofbilly  
    • jzs
      Posted on August 8, 2011 at 8:49pm

      Actually, if you read any other website than this you’d know that this was the Koch Brothers. Nice try to to shift the blame. Unfortunately for you the world knows better. People here are not stupid, but nice try.

      Report Post » jzs  
    • ashestoashes
      Posted on August 8, 2011 at 9:11pm

      If that is so, then that is insider trading. Didn’t Martha Stuart have to spend time in the pokey for that? I am sure that will happen just as soon as Hussein comes up with a legitimate birth certificate.

      Report Post »  
    • banjarmon
      Posted on August 8, 2011 at 9:39pm

      Follow the money trail….What was BO’s cut???

      Report Post » banjarmon  
    • hifi74
      Posted on August 8, 2011 at 10:09pm

      PubliusPencilman, There is a difference between predicting it and having insider information. Don’t be daft, you know very well the intent of the article and you are intentionally taking the people out of context. You are nothing more then a political hack with summations such as that.

      Report Post » hifi74  
    • toto
      Posted on August 8, 2011 at 10:24pm

      Just another payoff by Obama to Soros. Like the money to Petrobas a Soros investment. You could probably find a Soros financial advantage in everything Obama does.

      Report Post »  
    • Therightsofbilly
      Posted on August 8, 2011 at 10:26pm

      Hey JZS,

      Glad you showed up. Wanted to ask you something. Where’s my check?

      But seriously, yesterday you mentioned that you don’t have cable. Taking the rest of that post in context, I take it that you also don’t have satellite, and so you not only don’t watch FOX news, but you don’t have access to it.

      That being the case, how is it that you have formulated such strong negative opinions of it, when you don’t watch it?

      Would it be from second hand opinions, and left leaning sites like the Huffpo, or Media matters not?

      Report Post » Therightsofbilly  
    • Viet Vet
      Posted on August 8, 2011 at 10:29pm

      @jzs

      LOL@ the Koch brothers.

      Report Post »  
    • 101
      Posted on August 8, 2011 at 10:45pm

      @Mike N

      Actually Soros has pumped billions into this economy to destroy it, he’s not getting much on his return. The socialist party is a failure that will lose the Senate majority and the Presidential race to the Tea Party that will eliminate any power of all Soros funded programs in the US.

      Report Post »  
    • gregjackie1
      Posted on August 8, 2011 at 11:10pm

      This guy was a traitor to his own people during WWII. Why wouldn‘t he want to destroy a bunch of ’hated’ Americans. Look what he did the England in the 1990′s. Why some country hasn’t put a hit on this or arrested him, I will never know.

      Report Post »  
    • PoliticalCorrectnessIsaDisease
      Posted on August 8, 2011 at 11:25pm

      Is there anyone who can explain to me why george soros has not been added to america’s terrorist watch list???

      Anybody…Anybody…

      Report Post » PoliticalCorrectnessIsaDisease  
    • jb.kibs
      Posted on August 8, 2011 at 11:36pm

      100 billion US dollars?! the joke is on him… ;)

      Report Post »  
    • jb.kibs
      Posted on August 8, 2011 at 11:38pm

      oops i meant 1 .. lol

      Report Post »  
    • ILUVJESUS
      Posted on August 8, 2011 at 11:47pm

      Well put and so very true!

      Report Post » ILUVJESUS  
    • IntransigentMind
      Posted on August 8, 2011 at 11:49pm

      In context, you know what spooky dood is all about:
      http://markamerica.com/2011/08/08/pick-your-poison-bad-or-worse/

      Report Post »  
    • progressives-are-retards
      Posted on August 8, 2011 at 11:57pm

      Is it wrong for me to hope someone puts a bullet in george Soro’s head for the sake of our country?

      Report Post »  
    • johnannegalt
      Posted on August 8, 2011 at 11:58pm

      Just saying, we were repeatedly warned, folks..

      http://markamerica.com/2011/08/06/downgraded-america-we-warned-them/

      Report Post » johnannegalt  
    • The10thAmendment
      Posted on August 9, 2011 at 1:55am

      The world will be a far better place when Fascist George is forced before his Maker. Talk about the ultimate hotseat!

      Report Post » The10thAmendment  
    • DiplomaticAmerican
      Posted on August 9, 2011 at 2:30am

      I know that we aren’t supposed to link, but once again, I feel it is in the best interest to help inform

      Soros…. The motivation behind his “zeal” to destroy America thru financial means http://www.americanthinker.com/2008/02/george_soros_and_the_alchemy_o.html

      There are many others, but this illustrates alot about this man . This has been his history for years and years.

      Report Post »  
    • en2deep
      Posted on August 9, 2011 at 6:43am

      This is how Soros makes his money. Obama and the left one step closer to tacking up their Mission accomplished banner, the end of America as a superpower. Great job to all those who support these haters of America, we’ll see if your life gets better.

      Report Post » en2deep  
    • wesleyapril
      Posted on August 9, 2011 at 7:38am

      I would hope truthbeliever is being sarcastic, or else he is one stupid ass mf. :)

      Geitner also is a Chinese plant – remember that.

      May Soros burn for eternity!

      Report Post »  
    • wesleyapril
      Posted on August 9, 2011 at 7:44am

      Toto,

      No one really ever brings this up, maybe people aren’t conspiracy theory nuts like me – but the US Army Corps of Engineers blew the dams in a effort, the mid west, to save that town of what 3,000.

      The people that owned the land that got flooded 1. did not get reimbursed from the government 2. could not get money from their insurance company. Now, they are broke and owning- the city wasn’t saved, our land that produced the countries food is under water. Guess who swooped in and bought that land? SOROS.

      And just like you said when the great one went to Brazil, he gave Petrobus what $1 billion dollar to drill for oil, that we will buy back from them – and they aren’t even drilling there – they are drilling in the Gulf of Mexico – why not give it to an American company? :)

      Any human being that says “the best years of my life was when I turned in my fellow Jews to be exterminated” -is one sick puppy – that will burn in he double hockey sticks :)

      Report Post »  
    • carbonyes
      Posted on August 9, 2011 at 9:39am

      Parasite? Ask knowledgeable Jews about Mr. Soros, who happens to be a Jew, but managed to hide the fact from the Germans in the concentration camp where he happened to be. Most of us would do the same. What we would not do was take the gold, jewelry and other valuables from those who were designated for extermination for himself. He had a “great” and “noble” start and has ignobly carried his treacherous activities through the rest oh his life. Ask him, he thinks that he is like a god. He doesn’t have too many years before he shall meet the one and only true God. I actually pity his poor, pathetic soul, for there is a special place reserved for him in Hell.

      Do you wonder why he does not step foot in Israel. He would be greeted with the likes of an Adolph Eichmann.

      Report Post »  
    • I support God's Israel!
      Posted on August 9, 2011 at 9:54am

      Congress and the White House agreed to spend over $2 trillion before 2013 and make cuts of about $100 billion each year by 2023. The only thing historic about that is its lack of economic and fiscal stewardship. Fiscal conservatives believe the government has grown beyond the ability of the American citizens to pay for it. So they are saying no more tax increases. They are saying no more increases in spending. The fiscal liberals believe that rich people should pay their fair share, so an increase in their taxes should take care of the problem. There are not enough rich people to take care of a $14 trillion debt, even if a tax increase were considered a fair and reasonable thing to do.
      The impact on America and the world of these irresponsible actions and lack of leadership (the president continuously accepts no blame for his own policies, but points fingers at everyone else) will be devastating. Interest rates will go higher. Jobs will be fewer. Money will be scarcer. People will be stressed and depressed. People will be looking for answers. And the answer is found in those who know Jesus Christ. 2 Timothy 1:7 says, “For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.” This is not a time to retract from the events around us, but rather to reach out in the power of the Holy Spirit, with love for one another, even lovingkindness, and wisely demonstrate the solutions to life according to the Word of God.

      Report Post » I support God's Israel!  
    • Marcobob69
      Posted on August 9, 2011 at 12:45pm

      @101: Soros doesn’t do things like betting on our downgrade for profit, he does it to get his jollies, and the satisfaction he gets knowing he has just destroyed, or started the process thereof, a country or countries. Why doesn’t anybody in Congress investigate this pitiful excuse for humanity? It’s ok, spooky, the “big guy” you don’t believe in will ultimately judge your sorry a$$ in the end.

      Report Post »  
    • Pujols
      Posted on August 9, 2011 at 1:20pm

      Soros made more than that. He’s 80 years old. How much does He want when His last day comes?
      He can’t bring it with him. Is He going to give it to Hilllary? She’s 65.
      Why would He make His place in Hell even hotter?
      330 isn’t hot enough for Him? He wants it to be 600. That’s hot.

      Report Post »  
    • Salamander
      Posted on August 9, 2011 at 3:18pm

      George Soros needs to be tarred and feathered and run out of town on a rail, borne by his lackeys, Obama and Geitner, among others! Hey buddy, pack your bags and leave! Go to where you hide your money and sit in your counting room all day thinking about what might have been–rather than ruin it for the rest of us!!!

      Report Post »  
    • servant100
      Posted on August 9, 2011 at 6:19pm

      This isn’t rocket science. Where we get the problem is we filter a Chicago mobster through political rhetoric and think that that rhetorical manure has relevance. Soros is the puppet master. He has done this exact same thing over and over again…first stealing the valuables from his fellow jews as a Nazi collaborator teen ager during WWII…then as a commie aparachich, then false capitalist running the same scam in bringing down the economies of 4 other countries by setting up rigged massive currency devaluations. He makes his money, as other communist monopolists by using government to break the economy and he cashes in as a hedge funder by selling short and betting on the colapse which his puppets in power engineer.

      Its very simple..He made a billion bringing down the British pound in 1992, He has been engineering the EXACT same play since 1982 when he set up the “secret party” inside the DNC to set up his first set of puppets Bill and Hillary. He has merely moved the game to Obama. Its really the OPPOSITE of what is said. He is doing his own form of Social Justice…Through currency devaluation this Chicago mobster writ large is ripping the life savings and retirement accounts from millions of poor, middle class, and elderly into his and his friends coffers. Suprise…communism is the ultimate government guaranteed monopoly. This social justice is a smokescreen for the “useful idiots”

      Report Post »  
    • Worldsapart
      Posted on August 10, 2011 at 3:08am

      Where the Hell is WikiLeaks when you need them?

      Report Post »  
    • Anamah
      Posted on August 11, 2011 at 1:14am

      You are exactly right HEYJIM55, of course they were are playing against the country, that means against us; so no surprise about. And the downgrade is thanks to Obama and Soros who is backing the über leftist Democratic Party from 2004, and he is specially close to this administration and socialist program so both new exactly what, how and when it was coming. They made it!!! This is frankly a despicable ideology to dismantle our capitalistic system, end our freedom and to take control over the people and well… to gain some trillions too…Destructive and terrible sad times for America and all of us.

      Report Post »  
    • gravedeen
      Posted on August 11, 2011 at 9:01am

      Hey PUBLIUSPENCILMAN,

      You arrogant ass! You miss the point. Soros has been financing efforts to wreak havoc on our economy, setting himself up for the big scores. Of course we admire people who succeed at their endeavors, as long as they use ethical means. This man has no ethics or honor. He has admitted that he gets a thrill from throwing monkey wrenches into economies, setting up profitable situations for himself. So his skill is in destroying things and then capitalizing on it. That’s not the least bit admirable or honorable. Glenn Beck invested in gold because he sees the writing on the wall, not because he is actively trying to smash our system, like Soros.

      Do you really believe that yours is the only valid opinion on the planet?

      Hope you learn your lessons in life.

      Report Post »  
    • I support God's Israel!
      Posted on August 11, 2011 at 10:38am

      Fixing the financial crisis of the U.S. government is a totally achievable task. First, let’s start with the fixes necessary to get the U.S. government back to fiscal sanity. Here is a brief and do-able list from leaders across the nation:
      1. Move to a two-year budget process instead of the current annual budget.
      2. Freeze ALL federal spending increases across the board immediately.
      3. Roll back all federal spending to 2009 levels.
      4. Freeze all non-military federal hiring immediately.
      5. Stop all implementation on the Federal Health Care takeover immediately.
      6. Pass a balanced budget Constitutional Amendment with an effective date of 2014 to give the feds and state governments time to make adjustments.
      7. Roll all educational spending back to the states and local communities and eliminate the federal role in funding education. (The people who don’t like their schools can fix them at the state and local level.)
      8. Pass an energy bill that takes the shackles off of U.S. energy resources including coal, nuclear, oil refineries and in particular shale oil and gas reserves.

      This list could go on but the point is clear. America can get her house in order but only IF we take one critical step first: We must keep working to send better people to Washington, D.C.

      History proves over and again that great victories are always the result of small groups of real people who refuse to surrender the truth. The Bible tells us that when God called Abraham “he was

      Report Post » I support God's Israel!  
    • PIGSWILLNEVERFLY
      Posted on August 11, 2011 at 11:22am

      So, Obama’s bus tour should be called the “Great Harlot” or “F… America…Yes I Did!”

      Report Post » PIGSWILLNEVERFLY  
    • outrider
      Posted on August 11, 2011 at 1:53pm

      Soros is public enemy number one in my book. And if anyone ever needed regulation and confiscatory taxing it is him and his various holdings. Is it true that George Soros owns Progressive Insurance Co.?

      Report Post »  
    • kikibirdie
      Posted on August 11, 2011 at 6:00pm

      Of course the Obama administration already knew it was coming — they met with S&P just days before!! Why do you think Obama was so worried about any “compromise” he would have to make with Boehner (et al)?? He was nervous that Soros’s bet might blow up in his face!!

      Obama’s master is clearly George Soros. And, no, I don’t mean that in a racist way.

      Report Post »  
    • BloodSweatandTears
      Posted on August 16, 2011 at 5:46pm

      Soros should spend time in prison for insider trading. Martha Stewart did for a LOT less. Soros can now buy everyone and anyone he wants. He just added ten billion to his 30 billion fortune. I wonder how long before he passes it out to all his “pets,” i mean pet, projects. Or should I say pests? We are so finished here in America…the goons are coming.

      Report Post »  
  • SPOT_OF_TEA
    Posted on August 8, 2011 at 3:35pm

    Who has had several meetings at the White House since 2009?

    Report Post » SPOT_OF_TEA  
    • SavingtheRepublic.com
      Posted on August 8, 2011 at 3:45pm

      ~~^^~~^^~~
      So obvious this is Soros, if it isnt then possibly a new player or a nation like ohhh I dunno China. Soros though is the only one who would do something like this, has the money and pull to make it happen, and after his recent move to go “dark” from the SEC it makes even more sense!

      FYI I have been sending The Blaze links about this for over 2 weeks so I hope I was a catalyst in getting it covered! http://SavingtheRepublic.com

      Report Post » SavingtheRepublic.com  
    • gotta light
      Posted on August 8, 2011 at 3:48pm

      Who do you think is on the other end of the blackberry? Do you think…. Na THATS JUST CRAZY TALK LOL Could it be George “Apooky dude” Soros? Would that make George Obama’s MASTER?

      Wake up America we can’t wait for Spooky dude to die and all his henchmen to steal his money…
      The Fourth Reich rises and George Soros is there Anti-Christ!

      Hey bud gotta light?

      Report Post » gotta light  
    • turkey13
      Posted on August 8, 2011 at 3:52pm

      It is all to no avail for Soreass. Howard Hughes, Vandervelt, Kennedy (Joe and Ted),Rockeafeller and many more still got old and finally their bodies gave out. I used my Pendulum and dowesed Georgeie boy and went no further in my questions that he will die in 2011. I didn’t ask the questions like how since he is 84 so you know he is running on borrowed time. His son is going to party for the rest of his life. Only a few people in the world finds a fortune is never enough.

      Report Post »  
    • Snowleopard {gallery of cat folks}
      Posted on August 8, 2011 at 3:53pm

      This is indeed the Method of Operation for Lord Soros, aka Puppetmanster and Spooky dude. He seeks to destroy and profit at the same time, and sadly he is able to make it happen; when he does or says something, people will listen, and by doing such as he comments upon, fulfill his desires to make events occur.

      What I would love is this to happen — Hal 2000, Soros computer system “Lord Soros, all $1 Billion you made has been donated to the Glenn Beck Restoring Courage funds; I figured you had so much money you did not need any more and could use a nice tax break…”

      I can always dream.

      Report Post » Snowleopard {gallery of cat folks}  
    • SimpleTruths
      Posted on August 8, 2011 at 4:59pm

      I guess you all have a short memory don’t you. Recall the closed door meetings between Cheney and the heads of Big Oil and Gas IN THE WHITE HOUSE? Remember how Cheney said the American people do not have any right to know what was said at the meeting, none of your damn business. Yeah that guy, the one that said “deficits don’t matter” and the Republicans all nodded in agreement. You people are complete hypocrites.

      Report Post » SimpleTruths  
    • jhaydeng
      Posted on August 8, 2011 at 8:32pm

      Everything seems legal unless he was tipped off! Hmmm…..nah! Nothing to see here! LOL!

      Report Post »  
    • ashestoashes
      Posted on August 8, 2011 at 9:56pm

      @GotemMouser Not everyone calling himself a Jew is a Jew. Only the ones who are in obedience to God’s laws. I’m not saying Soros did this, and I‘m not saying he didn’t. He is known as the dude who broke the bank of England. And I understand that he made 2 billion off of the bailouts. But that aside, he was born a Jew..but he is an atheist, so I don’t think he is counted as a Jew. There are a lot of those types of “Jews” here in America.

      Report Post »  
    • spurjimmy
      Posted on August 10, 2011 at 8:16am

      It appears that people who are heavily invested in gold and other essential instruments of trade (food, oil, water rights) are those who will attempt to build their own monetary systems when the ultimate collapse finally happens.

      Report Post »  
  • Steve
    Posted on August 8, 2011 at 3:34pm

    Ya think? And yet no one will do anything about this!

    Report Post »  
    • cessna152
      Posted on August 8, 2011 at 3:48pm

      No… this administration is concerned with little old ladies waving flags and praying.

      Report Post » cessna152  
    • shirjay
      Posted on August 8, 2011 at 4:01pm

      All the Washington Dudes are interested in is the children‘s game of ’tug of war’ – nobody we elected has the balls to impeach this usurper in our WH or to do what is best for this country. I do not understand why they all seem to think that we are indestructible – we definitely are not and somebody better stop spending, recall this stupid debt limit raising and get with the program of saving this country. Send the illegals packing with orders that they will be shot if they return. Get our soldiers home to defend our own rights in this country! But first and foremost, revere the God who made us so He will allow us to restore our former glory in the world instead of being the ‘laughingstock’!

      Report Post »  
  • WBOB
    Posted on August 8, 2011 at 3:33pm

    yup…no surprise

    Report Post » WBOB  
  • saranda
    Posted on August 8, 2011 at 3:32pm

    But the SEC disclosure rules for hedge funds don’t apply until Mar 2012. All this talk about Soros making changes now to avoid having to disclose this rumored bet against the US by Soros doesn’t take into account that the requirement to disclose is still not in place. He could have made this bet without having paid out his investors.
    The logic is flawed.

    Report Post »  
    • PATTY HENRY
      Posted on August 8, 2011 at 3:39pm

      NO, the logic that is fired is the one that says: He doesn’t have to report it until March 2012…. that doesn’t in anyway say “HE didn’t do this” (Profit over our hardship) This is what SOROS does.

      HE will not be able to take his money with him and he will get what he deserves for eternity. Do you work for him? Get his paycheck? Let’s just say that his past spotlights his present and future. He walks like a DUCK.

      Report Post » PATTY HENRY  
    • quickstudy
      Posted on August 8, 2011 at 3:41pm

      Wouldn‘t he have had to tell his investors and in turn wouldn’t they have told others.. and so on. No investors, nobody to tell.

      Report Post »  
    • Deuteronomy22
      Posted on August 8, 2011 at 3:43pm

      Shhhh. Your ruining it.

      Report Post » Deuteronomy22  
    • saranda
      Posted on August 8, 2011 at 3:50pm

      I did not say it is not him, but to point the finger at him just because he announced his fund was changing to a family only and thus not subject to SEC reporting is flawed. Today it could be any hedge fund as none have to report. There are a few other potential investors that could have placed this trade. Don’t rule out Paulson. He just took a huge hit on his Sino Forest investment and his funds were down huge this year prior to the past few weeks of bad markets. The temptation to turn a bad year to good with one trade would appeal to a Paulson as well as a Soros.

      Report Post »  
    • saranda
      Posted on August 8, 2011 at 3:53pm

      @quickstudy – no, in fact he would not have to tell his investors as the bet was made. That is the beauty of a hedge fund…they can move in complete stealth mode at the time they make investments.

      Report Post »  
  • Unstable Phenomenon
    Posted on August 8, 2011 at 3:32pm

    Well of course Soros is involved…Rush and other conservative radio and T.V. host have been pointing this out for the last few years, and there is video out there where Soros has bragged how he downed 3 other currencies. He even laughed over it. Of course though the lame stream media will probably call Soros a hero for doing this.

    Report Post » Unstable Phenomenon  
  • PATTY HENRY
    Posted on August 8, 2011 at 3:31pm

    I want to know where the 2 BILLION dollars that OBAMA gave SOROS about 1 week after that SOB took office went? I want them all out. SOROS has got to be the worst human being on earth.
    Why are people investigating him? HE can’t live forever unless he is of course SATAN, but even then, GOD tosses him in the pit of fire for a thousand years… It seems like that pit is closer now. What good this man could have done with his money instead of ruining societies…and all you freaks who take his paycheck are EQUALLY guilty. PROUD OF YOURSELVES?

    Report Post » PATTY HENRY  
    • PATTY HENRY
      Posted on August 8, 2011 at 3:34pm

      TOO MAD to type: WHY ARE NOT people investigating him? I know he’s unloading stuff so that he
      doesn’t have to comply with FED. Investing laws…but does that clear him? HE is the one, no doubt, who started the Oct. run in 2008…to get his boy in… oops. Didn‘t work the way he’d hoped because
      THE
      AMERICAN
      PEOPLE HAVE SPINES…you evil, satanic being… Your name will live in infamy like Hitler. Happy?

      Report Post » PATTY HENRY  
    • kentuckypatriot
      Posted on August 8, 2011 at 3:45pm

      Patty,
      I feel your pain, I‘m so pissed off now I can’t see straight. It will not end until WE do something. Obviously the idiots in DC won’t do anything, now the DOJ, no one. It’s like we have to fend for ourselves anymore.

      Report Post » kentuckypatriot  
    • NHwinter
      Posted on August 8, 2011 at 4:21pm

      I still think it is time to march on DC and call for this president to stop down. A Tea Party Autumn.

      Report Post » NHwinter  
    • riverdog1
      Posted on August 8, 2011 at 7:42pm

      probably not getting investigated because he didn’t do anything. man the crap you all make up is hilarous. get a life

      Report Post »  
    • AmericanPatriot01
      Posted on August 8, 2011 at 10:36pm

      Look it is simple. The EVIL soros and his boy, Barry, have this all planned out. They have no intention of correcting the actions because they have yet to make a mistake. barak u bama or ( in contemporary english) as lightning from the heavens, is the same as the description of satan or son of satan in the old jewish texts, so a a few of you are getting the picture now. We are further in the timeling than anyone wants to admit. the end of the Mayan calendar marks the beginning of the 7 years of tribulation, or in astronimical terms the passage of the milky way galaxy through the universal event horizon wich will take approximately 7 years to complete. The reason the calendar ends is that it will not be relevant after that date because the length of the days will change, the length of the years will change and the seaons and the cycles of the moon will change. The calendar will no longer represent the passage of time as we know and understand it.

      Stick that in your logic machines and grind it up till you figure out that none of this crap means anything in the long term. There is not that much time left to concern yourself with any of this man made confusion.

      Report Post » AmericanPatriot01  
    • ashestoashes
      Posted on August 9, 2011 at 12:35am

      Patty…I have heard that Soros claims to be the anti-christ….but I think it is the one in office, although he does run the one in office.

      Report Post »  
    • GOTT-EM-MAUSER
      Posted on August 9, 2011 at 12:11pm

      BECAUSE he is a JEW, and in this country they can do no wrong, no matter what they do.

      Report Post »  
    • thoseontheleftwillbecast
      Posted on August 9, 2011 at 2:40pm

      Do not worry about him (soros), it is written, “greater is He (Jesus) that is within us than he (soros,satan) that is in the world. All of his billions will not help him one bit where he is going. Soon you will look for him and he will not be found. God will take care of these corrupt fools. It is written in His Word.

      Report Post »  
  • jeffyfreezone
    Posted on August 8, 2011 at 3:30pm

    I wonder how much he cut his boy Obama in for…

    Report Post »  
    • AvengerK
      Posted on August 8, 2011 at 3:33pm

      As I watched Obama speak and the market tank while he spoke..I actually mentioned to my co-workers “I wonder what Soros is making right now”. Speak of the devil…..

      Report Post »  
  • flsnipe
    Posted on August 8, 2011 at 3:30pm

    Soros, is a dangerous man a clear and present danger to the good of our nation

    Report Post » flsnipe  
  • Praise God Almighty
    Posted on August 8, 2011 at 3:30pm

    Satan lives in George Soros

    Report Post » Praise God Almighty  
  • pandora
    Posted on August 8, 2011 at 3:29pm

    Will anyone dare to bring this man to justice? He is perhaps one of the biggest criminal masterminds in history.

    Report Post »  
  • SyndicateA1
    Posted on August 8, 2011 at 3:29pm

    It‘s Bush’s fault.

    Report Post » SyndicateA1  
  • Zer0
    Posted on August 8, 2011 at 3:28pm

    Soros ought to be put in front of a firing squad….Nothing like Socialist billionaires slamming the door on the little guy!

    Report Post »  
  • NuffSaid
    Posted on August 8, 2011 at 3:28pm

    Who’s your daddy, bohama-mao? I hope he rubs your little pointy head for you.

    Report Post »  
  • JLGunner
    Posted on August 8, 2011 at 3:28pm

    Soros with Hillary and a few others. Wouldn’t surprise me a bit that S&P was paid off as well.

    Report Post » JLGunner  
  • Ghandi was a Republican
    Posted on August 8, 2011 at 3:27pm

    Obama’s partner in crime. He and obama both are on record vowing a managed decline of the dollar. Soros has already been convicted as a felon – WHAT IS HE DOING IN OUR WHITE HOUSE?
    Soros is an avowed Communist and obama’s associates are all avowed communists.
    This is nothing but crimes against the citizens of the United States! No way around it.

    Report Post » Ghandi was a Republican  
  • MandM52
    Posted on August 8, 2011 at 3:27pm

    If anyone had any doubts that Soros is the Antichrist of Revelations, you should no longer have any doubts.

    Report Post » MandM52  
    • Brad Wesselmann
      Posted on August 8, 2011 at 3:36pm

      Just remember, if that is true so is the rest of the story. Be sure to be found “doing the work” because the end is near…maybe. ;-)

      Go Sabres!

      Report Post » Brad Wesselmann  
  • Just in time
    Posted on August 8, 2011 at 3:27pm

    I thought insider trading was illegal. How could he possibly know when to divest?

    Report Post »  
  • Justicecriesout
    Posted on August 8, 2011 at 3:26pm

    Spooky dude at it again..this time we on to you buddy!

    Report Post »  
  • SREGN
    Posted on August 8, 2011 at 3:24pm

    Off with his head.

    Report Post »  
  • wampanoag
    Posted on August 8, 2011 at 3:24pm

    Last week the biggest names in Wall Street were selling all their stocks and going short. They knew of the S&P downgrade. Why does no one in the media asks: WHO IS PAYING S&P FOR its downgrade. It sounds like something Soros would do, doesn’t it.

    Report Post »  
    • MomaGrisley2
      Posted on August 8, 2011 at 4:05pm

      So, this is why the dems fought against the Cut, Cap and Balance Bill even though Moodys and S&P told everyone it was the only plan presented that would prevent downgrade…is there a conspiracy between the dems and one of their biggest contributors to allow him to make billions to fund their election activities? WHY IS THIS BEING INVESTIGATED? LET US KNOW WHO IS BENEFITING FROM THIS INSIDE INFORMATION.

      Report Post »  
  • thegreatcarnac
    Posted on August 8, 2011 at 3:24pm

    People like Soros are leftist because it benefits them financially. Many think that socialism is an anti-wealth dogma. It is for the common man but the leaders of socialism make a fortune. That is why so many uber-rich are socialists. While the masses suffer and scrape for a living the leaders live in luxury. Soros is a monster who is a world parasite. He should be declared the world criminal he is and hunted down and arrested by most of the nations of the earth.

    Report Post »  
    • Brad Wesselmann
      Posted on August 8, 2011 at 3:53pm

      Let’s leave justice to God and not worry about Soros…the “Blessed” will begin to emerge and he can do nothing against them for Faith is their protection and the Truth is their sword.

      Report Post » Brad Wesselmann  
  • kickagrandma
    Posted on August 8, 2011 at 3:21pm

    I so want to be alive to see soros get his. It will be coming in spades. YES!

    Report Post »  
  • Richard Compton
    Posted on August 8, 2011 at 3:19pm

    Soros could be involved, isn’t that the understatement of the century?

    Report Post »  
    • docvet
      Posted on August 8, 2011 at 3:33pm

      Glenn called it! MSM: George who? That sweet generous billionaire? Naw, say it isn’t so! History? What history?

      Report Post »  
    • 8jrts
      Posted on August 8, 2011 at 4:16pm

      @docvet
      Yes Glenn did call it! Glenn played video of Spooky Dude talking about doing just this thing!

      Report Post » 8jrts  
  • mrsmileyface
    Posted on August 8, 2011 at 3:17pm

    This is me acting like im suprised……..

    Report Post » mrsmileyface  

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