Talking of the wave of governments being challenged in North Africa and the Middle East, Mr Soros said: “What has caused the revolutions is a revulsion against a corruption that is fed by the misuse of natural resources like for instance in Libya. “Transparency and even more importantly accountability in the use of natural resources is what you need for people living in those countries to get the benefit of those national resources. “Libya produced enormous wealth which Gaddafi took as his own and now the people rebelled against it.” Asked whether there should be more transparency with what happened to oil incomes, Mr Soros said: “Very much so.” And he said the US and Europe needed to more actively support the revolutions in Libya and elsewhere so that the new regimes will co-operate with the West. [BBC]
George Soros
Apparently it’s now “in the hands of the Republican Party,” which will prove negative for the economy. Continue reading »
“I’m 44 years old, my plan is to be a billionaire by 50, which these days, that’s very doable,” the actor, recovering drug addict and born again Christian who filed for bankruptcy last year told Daily Intel‘s Chris Rovzar. “And once I achieve that goal, my plan would be to be the George Soros for Jesus.”
Don’t say no, just say maybe. Continue reading »
Last night on his show, Glenn Beck shared some “scary” “secrets” about George Soros. Though Beck did not do the entire thing with the lights off and a flashlight under his chin, he might as well have. That’s how pants-pissingly scary it was. For instance– did you know Soros is just a stage name? Jorge was really born “George Schwartz.” And that’s not all. Continue reading »
Today the Journal‘s Marketbeat blog brings us the news and the ensuing visual that “after a bit of buying on Oct. 21, [Soros Fund Management] reported a 1.3 million share, or 5.1%, stake in The Female Health Co., a manufacturer of female condoms.” Continue reading »
“If I had to sum it up in one word, I would say: ‘blah.’ It may slip into double-dip (recession) or it may not, but it is going to slow down. There is no question in my mind because the stimulus is running out, and there is great resistance to any further stimulus.” [Reuters]
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