Good grief, I actually agree with “uber liberal” George Soros
Posted by Mike Sylvester - 10/24/09 @ 5:47 pm - Filed Under National Politics
It is hard to beleive that I agree with George Soros on anything.
That being said, I agree with everything he said in a recent interview with the Financial Times.
I opposed the entire TARP plan in the first place. I blogged about it extensively last year.
It is 100% absurd how much money these bailed out insitutions are paying out to their executives.
Congress should be embarrassed…
A backlash against the Demcoratic Congress is building slowly but surely…
Mike Sylvester
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6 Responses to “Good grief, I actually agree with “uber liberal” George Soros”
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TARP may or may not prove to be a bad decision, but let’s not lay it on the “Democratic Congress”. The $700 billion TARP structure was pushed by the Bush administration and was passed in October 2008 by the Senate (74-25) and House (263-171) with broad bi-partisan support. Even uber-conservative Souder voted for it, along with Lugar and McCain. This has fingerprints from both parties all over it.
Z-man is right - this was bipartisan idiocy…
ZMan,
Of course the Republicans have a lot of blame in this.
The leadership of both parties, both Presidential candidates, and the Republican President of the US supported TARP.
About 2/3 of Dems and 1/3 of Reps voted for the bill…
When the Dems passed TARP they promised transparency, oversight, etc. None of those happened…
There will be a backlash against the Democrats in Congress because they are the majority…
Mike
Jeff,
Sure both Parties were involved. That being said the Dems have the Presidency and strong majorities in both Houses of COngress currently.
As the program unravels they will take the blame and backlash…
Mike
Zman,
Mark Souder is a big Government Republican. He is not “uber conservative.”
Congressman Souder IS a strong social conservative. He is not a fiscal conservative…
Mike
Beware of the wolf in….well, in Soros’ case, wolf’s clothing.
Sure, he will tell you that the TARP bill was bad, but that would not prevent him from advising all the “uber-dems” in his back pocket to vote for it anyway. He knew that the outcome would be bad, but I do believe that he almost has us just where he wants us.
The man has made billions using the free-market system and playing in the unregulated hedge fund market ($9 bill he made last year alone), and is now creating an entity that will “study” the current financial system and find the “flaws”. Eventually his “think-tank” hopes to prove that the free market system is too flawed to continue the way it has, and will make “suggestions” on how to regulate it. Barney Frank is already making statements pertaining to this.