> Obama Regime Report < Obama Regime Report: Is 'man who broke the Bank of England' George Soros at centre of hedge funds betting against crisis-hit euro?

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Saturday, February 27, 2010

Is 'man who broke the Bank of England' George Soros at centre of hedge funds betting against crisis-hit euro?

It sure would be nice if this man finally got what's coming to him, for all his gaining of  ill gotten wealth,  betting against the Bank Of England, the Dollar and Euro as they climb and fall as he has over his days in the spotlight as chief democratic billionaire fundraiser over the past decade.

A man who hates America as she, wiishes to see her power diminished among world nations and wields far far too much influence over this dem led US government, something of which should scare the bejeezus out of  all freedom loving men and women. Instead the liberals hate Dick Cheney and George Bush among other America loving and defending patriots. (there's that 'liberalism is a mental disorder' thing again rearing it's ugly head.)

Here he is pictured giving the secret Clinton Handshake used amongst the liberal crowd that also doubles as a salute to Obama signifying "the big O"/  And he's pulling Obama's strings as his lead puppeteering  America hater In Chief.

 Talk about Dr Evil.......this man makes patriot and former VP Dick Cheney who liberals have a psychotic hatred for look like former Child Television man Ray Rayner...
 Mail Online:  "The man who broke the Bank of England in 1992 is said to be at the centre of a plot to cash in on the demise of the euro.

George Soros's investment business Soros Fund Management is among a group of heavyweight Wall Street hedge funds which have launched a series of massive bets against the euro.

The bets came after an all-star 'ideas dinner' in New York where some of the world's most powerful currency speculators argued that the euro will plunge to parity with the U.S. dollar.

The single currency has been under enormous pressure because of Greece's debt crisis, plus financial worries in Portugal, Italy, Spain and Ireland.

The euro traded at $1.51 in December, but has since fallen to $1.34.

Traders are borrowing 20 times the size of their bet, boosting their potential gains and losses so that a euro move to parity with the U.S. dollar could represent a 'career' trade.

If investors put up $5million to make a $100million trade, a five per cent price move in the right direction doubles their initial investment." more


The urge to save humanity is always a false front for the urge to rule it. H. L. Mencken

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