Democrats Billionare Money Man George Soros Fined for driving Oil prices to $100

[R.C. Christian]

Soros is a despicable, wealthy elitist who, like D. Rockefellar, seems destined to live forever.

 

[California Girl]

If this action was illegal, then the people at the top at the time of the action, should have their total assets seized and distributed to those whom their actions harmed. A couple of cases like that would inspire some real ethics on Wall Street.

Meanwhile, back in the real world.... where seizing the assets of a private company - no matter how unethical - is against every ideal on which our nation was founded....

Wanna know who's pulling Obama's strings? Meet the puppetmaster.... George Soros.

 

[JiggsCasey]

Yawn.

So typical of con men, who so desperately need an entity to identify and blame for all that ails their paradigm of gluttonous consumption.

That's quite the extrapolation you allude to there, kissie. A Soros entity is ONE of three firms that owns part of ONE of the parties at fault. Must just mean that GS is responsible for the oil price shock of 2008.

Had nothing to do with Saudi's nosediving capacity, nor Iran's, Indonesia's, North Sea's, Mexico's, Russia's and on and on and on. Yeah, oil price volatility is all the fault of that liberal philanthropist. Nevermind the geological or socio-economic data or anything.



Reactionary much? Gain some perspective, and think before posting. Tool.

 

[Old Rocks]

Peak oil is a term that dates back to King Hubert.

King Hubbert : The peak petroleum and gaz

II. The peak of production US.**
1). The peaks of production :
From 1949, he works on the idea of peak of production of the petroleum and the gas (but also metals, coal, and uranium). He finds a mathematical solution of the problem in 1956. Idea is that the natural resources are in limited quantity, and that with their production they will spend sooner or later by a peak of production, then to decline bit by bit. The work of King Hubbert consists in calculating the date of these peaks of production. In contrast all the optimistic approaches of time, he predicts, in 1956, the peak of the production of the petroleum and the gas of United States for 1970. Administration US will not take into account his works, and one recognizes the correctness of its calculations on the peak of production of the petroleum and the gas in United States only in 1973.
2) The peak of production of the petroleum in the United States took place:
Here is King Hubbert's graph about the future of the production of the petroleum and natural gas in United States in 1956.

 

[Charles_Main]

The scum bag has also been moving out of the Market and into Bonds so He can be positioned to make out big when the Market collapses like He knows it will.

 

[KissMy]

Obama funneled US Taxpayers money through Petrobras to pay-off Billionaire George Soros.

Now Obama is now grandstanding to raise taxes on US Citizens.

Go Figure!

 

[FactFinder]

We have record levels of supply.

Oil is still being gouged by hedge funds and large institutional retirement funds. Based on our current supply and demand levels oil should be in the neighborhood of $30.00/bbl.

Yet Congress will not do anything because they are funded by those same interests. The irony is that as long as they are raking the middle class and poor over the coals they are their own worst enemy. The economy will not come back till prices get back in balance. People have no comfort or confidence level and the glutted price of energy is a large contributing factor in that.

We either need deflation to bring the base necessities back to affordabilty for the average person or we need wages to rise to the levels necessary to support mortgages and costs this incredibly high.

In those problems there is noone to blame but the greed mongers of the markets and a collusive government.

 

[uscitizen]

The higher oil prices makes the GDP look better.

 

[JiggsCasey]

We have record levels of supply.

this means absolutely nothing.

we also have record levels of demand.

 

[CountofTuscany]

We have record levels of supply.

Oil is still being gouged by hedge funds and large institutional retirement funds. Based on our current supply and demand levels oil should be in the neighborhood of $30.00/bbl.

Yet Congress will not do anything because they are funded by those same interests. The irony is that as long as they are raking the middle class and poor over the coals they are their own worst enemy. The economy will not come back till prices get back in balance. People have no comfort or confidence level and the glutted price of energy is a large contributing factor in that.

We either need deflation to bring the base necessities back to affordabilty for the average person or we need wages to rise to the levels necessary to support mortgages and costs this incredibly high.

In those problems there is noone to blame but the greed mongers of the markets and a collusive government.

Great points. Oil was the culprit responsible for the recent crash. Yes, there were many risky loans out there and people were living on the edge, but they were still hanging on. Extremely high oil/gas prices broke the bubble. People could no longer survive on the edge and everthing started to come crashing down. It will stay down until prices get in line with earnings.

You can't afford to live let alone save if you are lower class or even most middle class today. Prices on everything have gotten out of line. Until they get back in line, until jobs begin to return, there will be no economic recovery.

 

[daveman]

Funny how when the left talks about eeeevil rich people, they always forget about Soros.

No enemies on the Left.

 

[JiggsCasey]

Funny how when the left talks about eeeevil rich people, they always forget about Soros.

They do? They "forget" him? How so, exactly? Or, if you prefer, how is Soros "evil," in your curious view?

Are you feigning indignant again, like your camp does at every turn?

 

[California Girl]

Funny how when the left talks about eeeevil rich people, they always forget about Soros.

They do? They "forget" him? How so, exactly? Or, if you prefer, how is Soros "evil," in your curious view?

Are you feigning indignant again, like your camp does at every turn?

George Soros collapsed the economy of Britain - for financial gain. Hundreds of thousands of ordinary, hard working Britons lost their homes, their savings, everything - just so he could make money. You may not describe that as evil, but I do.

 

[JiggsCasey]

George Soros collapsed the economy of Britain - for financial gain.

No, he didn't. The economy of Britain did it to itself. He simply bet on it. All England had to do was raise its own interest rates, but it refused.

Hundreds of thousands of ordinary, hard working Britons lost their homes, their savings, everything - just so he could make money. You may not describe that as evil, but I do.

I see... So, short selling and betting against a stock or currency is a noble free market practice, unless of course, some liberal philanthropist is engaging in it. Then it's evil. Noted.

It's interesting that unbridled, free market capitalism is noble for your heroes, but not the ever-rare left-leaning free traders.

I don't like any of that derivatives crap, but you'd better be willing to call all the rest of them "evil" when they all do it. Including Wall St. executives who made out like bandits under Boy King's reign of deregulation, cooked books and SEC impotence.

More situational ethics, FTW!!

 

[KissMy]

Glen Beck & I have exposed the facts that BP & Soros invested in Petrobras before Obama invested over $2 Billion of taxpayer money in Petrobras & banned Gulf oil production in order to drive up BP & Soros investments so they could cash out.

So now that the Obama administration has paid off his friends & is feeling the heat from all this exposure they will be announcing the lifting of the drilling ban in the Gulf soon. Keep an eye on the news & oil prices.

 

[daveman]

Glen Beck & I have exposed the facts that BP & Soros invested in Petrobras before Obama invested over $2 Billion of taxpayer money in Petrobras & banned Gulf oil production in order to drive up BP & Soros investments so they could cash out.

So now that the Obama administration has paid off his friends & is feeling the heat from all this exposure they will be announcing the lifting of the drilling ban in the Gulf soon. Keep an eye on the news & oil prices.

Obama ends deep-water drilling ban