Obama Payback for Soros with YOUR Tax Dollars

[Ravi]

I thought he was an advisor? Well never mind then, I'm totally in dumb mode.

I thought you knew that...now I see why you were concerned.

Funny, I have a feeling that Brazil will now be demonized by the right wing...in fact anyone the US does business with under a Dem administration will become an enemy to them.

It's sad.

 

[Toro]

If Soros was a member of the government, he would not be allowed to actively trade his own account.

But it should be noted that Soros is not as actively involved as he once was. Most of the investment decisions in his firm are made by others. He is more active with his charities.

 

[Meister]

I do this for a living. So yes, in this case, to you it is Lord Toro.

And I retired with what I made in the stock market...."Lord Toro". I did my own home work and made more for myself than any stockbroker's recommendation.

Good for you. I was once a stockbroker but now am an institutional money manager managing several billion dollars. I've done this for nearly two decades and have top tier performance. I am a CFA. I talk to guys you watch on CNBC every morning. Our fixed income desk manages $10 billion and I see the deal flow from corporate bond issues that come across our desk. I have been in meetings with some of the world's best distressed debt managers over the past six months. I eat, sleep and breathe this stuff. I put food on the table for my family doing this, and I have never, ever, seen a two billion dollar loan to a large oil company ever move the stock.

I see your really a big wheel..I guess. Your still working and I'm not...because of the stock market. I have seen a 2 billion dollar loan move prices...in fact a lot less. I never looked at, what was that...CNBC? Like I said...I got the WSJ, Business Dailey, and did my homework. You know that perception is what can move a stock, and if your going to tell me anything different...big wheel, your being disengenuous.
By the way...I never used a money manager either...why pay them when I could do it myself? By the way Toro, you need to get out more, and stop with this chest puffing stuff, it don't cut it, and I'm not intimidated in the least. I know what I know, and it looks like I know more than you on something like this.

 

[concept]

Soros isn't in the Obama administration.

He just owns it.


How anyone could admire a guy like Soros, who loaths this country, is just amazing to me.

 

[sitarro]

He thinks this because George Soros is still a boogeyman to conspiracy theorists. So if he just happens to be one of many who won stock in this company, then it must mean the Prez is paying Soros back for whatever evil deeds he did in the Prez's favor cons believe he's guilty of.

Yes, so its just coincedence that Soros's LARGEST holding gets thrown this bone backed by taxpayer dollars that Obama refuses to allow in the USA.

For one thing, Obama has never "refused to allow" drilling in the U.S. His argument has always been that offshore drilling must be part of an expanded program for energy requirements. If we're going to go back to drill baby drill and nothing else, we're right back to Square One the next time an oil shortage exists. And it WILL happen again.

So, are you saying that if we lease to drilling companies, none of the many other companies that have been working on battery, wind, solar and other energy technologies for decades will continue with their work........... I see.

 

[sitarro]

And I retired with what I made in the stock market...."Lord Toro". I did my own home work and made more for myself than any stockbroker's recommendation.

Good for you. I was once a stockbroker but now am an institutional money manager managing several billion dollars. I've done this for nearly two decades and have top tier performance. I am a CFA. I talk to guys you watch on CNBC every morning. Our fixed income desk manages $10 billion and I see the deal flow from corporate bond issues that come across our desk. I have been in meetings with some of the world's best distressed debt managers over the past six months. I eat, sleep and breathe this stuff. I put food on the table for my family doing this, and I have never, ever, seen a two billion dollar loan to a large oil company ever move the stock.

I see your really a big wheel..I guess. Your still working and I'm not...because of the stock market. I have seen a 2 billion dollar loan move prices...in fact a lot less. I never looked at, what was that...CNBC? Like I said...I got the WSJ, Business Dailey, and did my homework. You know that perception is what can move a stock, and if your going to tell me anything different...big wheel, your being disengenuous.
By the way...I never used a money manager either...why pay them when I could do it myself? By the way Toro, you need to get out more, and stop with this chest puffing stuff, it don't cut it, and I'm not intimidated in the least. I know what I know, and it looks like I know more than you on something like this.

Is toro saying that he is one of the assholes that has taken part in screwing the American public with his paper pushing bullshit. I wonder how much speculating he did to get the oil prices and consequently the gas prices to the record highs of last year, many would blame those actions for the mess the world is in today. Soros is continuing to score billions of dollars on the suffering of poor people toro thinks that he is being charitable to........ I wonder if being that stupid is like being on serious drugs all of the time.

 

[Toro]

I see your really a big wheel..I guess. Your still working and I'm not...because of the stock market. I have seen a 2 billion dollar loan move prices...in fact a lot less. I never looked at, what was that...CNBC? Like I said...I got the WSJ, Business Dailey, and did my homework. You know that perception is what can move a stock, and if your going to tell me anything different...big wheel, your being disengenuous.
By the way...I never used a money manager either...why pay them when I could do it myself? By the way Toro, you need to get out more, and stop with this chest puffing stuff, it don't cut it, and I'm not intimidated in the least. I know what I know, and it looks like I know more than you on something like this.

I am in my early 40s and could stop working if I wanted. I do what I do because I want to and enjoy it.

Perception can move the market, but you have to understand what matters. A $2 billion loan to an oil company with $156 billion on its balance sheet, backed by a large and important country with stakes in the most significant find in over a generation is irrelevant to the stock price.

 

[Toro]

Is toro saying that he is one of the assholes that has taken part in screwing the American public with his paper pushing bullshit. I wonder how much speculating he did to get the oil prices and consequently the gas prices to the record highs of last year, many would blame those actions for the mess the world is in today. Soros is continuing to score billions of dollars on the suffering of poor people toro thinks that he is being charitable to........ I wonder if being that stupid is like being on serious drugs all of the time.

I sold most of my energy and commodities holdings last year. Commodity markets were getting insane.

You are getting totally fucked by the system. But the conservatives and those who wanted the market to get out of the way and deregulate every bloody thing were the ones who set this up. The alter of the idea that markets are everywhere efficient that conservatives worship at is the province of fools.

And get off the drugs.

 

[elvis]

Is toro saying that he is one of the assholes that has taken part in screwing the American public with his paper pushing bullshit. I wonder how much speculating he did to get the oil prices and consequently the gas prices to the record highs of last year, many would blame those actions for the mess the world is in today. Soros is continuing to score billions of dollars on the suffering of poor people toro thinks that he is being charitable to........ I wonder if being that stupid is like being on serious drugs all of the time.

I sold most of my energy and commodities holdings last year. Commodity markets were getting insane.

You are getting totally fucked by the system. But the conservatives and those who wanted the market to get out of the way and deregulate every bloody thing were the ones who set this up. The alter of the idea that markets are everywhere efficient that conservatives worship at is the province of fools.

And get off the drugs.

You will agree, then, that clinton was a conservative?

 

[Toro]

You will agree, then, that clinton was a conservative?

On some things, yes.

Clinton signed the law that deregulated the commodities markets by allowing Wall Street firms to bypass position reporting limits and take increased positions.

Clinton was very good to Wall Street.

 

[Gudrid]

I thought he was an advisor? Well never mind then, I'm totally in dumb mode.

I thought you knew that...now I see why you were concerned.

Funny, I have a feeling that Brazil will now be demonized by the right wing...in fact anyone the US does business with under a Dem administration will become an enemy to them.

It's sad.

Sorry, I probably was being very confusing. I have a tendency to confuse names sometimes. I confused the heck out of some friends talking about Neil Diamond instead of Neil Young. When I do that, just poke me with something and tell me I'm making no sense and I'll figure it out.

I hope they don't start companies that do business in Brazil, as I work for one of those companies. Brazil has been actively pursuing foreign business I believe, and with our desire to get a piece of the pie worldwide when it comes to oil, the loan itself seems pretty much to be expected.

Toro - I didn't realize that members of government couldn't trade stocks. That seems like a wise rule.

 

[EriktheRed]

Soros isn't in the Obama administration.

He just owns it.

Yeah, you're on top of it, aren't you.


Secret Meeting in the Heart of Blue America

 

[Toro]

Toro - I didn't realize that members of government couldn't trade stocks. That seems like a wise rule.

Well, they can trade some stocks but they cannot trade in stocks in which they have influence, or at least they are not supposed to. Dick Cheney was not allowed to trade in Halliburton stock for example. His profits in the stock went to charity.

 

[Ravi]

Soros isn't in the Obama administration.

He just owns it.


How anyone could admire a guy like Soros, who loaths this country, is just amazing to me.

I didn't realize Soros loathed the country. What has he done that makes you say that?

 

[sitarro]

Soros isn't in the Obama administration.

He just owns it.


How anyone could admire a guy like Soros, who loaths this country, is just amazing to me.

I didn't realize Soros loathed the country. What has he done that makes you say that?

He came up with most of the 730,000 dollars to buy Obammy's seat in the Oval Office, if that doesn't show he hates America, nothing does. He is also making billions off of the suffering of everyone in this recession, that may make him a hero to socialist loving Democreeps but it makes him a lousy pile of shit to me.

 

[theDoctorisIn]

He just owns it.


How anyone could admire a guy like Soros, who loaths this country, is just amazing to me.

I didn't realize Soros loathed the country. What has he done that makes you say that?

He came up with most of the 730,000 dollars to buy Obammy's seat in the Oval Office, if that doesn't show he hates America, nothing does.

Are you really that ignorant, to assume that anyone who has different opinions than you hates America? Isn't this the rhetoric that the people finally got sick of, at the end of Bush's term, in part leading to the complete victory for Dems in 2006 and 2008?

He is also making billions off of the suffering of everyone in this recession, that may make him a hero to socialist loving Democreeps but it makes him a lousy pile of shit to me.

That sounds like class warfare to me - blaming a man for making a profit.

 

[Meister]

I didn't realize Soros loathed the country. What has he done that makes you say that?

He came up with most of the 730,000 dollars to buy Obammy's seat in the Oval Office, if that doesn't show he hates America, nothing does.

Are you really that ignorant, to assume that anyone who has different opinions than you hates America? Isn't this the rhetoric that the people finally got sick of, at the end of Bush's term, in part leading to the complete victory for Dems in 2006 and 2008?

He is also making billions off of the suffering of everyone in this recession, that may make him a hero to socialist loving Democreeps but it makes him a lousy pile of shit to me.

That sounds like class warfare to me - blaming a man for making a profit.

Well Soros did have enough money to short the British Pound, and drive it down. There were a lot of people that suffered because of it. Just sayin....

 

[theDoctorisIn]

He came up with most of the 730,000 dollars to buy Obammy's seat in the Oval Office, if that doesn't show he hates America, nothing does.

Are you really that ignorant, to assume that anyone who has different opinions than you hates America? Isn't this the rhetoric that the people finally got sick of, at the end of Bush's term, in part leading to the complete victory for Dems in 2006 and 2008?

He is also making billions off of the suffering of everyone in this recession, that may make him a hero to socialist loving Democreeps but it makes him a lousy pile of shit to me.

That sounds like class warfare to me - blaming a man for making a profit.

Well Soros did have enough money to short the British Pound, and drive it down. There were a lot of people that suffered because of it. Just sayin....

That is true. I make no claims to agreeing with everything that Soros has done. But he's not the devil incarnate, he doesn't own congress, and he's not the bogeyman, anymore than Karl Rove or Dick Cheney, or Armitage, or anyone. There is no such thing as the bogeyman.

 

[Ravi]

He just owns it.


How anyone could admire a guy like Soros, who loaths this country, is just amazing to me.

I didn't realize Soros loathed the country. What has he done that makes you say that?

He came up with most of the 730,000 dollars to buy Obammy's seat in the Oval Office, if that doesn't show he hates America, nothing does. He is also making billions off of the suffering of everyone in this recession, that may make him a hero to socialist loving Democreeps but it makes him a lousy pile of shit to me.

No offense, but this sounds like conspiracy theory stuff. You've obviously got to much hate in your body to make a rational statement.

 

[Newby]

one of many who won stock in this company

How did they win it? And how many won, and how come we didn't get to play for it?

But seriously, isn't Brazil the model for getting off oil? They have that "great" sugar beet to ethanol program!

Why are we giving them 2 BILLION dollars when we have starving people in America?

It's a loan. We aren't giving them any money.

The Tupi field offshore of Brazil is the largest find in a generation. It is massive. I'm not sure why the US government has a mandate to lend to large energy companies that can easily tap the credit markets, but if you are going to make a loan for an energy project in the third world, there aren't many better.

No one said that we were 'giving' them the money. Did you read any prior posts at all?

I find it hilarious that Obama supporters will come in here and turn themselves inside out defending this. Maggie stating that Obama was never against drilling off of our own shores is complete bullshit. How anyone can reason that a man who has talked the tough environmentalist talk throughout his whole campaign, condemning oil profits and threatening to shut down the American coal industry, is now suddenly on board with helping out a foreign oil company is beyond me. If he's all about helping out a Brazillian oil company then now should be the time for American oil companies should be petitioning for the ability to drill off of our own waters.