George Soros, Barak Obama And Fiscal Responsibility

Pure Evil

Just Print More Money?

Sometimes what to write about these days presents a challenge since so much lunacy seems to reign supreme. Today was like a smorgasbord as I read through the under the radar headlines and decided to write about someone I consider pure evil personified. That would be George Soros who has been in the news quite a bit lately. He just contributed 10 million dollars in the effort to silence Joe Arapaio and the results of an extensive investigation conducted concerning the birth of Barak Obama. That would be what is termed "The Cold Case Posse." The sheriff is about to release more of his findings so stay tuned even though our Congress is frozen in fear and chooses to ignore the obvious. That is an entirely different subject but Soros' actions indicate that Arapaio is close to the truth, if not absolutely accurate, about the fraud that has been committed by Obama.

The next thing that caught my eye was that on April 16th, in Denmark, Soros opened up a real can of worms but I do understand how the man thinks. He is the same George Soros who broke the Bank of England and wrecked havoc on the economy of Hungary. His roots lie in Hungary. Soros is also one of the world's renowned progressives and is believed to be the puppetmaster behind Obama. I am beginning to believe that to be true by researching his ties to the President, his beliefs about monetary systems and economics and Obama's propensity to want to just print and spend more money that we don't have. That last part is the heart of this article. For some fascinating reading just Google "Soros Obama."

Soros is heavily financially involved in Media Matters which has also been in the news of late as the propaganda machine for the Obama White House and the Main (Lame) Stream Media. You know the news agencies who never report, just spin the truth into something it is not. So lets go back to April 16th in Denmark and see what Soros said and do a bit of analysis and then see if Obama's actions don't mirror Soros' thoughts. Most of us know better but the Progressives do have their agenda which centers on the control of the people. In this case that would be "We, the People..."

People need to pay attention to what is occurring in Europe because we have one foot in the grave of financial disaster and one on the banana peel. So here was Soros speaking at an event hosted by Denmark's finance minister and this is exactly what he uttered:

"A sovereign that can print money can't default, will never default."

Now I'd have to say that Soros knows better but he is still intent of exercising his progressive agenda. History itself points to the preposterous nature of such a statement. But Soros wants to make history, not examine it. His history isn't the most savory to view though he does seem to have a bit more of one than Barak Obama does. Have you noticed how Obama immediately undertook the wildest spending spree this nation has ever witnessed in our history when he took office? Plug all of this in to what Soros said in Denmark then think about it.

Just Print More! No Problem?

Soros was denigrating Europe's austerity measures that day because he believes the following which he also said that day:

“You can grow out of excessive debt, you cannot shrink out of excessive debts.”

Many of us in this nation who run fiscally responsible households know the fallacy of that statement. How does one grow out of it when you keep creating more debt in an attempt to pay off the existing debt? The reality of our situation, and Europe's for that matter, is that the very reason we are looking at an ever burgeoning national debt is because our federal governments spent more, printed more ( read: borrowed) and don't want to break their cycle of spending. Now in Europe's case they have to reign in that spending.

This whole meeting gave Soros a platform to take a shot at those who advocate "balanced budgets," either here or abroad. He attributes slow economic growth to the policies that Europe is now having to put in place. He seems to think that it is counterproductive. Or maybe his agenda is a bit more hidden. He's the one who publicly proclaimed that he "wants to take the United States down a notch." Now go back and reflect on the actions of Obama since he has assumed an office he isn't experienced enough to occupy.

So When Our Dollar Equals This What Is Being Printed?

An examination of Standard & Poors data also refutes Soros' statement about sovereigns. Their date shows that between 1975 and 2002 there were 84 defaults of sovereign states. So those states which possess the ability to have a fiat currency (one you can just print) aren't exempt from going belly up into default, despite what Soros thinks. He's been known to bankrupt nations, not save them from economic disaster. Keep in mind Soros has made his fortune hedging his bets.

Interesting that what Soros' prescription for curing Europe's ills centers around monetizing the debt of those countries. Monetizing involves a country buying its own debt and we have been doing that under the radar for a while now. That may be the primary reason that there is so much resistance to auditing the Federal Reserve. No one seems to really want to know the mess that has been created by the very existence of that body of thieves. So again reflect on Obama's policy of trying the spend our way out of the hole they themselves have created for us. Similar to looking in George Soros' economic mirror, don't you think?

Back to history and Soros ignoring it. I've heard people say it before, "It will never happen again" but it very well could with Soros and his minions at the helm. Monetizing results in inflation - hyper inflation - and Germany itself is allergic to the concept. The Wiemar, back when, went through it and they were also a sovereign. That gave rise to the creation of the Nazi's and World War II. World War II resulted in the death of 50 million (+) people. Fascism is about controlling the people or do you fail to recognize that?

What Soros had to say about inflation that day makes no sense either. Here you go:

“Maybe the currency will lose its value — or some part of its value, but they can always print the money that’s necessary to repay their debts.”

That is exactly the tactic that the Weimar Republic embraced prior to the stuff hitting the fan in Europe. Soros seems to be advocating more of the same. Inflation in our nation is being camouflaged by not including fuel, food and some iof the necessities of life in the Consumer Price Index. Most of us have been to the gas station and grocery store recently. We're letting our federal bureaucracy pull a gigantic smoke and mirrors routine on us.

So what is preferable? The devastation of currencies, ours among them, or the necessary actions that will cause nation's not to default or instituting sound fiscal policy. Those seem to be the options. Now I'm sure Soros would rather face inflation, hyper if necessary, over default or sound fiscal policy. Why do I think that? George Soros has made his billions trading currencies. That is what he does to earn his living and wreck havoc on whole economies.

So now connect the dots.

Governments do not expand the private sector and the job market. That is always left up to the private sector itself. Or maybe I should say - it should be. Printing more money has never been the answer for that. No one has ever spent their way out of debt. To do that will eventually result in default and bankruptcy.

Remember In November!

As Always,

The Frog Prince



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Comments 27 comments

tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

Don't you find SoroS an interesting name? The Soros' family changed their name from Schwartz to Soros in 1936, in response to growing anti-semitism with the rise of fascism. Soros' father Tivadar liked the new name because it is a palindrome and because of its meaning. Although the specific meaning is left unstated in Kaufman's biography, in Hungarian, soros means "next in line", or "designated successor"; and, in Esperanto, it means "will soar". No doubt this contributed to George's delusions of grandeur. He and Obama have that in common.


handymanbill profile image

handymanbill 4 years ago from western pennsylvania

I agree with what you have to say. You can't keep printing money to "Pay your way out of debt. But my problem is I don't care for any of the people who are running. Just can't decide.


Wesman Todd Shaw profile image

Wesman Todd Shaw 4 years ago from Kaufman, Texas

Yesterday evening I was next door watching Yu Darvish silence the NY Yankees and my mom was in her chair, dad in his....mom is reading emails on her new apple phone thingo, and she is reading one from one of the elders at the church...retired elder, a very old and very nice man.

....the email is about someone she's never heard of, so she asks me,

"Who is George Soros?"

I find it amazing that the global minor oligarchs that I was screaming about five and six years ago...all of a sudden, folks like my Mother are finding out about them.

I answered something like, "He's a Jewish David Rockefeller - a total illuminati piece of filth, Rupert Murdoch times ten."


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

handymanbill - I understand but I also understand that Obama needs to be sent back to wherever he really came from.

The Frog


anonymous 4 years ago

Who let Soros loose? He looks a little scary! It doesn't surprise me hearing all this "good" news on this guy. Americans do need to pay attention to what is happening across the world, it is not far from home.


breakfastpop profile image

breakfastpop 4 years ago

Great hub. I hope someone out there who never heard of Soros now knows the score. I have always thought of him as the puppeteer pulling Obama's strings. Up useful and awesome.


tom hellert profile image

tom hellert 4 years ago from home

Soros, has a reservation...in Hell-I cant wit for the lefty bonheads to come by with "the Koch brothers are just as bad...NOT- great job frogie

TH


partisan patriot 4 years ago

Froggy

Soros is indeed the anti Christ and Obama is his Peter….thou are Barrack and upon this rock I will build my church of Anarchy!!!


Pamela99 profile image

Pamela99 4 years ago from United States

Very interesting hub. I always knew Soros was a dangerous man. If I recall correctly, Soros went down to Brazil and bought a lot of property or otherwise invested in their new quest for drilling oil off their coast. Then, Obama went there and backed up Brazil also saying we would buy all their oil because after all he has stopped any effort to help make America more independent. The oil pipe line is a not brainer and he still standing in the way of progress. Good hub!


WillStarr profile image

WillStarr 4 years ago from Phoenix, Arizona

The same left who complain long and loud about the pro-American Koch brothers are silent about the anti-American, George Soros.


sholland10 profile image

sholland10 4 years ago from Southwest Missouri

He is an evil man who pulls too many strings here and abroad. What gets me is his arrogance, and how he looks down on the masses. Great hub! Votes and shares!


Alastar Packer profile image

Alastar Packer 4 years ago from North Carolina

This was most interesting Frog. Been hearing alot about Soros last couple of years and some of it tallies with what you've written here. And its good to see you bring up Wiemar and fascism. Many of us have heard the Wiemar Republic story of a wheelbarrow full of money left out front a shop and the owner finding the wheelbarrow stolen and the money left on the ground. Appreciate the info and breakdown Frog, something sure smells rotten in Denmark as elsewhere for that matter.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

Wesman - He is the man behind the curtain.

anonymous - Obama was bought into office the last time. This time he is using our money.

BPOP - You think because you read a lot. More people should try it.

tom - Since this is about Soros I wouldn't recommend it.

Pamela - You're talking about Petrobus which strangely Soros invested in prior to Obama going down and telling Brazil "We (the US) want to become their best customer.

sholland - Connect the dots with the "arrogance." See any similarities?


Mutantone 4 years ago

I for one could never forgive nor forget a traitor to his own people the Jews by working with the Nazis to round them up and steal their riches he is the worst kind of person imaginable so he and Obama should get along just fine, Obama selling out his nation Soros selling out his own people


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

Mutantone - I didn't mention Soros being a Nazi collaborator but that is also a known fact.


Dakota 4 years ago

Soro's not much to say about the man. Someday he will pay for trying to destroy all the countries he has. the man is just plainly greedy and evil. Soro's would love to see us keep printing money then we could end up being like the Weimar republic, that sure didn't work out well for them did it. printing money saves noone


sholland10 profile image

sholland10 4 years ago from Southwest Missouri

Yes I do, and it seems to grow each time Soros puts more money in his pocket...


wba108@yahoo.com profile image

wba108@yahoo.com 4 years ago from upstate, NY

Soros is a real peach, printing money to pay debts is outright theft of the American taxpayer because the resulting inflation devalues our hard earned cash in order to pay government debts! This is really a convenient way to finance spending without voting to!


Stu 4 years ago

Hi Frog,

I think a big problem is that the Federal Reserve is too politicized. It's proclivity to print money to attain short term stimulus is a dicey strategy that ultimately leaves with an excessive money supply causing inflationary pressure. Issuing debt to foreign nations to raise cash to pump into banks not only increases the national debt, but may not even achieve any stimulus. The problems with both forms of QE is that if demand is weak, there are few borrowers. And if the economy is weak, lenders may buy good securities on the secondary market at depressed prices, rather than making new loans. As the Federal Reserve likes to say, "you can't push on a string."

Although simplistic, I think the Federal Reserve's activities should be scaled back to simply maintaining the integrity of our money supply, and it should get out of the business of trying to "buy time" for Congress by using the printing press to allow our lawmakers to push fiscal reform down the road.

(1) The Federal Reserve's primary job is to maintain a stable value for the dollar. Commercial banks are required to maintain a 10% reserve ratio (cash deposits at the Federal Reserve). This means that for every dollar deposited, the banks can lend 90 cents. The 90 cents ultimately comes back in deposits, and the banks can then lend 81 cents (.90 X .90). Without proof, I'll simply state that $1 of cash created by the Federal Reserve, and then subject to fractional reserve banking, creates an ultimate $9 of money supply via the "recycling effect" just mentioned. In a $15 trillion economy, to maintain a stable value for the dollar, the Federal Reserve can only circulate a total of $15 trillion / 9, or $1.6 trillion. IN 2010 ALONE, THEY PRINTED ALMOST TWICE THIS AMOUNT TO PUMP UP THE ECONOMY, AND THIS EXCLUDES THE CASH THEY ARE ALREADY PRINTED AND CIRCULATED BEFOREHAND. Can anyone say "hyperinflation" once the economy tightens up?

(2) The Federal Reserve should ensure that short term interest rates are not so low that they encourage debt fueled asset speculation, that leads to bubbles and bursts. The 2008 housing collapse is a great example of the massive harm this can cause. Greenspan and Bernanke are both guilty of this massive folly.

My opinion is that if the Federal Reserve did (1) and (2) above, and nothing else, we would have a stable dollar and an absence of speculative hard asset bubbles, and we would exert greater pressure on Congress to roll up their sleeves and address the debt crisis in earnest (because the Federal Reserve isn't buying them any more temporary reprieves by soaking up treasuries with excess printing of fiat money).

To quote the Frog Prince, just sayin. :)

Stu


cattleships profile image

cattleships 4 years ago from Blairsville, GA

Stu: Have you ever heard of Keynesian economics? It's the opposite of free market economics. John Maynard Keynes developed an economic system based on government economic control of a nation. It's what the communists, our American government, and the george soros minions (read: banking cartel) have used to steal the wealth of America; just as he stole the value of the English Pound and the wealth of the nation of Hungary. George soros learned well the Rothschild formula and the political ideologists (read: totalitarians) feed off soros' greed and commercial immorality.

Frog: Great Hub!!!


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

cattleships - Thanks for weighing in. In fact, Obama's economic advisers were Keynesian economists. Obama doesn't have a very good working knowledge of economics other than what has been fed into his head. The federal government needs to control it all. Soros is the supreme opportunist. He rolled Hungary over and caused the Bank of England to go to the edge. He is intent on doing just that here in our country. He now has his puppet in office.

The Frog


halfcord profile image

halfcord 4 years ago

Seems pretty black and white to everybody except the guy that will eventually get ALL of the evidence. Eric-the Holdout! He'll sit on it till December.

You're dead on Frog. Soros would never kick out that kinda money unless he was afraid his puppet was about to get his strings cut! And guess who is sharpening his knife in Arizona?


Ghost32 4 years ago

Partisan Patriot: "Soros is indeed the AntiChrist and Obama is his Peter...!"

Am I the only one falling outa my chair laughing at that one?

Hey, gallows humor. Gotta go with it.

Be that as it may, Soros may not simply mean "to soar" or any of those other warm-fuzzy things. It COULD be an an acronym:

S.O.R.O.S.: Socialist Obama Removes Our Sovereignty.

One little problem with that, though. It's called REMEMBER IN NOVEMBER!


tom hellert profile image

tom hellert 4 years ago from home

i just thought Soros trying to destroy capitalism, Obama is destroying capitalism. So is soros jealous of obama?

we know obama should hate Soros as one of the 99%er so- i am not sure why they are so close .. oh wait i do - they are both radical social reorganiers/destroyers

TH


FitnezzJim profile image

FitnezzJim 4 years ago from Fredericksburg, Virginia

Good article, Frog Prince, and appreciate your response to MutantOne. When I first learned of Soros roots, the first thought that came to mind was 'how did he get his first stake anyway?' Well, actually that was the second thought, the first was a rhyme I learned as a child, but that's a story in itself.

... georgie porgie ...


GusTheRedneck profile image

GusTheRedneck 4 years ago from USA

Froggie - Soros does not have much to worry about money these days. I wish, though, that he's do a little sweating over how it is being used by folks to whom he gives lots of it.

Gus :-)))


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

Gus - They do his bidding. Which isn't usually very savory.

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