It’s all about the money

George Soros got involved in politics a while back, in the 1990s’s at the latest. He made over $1,000,000,000 (that’s a billion) in finagling with the British pound. As an observer said: “I’ve learned many things from him, but perhaps the most significant is that it’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.” (Some details about the British pound crisis here.)

Thus it is with some amusement that we watch the anti-Trump antics of Soros, including those that favored his GOP competitors. Maybe there’s an element of ideology involved, but puh-leeze. (Full disclosure: we may have met the guy 30 years ago when bidding on a company with Soros Private Equity, but we don’t exactly remember.) In our view, the guy is about making money, and politics plays a major role in going long and short currencies and stock markets.

It’s much easier to create riots and such than on the Left than on the right, so that’s where you’d spend a few bucks to create turmoil in society and markets. What he goes long on and what he goes short on is highly correlated to this, if the manipulating of the British pound is any example. So the violent fools in their hoodies rioting at Berkeley and NYU are fools way beyond their capacity to understand: they are tools to make a rich guy richer.

3 Responses to “It’s all about the money”

  1. Bosun Says:

    Lenin got it right: “Useful IDIOTS”, it seems in more than one way.

  2. Roy Lofquist Says:

    This puts me in mind of Armand Hammer, a billionaire oil mogul who got rich doing business in the Soviet Union. There have been multiple allegations that Hammer was an agent for the Soviets.

    Soros is supposedly a genius currency trader with uncanny abilities. Either that or he was getting inside information from a major government.

    Bosun has the right of it – it all starts with Lenin

  3. feeblemind Says:

    What to Do About George Soros?

    From the article:
    Bill O’Reilly has exposed Soros’ vast and clandestine network tasked with subverting the U.S., pointing out that the flow of Soros money, in the range of hundreds of millions of dollars, has corrupted the Democratic Party, elements in the Republican Party, millennial and celebrity culture, and the media almost in toto. He is, as Matthew Vadum shows, “the ‘Number One Funder’ of the domestic terrorism that is part and parcel of the Left.”

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