Putting a Face on What's Wrong With the Markets

All you who are angry at AIG employees for their bonuses, here's someone else you might want to take issue with.

George Soros, who has made $2.9 billion betting against mostly American stocks and the U.S. dollar just in the past couple of years.

But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion.

And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year.

'It is, in a way, the culminating point of my life’s work,' he told national newspaper The Australian.

Soros is one of 25, top hedge fund managers from across Wall Street who have defied the credit crunch crisis to reap a total of $11.6billion (£7.9bn) last year.

The managers made their profit by trading above the pain in the markets

...Above the pain?

That's just another way of saying that Soros and his evil imitators are not feeling your pain, and they probably never will. These are people who are smart enough to bet against everyone else's prosperity.

Now you may ask, Mr. Oklahomilist, aren't you in favor of capitalism and making money?

Damn straight, I am. But these men are not capitalists. They are gamblers who game the economic systems of the world and they do not "make" money so much as they steal it from all the people, large, small and in-between, who bust their humps day in and day out to try to eke out a living.

Then you take someone like Soros who is all in favor of riches for himself but thinks that the rest of us ought to live in the workers' utopia of world socialism, who spends fortunes on establishing and funding NGO's (non-governmental organizations) that actively work against constitutional principles, and you have to ask yourself: what is his motivation?

Is it power? Does he see himself as the man behind a future one-world government who pulls the strings on the major players?

Is it sadism? Does he enjoy stripping wealth away from those who invest their hard-earned retirement savings by hood-winking portfolio managers who thought they were smart enough to bet against him?

Is it hatred? Is it love?

Well, frankly, my dears, I don't give a damn. There is a special place in Hell reserved for Mr. Soros unless he repents of his evil ways and finds a way to make restitution. I know that I should pray for his conversion, and so I will, reluctantly.

But I ain't holding my breath.