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George Soros On The Economy: “President Obama Has Lost Control”

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In an interview set to air this weekend, George Soros accuses President Obama of “losing control” and letting Republicans set the agenda on the economy. Talking to CNN’s Fareed Zakaria, the billionaire investor says “President Obama has lost control of the agenda. The agenda is now in the hands of the Republican Party.”

Soros says the president’s failure to control the economic agenda will have a negative impact on the recovery, accusing Republicans of mixing economic and ideological priorities at the expense of the economy:

They are going to pursue a very strong effort to cut services by refusing to have any tax increases. I think this agenda will be successful. But it will be pursued, I think, to — to an extent where it’s more directed at cutting services and achieving the ideological purposes of the Republicans rather than to get the economy going. So I — I think this will have a negative effect on the economy.

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  • perceptorii

    HALLELUJAH!

  • errxn

    RIIIIIIIGHT. This is like the fox telling the farmer how to run the henhouse.

  • Moderate

    “Soros says the president’s failure to control the economic agenda will have a negative impact on the recovery,”

    Some should tell Soros that the House of Representative control the purse strings. The voting public rejected Obama’s agenda in the last election.

  • Helix

    Don’t blame the puppet for the puppeteer’s mistakes.

  • TeaPartyPatriot

    Darth Vadar speaks – was this translated from his usual Third-Reich German?

  • writer

    Like the Pointer Sisters, he may have lost control, but he likes it.

  • http://www.facebook.com/people/Chris-Jones/1384303476 Chris Jones

    What he meant to say was “I’ve lost control of Obama.”

  • nice_thought

    Glenn Beck’s blackboard is going to explode in disbelief.

  • Rusty Shackelford

    Ya Her Soros….once again you are correct.

  • The Dweller Ysul

    Rusty Shackelford said:
    Ya Her Soros

    You’re incredibly stupid, aren’t you?

  • Black and Gold Brad

    One could argue that Obama has had total control of the “economic agenda” — he called it the Stimulis, ObamaCare, and Wall Street “Reform”.

    Problem is that none of Obama’s economic agenda actually produces results other than insane levels of debt.

  • dummy123

    Pull the string!! Pull the string!!
    http://www.youtube.com/watch?v=L7Dw60SVXQ4

  • Yoda002

    If Soros was that powerful he would’ve created something similar to the Tea Party. I bet this is just more material for Beck’s chalkboard full of conspiracies.

  • Jackyboy

    Did he ever have control?

  • Annie Oakley

    If you believe that Obama didn’t know in advance what Soros was going to say, then I’ve got a bridge to sell you in Brooklyn.

    Soros has to be one of the greatest chess players in history- he plays a very long and deep game with ramifications far beyond what I can imagine. Did you think, as I did, that Soros only started backing Obama after careful consideration of both his and Hillary’s campaigns? Not. Apparently, he and his family gave Obama about $60,000 (under the millionaire’s exception) in Obama’s primary and then election run for the Illinois senate seat. Soros likes to invest in things that pay off- and he picked a hot one with Obama.

    So, my question for the group is this…what markets will be affected by Soros’ comments? Is he betting against the dollar? With the IMF’s recent statement, chaos in the Middle East and the oil market, the spike in gold prices, what is Soros’ play that is provoking this pronouncement at THIS PARTICULAR TIME?

  • ChiliPeppersFan

    Annie Oakley said:
    Soros likes to invest in things that pay off- and he picked a hot one with Obama.

    kinda like china did when they funneled money through the chamber of commerce this past election.

  • ChiliPeppersFan

    ChiliPeppersFan said:
    kinda like china did when they funneled money through the chamber of commerce this past election.

    sorry…allegedly.

  • http://gordonbloyershow.com gordonbloyershow

    Soros is a total whack job.

  • Jackie_Treehorn

    Heil Soros!!! We are here to do your bidding master.

  • http://gordonbloyershow.com gordonbloyershow

    Yoda002 said:
    If Soros was that powerful he would’ve created something similar to the Tea Party. I bet this is just more material for Beck’s chalkboard full of conspiracies.

    You are should have listened to Beck. Here is another prediction that is coming true.

    Military to secure Qaradawi’s access to Tahrir Square
    Banned Qaradawi returns to lead Friday prayers in Egypt
    Thursday, 17 February 2011

    For the first time since he was banned from leading weekly friday prayers in Egypt 30 years ago, prominent Muslim scholar Yusuf al-Qaradawi will lead thousands in the weekly prayers from Cairo’s Tahrir Square on Friday.

    Sources told Al Arabiya that a military force will accompany the head of the International Union of Muslim Scholars from his home to Tahrir Square, provide security for the prayers and accompany him back to his residence.
    Al-Qaradawi last delivered a Friday prayer sermon in Egypt in 1981 after the assassination of former President Anwar el-Sadat.

    Other prominent Muslim scholars were also banned from delivering the Friday sermon, such as Abd al-Hamid Kishk, Sheikh Mohammed al-Ghazali, and Sheikh Ahmed El-Mahallawi.

  • Joe Astroturf

    Even Soros (God until old age drops the socialist and sends him to hell with Jeremiah Wright from catching Legionnaires’ disease from hiding in the Lincoln Bedroom to not make Obama look bad) has no where else to go. He’ll never have another friend like Obama let him make all the money they’ve cooked up to make in Brazil and their oil deals.

    Please Check out song called teapartiers I can’t hear you at http://www.youtube.com/watch?v=cJfboOindCo

    Here’s a verse

    Doctors are retiring earlier but we’re getting 17000 new IRS
    This is how Obama creates health care jobs I guess
    For 234 years this country’s been God’s blessing.
    Now he’s following Cloward and Piven’s to bankrupt the country I’m guessing
    If Obamacare gives Grandma and Grandpa a scare
    Think how when their rationed and die earlier we’ll save on healthcare

    Hey guys if you fought at Iwo or the Chosen
    when they stop giving your wife her meds and her last breath comes over her face
    you’ll find comfort knowing Nancy’d gladly take her place.

  • greg454

    Glenn Beck is being vindicated once again, his enemy has admitted what Beck predicted, that Soros is the one pulling the strings.

    http://libertarians4freedom.blogspot.com/2011/02/mississippi-burning-over-license-plate.html

  • Georgia999

    Yes, George, you are right…it’s all about control…. your favorite subject. Obama needs to straighten up if he’s to continue as your front guy.

  • Annie Oakley

    gordonbloyershow said:
    Soros is a total whack job.

    Megalomaniac, yes; whack job, no. Everything he does has a purpose, though perhaps not apparent at the outset. He does, however, have terrible taste in ties.

  • Helix

    Annie Oakley said:
    …{}

    So, my question for the group is this…what markets will be affected by Soros’ comments? Is he betting against the dollar? With the IMF’s recent statement, chaos in the Middle East and the oil market, the spike in gold prices, what is Soros’ play that is provoking this pronouncement at THIS PARTICULAR TIME?

    It’s not just his comments, it’s the vast amount of money he controls through his hedge fund and other investments. The statement Soros makes should give you the clue, “…I think this will have a negative effect on the {American} economy.” Translation: I’m going to kick over your little red economic wagon and spill your toys all over the ground, using hedge fund leverage. Incidentally, I (Soros) will make a lot of money in the process.

    This series of events might really hurt Obama and the progressive agenda, but Soros doesn’t care, they are just another tool to be discarded when they are no longer of any use. That $60,000 investment and followup funds will have paid a very nice ROI, if things go according to Soros’ grand design.

  • TheEagle

    Annie Oakley said:
    If you believe that Obama didn’t know in advance what Soros was going to say, then I’ve got a bridge to sell you in Brooklyn.

    Can you prove this?

  • Yoda002

    gordonbloyershow said:
    You are should have listened to Beck. Here is another prediction that is coming true.

    Military to secure Qaradawi’s access to Tahrir Square
    Banned Qaradawi returns to lead Friday prayers in Egypt
    Thursday, 17 February 2011

    For the first time since he was banned from leading weekly friday prayers in Egypt 30 years ago, prominent Muslim scholar Yusuf al-Qaradawi will lead thousands in the weekly prayers from Cairo’s Tahrir Square on Friday.

    Sources told Al Arabiya that a military force will accompany the head of the International Union of Muslim Scholars from his home to Tahrir Square, provide security for the prayers and accompany him back to his residence.
    Al-Qaradawi last delivered a Friday prayer sermon in Egypt in 1981 after the assassination of former President Anwar el-Sadat.

    Other prominent Muslim scholars were also banned from delivering the Friday sermon, such as Abd al-Hamid Kishk, Sheikh Mohammed al-Ghazali, and Sheikh Ahmed El-Mahallawi.

    Hitting the egg nog a little early I see. I thought Beck was concerned with the Muslim Brotherhood uniting with communists and taking over the world So, I guess that didn’t fit his narrative. I realize you think Beck is some sort of god, but he’s just playing games with his viewers.

  • Annie Oakley

    TheEagle said:
    Can you prove this?

    Hi, Mr. Podesta! No, but I can prove unequivocally that he has terrible taste in ties! (Expensive doesn’t mean tasteful.)

  • btimsah

    Soros is saying that higher taxes will improve the economy? What a genius.

  • Tedderman

    I thought he’d be much taller and have horns and a tail. I’m gonna stop a watchin’ this here Beck feller. He ain’t once tlod me thuh truth ’bout nothin’. Uuuh, yup!

  • WHarropson

    President Obama (and more importantly George Soros) Has Lost Control.
    Hallelujah.

  • LOGICandREASON

    It’s not very often I see someone contradict himself in the same statement

  • ChrisNH

    Poor George ‘Ahkmed’ Soros. Poor, poor him. He couldn’t buy socialism & communism and now he’s sad. Liberal and Keynesian thought are failed ideologies, we’ve now seen. Somewhere, ‘Ahkmed’ Soros and ‘Osama’ Krugman are having a drink together lamenting their epic failures. Ahkmed has money and Osama has a column in the NYT, but neither has succeeded. Poor, poor them.

  • http://theendisfar.wordpress.com/ theendisfar

    “Obama has lost control of the Agenda, now the Republicans are in control”

    This is the HEART of the Problem. Obama, Bush, Pelosi, Boehner, etc SHOULD HAVE NEVER HAD CONTROL of the Agenda. The American People have lost control of the Agenda.

    When are people going to wake up and see that the D’s and R’s do not exist without each other? They have given themselves the Power of Attorney over every American Citizen and feel free and empowered to borrow as much money in the name of “The American People” as the Federal Reserve will Lend them. They don’t have to pay the Bills, they only create them.

    We must LIMIT the areas that they are allowed to spend before we can ever LIMIT the amount of money they Spend. Article 1 Section 8 anyone?

  • Pablo

    Yoda002 said:
    I realize you think Beck is some sort of god, but he’s just playing games with his viewers.

    How old are you? Three? The man in the teevee box is not God, genius.

  • http://www.zazzle.com/talkingpoints NORBIT Jr.

    MURDOCH – 1
    SOROS – 0
    ———————
    heh-heh

    Soros gets outFOXed!

  • http://www.facebook.com/people/David-Mangan/100000213524770 David Mangan

    NORBIT Jr. said:
    MURDOCH – 1
    SOROS – 0
    ———————
    heh-heh

    Soros gets outFOXed!

    Couldn’t have said it better. Soros is proving by his own gibberish that he thinks he’s smarter than Obama, which in turn makes Obama look extremely stupid while it makes Soros appear to be a COMPLETE RAVING IDIOT…!

  • http://www.facebook.com/people/David-Mangan/100000213524770 David Mangan

    Zakaria and his US-hating simpering head-bobbing syncophancy jibs well with the authoritarian Soros neo-Nazi persona. They should do a travelling pundit show or sign a contract with that Al Gore network that Keith Olbermann is planning to dominate with his Uebermensche Schrecklichkeit.

    Sorry, my Nazi Deutsch is rusty.

  • Scrapette Jones

    As an aside, I don’t believe that I will ever get the idea out of my head that Soros caused out economic meltdown a month before the Nov. 2008 election, because Obama was his candidate and it was looking very much like Grandpa McCain was gonna defy all the odds and eek out a small victory. When I say Soros caused it, I mean that all of the conditions were ripe to catch fire and he lit that match. I think this because, after you have brought the Bank of England and the British economy to its knees just to teach it a lesson as Soros did, what exactly do you take as your next challenge? Winning the White House? And when old Grandpa threatens to derail that, you hit him with the one thing that America assumed Obama would be better at, the economy.

    No, I will never be able to prove it. It’s just been a persistent suspicion in my mind ever since it happened. The timing and outcome are just too, too convenient and the stakes too high for someone that powerful to NOT have tried to do. All Soros had to do was pick the same investments to short that would cause the same effects as he’s done many times before.

    Answer this: has anyone given us a convincing and thorough explanation of what happened in Sept-Oct. 2008 yet? Anyone? Anyone? That’s my conspiracy theory and I’m sticking with it. ;-)

  • WHarropson

    Scrapette Jones said:
    That’s my conspiracy theory and I’m sticking with it. ;-)

    Keep us up to date. I will go along with your theory because of the simple reality that IF HE COULD HAVE, HE WOULD HAVE. There is no doubt about that. That’s who this guy is. Wether he did… keep us posted would you?

  • BushClintonCrimeFamily

    Jesus. The economic meltdown didn’t happen in November of 2008, Scrapette. You don’t really believe that, do you?

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