George Soros Calls for
“Managed Decline of the Dollar”
One of the richest men in the world, who has already profited mightily from the collapse of four separate currencies around the globe, now appears prepared to “encourage” the collapse of the “world’s #1 reserve currency”: the American Dollar. Of course the great Marxist “philanthropist” George Soros is not expected to make a penny from the financial ruin he’s engineering against American citizens and the great hordes of dollar-holders around the globe . . . no, never could happen with the “managed decline of the dollar” he's calling for.
Soros, who along with Hillary Clinton**, helped create the liberal propaganda and attack-foundations Center for American Progress and Media Matters (Media Matters showcases among the most vicious and outspoken left-wing critics and smear campaigns upon Conservatives like Glenn Beck^^, Rush Limbaugh and Sean Hannity)
has long been in the shadows hiding behind his Tides Foundation to
disguise the movement of his millions into leftwing American and European organizations designed to upset the American apple cart.
Over the years the single most effective of Soros’ shadow organizations benefitting from his money was our very own ACORN begun in GASP! Arkansas. ACORN (originally named the Arkansas Community Organizations for Reform Now), of course, was created in Arkansas by Wade Rathke@@ the same year that CRA ’77$$ Legislation was passed and besides all the problems they created (in building up to our recent very own financial collapse courtesy of the ACORN-induced sub-prime lending crisis) also played a major role in ensuring that William Jefferson Clinton would be the state’s governor for 12 of the next 14 years and, oh yes, become the 42nd President of the United States.
Soros, possibly in response to a Glenn Beck challenge the day before to appear on the Glenn Beck Show with him for one hour and reveal his intentions for America, yesterday came out of the shadows long enough to write a check directly to Media Matters for precisely $5 million to hire “investigative journalists.” Since Media Matters has 50,000 hits on the search subject “Glenn Beck” one wonders if George is trying to find something on Beck that’s eluded him so far.
Going back to Soros’ aiming to profit from devaluation of the American dollar . . . as a matter of “full disclosure,” your blogger Rajjpuut, recently suggested that patriotic right-wingers invest in silver and exit the stock market based upon the actions of Federal Reserve Chairman Ben Bernanke who within four months of the September, 2008, financial meltdown upped the amount of greenbacks circulating in the country to 15 times its previous level thus theoretically making the 2009 dollar worth 6.7 cents in 2008 money. Of course, Rajjpuut, has never been accused of deliberately collapsing anybody’s currency, but only of not wanting to hold onto money that’s not worth the paper it’s printed on . . . and suggesting that his relatives, friends, readers, and acquaintances avoid that problem also.
So . . . you’ve been warned TWICE.
Ya’all live long, strong and ornery,
$$ CRA ’77 was the Community Reinvestment Act of 1977, passed on Jimmy Carter’s watch . . . which opened the door for government to force lenders to make knowingly bad loans to people who did not qualify for a mortgage by any reasonable standards. Bill Clinton after coming into office in 1993 immediately set out to create law by presidential directive to give CRA ’77 the teeth it lacked. Then in 1995, he twice oversaw legislative expansions of CRA ’77. And finally Clinton’s 1998 expansion of CRA laws put the whole system on steroids. What effect did this have? In 1975, 0.24% of all home loans were granted at 3% down payment or less. In 1985, working primarily in Arkansas, ACORN had more than doubled that percentage to 0.51%. Thanks to Clinton’s efforts by 1995 14% of all home loans were granted at 3% down payment or less. After Clinton’s “steroid expansion of CRA in ’98, the 2005 figure showed 34% of all home loans were granted at 3% or less. By the way, ACORN lawyer Barack Obama was shaking down lenders in Chicago between 1994 and 1996. ACORN after Clinton left office found that they could get homeless people into $400,000 homes just as easily as they had put semi-poor folk into $150,000 homes five to ten years earlier. ACORN’s success in putting people without jobs; without decent credit; without rental histories; who gave food stamps as “income”; welfare recipients; and even illegal aliens into homes was the prime cause of the recent sub-prime lending crisis that instigated the financial meltdown we’re now enjoying.
@@ Rathke, who went to Arkansas seven years earlier in 1970, was a lieutenant of George Wiley and part of Wiley’s, Richard Cloward’s and Frances Pivens’ National Welfare Rights Organization (NWRO). NWRO was created to overwork the Welfare system in 1967 and by 1975 had bankrupted New York City (the federal government bailed them out) and came within a whisker of bankrupting New York State. The trio was seeking to put the infamous Cloward-Piven Strategy (based upon a C-P article in The Nation in 1966) into operation to force the United States into a GNI (guaranteed national income) and they presumed wipe out poverty forever. Rathke ran the Arkansas NWRO. After bragging about their great success Cloward, Piven and Wiley suggested the next areas for “Alinsky!! street theater” and Cloward-Piven Strategy should be voter registration and housing legislation . . . enter Rathke and ACORN two years later.
!! Saul Alinsky was the self-described neo-Marxist author of Reveille for Radicals (1946) and Rules for Radicals (1971) who literally dedicated his Rules for Radicals to Satan.