This Sunday on Fareed Zakaria GPS (at 10a.m. and 1p.m.), Fareed sits down with billionaire investor George Soros to discuss the fate of the Euro Zone, the U.S. economy’s recent upswing, and politics. Here's an excerpt from George Soros on the risks to the U.S. economy posed by the upcoming presidential elections. Do you agree with George Soros?
Fareed Zakaria: George, what is your prognosis of the American economy right now? It does seem to be doing better than the Eurozone, than Japan. How do you read it?
George Soros: It definitely shows some signs of revival, very important is the emergence of shale gas and shale oil as a cheap source of energy, which has made manufacturing more competitive. Also the fact that you now had several years of no wage growth. So wage disparities have been reduced. And so all this is bringing a very welcome relief.
I'm worried that the politics of the election are going to interfere and put a lid on this –because the Republicans don't want to face elections where Obama can claim to have sort of seen the economy recover. So they will continue to push for austerity, no new taxes, and therefore cutting of services, which will depress economic activity and employment.
After the elections, if the Republicans win, actually they’ll undergo a miraculous transformation where they discover that actually it wouldn’t be so bad if maybe we can afford to have some stimulus.
Fareed Zakaria: So you think Mitt Romney, if elected would pursue a stimulus bill?
George Soros: I’m pretty sure that would happen. I mean, of course, Obama would like to as well. He may find it more difficult if the Republicans continue to obstruct him.
Fareed Zakaria: So in a sense, you feel that some part of this Republican opposition to an additional stimulus is just cynical? They want the economy to stay weak in an election year?
George Soros: Unfortunately, our political system is now not functioning the way it used to in the sense that the political parties are more determined to destroy each other than to lead to policies that would benefit the country.
Be sure to catch the full interview Sunday at 10a.m. and 1p.m. on CNN.
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Mr. Soros is a wise man.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
True, when it comes to economy, Soros is very shrewd. He is right about the nefarious game the GOP is playing. By hijacking the U.S. economy for its political goals, it doesn't have the country's best interests at heart.
Ah sarcasm, it is grand
Soros is a psychopath who consorted with the Nazis.
DUMP SOROS!
fareed, i cant believe you have sorros on today, he is one of the worlds most dangerous persons, especially to america!!!! he once was quoted as saying his main goal with his money is to bring the us down.are you that naieve as to think he is actually a good guy, that cares about americas struggle and wants to help? boy you certainly dissapoint me.. i really was waiting for you to ask him a question about his comments and actions against america .
So....I agree that Soros is a smart man for saying that Republicans are doing what they can to hurt the economy in an election year, but even a first-grader could do the simple math. Good economy – Obama has a better chance at re-election, bad economy = the reverse. Thus, Republicans need to do what they can to hurt the economy (i.e.,. Americans) this year. It's not real hard to figure out, is it?
you are joking right? I mean, seriously, you have to be a gullible fool to believe that stuff peddled on Fox and oither rightwing propaganda sites.
If you want to scare yourself with boogeymen I suggest you look up Charles and David Koch and then tell us who is dangerous
Exactly. The election is the real reason why energy prices are going up, which will put a brake on the economy.
Energy prices are going up, dummy, because Obama and the Democrats have for years done everything they can to prevent domestic oil production. He touts that domestic oil production is up but, that's only because of decisions that were made during the Bush years that are just coming on line. Your Dims block everything they can and use as an excuse that "it's not that much and it wouldn't be available for years". Well, years have passed and we don't have it.
Really Reagan!! So by your logic Bush did not want the same thing when gas was $5 a gallon. Listen put politics aside and let's state the really reasons
1. Supply and Demand – with China, India, Brazil growing the way they are there is is high demand and simple economics will tell you the higher the price the higher the demand.
2. There are more open oil production sites then there have been under any other president. But most of the domestic oil is sold over seas and it's always been that way.
3. Conflict in the middle east causes uncertainty and when that happens OPEC rises the price.
I'm in independent and I hate it when FOX news people like you say non sense like this. Same goes for the MSNBC people
Oil exports are the highest they have been in eight and its now one of our biggest exports overall. Its called the "Open Market", that's where most petroleum and energy is sold. The only thing domestic about "domestic oil production" is just that: the production of it. After that, it's sold to whoever can pay for it.
Obstructionists? How about balance of power? And tax increases won't help the economy. This gibberish is too comical.
Can you prove that tax increases won't help the economy?
Taxes from a private citizen to the govt reduces investment. Some think tax increases will generate more revenue, but that assumes people's behavior doesn't change. I invest and spend a lot, but if taxes are higher and things cost more, I may change my preferences. For me, if I send more to our govt, it's less I invest, spend, etc.
In other words. No he can't besides anecdotal evidence and personal experience. BTW. I also invest money. I don't have enough money to start my own business but if I did I'm sure I would much rather spend it on my business and invest that way. This would mean that I could wright off more off my over all taxes and not have to give it to the government.
Jim that is not true. The fact is if there is a return on an investment you will invest regardless how much taxes are and if you say you wouldn't you are a liar. Our deficit will not go down on strictly cutting spending. We all no that so if you really want to look out for your grandkids you will help close that deficit by paying a bit more.
AT, well I explained how it applies to me. Moving money from me to the govt has no economic gain. If its true for me, it's true in my case. And just because you two disagree with me doesn't make you right. Even Obama knows that tax cuts have some value to the economy, he is for tax cuts to social security right?
I disagree sidd. If capital gain taxes were 50 percent, I wouldnt invest. The risk – return ratio isn't there as It is for 15 percent.
Sidd, handing more money to the govt doesn't help my grand kids. I can help them by teaching them self-determination, good choices, sacrifices, etc. and I can save for them better than letting the govt waste money to attract votes.
Jim it won't be that high and you know it. During the Clinton admin the taxes were higher and the economy was better. Taxing to close the future deficit and investing in infrastructure is better than any investment you could make. What makes America so great is our lead in being about the move product by means of our infrastructure. More roads means more growth and opportunity to develop businesses.
No I don't sidd. So must agree with my premise since you still have offered nothing to consider to the contrary. You seem to be a problem finder with no real problem solving skills. The tax code was roughly the same in the 90s, but we didn't have a spending problem then as we do now. All the taxes in the world can't pay for this spending.
By the way sidd, I am investing better than the govt. you can't dispute that because you have no means to tell. If I knew more taxes would go to lowering the debt, I would consider, but it'll just go to more wasteful spending. the Dems are terrified of a balanced budget amendment and that speaks volumes. They have no intent on spending as much as they bring in. That's scary and a path to Greece.
Balance of power has nothing to do with political parties. Nothing in the founding of this country even suggests political parties, in fact some founders warned about them. Don't they even teach civics anymore?
Balance of power between executive and legislative......
It is coming from Soros, what do you expect.
Tax increases won't help the economy?
First – they would bring in more revenue – that would help the economy.
Second – the tax Decreases that bush implemented DID NOT spur job creation – job creation dropped to it's lowest level since WWII afterwards.
Third – the republicans have done everything they can for the past 3 years to prevent the economy from getting better – they know that it's the only way to prevent Mr. Obama from getting re-elected.
Forth – might as well get used to 4 more years of Democratic rule – Obama has done a fantastic job. He even managed to pass Universal Health Care – something the Republicans failed to do since THEY first proposed it 30 years ago.
I love it – everyday the numbers get better and the GOP is starting to look pretty stupid saying that the economy is worse than when Obama took over from Bush. After he fixed the Republicans' mess he managed to turn things around in spite of their best efforts.
Tragically naive. More revenue does not translate to economic activity. Good Lord..... I won't dignify the rest with a response.
What does the P in GDP stand for? Taxes take $ out of the economy therefore hurting production. The private sector is infinitely more efficient than the government. Take a trip to your local DMV and see for yourself. Reagan cut taxes, kept the dollar strong and led one of the strongest economic revivals of all time. He learned everything from Margaret Thatcher who turned around the U.K. in an even more impressive manor. Bottom line, as long as you pay folks to do nothing that is what they'll do. They won't contribute to the P.
Soros needs to be deported.
Brilliant analysis
God forbid the immagrants who come here, invest millions and become successful actually have an opinion.
Why would anyone listen to George Soros? The guy is a socialist pig and American politics is none of his business.
Gas prices would have a chance to go down if this administration had any kind of an energy policy, instead of pipe dream green energy.
how would the energy policy bring down gas prices?
How is cutting off oil exports from Iran going to help keep gasoline prices down? It won't, with supply already tight it could cause oil prices to soar and we will all be paying for it.
Is that really going to affect gasoline prices in a meaningful way? With Iran producing less than 5% of the world's oil, and being an OPEC member – a cartel that adjusts supply to manipulate prices artificially – I'm not sure that continuing to trade with Iran would have any significant impact on prices. I don't think the president really has that much influence over gas prices.
I'm thinking a policy promoting drilling vs. opposing it would help. We've seen some nuclear accidents but if you look at the total impact on human life, it's better than oil (particularly if you factor in wars fought for it). The pipeline we just temporarily mothballed because somebody felt they're too cool to be presssured would help. Although I'm not so certain that oil would be used in America as gas. I hear it's really low grade. China's sure hot for it though.
Alabama, leading the nation in education. What do you mean by "socialist pig"? Soros has supported democracy around the globe with the billions he has made through his capitalistic endeavors.
agreed. calling soros a socialist really difficult to understand. There are only a handful of people that would stand to lose more from socialism than he would. I don't watch Glen Beck, so I guess there may be some conspiracy theory that explains how someone who has amassed a huge fortune as a capitalist is really a socialist. Who knows?
Pardon me friend. But are you saying everyone from Alabama is poorly educated? Being that the federal government has assumed responsibility for education that would be their fault then. Perhaps we'd be better off if we got government out of it and folks in Alabama would be smarter. In fact we should probably reverse the current mad rush to socialism that your boy Soros so clearly supports and a lot of things could get better like the economy. Btw Alabama, War Eagle!! That's right, War D Eagle!!!
Soros is a far left (way far left) opportunist, anybody thinking he is a "good guy" has never looked into him.
"socialist pig"
Somewhere Roy Cohn is smiling.
Susan, you should stop watching FNC. They lie!
Sorry sport, I watch FNC and CNN. As far as the truth, they are politically opposed reflections of each other. That is what's wrong with American politics. No one represents the middle. Every time you turn on the news you're pulled either left or right. The only way to get the truth is to watch them both. Let's revive the political middle of America. That is the path to the brightest future possible.
American politics is not the business of an American citizen? When did that happen?
On the day that the oil runs out you're going to wish that SOMEbody had had a dream.
That's like saying "Why would anyone listen to some uneducated idiot from Alabama"
Are you aware that under Obama, America is pumping out more oil and only importing 49% of its oil, compared to 60% under Bush. Are you aware that under Obama, America has become a net exporter of refined petroleum products? Are you aware that under Obama, natural gas has become so plentiful that natural gas companies are now conspiring to CUT production in America to drive the prices up? Please explain what else could be done to "drive gas prices down"?
Because it's not your point of view, he has to be socialist. The republican politicians has damaged this country. Their hate and bigotry has soiled their voters of any common respect. I can't wait until November. There is no way, with the hate republicans/TP espouse, they will win an election for a long time to come. Ever heard of karma... Obama 2012!
Soros is only going to tell everyone to do something that helps him take profits on his current open positions in the market.For example if he recommends buying gold, it will only be because he is selling gold and needs others to buy it from him to take profits.
Beware of his advice as he exemplifies the investment banking mentality and prides himself on being able to manipulate others to achieve his own profit objectives.
@ Jim Williamson:
You're the ONLY one laughing here!
Get educated and come back.
@ Susan:
You probably don't even know the definition of Socialist.
I think everybody now understands what socialism is.....HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
Well, then who "hurt" it in 2008 so Obama would win?
All Republican should be deported.
LOL So should Democrats. LOL. Next time think your comment through. Do you really know what deported means?
Absof@#%inglutely they are hurting the economy SHOW THEM THE DOOR, AMERICA!!
As long as you are ready to send Soros and Democrats packing as well.
After the elections, if the Republicans win, actually they’ll undergo a miraculous transformation where they discover that actually it wouldn’t be so bad if maybe we can afford to have some stimulus.
^ YUP. All the whining about the national debt would slowly abate – in soon be forgotten altogether.
George Soros: "Unfortunately, our political system is now not functioning the way it used to in the sense that the political parties are more determined to destroy each other than to lead to policies that would benefit the country."
Sums up the current situation nicely.
Soros is probably speaking more of the truth than we would like to hear, but his assertion will never be proven. The GOP will continue to impede the recovery until the election is over, and if President Obama is re-elected, they will probably continue to not work together for the American people. Sad state of affairs when politics outweigh the good of the country.
The 2010 election was a mandate to block anything Obama tries.
Because from 2007-2011 Democrats had control of this country and didn't do a thing to fix it. Obama is working hard to increase the size of Government and turn us into more of a welfare socialist country and yes I KNOW what socialism means.
Well said Mr. Soros, the GOP is the problem with our economy they say no to everything and remember
it was a GOP administration in the white house that got us into this mess.
Vote Straight Democratic.
Actually no it wasn't. If you ever read anything because liberal MSM you would know the truth and actually fully understand what both parties and in fact all people of this country have done to this country to bring it down. But that is too hard for you to understand.
I like the idea of economical "revival.". All we have to do is pretend fewer Americans are in the labor market, and unemployment goes down. Why do we just say the people with jobs ARE the labor market and unemployment is zero?
Of course they are, it's the only way they think they can win back the white house. The American voter I prey is smarter then that...
Do you feel like a fool? You certainly sound like one...
The Dark seth Lord Speaks!!1
Lol and right on! The truth he does not speak. Lies he tells. Listen not to him you should.
Would this be the same George Soros that has made his Millions by betting against world Economies?
What is George Soros' tax rate? Where does George Soros spend his money? Seems more money is spent in ways that manipulate political outcome than charity.
"Would this be the same George Soros that has made his Millions by betting against world Economies?"
dunno. y?
The man manipulates economies for a living...
Let me ask you, if he were a Republican would he be revered as being so wise??? I think not!
I don't know about people revering him, just wasn't sure what it had to do with the article.
Yes it is the same George Soros that broke the bank of England. The same George Soros that has some shady dealings and wants globalism.
You could tax the top 1% every dime they make and the government would run out in a month. Taxes are NOT the answer, cuts in spending = the only way we get out of this.
Thank God for people like George Soros... another ultra rich, manipulating kniver spewing the virtues of caring about the poor and workers... yet continue to see HIS overseas bank accounts grow larger than most 3rd world countries..
You really think God is behind Soros? I think you need to read your Bible.
Well, I'm sure God hasn't been pleased with the conduct of Republicans for the last three years. The hatred, bigotry, meaness and racism will doom this party! You can blame it on the race card being played all you want, but He knows the heart, you can't fool HIM!
Favor will be bestowed on the just... Obama 2012!
I may not like the man but he hit the nail on the head. The political parties are more interested in destroying each other than to help the country. We're just pieces they are using in their little game. Only problem is that the winner or loser is us and not them.
George Soros is really not one to ever listen to.
The man wants Globalism.
Beyond that regarding the parties, yes they are fighting each other why because it is all we do have left. The country, given the excessive population, and yes I am actually blaming the people of this country, not just the parties but all of us, given the population, the Government knows we are just in too deep, and there really is nothing that can be done to fix it at all. So basically the only thing they have left is just to fight each other and reduce themselves to looking like a tabloid Government.
Read his interview in "Der Spiegel" online tomorrow. There's an international version. He says a Greek bankrupcy will lead to runs on banks in Italy and Spain which will probably result in the end of the Euro. What a two faced (insert your favorite insulting noun here). Listen not to the words of Darth Sidious. For part of the dark side is he.
If anyone has been following politics for the past 2 years, WE know that the Republicans don't want the economy to improve and are sabotaging it because of Obama. In fact, I would go so far as to say that "some" businesses are sabotaging the economy by not hiring people, so that it kills Obama's re-election.
Don't know about the businesses doing it on purpose. They have share holders that aren't willing to invest in new projects at this time. Well not until their portfolio has recovered at least.
I've been following politics for more than 2 years now, but I can say for certain you are quite incorrect with your comments. But hey you are from Chicago, that sums it all up right there.
Soros has manipulated currency markets, withheld info on his hedge fund and was the first SuperPAC. He just prefers anti-GOP causes.
George Soros has a political agenda. He supports socialism and socialist leaning candidates. He is the biggest contributor to MoveOn.Org. He is NOT an investor. He is an opportunist. Ask the Bank of England.
Much of the reason for the GOP push back on economic matters is due to fundamental idealogical views. The Socialists want more government at any cost, even destruction of the American values system. They believe in one world government and that the collective is supreme over the individual. Many in the GOP believe in individual freedoms over the well being of the collective. The majority of the GOP believe the United States is exceptional and the other nations should follow our lead.
Actually it is the opposite, liberals and progressives are for freedoms and conservatives are for control.
That just the way it has been last 3000 years!
Actually you do have that wrong, in truth liberals/progressives are for Government to be in control.
Conservatives, tend to be more for people to be in control, not as much as Libertarians do, but in that sort of direction.
The republican always do the same thing. Campaign on fear and hate and govern for the wealthy. Then when they are kicked because of broken economy, they start again, lie and spread hate and fear.
Same thing last 40 years, and people putting up with this really deserve their misery!
The Demos governed us into the not-too-great society for which we are paying for today. Unfortunately, no politician would get elected if he or she told Americans what must be done, e.g., Barry Goldwater who was pilloried by the Republican establishment as well as LBJ's thug managed be draft-dodging, war mongering Bill Moyers as well as Wall Street and the Establishment media.
Yep, that's why conservatives lie because they know no one would vote for them if they told the truth!
Hey my friend, who broke the economy that Reagan fixed? And similarly with parties with different names, Thatcher? Having said that, I agree with Frank Black. "Democrats suck and Replicans blow. If that offends you, turn it around!"
WIthout a doubt. Thank God we have you George.
For what? To laugh at?
The people of the United States need to band together and let the republican obstructionists know that we are mad as hell and we're not taking the bs any longer!!! Get mad and get something done about this. I'm going to do as much as I can. Let's not live under the control of a few DAs!!!
The Left Wing spin and half-truths are hitting all the media morons with the obnoxious, arrogant Zakaria in the lead. How disengenuous he is by not mentioning Soros' maxi-million contributions to Obama directly and through his straw men. If Zakaria doesn't understand Romney was referencing the safety net for the poor that isn't available to the middle class than he is dumber and more myopic than his elitist demeanor conveys. The weekend news is loaded with pro-left propaganda and outright lies like we are too dumb to understand lying by omission and selective editing.
did you take a small break from the circle jerk over at fox news to type that?
Man, are you really that confused?
It's scary!
The Economist magazine described the Tea Party/Republican philosophy perfectly: "obstructive nihilism".
Of course they're trying to kill the economy. They've gone so far as to shut down government infrastructure repairs to airports, highways, railways, and bridges. How on earth are private businesses supposed to get anything done if they can't ship things via air, rail, or road? What corporation is going to want to build a new office if America has the infrastructure of a third world country? The GOP talk about "let the market handle itself" ignoring history which shows almost every major economic boom in this country kicked off by an act of Congress and a huge government spend. Westward expansion (Transcontinental Railroad project), the purchase of Alaska, the Interstate Highway project, the Space Program (kicked off the silicon chip revolution), and the Internet (started as a DARPA project that Congress turned over to public in the 80s). So why the GOP is trying gut things like Green Technology and Biotechnology (both of which China is investing literally 100x what we planned) is beyond me. Now they trying to sabotage the businesses we do have by letting are roads, ports, railways, and airports rot.
Unfortunately 50% of Americans, mostly poor whites, can't figure that out!
Sometimes I feel like I am living a very very bad dream!
You know the blatant way the GOP are trying to hurt the country borders on treason. I bet we could get some judges to agree and lock the whole lot of them up.
Then the Democrats are just as treasonous.
Man that was an ignorant comment you made.
It is conservatives who've been using hate and fear in politics. At any cost!
Joe–
So have Democrats.
I am going to guess you are a Dem and thus your denial.
No, I am independent and very concerned watching TP wackos destroying this great country!
You guys just figured this out? In other news, Wednesday is now coming immediately after Tuesday each week...
And we should listen to this Nazi collaborator that sold out his own Jewish people for money because? If he sold out his own people, how can you believe anything he says now knowing he only looks out for himself! If I had my way, he would be deported and all his organizations here that try to move us towards Communism shut down! Soros is NOT what America is about!
Fox lies. You should know this if your are 13 or older!
WHAT!!!!
Fox Lies!!!!!!!!!?
next thing you'll tell me is that the sky is blue and the grass is green.
Well you obviously watch it religiously to know whether it lies or not. OR wait is that simply what liberal media tells you. LOL
There are many brilliant people posting to this story and any other political piece on the website. People with great political minds and well thought out energy policies and solutions for the economy. People that really know what they are talking about....Yet here they are, posting to whatever random political story. and reposting. and waiting for someone to take the bait and post back. Check around the boards. Are the same names coming up? Does it seem to be the same arguement on every board. Are these people contributing anything else to society than their opinion? That's assuming they're not all just paid to troll the comment boards and push whatever agenda they have. Make your own decisions people.
This is a response to Fareed's comment on thinking about the poverty problem (post Romney comment):
http://www.newenglandpost.com/2012/01/28/child-hunger-part-national-agenda/
Thanks for your attention!
Eszter
Soros is a convicted felon. Why does the left wing media interview a guy like this? Is it for his advertising dollars? This guy spins more nonsense and funds more ding dongs in politics than any person I have seen in my lifetime.
Democrats need to take their party back and show the door to the MOVEON crowd infecting thier party. What ever happened to the party of Truman and Roosevelt?
The US needs to kick this guy out of our country. He is a certified convicted Felon and only his juice keeps him in the USA.
Soros is a psychopath who consorted with the Nazis.
DUMP SOROS!
Let's face it. The GOP candidates have no problem ripping each other a new one on the campaign trail with all of their brilliant solutions so party loyalty does not mean much to them. My question then is why were they quiet say 5 years ago when everything was tanking. Offer no solutions when there is a problem, but become a rainmaker as soon as things turn around? I don't think so. The only exception here is Ron Paul who has been outspoken against modern American monetary policy for ages.
Fact # 1. Corporatism, self-interest, and the ultra-rich rule the US Gov. The average Joe don't count.
Fact # 2. The offshoring of jobs has been devastating to the overall US economy.
Fact # 3. The global economy has too many imbalances and instabilities.
Fact # 4. The apparatus of US economic stimuli is unrealistic. All weak temporary band-aids.
Fact # 5. Oil & conflict are chaotic.
Fact # 6. Manufacturing, employment, real tax revenues, and both public and private debt in the US is frightening.
Fact # 7. A sharp increase in gas prices or a sharp increase in interest rates would result in collapse.
All things Soros profits from. The man is a parasite.
And he supports liberal causes.
This lousy socialist SOB is accusing the GOP of hurting the economy to "win an election" after the stunts he's pulled to profit from the collapse of global currencies?
Screw George Soros.
Who destabilized the world economy was mainly China
The greed of people like Mr. Soros made China destabilize the world economy. Not accepting the world becoming less profitable because it distributes income better, these people started migrating, or even changing the whole orientation of their business to the Asian Tigers and China.
Most of the socially and democratically developed world cannot afford the prices charged by economies that exploit its people, this is an equation that will never close while its variables are so disproportionate.
Everybody wants to live well, but in order to achieve this we must be well paid.
Before China's flood of poor quality and low price products, we, the world, walked towards quality lives, and also to what we could call “equality”.
While the Chinese population submits to their government, the world economy will be in decline. The U.S. and Europe won’t save themselves until the economy find its balance, and this “balance” will probably bring with it unequal distribution of income and thus degraded quality of life.
But what really matters to the greedy? Nothing but keeping their PROFIT coming.
Fareed, I know that the US does not enjoy an objective, BBC-style media. FOX supports the Republicans, CNN leans to the Democrats, etc. But today's show was so far to the left that it risks damaging your credibility. Fawning over Soros' musings, putting the boot in on Romney, etc – it's gone so far that you might as well display a "Vote Obama" lapel badge or basecall cap. Please, Fareed, try to move to the center so that the viewer feels it is a news program rather than a party political broadcast.
More nonsence from the left. Romney governed probably the most liberal state in the US from the right while never taking a pay check for doing it. He also turned the 2002 winter Olympics around from a 379 million dollar deficit to making a 100 million dollar profit. He donated his 1.2 million salary to charity. He also has created tens of thousands of jobs in the private sector. Bain capitol is a winner not a loser. This man also has a moral compass. Wheres Obamas moral compass? Obama was best friends with a terrorist. (William Ayers). He also took money from criminals like Tony Rezko. We gambled on Obama who was really nothing more than a community organizer. Mitt Romney is a leader and will take our country in a positive direction. Not the social welfare direction we are in right now.
Fareed, how cheap it was of you to ask Soro if he is voting for Obama! Next, are you going to ask the same moronic question to Mechelle, Bill Gates, Ambani, etc., etc?How low are you willing to go to suck up Obama, besides trying very hard to get invited to his inaugration if and when he gets reelected? In case you did not know, one never asks who one is voting for or what religion one follows. Get real, brother, you are boring me.
#Soros May Benefit From #WhiteHouse’s Natural Gas Proposal blog.heritage.org/2012/01/26/sor… via @heritage
Interviews like this one will ensure that CNN continues to trail Fox in the ratings. Frankly Soroʻs made FAREED LOOK LIKE A GULLIBLE WATER BOY FOR THE LEFT! Glen Beck is right about Soroʻs and Obama wanting to cause financial ca laps in the US. This they believe is the precursor to government re-distribution or socialism. Iʻm thinking Soroʻs and Fareed, should be arrested for sedition! Fareed, do you need to be reminded what happened to your bigoted college Rick Sanchez!
Next time you have Soros on the program, please provide him with a bib if he is going to sit there and slober on himself throughout the interview. further, if you can have a lightning-rod like George Soros on his program, then it's time that you invite a voice with a different perspective on also – someone like Rush Limbaugh. Unfortunately, the rhetoric that is continually coming out of GPS doesn't give me any confidence that we will see that anytime soon.
Hi Fareed,
Next time you have Soros on the program, please provide him with a bib if he is going to sit there and slober on himself throughout the interview. further, if you can have a lightning-rod like George Soros on his program, then it's time that you invite a voice with a different perspective on also – someone like Rush Limbaugh. Unfortunately, the rhetoric that is continually coming out of GPS doesn't give me any confidence that we will see that anytime soon, but we should!
People are talking about oil prices here, so I thought I'd look into my crystal ball and tell you what I am predicting for America's near future as far as oil prices are concerned. I predict that, leading up to the election in November, gas prices will be well over $4 a gallon and possibly approaching $5 a gallon. And I have a pretty good track record of predicting such things. In 2006, I correctly predicted that gas prices would DROP dramatically leading to the 2008 election, and in October of 2008, they dropped to $1.46 a gallon, the lowest of Bush's time in office.
How do I make such bold predictions? Well, it has nothing to do with oil production, or lack thereof. Simply speaking, oil companies, for a variety of reasons, make more money short term and long term when Republicans are in power. And since many people falsely believe that the President of the United States somehow sets oil prices, the price of gas at election time can make a dramatic difference at the polls on election day. So, wanted Obama to be defeated in 2008, oil companies lowered gas prices leading up to the election. It didn't work, but they tried.
Leading up to the 2012 election, oil companies will do all they can to help the Republican candidate, so from now until the election we'll see gas prices slowly rise more and more, possibly to record highs. People will inevitably blame high prices on the President, when in reality it'll have nothing at all to do with anything other than trying to put a Republican in power. They are scared of anyone who pushes for energy initiatives other than oil.
Taxes, fuel/energy costs, interest rates, inflation; these items have a direct and often quick effect on our disposable income. The government usually has significant control over all of them and I don't see much change for at least 4 years, possibly 8 years. Otherwise, a collapse of the economy would likely result.
When does giving money to political causes to further your political vision and causes become "philanthropy"?
And no moral outrage that Soros is paying zero percent federal taxes – if I understood his response.
You're doing something right Fareed with your choice of interviews. George Soros is an appealing lightning rod, judging from the responses.
to quote that notorious sage, john mcenroe, "fareed, are you serious?!?" george soros, an extreme partisan (whatever else you may think he is) throws you not one, but two, responses that cry out for a follow-up question, and from you, not one peep. the first was his assertion that energy from shale will hugely (and favorably) affect the american economy and its recovery, and do you ask him about obama's decision to scuttle the XL pipeline? noooooooooooo! and then he asserts that what the economy really needs is more government stimulus. do you ask him why the trillion or so we wasted three years ago a) didn't work, and b) was expended on wasteful crony subsidies? noooooooooooooooooooo!!
and you call yourself a journalist? an obama kool-aid drinker is more like it.
Steve, you call Soros a partisan and yet you seem to get alot of rightwing spin and seem to think its factual and not just rightwing propaganda.
The stimulus did work and it created 3.3 million jobs. What news were you really watching last week when the report came out.
Obama warned the gop to not politicize or muck up the pipeline while the state dept conducted it study on the project but, could they for once just try to be adults and listen to advice. No that just cannot help but, play games.
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Your comment is stupid.