She has a history of becoming a malleable ball of putty in the presence of powerful men (especially those who own handy private aircraft), but Maria Bartiromo might have reached a new low today during her “exclusive” CNBC interview with the world’s No. 1 left wing liberal and America hater, billionaire George Soros.
It is universally understood that Soros is the lead underwriter of the very liberal underground movements (MoveOn.org and others) that have lifted an obscure junior Senator from Illinois, Barack Hussein Obama, to national prominence as the Democratic Party front-runner. It was Soros who was quoted as saying that he would risk his entire fortune (today an estimated $8.5 billion) if the funds would guarantee that President George W. Bush was defeated for re-election in 2004. It was Soros who wrote the ominously titled book, “The Bubble of American Supremacy”, in 2006.
Today we find the enraptured Bartiromo asking Soros to listen and respond to a video clip in which none other than Obama is heard setting the stage for the massive tax increases he would propose if (with Hell freezing over) elected U.S. President. Obama references “talking to people like (liberal) Warren Buffett” and concluding that a hike in the capital gains tax from 15% to 20-25% “is not going to distort economic decision-making.” (Occurs to me we need to fact-check the validity of the statement that Obama actually has talked to Buffett).
With nary a preface to remind viewers that Soros would move heaven and earth (and can afford to) to get Obama elected as his Oval Office puppet, Bartiromo asks Soros what he thinks of Obama’s view of higher capital gains taxation.
Soros’ reply? Duh? “What he says makes sense to me” because “paying taxes is a high-class problem.”
This is where a tuned-in journalist says, “Now wait a minute, George, are you saying that only rich people pay capital gains taxes?” Of course we know the answer, and we also know that the Obamas of the world believe that anyone earning more than $75,ooo a year is not deserving of any type of income tax cuts because those in the Above 75K Club, why, they are stinking rich folk, out of touch with real world problems.
What we have here on CNBC is a tidy set up to allow Soros to prop up his puppet in a high-profile interview, while at the same time casting lots of gloom and doom over the immediate future of the U.S. economy to support his contention that the bubble of American supremacy must surely burst, and soon, as in just on the eve of the November election. Ah, wouldn’t that be sweet, George?
As Bartiromo fawned, Soros cautioned that the U.S. is only “halfway through the fallout” caused by sub-prime’s implosion. He warned investors to be “very cautious … and nimble … because I think we are in a period of increased uncertainty.”
I think we are in a period of increased insanity when a 77-year-old egomaniac billionaire thinks he has cable networks and political candidates at the ends of his many strings, orchestrating, he hopes, the beginning of the end of America’s economic supremacy. He might indeed be the puppeteer, but his show will never make it to opening night.
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