Let's start

[Pete F.]

Soros next sentence or so in the 60 minutes interview is also interesting.
He doesn't feel guilty about others losing when he wins in the market and makes an analogy to that effect.
Should he in your opinion feel guilty about that also?

[Jim in CT]

Originally Posted by Pete F.

Soros next sentence or so in the 60 minutes interview is also interesting.
He doesn't feel guilty about others losing when he wins in the market and makes an analogy to that effect.
Should he in your opinion feel guilty about that also?

No, a normal person wouldn’t feel guilty about doing well in the market, because despite what liberals tend to believe, his success in the market, isn’t causing anyone else to fail. Why should
he feel guilty if he is better at investing than someone else?

If soros does better in the stock market than i do, that’s one thing. soros collaborating with Nazis, is a wee bit different.

you people are completely insane. you’re comparing soros getting better investment returns than someone else, to collaborating with Nazis?

Ill ask again...what are you afraid will happen to you, if you admit that a normal person would feel some guilt for choosing ( even under godawful threats) to collaborate with Holicaust perpetrators? Do you think you’d die if you admitted he has a screw loose?
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[Pete F.]

Originally Posted by Jim in CT

No, a normal person wouldn’t feel guilty about doing well in the market, because despite what liberals tend to believe, his success in the market, isn’t causing anyone else to fail. Why should
he feel guilty if he is better at investing than someone else?

If soros does better in the stock market than i do, that’s one thing. soros collaborating with Nazis, is a wee bit different.

you people are completely insane. you’re comparing soros getting better investment returns than someone else, to collaborating with Nazis?

Ill ask again...what are you afraid will happen to you, if you admit that a normal person would feel some guilt for choosing ( even under godawful threats) to collaborate with Holicaust perpetrators? Do you think you’d die if you admitted he has a screw loose?
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How did Soros make a billion dollars in a day?
Others lost.
He's a trader, not an investor.
George Soros is most famous for his single-day gain of $1 billion on September 16, 1992, which he made by short selling the British pound. At the time, England was part of the European Exchange Rate Mechanism, a fixed exchange-rate system that included other European countries. The other countries were pressuring England to devalue its currency in relation to the other countries in the system or to leave the system. England resisted the devaluation, but with continued pressure from the fixed system and speculators in the currency market, England floated its currency and the value of the pound suffered. By leveraging the value of his fund, Soros was able to take a $10 billion short position on the pound, which earned him $1 billion. This trade is considered one of the greatest trades of all time, and Soros is often credited as the man who broke the Bank of England.

[Jim in CT]

Originally Posted by Pete F.

How did Soros make a billion dollars in a day?
Others lost.
He's a trader, not an investor.
George Soros is most famous for his single-day gain of $1 billion on September 16, 1992, which he made by short selling the British pound. At the time, England was part of the European Exchange Rate Mechanism, a fixed exchange-rate system that included other European countries. The other countries were pressuring England to devalue its currency in relation to the other countries in the system or to leave the system. England resisted the devaluation, but with continued pressure from the fixed system and speculators in the currency market, England floated its currency and the value of the pound suffered. By leveraging the value of his fund, Soros was able to take a $10 billion short position on the pound, which earned him $1 billion. This trade is considered one of the greatest trades of all time, and Soros is often credited as the man who broke the Bank of England.

"How did Soros make a billion dollars in a day?
Others lost."

The loss of others, was NOT a requirement for Soros to win. Like many ignorant people, you think the economy is a zero sum game. It's not. There's no mathematical law saying that someone has to fail in order for someone else to succeed. It's not finite. It's possible that every stock on the exchange can go up in a given day, that does NOT mean anyone else necessarily lost anything. How can you not get that?

Others losing, isn't "how" he won, not unless he cheated. Are you saying he cheated? Was he involved in a 'pump and dump'?

He bet the value of the pound would decrease. His bet, did not cause the pound to decrease.

[Pete F.]

Originally Posted by Jim in CT

"How did Soros make a billion dollars in a day?
Others lost."

The loss of others, was NOT a requirement for Soros to win. Like many ignorant people, you think the economy is a zero sum game. It's not. There's no mathematical law saying that someone has to fail in order for someone else to succeed. It's not finite. It's possible that every stock on the exchange can go up in a given day, that does NOT mean anyone else necessarily lost anything. How can you not get that?

Others losing, isn't "how" he won, not unless he cheated. Are you saying he cheated? Was he involved in a 'pump and dump'?

He bet the value of the pound would decrease. His bet, did not cause the pound to decrease.

He didn't cause it but it was basically similar to a pump that got dumped, done by the Bank of England to try and prop up the pound that he took advantage of. Others lost, he gained.
So, you're correct, he no more caused that loss than he caused the loss of property to the transported Jews.

[Jim in CT]

Originally Posted by Pete F.

He didn't cause it but it was basically similar to a pump that got dumped, done by the Bank of England to try and prop up the pound that he took advantage of. Others lost, he gained.
So, you're correct, he no more caused that loss than he caused the loss of property to the transported Jews.

"He didn't cause it but it was basically similar to a pump that got dumped"

But it didn't get dumped because of him. If he didn't contribut eto it, he has no reason to feel guilty.

"he no more caused that loss than he caused the loss of property to the transported Jews"

In the 60 Minutes interview, he didn't deny helping the Nazis seize Jewish property. He said he didn't feel guilty about it, which necessarily means he concedes that he did it. So I'm not sure how you seem to know more about his role, than he does.

If he didn't help the Nazis, he would have said "I didn't help the Nazis". What he said was that he helped them, and he doesn't feel guilty about it.

The liberals here are all over the place on this. The only thing you can agree on, is that you can't bear to admit what he himself admits.

[Pete F.]

Originally Posted by Jim in CT

"He didn't cause it but it was basically similar to a pump that got dumped"

But it didn't get dumped because of him. If he didn't contribut eto it, he has no reason to feel guilty.

"he no more caused that loss than he caused the loss of property to the transported Jews"

In the 60 Minutes interview, he didn't deny helping the Nazis seize Jewish property. He said he didn't feel guilty about it, which necessarily means he concedes that he did it. So I'm not sure how you seem to know more about his role, than he does.

If he didn't help the Nazis, he would have said "I didn't help the Nazis". What he said was that he helped them, and he doesn't feel guilty about it.

The liberals here are all over the place on this. The only thing you can agree on, is that you can't bear to admit what he himself admits.

Walk thru you logic
He didn’t cause the market loss no guilt
He didn’t cause the holocaust no guilt
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[spence]

Originally Posted by Jim in CT

Ill ask again...what are you afraid will happen to you, if you admit that a normal person would feel some guilt for choosing ( even under godawful threats) to collaborate with Holicaust perpetrators? Do you think you’d die if you admitted he has a screw loose?
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Do you ever contemplate that maybe you’re just wrong?

Snopes!
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[Jim in CT]

Originally Posted by spence

Do you ever contemplate that maybe you’re just wrong?

Snopes!
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i’m wrong very often. Not here.

What’s in this Snopes piece, which could possibly be more revealing, that wht Soros said himself?
‘Snopes’ isn’t a response. Give me some details.
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[wdmso]

Originally Posted by Jim in CT

i’m wrong very often. Not here.

What’s in this Snopes piece, which could possibly be more revealing, that wht Soros said himself?
‘Snopes’ isn’t a response. Give me some details.
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IT'S CALLED BEING 14 YEARS OLD ..... even if he moved 100 suit case's from 1 pile to another or just watched neither makes a 14 year old who is aware what will happen to him if they find out he is a JEW a NAZI Collaborator which you insist he is .....

History is full of people doing what was necessary to survive .. we all know why he's a conservative target... minus conservatives they have no idea

But are upset in another thread about the disrespect of Bushes service dog .... confused

[Jim in CT]

Originally Posted by wdmso

IT'S CALLED BEING 14 YEARS OLD ..... even if he moved 100 suit case's from 1 pile to another or just watched neither makes a 14 year old who is aware what will happen to him if they find out he is a JEW a NAZI Collaborator which you insist he is .....

History is full of people doing what was necessary to survive .. we all know why he's a conservative target... minus conservatives they have no idea

But are upset in another thread about the disrespect of Bushes service dog .... confused

no one is criticizing what he did at age 14. For the fifth time, you are intellectually unable to differentiate between what he did at age 14, and admitting as an adult that he feels no remorse about what he did at age 14.

Two different things. it’s not about what he did, not at all. It’s that he doesn’t feel bad about what he was forced to do. As steve croft said in the 60 minutes interview, being forced to collaborate with nazis as a kid, would send a lot of people ( all normal people) to the psychiatrists couch.

No one is attacking him for what he did at age 14. He’s being criticized for feeling no remorse about it as an adult. Those are two different things.
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