Thursday, May 3, 2012

Wisconsin GOP aims to silence Tea Party and prop up Country Club, Country Club GOP Eric Cantor in nationwide fight to silence Tea Party

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5/2/12, "Will The Tea Party Fight or Retreat?" Erick Erickson, RedState.com

"Last night in Wisconsin the state Republican Party tried a few parliamentary maneuvers to drive tea party members from the ranks of the GOP. For reasons I cannot begin to fathom, the Wisconsin GOP seems willing to sacrifice tea party energy in the Scott Walker recall in order to save Tommy Thompson’s Senate bid.

In Indiana, Eric Cantor has weighed in on behalf of Barack Obama’s favorite Republican Senator, Dick Lugar. Just as every major conservative group lines up with Richard Mourdock, Eric Cantor begins urging Democrats to turn out for Lugar.

But Indiana and Wisconsin are not the only playing field. More and more reporters are rumbling that Eric Cantor is going to actively engage in House races to combat the tea party. He wants a more docile, pliable, controllable caucus — one that will do as it is told by its party leaders, not its constituents.

The proof of this is in North Carolina’s 8th Congressional District.

If the Tea Party wants to fight it out instead of retreating, it needs to support Dr. Scott Keadle in North Carolina.

Frankly, given just how terribly Rene Elmers has treated the tea party that worked so hard to get her elected, going all in for Dr. Keadle might also be somewhat cathartic.

Keadle’s opponent is Richard Hudson. There are many testaments to Hudson being a good man and I won’t dispute them. But what is certain is that Eric Cantor, who in Indiana wants Democrats to save Richard Lugar, wants people in North Carolina to support Richard Hudson.

Consider that it was Club For Growth endorsed candidates holding the line on the debt ceiling when everyone else was caving.

Consider it was Madison Project championed candidates who, when everyone else was giving in to spending deals, were willing to hold the line and demand the Democrats spend less.

The Club For Growth, the Madison Project, and scores of other free market conservative groups are backing Dr. Keadle. We have the opportunity to pick this seat up from a Democrat and, even better, replace that Democrat with a conservative willing to stand up to his own party against its big spending too.

Or . . . we can settle for another yes man for Eric Cantor."

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Ed. note: Tea Party people simply want this country to stop being bullied by the America last, globalist billionaire agenda. For example:

4/24/12, "Soros: ‘A sovereign that can print the money can’t default, will never default.’," LibertyFeatures.com, Bill Wilson

Soros from his Bully Pulpit seems to say nothing matters if you have printing presses. Many agree with him and find nothing wrong with driving this country into misery and depravity. Those who object to a suicidal and homicidal agenda are demonized as extremist lunatics. The Tea Party is willing to withstand media attacks, the Country Club GOP is not. Today if you don't bow to convicted felons and sociopaths you're the bad guy.

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10/7/11, "Court upholds Soros insider trading conviction," The Western Australian

European Court of Human Rights upholds 2002 French conviction.

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4/26/10, "Budapest court upholds fine against Soros Fund for market manipulation," RealDeal.hu

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12/21/2002, "Soros Is Found Guilty in France On Charges of Insider Trading," NY Times, J. Tagliabue

"In 1979, he signed a consent decree with the Securities and Exchange Commission in a civil proceeding relating to his trading in the stock of an American computer manufacturer that was about to issue fresh shares. Commission officials contended that Mr. Soros had sold shares to push down the price of the new shares.

Mr. Soros acknowledged no wrongdoing, but agreed not to engage in similar practices in the future. Unlike American law, French law does not provide for civil enforcement actions in insider trading cases"....NY Times

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2002, "George Soros convicted of Insider Trading in France," Guardian UK

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1997, "Soros Institute fined $3 million for currency exchange violations by Belarus," NY Times

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6/14/06,"Soros has often drawn criticism for speculating heavily on the collapse of fragile currencies." NY Times

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3/24/2005, "Soros French Insider Trading Conviction Upheld (Update3)," Bloomberg,

"For more than two decades, Soros has used his wealth to influence governments."...

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Soros says election of Obama and financial crisis were culmination of his life's work, also says he influenced TARP during Bush administration:

3/20/2009, "Soros interview, part one," The Australian, Peter Wilson

"Q: So do you have a sense that things are coming together for you now?

Soros: It is in a way a culminating point of my life’s work, so to speak.

Q: Everything is coming together.

Soros: Yeah, the American election, the financial crisis, the theory of reflexivity. So it is actually a very stimulating period.

Q: Will you be having any input with the Obama administration?

Soros: Well, at least I will get a hearing....But interestingly for the first time I actually had an effect on policy in connection with TARP (Troubled Asset Relief Program) because when Secretary Paulson proposed using it for the buying of toxic assets I wrote an oped piece pointing out that that is the wrong way to go and the Democratic majority in Congress inserted language which allowed the Treasury to use it for equity and actually Paulson then changed his mind and used it for equity although he didn’t do it the right way. But I would say that was the first experience in my life, maybe there were some others but that was the first when I really felt that I did actually succeed in influencing policy.

Q: Hopefully there will be a few more?

Soros: I am working on it."

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Ed. note: Partial credit goes to decades of weak politicians who sold out to Soros.

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A Malaysian official tried to protect his country's currency from speculation so Soros called him a "menace."

12/6/1998, "The man who broke the Bank of England," BBC

"Hedge funds can cause currency movements in minutes
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"This week sees the arrival in Britain of George Soros - the international speculator who now aims to reform global capitalism. He will be addressing the House of Commons Treasury Select Committee, and giving a number of press interviews,

  • on the dangers of unregulated free markets.

Mr Soros, who operates one of the world's biggest private investment funds, is famous for having made $1bn by betting on the devaluation of the pound sterling in 1992.

His Quantum Investment Fund claims to be the world's most profitable. This year, an article he wrote in for the Financial Times newspaper on the need for Russia to devalue its currency precipitated the fall of the Russian Government, a massive default on its debts, and widespread financial panic....

He set up the Quantum Fund in 1969 as one of the world's first hedge funds. Registered in Curacao in the Caribbean, but run from Manhattan, the fund took money from rich individuals and invested in risky, but potential highly profitable international deals.

The fund profited hugely from the collapse of fixed exchange rates in the l970s and the deregulation of global capital markets. By l980 Soros was worth $25m and his fund $100m. ...

But he is part of a group of international private investors with an estimated $100bn in assets who can

  • significantly affect global markets.

In September, another hedge fund, Long Term Capital Management, had to be rescued by the world's major banks for $3bn - at the behest of the US Federal Reserve - because of

  • the risk to the whole world's financial system if that fund were to fail.

In October, Mr Soros had to restructure his own investment companies. He closed the Quantum Emerging Growth Fund, which lost one-third of its value after taking a big loss on its Russian investments, and merged another, after disclosing losses of $2bn.

It has perhaps been the experience of the past year, where global financial turmoil swept through the markets, that has led to his call for further international regulation of capitalism.

What Soros fears more than anything else is a protectionist backlash which would close markets and lead in his view to the strengthening of authoritarian regimes.

He has clashed repeated with Dr Mahathir Mohamad, the Prime Minister of Malaysia, who has imposed capital controls on his country's currency. Dr Mahathir has criticised "immoral financial speculators" while Mr

  • Soros has described Dr Mahathir as a "menace to his country."

Many of George Soros's prescriptions for reform - for more information about bank lending in developing countries, and for an IMF lending facility to prevent crises -

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Soros political funding group Democracy Alliance demands secrecy:

7/16/06, Washington Post: "A New Alliance of Democrats Spreads Funding," by Jim VandeHei and Chris Cillizza

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4/1/2010, "The Obama Coalition," The Atlantic, Thomas Byrne Edsall

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