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#1 stocks

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Posted 19 June 2015 - 07:20 AM

The elite looters have a stunningly simple MO. Destroy a nation and its economy, and then swoop in and collect hard assets on the cheap usually with easy money due to proximity to central bankers. The goal that these connected money men want is a publicly sanctioned private looting.

The following comes from correspondence of the Hungarian-born billionaire, now naturalized American speculator, George Soros.

The hacker group CyberBerkut has published online letters allegedly written by Soros that reveal him not only as puppet master of the US-backed Ukraine regime. They also reveal his machinations with the US Government and the officials of the European Union in a scheme where, if he succeeds, he could win billions in the plunder of Ukraine assets. All, of course, would be at the expense of Ukrainian citizens and of EU taxpayers.



First appeared: http://journal-neo.o...-of-corruption/
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#2 colion

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Posted 19 June 2015 - 09:40 AM

CyberBerkut is a pro-Russian hacking group that targets NATO. So without confirmation from other sources a grain of salt might be in order.

#3 stocks

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Posted 19 June 2015 - 11:09 AM

Stanley Fischer's role in piratizing Russia's wealth

In the 1990s, a small coterie of economists at Harvard and MIT, such as Jeffrey Sachs, Larry Summers, Andrei Shleifer, Jonathan Hay, and Stanley Fischer, played a crucial role in recent history by advising the government of Russia to rapidly privatize its economy. Much of the wealth of Russia wound up being stolen by a tiny number of oligarchs.

From Wikipedia' article on Yegor Gaidar:

Gaidar was often criticized for imposing ruthless reforms in 1992 with little care for their social impact. Many of Gaidar's economic reforms led to serious deterioration in living standards. Millions of Russians were thrown into poverty due to their savings being devalued by massive hyperinflation. Moreover, the privatization and break-up of state assets left over from the Soviet Union, which he played a big part in, led to much of the country's wealth being handed to a small group of powerful business executives, later known as the Russian oligarchs, for much less than what they were worth. As society grew to despise these figures and resent the economic and social turmoil caused by the reforms, Gaidar was often held by Russians as one of the men most responsible.

Conversely, the slower pace of privatization in countries like Poland shows that the Rape of Russia didn't have to happen, or least not as disastrously.


http://isteve.blogsp...piratizing.html
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#4 stocks

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Posted 19 June 2015 - 11:26 AM

Note on the Mechanics of Looting Russia

Russia's privatization was the crown jewel for the communist to capitalist transition in eastern Europe. Russia was and is a commodities horse that in 1991, outside of the US-EU bloc, had a nice industrial base. No one knew valuations for the businesses. Harvard said they could help, and use their Institute for International Development to assist in the privatization planning and execution.

Familiar names like Jeffrey Sachs, Lawrence Summers (via US Treasury) and CFR member Anatoly Chubais tag teamed to loot the Russians and sell off public assets at low valuations. The key thing was shock therapy, which would quickly switch things from public to private management to improve efficiency and productivity.

This shock therapy sent many assets into the hands of a few billionaires. The racket was hard to stop with Yeltsin in power as Chubais was Yeltsin's guy. Harvard, Wall St, George Soros and privileged insiders connected to Chubais clique profited.



http://28sherman.blo...an-looting.html
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#5 stocks

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Posted 25 June 2015 - 06:21 AM

The elite looters have a stunningly simple MO. Destroy a nation and its economy, and then swoop in and collect hard assets on the cheap


Paul Singer's Vulture Hedge Fund

Argentina

Hedge-fund mogul Paul Singer, after an 11-year battle to collect on defaulted Argentine bonds — a fight that included three huge legal victories and a global hunt for assets — stands weeks away from possibly collecting $832 million on an estimated $48 million investment.

That’ s a 1,608 percent return — a huge payday, to be sure, but not even the biggest in Singer’s 37-year career.

Peru

Singer’s sovereign debt strategy first gained notoriety when Elliott bought defaulted Peruvian debt in 1996. Soon after, he testified in a New York court that “Peru would either pay us in full or be sued.” It was the first — and last — time the hedge-fund mogul ever would testify in a courtroom.

Singer won a $58 million judgment on debt in 2000 for which he paid about $11.4 million. Peru paid up after Singer used the same tactics that prevailed in the Argentina case.

Congo

The Republic of Congo was controversial for being one of the countries Singer targeted that was eligible for debt relief programs from the World Bank and the IMF.

It ended up settling with Singer for $90 million, after his fund threatened to expose government corruption its investigators uncovered. Singer paid less than $20 million for those bonds.


http://nypost.com/20...id-off-royally/
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Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#6 stocks

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Posted 30 October 2015 - 08:10 AM

Hungarian Prime Minister Viktor Orban accused billionaire investor George Soros of being a prominent member of a circle of "activists" trying to undermine European nations by supporting refugees heading to the continent from the Middle East and beyond.

"His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional European lifestyle," Orban said in an interview on public radio Kossuth. "These activists who support immigrants inadvertently become part of this international human-smuggling network."


http://www.bloomberg...o-weaken-europe
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Defenders of the status quo are always stronger than reformers seeking change, 
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#7 diogenes227

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Posted 30 October 2015 - 10:00 AM

And no one does this vulture stuff better than Big Petroleum.

VULTURES' PICNIC

The New York Times bestselling author of Armed Madhouse offers a globetrotting, Sam Spade-style investigation that blows the lid off the oil industry, the banking industry, and the governmental agencies that aren't regulating either.

This is the story of the corporate vultures that feed on the weak and ruin our planet in the process-a story that spans the globe and decades.

For Vultures' Picnic, investigative journalist Greg Palast has spent his career uncovering the connection between the world of energy (read: oil) and finance. He's built a team that reads like a casting call for a Hollywood thriller-a Swiss multilingual investigator, a punk journalist, and a gonzo cameraman-to reveal how environmental disasters like the Gulf oil spill, the Exxon Valdez, and lesser-known tragedies such as Tatitlek and Torrey Canyon are caused by corporate corruption, failed legislation, and, most interestingly, veiled connections between the billionaires of financial industry and energy titans. Palast shows how the International Monetary Fund, World Bank, World Trade Organization, and Central Banks act as puppets and bandits for Big Oil.

With Palast at the center of an investigation that takes us from the Arctic to Africa to the Amazon, Vultures' Picnic shows how the big powers in the money and oil game slip the bonds of regulation over and over again, and simply destroy the rules that they themselves can't write-and take advantage of nations and everyday people in the process.


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#8 stocks

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Posted 02 November 2015 - 11:37 AM

"His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional European lifestyle," Orban said in an interview on public radio Kossuth. "These activists who support immigrants inadvertently become part of this international human-smuggling network."


http://www.bloomberg...o-weaken-europe


Soros:

“Our plan treats the protection of refugees as the objective and national borders as the obstacle.”


http://www.breitbart...e-the-obstacle/
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Defenders of the status quo are always stronger than reformers seeking change, 
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#9 stocks

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Posted 05 November 2015 - 11:01 AM

Who is better at looting poor countries,

Paul Singer or George Soros?


Move over Singer and Soros, you've got competition.

The U.S.-based hedge fund, Gramercy Funds Management, is threatening to sue Peru for payment with interest of 40-year-old bonds from the agrarian reform.

The military dictatorship of President Juan Velasco expropriated 23 million acres of farmland in the country’s agrarian reform of the 1970s. Landholders received bonds with maturity dates of 20 to 30 years, on which the government defaulted in Peru’s ensuing economic crisis.

Gramercy began buying those bonds in 2008, just before the United States-Peru Free Trade Agreement took effect. Now Gramercy is looking to compel Peru’s government to pay $5.1 billion for the long-defaulted bonds.


http://perureports.c...agrarian-bonds/
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#10 stocks

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Posted 20 October 2017 - 06:35 AM

The Obama administration knew the Russians were engaged in bribery, kickbacks and extortion in order to gain control of US atomic resources — yet still OK’d that 2010 deal to give Moscow control of one-fifth of America’s uranium. This reeks.

 

Peter Schweizer got onto part of the scandal in his 2015 book, “Clinton Cash”: the gifts of $145 million to the Clinton Foundation, and the $500,000 fee to Bill for a single speech, by individuals involved in a deal that required Hillary Clinton’s approval. 

 

Hillary Clinton, again, sat on a key government body that had to approve the deal — though she now claims she had no role in a deal with profound national security implications, and during the campaign called the payments a coincidence.

The Obama administration — anxious to “reset” US-Russian relations — kept it all under wraps, refusing to tell even top congressional intelligence figures.


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Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.