Obama’s Exclusive George Soros Waivers

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“Millionaires and billionaires,” President Obama says derisively, must make more “sacrifices” and live by the same rules the rest of America lives by. But there are seven little words that will never appear on the White House teleprompter: “And that means you, too, George Soros.”

For all his (and his wife’s) bashing of greedy Wall Street hedge-fund managers, Obama has shown nothing but love to the world’s most famous hedge-fund mogul. The feeling is mutual and deep(-pocketed).

Soros and his family shelled out $250,000 for Obama’s inauguration, $60,000 in direct campaign contributions and untold millions more to liberal activist groups pushing the White House agenda. While the class warrior-in-chief assails conniving financiers who exploit loopholes and corporate titans who imperil the planet, he lets the Soros exemptions to his attack-the-rich rules slide like butter on a hot plate.

This week, for example, Soros announced he was “quitting” the hedge-fund industry. The headlines emphasized his decision to return about $750 million to outside investors (a drop in his $30 billion bucket of personal wealth). He’s reconstituting the business that landed him on Forbes magazine’s “wealthiest people” list as a “family” interest. But the move has “self-serving politics” written all over it.

Over the past year, Soros provided coveted support for Obama and the Democrats’ Byzantine financial “reforms” under the sweeping Dodd-Frank law. He preached to financial publications around the world about the need for increased regulatory controls over his industry.

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  • Angel

    The Petrobras happened as they were closing down the gulf and destroying off shore drilling killing 10s of thousands of jobs. I my opinion, this was nothing short of a criminal act. The US granted PetroBras 2 billion in loan guarantees while closing done our industry in the gulf. Does that seem right to you?

  • Zinnia2

    yes, the Love of money is the root of all evil… he's obviously got control of the wh, and looks like much of congress to get the financial reform bill thru – so why would they investigate or press charges against him… it is so infuriating and disheartening to think there is no integrity in DC anymore – it's all about K-street – forget the People who are the economy and pay the taxes…

  • StephenD

    Money still talks …even in a Communist world.

  • George

    Sorros has always said that the United States is the one thing that is in the way for a New World order. Now Sorrors has his man in the WH and in his pocket….. think there is a reason why POTUS doesn't have a plan for saving this country from economic collapse? SORROS!!!!!!

  • tanstaafl

    More and more, Soros strikes me as a bad guy in a James Bond movie. When is 007 going to drive up in his Austin Martin and save the world as we know it?

    I wouldn't count on Eric Holder and the DOJ.

  • scum

    You're wrong again Michelle. If you look beyond O's empty rhetoric, you can see that he pandered to the Right by bailing out a handful of greedy CEO's who flew to D.C. begging for handouts. You can see that O has failed to eliminate the Bush tax cuts that offered pennies to the poor in exchange for millions for the few. But of course, you don't bother to look at the facts, as usual.

    • Patriot

      Boy, your name kinda' fits your reply…..You must be one of the people hired by Soros to beat down anything that is not in favor of the great O that you sing about….By the way, what are you going to do or where are you moving to after we sink into the mud? If you have studied or researched any thing in history, you must know that this "social injustice" or spread the wealth never works because the government in it's desire to spend money always runs out….this has been going on since Rome tried it centuries ago to CONTROL (magic word) their people….oh well, I guess you think you are one of those that will be a part of the wealthy that survives off the backs of the "serfs" left behind after the big O and Soros and others ruin us…..Tradegy greater than Rome….

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