One World Government? UN, Obama, Soros, & Bush?

Bush Embraces Obama's Socialism

October 26, 2008
By Cliff Kincaid

Mysterious Meltdown

Incredibly, we have no definitive explanation of why a global financial crisis suddenly materialized just six weeks before U.S. presidential and congressional elections. Instead, controversial hedge fund operators like George Soros, an Obama backer who was convicted of insider trading in France and was in the news earlier this year for his possible role in betting on a U.S. economic collapse, have largely escaped scrutiny.

"The House Committee on Oversight and Government Reform is scheduled to hold a hearing about regulation next month with five hedge fund managers," including Soros, the New York Times reported last Wednesday. Soros is one of several hedge fund operators who reportedly made more than $1 billion last year. But this hearing could occur after the elections and after the Soros-supported Democrats take the White House and increase their numbers in Congress.

Soros is being treated deferentially by such media personalities as Bill Moyers of the Public Broadcasting Service and Fareed Zakaria of CNN.

"In the interest of full disclosure," declared Moyers before his Soros interview, "you should know that I served three years on the board of George Soros' foundation, the Open Society Institute, dealing with such issues as a free press, the rule of law, and human rights. But I've had no involvement in his political activities and nothing to do with his business interests unfortunately."

No involvement in his political activities? The Open Society Institute was designed to promote his political activities. Who does Moyers think he's kidding?

While the media and Congress seem reluctant to get to the bottom of what really happened, Bush participates in a masquerade of his own, giving lip service to capitalism while his administration takes us down the road of socialism. He seems to be acting like a puppet of Treasury Secretary Henry Paulson, the "Armand Hammer of Communist China," as Frank Gaffney once described him, alluding to the businessman who did favors for the Soviets. China's reported role in pulling the plug on the U.S. financial system, and Paulson's demand that he be given the ability to bail out foreign banks in China holding U.S. assets, cry out for media scrutiny. But Bush went along with Paulson's plan, which might be viewed as a comedy of errors were it not for the fact that many Americans are losing their life savings.

There was only one problem with the Bush/Paulson plan-socialism doesn't work.

Now, having failed on the domestic level to "rescue" the economy or anything else, Bush is counting on the "international community," largely populated by socialists, communists and assorted dictators, to figure everything out. This is one mistake on top of many others. But this mistake could not only compound the problem but leave us in the grip of global elites who intend to loot our wealth and savings to an even greater degree.

If Bush doesn't know what's going on, those on the international Left certainly do.