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Wednesday, October 28, 2009
Soros Investing $50M in Anti-Capitalism School
Posted by: Meredith Jessup at 1:57 PM
Newsweek is reporting that liberals' favorite financier George Soros will be investing $50 million in establishing an "Institute for New Economic Thinking"--a place for research, symposiums, etc., "all in an effort to take back the economics profession from the champions of free-market zealotry who have dominated it for decades, and to correct the failures of decades of market deregulation."

View in ascending order View in descending order
arch writes: Friday, October, 30, 2009 12:41 AM
cavalier973
cavalier973 writes: Friday, October, 30, 2009 12:31 AM
vlad: the underlying theory
is described partially here: http://mises.org/story/3791


Arch says

cavalier973. You are wasting your time and keystrokes on Vlad. He is nothing but a convicted liar and fake. Ask him when was the last time he posted under the name Lucky Pozzo and got nailed for using the sock puppet to defend himself.
Seriously!
cavalier973 writes: Friday, October, 30, 2009 12:31 AM
vlad: the underlying theory
is described partially here: http://mises.org/story/3791

Diane writes: Thursday, October, 29, 2009 12:05 PM
Instit for Neutered Thinking
Shouldn't it be called "The Institute for 'Neutered' Economic Thinking?"

Let me guess... Krugman is on board?
vladimir estragon writes: Thursday, October, 29, 2009 11:16 AM
ray
"You may think "new economic thinking" won't be Marxist. You're entitled to your opinion."

And you may think that challenging "free market zealotry" and anti-regulation is "Marxism." You're entitled to your opinion, too.

Actually, I would guess that just about anything you disagree with is "Marxist."
SJA writes: Thursday, October, 29, 2009 10:53 AM
ray
Thanks for your post. Soros is nothing more than an arrogant manipulator. He has invested some money in a man (Obama) who he knows will make sure that he gets a big return.
ray writes: Thursday, October, 29, 2009 10:40 AM
Vlad
You may think "new economic thinking" won't be Marxist. You're entitled to your opinion.
ray writes: Thursday, October, 29, 2009 10:33 AM
Soros is an international criminal.
Soros, with his currency manipulations subverted at least two post Soviet Eastern European governments.

"Promoted freedom and democracy" indeed! He made $1.5 billion against the dollar last year and is set to make huge profits when the Obamanable Administration collapses the dollar over the next 2 years.
Johnny writes: Thursday, October, 29, 2009 10:33 AM
Irony
No, I do not fawn over Soros and Obama. I actually don't know much, or care much, about George Soros. I do, however, know enough to enjoy irony when I read it. And accusing Soros of being a communist sympathizer is highly ironic.
Seadog writes: Thursday, October, 29, 2009 10:31 AM
Ray
Thanks for the info.

I knew I'd read about it, but couldn't remember the particulars.
vladimir estragon writes: Thursday, October, 29, 2009 10:30 AM
Ray
"A school to teach Marxism?"

Where did you get that from? There's nothing in this story about "teaching Marxism."

ray writes: Thursday, October, 29, 2009 10:23 AM
Boycott
This term came about over a dispute in Ireland in the 19th century. An English landlord was unfair and highhanded with his tenants eventually taking a horse belonging to one to win a race. Local people were so incensed they would have nothing to do with him...stopped working on his land, his house, or caring for his livestock. Eventually he couldn't even get food and had to leave the country. This landlord's name was Captain Boycott.
SJA writes: Thursday, October, 29, 2009 10:10 AM
Johnny
So you fawn over both Obama and Soros I see.
ray writes: Thursday, October, 29, 2009 10:07 AM
So what's new?
A school to teach Marxism? Almost all of them do now. Schools which teach anything but can be counted on one hand.
Johnny writes: Thursday, October, 29, 2009 10:06 AM
Completely Totally Wrong
Ah, ignorance ...sigh... Soros promoted freedom and government accountability in Eastern Europe. He spent tens, probably hundreds of millions of dollars on this very worthy task.

Far from promoting Communism, he did more transform ex-communist countries into democracies than any other *single person* in the world.

western bondbeam writes: Thursday, October, 29, 2009 9:53 AM
If Soros
is a "spread the wealth" kinda guy, he should put his money where his mouth is and give his fortune away. It's just not fair that he has all that money. Come on George....spread it around.
vladimir estragon writes: Thursday, October, 29, 2009 9:52 AM
cavalier
""...you can't have "free market capitalism" without government regulation." Try this: http://jim.com/wild_west.htm

Interesting article, and a worthwhile contribution to the discussion. Haven't read every word yet, just skimmed through it.
SJA writes: Thursday, October, 29, 2009 9:25 AM
Johnny
So your good with Soros spending money to promote socialism in the US?
Joycey writes: Thursday, October, 29, 2009 9:24 AM
Johnny
Why do you support Communism? Soros has never done any good.
Johnny writes: Thursday, October, 29, 2009 9:16 AM
Soros
If you believe in free markets and freedom, than a very rich man can do what he pleases with his money. Right?

Also, Soros did some tremendously important and good work in Eastern Europe with his Open Soceity. Really it was precisely the sort of thing most townhall readers should praise.

So why the hatred?
Brad writes: Thursday, October, 29, 2009 8:56 AM
What about an anti-liberal school?
We Americans should invest money in an anti-liberal school. We can show reality clips from Detroit, New Orleans, and Baltimore as proof that liberalism fails!!!
greg writes: Thursday, October, 29, 2009 8:55 AM
Soros
What ever happened to logical, factual, non
emotional comments to those you disagree with?

I was hopeful we would lessen polarization; nt
so!
SJA writes: Thursday, October, 29, 2009 8:46 AM
mike
Right you are. Soros made his and now he wants to screw the rest. Fine man that he is.
mike writes: Thursday, October, 29, 2009 7:14 AM
ANTI
Wouldn't funding(capital) an ant-captitalist institiute, be anti-anti-capitalist, or for it.
Soros just might be the king of smelly underwear, a Hitler wanna be. A twisted deviant, intent on committing rape on the economy. He's ant-capital, against your capital, but he's pro-capital when it comes to his money.
cavalier973 writes: Thursday, October, 29, 2009 1:39 AM
From the article I linked above
"Moreover, the services of trained lawyers were not welcomed in many of the campus and even forbidden in districts such as the Union Mining District.
'RESOLVED,that no lawyer be permitted to practice law in this district, under penalty of not more than fifty nor less than twenty lashes, and be forever banished from this district.'"

Sweet justice
arch writes: Thursday, October, 29, 2009 1:30 AM
Spontaneous
Spontaneous writes: Thursday, October, 29, 2009 12:07 AM
Nee-jerk
You fall for the Meredolt lies every time. Shows how little you know outside your insular wingnut bubble.

Arch says


Sponaneous. Nee knows enough to not believe your failed leftist policies! What happened to you?
arch writes: Thursday, October, 29, 2009 1:27 AM
Spontaneous
Spontaneous writes: Thursday, October, 29, 2009 12:03 AM
Yesssssssss
Because free-market zealotry is what got us in the Bush/Reagan economic nightmare. George Soros is one amazingly progressive individual. He makes Friedman, Greenspan and all the rightwing buffoons who screwed up our economy so royally look like mental midget morons.

Arch says

You only say that because Soros is your daddy!
cavalier973 writes: Thursday, October, 29, 2009 1:19 AM
vlad
"...you can't have "free market capitalism" without government regulation."

Try this: http://jim.com/wild_west.htm
tribeck writes: Thursday, October, 29, 2009 12:16 AM
Why is it
those who fund socialism are the ones who benefited FIRST from capitalism. Winfrey, Moore, Soros, Gates, Kennedy's et. al are all beneficiaries of free markets and now that they have arrived into the 'triple digit' millionaire club or billionaire they want OTHERS to focus on socialism.

Maybe the govt. will pay middle class americans to enroll and graduate from this fine institution of socialism. Then they can grow up to work for the govt. for a not so fair wage and send their kids to this great school of socialism. THE CAT IN THE CRADDLE........
Spontaneous writes: Thursday, October, 29, 2009 12:07 AM
Nee-jerk
You fall for the Meredolt lies every time. Shows how little you know outside your insular wingnut bubble.
Spontaneous writes: Thursday, October, 29, 2009 12:03 AM
Yesssssssss
Because free-market zealotry is what got us in the Bush/Reagan economic nightmare. George Soros is one amazingly progressive individual. He makes Friedman, Greenspan and all the rightwing buffoons who screwed up our economy so royally look like mental midget morons.
enemaofthestatistquo writes: Wednesday, October, 28, 2009 11:55 PM
I left...
Atlanta Casualty Insurance in 2003, then & probably still; a sister company of Progressive Ins., a part of high risk insurance companies, Infinity Group- further a subsidiary of American Financial Group(AFG) of Cincinnati, OH which was founded by the Lindner family,they probably still own majority or controlling minority interest in AFG, Family personally(?) owns the Cincinnati Reds and Great American Ballpark.
Seadog writes: Wednesday, October, 28, 2009 5:53 PM
sceptyczny
Yeah, I thought about that later. Think it had something to do with the cotton mills or some such in England. Could be wrong about this too.
sceptyczny writes: Wednesday, October, 28, 2009 5:27 PM
seadog
I totally agree with you. But I think boycott was actually someone's name, and it started in UK or something, if I remember my history at all.

That's why I got mad when companies withdrew their ads from Beck's show. Why not?
Seadog writes: Wednesday, October, 28, 2009 5:16 PM
sceptyczny
"so you agree with me that boycotts are as American as apple pie?"

Call it what you want, but I'm not going to give any money to someone out to do me or mine harm. Most ideas and tactics of liberals are bunk!

And, yeah, far as I know boycotts originated in the USA. I could be wrong about this . . .
sceptyczny writes: Wednesday, October, 28, 2009 4:35 PM
seadog
so you agree with me that boycotts are as American as apple pie?
Seadog writes: Wednesday, October, 28, 2009 4:28 PM
sceptyczny
"Progressive Insurance any of you have that? It is Soros owned. Better boycott it."

I didn't know Soros owned it, but I know the fellow who was operating it when Kerry was running for president made a huge contribution to Kerry.

My daughter bought a new car in that time frame and I asked her what insurance she was using. She said Progressive. I told her to get rid of it -- NOW, then I told her why. She said: "Yes, Daddy. Should I get GEICO?" I told her I really didn't care so long as it was not Progressive.

Called my other kids, but none had progressive.

I still bad mouth that company every chance I get and will continue to do so.

Kerry - liberals -- BIG UGH!

Oh, stopped going to Lowes too -- supporter of left-wing programs. I had bought a bunch of stuff off of Lowes in recent years too. Number One Son is a contractor -- no more Lowes!
Cicero writes: Wednesday, October, 28, 2009 3:42 PM
Economics 101 from Estrogen
[[I'll grant you it sounds counter-intuitive, but you can't have "free market capitalism" without government regulation.]]

Blathermir's special subject: The Bleeding Obvious
Tom Ketchum  writes: Wednesday, October, 28, 2009 3:25 PM
septic 2:20 PM
great article ,i've been arguing all along that we really don't have free markets and thats what the problem is we need more deregulation and truly free markets .
MaineConservative writes: Wednesday, October, 28, 2009 3:16 PM
scept
Already cancelled my policy months ago...but thanks for the update in case others were unaware.
Riders on the Storm writes: Wednesday, October, 28, 2009 3:10 PM
scepty
That's a great article, but why did you link it? It supports the conservative (read limited government) position.

As for Soros funding this anti-free market school, is anyone surprised that he is attacking the very system that made him rich? He doesn't want anybody else to get rich now. Kind of like those environazis who seek to stop development on Cape Cod AFTER they have bought their beachfront properties.
sceptyczny writes: Wednesday, October, 28, 2009 3:10 PM
Progressive Insurance
any of you have that? It is Soros owned. Better boycott it.
vladimir estragon writes: Wednesday, October, 28, 2009 2:58 PM
Here's a little secret
I'll grant you it sounds counter-intuitive, but you can't have "free market capitalism" without government regulation. Otherwise the cavemen would have been selling mastodon belly futures to each other.
Cicero writes: Wednesday, October, 28, 2009 2:47 PM
Val "writes"
"Predicatble."

Huh?
Cicero writes: Wednesday, October, 28, 2009 2:45 PM
Blathermir Estrogen writes. . .
"It's not 'anti-capitalism,' and Meredith knows that perfectly well."

Hmmmmm. Seems pretty opposed to classical free market economics to me:

http://www.pnnonline.org/article.php?sid=9106&mode=thread&o rder=0&thold=0

Essentially appears to be an outfit that favors more government regulation. May not be socialist, but it would appear that Meredith is more or less correct when she says it's "anti-capitalist."

And besides, if Soros likes it, it can't be good.

I fantasize about Soros getting run over by an onion truck.
Val writes: Wednesday, October, 28, 2009 2:45 PM
"far right boogeyman"
yup no wing nut rant is complete without a mention of George Soros these days.

"Predicatble."
vladimir estragon writes: Wednesday, October, 28, 2009 2:25 PM
Lying headline du jour
"Soros Investing $50M in Anti-Capitalism School"

It's not "anti-capitalism," and Meredith knows that perfectly well. Town Hall's mission statement, though, is "rouse the rabble in any way possible."
Bill writes: Wednesday, October, 28, 2009 2:20 PM
More irony
Soros is "investing" in a school to teach a new view of economics (which really isn't that new, just forgotten because of its previous failings). I assume there is a payoff somewhere. Isn't that capitalistic?
sceptyczny writes: Wednesday, October, 28, 2009 2:20 PM
the truth about Soros
http://money.cnn.com/2009/10/28/markets/markets_blame_crisi s.breakingviews/

free markets are not free. You're all being scammed too.
cavalier973 writes: Wednesday, October, 28, 2009 2:18 PM
Ha Ha
The only true believers in a free market are the devotees of the Austrian School. The rest of the field support government intervention and control to a greater or lesser extent (even Milton Friedman thought government should control the money supply, which is an invention and tool of the marketplace).

Those in government have wholly adopted some version of Keynesianism, anyway, since it grants government officials some sort of hyperintelligence to manage the decisions of millions of individuals, which is ego boosting for those officials.
Nee writes: Wednesday, October, 28, 2009 2:16 PM
Follow the Money
The biggest fuc*ing hypocrite is funding an anti-capitalism school?
What a farce. Okay Goergie-boy...Pony up the rest of your money and just give every American a chunk why don't ya? Capitalism sucks and we all should look out for each other, right?

Don't worry, I won't be waiting by the mailbox for my check to come. I'd rather be working
GFC Man writes: Wednesday, October, 28, 2009 2:15 PM
Irony
A filthy rich, extremely greedy man who acquired his forture by essentially destroying other people's money starts a school to preach against doing what he did. Or even worse getting rich by offering a product people want at a price they can afford.
Charles Sch writes: Wednesday, October, 28, 2009 2:15 PM
Wow
The coldest, most blood thirsty, mercenary, manipulative, etc is pushing anti-capitalism?

This is like a farmer talking sheep into the fattening pen.

Oh. Now it makes sense.
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