George Soros Crafted Obama’s Stimulus, Then Invested in Companies that Benefitted from It


It’s just one more revelation featured in the blockbuster new book that continues to rock Washington, Throw Them All Out, authored by Breitbart News editor Peter Schweizer.

George Soros met with Mr. Obama’s top economist on February 25, 2009, and twice more with senior officials in the Old Executive Office Building on March 24th and 25th as the stimulus plan was being crafted.  Later, Mr. Soros also participated in discussions on financial reform.

Then, in the first quarter of 2009, Mr. Soros went on a stock buying spree in companies that ultimately benefited from the federal stimulus.

  • Soros doubled his holdings in medical manufacturer Hologic, a company that benefited from stimulus spending on medical systems
  • Soros tripled his holdings in fiber channel and software maker Emulus, a company that wound up scoring a large amount of federal funds going to infrastructure spending
  • Soros bought 210,000 shares in Cisco Systems, which came up big in the stimulus lottery
  • Soros also bought Extreme Networks, which, months later, said it was expanding broadband to rural America “as part of President Obama’s broadband strategy”
  • Soros bought 1.5 million shares in American Electric Power, a company Mr. Obama gave $1 billion to in June 2009
  • Soros bought shares in utility company Ameren, which bagged a $540 million Department of Energy loan
  • Soros bought 250,000 shares of Public Service Enterprise Group, 500,000 shares of NRG Energy, and almost a million shares of Entergy—all companies that  came up winners in the Department of Energy taxpayer giveaway that produced the Solyndra debacle
  • Soros bought into BioFuel Energy, a company that benefitted when the EPA announced a regulation on ethanol
  • Soros bought Powerspan in April 2009.  Just weeks later, the clean-energy company landed $100 million from the Department of Energy
  • In the second quarter of 2009, Soros bought education technology giant Blackboard, which became a big recipient of education stimulus money
  • Soros also bought Burlington Northern Santa Fe and CSX, both beneficiaries of Mr. Obama’s plans for revitalizing the railroads…

Read more from Wynton Hall at BigGovernment.com.

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Comments

  1. FREAKIN CRIMINALS!!! All who voted for this disaster may you see the error of your ways and NOT vote for him again. NO matter how many Hoagies he offers you. This is so appalling and still not one hair of movement to impeach this fraudulent crook. Shame on all of the liars and thieves in Washington…I have bad news for you, hell is not going to be what Ted Turner thinks…..but you'll all be in very elite company it looks like. Sold your souls to the devil……just a very short time and you'll see that 30 pieces of silver won't get you very far…..Just disgusting.

  2. They're sooooo obvious!…And to take the heat off,they have us focusing on Congress and their ability to trade on inside info without fears of retribution…

    Impeach this SOB and send him and his buddies to Guantanemo!

  3. It appears that George Soros is guilty of multiple felony counts for insider trading. Any bets on whether or not charges will be filed against him? If Martha Stewart had to do time for her insider trading crimes, then why should George Soros be treated any differenty? Putting him behind bars would be the final nail in Obam's coffin because he can't function without Soros telling him what to do.

  4. SEAN MURRY says:

    I knew that SOB Soros was behind this .

  5. Edwardkoziol says:

    Most hard working Americans knew Soros was behind the scene pulling Obumas penis and telling this brilliant leader what to and how to do it.Obuma doesn't have enough brains to pull this off.After all Obummer and his wife were just gang leaders(community organizers) and all you have to do is go back and read how these twu grifters did it.

  6. DEPORT SOROS AND OBAMA NOW GET RID OF THEM ALL WE CAN NOT WAIT ANY LONGER

  7. The more money he gets the more EVIL he can spread.

  8. What amazes me is George Soros was brought up many times during the campaign OB was running and it was
    thought then that he was OB's backer and OB his puppet. Now three years later we are beginning to hear some scoop and it's total corruption,,,so who's going to stand up and send Soros off to prison. It won't be the Democrats, you can bet on that. This man is evil and destructive, it is not he first attempt to ruin a nation, read articles of his history and you will know who this person is. Obama sold his soul to Soros and they both will pay for their abuse of powers in the end.

  9. suecitysue says:

    Soros has a face that would curdle milk.
    I'm supporting Santorum. If Romney gets the nomination I'll vote for him. I'll take a Mormon over a moron or a diaper head like BO.
    My kids have been warned if they vote for a democrat or get married to a democrat don't come home.

  10. Yet most people revere Soros as such an "smart" businessman; I didn't know that coortion, cheating etc. was a sign of brilliancy, I always thought it was a sign of a scoundrel, a maggot; to think I could too, have been an uncrupulos bastard with no principles or integrety and didn't even need to go to school for that! hmm.. you learn something new everyday and it most definetely speaks volumes about the integrety of those who deal with him or his associates: Obama, Romney, Santorum, Pelosi, Newt, Busch, Clinton,… the list is so long, I have not enough room to list them all, but I can name one that does not deal with the likes of him: Ron Paul. Could it be that's it why he is being kept in obscurity?? Ron Paul 2012 if you want to be free of all these maggots/maladies!! .

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