By Bob Parks ——Bio and Archives--March 26, 2009
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George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse. Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the global storm. But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion. And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year. 'It is, in a way, the culminating point of my life’s work,' he told national newspaper The Australian.Funny how people who make money are demeaned as evil, except when it's one of the people who fund them. And when you think about how many people worldwide have lost their jobs and had their lives totally disshevled because of the economic crash, while he brags about how it's "the culmination of his life's work", we really see what true progressives are all about.
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Bob Parks is a is a member/writer of the National Advisory Council of Project 21. Bob’s websites are Black & Right and youtube.com/BlackAndRight