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eproxy100
08-02-2010, 10:23 AM
YouTube - Hugh Hendry Sees Opportunities to `Short' Credit in Asia (http://www.youtube.com/watch?v=I8snTSBLOX4)

Hugh Hendry in reference to George Soros and other super rich:
"The richest people in the planet become socialists.
Socialism is a great thing for george.
I want it. I want to bring george down; I want george's reputation.
But george is now embracing socialism.
What is socialism? Socialism is when you build a moat around the castle.
I'm spending all of my time trying to decide where I'm gonna live cuz taxes are so high in this country, and less of my time trying to work out how to surpass soros..."

In other words, socialism protects the richest of the rich from competitors.

Too bad not more people understand/care about this.