Using Soros Against Soros

"Many momentous historical developments occur without the participants fully realizing what is happening."

Thus wrote George Soros in The Alchemy Of Finance, which is almost universally hailed as utter brilliance.

Not by me. I feel it's utter bullshit.

Sorry.

Remember in the Godfather when Michael Corleone repeats what his father taught him? Keep your friends close and your enemies even closer.

THAT is why I keep Soros' quote on my blog. It's a reminder to keep my eyes and ears open at all times.

This is not a rant against the Occupy Wall Street protests other than an observation that I don't think they understand the real problem.

Fractional reserve banking is the problem. Wealth transfer is an age-old dream, not a solution.

The solution is to understand the problem, not to be a pawn in some socialist's personal agenda.

To be a pawn is to allow momentous historical developments to occur without you, the participant, fully realizing what is happening.

The Occupy Wall Street participants should occupy a library. There they might wish to read The Richest Man In Babylon. What was true 5,000 years ago is true today.

The poor will remain poor until they save a portion of their labor and invest it wisely.