Think about it. Soros has the ability to move markets, and had a major hand in the 1997 shenanigans that rocked the financial system. Paulson is a former Goldman head and a Democrat. What better way to secure the election of Obama than to create economic fear of collapse in the fall — which happened right on schedule. And, Schumer helped collapse a bank this summer with his public statements.
What I suspect happened is that the system was shakier than these geniuses thought it was and what was intended to be a bit of a fright-inducing downturn spiraled out of control when the truly sophisticated investors saw that the emperor had no clothes and bailed for the exists and cash.
Now, of course, the Democrats and Obama are riding the tiger — hoping to use the fear they’ve induced but has spiraled out of control to enact truly socialist and collectivist legislation that will fundamentally alter the republic.
I don’t like conspiracy theories as a general matter, but the timing of the mortgage and financial crises just smells bad.
