JUST A GUY WHO WANTS TO GIVE BACK – AT 7:15 P.M. ET: George Soros, the ultra-left international money trader, presents himself as just a rich guy who wants to help society. Yeah, right. His "helping" of society always seems to have an asterisk. The Washington Examiner reports:
George Soros -- whom we're always told is not serving his own economic interests at all by promoting liberal politicians and big-government policies -- is launching a new investment fund that plans to profit off of the "green energy" boom, which is entirely dependent on government subsidies supported by the groups Soros funds.
As the press release puts it, this fund will "leverage technology and business model innovation to improve energy efficiency, reduce waste and emissions, harness renewable energy, and more efficiently use natural resources, among other applications." As Soros puts it in the same release: “Developing alternative sources of energy and achieving greater energy efficiency is both a significant global investment opportunity and an environmental imperative.” Cadie Thompson at CNBC's NetNet flagged this.
So, yeah. The big-government policies advanced by the liberal outfits he funds -- like Center for American Progress -- will enrich the companies in which Soros is investing.
But this story gets better.
The press release casually mentions whom Soros is hiring to run this new fund: Cathy Zoi. As Cadie Thompson at CNBC's NetNet (edited by my brother John Carney), puts it,
Zoi was Barack Obama's "Acting Under Secretary for Energy and Assistant Secretary for Energy Efficiency and Renewable Energy." An Al Gore acolyte, Zoi was Obama's point-woman on subsidizing green tech. Now she's going to work for George Soros to profit off of subsidized green tech.
COMMENT: I'm just shocked by this. George Soros, a profiteer? My whole world view is shattered. Say it isn't so, George. Say you live in a one-bedroom apartment in a bad part of Brooklyn.
We now await the reaction of liberal "good government" groups. And we wait. And we wait. And we'll wait a long time because many of them are filling out their applications for Soros money.
The damge one man can do.
February 24, 2011 |