Billionaire George Soros gave advice and direction on how President Obama should allocate so-called “stimulus” money in a series of regular private meetings and consultations with White House senior advisers even as Soros was making investments in areas affected by the stimulus program.
It’s just one more revelation featured in the blockbuster new book, Washington, Throw Them All Out, authored by Breitbart News editor Peter Schweizer, reports FOX News.
Soros met with the President’s top economist on February 25, 2009 and twice more with senior officials in the Old Executive Office Building on March 24th and 25th as the stimulus plan was being crafted. Later, Soros also participated in discussions on financial reform.
How did he benefit from these meetings?
in that first quarter of 2009, Soros went on a stock buying spree in companies that ultimately benefited from the federal stimulus.
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1 comment:
Ok ok, so wait. Obama talks up a stimulus plan that includes massive spending on infrastructure and green technology, something clearly telegraphed during his 2008 run, and we are surprised that an investor snatched up stocks of companies directly involved in these activities? I can imagine if one looks at each of these companies stock track, they all went up around the same time period which reflects that Soros wasn't the only one seeing them as hot buys.
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