http://www.telegraph.co.uk/finance/financialcrisis/10684896/George-Soros-blasts-parasite-banks.html âThe banking sector is acting as a parasite on the real economy,â Mr Soros said in his new book âThe Tragedy of the European Unionâ. âThe profitability of the finance industry has been excessive. For a while 35pc of all corporate profits in the United Kingdom and the United States came from the financial sector. Thatâs absurd.â
when you think about it... it is amazing.. there is . producers and consumers.. and leeches. AKA the financial sector... they make money off thin air.. holy moly. ha ha.. and amazing that SOROS is telling us about leeches. eh??? wasnt he the biggest gambler himself.!
We are all hypocrites on some level. And what he is quoted as saying is still the truth. Because he made billions exploiting it , doesnt make it any less true. Most of us found Elite Trader from our own interest in actively investing & trading. All us hoping to one day get in front a $1 billion short trade because of an inefficient hole in the market.
<iframe width="640" height="390" src="//www.youtube.com/embed/jLZ_1ig5cUo" frameborder="0" allowfullscreen></iframe> The only way to make it hard, is for as many business moguls to open banks : may be some people will feel that enough is enough.
Like Buffet crying for stimulus, you know Soros is licking his lips, waiting for profitable trade whenever he says this stuff and recommends policy changes.
BofA to pay customers $727 million over credit card practices By Blake Ellis @blakeellis3 April 9, 2014: 2:24 PM ET "The Consumer Financial Protection Bureau has ordered Bank of America to pay $727 million to customers who were duped by the bank's illegal credit card marketing and billing practices." http://money.cnn.com/2014/04/09/pf/bank-of-america-refund/index.html