George Soros Puts $50 Million Towards Attacking The Free Market

October 28, 2009 · Filed Under Politics

Commie Pinko George Soros has a brand new idea for destroying America and he’s putting $50 million behind it.

According to Newsweek, Soros aims to “purge” economics of its “free-market zeal”. In other words, Soros wants to dismantle free market capitalism as we know it.

Now financier George Soros is announcing a $50 million effort to speed things along. This week Soros is gathering some of the leading practitioners of the market-skeptic school, who were marginalized during the era of "free-market fundamentalism," among them Nobelists Joseph Stiglitz, George Akerlof, Michael Spence, and Sir James Mirrlees. He’s also creating an "Institute for New Economic Thinking" to make research grants, convene symposiums, and establish a journal, all in an effort to take back the economics profession from the champions of free-market zealotry who have dominated it for decades, and to correct the failures of decades of market deregulation. Soros hopes matching funds will bring the total endowment up to $200 million. "Economics has failed not only to predict and explain what happened but has also failed to protect society," says Robert Johnson, a former managing director at Soros Fund Management, who will direct the new institute. "That’s what the crisis revealed. The paradigm has failed. There is no guidance."

George Soros has spent years and hundreds of millions of dollars trying to destroy America — so this is nothing new. What is new is that for the first time we have a president who actually agrees with him.