This page has been archived and commenting is disabled.

"Soros Put" Hits Record As Billionaire's Downside Hedge Rises By 154% in Q4 To $1.3 Billion

Tyler Durden's picture





 

A curious finding emerged in the latest 13F by Soros Fund Management, the family office investment vehicle managing the personal wealth of George Soros.

Actually, two curious findings: the first was that the disclosed Assets Under Management as of December 31, 2013 rose to a record $11.8 billion (this excludes netting and margin, and whatever one-time positions Soros may have gotten an SEC exemption to not disclose: for a recent instance of this, see Greenlight Capital's Micron fiasco, and the subsequent lawsuit of Seeking Alpha which led to the breach of David Einhorn's holdings confidentiality).

The second one is that the "Soros put", a legacy hedge position that the 83-year old has been rolling over every quarter since 2010, just rose to a record $1.3 billion or the notional equivalent of some 7.09 million SPY-equivalent shares. Since this was an increase of 154% Q/Q this has some people concerned that the author of 'reflexivity' and the founder of "open societies" may be anticipating some major market downside.

Then again, as the chart below shows, as a percentage of total AUM, the put position rose to 11.1% of his notional holdings. By way of reference, as of June 30 2013, his SPY put may have had a smaller notional value, but it represented both more shares (7.8 million), and was far greater as a % of AUM, at 13.5%.

Finally, remember that what was disclosed on Friday is a snapshot of Soros' holdings as of 45 days ago. What he may or may not have done with his hedge since then is largely unknown, and since there are no investor letters, there is no way of knowing even on a leaked basis how the billionaire has since positioned for the market.

That said, while the SPY puts are most likely simply a hedge to his overall bullish exposure, perhaps more notable was the $25 million call position that Soros put on the gold miners ETF which has been beaten into oblivion over the past year, in the fourth quarter. Does Soros think that it is finally the miners' turn to shine?

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 02/17/2014 - 13:24 | Link to Comment Blazed
Blazed's picture

Well now he can fund even more open third world immigration, protests, and chaos in Europe and elsewhere.

Mon, 02/17/2014 - 13:38 | Link to Comment ACP
ACP's picture

George "The Devil" Soros sure gets a lot of bang for his buck, doesn't he?

Mon, 02/17/2014 - 13:47 | Link to Comment Emergency Ward
Emergency Ward's picture

Yes he does, and he'll get Hillary back in 2016.

Mon, 02/17/2014 - 13:55 | Link to Comment HyBrasilian
HyBrasilian's picture

UNDEAD Soros betting on the UNDEAD SPY ~ Color me 'zzzzzzzzzzzzzzzzzzzzzzz'

Mon, 02/17/2014 - 14:11 | Link to Comment Never One Roach
Never One Roach's picture

Market fall?

No way! They told me so on MSM, "the stock market [like house prices] never drop."

See. Straight from the horses mouth.

Mon, 02/17/2014 - 14:17 | Link to Comment HyBrasilian
HyBrasilian's picture

Only an ashkenazi moron, or worse, [a moron who didn't even realize they were an askenazi], could POSSIBLY be interested in what UNDEAD 'Soros' does...

Mon, 02/17/2014 - 14:23 | Link to Comment walküre
walküre's picture

To everyone's demise the Ashkenazi are running the show. Not sure where you got a Brazilian done but it appears they waxed off too much.

Mon, 02/17/2014 - 14:35 | Link to Comment TruthInSunshine
TruthInSunshine's picture

The one, completely simple, and yet to never let me down in 3 major instances crash indicator (it has absolutely nothing to do with Soros) is flashing bright red, and I've allocated quite a bit of my money made in 2008 towards a heavy allotment of bear put spreads.

This is my first major entry into a one directional position into anything equities related since 2010.

Mon, 02/17/2014 - 14:37 | Link to Comment walküre
walküre's picture

Yup. The party is over. No significant potential to move to the upside anylonger. Question is not if, but when the dam breaks. Fed is already positioning accordingly. In addition to the stock market crash, I think we'll be seeing debt defaults everywhere including the US paper. The Fed doesn't want to hold this paper anymore than every other moneychanger. What's in it for them to hold crap at ZIRP and near ZIRP?

Mon, 02/17/2014 - 14:44 | Link to Comment TruthInSunshine
TruthInSunshine's picture

I could lose on this trade (placed, in large portion, over the last two weeks), but I can't resist making it given 3 for 3 major wins thus far.

The indicator I'm speaking of could not be more simple or more public (from a contrarian standpoint).

Mon, 02/17/2014 - 15:16 | Link to Comment walküre
walküre's picture

What's the indicator?

Mon, 02/17/2014 - 15:24 | Link to Comment TruthInSunshine
TruthInSunshine's picture

In assessing whether to answer that, the only genuine reason why I even hesitate to offer it up is because it is so rudimentary & non-technical, I actually fear it would cast me in a negative light - so it's my sense of pride that gets in the way, and that's quite pathetic.

Mon, 02/17/2014 - 15:28 | Link to Comment gmrpeabody
gmrpeabody's picture

Or..., maybe you should pull a "Turd" and start your own revenue producing site, and hosting like-minded editorials.

<sarc>

Mon, 02/17/2014 - 22:42 | Link to Comment Soul Glow
Soul Glow's picture

Gold is Money

For thousands of years gold was used as money.  It still is today considering it is used to balance all the central bank balance sheets of the world.  Without the United States Treasury's gold, the Fed would be all but bankrupt, as they (the private bank, as all central banks act outside government authority and have a board which in the Fed's case includes JP Morgan, Goldman Sachs, among others) use this position - of the government's gold - to make loans to China so they continue to buy our debt.

Just because FDR and Nixon - by fiat (by decree) decided not to pay debts in gold - does not mean gold is not money.  That would be a logical fallacy; it would be an appeal to authority.  Gold is money because it maintains its intrinsic value; and, by the way, fiat currency does not.  Fiat currency - and this is no ad hom attack, this is a fact - has no real value; it is paper, it is just an IOU and nothing else.  Who accepts IOUs?  Friends and maybe friends of friends, but not those people who do not know the person taking the loan.  In the case of the dollar, who knows how well America - and all Nation-States - can pay back their loans.

The Masters of the Paper Universe have derived enough paper assets to fill all the earths volcanoes and when people realize their dollar is far from valuable - their 401ks are used to manipulate asset prices, and the debt is unpayable - they will run for the exits, but by that time - the time the MSM has to admit they know nothing of finance and economics is uncovered as a great lie - it will be too late for them.

How many people own silver, let alone gold?  Imagine when the many join the few and invest in a form of wealth that maintains its intrinsic value....this will be very bullish for the precious metals; the crash will be like the Titanic and only a few of the many will get in life boats.

My friends, it is time to get in a boat.  It is time to get your family and friends in the same boat.  Buy silver, and buy gold; for our future, and yours.

Tue, 02/18/2014 - 08:13 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

 

George has been playing his new toy.......bitcoins.

 

For a fella like George....it's literally candy from a baby.

Tue, 02/18/2014 - 10:44 | Link to Comment Shocker
Shocker's picture

The market seems to goes up in bad and good news.

Job Picture - http://www.dailyjobcuts.com

-

Tue, 02/18/2014 - 12:48 | Link to Comment libertarianadvocate
libertarianadvocate's picture

Visiting that website breaks my heart.

Mon, 02/17/2014 - 15:33 | Link to Comment walküre
walküre's picture

Don't be goofy. Maybe your indicator no matter how silly you think it is has actually merit. Much of what we've discussed here and learned over the past few weeks has so much semblance of early 2008, it's outright creepy. How wrong can we be? 65 billion a month is the only thing holding this farce up. That is getting reduced further and further. No word from the Fed or the government about any stimulus to offset the declining economy. China is in the crapper and won't come to the rescue. There's not even a fake debt ceiling debate because they know this time is NOT A DRILL. This is the real deal. Fed will not come to bail out Uncle Sugar again.

Mon, 02/17/2014 - 16:08 | Link to Comment TruthInSunshine
TruthInSunshine's picture

I'm not a trader, as I like to believe that my (alleged) sanity will prevent me from doing nothing more than the equivalent of non-productive gambling in completely & totally rigged Casino "markets" (an insult to casinos everywhere, which at least ARE actually regulated).

However, I made a very nice pile of fiat paper 3x at or near peak bubble times prior, and swore I'd never talk specifics after a relative cursed me to eternal damnation because they pulled out of a heavily weighted put position (echoing whatI was doing, NOT speaking of - and with literal demands to know- and NOT even on my recommendation) with losses, in which they WOULD HAVE KILLED IT had they stayed the course for an additional 5 1/2 months

Mon, 02/17/2014 - 17:59 | Link to Comment walküre
walküre's picture

Well, take your secrets to the grave then. Sorry about your relative. At least you made money and learned a lesson. Hope your trade works out for all our sakes. If it doesn't, you may have to move in with said relative and that's your official end to a long life at ZH. The relative won't share wireless with you.

Mon, 02/17/2014 - 19:29 | Link to Comment Abi Normal
Abi Normal's picture

Yes, TIS, I will wish you smooth sailing then, me thinks I have a general, but certainly not exact, thoughts as yours.  I too have an indicator, I can feel it in my bones!

Good luck to you!

PS: Please forgive, if I have offended you, and others, I sometimes can be a real jerk.  Otherwise, we could have a figurative beer and laugh or two maybe, maybe not?

Pax to ya

Mon, 02/17/2014 - 21:14 | Link to Comment National Blessing
National Blessing's picture

My favorite country song is I Fall to Pieces.  Patsy Kline is the singer.

Tue, 02/18/2014 - 15:42 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Everyone is raggin' on me for not dropping more clues as to what my unproven warning sign is (1st mentioned in Soros' put thread), so, only due to my weakness to popular pressure -

A simple algorithm indexing Dan Zanger + Barrons, bitchez.

And that's the only clue I'm dropping, though it should be all anyone who is remotely familiar with irrationally priced (very much so) markets that are near their culling needs to know - IMO, YMMV, ETC

Mon, 02/17/2014 - 16:16 | Link to Comment kito
kito's picture

TIS, what if counterparty risk completely blows up??? makes 2008 look tame?? what of your trades then? wouldnt it be better to be out completely?? 

Mon, 02/17/2014 - 16:48 | Link to Comment TruthInSunshine
TruthInSunshine's picture

The CBs will never let all the "market makers," (Primary Dealers) that are bestowed with great privileges (too-big-to-fail-or-jail) for providing liquidity fail.

Of course, there is always the possibility that in preventing such failure, my returns come in the form of toilet paper.

Mon, 02/17/2014 - 17:27 | Link to Comment kito
kito's picture

but isnt that what you would expect to happen? shirley you dont think the big one would be nothing more than a downturn within the system of the status quo and life goes on??

Mon, 02/17/2014 - 23:15 | Link to Comment LMAOLORI
Tue, 02/18/2014 - 01:44 | Link to Comment imbtween
imbtween's picture

It's a friggin PUT. If it's in the money he's richer. If it's not he writes off the cost of the put - a few dollars. BFD.

Mon, 02/17/2014 - 14:43 | Link to Comment The_Ungrateful_Yid
The_Ungrateful_Yid's picture

They always have been running the freakshow but it doesn't matter, the sheep are so chemically subdued to do anything aout it.

Mon, 02/17/2014 - 15:06 | Link to Comment walküre
walküre's picture

Don't be a sheep then. You honestly think you can educate morons storming into a Walmart on Black Friday or idiots punching each other over the latest Nike product? Good luck trying. I'm happy my wife and kids have a sense of reality and know what's important. Can't save everyone.

Tue, 02/18/2014 - 13:01 | Link to Comment aubreyfarmer
Mon, 02/17/2014 - 16:01 | Link to Comment kito
kito's picture

HY!!!!!

in kabbalah,  JEWISH mysticism, there is a belief in REINCARNATION........... your presence here strengthens my belief in it!!!  

Tue, 02/18/2014 - 08:36 | Link to Comment cnmcdee
cnmcdee's picture

Word on the street about a false flag on 2-22 which will be a 3 cities strike 7X greater than 9/11..

 

Anyone else hear anything about this?

Mon, 02/17/2014 - 23:33 | Link to Comment runswithscissors
runswithscissors's picture

UNDEAD Soros...only one way to kill them:  a bullet to the head

Tue, 02/18/2014 - 03:59 | Link to Comment sylviasays
sylviasays's picture

How do you kill an evil vampire? Aside from staking them in the heart; there is the removal of the head that is also traditional. My personal favorite is to scatter gold coins in the road before them, near dawn. They are obsessed with counting, according to folklore, and will obsessively count the gold coins until the sun rises, which will destroy them.

However, vampires never really "die." Even dismembered vampires have gathered themselves back together again to play for another day. 

 

Tue, 02/18/2014 - 01:30 | Link to Comment jonjon831983
jonjon831983's picture

Were you referring to this? "Soros obituary published in error; financier is alive"

http://www.reuters.com/article/2013/04/18/us-soros-obituary-error-idUSBR...

Tue, 02/18/2014 - 01:11 | Link to Comment aerojet
aerojet's picture

I don't think so.  She's just too old and not photogenic enough.  Obama won because of his skin color and no other reason--middle class white women and minorities and idiot left-leaning youths voted for Obama.  The Clintons are damaged goods.  It's not happening.

Soros is 83.  I don't care how rich he is, I'm willing to bet he won't make it to 93.

Tue, 02/18/2014 - 02:05 | Link to Comment sylviasays
sylviasays's picture

Evil vampires don't ever really die.

Tue, 02/18/2014 - 03:01 | Link to Comment OldPhart
OldPhart's picture

Almost makes me want to root for the FED's money pump.

Tue, 02/18/2014 - 09:30 | Link to Comment mr66
mr66's picture

soros position, correct procedure   66  out

Mon, 02/17/2014 - 13:22 | Link to Comment Rising Sun
Rising Sun's picture

Soros sells premium.  Are these puts sold?

Mon, 02/17/2014 - 13:23 | Link to Comment Theta_Burn
Theta_Burn's picture

True intentions on display? George Soros? >PASS<

Mon, 02/17/2014 - 22:14 | Link to Comment Soul Glow
Soul Glow's picture

Good point.  Soros is in the clear while Einhorn gets the shaft.  Does Buffet still owe back taxes?  Just saying.

Mon, 02/17/2014 - 13:23 | Link to Comment Hunter S. Thompson
Hunter S. Thompson's picture

Buy Leaps bitchez

Mon, 02/17/2014 - 15:37 | Link to Comment JimS
JimS's picture

Actually, you should buy the security and sell the long-term Leap call.

Mon, 02/17/2014 - 15:42 | Link to Comment JimS
JimS's picture

Pick stocks that you like (as in products that you buy) , that pay dividends, and write/sell the long-term calls. Great way to make money on a steady basis through market ups and downs. Think stocks like XON, MRO, K, GIS, FCX, AU, and almost any utility.

Mon, 02/17/2014 - 15:50 | Link to Comment JimS
JimS's picture

You can generate annualized rates of return in the 15 to 20%, year in, year out. With very little risk. The investors that buy naked long calls lose 80% of the time, so, who's making that fucking 80%? The people who own the underlaying stock. Pure, and so simple a fucking monkey could do it.

Mon, 02/17/2014 - 22:24 | Link to Comment Soul Glow
Soul Glow's picture

My advice - you guys should buy gold coins and stop worrying about how much "money" you can make in the markets, sit back, and enjoy the sun's glow on the beautiful earth.

Mon, 02/17/2014 - 13:26 | Link to Comment DanDaley
DanDaley's picture

King Rat!

Mon, 02/17/2014 - 14:32 | Link to Comment Motorhead
Motorhead's picture

Good book!

Mon, 02/17/2014 - 13:28 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

How efficient is rolling over those every quarter?  How does one do that without getting killed every quarter?

Real question to those that know option stuff here

Mon, 02/17/2014 - 13:37 | Link to Comment deejo
deejo's picture

" without getting killed every quarter?"

simple. don't play the market. :-)

 

Mon, 02/17/2014 - 15:04 | Link to Comment TruthInSunshine
TruthInSunshine's picture

The "efficiency" is relative for someone like Soros who is always hedged. In other words, he may have ramped up his protection for a downside move, but that doesn't necessarily imply he's necessarily expecting that one is inevitable, but rather, that his proprietary data is suggesting that a significant downside move is more statistically likely in the near term than it was previously (whether his model is spitting out a 10% chance, 35% chance or 85% chance of such a decline - strictly theoretically speaking).

The major takeaway is that something(s) of significance, based on his model, is causing him to increase his protection against losses and/or position him for gains due to a downside move.

I'm not all sofisticated 'n stuff like Mr. Soros, so I is buying me a lottery ticket 'cuz I be feeling real strong winds when I lick my finger 'n stick it in the air.

I'm gonna' git me sum of that potted meat...mmm hmmm.

Mon, 02/17/2014 - 16:05 | Link to Comment slaughterer
slaughterer's picture

So, both TruthInSunshine AND Soros go broke by April on bearish positions? Ok.  Yellen likes this. 

Mon, 02/17/2014 - 16:53 | Link to Comment TruthInSunshine
TruthInSunshine's picture

I could lose 100% on my puts, and lose more having to cover calls I've written, but even then I'd hardly "go broke," since my investment in this position isn't remotely close to going "full Niederhoffer."

That's not my style: http://gladwell.com/blowing-up/

No risk, no reward, bitches (I threw that in the mix to motivate everyone to remind me of my losses if/when this position gets closed in the red).

Mon, 02/17/2014 - 21:22 | Link to Comment Davalicious
Davalicious's picture

Your lottery ticket won't pay off if your counter party blows up or gets off the hook with gubbmint shenanigans.

Mon, 02/17/2014 - 22:28 | Link to Comment Soul Glow
Soul Glow's picture

Equity has had a nice bounce.  What do you call it when equity bounces after a sharp decline of prices in the face of poor economic readings?  Something about a cat?

Tue, 02/18/2014 - 02:20 | Link to Comment Larry Dallas
Larry Dallas's picture

"Isn't remotely close to going "full Niederhoffer."

Now that is funny!!!

Mon, 02/17/2014 - 15:02 | Link to Comment maskone909
maskone909's picture

Maskone909's proven trading strategy suggests

Dont fuck with leverage, forex, or options.

Cash only slow and steady wins the race.

Mon, 02/17/2014 - 15:05 | Link to Comment slotmouth
slotmouth's picture

It probably won't be a big deal to roll them over, but it depends on a number of factors (Are they in the money? When do they expire? etc).  The risk is that the market stays put, or that he underperforms the SPY, neither of which are likely to happen. 

Mon, 02/17/2014 - 15:20 | Link to Comment maskone909
maskone909's picture

But most importantly is liquidity.

In a currency crisis you only own the option to buy stock. I would rather own shares than own options in that situation for reasons of convertibility. Just imho

Mon, 02/17/2014 - 16:27 | Link to Comment Chuck Knoblauch
Chuck Knoblauch's picture

Soros sounds like HE is the market. He controls it and manipulates it, and gets a cut from all the suckers who get squeezed out.

Mon, 02/17/2014 - 13:27 | Link to Comment Boston
Boston's picture

Since he runs a private family office, why does he have to disclose ANYTHING anymore?

Mon, 02/17/2014 - 14:17 | Link to Comment Joe Davola
Joe Davola's picture

I think it's because the fund is north of $100Mil

Mon, 02/17/2014 - 14:24 | Link to Comment dontgoforit
dontgoforit's picture

It's mostly 'on paper.'

Mon, 02/17/2014 - 13:27 | Link to Comment Ignatius
Ignatius's picture

Ban Billionaires

Mon, 02/17/2014 - 21:56 | Link to Comment Abi Normal
Abi Normal's picture

ROFLMAO, spoken like a true communist...I hope that was sarc, but I don't think so!

Mon, 02/17/2014 - 23:51 | Link to Comment Ignatius
Ignatius's picture

Careful who you call a "communist".  I am not.

See the movie The Act of Killing, think about it, and get back to me.

Tue, 02/18/2014 - 00:02 | Link to Comment hobopants
hobopants's picture

Ignatius J. Reilly is no communist! You Dunce!

Tue, 02/18/2014 - 00:04 | Link to Comment Ignatius
Ignatius's picture

+107

Mon, 02/17/2014 - 13:30 | Link to Comment thamnosma
thamnosma's picture

and the masses continue to believe the democraps are for "the little guy"....

Mon, 02/17/2014 - 13:34 | Link to Comment ThirdWorldDude
ThirdWorldDude's picture

http://www.washingtontimes.com/news/2012/oct/25/us-economy-on-schedule-t...

 

Put (pun intended) this article into perspective and do the math...

Look up for glitches in the matrix. I'm not saying the controlled demolition is about to commence with the Ides of March, but there already are too many parameters (DeMark's chart overlay, DaClub's net bullish positions on PM's, now Soros) pointing towards it; and stack on no matter what happens.

Godspeed!

Mon, 02/17/2014 - 14:02 | Link to Comment SKY85hawk
SKY85hawk's picture

Hasn't DeMark predicted 3 of the last 0 market crashes?

If his work is so good, name time frames where we coulda made some money, please?

Short or long moves are welcome.

 

Mon, 02/17/2014 - 16:50 | Link to Comment TruthInSunshine
TruthInSunshine's picture

a broken clock is correct twice a day, and a really slow one can be correct many more times per day.

Mon, 02/17/2014 - 13:46 | Link to Comment Who Laughed
Who Laughed's picture

Break the Fed Georgy boy

Mon, 02/17/2014 - 13:47 | Link to Comment seek
seek's picture

OT/Bitcoin:

MTGox is implementing withdrawl limits on bitcoin accounts to prevent a bank run -- this means it's almost a certainty that they were implementing fractional reserve banking with the Gox trading evironment (remember, you can't fractional reserve on the blockchain) which is also known as fraud. Can't wait for these guys to be dead and buried.

Mon, 02/17/2014 - 14:39 | Link to Comment walküre
walküre's picture

But why would Gox do this unless Gox is just following a certain template? Doesn't that raise questions about who is really in charge of this BTC "alternative" currency?

Mon, 02/17/2014 - 15:12 | Link to Comment seek
seek's picture

Money/greed, the same reason JPM was charging customers for storage fees on metal they never actually purchased. As long as the trades stayed within the Gox trading system, Gox could allow traders to buy/sell bitcoin without actually having to acquire it, all while getting a percentage of each trade.

Fractional reserves are a huge moneymaker for the banks that run them... until you have a bank run.

This is just one shady exchange, not the whole currency, and no one is in charge.

Mon, 02/17/2014 - 15:36 | Link to Comment walküre
walküre's picture

Gox was the MF Global of an otherwise clean and efficient BTC market. Got it. Pffffffffft

Mon, 02/17/2014 - 21:02 | Link to Comment satoshi411
satoshi411's picture

MF-GLOBAL customers have recourse, they also could sue in USA courts, and they could put CORZINE and political assholes on the hot-seat.

 

The BTC heist has no faces, no borders, ... it will go down as the most publicly orchestrated 'heist' of over $10 Billion USD in history.

 

Mon, 02/17/2014 - 21:00 | Link to Comment satoshi411
satoshi411's picture

MT-GOX had withrdrawl limits almost a year ago, $1k a day, or $50k month max.

Meaning that BUYING BTC had no EXIT in any meaningful way.

 

Today the withdrawl limit is ZERO per day, and ZERO per month.

ALL BTC exchanges were always operating as a 'ponzi' meaning they took new money in to cover the redemptions, and now that NO new money is coming in ALL the BTC exchanges are claiming 'system down', while the insiders try to hide what money that remains.

Given that the ID of all exchange and btc mining is mostly 'SECRET' is should easy for all the BTC operatives to dissappear.

 

Make no mistake that ZH was part and parcel of the FRAUD. By their ommission of the truth all along. All along ZH was a cheer-leader for fraud, and now they'll be silent during criminal proceedings.

Mon, 02/17/2014 - 21:42 | Link to Comment ncdirtdigger
ncdirtdigger's picture

Smart money stayed away from this ponzi because they knew that you could never redeem bitcon. If you could actually get your money out of bitcon, the opportunities for arbitrage between the various 'exchanges' would have drawn traders like flies to chit.
If you don't hold it, you don't own it.

Mon, 02/17/2014 - 14:24 | Link to Comment Chuck Knoblauch
Chuck Knoblauch's picture

I'd like to buy a derivatives contract on the life expectancy of George Soros. Are there any good bookies out there who can give me odds? How about Maurice Strong?

 

Strong Soros!

Mon, 02/17/2014 - 15:06 | Link to Comment maskone909
maskone909's picture

Motherfucking real life mr burns!?! Hes already transplanted his head on like 5 different bodies

Mon, 02/17/2014 - 15:56 | Link to Comment maskone909
maskone909's picture

Hahah

Mon, 02/17/2014 - 22:28 | Link to Comment Crawdaddy
Crawdaddy's picture

Rosie Grier FTW

Mon, 02/17/2014 - 14:08 | Link to Comment One And Only
One And Only's picture

I heard Soros is still alive only because he gets daily transfusions from the blood of new born babies at the Bohemiam Grove.

Mon, 02/17/2014 - 16:24 | Link to Comment dark pools of soros
dark pools of soros's picture

stealing white southern babies since 1949

Mon, 02/17/2014 - 14:27 | Link to Comment walküre
walküre's picture

George Soros is accumulating gold at record speed is my prediction. Old money jews know what's best in times of these. Not sure if he ever stopped accumulating. Soros Bank will come as a result of the reset.

Mon, 02/17/2014 - 20:07 | Link to Comment noguano
noguano's picture

I've been adding when I can.  Physical of course.  And some nice silver.

Mon, 02/17/2014 - 14:29 | Link to Comment Motorhead
Motorhead's picture

Soros - Douchebaggus Maximus

Mon, 02/17/2014 - 14:41 | Link to Comment JR
JR's picture

What are the two words that signify the loss of America to the tyrants? Answer: George Soros.

This ultimate insider is now dismantling the US Constitution as his mastermind political operative, John Podesta, takes the initiative for this planned tyranny, via the executive order.

Make no mistake, Podesta was brought into the White House to execute the executive order, i.e., the manipulation and use of the executive branch of the government without the benefit of the Constitution, i.e., the separation of powers. This is despotism. 

Podesta, just like Obama, works for the central bankers. And George Soros (aka György Schwartz), the symbol of greed, is a facilitator of this gathering of power into a central location. 

Soros uses his money to manipulate the politicians and the masses. 

Therefore, a fully purchased Congress has no interest in stopping this takeover.

Soros,  the leading moneyman behind the left wing edge of the Democrat Party (MoveOn.org, ACORN and Podesta’s CAPS, etc.), is the international bad boy who engaged in dirty tricks to elect Obama. The way he operates, it’s surprising his passport allows him to travel abroad.

In his book “The Age of Fallibility,”  Soros wrote, “The main obstacle to a stable and just world order is the United States.”  He announced in 2003 that it is necessary to “puncture the bubble of American supremacy.” In the Atlantic Monthly of February 1997, he wrote, “The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.”

Pushing for a world currency, the SDR, and never letting up on the destabilization of the US, USA Today’s immigration beat writer, Alan Gomez, recently outlined how the Soros-funded group, the National Immigration Forum (NIF), has been pushing House Republicans into passage of an Obama amnesty bill, working with the U.S. Chamber of Commerce, Facebook’s Mark Zuckerberg’s FWD.us, and New York City Mayor Michael Bloomberg’s Partnership for a New American Economy.

Amnesty could bring the number of Mexicans in the U.S. to anywhere from 64 to 83 million.

Nationwide, already the number of documented Hispanics in the U.S. has grown to 53 million, or nearly one-half the current population of Mexico -- 115 million as of 2012

In addition, the Center for American Progress (CAP) which is funded heavily by megabillionaire George Soros, in a recent report had 180 staffers and a $27 million budget devoting most of its time promoting the Soros Democrat agenda through blogs, events, publications and the media.  It was CAP that ran Obama’s transition team under its president and founder, John Podesta, former chief of staff to President Bill Clinton.

KeyWiki shows Soros’ connections with the KGB while in Hungary, then his connections with Communism through the years, his felony conviction in France, his work as a former director of CFR, his proclaimed atheism, how he made his money and where he’s putting it, the scandals with his ex-wives and girlfriends... and progresses to his current activities.

KeyWiki, a site that profiles Leftist activists, includes this in its Soros profile:

The Seven Steps of Collapse

Soros is known as the man who broke the Bank of England. The prime minister of Malaysia called Soros an "unscrupulous profiteer." In Thailand, he was branded an "economic war criminal." They also said that he sucks the blood from people.

In 1994, George Soros stated: "Just right, that the former Soviet Empire is now called the Soros Empire."

The following are George Soros' seven steps for bringing down a regime and causing a currency collapse:

  • Step One: Form a shadow government using humanitarian aid as cover.
  • Step Two: Control the airwaves. Fund existing radio and TV outlets and take control over them or start your own outlets.
  • Step Three: Destabilize the state, weaken the government and build an anti-government kind of feeling in the country. You exploit an economic crisis or take advantage of an existing crisis — pressure from the top and the bottom. This will allow you to weaken the government and build anti-government public sentiment.
  • Step Four: Sow unrest.
  • Step Five: Provoke an election crisis. You wait for an election and during the election, you cry voter fraud.
  • Step Six: Take power. You stage massive demonstrations, civil disobedience, sit-ins, general strikes and you encourage activism. You promote voter fraud and tell followers what to do through your radio and television stations. Incitement and violence are conducted at this stage.
  • Step Seven: Outlast your opponent.[15]

George Soros

http://www.keywiki.org/index.php/George_Soros

George Soros - Affiliations

http://keywiki.org/index.php/George_Soros_-_Affiliations

 

Mon, 02/17/2014 - 14:57 | Link to Comment walküre
walküre's picture

The elite knows this and doesn't give a shit. The elite makes money, you know why? Because they watch what guys like Soros do very carefully and they follow suit. Soros is a master at financial chess. What you're telling us with your list there is nothing new. It's infuriating but so is the fact that the Germans got sucked into two major wars and had to take the blame with all its consequences twice. It pisses me off to no extent but what can I do?

My parents and grandparents could have had a much better position in life but they were robbed of their opportunities because those who control the world will make their decisions for them.

The elite barely shows the hand they're playing before all cards are on the table.Taper has been on the table for a while. End of QE as we know it is on the table. EM currencies collapsing is on the table. China's shadow banking and financial collapse is on the table.

This Soros move is rare and not to be discounted imo.

Who cares what Soros did or does or who the man is? I've never met him, I will never get the chance to meet him and tell him what I think of him. Neither will you! They rule us and unless we go back to square one and roll the dice again, there won't be a change to the status quo. Only option you and I and everyone here has is to follow in their footsteps and try to make hay. Maybe what you do now will benefit one of your own blood in a hundred years.

Mon, 02/17/2014 - 15:08 | Link to Comment maskone909
maskone909's picture

Its not chess when you controll the opponents. This is just a puppet show mixed in with a skim kaper

Mon, 02/17/2014 - 15:21 | Link to Comment walküre
walküre's picture

Does he alone control the Fed though? Maybe his group does and his moves are more broadcast. The whole group though could be making the same moves. Significant what he does just like Buffet buying the rail road in 2009. Shoulda known.

Mon, 02/17/2014 - 15:28 | Link to Comment maskone909
maskone909's picture

I wish we knew those answers. There is no question he is connected. As for buffet buying the railroads, we are going back to the old school soon imo. This tech bubble 2.0 is about to pop. Got to own real productive boots to the ground type assets

Mon, 02/17/2014 - 20:55 | Link to Comment satoshi411
satoshi411's picture

BUFFET destroyed AmeriKKKa

Buffet bought companys in the 1960's-1980's stripped the private pension cash, replaced with IOUs the cash.

Stripped the companys sold off assets and then sold the companys back to the public, rinse and repeat.

BUFFET is an asshole, BECK is an asshole.

The ASSHOLES who destroyed ameriKKKa are very afraid and they want to blame a HUNGARIAN rather than blame ameriKKKan assholes for destroying ameriKKKa.

 

Tue, 02/18/2014 - 01:15 | Link to Comment hobopants
hobopants's picture

For the love of God no more gibberish. 90% of the stuff you post is just a bunch of buzzwords strung together with less coherence than an alcoholic packing one too many chromosomes.

 

Mon, 02/17/2014 - 20:05 | Link to Comment noguano
noguano's picture

Thats why Ron Paul wanted to audit the Fed.  Too late now.  But sharp traders can profit.  This move is ancient.  Have to be 2 or 3 steps ahead. 

Mon, 02/17/2014 - 20:12 | Link to Comment Blankenstein
Blankenstein's picture

Now Buffett's moving into pipeline products.

This link was posted on another thread:

http://www.cbc.ca/news/business/warren-buffett-invests-1-4b-in-pipeline-...

"In yet another oil-related foray, Warren Buffett’s Berkshire Hathaway has paid $1.4 billion US for a business that makes chemicals to improve the flow of fluids through pipelines."

"He also has publicly endorsed the Keystone XL pipeline, which would carry oil from Alberta to refineries in the southern U.S."

Mon, 02/17/2014 - 23:18 | Link to Comment TheSilverJournal
TheSilverJournal's picture

Good chess players control their opponent's next move. And everybody knows the next few moves of the Central Planners.

  1. Print
  2. Print

So who are the puppets?

Mon, 02/17/2014 - 15:25 | Link to Comment D7z
D7z's picture

Still dont think Soros is a Mastermind in the global playfield, hes just some hedging sockpuppet of wealthier clans of his "tribe".

Mon, 02/17/2014 - 15:40 | Link to Comment walküre
walküre's picture

The Queen is nearly broke - again. Maybe she's been talking to Soros already. Guys like Soros are like sharks when they smell blood. Wouldn't put it past him.

Mon, 02/17/2014 - 15:34 | Link to Comment EARLPEARL
EARLPEARL's picture

jr,calm down...soros is spending his own money not government money, and last time i checked we are still allowed to spend our own money anyway we want to and say anything we want to...yet because you disagree you think soros should lose his passport???you probably watch glenn beck, or listen to him on radio...he lost his job by telling similiar bullshit as you.

Mon, 02/17/2014 - 16:12 | Link to Comment JR
JR's picture

Whose money do you think Soros has? PS: it's not his, probably some of yours. The whole article is about how he's trying to corral more.

The world monetary system now in effect was designed and is operated by the bankers; to suggest that they are buying equities with their own money, need I say it, is to be foolish.

Mon, 02/17/2014 - 20:52 | Link to Comment satoshi411
satoshi411's picture

fucking funny here on ZH you all love Jimmy Rogers, who made all his money in PARTNERSHIP with SOROS,

Thus if SOROS is the anti-christ then so is Rogers? Right?

Rogers is careful NOT to piss off AIPAC, SOROS doesn't care,

I think SOROS really cares about little-poor people and this drives the rich NAZI assholes nutes.

Rogers is quite careful like Faber to not get pulled into the left-right bullshit.

But SOROS & KRUGMAN carry the left-wing flag on the CHEST and it drives the right wing zionist likud nazis nuts.

Mon, 02/17/2014 - 21:47 | Link to Comment ncdirtdigger
ncdirtdigger's picture

ironic that you think a NAZI COLLABORATOR cares about little poor people. Give me a break. He fed little poor people to the Nazi ovens.

Tue, 02/18/2014 - 02:51 | Link to Comment satoshi411
satoshi411's picture

Glen Beck, and his revisionism.

Anybody that say's that SOROS colloborated with HITLER is on the LIMBAUGH/BECK payroll. aka right-wing neo-con USA

*

SOROS survived the holocaust because as a smart teenager he fled to LONDON, where he survived.

Just like now in the USA, those that stay will die. Those that flee to free country's will live.

Mon, 02/17/2014 - 23:31 | Link to Comment Abi Normal
Abi Normal's picture

LOL Soros care about little poor people alright, about as much money as he can get from them, let;s not forget how may currencies he has crashed...get an education before you spout off the non-sense satoshi....roflmao!

Mon, 02/17/2014 - 20:19 | Link to Comment dexter_morgan
dexter_morgan's picture

And all this time I thought it was the Koch brothers.............who are like 70th on the political donations list WAY behind evil incarnate Soros.

Mon, 02/17/2014 - 20:49 | Link to Comment satoshi411
satoshi411's picture

Funny how the right-wing ZIONIST nutcases want to blame the SOROS left-wing hippy crowd for what ails the world.

I concur that KOCH and his left-right divide&concur crowd are sowing seeds of destruction in AmeriKKKa.

One only needs to read the 'real books' of SOROS and then listen to BECK or KOCH and you can see who is the real fucking NAZI.

The question that is interesting is why does the AIPAC(ZH) crowd have such a hard-on for the left-wing, e.g. KRUGMAN, SOROS they really aren't much of anything,

 

Mon, 02/17/2014 - 23:34 | Link to Comment Abi Normal
Abi Normal's picture

satoshi, wrong again libtard, damn you are too far gone to try to educate, carry on spewing lies!  Soros, Obama, Cloward and Piven, all subscribe to Alinsky...overwhelm the system to bring it down.

 

Piss off a liberal by telling them facts....I love to watch the heads explode, or the eyes roll to the back of their heads, on a swivel of course...bwaaahahahahahahah....moron!

Mon, 02/17/2014 - 23:49 | Link to Comment satoshi411
satoshi411's picture

Glen Beck, Rush Limbaugh, and all the talking heads for NEO-CON 101, all say "BURN THE SYSTEM to the GROUND AND REBUILD"

Alinsky adovcated change through passive means, Zionists (AIPAC) advocate change by murder and imprisonment (DHS,FEMA).

*

The far-left and far right I concur both want 'change', but the right-wing has engineered a civil war to brink the death of 100's of millions, the left-wing doesn't want mass genocide.

The last WWII was engineered by ZIONIST NAZI's, they only know murder and pillage.

The right-wingers hate the left, as seen here on ZH by the 24/7 bashing of KRUGMAN & SOROS.

ZH is largely a site of apologists for the right-wing. Both NEO-CON(USA), and LIKUD(ISRAEL), but all controlled by AIPAC, aka goldman-sacks.

Mon, 02/17/2014 - 20:45 | Link to Comment satoshi411
satoshi411's picture

This information came from glen beck in 2010, a known AIPAC operative and spokesman.

Question begs is WHY does the AIPAC crowd who really did destroy ameriKKKa, why do they want to blame SOROS for their  handi-work??

*

Me thinks AIPAC is pissed that they lost SYRIA, UKRAINE, and AFGHAN.

This list of 7 things to screw a nation can be found in ZIONIST writings from the late 1800's.

Mon, 02/17/2014 - 23:37 | Link to Comment Abi Normal
Abi Normal's picture

oh, you anit-semite, blame it all on the jews now?  i thought it was us right wingers?  make up your freaking mind already?!  Don't you know the majority of Hebrews in this country are liberals?  Man, you kill me with your ignorance sonny jim...ugh.

Mon, 02/17/2014 - 23:42 | Link to Comment satoshi411
satoshi411's picture

Soros is left-wing, and a Hungarian Survivor of the Holocaust.

*

Zionism, Likud, and AIPAC are all extreme right-wing organizations, think Glen Beck. Think Cheney, Think Netanyahu.

Yes, in the USA the left-wing HEBREW is a silent majority, but make no mistake that while AIPAC is a minority they control the USA Congress, and almost all political office in the USA.

*

The Zionists (MOSSAD) are Not Jewish.

The Neo-Cons ( CIA ), are NOT Christian.

The Zionists and Neo-Cons are  criminals.

Tue, 02/18/2014 - 02:21 | Link to Comment sylviasays
sylviasays's picture

"In the USA the left-wing HEBREW is a silent majority?"

 

So left-wing Jews like Barbara Boxer, Dianne Feinstein, Chuck Schumer, Carl Levin, Al Franken, et al are part of the silent majority?

 

 

Don't make me kvetch!

Tue, 02/18/2014 - 02:43 | Link to Comment satoshi411
satoshi411's picture

LEFT MY ASS

This is like calling HILLARY-2016 LEFT.

ALl the names you mentioned above are wolves in sheeps clothing.

Real left is Ralph Nader, or Krugman, people who care about people. Noah Chomsky is an example of real left.

Your list above is all PRO NAZI LIKUD fuck-nuts.

Wed, 02/19/2014 - 16:08 | Link to Comment TheGrandChessboard
TheGrandChessboard's picture

Hey dumbo who do you think the neocons are, they are former torskyites aka commies, but when the Soviet Union started to turn against the Jews the Jews freaked out and turned to the right well not really they co-opted the right. They never lost there love for big government but they are jews first and foremost so there loyalty lies with Israel and the tribe.

Chumpskee is also a border border guard who tries to say that America controls Israel and not the other way around what a joke. But I guess your too stupid to get the fact the Jew is neither left or right he simply acts whichever advances the interest of the Jew

Mon, 02/17/2014 - 22:21 | Link to Comment Crawdaddy
Crawdaddy's picture

Podesta is a scummy jesuit brought in to get Obumbler and the NWO blueprint back on track.

Mon, 02/17/2014 - 14:43 | Link to Comment 999.9
999.9's picture

I read a similar article 6 months ago that costed me tenths of thousand dollars shorting the s&p 500

Mon, 02/17/2014 - 14:57 | Link to Comment Caracalla
Caracalla's picture

I keep increasing my gold and silver short positions every day.  I sure hope the monkey-hammer comes soon!  Who would have thought a short time ago that gold and silver could go up this much in such a short amount of time.

Mon, 02/17/2014 - 15:42 | Link to Comment dogbreath
dogbreath's picture

are you serious, did you forget the sarc/ tag

Mon, 02/17/2014 - 15:21 | Link to Comment EARLPEARL
EARLPEARL's picture

soros fund is a 28 billion dollar fund...the 13 f only show 11 billion.anyone know where the majority is invested...more than 17 billion invested that is not covered in 13 f ..

Mon, 02/17/2014 - 15:25 | Link to Comment walküre
walküre's picture

368 tonnes of gold?

enough to buy a country and form its own central bank?

Germany will be waiting a long time ....

Mon, 02/17/2014 - 16:26 | Link to Comment dark pools of soros
dark pools of soros's picture

The jews will never give Germany any gold

Mon, 02/17/2014 - 18:40 | Link to Comment Chuck Knoblauch
Chuck Knoblauch's picture

Germany needs to get rid of that woman and elect a man who will return it to its former glory. That poor country allowed itself to be deballed and circumcised.

Tue, 02/18/2014 - 01:25 | Link to Comment silverserfer
silverserfer's picture

"deballed and circumcised" and shit in the mouth and pissed on.. and videotaped. Its almost like theyre into that weird shit in Germany 

Tue, 02/18/2014 - 01:17 | Link to Comment Crawdaddy
Tue, 02/18/2014 - 02:22 | Link to Comment bunnyswanson
Mon, 02/17/2014 - 16:26 | Link to Comment smcapmachine
smcapmachine's picture

Unfortunately George has been listening to Zerohedge

Mon, 02/17/2014 - 16:41 | Link to Comment marginnayan
marginnayan's picture

Even a legendary hedge fund manager like George Soros cannot get it right. This fucking global white collar mafia cartel of FED Reserve and Banksters seems to be too strong to even get a jolt. Chuckles.

Mon, 02/17/2014 - 16:45 | Link to Comment marginnayan
marginnayan's picture

13 F you see on that fucking sec.gov is 3 months out of date. His current active position may be entirely different than what shows up in that 13 F. You can change your positions entirly in less than 24 hours. Just blast your orders through a army of brokers. That what Jeff Vinik, ex fund manager of once largest mutual fund Magellan did.

Mon, 02/17/2014 - 18:16 | Link to Comment maxamus
maxamus's picture

Yawn, this data is so old that it would be like using 2 month old stock charts to daytrade today.

Mon, 02/17/2014 - 19:20 | Link to Comment noguano
noguano's picture

You are correct.

Mon, 02/17/2014 - 18:17 | Link to Comment BigRedRider
BigRedRider's picture

Soros is planning to die soon so he's getting all his moola together because he's going to take it with him.

 

Hedge accordingly.

Mon, 02/17/2014 - 18:30 | Link to Comment Chuck Knoblauch
Chuck Knoblauch's picture

What keeps a slug like Soros alive? Pure spite for not being able to acquire more years on planet Earth. LOL!!!

Mon, 02/17/2014 - 21:59 | Link to Comment Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Being a pawn for the New World Order and Demonati Soros has access to life extension technology just like our own patriot Dick Cheney and not to mention nazi sympathizer George H. W. Bush.  Kissinger and Rockefeller seem to last forever too don't they?  Gee, I wonder why?

Tuco

Mon, 02/17/2014 - 22:17 | Link to Comment headless blogger
headless blogger's picture

I was thinking on the same line....

Just saw old man Rockefeller in an interview (some kind of propaganda piece) and he looks pretty good for 98!! Relatively speaking that is...He's actually quite gross to look at, but he stood up and was standing pretty straight. I was thinking, Wow not many 98 year olds can move like this guys!!

They're probably the recipients of Palestinians looted organs.

Tue, 02/18/2014 - 00:13 | Link to Comment Wahooo
Wahooo's picture

Yup. They ship the refugees in containers to China where they're harvested. Nixon opened it up for the old boys.

Mon, 02/17/2014 - 22:22 | Link to Comment satoshi411
satoshi411's picture

Well the 'rich' do have things we 'mortals' don't have,

I remember a few years ago some rich friends, when they needed a 'nanny' for their kids at home, the requirement was a fully licensed RN, and that was just for a couple children.

The pay was over $50/hour and this was several years ago, and they also had salary positions offered as well for live-in domestics, but everybody had to have HEALTH/MEDICAL licenses.

I think its typical for the rich to have DOCTOR on standby at all times, and certainly if a political big-wig, or RICH has a medical problem they are air-lifted to the best hospitals in the world.

*

I remember years ago a gal ( a nurse ) that I knew in Seattle, she got a job at the Gates Mansion, and had to sing a non-disclosure about even working there, but we all knew, it was like  "I can't tell you where I work, but I can give GPS coordinates and tell you how much I make to be a 'nanny'".

Actually it was a DAMN good job for her, essentially 2X what she would make as a  nurse, and tons of holiday time and shift's like a fireman.

*

Most RICH when they get over say 85, have a doctor present 24/7/365, who tests blood pressure, urine, ... et-all many times a day. Surprises simply don't happen. Rich? I would say more than 1/2 billion USD in cash equivalent.

Mon, 02/17/2014 - 23:33 | Link to Comment Bazza McKenzie
Bazza McKenzie's picture

Going a bit far when you have to sing the NDA.  Bloody rich people want everything!

Tue, 02/18/2014 - 05:08 | Link to Comment satoshi411
satoshi411's picture

Actually it was more involved than working with the secret service,

Can you imagine how paranoid these billionaries are about protecting their spawn, ... I would safely say as protected if not better than secret service in the US protects the Praetorians.

Essentially they don't want anybody to talk, or know, that keeps honest people honest.

In this case, this nurse friend was 'cleaner' than the Virgin Mary.

Secret Service, like CIA are'nt allowed to tell the public or anybody for that matter  that they're secret-service or what your mission is.

The fact that the RICH ( I have already defined, but I will again, some family with more than 1/2 billion USA in CASH ), they can and do use the same security that is used by secret-service and most of the time, when these guys 'retire' they go work in private sector, and then can double dip.

I know navy seals who retired at 36, and then go work for $20k/month all over the world. The retirement was about $4k/month, but when you include fringe like commisary, and medical, its really worth $10k/month.

 

Tue, 02/18/2014 - 10:12 | Link to Comment Moe Howard
Moe Howard's picture

1. To retire at 36, you would have to be medically retired, as you must be 17 to join the service, 20 years = 37.

2. $4k a month retirement? Generally, somebody retiring now or the last few years would be not able to collect more than 50% of base pay for 20 years. Taking your $4K number, that is $48K a year.

In order to get $48K in retirement money, the sailor would have to have been paid $96K in base pay at retirement. Since you say you "know" Navy Seals that retired at 36, we have to take into consideration that they retired in the past. I used a basic pay chart from 2011 to determine what rank a person would have to be to be paid $96K in base pay. The closest I could come is an O5 over 18 years, $94280.40 a year. An O5 in the Navy is a Commander, in the other services it is a Lieutenant Colonel.  So you claim to know more than 1 Naval Commander that retired at 20 years or less, joined the Navy at 16 [impossible] or at 17 or older and retired medically early.  I call bullshit on your story, either someone lied to you or you are a liar. Either way, you failed to do your homework.

3. The fringe benefits of retired medical [even if you go to a military hospital for treatment] is not free. It is cheap, but on the other hand, you get what you pay for. Many retired military chose to use the medical plan from the workplace they end up in after retirement if a good plan is offered. The commisary is such a great deal I see active duty soldiers shopping at Walmart outside of Fort Knox every day, at lunch time you might as well not go there, it is so crowded. They aren't buying plastic Chinese widgets, they are food shopping. The Commisary used to be a great deal 20 years ago, not so much now. Very few bargains, generally it is national brands at a slightly cheaper cost. A surcharge is levied to pay for the facilities and overhead. I have taken civilians into the Commisary to see the great deals. All have said the same thing, no big bargins in the end. Occasionally a vendor will dump excess product in the Commisary system, one I remember was Log Cabin syrup, another was Oscar Meyer. All in all , no great deal. The PX system is the same price as local vendors, if you price match with off post. You do save local sales tax. Internet shopping is cheaper and if you do it right, no local tax either.  So I am confused, where are these fringe benefits worth $10K a month? Nowhere actually. Again, you are full of shit. Either someone pumped you full of bullshit, or you are a bullshit artist who did not check the facts.

By the way, getting a military pension and working in the private sector isn't "double dipping". The term "double dipping" means retiring from the military and then getting a job with the Department of Defense as a civilian worker aka civil service, at least in the military sense, which you were using. So again, you are full of shit.

To me, this puts your whole story into doubt.

 

Just another ZH blowhard pretending to be "in the know".

 

Mon, 02/17/2014 - 19:43 | Link to Comment Duude
Duude's picture

Anyone figure his 'put' is a hedge? He's had it since 2010.

Mon, 02/17/2014 - 20:20 | Link to Comment BrigstockBoy
BrigstockBoy's picture

Why can't Soros, Buffett, Icahn and a few others go down in a horrific plane crash? Wouldn't the world immediately become a much better place?

Mon, 02/17/2014 - 20:25 | Link to Comment razorthin
razorthin's picture

It just so happens we once again find ourselves on the back side of a head and shoulders pattern, or in the third peak of a doomed house.  Will the fed interrupt the otherwise inevitable as it did in 2011?

Do NOT follow this link or you will be banned from the site!