George Soros Helped Craft Stimulus Then Invested in Companies Benefiting

Wynton Hall
Big Government
11/21/2011

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 that continues to rock Washington, Throw Them All Out, authored by Breitbart News editor Peter Schweizer.

Mr. Soros met with Mr. Obama’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, Mr. Soros also participated in discussions on financial reform.

Then, in the first quarter of 2009, Mr. Soros went on a stock buying spree in companies that ultimately benefited from the federal stimulus…

…In Throw Them All Out, Schweizer catalogs several more of Mr. Soros’s trades and says that, while “it is not necessarily the case that Soros had specific insider tips about any government grants,” nevertheless, Soros’s “investment decisions aligned remarkably closely with government grants and transfers.”…

Read the complete article at Big Journalism.

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