Wednesday, November 16, 2011
New book shows how Soros set up and financially benefited from '09 stimulus.....
"Soros was also a financial backer of the Center for American Progress, which functioned as Obama’s think tank. John Podesta,who headed CAP, was Obama’s transition director. Several CAP policy ideas became part of Obama’s agenda. Soros said at the time, 'I think we need a large stimulus package, which will provide funds for state and local government to maintain their budgets, because they are not allowed by the constitution to run a deficit. For such a program to be successful, the federal government would need to provide hundreds of billions of dollars. In addition, another infrastructure program is necessary. In total, the cost would be in the 300 to 600 billion dollar range.'”
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