T Nation

Soros Buys Halliburton


http://blog.foreignpolicy.com/node/3776

Soros buys Halliburton
Mike Boyer
Tue, 02/27/2007 - 3:22pm.

Normally, I’m willing to overlook the hypocrisy of the liberal elite. If Al Gore and his Hollywood cronies want to fly around on gas-guzzling, atmosphere-polluting private jets while railing against global climate change, I’m willing to overlook it.

But the latest move by globe trotting, hyper-liberal billionaire George Soros borders on being too much. According to papers filed with the SEC, in the fourth quarter of 2006 Soros purchased nearly 2 million shares of … hold your breath … Halliburton. The Halliburton shares reportedly went for an average purchase price of $31.30 a share. That puts Soros’ total investment in Halliburton at around $62.6 million, or about 2 percent of his total portfolio.

Soros, of course, is the dean of Democratic money giving. And Halliburton, of course, is the company that embodies everything the Democrats see as evil. Dick Cheney is its former chief, for goodness’ sake. But Soros is also a man of contradictions. He supported campaign finance reform for years, only to declare that defeating President George W. Bush was the “central focus” of his life. To prove it, he sunk $24 million of his own “soft” money into the 2004 campaign, helping make that election one of the most divisive in modern history.

Soros’ position in Halliburton is reported to be his first, which means he bought it with a full understanding of Halliburton’s reputation. Soros may not see a problem with profiting from a company that has been accused of everything from sweatheart deals to cooking the books to serving U.S. troops lousy food in Iraq. The real question, however, is whether MoveOn.org, the Center for American Progress, and other organizations that have benefitted from Soros’ charity will see a problem with accepting money earned off Halliburton shares?

I posted this earlier. Soros is a phony.

He’ll have to attend the board meetings in Dubai.

Rich business man is a complete phony… this is news?

Seriously… there either phonies like this guy, or assholes like Murdoch. Either way, there assholes.

[quote]Beowolf wrote:
Rich business man is a complete phony… this is news?

Seriously… there either phonies like this guy, or assholes like Murdoch. Either way, there assholes.[/quote]

Of course it is news. He is one of the biggest critics of the war and now he buys stock in Halliburton.

The American people should know this stuff and the implications should be discussed.

But you are right, they are assholes.

[quote]Zap Branigan wrote:
Beowolf wrote:
Rich business man is a complete phony… this is news?

Seriously… there either phonies like this guy, or assholes like Murdoch. Either way, there assholes.

Of course it is news. He is one of the biggest critics of the war and now he buys stock in Halliburton.

The American people should know this stuff and the implications should be discussed.

But you are right, they are assholes.[/quote]

Soros is a Limosine Liberal, the worst sort of political rat.

[quote]Headhunter wrote:
Zap Branigan wrote:
Beowolf wrote:
Rich business man is a complete phony… this is news?

Seriously… there either phonies like this guy, or assholes like Murdoch. Either way, there assholes.

Of course it is news. He is one of the biggest critics of the war and now he buys stock in Halliburton.

The American people should know this stuff and the implications should be discussed.

But you are right, they are assholes.

Soros is a Limosine Liberal, the worst sort of political rat.

[/quote]

How about the people who OPENLY support only the rich? Isn’t that a bit more rat-like?