The Soros Plan to Remake Global Finance

George Soros is right; the world's financial system does need to be reformed, but just not in the way he and his collectivist cohorts envision.So moved by the ongoing financial crisis, Soros felt compelled to take action.  The world has suffered as a result of "unfettered" financial markets and Soros decided now is the time to rethink how the global economy and markets should function."The entire edifice of global financial markets has been erected on the false premise that markets can be left to their own devices, we must find a new paradigm and rebuild from the ground up. I decided to sponsor INET to facilitate the process. I hope others will join me," Soros said when announcing his initial funding of the Institute for New Economic Thinking (INET) in 2009.This implies aggressive market intervention measures carried out by policymakers and regulators had little to do with creating the crisis.  As we have come to learn, numerous government policies...(Read Full Article)

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