Schlaes busts Soros

For these five minutes (only), I want to marry Amity Schlaes.

It is Soros who is endangering the euro by advocating these spending and loosening policies. They are policies that may give Europe budget problems that render its currency vulnerable to attack by Soros-like traders. Perhaps, like Merkel, Soros is doing his endangering for understandable reasons.

It’s so refreshing to hear somebody accuse Soros of having the same motives as any other fat cat capitalist…especially when she deftly avoids saying it in so many words. That he gives to so many anti-capitalist causes does not make him a philanthropist, even if you buy the notion that anti-capitalism is a good thing. What happened to good old “Cui bono?”


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