About Nancy Salvato
Nancy Salvato is the President and Director of Education and the
Constitutional Literacy Program for
BasicsProject.org, a
non-profit, non-partisan 501(c)(3) research and educational
project whose mission is to re-introduce the American public to
the basic elements of our constitutional heritage while
providing non-partisan, fact-based information on relevant
socio-political issues important to our country, specifically
the threats of aggressive Islamofascism and the American Fifth
Column. She serves as a Senior Editor for The New Media Journal.
She received her BA in history from Loyola University and her
M.Ed. in Early Childhood Education from National-Louis
University. She is certified to teach in grades K-9 and 6-12
and as a teacher has worked with students in preschool, 1st,
5th, 6th, 7th, 8th,
9th, 11th, and 12th grades. She
has also worked as an adjunct instructor at the graduate school
level. She continues to augment her education and areas of
expertise by taking college courses and participating in a
variety of workshops.
Nancy Salvato, Senior Editor
Money, Influence & Motive October 14, 2008
I found it absolutely remarkable that
George Soros was lampooned in the Saturday Night Live skit,
Washington Approves the Bailout. This is because I had
previously wondered aloud to my husband my suspicion that there might be
more at work than what was being reported around the tanking of the
stock market. While I concurred that Fannie May and Freddie Mac
contributed to the crisis we currently find ourselves in, I couldn’t
help but wonder if the stock market was being manipulated in some other
way. Although I initially dismissed my thought as likely “black
helicopter” the fact that the writers on SNL included Soros in their
parody piqued my interest again. So at the risk of being labeled a
conspiracy theorist, I’m going to jump on Former Governor Mike
Huckabee’s bandwagon and raise the question.
Former Governor Mike Huckabee,
already voicing this same concern, pointed out that the market has
continued to lose value because extremely large sell orders are causing
panic. One has to wonder, who has enough money, influence, motive, or
all of the above to manipulate the United States economy in such a way?
A quick inventory of people in the news who hate America would include
George Soros (a promoter of Socialism), Osama bin Laden and Al
–Qaeda (they took down the World Trade Center), Vladimir Putin’s Russia
(which is playing havoc with the
petro-dollar market), China (which
owns an enormous amount of US debt) and the Saudi Royal Family
(which has the
ability to manipulate the oil market at will). What do they all have
in common? They would like to see the dominance of the American economic
system compromised and they probably wouldn’t mind a Barack presidency
either. Both would help to usher in their alternate vision for America.
History teaches us that there is always a subversive force behind
upheaval in American culture. According to an opinion editorial in
Investor’s Business Daily, The Soros Threat To Democracy,
George Soros funds MoveOn.org (“the group that produced political ads
likening Bush to Adolf Hitler”), The Open Society Institute (which gave
NASA’s James Hansen about $720,000, “likely under the "Politicization
of Science" program to advance his global warming agenda) and the
Justice Fund -which provided millions to
angry Mexican-flag waving illegal immigrants demanding U.S.
citizenship in Los Angeles. (9) George Soros also “massively shorted the
British pound in September, 1992.” As Kyle-Anne Shiver writes in
American Thinker,
“The Bank of England was obliged to support the pound's exchange rate
under the European Exchange Rate Mechanism. With the pound plunging and
the BoE pouring billions into supporting it, prospects for the British
economy were damaged -- making the pound even weaker. Eventually the BoE
exhausted its will to support the pound, and had to pull out of the ERM.
The pound collapsed -- and Soros is said to have made a billion dollars
on this speculative attack.”
Shiver also reminds us that George Soros was accused by
the Malaysian Prime Minister of causing the Asian Financial Crisis of
1997 and was branded in Thailand as an "economic war criminal" who
"sucks the blood from the people." He was likely involved in the
Russia-gate scandal of l999, collapsing Russian currency and causing
their default on enormous loans. He was charged with insider trading in
France. In the United States he tried to influence the 2004 election by
selling dollars.
Gov. Huckabee reminds us that 9/11 affected the economy, though it
affected human lives first and foremost. He believes we may be the
victim of economic terrorism. There were 12 consecutive days, where
every day in the half hour before trading ends, there has been an
unusual flurry of activity 9 times more than normal. Bad actors may be
manipulating the marketplace using computerized trades late in the
day, when the market can’t react and then the media reports how terrible
things are, further escalating the problem.
Meanwhile, this free fall is being portrayed as a problem of
deregulation, brought on by the principles of a free market economy
espoused by those with conservative tendencies. What better way could
there be to force a big government intervention and usher in an era of
socialism?
