Posts

Showing posts from May, 2008

Sorosian Hunches

Image
SOROSIAN HUNCHES BY DAVID ARTHUR WALTERS Once upon a time George Soros was the young Hungarian man named Schwartz Gyorgy who spoke Esperanto fluently because his dad taught it. He was the tyke renamed George Soros, purportedly to hide his Jewish roots. He was the teenager who assumed a Christian identity, avoided the extermination of 500,000 Hungarian Jews, and survived the Communist and Nazi house-to-house battle over Budapest. He was the youth who defected from the Communist regime while attending an Esperanto youth congress, and got a degree from the London School of Economics. He was the man who headed for America with a Wall Street career and Professor Popper’s metaphysical science of scientific uncertainty in mind, the very man who eventually made four-thousand percent on his quantum-leaping Quantum Fund, ringing up a net worth of several billions of dollars in ten years flat. He is the bubble man who thrives on punctured bubbles, the man who profits on market manias and panics,

The Economic Bubble People

Image
THE ECONOMIC BUBBLE PEOPLE BY DAVID ARTHUR WALTERS We might safely say that there is truth to science when its scientists know that certain causes lead to certain effects and are able to prove the relationship between definite causes and effects by way of public demonstration. A science that cannot predict events is a so-called science, not a true science at all in the modern sense of the term, and that much might be said of the social sciences having unpredictable humanity as their subject, “sciences” such as the psychological, sociological, political and economic, for such sciences are notorious for their inability to predict even great human events, much to the chagrin of their respective scientists. On the other hand, what hard science has done for us is marvelous, but it deals with very small pieces of the great equation, and what it has accomplished on the whole may be undone in short order by natural disasters, among which we may count man-made disasters, for man is of nature an