Soros Fund Management LLC bought 258,774 shares of Mountain View, California-based Google, the largest maker of smartphone software, bringing the total position to 259,900 shares valued at $167.9 million as of Dec. 31, according to a filing yesterday with the U.S. Securities and Exchange Commission. Soros increased holdings of information technology stocks by 12 percent in the quarter. [Bloomberg]
Wait - did I read that correctly? Soros increased holdings of information technology stocks by 12 percent in the quarter? Guess what folks - "information technology" is just another way of saying - THE INTERNET.
This could explain some strange goings-on with youtube recently with a decision to shut down one of the world's premier sources of Obama eligibility material showing that Barack Obama is a fraud.
The world famous PPSIMMONS youtube channel, a Google "product" now partially owned by George Soros, became history suddenly last week and 500 videos, 100 of which detailed Barack Obama's ineligibility to hold the highest office in the land, went dark leaving tens of thousands of subscribers wondering "What the...!?"
Considering Soros' prior dealings, you know, bankrupting entire countries for personal gain and what not, this is certainly not beyond what could be expected. To all the conservatives out there with a message here's a word of advice. Back up your online property on a hard drive somewhere. You might wake up one morning and find years of your own hard work on the "information technology" has faded to black.