00:54 GMT +320 October 2018
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    Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016.

    US Midterms: Soros, Democrats Likely to Lose… Again – Wall Street Analyst

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    Opinion
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    Ekaterina Blinova
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    US magnate George Soros and his liberal counterparts have good reason to be up in arms about Donald Trump and the Republican Party ahead of the upcoming midterms, Wall Street analyst Charles Ortel told Sputnik, presenting his prognosis on who would be the winners and sore losers in the November vote.

    US billionaire George Soros is preparing for a decisive battle for the US Congress by investing heavily in the Democrats. According to The Atlantic, should the Democratic Party win the House, they would be able to kick off "non-stop investigations" into the Trump administration and "possibly commence" impeachment procedures against the US president.

    Soros has been joined by fellow liberal donors and his son Alex, who has poured nearly $3 million into Democratic committees for the November midterms, as Federal Election Commission data indicated.

    Charles Ortel, a Wall Street analyst and investigative journalist who has been looking into the alleged fraud by the Clinton Foundation over the last few years says that the anti-Trump leftists have good reason for losing sleep over the upcoming vote: There is much more at stake for them than one could imagine.

    "George Soros, through his 'Open Society' Foundations and affiliates appears heavily invested in foisting unregulated 'globalism' on nations worldwide," the analyst told Sputnik. "Under unregulated 'globalism,' he, his investment funds, and companies in which he invests are better able to game national regulators and profit from volatility in stock, bond, and commodity prices."

    The investigative journalist remarked that Donald Trump's approach to "unregulated globalism" and its controversial endeavors and practices is well known: The president is about to bring an end to these.

    "Donald Trump's 'Make America Great' approach, his encouragement of other national leaders to concentrate on internal projects, and his disdain for corrupt, expensive, and ineffective globalist projects are a direct threat to Soros so it is natural that he and other 'liberal' donors would fund opponents of Trump and or Republicans," Ortel elaborated.

    The Wall Street analyst pointed out that "a particular fear that Soros and allies should have is that President Trump and Congress will enforce and tighten laws that bar 'charities' from engaging in partisan political activities and from profiting personally in any significant way from their operation."

    Why Kavanaugh's Appointment is Step in the Right Direction

    According to Ortel, the appointment of "strict constructionist" Brett Kavanaugh as a Supreme Court Justice is one of the steps in this direction.

    Commenting on the disruptive protests in the streets against Kavanaugh by a coalition of activist organizations including Women's March, the Center for Popular Democracy (CPD) and Housing Works, backed by Soros and his left-wing counterparts, Ortel noted that Democratic lawmakers in Congress had been no less "reprehensible."

    "Behavior of Senate Democrats, especially in the Judiciary Committee was reprehensible," the investigative journalist said. "President Trump earned the absolute right to nominate a qualified candidate to replace Justice Kennedy on the US Supreme Court. As a candidate, Trump long ago submitted a list of names he was considering and Democrats had many months to study each of them, including Kavanaugh."

    Ortel has drawn attention to Senator Feinstein who, "in particular behaved deplorably," he stressed: "If it is true that she first received the complaint from Dr. [Christine] Ford, she could have arranged to investigate the allegations in confidence, well before the last-minute circus that erupted and unfairly tarnished many persons, even including (possibly) Dr. Ford."

    "As the confirmation saga recedes in memory, a clear takeaway is that Democrats embrace mob-rule antics, while believing that laws do not apply to them and to their supporters. America remains a conservative nation (protestations from media 'elites' notwithstanding) and I believe the polls do not yet reflect true, underlying reality," the Wall Street analyst suggested.

    According to him, the Republican Party has good chances of winning as "independents are a growing share of likely voters."

    "I believe a clear majority will support Trump and Trumpism, preferring winning over losing under economically clueless, intolerant, arrogant, and fake elitists!" Ortel said.

    Under Trump Red is the New Black

    Referring to The Atlantic prognoses, the Wall Street analyst opined that "as in 2016, supposed elite commentators are well out of step and believing their own pipe dreams."

    "Yes, if Democrats win the House (and they could do so, conceivably) they will throw sand in the gears of the Trump agenda — but they are most unlikely to secure the required 67 votes to convict anyone they ultimately do impeach (should they do so) in the Senate," he underscored.

    Ortel believes that more likely Democrats will lose again. He foresees that they will "grow even angrier and reckless, challenging the vote count and the legitimacy of those who do win, particularly if they support President Trump's agenda."

    "History is repeating itself, with a different rhyme — 'progressive' yet intolerant Democrats are an army of sore losers, who have yet to understand the folly of believing that unregulated 'globalism' will benefit any worker based in a rich (and expensive) nation as the march of technology renders all of us vulnerable to replacement," the analyst said.

    "Revolutionaries fought 'redcoats' and cold warriors fought the 'red menace' — but under Trump, red is the new black — and I expect a red wave, and a blue whimper on November 6, 2018, recognizing that fate can still intervene to change many calculations, possibly at warp speed," he concluded.

    The views and opinions expressed by the contributors do not necessarily reflect those of Sputnik.

    Related:

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    Tags:
    anti-globalism, globalism, Democrats, Republicans, protests, money, 2018 midterm elections, The Clinton Foundation, US Congress, Open Society Foundations, US House of Representatives, US Senate, Brett Kavanaugh, Donald Trump, George Soros, United States
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