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This post was edited by CrimsonTemplar on 12/22/2012 at 10:25 PM
Billionaires Dumping Stocks, Economist Knows Why
In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.
www.moneynews.com CrimsonTemplar
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BamaLivesFootba
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PTCcock195 ●
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CrimsonTemplar
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PTCcock195 ●
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CrimsonTemplar
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PTCcock195 said...
The funniest thing about Buffet is that he's championed as this good guy amongst the "evil" rich people, but the positions he takes are for personal gain.
He supports income tax increases because he doesn't earn an income that would see a tax increase in the accounting sense. He supports tax increases on cap gains and other revenue drivers because his company doesn't actually do anything. If you increase the tax rates it drives down the cost for him to buy controlling shares of everything, but he's positioned himself as the bastion of the wealthy left and people don't realize they're getting fleeced.
This post was edited by RATT on 12/22/2012 at 11:04 PM
RATT
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BamaLivesFootba
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fsufsu
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PTCcock195 said...
The funniest thing about Buffet is that he's championed as this good guy amongst the "evil" rich people, but the positions he takes are for personal gain.
He supports income tax increases because he doesn't earn an income that would see a tax increase in the accounting sense. He supports tax increases on cap gains and other revenue drivers because his company doesn't actually do anything. If you increase the tax rates it drives down the cost for him to buy controlling shares of everything, but he's positioned himself as the bastion of the wealthy left and people don't realize they're getting fleeced.
"A political call, the fall guy accord...We can't afford to be neutral on a moving train..."
BamaLivesFootba
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PTCcock195 ●
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PTCcock195 said...
Again, why wouldn't he? He doesn't actually do anything. Every initiative he proposes or supports would drive down the public value of everything he intends to purchase. He's basically what Romney was portrayed to be but on steroids and has convinced the populace he's on their side.
"A political call, the fall guy accord...We can't afford to be neutral on a moving train..."
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D.Wags said...
seriously? this is a tea party magazine/dot com started by Christopher Rudy financed by William Casey. It's not that I'm shocked that some of you good ol boys believe it, it's that it's even scarier thinking you're running around gathering soup cans water and those lovely automatic weapons you use instead of your penis.
Carry on, this will get more interesting.
Did you know the N. Koreans are making plans to invade us? Did you know that all public education is funded by liberal commies brain washing your kids? Did you know that people from the middle east get free government loans to start liquor stores?
These are all great talking points so I can further enjoy this thread. Carry on.
"Madness is rare in individuals - but in groups, parties, nations, and ages it is the rule." - Friedrich Nietzsche
joetheogre
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D.Wags said...
seriously? this is a tea party magazine/dot com started by Christopher Rudy financed by William Casey. It's not that I'm shocked that some of you good ol boys believe it, it's that it's even scarier thinking you're running around gathering soup cans water and those lovely automatic weapons you use instead of your penis.
Carry on, this will get more interesting.
Did you know the N. Koreans are making plans to invade us?
Did you know that all public education is funded by liberal commies brain washing your kids?
Did you know that people from the middle east get free government loans to start liquor stores?These are all great talking points so I can further enjoy this thread. Carry on.
"A political call, the fall guy accord...We can't afford to be neutral on a moving train..."
BamaLivesFootba
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D.Wags said...
seriously? this is a tea party magazine/dot com started by Christopher Rudy financed by William Casey. It's not that I'm shocked that some of you good ol boys believe it, it's that it's even scarier thinking you're running around gathering soup cans water and those lovely automatic weapons you use instead of your penis.
Carry on, this will get more interesting.
Did you know the N. Koreans are making plans to invade us?
Did you know that all public education is funded by liberal commies brain washing your kids?
Did you know that people from the middle east get free government loans to start liquor stores?These are all great talking points so I can further enjoy this thread. Carry on.
A NovaNoles Design
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PTCcock195 said...
The funniest thing about Buffet is that he's championed as this good guy amongst the "evil" rich people, but the positions he takes are for personal gain.
He supports income tax increases because he doesn't earn an income that would see a tax increase in the accounting sense. He supports tax increases on cap gains and other revenue drivers because his company doesn't actually do anything. If you increase the tax rates it drives down the cost for him to buy controlling shares of everything, but he's positioned himself as the bastion of the wealthy left and people don't realize they're getting fleeced.
DWags
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D.Wags said...
You realize it, and you were smart enough to see through their evil plot! Bwaaaa.
Please continue. Btw his company has really only dumped Johnson and Johnson because their asset to profit ratio is crap but you'll come up with a tea party reason for that too.
PTCcock195 ●
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PTCcock195 ●
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highsnap
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Billionaires bailing out