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Hmm this dosent sound very good.Sounds like the Feds screwed us. Inflation and interest rates about to sky rocket and housing market crash again.
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.
This post was edited by CrimsonTemplar 16 months ago
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 PTCcock195 16 months ago
thats what people said about that guy the first time he said this was gonna happen.
Are the projections that haven't happened yet untrue or the sell offs of stocks untrue?
Apparently facts are hard to believe.
Man didn't make his money by being stupid.
This post was edited by RATT 16 months ago
I pulled out at 13400. I plan to buy back in when it hits 9000
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.
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.
I think we need to start a "ITT we list Tea Party conspiracy talking points" thread
I believe that about middle easterns.
Oath Before Orders
It's true!!! And they then send money home to fund terrorists! Please continue!!!
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.
I'm not a Tea Party supporter and haven't defended anything in the OP's link. I simply asked what wasn't true.
Thanks for stereotyping, bigot.
Your post screams "conspiracy theory" you have no credible evidence except saying Buffett, who donated 37 billion, to the Gates fund this year is greedy and wants more. So, what do you say, without being able to give us one fact of how his position supports himself more then our country, unless you parrot far right wing publications, and how his tax philosophy would only make him more wealthy. I'll save you the time and list the right wing tea party publications that spread this crap around if you'd like.
the Capital gains tax has always been ridiculously low. It's pathetic. That's where Buffett makes his billions. He's willing to increase that. He didn't say lets just raise the personal income tax. He's a thorn in the very wealthy's side, so the very wealthy publish half truth magazines and the middle and lower class believe what they read and actually take up the fight for them. In the mean time, the very wealthy are able to shelter themselves from any capital gains, yet the people in the 250k - 120k who are getting thumped by heavy taxes and don't have all the investments the mega wealthy do are running the ball for them. It's funny to a point.
Keep carrying the water for the Coch brothers and the Devoses they love it.
Supporting increases in various taxable revenue streams would decrease investable income, thus decreasing share values and allowing Berkshire Hathaway to do what it does cheaper. It's not rocket surgery...nor is it partisan conspiracy theory.
I moved all mine to low risk at about the same. Will buy back around 9000 as well
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