Wednesday, March 04, 2015

Corporate Whore in Chief

The Sage of Omaha Emerges Over 50 Years As Sometimes Clueless

Read that link, but... It's a lot worse than clueless: Warren Buffet is rich because he figured out a long time ago how to take advantage of regulation and subsidy. Buffet sits atop a Ponzi scheme in the same sense as did Bernie Madoff, except Madoff had the moral decency to practice his art directly on his victims, rather than co-opting the monopolist use of force to steal from everybody.

And unlike Buffett, Madoff didn't brag about his thievery while endlessly claiming his victims don’t pay enough in taxes.

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