Warren Buffet Explained

Let me offer my interpretation of the recent words of Warren Buffet:

Buffet says that he fully understands that at the end of an age the gifted few get fabulously rich at the expense of the rest of us, but it isn't his fault or their fault that you are stupid.

That's the bad news.  The good news?  Buffet is well past his "best before date" and death is an equal-opportunity destroyer.  Bye bye Mr. Buffet.

Fun With QE

I suspect that Goldman and Jamie Demon (on Wall Street) have a crapload of worthless Greek Government debt on their books, and Greece will soon go belly up.  Somebody will have to pay.  Nobody screws with the crooks on Wall Street.

Voila!  Suddenly  the European Central Bank is launching it’s own massive Quantitative Easing {QE} Program to print Euros and buy up……. the worthless Greek paper at Goldman??

Helps to explain why the Euro took a bath on what should have been a bullish QE announcement for Europe.  It’s enough to piss off the Pope.

The Topic Of Cancer

Jamie Demon makes his exit and takes Wall Street down with him.  He is selling out after screwing the gift of Christian freedom in the New World.

Yes, I was among the millions who you legally robbed Jamie.  I turned the other cheek.  You can rob me without recourse, but see if your lawyers can get God off your throat.

Everybody loses Jamie, but you are the biggest loser.

Buffet Devours Canada's Tim Horton's Donut Shops

Sad to report that the third greediest Wall St. weasel on earth has eaten up another of Canada’s fantastic business success stories, whole.  Warren Buffet will find it difficult to out-source the delivery of donuts and coffee the way he did it with shirts so many decades ago.

Buffet started out in business by shafting the meager shirt makers at a tiny Berkshire Hathaway manufacturing plant in the north eastern U.S.  He fired the whole lot and became an out-sourcing pioneer by importing worthless shirts from China and selling them at U.S. manufactured prices.

North Americans from all walks of life are unemployed today because of the out-sourcing genius of billionaire Warren Buffet.  And if your pension plan went bust, he may have had a hand in making that come about too.

The good news?  Mr. Buffet is old and creaky now, and the Grim Reaper cannot be robbed or bribed.

Wall Street Warriors

In my view, the three greediest men on earth are Lloyd, Jamie and Warren, in that order.  Recently, there were media reports that suggested that the Grim Reaper might be coming after Jamie.  Poor Jamie!  What do you do when you’re trapped between two pit-bulls and you’re looking a bit vulnerable?

And what will the world do if Jamie decides to dump his trillions of dollars in bogus securities overnight?  The entire planet-wide financial house of cards will collapse in a worthless heap.

U.S. Dollar Levitation

Back in the 20th century, when Rhodesia (now Zimbabwe) began paying its bills by printing money, the currency collapsed.

Today, the U.S. routinely prints trillions of worthless dollars to pay bills.  No problem.  No U.S. dollar crisis.  Why?  Many of the world’s most thoughtful financial observers have called for the demise of the U.S. dollar … for years.  Perhaps I can shed new light on the “logic” surrounding the levitating dollar.

In the 21st century, we peons are pawns in an emerging “One World Government”.  A few mega-wealthy oligarchs pull strings to manage major world currencies in unison.  All governments print fiat money at the same pace.  Relative values between currencies therefore remain stable. Flight of capital from one currency to another is totally futile. There is nowhere to run.  No flight of capital?  No currency collapse.

At the same time, trillions of dollars are siphoned off on an ongoing basis into a vast derivatives market betting scheme that buttonholes the mountains of currency sloshing around the planet.  This phantom lottery facilitates the funneling of all real wealth into the hands of the oligarchs.  At the same time it inoculates world financial markets from what would otherwise emerge as soaring inflation.

So today, oligarchs are feverishly running from one economic lever to another, making adjustments to keep their giant scam afloat.  When will this end?  Somewhere down the road SOMEONE WILL PULL THE WRONG LEVER.

GE Bolts?

GE is said to be spinning off it’s Financial Sub, which is apparently the largest private U.S. credit card issuer.  My guess?  Unlimited credit card availability, even to the homeless, is funded by floating worthless sub-prime paper.  When the chickens finally come home to roost, the banksters hive off their troubled business to unsuspecting retail victims who end up holding the bag.

The credit card business has been a license to make big money hand over fist.  Pay attention when the banksters run for the exits.

Yellen About Interest Rates

Markets shudder every time U.S. Federal Reserve Chairman Janet Yellen hints at an interest rate hike.  Money has been almost free in the U.S. for years and her favorite bankers have levered themselves up to the tune of  hundreds of trillions of dollars as a result.  They are way past the ability to unwind their gluttonous positions, so any meaningful interest rate hike would bring their whole house of cards tumbling down.

And no, your banker will not give you a loan at zero interest.  Only Jamie and Lloyd and friends get to go to the bank, so the U.S. economy is heading for the dumpster while they buy up the entire planet.

When will it end?  They don’t own everything yet.  They’ve pretty well picked the pockets of the pensioners and crushed the residential mortgage market.  They have robbed foreign governments blind and taken over the U.S. Treasury, but there are still a few smaller Wall Street players left to swallow.  Greed devouring greed.  No end in sight for the moment.

Buffet - A Long Story

I didn’t realize it at the time, but Warren Buffet came into my life over fifty years ago.  I was a teen-aged clothing salesman at a T Eaton Co. Department Store in Canada.  Our most expensive shirts were U.S. made beautiful specimens from a company called Berkshire Hathaway.  I wore what I sold so I knew they were the very best in every respect.

Then one day I put on an expensive Berkshire shirt that didn’t meet the mark.  It was cheaply tailored garbage.  Buffet had closed the U.S. Berkshire factories and replaced their brand with worthless trash from Chinese slave mills.  He ripped off loyal Berkshire shirt customers for decades and destroyed its U.S. mills and workers.  He and others like him have made vast fortunes at the expense of the workforce in what was once the most prosperous and successful Christian nation on earth.

It was forty years before I mentally connected the Berkshire shirt tragedy to the pompous stuffed shirt who named his Wall Street investment company after the corpses of his first victims – Berkshire Hathaway.

Buffet and his Wall Street buddies have used the Chinese shirt model to destroy many once prosperous U.S. industries.  Americans drive Chinese Chevrolets while Buffet bulldozes Detroit.  They pay U.S. prices for slave camp facsimiles.

Today the Buffet U.S. railway oligarchy is making money hand over fist by shipping dangerously explosive unit trainloads of fuel right through towns and cities all across North America.  Villages are going up in flames after huge rail accidents.  Cities are next.

Does Buffet care?  Did he care when he bulldozed Detroit?  He cares only about money.  How do I know?  It’s a long story.

Wall Street Schitzo

Wall Street has now completed its transition from ethical to tribal mode and nobody seems to have noticed.  Fortunes have been made in the process.  Tribalism leads to violent anarchy.  Chaos.

But don’t be alarmed if you are one of the few left standing who understands the meaning of ethical conduct.  At this stage of devolution and decay we are beyond ethical solutions.

What would happen if there were honest souls left who could recapture the reins of power on Wall Street?  Sad but true that there are no balance sheets left to balance.  Ethical analysis would reveal overwhelming bankruptcy almost across the board.
The result?  Violent anarchy.  Chaos.

There is no way out.  Our fate is sealed.