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A Billionaire Lectures Serfs In Davos: "America's Lifestyle Expectations Are Far Too High"
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
If you listened closely this morning, you could hear humanity vomit as JP Morgan CEO, Jamie Dimon, began to speak at Davos. In what amounted to some of the most egotistical and delusional statements heard at a conference filled with egotistical and delusional participants, Mr. Dimon didn’t disappoint. Here are a couple highlights courtesy of Twitter:
*DIMON SAYS `YOU DON'T WANT A WEAK JPMORGAN' - or else
— Tim Backshall (@credittrader) January 21, 2015
Jamie Dimon: Family first, country second, and JP Morgan- it's the best I can do for this world. @jpmorgan $JPM
— Julia Boorstin (@JBoorstin) January 21, 2015
Such shameless insincerity would even make his Best Banker Buddy (BBB) Barry Obama blush. I don’t know about you, but I’m eagerly awaiting Mr. Dimon’s 2028 Presidential run with Chelsea Clinton as running mate.
But I digress. Just when you thought it couldn’t get any worse, it has. Enter billionaire Jeff Greene, who’s comments at Davos make Sam Zell look enlightened.
Billionaire Jeff Greene, who amassed a multibillion dollar fortune betting against subprime mortgage securities, says the U.S. faces a jobs crisis that will cause social unrest and radical politics.
“America’s lifestyle expectations are far too high and need to be adjusted so we have less things and a smaller, better existence,” Greene said in an interview today at the World Economic Forum in Davos, Switzerland. “We need to reinvent our whole system of life.”
Wait a minute, “we” need to reinvent our whole system of life? I’m curious, Mr. Greene, how specifically will YOU be adjusting your lifestyle expectations? I didn’t think so. Kindly shut the fuck up.
Greene, who flew his wife, children and two nannies on a private jet plane to Davos for the week, said he’s planning a conference in Palm Beach, Florida, at the Tideline Hotel called “Closing the Gap.” The event, which he said is scheduled for December, will feature speakers such as economist Nouriel Roubini.
Apologies, it appears when it comes to Jeff Greene, he is adjusting his expectations in the opposite direction, upward. Jewish Business News reports that:
Billionaire Jeff Greene really does believe that he can get $195 million for his California estate, which just so happens to be the most expensive listing for a residential property in American history.
The 59 year old made his money by betting against the subprime mortgage market that burst in 2008. But many observers think that the $195 million price tag on the Beverly Hills property is just a type of marketing gimmick and that Greene does not honestly expect to get that much money for it.
Greene dispelled these rumors in an interview with the New York Times. “When you consider the value of the land and the quality of the construction. $195 million is really quite reasonable,” he said.
Oh, but there’s more. When Mr. Greene had the audacity to run for the U.S. Senate in Florida back in 2010, salacious details about what went onboard his yacht came out. While I don’t care what he or his friends do in their spare time, this doesn’t seem to vibe with the idea of Americans lowering their lifestyle expectations, does it?
From the Huffington Post:
Working on Greene’s 145-foot Choy Lee yacht was like being “locked” in Studio 54 in its prime. It was nothing short of, “Sex, Drugs, and Techno Music.” Celebrities, “hired” party girls, mayhem, and debauchery. I saw more tits and ass in one night on Jeff Greene’s Summerwind than I have for the past seven years on South Beach.
Greene attempted to dispel reports of the alleged partying that went down on his boat earlier this week.
“When I’m on my boat, we’re kayaking, we’re scuba diving, there’s no wild parties,”said the Senate hopeful at a press conference. “I think that people are trying to associate time I’ve been on my boat when I’ve had some different kinds of colorful guests. They’re trying to associate me with that. But, look, I’m a 55-year-old man. I’m not a partier.”
The “colorful people” alluded to by Greene could include Lindsay Lohan, whoreportedly spent time on the yacht in St. Barth’s last New Year’s Eve, and former heavyweight champ Mike Tyson, who has reportedly partaken in vibrant festivities aboard the vessel.
Peach recalls, “Mike Tyson got on board sometime in late August. I particularly remember serving Tyson a vodka and Red Bull while he was receiving oral sex from a hired entertainer.”
Tyson, now sober, offered a detailed account of time he spent on Greene’s yacht to Sports Illustrated last month.
“This [drug dealer] goes and gets me a big rock of cocaine,” he said. “So pretty soon I got a party going on. I got everything: I got these rugby players. I got these naked girls, I got all these … everything’s going on in the room.”
Now back to the Bloomberg article:
The billionaire said he’s planning on having dinner tonight with former U.K. Prime Minister Tony Blair, and will attend several private meals and parties throughout the week.
It’s no surprise that such a disingenuous guy would find the time to have dinner with Tony Blair, a celebrated crony capitalist and war criminal. Here are a few Tony Blair lowlights I have showcased previously:
Picture of the Day – A Very Creepy Season’s Greetings from Tony Blair
Tony Blair Gets Paid (Again) – Secret $61,000 per Month Contract with Saudis Revealed
Apparently, some lifestyle expectations are more equal than others.
Have a Nice Day:

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Mr. Greene, perhaps you should expect less. Or more of something else.
Let the serfs eat the rich.
americans need to lower their expectations...
sure, you first, jerkoff...
just to let you know what tptb have for breakfast, as it were:
http://gawker.com/flight-logs-put-clinton-dershowitz-on-pedophile-billio...
i think this fucker just made many 'lists' when the revolution occurs
he has billions...id advise him to go hide away forever...starting now, before the have nots take all his shit and he can beg to live
“America’s lifestyle expectations are far too high and need to be adjusted so we have less things and a smaller, better existence,”
Amen Mr. Greene...words of wisdom indeed.
Most of the participants in this forum can easily be associated to Leo Strauss' Vulgar Many
the vulgar many, are lovers of wealth and pleasure. They are selfish, slothful, and indolent. They can be inspired to rise above their brutish existence only by fear of impending death or catastrophe.
Was the typo missing space in front of Lohan's name a mistake? (whoreportedly) +1
Oh how simple...
Do as we say... not as we do!
Well, we know where he will be come December.
Hotel lobbies make the darnest meeting places.
Jeff Greene should be able to afford a camel small enough to fit through an eye of a needle.
I've never seen the unedited version of what these guys do before. And to a great soundtrack. Give it a minute. You'll see iconic pictures without the edit. And the song will make more sense.
https://www.youtube.com/watch?v=1ar27ChFKqA
I happen to be busy this weekend [working my 3rd job to barely make ends meet in my 'high expectation' life]...
As such, could we get 'Fireball', or 'Sub Zero', to pinch hit & take this guy out?. If not, maybe 'Buzzsaw' is available.
I expect Mr. Greene may need some outside help in making the adjustment to a simpler lifestyle. San Quentin sounds about right.
Hate to say it, but yes, a lot of people on this forum have a collectivist trait that can't be denied.
The guy has a shit-ton of money, great!!!, good for him. He throws wild parties? sweet!!! wish he invited me. He says stupid things like 99.9% of the people, what's the problem? I know, the problem is that he's billionaire, he has a big yacht, private jet, a big mansion. Well, I'm sorry for the butthurts but, unless news of criminal behavior, he earned his money fair and square. In spite of what many minions here think the stock market is, it doesn't give something for free.
Different thing is the FIAT money scam. Although, you shouldn't blame the SMART people who benefit from it, but the IDIOTS who facilitate it. Or in other words, the "voters" who keep giving powers and attributions to politicians and bureaucrats. How do they call those? yes, the unwashed masses, and that's exactly what they are (hate me commies). "Yay, I'll vote for Romey/Obama/Ron Paul/Hillary/McCain because she/he will do these wonderful things FOR ME: cut/raise taxes, improve my economic situation printing money, protect me killing the 'bad' guys, give me FREE education/healthcare/cell phones, and so on and on and on..." IDIOT; yes you fool, they will do all those things FOR YOU. Democracy: where murder, rape, robbery, kidnapping, and so forth is good as long as the majority says so.
/end rant
Hey there Multi ever heard of a guy called Hank Paulson, he's right up your fair and square way to make money..but maybe your one of the blokes setting libor rates and front running it..fuck off.
Sorry ~ I posted this later in the thread, but it's better suited here [whereby 'Multi' has seen fit to grace us with his insights].
But the TRUTH is that this wasn't just a 'wow ~ I could have had a V-8' revelation. I mean, I'm sure there were many who bet against subprime and lost their asses in the process.
Penciling this guy in as the #WINNER, in my book, is akin to calling Larry Silverstein a genius for:
- Getting his hands on a [formerly publicly run] property arguably worth 3.5 billion
- for only $15 million invested
- That was scheduled for a multi billion dollar renovation to remove asbestos
- Where Marvin Bush was a head of security
- & insure it, specifically for terrorist attacks
- which ended out paying out DOUBLE [though it should have not been considered that way]
- & getting those buildings demolished only weeks later
- and having a new building constructed, at the public expense
- Yet the new building LEASES remain in private hands
I guess Silverstein is just a genius or something. Kudos to him right?
"unless news of criminal behavior, he earned his money fair and square."
No news... yet... ticktockticktock...
"In spite of what many minions here think the stock market is, it doesn't give something for free."
Quite right ~ Now let's see, Swiss Re & Munich Re were 'on the hook' for the $7 billion that Silverstein & friends collected. Gee ~ I hope your 401k monkey manager didn't have you in any of those. & WOW! Besides airline stocks, both those re-insurers were heavily shorted in the run up to 9/11. Some 'gained & lost' on those too, though I suspect its probably easier to list who PROFITED than who lost.
Nothwithstanding ALL OF THE ABOVE ~ The point here is that even if this jerkoff is a saint [whereby there are numerous anecdotes to suggest he's NOT], the main point is that said "jerkoff", now, is standing up in front of a podium of his new BFF's, in whose hands 'most' of the world is held hostage, talking about how the 'serfs' they control need to eat more fucking peas.
FUCK YOU!
And I'll bet that most of that is covered in the 28 classified pages of the 9-11 congressional inquiry report. Hence, why it is still classified.
absolutely no doubt
What's fucking hilarious to me is that this guy is speaking in front of a DAVOS crowd about American's 'lifestyle expectations'.
It is these very 'lifestyle expectations' that the DAVOS ilk have worked extensively to cultivate over the past 100 years by way of:
- Hollywood
- Pop Music
- all the MK Ultra shit
- Free Shit Army
- Endless Wars & "Thank You for your Service" bullshit
- American [non]Exceptionalism
- soccer moms & SUV's
- Phony 'Global Warming' fearmongering
- University of Phoenix/ITT Tech/Strayer College 'hang urself for life with some worthless diploma'
- Get on the debt hamster wheel or you're considered a 'mentally ill' terrorist
It starts with the first Disney cartoon & box of Sugar Pops that a toddler eats & follows them cradle to grave [even when they try to tune it out]. And now this @sshole wants to 'tut-tut' the serfs and THEIR expectations.
JFC ~ give it a rest!
Jeff Greene
GO
FUCK
YOURSELF
GO
FUCK
YOURSELF
GO
FUCK
YOURSELF
GO
FUCK
YOURSELF
GO
FUCK
YOURSELF
GO
FUCK
YOURSELF
“We need to reinvent our whole system of life.”
.
i.e.,
.
'We need a New World Order.'
I think I'll adjust my AIM, instead.
He also said you and other poeple need to work harder and expect less.
ZWO protocol #16 Keep the masses in poverty and perpetual labor
For the gods on earth, $55 dollar caesar salads. For the donkeys, GMO poison.
The underlying problem...we want to blame those who are smart enough to figure out the game,,,how to profit from the mass's stupidity or just simple genetic coding that allows us to ALWAYS fall for the same trick. Something for nothing...the fast buck, any fucking lie that tells us we can get more for less. We have been successfully marketed to, to expect..no, demand more for less. And we will support ANYONE, from the devil on up to the saint, who will promise it to us. This Greene fuck figured it out, he saw what was coming, not just fucked government policies but the people, the fucking sheep, lining up for the "free" this and their "low interest" that and their "no down" the other. Yes he saw it and made big, just like Kyle Bass. The difference is he's rubbing our faces in it, but still he speaks the truth. That's the one thing that being filthy rich gets you....the ability to speak the truth.
We know the truth. We know that everything is going to get worse because their is nothing to make it better. Only higher expectations..or demands...for more while doing less. "We the people" don't care if they are cutting our limbs from our bodies and feeding them to us, as long as we believe the lies, that it will be all right in the morning. Everyone is bemoaning the fact of how hard they must work, yet none wants to acknowledge how hard previous generations had to work. My father shucked corn by hand for 25 cents a day including room and board when he was young. Who the fuck here has done ANYTHING like that? And why do we think we deserve more? Because some smart rich fucks figured it out? How many enlightened geniuses here think THEY are smart and that THEY are going to get rich off of some PM run up, or other financial bet. People don't want to work harder. They want something for nothing because that is the one thing that makes them feel smart. And they HATE anyone else who has been proven smarter.
Look at the hate for the jews. Everyone complains about how so very few can gain control of so much. That is is some big conspiracy against non jews. And so it may be, but how? How did they trick us. For the most part they have not put a gun to our head. They have figured us out..outsmarted us. It seems that simple to me. And if they must tolerate, we, the losers, bitching and moaning about how evil they are, they seem to handle it in stride.
Why the fuck can't each of us actually learn something. Rather than simply killing or punishing those who we must acknowledge as being smarter than most, why can't we strive to be smarter instead of falling into the same bullshit paradigm that has existed from the beginning of time. Like "eat the rich" has ever been a solution.
Those at the top are not stupid. As they have done in the past, they will continue to observe and anticipate us. They will offer us more of what we already possess, taking ever greater percentages of it until there simply is no more. Maybe they are evil, but that evil resides in all of us and will appear when the time comes.Lets not perpetuate it further.
The answer is to simply not play the game. To not participate in our own demise. It's not easy and I don't have the answers. I'm just another dumb working schmuck, but I think I do see the bigger picture. Lets figure it out. This cycle needs to end and it can only happen through a more complete and universal awareness of what exactly IS in our own best interest. Until we understand that our personal interests define our collective interests, we will continually be fucked by those who drive us like sheep, who will educate..indoctrinate us, to believe that our path to utopia comes in the form of sacrificing our self interest for the collective... to them. Buy what we are told to buy and surrender what we are told to surrender. We set out deer feeders for what purpose? Because we love deer,,, or like their taste on the grill?
Wisdom has existed from the beginning of time, yet lives in the shadows for no one wants to hear or see it until its too late. We all know what it is and it always circles about one truth...THERE IS NOTHING FREE. Anyone who offers it to you is trying to rob you. And our central self absorbed interest is about how we see ourselves and how others see us, and all of us wants to feel smart, and smart is getting something for nothing. It is what has driven greed, but also technology. As someone who has worked with my hands, building things, I can tell you that automation is ALL about something for nothing. The leveraging of yourself to create more with less effort. At some point we will only be satisfied if we can lay in our bed and simply dream about work and still get it done. What a mess.
Spot on, Oldwood. People here can lambast the Jews, banksters, fill-in-the-blank Evil Ones, but in the end it's up to YOU to make your life worthwhile. And if money and status is your god, there is no happiness...just endless attempts to fill a void.
God is light, energy, and consciousness. People who live in darkness will never find God.
oldwood, your long post did you a disservice..2008 and rape of wealth, 50 yrs of off shoring, 50 yrs of open immigration, crime and front running, don't mix being smarter with being the biggest criminal gang who has payed off justice dept and elected pols..we are talking criminals here not genius. a big differance. I expected better from you.
Son of a bitch I think I am on the wrong website. I don't want a fucking thing for free and no one in my immediate family wants anything for free. We want to work and be free from the chains of govt and free to do what we want to do. I don't give a shit that he has money, what I care about is that he is a prick. He thinks because he is wealthy he is smart. And apparently you think people who are rich are smart. Fuck you. It tells me what you value. You mention wisdom. You obviously are not wise and your age very obviously has not brought knowledge, wisdom, or understanding. Worked a 14 hour today and very happy to do it but I am too tired to continue this rant against someone so obviously blinded by the very propaganda he decries.
Cashing in on financial manipulation on Wall Street cannot reasonably be characterized as "earning" you money "fair and square." No production involved there.
Multi; what fucking idiot you are. I don't care that he is rich and most here don't care. But when he takes his wealth gives him license to tell me what I should expect in my life and all the citizens of this country should expect I take a huge exception to this. Money does not make a person more intelligent or give them any more right to tell me what I should expect from my life. You are completely on the wrong website. Please leave and go find a billionaire to befriend so that you can do some lines and have a hooker blow you while fantasizing about the naked rugby players ass across the room from you. Good luck to you in the future new normal.
If not I hope he gets a camel in each eye.
Rumor has it there were two camels on the Yacht.
The9thDoctor
If you are going to mine that kind of metaphor,
Here's another one..."What shall it profit a man if he gain the whole world and lose
his own soul". Even if he owned it all he couldn't afford a downpayment on eternal
life.
Rage
https://www.youtube.com/watch?v=v5NeyI4-fdI
Hunter Thompson you have a call on line 1
eh, i wanted to agree with you but when/if "the revolution" were to actuallly break out these guys would be out of here before it even started. they have helicopters, jets and im sure some of them having secret hideouts scattered throughout the country with lots of supplies. enough supplies to make a 'prepper' proud since these fucking guys probably have their own personal armies as well....
its the "millionares" that live in places like North Jersey, Long Island and Connecticut (the .01%'s neighbors) that might have to worry...
Bingo. The only way to get these cunts is electronically. Without anything backing money, in the event of a big resent, these guys only own what they carry or can protect.
I'm taking the yacht when he flies away.
"if 'the revolution' were to actuallly break"
Its really in the hands of military and police. As
long as they get paid, the 1% are relatively safe.
There were a number of times when the Legions
turned on Rome, usually over pay.
simple observation rccalhoun :
money is not eatable, money do not heat, money is not drinkable.
money worth nothing in shtf situation, keep waiting, prepare, and observe, it will be the funniest spectacle ever
Fuck Jeff Greene
Jeff Greene look alike's ought to consider plastic surgery quickly
The world is closer to the "Elysium" model than anyone knows... Hell, we are already there as the gap between the haves and have-nots is growing by the day, while idiots like Greene and Dimon try to pass it off as the new normal...
Its always been the normal.
Stop playing and then complaining of how the rules are stacked against you. THEY make the rules, so if you play THEIR game, as in Vegas, you lose and the house always wins in the end.
As a serial complainer I must admit I do get a certain "pleasure" from whining, but in the end, I must acknowledge that my life is what I made of it. It kind of sucks, but as long as we have support groups that allows us to focus our rage on those smart enough to have figured it out, it all seems fair.
Fucking Jews
Fucking bankers
Fucking politicians
Fucking college professors
FUCKING car salesmen!
FUCKING Bill Gates!!!
The tools of our own destruction are everywhere, people lined up to sell them, or even GIVE them to us. How may we ever resist?
Our "Elected Leaders" and "Captain's of Industry"
Degenerate criminals. They threw this country overboard 40 years ago.
he does not have to lower his lifestyle because he is jew.
from Wikipedia "Greene was born in 1954 in Worcester, Massachusetts to working-class Jewish parents. His father ran a business selling textile mill machinery. His mother was a Hebrew school instructor who taught Greene to "save his pennies, look for value, and never pay retail."
Only americans must lower their lifestyles, but not them...
Yeah, let's reinvent Jeff Greenes billions away, and see how he likes down scaling, LOL. He should just shut his fucking mouth.
you may not like him, but his words are true, and truth is all that matters.
america has indeed binged and partied like it's 1999, lived an extravagant lifestyle beyond its means, based on cheap and easy credit.
america and the west have indeed been living a lie, like a financial illiterate who's maxed out his credit cards and has reached the end of his rope.
it doesn't even matter if you believe him or not, the chickens are coming home to roost anyhow.
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
Billionaire parasite>in Davos>preaching Austerity = hypocrite>ripe>hanging
In other words, the days of "exorbitant privelege" along with the accoutrements associated with it are numbered for 'MERICA.
Funny how often the most twisted, self-serving, malevolent, unscrupulous, decadent, psychopathic pieces of satanic shit tend to be the most outspoken advocates for "sustainability." Why is that?
Because they KNOW its all built on shit. We are the ones who think we can keep doing the same shit forever and it all comes out unicorns and skittles.
Who has the greater sense of future, the farmer or the sheep?
Feed me...bleat...feed me more!
Where's my fucking feed?
Why is that big truck backing into the lot?
Bleat???
He may be correct, but that doesn't change the fact he is a hypocrite asshole. Oh, and use quotes when citing Mises.
"based on cheap and easy credit"
Hangovers hurt and can be long lasting
I got up at 0300 this morning and realized I was running low on cigarettes- so I jumped in the car and headed off to the 7-11 in the nearest town. The 5-lane roads, shop and streetlights that illuminate NOTHING - it is UNSUSTAINABLE. It was financed by cheap FRB petrodollar credit. What goods and services does SW Virginia produce and export to the rest of the world?
I covered the same distance as the commute to Zurich Airport from my primary residence - more people producing far more and basically dark unlit 2-lane roads at night. Perhaps Mr. Greene should try driving from Davos to Saas at 3 in the morning to better understand what sustainable looks like.
Without US perpetuation of the unsustainable- Mr. Greene would not be a billionaire, and the two most likely paths forward are either Mr. Greene lays off some nannies and accepts the lifestyle of a mere millionare, or his head and his wallet are rehypothecated by either the State or the masses to perpetuate the unsustainable status quo just a little bit longer.
It's not just the masses who have to readjust their expectations, because their meager slice of the pie CANNOT underwrite the status quo. Perhaps Mr. Greene should have been telling his buddies - pay up or shut up.
Sorry UR, for a moment there I visions of The Waltons and you driving down to Ike's for some smokes, only to be given a lecture by Corebeth.
Long pork pies.
Long pitchforks and torches.
And these monied hypocrites are supposedly our self styled leaders. I just wish Jeff would mind his own business and leave the rest of us alone, instead of trying to steal more.
he can't help it; it's his "religion".
He made his fortune "betting" against the subprime mortgages. Most likely with someone else's money. The productive class at its best.
You missed noting that he (and his ilk) were not just betting with others "money" (miniscule "Mates Rates" via their abundant connections), but also having the advantage of all the right "inside connections" (not "Insider Dealing" per se., but as effective in risk reduction), to ensure their "bets" always were winners.
Notice how most (not all) members of this very exclusive "Billionaires Club" seem to have provided us lesser mortals with no real "value" in return; genuine "Added Value" innovation is now so last century. Welcome to the New Normal - where "Financial Innovation" is THE clearly demonstrated pathway to "Get Rich Quick".
Wow, I wonder how we could have let that happen?
They can't loose: if they bet right (using OPM), they get filthy rich.
If they bet wrong, and even loose as much as 99.8%, they can simply apologize for having been overzealous on behalf of the investors.
They are not handicapped by Middle Class morality or Christian virtues -- or they'd be as poor and self-righteous as the shmucks they use.
Right you are, and in the end you won't see a hearse with a trailer hitch at those funerals. Last time I heard they are all on the same level once they go for a swim in the lake of fire.
They make the rules and we play by them. Why do we do that?Most of these rules are moral rules, not enforceable by laws, and are not the rules THEY live by. We can only combat this by demonstrating that we will only play by the rules that THEY play by.
I'm not for living an immoral life as I do think our morals have great value, it just that we cannot fight a war against an opponent that doesn't follow the same rules.
We simply do not buy what they are selling. And I'm not talking coffee. I'm talking their bullshit of something for nothing, be it through debt, through redistribution, or through destruction of our environment for short term benefits. Every cost of this system is borne by the future. None of it is pay as you go, and as such allows the greatest corruption and theft the world has ever seen.
In other words, "I got mine. When you figure out that you will never get yours, live smaller and don't come after mine." Right.
In the end, everyone dies. By everyone I mean even the rich.
How the hell does someone downvote that? Do you actually disagree?
While the 0.001% value an unchallengeable social "stability", I've reluctantly concluded that Chaos is a better alternative.
And I think we're going to get it.
You can't tell an azzhoe, he's an azzhoe...
Fuck You Jeff!
'whoreportedly'
best... Freudian slip... EVAR
If Orange is the new Black, is Greene the new cunt rag ?
My diaphragm is hurting Im laughing so hard.
We could just take all of your money by force.
Since when has ZH turned into a communists board?
So you support the oligarchs?
I support anybody who bet against the subprime.
How noble.
One day when you grow up or develop a brain, you may understand it.
As your children end up as paupers. "It'll never happen to mine," he said.
I blame him only for having a dinner with Tony Blair. Everything else is Ok in my book and your ideological crap is just that.
Communists have boards??
They all have 'WATERboards' I'm told.
i don't have a problem with him betting against subprime. Michael Burry has been pretty popular on here for doing the same thing. You sound like all those douchebags saying those people 'bet against america'. This guy made money by betting against central banks and govt trying to conjure prosperity out of thin air, and won. kudos to him. He is still a pretentious prick for making statements like he did, and Im not defending that. but making money by betting on stupidity having negative consequences isnt a bad thing in my book
On the surface Carl, you're probably right.
But the TRUTH is that this wasn't just a 'wow ~ I could have had a V-8' revelation. I mean, I'm sure there were many who bet against subprime and lost their asses in the process.
Penciling this guy in as the #WINNER, in my book, is akin to calling Larry Silverstein a genius for:
- Getting his hands on a [formerly publicly run] property arguably worth 3.5 billion
- for only $15 million invested
- That was scheduled for a multi billion dollar renovation to remove asbestos
- Where Marvin Bush was a head of security
- & insure it, specifically for terrorist attacks
- which ended out paying out DOUBLE [though it should have not been considered that way]
- & getting those buildings demolished only weeks later
- and having a new building constructed, at the public expense
- Yet the new building LEASES remain in private hands
I guess Silverstein is just a genius or something. Kudos to him right?
You don't make billions betting against subprime unless you at least have millions to bet. How did he earn his millions? Or was it borrowed money that is only available to the connected?
And borrowing beyond ones means IS noble? There are always folks on the other side of every trade. I don't hate him for it, but I prefer billionaires who create.
pof balt, let's ignore his wealth and how he got it, the idea you at davos telling the american public to suck it up and eat your peas, is what is so fucking in your face that you missed it.
I bet there's quite a difference between this guy, and say, one Kyle Bass.
I can't see Bass saying this stupid class demeaning shit.
That's ok. Greene's probably the same jackhole that would make this bet while simultaneously not owning enough hard assets as a percentage of wealth.
That is pretty much proper etiquette in the "Church" of Really Big Money.
Greene just comes off as such a DOUCHE BAG (albeit an extremely wealthy one).
I mean, who else would call their 25 acre estate "Palazzo di Amore"?
This guy made a fortune with the destruction of other people's lives.
Im board flamming communists, what sort of critter are you?
There are no "-ists" or "-isms" anymore, it's us versus them (sociopathic parasites vs. normal people).
Oh, maybe about the time back in the '90's when the socialcommiecrats in NY and DC made capitalism subordinate to finance, which is supposed to be a TOOL of capitalism.
Shouldn't he being flying off to a global warming symposium in his private jet.
The real beauty of all of this is that if you read the comments to this similar story on Drudge, it is a debate about whether Obama or Republicans are to blame. And so goes the circus. Guys like this can literally rub our noses in his shit, and we as a society ask who failed to open the pet door.
Yeah, beautiful site.
The Obama supporters inevitably blame the republicans for stonewalling Obama or Clinton, etc...as if the Democrats ACTUALLY had any good/relevant ideas.
Meanwhile the "conservatives" just ramble about Obama being a Muslim, or about the "Benghazi cover-up" or just some other inane, totally irrelevant tripe.
And everyday this exact same thing happens.
Just checked Drudge. Of course the lead story is underinflated footballs. And we wonder why we're in this mess.
Coincidentally so is Huffpost....
I check those two "rival" sites every so often to see what misleading headlines they have to offer the morons who just scan them like a monkey.
Don't get me started on Huffpost. Drudge and Huffington are case studies in "give the people what they want, after we tell them what they want."
Yeah, I try to picture the average person just scanning over the "headlines" and trying to figure what must be going through their heads....
And then I head on down to the comments section and usually get totally blown away.
You gotta figure, 75-80% of American probably refer to themselves as Democrats, Republicans, Liberals, or Conservatives, but most of them have the most absurd reasons for doing so that is usually founded on absolutely nothing of substance. I really don't have a point here, just an observation...
..and trying to figure what must be going through their heads....
That would be static.
The point of politics is distract one from what is really going on.
That's what high information voters debate about.
/sarc
god damned faggots and ruskies are to blame!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Very well put.
I appreciate your comments on this thread - imho, though, if you go to sites like Slate or the NY Times, expecting better from people who are probably better educated, wealthier, etc. - you will be disappointed.
Scarcely an original thought, top heavy with ad hominem. I'm no Republican, and even more "liberal" than most here [though still, I think, too anti-statist and Constitutionalist to be a progressive...whatever that means, I want progress too, just not at the barrel of a gun held by twats] but whenever anyone spends half their time name-calling, and spends most of the half regurgitating talking points, you have to fear that mass media is literally, no kidding, training people to not think.
Brainwashing is imparting the gift of unthought.
While I am on the path of learning to be content with less in order to improve my quality of life, this is a personal decision and needs to be an individual choice for everyone in this country. For this to be centrally planned is nothing short of evil.
Fuck off psycopaths.
Amen, brother. I was gonna say roughly the same thing, but you about nailed it.
Years ago I adopted a rule - for every new thing I bring into the house I have to throw out 2. Since then I've eliminated a lot of things I thought I couldn't do without and I couldn't be happier. I'm also not so eager to shop, as instead of thinking what to get, I am busy contemplating what I have to give up and whether it's worth it. I remember a time when I could carry all of my life's possessions in a backpack. I was poor, but I was free. I could go anywhere I wanted and I did.
Now I have a family. I'm tied down to a place, but I'm restoring my mobility gradually. My only valuable possessions are a hard drive full of personal memorabilia (wouldn't trust a dog's name to cloud storage) and a can opener that's been in my family since 1953. Still as sharp as the day it was made. If there was a fire, those would be the only 2 items I'd grab.
You had me at can opener. :).
Seriously, that is a most ingenius and unique rule you've got there about throwing out 2 for every new thing. I'm not sure how that would work for me in practice (I'm a bit of a hoarder), but it is a terribly attractive proposition to be so unencumbered by material possessions. I might have a go at it too - the rule will certainly pare down my possessions to the necessary and useful over time. Thanks.
I helped a family member move. Some things went into storage and the rest went into a yard sale. After the yard sale, the leftovers went into a dumpster. That was incredibly profound. I have started my own purge before someone gets to do it for me.
Haven't said this in a long time, but I've always believed that imposing your will on another is evil. Think on it and you can trace most of the problems of this world on psychopaths and morons trying to impose their will on the populace.
Most of you guys just can't handle the sucess of others, can you? Basically a bunch of losers who travel by Greyhound throwing crap at those who've made it and can afford a private jet.
Good on Greene for splashing his wealth around; and his message was spot on, just as Nicole Foss & others on TAE have been saying for years.
But you narrow minded weasals can't accept that someone can be wealthy & sucessful AND have solid ideas to limit unsustainable growth.
Who decides what's sustainable?
not who, but what.
reality decides.
that which cannot go on forever, will stop.
He must pay you handsomely for wiping the blow from his noodle after a romp on the aft deck. Eh sailor?
Lies all lies: "But you narrow minded weasals can't accept that someone can be wealthy & sucessful AND have solid ideas to limit unsustainable growth."
Or maybe we don't give a fuck if someone is wealthy and successful living a wonderful lifestyle as long as said person doesn't tell us how to live. His lifestyle is contributing to living in a manner of "unsustainable" growth right? fuck him. What's that old saying? The greenies all want their little cabin in the woods, they just don't want YOU to have your cabin in the woods.
You cant be that fucking clueless, really.
1700 private jets flew into Davos......and they were whining about climate change.
> 1700 private jets flew into Davos......and they were whining about climate change.
OK, from a previous ZH article, seems many were Gulfstreams, so for "back of envelope" purposes, let's assume they were "all" Gulfstreams:
Gulfstream burn rates are about 358 gallons / hour Jet A, http://jetadvisors.com/gulfstream-g550-performance/ so our "1700" Gulfstreams could have consumed 1700 x 380 = 646,000 gallons / hour. A Boeing 747/400 uses about 3,600 gallons per hour (1 US Gallon per second) http://www.flyertalk.com/forum/united-mileage-plus-pre-merger-closed-posting/438622-how-much-gas-s-does-ua-747-consume-typical-usa-oz-flight.html
So our "environmentally concerned" super elite were happy to use the same amount of Jet A (calculated on an hourly basis) as almost 180 Jumbo Jets, with a total seating capacity of well over 97,000 (at a nominal seating capacity of 544 per 747 - http://www.airliners.net/aircraft-data/stats.main?id=100 ) versus the "usual" 16 seats per Gulfstream ( http://jetadvisors.com/gulfstream-g550-cabin/ ), providing for a max 27,200 available seats, YET the World Economic Forum only mentions about 2,500 delegates . . . One hopes "they" have substantial entourages to make up for this remarkable 25,000 seat "excess available capacity" (in the order of ten "excess seats" per Delegate) ;-))
Methinks a rather clear case of "Do as we say, not as we do" here . . . . .
Climate change; control the means of production by "controlling the means of combustion".
Marx would be proud.
You're sort of confusing me...
On the one hand you say Greene is smart for promoting "sustainable growth"...but then you bash "losers who travel by Greyhound".
I don't own a car, and prefer trains myself, but Greene can go fuck himself.
He depends entirely on huge amount of invisible people below him to support his "lifestyle" who probably already lead beyond meager existences just so he can act like a complete jackass, himself.
But go on defending him, by all means.
Have no problem with this guy's success. Good for him. Anyone who makes the right call at the right time deserves it, especially given the odds of fighting the powers that be from ensuring that he loses money on a bet against their policies. Takes more than smarts. Luck also part of the equation. He might want to think about a new PR firm though.
Anyone care to take credit for the one upvote of Lies All Lies, or was it Lies All Lies? They certainly are good at self-gratification.
I am not jealous of the schmuck at all when he stops telling the masses how they should live I will no longer be incensed at the fact be thinks he can make that decision for others.
aye.
What has this fucking guy done but get rich gambling? What has he done to help the people he's lecturing? Typical billionaire twaddle, confusing financial success with intellectual heft.
If Gandhi want's to spread the message around that life should be simpler and we should not expect much in way of materialism, then i am totally fine with that. Greene is not fucking Gandhi though is he? What right does a billionaire have to tell people how much money they should be making, baring in mind he wants more for himself and less for others? Inequality serves billionaires like nothing else this century, or the last. We, humans as a species, have never lived in a more unequal world....and you want people to sit up and listen when a billionaire tells us we expect too much?
I hope he gets a bullet in the face for being such a crass and brazen little bastard. They hover up 60% of the planets wealth and you want us to appreciate when they say we should expect less? ANYONE but them, it's just not their place to be opening their mouths when it comes to matters of what other people should expect in life.
That's a pretty impressive second post on the Hedge.
Do you think you'll make it to five?
I had no idea this is how losers travel. The things one can learn on ZH.
Lies All Lies reasoning tripped over his arrogance and fell into a pile of self-righteous b.s.
A pretty good and efficient transport system so I'm told by many who have used it. Good safety record (per user km) and provides affordable long-distance mass-transit to those thousands of smaller communities not served by the Rail network.
http://www.jaunted.com/files/6193/GreyhoundExp.jpg, with pretty OK seating too! http://gqtrippin.com/wp-content/uploads/2012/03/greyhound.jpg
One final "advantage" - when those coaches reach the end of their commercial life - thay often have a "Rebirth" as pretty impressive RVs - http://www.premiermotorcoach.com/wp-content/uploads/2014/06/1999-Prevost-Premier-Motorcoach-Custom-Conversion.jpg
When you said '10 minutes' I thought after that you will STFU!
Shithead...you still here? Thought I told you to go fuck off.....so do so.
What'a the reason, that Greene has a platform to give a speech. It's just the money he made by gambling. So money entitles this guy to give a speech about sustainability? Yeah, quite logical to me. Especially because he stands on high moral ground to give advises like that...oh wait.
You're totally right. I think we should kill you first to save on resources. Who's with me?
...I'm just here for the pussy ;-)
I'm better than you.
Its a big club and you ain't in it-
http://www.youtube.com/watch?v=i5dBZDSSky0
Slaves should have much, much less so that masters can have even moar! One way to do that is tax everyone else moar while tax zero percent on billionares.
So the guy hits the sub-prime lottery which lets the true sociopathic colors shine.
How quaint.
In other news, Kyle Bass made the same trip and hasn't turned into a pompous ass. Quite the contrary.
Scuba diving? lol
Definition of Selfie: n;pn `verb phrase'. Individual that can't find friend to take 'real time rendering'.
These turkies go to 'Davos' every year to get attention that they are unable to get at home. I don't recall any intelligent statement that has ever manifested out of that largesse since it has become a media event
every year? Davos is a Dog N' Pony for FMs and their respective hookers and drug dealers, jet pilots, and hangers on.
1700 jet planes!
I'm leavin', on a jet plane...
The RBA is actively selling excess reserves, and I have proof! The Royal Bank of Australia is liquidating excess reserves to devaluate the Australian Dollar.
The RBA is converting S/T bond holdings into their originating currencies. The RBA is actively intervening in the currency markets.
This means the RBA is NOT going to lower rates next week.
No doubt the Aussie dollar is strong. Are you going to trade that one? I have always been curious about FX but aside from maybe $50 AUS dollars in plastic cash I am not in. What currency are you trading against the AUS dollar? I know the basics as the Russian ruble is important to me but most Russians hold their reserves in a USD or EUR. Of course the EUR is losing it's ass and it is making the USD look strong at 94.39 at the moment but T-bond yields were down today. If your interest rate is lowered how can the value of your currency go up? I suppose it is a demand issue but who is buying? It ain't me.
The RBA wants the AUD at 75 cents US.
If he made his money on a good bet and wants to live it up, so what? not the same as the banksters who privatize their profits but are able to peddle influence and money and socialize their losses at our expense. I do not see it as hypocrisy in stating the obvious, if you do not have the money do not become a zombie to the cult of consumerism and debt, it diminishes the quality of your existence.
Let me break it down.
Some rich cunt nobody gives a shit about said some commie crap. 300 million Americans now hope he dies from the syphilis in his brain.
If he bet against sub primes,he was betting against Americans WHO WERE EXPECTING TOO MUCH for such little skin in the house buying game. He might be a.pompous old lech but he was right about Americans living beyond their means - on borrowed money, including especially National Debt.