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"Some People Just Don't Fit In The Economy" Buffett Explains: "We'll Send Them Off To Afghanistan"
Not to be outdone by his partner Charlie Munger (who offended many with his comments that "gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939,"), Berkshire Hathaway's Warren Buffett - having already taken on Europe, comparing Greece to a "dog peeing on the carpet" of Europe,
suggesting Germany stop "rewarding behavior you want to get rid of" - takes aim at the military. Speaking on Bloomberg TV, the octagenerian oracle of offense just unfriended every American veteran...
"You want everybody educated to their potential. You want people to reach their potential. That still won't work for some people in a highly developed market system.
I mean if this were a sports-based system, you could give me a PhD in football, and I could practice eight hours a day, and I might be able to carry the water from, not onto the field, but from the locker room to the bench. There's just some people don't fit well into a highly skilled market-based economy.
They're perfectly decent citizens. We'll send them off to Afghanistan, but they are not going to command a big price."
* * *
So just the words of a funny old man who is losing his marbles, or an elitist "crony" oligarch who knows there are no consequences for his words or actions?
On the bright side, at least he did not mention illegal immigrants.
Interview below:
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Copy that. United we stand divided we fall and I am my brothers keeper. Unfortunately our society has become demaned with its spine ripped out and obsessed with idolatry . We are judged by what we have vs by what we are willing to sacrifice for the greater good but mostly for future generation.
im not as old as the old fuck but let me say there is a lot of work being done in this economy which isnt counted. people doing things for other people, in defense he might say it was always such, but not like it is now. then it was family, family took care of family, now everyone does something, and for strangers or neighbors or friends. my grandparents had their house marked on a rock along the railroad tracks by the hobos. she let people sleep in the basement, she washed their clothes. nobody was getting rich, the real economy was pretty good by that standard. its what we count as economic growth
Here is a link where Max Kaiser aims at Buffet:
It is a pretty good video:
http://michael-hudson.com/2015/09/keiser-on-fire/
Basically, Buffet bought up distressed properties during housing collapse, and is now renting those same houses back to those disposessed.
Rent pries are high because asset prices were pushed high with QE. So, renters are trapped and Warren benefits. Basically he is a rentier making his pound of flesh on the backs of labor, but not really creating value.
In other words, Buffet is a negative force, taking a free lunch from producers.
Buffett, everyone acts like he is a god of the markets. He probably views himself as a god. He is just another crony capitalist with no morals willing to say or do anything for a buck.
Case in point, as the largest investor in BNSF he says whatever Obama wants him to and in return Obama blocks the Keystone pipeline which keeps BNSF tankers full of Canadian and Dakotas oil headed to Houston.
What a farce, in true free market economy with a small federal gov't like we had prior to 1900 he would have been a just another snake oil salesman.
British agent Adolf Eichmann sent the economically unviable to the Russian front, where they were executed like rats, and buried just to maintain basic sanitation for the living. Catholics. Jews. Poles. Probably more than a few Bidens, Pelosis and Blagegovitches.
Warren's just mowing the lawn.
Mr. Buffet you know as well as I that if you were starting out today you could not do what you did. Don't blow smoke up our asses. We do get it.
.
I didn't think Uncle Buffy was too bad until I read his book. As a kid he said he started accumulating wealth by "five finger discounts" at Sears Roebuck.
I hate thieves.
Let the profiteering begin!
NOW do you understand the phrase "financial sociopath?" Snakes In Suits!
Buffet is up there with Woodrow Wilson who let JPM run wild financing WWI and then lied us into the war when it was clear Germany had it won.
Buffet is also up there with a senile FDR who needlessly doomed 1/3 of the free world to communism with the stroke of a pen at Yalta.
If there is any justice in the world this ultra-entitled fuck Buffet will choke to death on a chicken bone.
What Warren , or really any of the rest of these guys, realize is, that they aren't safe. If somebody were diligent and patient, they could figure out his pattern and permanently shut his cock holster. It just wouldn't be that difficult.
Warren Buffett is correct. Majority of people in uniform are better off where they are, in uniform and walled inside barracks.
In his expression of utter contempt for our Armed Forces, Buffett, a Mammon-worshiping adulterer and philistine, devoid of honor, complicit in the JFK-assassinating Knight of Malta Roman Catholic CIA "Old Hands'" CapCities' takeover of ABC, is trying to compensate for dodging the Korean War while helping ship our jobs overseas.
The skills learned during Basic Training or Boot Camp, how to get to and acquire a target and accurately dispatch it translate perfectly to skills needed in the Industrial Arts, from the shop floor stamping out or assembling parts while staying safe, deftly putting shingles down on a high pitch roof, wiring a house, or soldering pipe.
To Buffett's craven mind only society's "dreck" goes off to war...false-war he condones.
Know his patriotism by the absence of effort he has made to bring to justice the satanic false-elite faction he profits, and from which he profits, known to run the FedScam, funded Hitler, killed John and Martin, committed Waco, OKC, and 9/11; and is staging the mass-shootings psyops and hoaxes to disarm the sovereign People he so reviles.
The same faction, the Fifth Column Beast of "the real Anti-Christ" "engine for enslaving mankind" we came to America in express covenant with God to escape, has now put homosexuals as POTUS twice in succession, and is mandating all acknowledge Satan's usurpation of God, our named Sovereign, in the state sanction of homosexual "marriage," secured by a sexually maladjusted, if not homosexual, Supreme Court Justice.
No coincidence he unequivocally supports Winthrop Rockefeller's Arkansas yard-baby, the Butcher of Waco's beard, the Butcher of Benghazi, for POTUS this time around.
He is a self-righteous ignoramus - a one-man cancer on God's "Promised Land," the New Israel, America. May he be accursed.
Poor Hillar(it)y, Buffett comes out on her side and steps on his dick. Now she can apologize for him, whenever.
Buffett is a disgusting limousine liberal, but he's correct on this. There are too many useless eaters out there who need to be culled. Most gov't employees and hostile minorities with sub-intelligence need to go. Plkease let the cleansing civil war start soon.
Military are govt employees (GI). and they have it good living in a socialist environment. FREE health care long vacations etdc.
Very few see combat. Miniscule actually.
40% of 911 casualties were US govt employees investigating high crimes.
https://www.youtube.com/watch?v=A7k3gGb7nzA
911 Explosive Evidence
Published on Sep 8, 20159/11: Explosive Evidence -- Experts Speak Out (Full) (2 hours)
The powerful documentary film by Architects & Engineers for 9/11 Truth.
The Unanswered Questions about 911 - 9 min
https://www.youtube.com/watch?v=-kdX-sje9E0
With us or against us is being determiend by NSA. And those who are against the agenda to deplete ameria of resources and sell her are being sent to the front lines in every industry, it's madness quite frankly, sheer unadulterated madness.
Toadies - Possum Kingdon - (lured into the web of an cult and sacrified on an alter for the good of humanity).
It's a song https://www.youtube.com/watch?v=EkwD5rQ-_d4
"market-based" economy, what a joke Warren. You should know better, since you blackmailed the government to bail out the banks.
"If I didn't think the government was going to act, I would not be doing anything this week. I might be trying to undo things this week. I am, to some extent, betting on the fact that the government will do the rational thing here and act promptly."
http://www.cnbc.com/id/26867866
... after he put $5 billion into Goldman.
I mean if this were a sports-based system, you could give me a PhD in football, and I could practice eight hours a day, and I might be able to carry the water from, not onto the field, but from the locker room to the bench. There's just some people don't fit well into a highly skilled market-based economy."
Right, Mr. Buffet...
...and WHO made it that way?
YOU, and the other oligarchs of shortsighted western corporate cronyism, that's who.
We were lied to from the very start with bullshit about "free trade" being good for everybody. We were told we'd have even better jobs replacing those outsourced for cheap labor abroad.
Big savings on labor that fed bonuses for the fat cats at the top is mostly all we got.
We were told that NAFTA, GATT, and other trade agreements would be a boon to third and second world economies, who would now have earnings to buy stuff from us, benefiting all around.
Remember?
What did we get?
A dead middle class economy, deeply indebted, and still putting up with a Wall Street casino.
A seriously delusional and dangerous Fed warping what your cronyism poisoned.
An employment/unemployment nightmare that gets worse daily.
Kids coming out of American universities with degrees (even in science) who are in debt to their eyeballs--and STILL can't find career-entry jobs.
We've got H1B guest workers actually training to replace American workers...often by the very American they're going to replace.
And EVEN IF we fully educated EVERY American "to their full potential" there simply wouldn't be enough skilled positions to employ them all, especially with Wild West cronyism's march toward AI and robotic labor.
Yet, what have YOU done to help YOUR fellow citizens overcome the effects your own shortsighted greed perpetrated on them?
Who have you taught to be productive in the new world you helped create?
How many vocational-technical schools have you built or tuitions have you funded?
How many campaigns have you conducted to help Americans better use their talents and gifts to be more prosperous.
How many day cares have YOU funded/built so working Americans might be able to return to higher education to reach that potential you cherish?
Right.
m
His class does not have any resposability to help yours. And if they say they do, its your fault for believing the lie.
Like a cow marching to the slaughterhouse complaining the rancher has a responsability...
A truly Judaic comment.
America, Isaiah's actual prophesied "Israel," "into which all nations of the world flow," God's foretold "nation of priests," has only one "class," the Children of God.
One Creator, One Creed, One People.
Any who thinks him or herself of a different class is not American, but a Fifth Column interloper of Satan's Seat or of the Risen Babylon's ancient partners, the Khazar cult impaler Christ killers' Synagogue of Satan.
He hs said that this was a class war, in the past. Maybe there should be a war on his class.
first rate click bait article. all the right cues were put into practice, Golf clap!!
the truth can be offensive, and often times it should be, that anger is progress.
actually Warren Buffett posed a very important question of - what shall we do with in principle unemployable people ?
And he suggests to send them to war zone so they can kill each other there
More humane idea would be to castrate them and put them on food stamps system as long as we have enough food to feed them
But in general this is an issue the world will have to resolve in one way or the other during the 21st century
Round them up, send them all to Omaha and let him feed and house them...he can afford it from all the Cokes and Dairy Queen crap he sells them...
You have an up vote for extrapolation. I am not so sure that he is talking about what your have suggested, which by the way is correct.
The answer is very complicated, for those people of low skill and perpetual anger at society for alleged ills done to them, are simply not military material. They will also not work at what they consider to be demeaning jobs, or are otherwise unemployable due to cradle to jail attributes.
What to do with them? For the moment not only is society punting on that question, but more of them are entering the country illegally for all the goodies provided by uncle sugar. The question will only be answered when the freebies run out and the monthly amount of FED dollar digits stop going into their accounts through JPM.
You seem to be under the mistaken impression that human beings exist to serve the economy.
I put it to you that you have the situation reversed... And you'll find that out over time either the hard way or the easy way.
Castrate them and 'put them on' food stamps? You speak as if you are running the show. What if they decide to say 'Fuck you', and just kill you and take your stuff? Then they can 'put you on' food stamps...
Seriously, it isn't your planet. Maybe the rest of the 'surplus population' considers YOU the expendable one. And maybe instead of serving your economy, the better course of action would be to tear the mother down and build something more suitable for most people, instead of preserving the system we are stuck with at the moment.
The rest of the world might not be too concerned with preserving the current system. They might have some ideas of their own that they want to try out.
The fact that Buttfuck and his "life partner" Buttmuncher are taken seriously and are go to guy's by msm is another tribute in regards to how far off the path the US has shifted. Frump actually a viable contender for Prez.? How far we have come or gone. This news will be fish and chip paper tomorrow as something more outrages comes down the pike. Pat Tillman is spinning in his grave.
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The people he is referring to are the 'Fergusons'.
Those folks are hardly what the Army wants or sends to war.
Too undisciplined and entitled.
But he's too liberal to say what he really means
America has a shitload of WIGGERS also. He was referring to them also.
Just an old cunt who helped take America from number 1 to just another shithole country of the world.
USA number one, debtor nation on earth. Without credit Americans wouldn't have shit .
Actually its DEAD LAST on this list
https://www.cia.gov/library/publications/the-world-factbook/rankorder/21...
One foot on the banana peel.
Simple question from a simple low intellect human being (unlike all the opinionated brilliant mensa level philosophers & problem solvers who spout Noam Chomky & anti-military stuff with little deep historical examination):
Why all the hate.....read the comments......pretty nasty stuff? Read all the comments.......go ahead. No or little focus on lucky sperm club Warren (I give hiim credit for building on the great start his dad provided him with).
Its all about those people, of course stupider than all the commentators, who are putting their lives at risk .....those in actual combat versus some druggie support (?) functionary ala air force or back line army. You're ch*ckensh*ts hiding behind a pretty thin curtain of community college philosopbical bravado & cynical 'intellectual' commentary. And when Noam Chomsky gets invoked ......then it is all over since the dialectic of the left......which it seems Zero Hedge has slowly fallen in love with at the blogger level, explicitly does NOT permit free & honest discourse. It must be personalized, over dramatized & collectively attacked ... honest debate that is.
Look in the mirror and listen to the nonsense so many are writing .....listen to the circular self-serving ideological arguments that are spewing.
Tylers.....is this what you want to become known for ? You outdo the conventional news media & legitimately challenge the establishment with its blatant hypocrisy. But then have blogger commentary that makes HuffingtonPost seem substantial in comparison?
Is there no courtesy or pride in rhetoric or argumentation ? Or is it all, when the Oracle disses the US military as cannon fodder, more jumping on the same disrespectful bandwagon......and the most 'solid' intellectual arguments here actually cite one of the mozt notorious & corrosive figures in Noam Chomsky, no less? Noam Chomsky is one of the pillars of Saul Alinsky......control the language & terms of rhetoric/debate.......you control the argument and hence outcome.
I have one answer. ....there needs to be less positive portrayals of judaism here. A reader just might think there is some bizarre form of obsession with jews by ZH & ZHers! Say it ain't so.......otherwise all the 'carefully' constructed "argumentation" here can so easily be deemed suspect & ethnically driven
Go listen to your favorite music or help someone less fortunate. Get some perspective......yeah Goldman is ruining the world. ....but you do not help the case when so many here make caricatures of themselves.....unless that is what the Tylers truly intend?
As they say in the nursing homes, Buffett is C.T.D.*
*circling the drain.
"There's just some people don't fit well into a highly skilled market-based economy." Illiterate; should have been 'There are just some people that ...' Oh well.
Actually, it should be "...are just some people WHO..."
True,
Au contraire...what would USSA be without Pentacon Kill Industries and its penchant for genocide and wanton carnage...for profit?
Its going to be fun to watch him die.
Send an RPG to take off his head while he is on LIVE TV and then sell the rights PPV.
"The US middle-class needs only enough fodder to allow them to procreate and supply an endless number of grunts to garrison the world."
-- from the Secret Protocols to the Wolfowitz Doctrine.
Does the dinosaur invest in defense contractor companies? Bet he does. Maybe someone can encourage a bunch of soldiers to get together and take a picture while giving the Crook a middle finger salute.
If you listen to what he said:
"We'll send them off to Afghanistan, but they are not going to command a big price. You still want them to get the most out of their abilities, but if their abilities leave them unable to earn much more than the poverty line, we oughta do something additional for them and we have the resources. "
...but that would not provoke all thje right wing Putin goose stepping extremists that zero hedge is littered with.
You may be missing the arrogance. "We send them off" and "We oughta do something for them". Buffett got lucky in stocks, not necessarily due to his intelligence.
Timing, luck, and being in the right place at the right time is 70 percent of life.
The other 20 percent is knowing the right people and 10 percent to education and skill.
I know of a certain tribe of parasiyes that do not fit into the economy ? When will the tribe from hell be espelled again ?
looks like they pulled the video. lol... tentacles are everywhere.
He tells it as it is. Whats wrong with that??
In America they tell you to take your Rx meds when you get angry.
ANGER is GOOD, if directed the right way. Great motivator.
If you don't get angry or try and suppress anger, you are for all intents and purposes already DEAD.
"Some People Just Don't Fit In The Economy" Buffett Explains: "We'll Send Them Off To Afghanistan"
Let me FTFY!
"Bankers didn't need a bailout" Buffet Explains: " They should have been executed immediately on the spot"
Fixed!
Hahaha, in the winter of their coming discontent the American Oligarchy starts peeing down each other's noses.
When Money's Aristocrats fall out we could end up in a hundred years war!
Amongst the new Plantagenets and Capetiens--red and blue and tea for two; with the Holy Emperor Mutti looking on and the WS Pope saying : Go fight the Infidel; God wills it!
The HOLY GRAIL of the petrodollar money trail begets its own neo-feudal internecine wars.
Germany's repopulation now really beginning. "We send you our Templars and pseudo-Jihadists, you send us your unwashed and maimed"...as long as they arbeit and make babies its ok! We will make good germans of them like we did with the Sudetes. (Putin, maybe there is a lesson there for you as your population growth ain't exactly positive).
Some civilization game! Money and War mix but Money and Humanity don't mix. (Or if they do its totally unintended consequences).
Fundamental incorrect assumption here. This is that people exist to serve "The Economy". It's a typical sociopath's misunderstanding of reality.
The Economy exists to serve people, and if it fails to do so, the people will change it violently if necessary until it does.
It's happened several well documented times in the past. Just warning you.
Oh, you silly boy. This is a battle the people have never won. And we're not going to.
It won't happen today and probably not "tomorrow" either, but eventually Stein's law will prevail. That is to say if a system can't go on forever, it won't.
Ok, so the system is unsustainable. I agree. But I doubt like hell we're going to replace it with something better.
The original Buffet quote was "There are some Black people who don't fit well into the economy,and we'll send them all back to Africa",but the 5 second audio delay gave Mayor Bloomberg a chance to do a voiceover..
Warren Buffett is just telling it like it is. The system really does work that way. Some people go to prison. Some become useless government employees. etc. Either way, the system always finds a place for everybody.
I suspect Buffett is a eugenicist. He is smart enough to know all these bs wars are for the Military Industrial Complex and banksters and he gave $15 Billion to Bill Gates' African vaccination program. Bill Gates IS a eugenicist. Search YouTube for "Bill Gates depopulation".
Johny Kerry in 2006 said:
You know, education, if you make the most of it, if you study hard and you do your homework, and you make an effort to be smart, uh, you, you can do well. If you don’t, you get stuck in Iraq.
https://youtu.be/vLuMWiQ6r2o
you know most of our fine soldiers would fall on a hand grenade to save someone, anyone, even a nice old man like warren. notice the use of the word "like"
Yet he treats them like garbage.
shame on you warren.
How many more examples are needed of the U.S elite who intrinsically understand the CLASS DIVIDE, do not give a fuck about the average American? You can be T-Bone Tina, Trailer Trash, Inner city Ghetto, Blue Collar, Middle America, or irrespective or colour, class, or creed and just want to provide for your family, you are all the same to the elite. This is a very hard fact to accept for some people on Zero Hedge, but these kinds of comments are not a one-off. Yet the plebs find it difficult to identify who the REAL enemy is.
Warren is correct.
Except he ommited that the ones that don't fit and aren't "perfectly decent citizens" are sent EBT cards.
You must learn to look for the story behind the story. The headline is always a distraction. The administration of EBT cards is a gold mine in itself. Do some homework and find out which banking group administers the cards and what their profit is. On second thoughts let me do the research for you. http://www.theshriverbrief.org/2012/10/articles/asset-opportunity/ebt-ca... JP Morgan et al, sucking the teats off the taxpayer again. Now there's a surprise!
What's the narrative according to Fox News? Trailer park and Ghetto poor is bad welfare. JP Morgan et al and their extortionate rates for administering EBT is good welfare.(In fact it's not even mentioned) You my friend are the typical example of brainwashed. Welfare is not only paid out to the poor, but also the too big to fail banks and the military industrial complex, but only one group of welfare recipient gets vilified and the rest get a free ride from bad press in the MSM.
You've assumed much out of a short off-the-cuff comment. If I might do the same, I'm guessing I've offended you as you've come to terms with being a part of the problem and drinking deeply from government's teat. So you're only a minor recipient in the welfare state and my comment was far more offensive apparently than to ridicule a prior comment in reference to shipping the young off to war as a solution.
What a D-Bag!
I think he's right. there are a lot of people in the US that no matter how many oppertunities you give them, they won't do anything. On top of that, the government incentivises it by giving them free rent, free school, free food, free transportation in some cases..
if everything is being provided to you by the state... what incentive is there to do anything at all?
Fucking scum bag Hi-Lie-Ry Clinton supporter
This fucker just wont go away - he is immortal - he wont die off
Too bad he had kids - they will only perpetuate his fucking attiude and fucking of the American people.
FUCKING scumbag
A developing market expands opportunity for everyone as it expands, a devolving market does the opposite. Surely this guy knows this and is just suggesting we stimulate by going to war. Just another warmongering Keynesian.
Send this DICKLICK over to Afghanistan with no money and see how long this Criminal lasts. Long enough to see that he should've kept his big fucking mouth shut. Watch your back Warren b/c there's a bullseye on it now. Hahahahahahaaaaa
How much blood money did this turd make on young American lives?