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Slumlord? How Warren Buffett's Clayton Homes Intentionally Targets & Preys Upon Minorities & Poor People
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
– Warren Buffett
BuzzFeed News/The Seattle Times has just published a hard-hitting, extremely sickening investigative report which shines further light on the shady and unethical practices of Warren Buffett. A man who I have often referred to as the greatest American actor alive for his uncanny ability to convince the general public that he’s just a kind, philanthropic grandfatherly figure, when in reality he is a ruthless, cunning, parasitic loanshark.
The latest Buffett expose relates to his Berkshire Hathaway owned mobile home company Clayton Homes. I’ve covered this previously, most recent in April’s post, Warren Buffett the Slumlord – Predatory Loans, Kickbacks and Preying on the Poor at Clayton Homes. Here’s an excerpt:
Buffett’s mobile-home empire promises low-income Americans the dream of homeownership. But Clayton relies on predatory sales practices, exorbitant fees, and interest rates that can exceed 15 percent, trapping many buyers in loans they can’t afford and in homes that are almost impossible to sell or refinance, an investigation by The Seattle Times and Center for Public Integrity has found.
Berkshire Hathaway, the investment conglomerate Buffett leads, bought Clayton in 2003 and spent billions building it into the mobile-home industry’s biggest manufacturer and lender. Today, Clayton is a many-headed hydra with companies operating under at least 18 names, constructing nearly half of the industry’s new homes and selling them through its own retailers. It finances more mobile-home purchases than any other lender by a factor of six. It also sells property insurance on them and repossesses them when borrowers fail to pay.
Former dealers said the company encouraged them to steer buyers to finance with Clayton’s own high-interest lenders.
Buyers told of Clayton collection agents urging them to cut back on food and medical care or seek handouts in order to make house payments.
Today’s article confirms all of the above and adds another element; the intentional targeting of minorities and poor people. These groups are particularly attractive to Clayton, because it then charges them higher interest rates regardless of income. But don’t take my word for it…
He walked them through Clayton-built homes on the lot, then into the sales center, passing a banner and posters promoting one subprime lender: Vanderbilt Mortgage, a Clayton subsidiary. Inside, he handed them a Vanderbilt sales pamphlet.
“Vanderbilt is the only one that finances on the reservation,” he told the women.
His claim, which the women caught on tape, was a lie. And it was illegal.
In minority communities, Clayton’s grip on the lending market verges on monopolistic: Last year, according to federal data, Clayton made 72% of the loans to black people who financed mobile homes.
The company’s in-house lender, Vanderbilt Mortgage, charges minority borrowers substantially higher rates, on average, than their white counterparts. In fact, federal data shows that Vanderbilt typically charges black people who make over $75,000 a year slightly more than white people who make only $35,000.
Through a spokesperson earlier this month, Buffett declined to discuss racial issues at Clayton Homes, and a reporter who attempted to contact him at his home was turned away by security…
She continued to raise concerns, writing in an email to Clayton’s director of marketing that when she spoke to new borrowers, “there were many things they were not made aware about during the sale.”
Managers and executives, she said, dismissed her concerns; she recalled one replying, “It doesn’t really matter as long as we get the money.”
Read more here at The Buzzfeed article: Warren Buffett’s Company Wants to Sell You a Mobile Home
Here’s what the Warren Buffet Slumlord Lifecycle looks like:
Arriving at Clayton’s Maryville, Tennessee, headquarters each morning, collection workers and their colleagues shuffle past a poster of Warren Buffett pointing to his “rule of thumb.”
“I want employees to ask themselves whether they are willing to have any contemplated act appear the next day on the front page of their local paper — to be read by their spouses, children and friends — with the reporting done by an informed and critical reporter,” it reads.
“I’d pass by that and I was just like, are you kidding me?” said Schablik, the Spanish-speaking employee who, until last year, worked as a Clayton collector and handled borrowers’ bankruptcies.
At first, Vanderbilt collection agents — often young, white college students or recent grads — are trained to do things by the book, Schablik and four current and former collectors said. But when these new agents begin working the phones, they said, managers pressure them to be “mean” or “condescending,” for example telling customers behind in their payments to cut back on groceries or forgo medical care.
Read more here at The Seattle Times...
Merry Christmas Serfs
Of course, this is just the tip of the iceberg when it comes to Warren Buffett. For more on who this man really is, see:
Two Trains Derail in Wisconsin Shortly After Warren Buffett’s BNSF Beats Back Railroad Regulations
No Capital Controls for Oligarchs – Warren Buffett Buys Greek Island
Warren Buffett the Slumlord – Predatory Loans, Kickbacks and Preying on the Poor at Clayton Homes
More Hypocrisy from Warren Buffett as He Structures Deal to Avoid $400 Million in Taxes
Crony Capitalist “Uncle” Warren Buffett Drives Company Profits Using Derivatives
»
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Warren Buffett. Hah. Feasts on the poor. Fitting that he is an Obamabot. Actually, scratch that, he probably runs him.
Hypocrisy...
Buy gold, stick that in your ear Warren.
Don't forget that Uncle Warren is one of Hitlery Clinton's biggest supporters.
Warren Buffoon. Pissing on the backs of the masses and convincing them it's raining for decades.
http://www.bloomberg.com/news/articles/2011-02-15/obama-honors-buffett-g...
How fucked up is that!
Warren (I'm a motherfucking snake) Buffrat, is in bed with Goldman Sachs. When you work with the devil you are a demon beast whore.
I looked up "Clayton Homes" on Google News. There was only one referral to Clayton Homes' egregious business practices, a defense of the company planted at businesswire.com. When the TPP is passed by Emir Obama, Buffett will be able to sue the Seattle Times for printing the truth if it has a bad economic effect on Berkshire Hathaway. Google already self censors the news now for the NWO, so it will have no problems when the American caliphate is in charge.
http://www.businesswire.com/news/home/20151226005004/en/Reporting-Mischa...
You went to Eric Schmidt's Ministry of Truth looking for information?
It is a business model used by a vast multitude of businesses in the USA/world. The slaves must be exploited to the greatest extent possible.
<"It's just bidness." - Tony Soprano>
We never left the plantation. We just changed the facade and living conditions.
This is the level that most large corporations have reached. It's the end of the capitalist system, except for some entrepreneurial startups.
Yes indeed... and it is beyond disgusting. It makes one wonder why some intelligent individuals don't open business to address this need.
Obviously the need for such a service is mostly limited to high-price items that most people encounter only about once per year or three. My guess:
- home or apartment rental
- home or condo purchase
- vehicle lease/purchase
- furniture purchase
What else?
In some cases the nicely dressed, well spoken, well mannered gringo agent could perform the entire process, but give the name and various numbers of the actual [poor/minority] buyer. When time comes to sign on the dotted line, the gringo and the actual buyer show up together, the agent verifies the numbers are correct and reasonable, then the actual buyer signs on the dotted lines.
If the seller/renter/leaser complains, the agent explains "I was hired as their agent... my clients don't have time to putz around with trivial matters, and so hire me for that purpose". Or something along those lines.
The fact is, rich and famous people operate like this (through agents) on a regular basis, and for good reasons. What I'm saying is, this service and practice may be even more important for poor folks, minorities and those with language issues.
Interesting business idea, actually. Especially for someone who hates big corporations and human predators running roughshod over everyone they can. Incidentally, part of the service provided should be locating the best buys, deals and terms given the desires and requirements of the clients.
This is a very efficient "local business" in fact, because the agents will soon learn which real-estate developments/apartments/condos are the best deals, the least problematic, and the best matches to clients with different lifestyles and comfort zones. Plus the agents could surely find some sellers/leasers who prefer to deal with them, because the agents are a substantial source of new business.
Obviously this business needs to be run by someone who cares about justice, otherwise they'd just become a part of the corruption themselves, like so many other intermediaries.
The Liberal Billioniaire every Leftie Mainstream Media just Loves. Every other evil rich person is either named Koch or is friends with a Koch.
Beam me up, Hans!
It only takes five minutes to dispel an illusion. Integrity and honor are timeless, immutable, and invincible. I would think a man of value would understand that ... oh wait, Warren Buffet is just a man of money.
Beekshire also owns a few major furniture stores. I can imagine that those homes are also furnished.
His rail lines deliver everything....
That's why Buffett has lobbied heavily against the Keystone Pipeline. He has a monopoly on oil transportation by rail.
He also owns Shaw Industries which produces carpet, tile, and hardwood floors for all his moble "sheet" boxes.
Have done work for Clayton Homes, 21st Mortgage, and Shaw Industries and each place the management was stressed out and seemed to be worried about their jobs.
Warren Buffet is an open supporter of Hillary Clinton. Two of a kind. No evidence. Just saying.
re the quote in the article: "mobile home sales agent who spoke Navajo", seems that not only palefaces can lie!
Indian Reservations are a living testament to what happens to an entire race when they give control of their well being to The Federal Government and yes, they hand select the weak minded of that group to promote their fake benevolence and wake up one day in a Clayton home with a 18% rate, 3 financed broken 4 wheelers, a financed 4wd government motors truck and a hang over.
Palefaces? I find that Whites are overwhelmingly honest.
Now if we're talking about the pale, thin, sickly Zios....
I don't quite understand how predatory lending to poor people would be a very lucrative business unless you can get a hefty down payment and that sounds rare in the case of poor people. Just imagine how many would make not that many payments and then you are forced to foreclose on a trashed house or trailer. Sounds like a time-consuming mess. Who then is going to fix it up and resell it for you and how much is that average cost? Sounds like a precarious business to me but maybe this Vanderbilt is huge enough to make their business model work. Selling to American Indians might be a smart move because it may be that wealthy tribes won't let members lose their homes. Might even save the tribe money in the long run.
The hidden secret of the mobile home business has always been catering to the high interest borrower (shit credit, first timers, 7th generation white trash, etc). Getting 17% to 21% on the loans, excessive fees, liening the land below the trailer (that they own outright usually), etc.
All of the above, while keeping in mind that the average mobile home owner pays their debt. Their "home on wheels" is all they have... they will do whatever it takes to keep it.
VERY LUCRATIVE BUSINESS just dealing with the "white trash"... throw in the dindus, wetbacks, and injuns in the mix and you have a Warren Buffett enterprise.
Makes sense what you say. I'm sure their computer programs have quantified their risks and it must work in their favor or they wouldn't be in business.
I bet they offload their loan paper quick to some smart (but double-talker) on Wall Street who packages them up, forces their accomplice S&P [or similar] to grade it Prime, then in turn suckers some poor slob in Germany or Asia to buy AAA+ American Mortgage Paper.
Similar to those [essentially worthless] Lehman MiniBonds that were rated AAA they dumped on HK wealthy suckers. All those HK seniors who got taken for millions actually took to the streets and eventually the seniors were baile dout by the HK government [as opposed to the USA where only bankers get reimbursed for their losses].
Exactly! In th eold days many lenders held onto their loans so they were scrupulous who they loaned money to since they were on the line for the losses.
NOW, manylenders do not care who they lend to since they are either guaranteed by the gubmint(taxpyers) or they send it to Wall Street as you said.
In the meantime they collect fees and commissions.
This has been going on for a while. I bought a spec house in the early 90s and Summit sold it to HFC 6 months later.
Our left-leaning socialist gubmint now actually encourages this as a form of subsidy or welfare to those people and lenders. The losses are transferred to the gubmint who then gets that money by forcing it out of the middle class thru taxes. The middle class people have no say about it except for whom they vote [whatever that's worth these days].
If bankers, school loan companies, etc were forced to hold onto those loans, or at least 50% of them, this problem would not exist most likely since they would lend more "responsibly."
This is one more reason the middle class is dying in America today.
The American Middle Class Is Losing GroundNo longer the majority and falling behind financially
http://www.pewsocialtrends.org/2015/12/09/the-american-middle-class-is-l...
Meanwhile, lenders and loan sharks make off with the Loot [fees, commissions, bonuses, etc].
The lot rent alone makes "owning" a mobile a terrible idea. It is literally the worst of both worlds in that you are paying lot rent to the landlord as well as paying a mortgage for the structure.
The term "mobile" is really a misnomer. They are expensive to move and most people living in a MHP do not have the savings (or the foresight to save) to make it happen, so if you don't pay your lot rent your structure stays behind. The landlord may offer to take it off your hands for pennies on the dollar and then rent it out to someone else or sell it.
And then there's upkeep just like with a regular house....and quality of life/neighbors to think about. Sorry if you happen to live in a nice park, but it has been my experience that they are not good places to live.
Most mobile homes degrade quickly compared to even a FHA quality stick-built house. It's a losing proposition for all concerned except the lenders and the land owner.
It's not much different even if you own a home and land. You still have to pay rent to the county government every year in the form of property tax. I've always wondered what someone like Thomas Jefferson would say if he could be brought back from the grave and found out that he would have to pay a tax because he owned Monticello. I suspect he'd probably die again right on the spot. That's before you even get to any of the other crazy shit FEDGOV is doing to people now.
High interest loans to poor people are an instituion in this country. Payday loans, car title loans, subprime mortgages, pawn loans. A lot of people have made small fortunes exploiting the poor people. You just have to be heartless, manipulative, and a little dishonest.
When shopping for my first home, I was surprised to learn that none of the major national banks issue loans on manufactured homes, so you have to go to specialized lenders that charge no less than 9%. Factory homes just aren't very well built and so are not good collateral for a 20-year loan.
Also, most trailer parks are far from stores and other services, so you need a car to live there. Poor whites know a great deal about car maintenance, poor nonwhites not so much.
Here's Warren getting the Medal of Freedom...
http://cdnph.upi.com/topic/photo/ss/upi/ff7ee3b7d2824a7a78ac29f86242a40b...
And what difference does it make ???
doblackloansmatter - ?
No, don't matter at all - Niggerville Mayor W. Buffett
If you think about it, what has Buffet ever done to build, clean, invent, plant , harvest, mine, design, power...anything of use to society? He has simply transferred existing wealth from one person to another, and collected huge fees/profits from doing so. An apex parasite.
It seems to me he has benefited , like many of the elites, from a reverse incentive: Those in power, who by definition never have done anything useful, productive, or value added in their lives, or if they once did, have sold and cashed in their chips and headed to K street, are granted special tax breaks for non productive work like buying and selling stocks, securitizing loans, charging fees for bogus finacial sevices, etc-all of which basically are enabled by a fiat currency a la the Fed, combined with fractional reserve lending.
But but, if you didn't give incentives (tax breaks) then new industries/businesses would never get started, you say.
I say it is all relative. People start honest businesses that produce valued goods when they are tired of doing more labor intensive work like farming, construction, trucking. New industries, products, services would emerge anyway. Special favors legislaion is a smokescreen so that people like Buffet and the bankers and pliticians can rob the average US citizen blind.
In short, there should be a flat tax at a minimum, so that paper pushers have to pay at least the same tax as the valued added goods producing members of their society.
Actually, and here I am associating with the devil, if the country enacts tarriffs, I think that non productive work should be SURTAXED. Congress has it ass backwards, but then what would you expect? The non productive parasitic lawmakers give breaks to their own kind, like Buffet.
He is an old school Crony.
His daddy was in the House of Representatives, introduced him to the Washington system, and he grew from there.
For some great reading, check this out: http://www.wsj.com/articles/vegas-casinos-fight-to-buy-their-own-electri...
Nevada Power is another Warren Enterprise.
Hubbs, great post. Funny thing is, the modern progressive liberal, who absolutely abhors the word "tax cut" because it will benefit the rich, have no fucking clue that the ultra rich have riddled the tax code with loopholes to benefit them immensely. A simple flat tax wouldn't allow for those loopholes. Government worshippers of both parties will see to it that the status quo stays in place. We can't have a bunch of accountants and IRS people out on the street now, can we.
I learned to my chagrin and sorrow, that the more useful you are the less money you make and the more contempt you are treated with. If you are completely useless and wear a white shirt and tie you get respect. If you do something no one understands you get even more respect. Top of the heap for earning power and prestige are those who not only can't explain what they do, they don't even understand it themselves. For example, hedge fund managers.
Well said and thanks for saving me a lot of typing. In place of his "rule of thumb" poster I was also going to replace it with the CDC poster of the life cycle of a parasite.
Which, by the way, can be eliminated in humans with Frankincense or Myrrh. Unfortunately these herbs don't work well on Corporate parasites which are frequently encased inside of a cancerous metastasizing tumor protecting them known as government.
http://www.zerohedge.com/news/2015-12-24/exclusive-gold-gone-its-all-gon...
what are the default rates by race?
Do you realize simply just by ASKING such a question, you'd be assumed to be a rayciss of the Highest order in most mainstream circles...?
Think of Buffet and Munger like the Duke brothers of trading places, only vastly more wealthy.
They give minorities higher interest rates for a reason..they are more likely to default and or ruin the property.
Everytime I hear some SJW complaining about this shit about blacks having to pay more rent for a reason I always ask..well why is that?
Why don't asians have to pay higher interest? Or any interest at all..since you know..they know how to count and buy things in cash.
Poor Warren; getting woofed up by “sideshows and carnival barkers”.
Double Fudgies all around!
You can't use the lack of Spanish language closing documents against them. Ultimately the fault lies with those who signed documents without understanding them first. Just because they don't speak English doesn't mean they shouldn't be expected to have some common sense. The second Spanish language closing documents were revealed to be unavailable is when these folks should've walked out the door and never looked back.
Or brought a translator with them. I guarantee you, if I was signing a contract in Mexico I would have a Mexican lawyer read it first. In fact I have bought several houses and in every case, had a lawyer review the documents. And this was in English, my native language. Legalese is no one's native language.
Would any one of you be willing to loan your hard earned money to trailer trash at low interest rates? No?
Add in a state lottery and Obamacare and its a trifecta.
If you dislike Warren Buffett's business practices, then sell of your Berkshire Hathaway stock.
And yet another
understatement:
The banksters, and their buddies like Warren Buffet, are so much worse than loansharks that they are not in the same league.
Loansharks actually lend money that they have accumulated, whereas the banksters and their buddies are legally allowed to create the "money" that they lend out of nothing as debts, when they lend that.
The money that a lower level loanshark provides already actually existed. However, the money that the banksters and their buddies provide to the borrowers does not exist until the borrowers agree to take out that loan.
Loansharks employ their own goons to enforce collection of their loans. The banksters and their buddies control the powers of governments in order to enforce their frauds of making the public "money" supplies out of nothing as debts.
Of course, Warren Buffet became successful by being one of the best available professional hypocrites, who adapted to operate inside of the overall systems set up by the banksters whereby governments use their public powers to enforce frauds by privately controlled banks, and all of those corporations that grow up around those banks being able to issue the public "money" supplies, made out of nothing, as debts for everyone else.
Tragically, the overwhelming vast majority of people do not understand the ways that the monetary and taxation system really work, because they have been conditioned for generation after generation to feel like they do not want to understand. Indeed, even the few that do somewhat understand tend to do so in only superficial ways, which therefore leads to promoting superficial "solutions."
ALL MONEY IS BASED UPON MEASUREMENTS BACKED BY MURDERS. Within that context, lower level loansharks are trivial compared to the best organized gangs of criminals that capture control over governments, and thereby enjoy the supreme achievement of organized crime, which is the privilege of the legalized counterfeiting of the public "money" supply out of nothing as debts. Everyone who becomes somewhat successful within the established systems based upon the vicious spirals of POLITICAL FUNDING ENFORCING FRAUDS, must necessarily operate as professional hypocrites. One only has to look at how relatively successful anyone is, in order to judge their abilities to operate as professional hypocrites, because everyone necessarily operates INSIDE ENFORCED FRAUDS.
The central core of the established systems is the system whereby private banks are legally allowed to create the public "money" supply out of nothing as debts, while governments enforce that fraud against everyone else. Around those banksters are the layers of their various buddies, who are able to take advantage of those flows of "money." People like Warren Buffet necessarily built their fortunes by operating INSIDE ENFORCED FRAUDS. Furthermore, they would not have been able to continue to operate without the episodes where their fortunes were saved by even greater FRAUD ENFORCEMENT bailing them out, and/or subsidizing them, in various ways, whenever that was necessary.
The deeper problems are that the vast majority of people can not begin to understand THAT, because they have been conditioned to not want to understand THAT. Since there is almost nothing but a core of organized crime, surrounded by layers of controlled opposition, the bankster controlled governments, where the greatest "wealth" of the oligarchical plutocracy is the ability to make "money" out of nothing, have no publicly significant resistance other than controlled opposition groups.
By and large, almost NOBODY wants to understand the deeper reasons for how and why money is necessarily based upon measurements backed by murders. Rather, the banksters have been so successful in burying that under bullshit that the bogus "solutions" offered by their controlled opposition groups tend to mostly deliberately ignore and/or misunderstand that too.
i doubt he spends much time thinking about those pikers. his holdings of moody's and the squid are much much scummier imo. that maggot helped cause the financial crisis then profited from it. he has his hand so far up janet and and hopey's ass it isn't even funny. the only consolation i have is watching him take a bath on ibm. i'm sure becky likes watching him take a bath too but a real old man fart pool bubble bath (ick sorry i went there).
I knew this was a hatchet job when they called brand new manufactured homes "slums". Since when does selling someone a new home make you a slumlord?
The truth (ripoff sales and lending practices) is bad enough. Lying about it doesn't help their case.
Buffett has made a career buying Democratic politicians who feed him inside information and pass legislation that helps his businesses profit. He is just a disgusting little man with a lot of money. I am ashamed that he comes from the same city that was my birthplace.
While claiming otherwise.
He speaks out both sides of his mouth:
Claiming he was "upset" that the Keystone XL did not get approved, while behind the scenes demanding it be killed.
Forcing a monopoly in the State of Nevada via owning the power company.
Publicly stating derivatives are "financial weapons of mass destruction" while investing/using derivatives
Claiming he wants to pay more taxes while doing corporate inversions
Claiming he wants more jobs while eliminating thousands.
Besmirching Valeant for being scumbags when he and his sidekick Charlie are the biggest scumbags
The list is long.
Didn't Obama get Uncle Warren to buy $1billion of Bank of America stock to keep it from going under? Or was that George W. Bush and the Saudi sheik? Either way, Buffett has some government markers he can call and make good, especially if the HildeBeast is elected. Trump wouldn't give him shit.
Buffett is just you a typical communist democrat, who will do anything to make a buck, including enslaving minorities.
The business of America is F R A U D. Period.
A documentary about the icecream cone creature with "Free Candy" on his bumper sticker.....and the candy ain't free
https://youtu.be/G2uaaAHh1XI
Have you ever met people who praise and lionize Buffet?
If you have a soul, you throw up in your mouth a bit each time.
This type of thing is what started subprime then when Cuomo was HUD chair.
What this fails to mention is the job and credit history of the borrowers to put it into perspective.
Also if you're not a citizen trying to get a loan for a house from a typical bank, you're not getting a loan period.
Jim Clayton established the business model brought into question above long before berkshire hathaway bought the business. Manufacture and high margin sales of mobile homes was just a portion of the clayton model. Poor credit customers, deceptive sales techniques, clayton financing and aggressive collections are really where the profits resided.
After buffet bought the trailer and finance business guess what jim clayton turned his profits and business focus toward, banking - Clayton Banks....... guess that makes him respectable.
Blue hairs and bad credit: best customers you'll ever have. They're uninformed. Sign just about anything. Can hardly read. And they pay for things that are critical to their lives. Oh. And the late fees. Sweet Jesus what a business.
It's true in most industries with retail services.
Despite Warren Buffett, the article is written in a manner of White-bashing so easily predictable and detectable that it is almost comical. Shame really, because there is actually unethical wrongdoing here, but the focus is instead shifted to the 'White-privilege' meme as the main culprit.
Notice how in the beginning, it's a 'Black & White' issue exclusively? Then, as the article progresses, they toss in 'people-of-color' and 'Latinos' (PC for 'MEXICANS', but you can't utter that word because - well, actually while Mexicans themselves don't mind being called Mexican, chaos-pimping elites deem the term 'offensive').
Funny, where are the Asians...? Those are 'Yellow' people by the way, in case you're having a difficult time keeping up with schizophrenic manner in which different races are presented - some by way of geo-ethnicity and others by color, and then sometimes - but not always, both...
I always wondered why media types have such a difficult time with consistency - you know, if you're going to refer to Whites as 'White' (In fact, they're never referred to as anything but...), and Blacks as 'Black', why don't they refer to everyone else by their 'color', instead of a tangled mess of PC euphemisms, all in a bizarre attempt not to 'offend' anyone (except Whitey)...?
What a Fuckin' mess.
It's modern day slavery in essence.
Jim Clayton was born in Finger Tennesse.....like give'm the Finger
What they call "target and preys upon", I call effective marketing.
As American society degrades, the number of dumb, poor and gullible people increase, to feasted on by the likes of Buffett, with zero protection or comfort offered by those liberals who majored in and tracked for a carrier in Public Service.
The only real help can be given in grammar school, by rote learning: never borrow money; never have a credit card; collect all wages in cash; all TV and Internet ads are fraud; spend half of what you get; put the rest under your mattress.
Hey hangem high- the FRAUD you speak of is the business of government and those that are connected to or in the hip pocket there of. The true business of America is that of those who wish to COMPETE in the market free of government influence and CORRUPTION!!!
For the record I tried!
Yellowsub- I believe you are referring to this Andrew Cuomo correct? What a lying sack of jenkum both he and Barry the butt fucker are!!!
https://m.youtube.com/watch?v=gpj4gcdm_JQ
For the record I tried!!!
Happy New Years to you all. Only 389 more days until we flush this POS Preezy we have been afflicted with. We can only pray that the audible cunt Hitlery won't be the next.
If it is then we at least know what needs to be done.
God bless you Americans one and all. That goes for those who hate their own country but soon will wake up from the smell of their own shit and actually might start to question their decisions of more government being the answer to all of our problems!
For the record...I'M A PATRIOT!!!
America is an exceptional nation: Exceptional in corruption. America's corporate corruption is exemplified by Warren Buffet.
HOW MUCH IS ENOUGH?
That is the question for these F**ker's.
Does a man become sick after becoming rich, so sick that he then needs to be ultra rich, and then do they get drunk on richness and then it becomes POWER that they desire Ultimate POWER and then the uncontrollable urge to prey on poorer people to gain moar power and richness?
Is this a disease that one get's once he gains wealth or is this a disease that these people already have within them or do we all carry this disease within us?
The Fixx "How much is enough" https://www.youtube.com/watch?v=6xcuGBQWswg
i have to give buffet credit for selling trailers to black people. they never used to live in trailers. that was the exclusive environment of poor white trash.
this could be the key to racial diversity in the usa. poor white trash and poor black niggers living together in peace and harmony surrounded by tin and plastic is the future of the usa middle class.
I'd really like to know what his wife and family think about him...I'd bet he is a miserable old prick and always has been!
F**k Buffet! I'm sure the world will celebrate when he croaks same with Soros
Notthat I care for Buffett, but this is capitalism.
Find, develop, or exploit an opportunity
Is Coke honest about their product?
McD's
Volkswagen
Nike, AAPL, and many others use sweatshop labor
Retailes pay employess shit
Even the corner store selling outdated food or marking up higher than "reasonable"
Squishees are nothing but garbage and chemicals mixed in ice
You can find "evil" in every company
The biggest evil in companies comes from the fact that the shareholders can hide their involvement.
dingo: "...but this is capitalism"
Obviously you have no clue what capitalism is.
Having government bureaucrats rig every decision in your favor (insider trading scandal at Berkshire), having Congress members order the SEC to give you special treatment (not reporting trades like every other hedge fund), getting special investment opportunities that are not offered to current shareholders nor the public (GE, Goldman, USAir, FNMA, etc), and having a socialist president make up a ridiculous excuse to delay a pipeline so that your trains can carry crude oil for twice the price (XL pipeline)...
And lets not forget that Buffett's daddy was a member of Congress, which is how many crony kleptocrats get their start.
Buffett "wins" every trade for the exact same reasons Saddam Hussein's sons won every soccer tournament in Iraq (with Saddam's referees), but could not compete when an impartial referee was there.
He is openly for Hitlary. He was and is for Obama bin Laden. He cannot be a Capitalist because both of them are National Socialists.
We need to boycott all his products. He needs to go out of business.
Clintons whitewater X a billion.
I used to pity poor people, thinking There but for the grace of God go I. That was before I became a landlord and dealt with these mopes for 15 fucking years. Poor people who stay poor are generally doing a lot of things wrong and they would rather blame me than suck it up and fix their situation. Case in point, the asshole I am currently evicting. No money for rent but there is always money for beer, pot, and smokes. In 10 years I have never seen the husband sober. I have raised the rent 6 percent in 10 years. This makes me a greedy Jew slumlord according to the zero common sense tenants. After the last barrage of insults I said Fugit and ended the month to month lease. Now they are scrambling to find another rental because they do not have the security deposit. In my case, it will take 5 grand and 2 months to fix up the trashed rental and " renig " All I can say is FUCK THEM IN THE ASS FOR ME, UNCLE WARREN. USE A CONDOM COATED WITH SAND AND VASELINE, I LIKE TO HEAR SCREAMS :-)