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Wednesday, October 07, 2020

By and large, billionaires are bad

 I was pretty sure Warren Buffet was a wholly-owned Promethean from the moment he talked about not leaving his wealth to his kids. But his reported financial support for BLM seals the deal:

The received wisdom, echoing the official mythology around Black Lives Matter Global Network Inc.—co-founded by Garza along with fellow activists Opal Tometi and Patrisse Cullors—is that BLM is a grassroots movement that rose up organically out of the widespread rage sparked by viral videos of Black American men killed by police officers. According to this account, the political priorities of activists in Brooklyn screaming at cops and calling to defund the police have been fused with those of suburban moms in Peloton T-shirts, hand-painting signs with their kids using the BLM hashtags of large multinational conglomerates—an unusual union of protesters and the corporate boardroom spurred on by nothing more than everyone’s shared outrage over racism.

There is, however, another version of events, in which the heartfelt dedication to racial justice is only the forward-facing side of a more complicated movement. Behind the street level activism and emotional outpouring is a calculated machinery built by establishment money and power that has seized on racial politics, in which some of the biggest capitalists in the world are financially backing a group of self-described “trained Marxists”—a label that Cullors enthusiastically applies to herself and the group’s other co-founders.

These bedfellows, whose stories and fortunes are never publicly presented as related, are in reality intertwined under the umbrella of a fiscal sponsor named the International Development Exchange. A modestly endowed West Coast nonprofit with origins in the Peace Corps—which for decades supported local farmers, shepherds, and agricultural workers across the Global South—IDEX has, in the past six years, been transformed into two distinct new things: the infrastructure back end to the Black Lives Matter organization in the United States and also, at the very same time, an investment fund vehicle driven by recruited MBAs and finance experts seeking to leverage decades of on-the-ground grantee relationships for novel forms of potentially problematic lending instruments . And it did so with help from the family of one of the most famous American billionaires in history—the Oracle of Omaha himself.

Not every billionaire has sold his soul to Satan, but it is readily apparent that most of them have. This may be what Jesus Christ warned us about when he said that it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God. 

It's not an accident that they profit from evil and misfortune:

Billionaire wealth reached record high levels amid the COVID-19 pandemic, a report by UBS and PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world's richest break the $10 trillion mark. The report, covering over 2,000 billionaires representing some 98% of the cohort's total wealth, found billionaire wealth grew by more than a quarter during the early months of the pandemic to reach $10.2 trillion in July, breaking the previous record of $8.9 trillion at the end of 2019.

They don't produce anything. They aren't providing capital to anything useful, or good, or beautiful, or true. This isn't about capitalism or socialism, it's about evil serving Evil.

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115 Comments:

Blogger Shane Bradman October 07, 2020 8:38 AM  

In order to become filthy you, you have to sell your soul to Satan. That's why they don't go to heaven. You don't become filthy rich out of merit.

Blogger Ominous Cowherd October 07, 2020 8:42 AM  

Not every billionaire has sold his soul to Satan,...
It definitely looks as if Trump has not. Can anyone think of another?

Blogger Parallax October 07, 2020 8:43 AM  

Solomon isn’t exactly (in)famous for just his wisdom.

Blogger VFM Bear October 07, 2020 8:46 AM  

I'm starting to wonder if the real reason so many of the very wealthy are not paying much or anything in taxes is not so much 'tax loopholes', but the fact that if you're a Promethean it isn't and never was your money to begin with.

Blogger The Lab Manager October 07, 2020 8:55 AM  

Ominous Cowherd wrote:Not every billionaire has sold his soul to Satan,...

It definitely looks as if Trump has not. Can anyone think of another?


It would have been very interesting the last 20 years and right now if JFK the younger had not died in that plane crash. He was not a billionaire, but he seemed one of the very few Kennedy family members who had not made an ass of himself. Trump is known to have been an associate of his as I understand it.

Blogger The Lab Manager October 07, 2020 8:57 AM  

I've always despised Buffet ever since his asinine tax comments about how he as an investor pays less tax than most working people, but never came out in favor of policies that would fix that situation. Another anti-American sack of human waste by supporting BLM.

Blogger jijijeac October 07, 2020 8:58 AM  

buffett is getting close to 90 and a walking corpse. his handlers are the ones that are hadling all of his investments and net worth. look for people around him to determine where all of these donations to blm groups come from. most likely you will find some dem party activists in there. people forget that blm protests rose sharply before the 2016 ellection then completly dissapeared after trump won only to start again before this ellection. blm is simply the street and race agitation arm of the leftwing globalist elite. they will prob disappear quite quickly after trump will win again.

Blogger Stilicho October 07, 2020 9:00 AM  

All of these organizations and the people supporting them are! By definition, terrorists (advocating and working towards the overthrow of the US by use of violence to intimidate political opposition etc.). I would enjoy seeing them being officially designated as such by TGE, but realistically expect the US will break up before we get to that point. In the meantime, we all need to spread the awareness of their evil so that we are better able to expel them from the new nations we form after any breakup.

Blogger Jose Miguel October 07, 2020 9:13 AM  

@Ominous Cowherd
One girl I courted a while back, her family was worth 700+ million. 3rd generation Texas oil money. Her dad was definitely a Boomer civ Nat but I highly doubt a Promethean. Also since wealth in that family was inherited through the generations I figure the money is actually theirs.

Blogger Johnny October 07, 2020 9:15 AM  

Warren Buffet has always been a buyout specialist. Either through formal buyouts or purchasing enough stock to become a major stockholder. Early on he had a reputation for integrity that was earned. By my lights he eventually shifted to a bit of a scam. His approach to buyouts became an appeal the a companies' management that was not in the interest of the stockholders. It was: help me buy your company on the cheap and you get to keep your job. And in some cases he would purchase companies on what appeared to be inside info, the same now legal but unethical method by which a lot of congressmen gain wealth.

Buffet is now in at least semi-retired, and funds to BLM may not have to do with him. This social activist crap seems often to come from people who manage money that they didn't earn. We would do ourselves a favor if we started reducing the ability to roll forward these enormous amounts of money.

Blogger SonyAD October 07, 2020 9:32 AM  

I won't weep and my heart won't bleed for liberalism, neoliberalism, classical liberalism or capitalism. No one can become a billionaire through their own hard work or ingenuity alone and exclusively. Millions of people work to create and maintain a billionaire. Millions of talented and hardworking people want to work a job which employs their strengths and talents and can't because 'they have no experience' or 'don't have the necessary formal education or training and accreditation', nevermind that they taught themselves.

Neoliberal capitalism forces people to become NEETs, paupers, homeless then blames them for being that asserting it's because of their own laziness and ineptitude that they are in that situation. Just take a look at ArtStation, for example, to see the kind of talent and ability that capitalism sees no use for, or pays peanuts and overworks, overtimes and shortchanges then fires and replaces on a moment's notice, with no regard for seniority, performance, prior accomplishes or proven work ethic or dedication. Peanut pay, high turnover and low regard or valuation for labour. People are now expected to make a living for peanuts in the gig economy on fiverr and freelancer, out-competing 90 or more people per gig in a race to the bottom for labour.

Ex nihilo created money artificially scarce for the unemployed poor and working poor, ex nihilo created money excessively abundant for the ruling and owner class. Yeah, that's not a system I'll care to protect from 'marxism', 'socialism', 'bolshevism' or 'communism' coming to seize means of production and redistribute wealth, especially at the cost of my own savings or wealth, time, effort or at personal risk. In fact, I might glibly video record it all for posterity when the guillotine or the bullet riddled wall finally do make a comeback.

And then, decades later and for decades longer still afterwards, some reincarnation of The Heritage Foundation and many other right wing agitprop outlets will again wonder in amazement and fierce condemnation how, all of a sudden and for absolutely no reason at all... the left again killed another few 'bazillion' completely innocent people and how we must again rebuild neoliberal capitalism, but with no central banks this time. Just commercial banks. Because only central banks are bad, not all the other banks that collectively conjure up 97% of the non-existent money supply, that doesn't even exist as cash, and use their ex nihilo imaginary cash issuance power to perennially take from the poor and working stiffs and give to the ruling and owner class.

Blogger Maniac October 07, 2020 9:35 AM  

Buffet owes a healthy percentage of his wealth to Kirby vacuums, whose sales tactics have been known to be less-than-ethical, to say the least. He and Soros can go to Hell.

Blogger Azure Amaranthine October 07, 2020 9:38 AM  

"I was pretty sure Warren Buffet was a wholly-owned Promethean from the moment he talked about not leaving his wealth to his kids."

I once had the displeasure of learning about one of his "genius" tactics from someone who idolized and researched the super successful. Reading between the lines, the man is a pirate in everything but ship and legality. The gist of it was that he'd buy a company without sufficient contractual protections for its employees, fire everyone, steal all the retirements and everything else not nailed down that wouldn't lower the "market price" of the company, then sell it to a chump and move on.

The man is a pretentious, immoral, thieving shitstain with amazing PR.

Oh, and he is leaving wealth to his children, just in the form of stocks they're set up with rather than as an inheritance, since the stain calls for higher death taxes because he sells life insurance, and more people buy life insurance when inheritances don't pass well.

Blogger MJ October 07, 2020 9:39 AM  

"This may be what Jesus Christ warned us about when he said that it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God."

I've always understood it as a warning, viz that wealthy people are more likely to be distracted by worldly, material concerns. Poorer folks are usually more religious and focused on helping their neighbors.

Blogger Manuel October 07, 2020 9:39 AM  

Buffet cultivates this "Uh Shucks" boy next door image but if you look into how he invited his current wife to live with him and his then 1st wife and you get the feeling something deviant is going on.

Blogger Azure Amaranthine October 07, 2020 9:41 AM  

He's textbook "burn everyone else's future down so I can profit now".

Blogger Stilicho October 07, 2020 9:42 AM  

End all tax exempt status at federal level (note to usual idiots--churches don't have to pay taxes on donations even if they are not a tax exempt entity). States can let remain non-profits for local property tax exemptions. Also end all gov't grants to these orgs (the Tides Foundation-pure evil- got $170 million in govt grants recently and spent it on abortion, communism, terrorism, immigration, cultural degeneracy, etc.).

It would not be difficult and would cut off much financial support for evil.

Blogger The Masked Menace October 07, 2020 9:42 AM  

Imagine becoming wealthy literally without producing anything. Nothing at all, not a hospital, not a method of transportation, not food, clothing, nor housing. Literally nothing. Not even capital for other more talented people to use. No product, no service... nothing.

These people shouldn't be admired. They shouldn't be respected. They're nothing like the entrepreneurial giants of the past. They create nothing. They build nothing. They destroy. A mentally deranged homeless person defecating on the street adds more value to society.

Blogger Dark Herald October 07, 2020 9:45 AM  

"Nobody earns a billion dollars."

Blogger John Regan October 07, 2020 9:45 AM  

Interesting factoid: Buffet's father was a congressman, and a gold standard guy

Blogger James October 07, 2020 10:07 AM  

Tried to post this on your recent article about Google & Brave, but it was deleted first:

I have to write it here because it doesn't seem anyone is questioning the narrative:
Brave was made by Brendan Eich, who supposedly donated a measly $1K against gay marriage, which is entirely inconsequential. This might be seem bad enough to SJWs to justify embarrassment + firing - but only in their deranged minds. I'm not going to question Eich's sexuality without more evidence - but my innate detection mechanisms are a ringing! Let's not forget the Soros/SJW/Mozilla connections.

Brave overtly whitelists Facebook & Twitter trackers and no one bats an eye! ungoogle-chromium + ublock origin is more secure & private than Brave. Even Firefox + PTIO's config mods + ublock origin is way more private than Brave.

I'll not go into the paradoxical issue of any truly private browser being unique enough to make fingerprinting easy.

Blogger Doktor Jeep October 07, 2020 10:11 AM  

Southern Long Island has a party spot known as Fire Island. It's known to be quite gay, but you don't have to be one to go there. There's no checkpoint where they quiz you on Broadway show tunes.
And there you will see the most expensive stuff. Yachts with helicopters parked on them, supercars. The works.
Sodomites get paid well.
Meanwhile in the rust belt...


Overall, it's time to end this "muh free market" bullshit. What do we get out of the status quo? We get Buffets and Bloombergs, Gates, and others. And the one man who made it and slipped the gates is the one they all despise, but Trump has always been a target since the 1980s.
It's time for National Caputalism. Basically no more usury and "yes you can make profit but not at the expense of your country".
It's never been tried.

Blogger Haus frau October 07, 2020 10:35 AM  

Buffet, being from Omaha, I wonder what his ties to the Franklin Credit Union scandal are. Omaha elite , including the Omaha World Herald editor and the police chief were all in on it. Even President Bush was connected. He had to be within orbit of all the main actors involved.

Blogger liberranter October 07, 2020 10:37 AM  

They don't produce anything.

In Buffet's case that's the understatement of the Millennium. Far from "producing" anything, Buffet and the rest of his financial class ilk specialize in hoodwinking small investors into shoveling as much of their (increasingly worthless fiat) money as they can con out of them into Wall Street black holes that ultimately enrich Warren Buffet and Pals but leave the little guy with nothing tangible to show for the bet he placed.

Blogger FearFullyMade October 07, 2020 10:50 AM  

This comment has been removed by the author.

Blogger "William Berke" October 07, 2020 10:52 AM  

Keep writing at this level and you will have a hugo award in no time.

Blogger ThomasO October 07, 2020 10:58 AM  

I had my suspensions about Buffet when he started working with Bill Gates. Mr. Gates had no integrity as head of MS & I'm guessing he hasn't changed his modus operandi since then.

Blogger RedJack October 07, 2020 10:59 AM  

The first place I saw BLM was in Evanston Illinois on a bunch of rich peoples lawns three years ago.

Blogger Dafo October 07, 2020 11:01 AM  

Buffet not only didn't give his fortune to his kids, he signed it over to the Gates foundation.

Blogger Ominous Cowherd October 07, 2020 11:02 AM  

Jose Miguel wrote:Also since wealth in that family was inherited through the generations I figure the money is actually theirs.
It may well be their money, in that case. New Rich does seem to be fake rich, nowadays.

Blogger ThomasO October 07, 2020 11:07 AM  

I had my suspicions about Buffet when he started working with Bill Gates. Mr. Gates had no integrity as head of MS & I'm guessing he hasn't changed his modus operandi since then.

Blogger Azimus October 07, 2020 11:09 AM  

Capitalism's greatest weakness is the assumption that the enjoyment of wealth is the one and only reason for its accumulation - it has no answer for meddling power-hungry pedantic bastards who feel like they should use their wealth as soldiers to shape the world into their own preferred image.

I've met several millionaires and a few multi millionaires in my day. To a man they were all great people - they understood how their money was made, and they knew the people who made them their money. They were involved.

Billionaires are different. They have no idea how their money is made, or who makes it for them. So many people work for them - either direct employees or indirectly through being shareholders - it is impossible to even begin to understand what all goes into the check they get at the end of the month. To them, an R&D engineer or a purchasing manager or a department supervisor is just an expense line on an income statement, a machine.

Private equity is the same thing - a parcel of millionaires pooling their money into a billionaire's body and hiring some soul-less hack to sit on top of it and play pretend billionaire.

I don't know what the answer is, but it probably involves the tax code, and elimination of other fat-cat protections.

Blogger xevious2030 October 07, 2020 11:09 AM  

"with origins in the Peace Corps"

The trick of inversion.

Blogger The Homeless IT Guy October 07, 2020 11:24 AM  

How the 'oracle' of omaha escaped getting named in the franklin savings and loan lil party is quite the mystery

Blogger Dan in Georgia October 07, 2020 11:33 AM  

But he's not leaving his fortune to his children. That tells me it's not really his.

Blogger Seeingsights October 07, 2020 11:56 AM  

@ Ominous Cowherd

Dietrich Mateschitz (Croatian: Matešić; born 20 May 1944) is an Austrian billionaire businessman. He is the co-founder and 49% owner of the Red Bull energy drink company. As of 24 July 2020, according to Forbes, Mateschitz's net worth was estimated at $26.9 billion, making him the 40th wealthiest person in the world.

He Is doing the Lord’s work by firing woke high level executives and supporting nationalism/populism.

Blogger Lunchbag Lizard October 07, 2020 12:03 PM  

Let's not forget that Warren Buffet was friends with Lawrence E King

Blogger Balkan Yankee October 07, 2020 12:13 PM  

The situation is far worse than the lone fact of Buffet's funding indicates: https://thenewamerican.com/hail-satan-after-terrorizing-churches-blm-witchcraft-exposed/

Blogger Karen took the Kids October 07, 2020 12:20 PM  

Wikipedia - 'Buffet is a long time supporter of family planning. The Buffett Foundation has given over $1.5 billion to abortion research to include $427 million to Planned Parenthood.'

How surprising.

Blogger Chris Lopes October 07, 2020 12:30 PM  

Musk isn't bad. He's doing his best to get off planet, and in the process he's taking the rest of us with him.

Blogger Stilicho October 07, 2020 12:43 PM  

Nothing wrong with free enterprise within the national borders. Also, capitalism is just a means of pooling capital to engage in business pursuits.

But what you are complaining about is neither, it merely wears those names as a skinsuit. Changing it to "free market" or even "free trade" as part of the subversion. Capitalism they simply redefined to "whatever we crony socialists thieves get up to" .

Akin to how the conservatism of Reagan was morphed into the neoconnery of the Bushes but kept the name as cover. pat Buchanan's warnings notwithstanding.

All those terms are effectively lost/corrupted, so we will need new terms for the concepts we espouse.

Blogger Seth S October 07, 2020 12:47 PM  

Sam Walton didn't seem like a promethian.

Blogger Bezzle October 07, 2020 12:50 PM  

TGE has been tantalizingly teasing at making dollars great again by deliberately crashing this sow of a stock-market that's hoovered in every last greed coin. Crash it, and bonds and metals and crypto and treasuries and real-estate simultaneously; don't give them a single safe haven. Hold a match to the ass of that tick.

@10. Johnny October 07, 2020 9:15 AM
Warren Buffet has always been a buyout specialist. Either through formal buyouts or purchasing enough stock to become a major stockholder. Early on he had a reputation for integrity that was earned. By my lights he eventually shifted to a bit of a scam. His approach to buyouts became an appeal the a companies' management that was not in the interest of the stockholders. It was: help me buy your company on the cheap and you get to keep your job. And in some cases he would purchase companies on what appeared to be inside info, the same now legal but unethical method by which a lot of congressmen gain wealth.

Back in 2010 or 11 or thereabouts, there was a particularly volatile coal-mine stock that bounced around in a sine wave up and down 5% to 10% a day in a well-established channel. Needless to say, traders loved milking that spread. So one day, it closes at $60/sh near the top of the channel; traders get short. The next day, it opens at $90 on the news that Buffett's Berkshire Hathaway was buying the entire company and taking it private. Buffett had purchased the entire deep-out-of-the-money call-option stack, and when the dust had settled, got his coal mine essentially for free. Shorts on 30% margin were completely zeroed out of their positions.

You can't win at roulette when you're a gnat riding the the marble.

Blogger Akulkis October 07, 2020 12:59 PM  

"Oh, and he is leaving wealth to his children, just in the form of stocks they're set up with rather than as an inheritance, since the stain calls for higher death taxes because he sells life insurance, and more people buy life insurance when inheritances don't pass well."

He also likes hi death taxes, because then family businesses are in a bind, and he comes along and buys them for pennies on the dollar, because the heirs typically can't afford to pay the taxes on the deceased's business.

Blogger Azure Amaranthine October 07, 2020 1:09 PM  

"Nobody earns a billion dollars."

The concise point.

Oh, sure, it's hypothetically possible to earn a billion, but you'd have to be one damn rare jeweled cog, producing something that nearly no one can, and everyone wants. Look at the actual billionaires' products. Finance, government contracts, stock market (gambling/finance/scams), "social" "media" (spy/intel collection/agitprop), various "definitely not finance" industries and markets that under inspection have been skinsuited by finance....

Construction? That's rare. Well, not rare as in a rare talent necessarily, but the connection to finance or government is pretty tenuous compared to the vast majority of billionaires. Like oil supplying, it may not be clean, but it's clean for those circles.

Blogger DeepThought October 07, 2020 1:23 PM  

They made this man to be a middle class "One of us" guys when the facts clearly show he sold his soul decades ago to Shaitan.

Blogger cecilhenry October 07, 2020 1:25 PM  



The book 'The Way life should be??' by John Q Publius outlines the massive extent of these elites in funding the attack on the West--- and most of the name are Jewish, and most of it takes place under philanthropic guise.


But one of the massive ways this is carried out is by 'Donor advised funds' (DAF's), which are charity related funds that allow huge amounts of money to be moved around in the name of charity while being controlled by largely unknown 'donors'.

This is a very effective way to hide activity, hide money flows, and wash money.

Many of the funds, through further intermediaries, give money BACK to the donor source organizations.

'Breaking Bad' has nothing on these people.

Blogger The Homeless IT Guy October 07, 2020 1:32 PM  

@37 Very close friends

Blogger drsmith48167 October 07, 2020 1:44 PM  

We also have to remember there is a reason why most of the super wealthy don’t leave money to their heirs - cause it is not theirs to leave in the first place. They are just borrowing it from another entity, shall we say. Also makes sense how Buffet got “lucky” all these years - more like he had a lot of help & “luck” thrown his way.

Think it was Vox whom noticed the correlation between the super wealth and how deep they are into the Deep State/Globohomists because of that very fact - they never leave their piles to family, it goes to other said “worthy causes”. If you start with the premise the money was never really theirs in the first place, it all makes perfect & logical sense,

Blogger thethirdcoast October 07, 2020 2:10 PM  

The Lab Manager wrote:Ominous Cowherd wrote:Not every billionaire has sold his soul to Satan,...

It definitely looks as if Trump has not. Can anyone think of another?


It would have been very interesting the last 20 years and right now if JFK the younger had not died in that plane crash. He was not a billionaire, but he seemed one of the very few Kennedy family members who had not made an ass of himself. Trump is known to have been an associate of his as I understand it.


Some have postulated that JFK Jr. was specifically taken out so that Killary could carpetbag her way into the Senate seat that Daniel Patrick Moynihan retired from.

The thinking is that JFK Jr. would have primaried Killary by a fair margin, so he had to go.

Blogger thethirdcoast October 07, 2020 2:13 PM  

Johnny wrote:Warren Buffet has always been a buyout specialist. Either through formal buyouts or purchasing enough stock to become a major stockholder.

Yeah, there is a bit more to the widely spread story that lil' ol' Warren made billions simply buying and holding stock for 50 years.

That is one of the scare stories the financial services industry loves to tell people so they park their money with them for 30 or 40 years, thus permitting the financial guys to milk those folks for 30 or 40 years worth of fees and interest.

Blogger tuberman October 07, 2020 2:14 PM  

" Also makes sense how Buffet got “lucky” all these years - more like he had a lot of help & “luck” thrown his way."

Over a couple a years ago on 8Chan, they use to put notables out about excessive insider trading that was allowed for Buffet, Gates, the Pritzker's, Mark Cuban, and dozens of others, who got constant inside info on a regular bases to know what to do with their money. Some like Buffet and Gates received even more coaching then the others. They were Always Informed when anything Big was to happen. There was some sauce on it then, yet I didn't save that.

Blogger Bezzle October 07, 2020 2:29 PM  

@37. Lunchbag Lizard October 07, 2020 12:03 PM
Let's not forget that Warren Buffet was friends with Lawrence E King

They sealed that one up good, and Wikipedia has "protected" the article since 2015 to keep the bad stuff out.

InfoGalactic article version with video. Long memory-holed, this needs to see the light of day again.

Blogger Oswald October 07, 2020 3:14 PM  

Buffet the so-called prophet of Omaha. Makes you wonder where he gets his tips from. Could he be getting his tips from the ruler of this world?

Blogger RandyB October 07, 2020 3:21 PM  

It's the entirety of "the 1%" in the U.S., plus their counterparts globally. So up to 3.5 million in the U.S. alone.

All of those, with extremely rare exceptions, are bad.

Blogger Chill Penguin October 07, 2020 3:24 PM  

@3 Solomon is infamous for having multiple wives of other religions and helping them bring their religions to Israel. His wisdom that he asked God for didn't protect him from following in David's footsteps and taking it further in that direction.
But selling one's soul to the devil implies reprobation and Solomon was saved, lots of people in the Bible do very wicked things but still get saved, and conversely, the other Apostles didn't recognize Judas even after Jesus said 'what you are about to do, do quickly'. The only real evidence we have of salvation or reprobation is that false prophets will be known by their fruits, meaning converts.

Blogger Jack Amok October 07, 2020 3:49 PM  

Sam Walton didn't seem like a promethian.

His company was one of the major wrecking balls taken to US manufacturing. Maybe the hat doesn't fit, but the shoe does.

Anonymous Anonymous October 07, 2020 3:56 PM  

in hindu mythology it is said that one of the five domains of asuras/demons(on Earth) are places where there is excess of wealth

Blogger kurt9 October 07, 2020 4:01 PM  

Ominous Cowherd wrote:Not every billionaire has sold his soul to Satan,...

It definitely looks as if Trump has not. Can anyone think of another?


There are plenty of them. Larry Ellison of Oracle and Michael Dell of Dell are two that come to mind. There are plenty of them in both Silicon Valley and Texas you never hear about they because they are simply not into the limelight.

I would go so far to say that the majority of the rich and super rich want nothing to do with the radical chic freak parade that guys like Soros, Gates, and others in the limelight seem to back.

Blogger Keith October 07, 2020 4:01 PM  

>and a few multi millionaires in my day. To a man they were all great people - they understood how their money was made, and they knew the people who made them their money.

The only millionaire I know is the exact opposite of all that. His one basic skill is grant writing--milking the government for money that you don't have to pay back and that doesn't dilute your company--which *is* a great skill.

But when asked what worked and didn't work with his successful exit he is almost stutteringly clueless about what to say. The only two people I've *ever* heard him go out of his way to say anything positive about are the lawyer who wrote up the patents and the HR lady who "helped the company look legit."

These were some of the best scientists and engineers I've ever worked with and the guy who got rich off of it can't even tell you who the heavy lifters were (in a Pareto Principle sense) and who the ass-kissing fakers were.

Oh, and this guy who got rich off of government grants also took a junket to China to explore the possibility of selling out to them, possibly making his bundle off of an investment you helped pay for with the grant money. Fortunately that didn't happen, and we were, instead, bought by giant domestic company (whose cash flow, incidentally mostly comes grant-funded customers itself), and who is taking massive R&D tax breaks to offshore as much as they can.

Blogger Jack Amok October 07, 2020 4:04 PM  

Aside from any issues with how they acquired their wealth, the very existence of billionaires is dangerous because they're able to direct enough resources into a project to swamp all the normal social fabric feedback mechanisms. The Bay Area has no shortage of problems, but a lot of them are the result of money pouring into Silicon Valley so fast all the normal signals that growth needed to slow down were ignored. The social fabric there was completely shredded because there was just no way that much change could be absorbed that fast without destroying the existing civilization.

Billionaires have enough wealth to essentially out-bid entire communities and remake them into the billionaire's pipe-dream. Even if all that money was fairly earned, it's dangerous.

Blogger Gulo Gulo October 07, 2020 4:09 PM  

There are a number of billionaires out there who are not Prometheans and actually earned their money through legitimate means ..making products society needs. One of the wealthiest families in the world - the Irving's - come to mind. Having built their empire on lumber, paper, potatos and oil.
All that said, a lot of billionaires did not legitimately make their money. Instead, the seed money to get started was lent to them by the "banks"and or "venture capitalists" and all along the road was paved for them to succeed in the "markets" via all sorts of help and assistance by all the major gatekeepers in this ptomekin village economy. We live in the age of the Great Lie, so its only natural that the fairy tales we are told about the astounding successes of these ugly autists and geek billionaires is as fake as the benefits their product and service claim to provide.

Blogger John Regan October 07, 2020 4:43 PM  

My point is that Buffett took the ticket a long time ago, and in one of the worst ways: betraying his own father. The rulers are especially solicitous of those who are willing to betray what is naturally dear.

Blogger Snidely Whiplash October 07, 2020 4:46 PM  

Chill Penguin wrote:Solomon was saved
If Solomon was saved, it was only after the "harrowing of hell", when Christ descended to the abode of the dead and preached the Gospel to the virtuous there. We have no way of knowing either way, though since he was the recipient of God's wisdom, it seems likely.

Blogger liberranter October 07, 2020 5:21 PM  

@4 VFM Bear:

That's probably also the reason why most of them leave very little to their heirs. It's not theirs to leave.

Blogger KPKinSunnyPhiladelphia October 07, 2020 5:23 PM  

One of the major objectives of big business with billionaire owners and investors is to destroy the small businesses and the competition they provide.

Nothing better to help that objective along like a self-imposed economic shut down due to pandemic panic.

Blogger Beloved October 07, 2020 6:01 PM  

If you want to work a job that pays nothing, that's on you. The market tells you what it wants you to do if you're willing to listen. It wants STEM, programming, trade and transportation work. If you are willing and able to work these jobs you will find the highest financial return for your time possible.

If you have nothing else but a clean driving record, for example, you can spend a year getting a CDL license for 60k+ per year from Prime inc. During that year, you study the cdl manual for over size and overweight restrictions. Take the test for those certifications, and with one year experience you apply for a job as a heavy haul trucker starting at 140k+ per year and a five year contract. Be smart with your money and after five years you buy your own used truck and a few different trailers (reefer / dry van / flatbed / lowbelly). You pay 12500 a year for your own trucking authority (each year) and bid for jobs as an owner operator pulling in 300k+ per year.

This is one example that anyone with a high school diploma and an IQ above 90 can do if they're willing to work.

Or you can be a starving artist following your "passion".

Blogger map October 07, 2020 6:17 PM  

tuberman wrote:" Also makes sense how Buffet got “lucky” all these years - more like he had a lot of help & “luck” thrown his way."

Over a couple a years ago on 8Chan, they use to put notables out about excessive insider trading that was allowed for Buffet, Gates, the Pritzker's, Mark Cuban, and dozens of others, who got constant inside info on a regular bases to know what to do with their money. Some like Buffet and Gates received even more coaching then the others. They were Always Informed when anything Big was to happen. There was some sauce on it then, yet I didn't save that.



Insider information is how they make money. Frankly, I honestly think that they have insider information about the Federal Reserves Federal Open Market Committee (FOMC) meetings. The biggest players all know ahead of time what the Fed is going to do with interest rates. Then, certain financial networks like BergBloom flood the airwaves with the opposite of what the Fed is really going to do.

Blogger Sterling Pilgrim October 07, 2020 6:47 PM  

OT... Chad Wolf is team joe

https://www.breitbart.com/law-and-order/2020/10/07/dhs-omits-antifa-from-latest-domestic-threat-assessment/

Blogger Ariadne Umbrella October 07, 2020 7:06 PM  

I want to say every long-term grocery store chain is run by a wealthy family. I'm not sure on the details, but the local one here is very beloved. The entire family has been good to our state far, far beyond what is required of them. I've also read that they were aware of something going wrong in China fairly early on.

They hire local teenagers on a regular basis. They train extensively. The staff is happy.

Whole Foods had a happy staff right up until they were bought out by Amazon.

Blogger Jose Miguel October 07, 2020 7:20 PM  

@Snidely Whiplash

I thought Catholics recognized Solomon as a saint, I know the Orthodox do. He supposedly wrote Ecclesiastes after repenting, but repented too late to prevent judgement from falling onto his son's generation.

Blogger Akulkis October 07, 2020 7:37 PM  

This comment has been removed by the author.

Blogger Akulkis October 07, 2020 7:37 PM  

>> Musk isn't bad. He's doing his best to get off planet, and in the process he's taking the rest of us with him.

IF you were an engineer, you would realize that most of his ideas are overpriced, stupid, and gay. Selling million-dollar solutions for thousand-dollar problems.

Blogger Akulkis October 07, 2020 7:40 PM  

>> Sam Walton didn't seem like a promethian.

But heirs are.

More than anybody else, they are the ones responsible for all of the American factories which made consumer goods being shipped to China.

Blogger Fozzy Bear October 07, 2020 7:45 PM  

“I was pretty sure Warren Buffet was a wholly-owned Promethean from the moment he talked about not leaving his wealth to his kids.”
As Azure Amaranthine pointed out, Buffett has already given $2.5 billion to each of his children through their foundations, avoiding gift, estate, and income taxes. Giving his kids $1 million cash each when he dies is just a part of his plan to avoid death taxes.

Blogger Akulkis October 07, 2020 7:47 PM  

>> His company was one of the major wrecking balls taken to US manufacturing. Maybe the hat doesn't fit, but the shoe does.

That wasn't Sam. None of that happened until after Sam died. His HEIRS did that.

Anonymous Anonymous October 07, 2020 7:52 PM  

Yes they are evil but do you remember when the rich use to dress up and look the part. Now they wear sweatpants and t-shirts. Took all the mystique away. They look like us now which seems to make them more strangely untouchable.

Blogger Akulkis October 07, 2020 7:54 PM  

>> It wants STEM, programming,

Tell that to the 4 MILLION IT people put out of work by employers engaging in visa fraud.

Blogger Moonman's Ray-Ban Sunglasses October 07, 2020 8:08 PM  

The only billionaires I have ever held in high esteem...

1) Howard "No, I Don't Think I Will" Hughes (since I was about 8 or 9 years old) because he told the Senate to go fuck themselves, and basically they were liars and worthless mediocrities who never did anything or created anything of worth:

https://www.youtube.com/watch?v=GDkTkpoyfL0

and

2) The god-Emperor DJT himself, for reasons upon many, and to all on this blog.

If you think about it, they share many of the same talents, abilities, knowledge and outlook. Alpha traits.

Blogger John Rockwell October 07, 2020 8:16 PM  

This same Financial Class that makes up the Billionaires/Trillionares and above are the same people that financed the Bolshevik Revolution.

Just like Warren Buffet financing Antifa and BLM.

Blogger Ominous Cowherd October 07, 2020 8:17 PM  

Akulkis wrote:IF you were an engineer, you would realize that most of his ideas are overpriced, stupid, and gay. Solving million-dollar solutions for thousand-dollar problems.
I'm an engineer, and I concur.

Blogger tuberman October 07, 2020 8:20 PM  

@68 Map

"... I honestly think that they have insider information about the Federal Reserves Federal Open Market Committee (FOMC) meetings. The biggest players all know ahead of time what the Fed is going to do with interest rates."

Yes, that was a large part of it, or Fed Rates, and what else was going on around that area.

Blogger Ominous Cowherd October 07, 2020 8:22 PM  

Akulkis wrote:That wasn't Sam. None of that happened until after Sam died. His HEIRS did that.
If your daddy was a decent man who got filthy rich by legitimate means, and left you filthy rich, why in the world would you want to sell your soul to satan for a few dollars more?

Not totally sure that Ol' Sam was a decent man, but pretty sure his heirs are not. They definitely took tickets on the express to hell.

Blogger Bezzle October 07, 2020 8:25 PM  

@74. Akulkis October 07, 2020 7:40 PM
More than anybody else, (Walton's heirs) are the ones responsible for all of the American factories which made consumer goods being shipped to China.

They're a trailing-indicator. The destruction of US industry was baked in as a result of 1960s legislation de facto nationalizing every company with more than fifty employes by hijacking employment policy to mandate the workforce be as the government wished, rather than the owner wished. For awhile, businesses could thumb their collective nose, but as the government slowly computerized throughout the 80s, the ability to shirk communist edicts rapidly dwindled.

By 1990, it's a wonder anything ever got done at all.

Blogger God Emperor Memes October 07, 2020 8:29 PM  

"The Crimson Permanent Assurance"

Blogger "William Berke" October 07, 2020 8:53 PM  

The prometheans and atlaceans are far removed from soon being in a position of power, up next are the urieleans, oft called orwelleans by Americans.

Blogger liberranter October 07, 2020 8:58 PM  

OT... Chad Wolf is team joe

And in other earth-shattering news, the sun rose in the East this morning.

Blogger cyrus83 October 07, 2020 9:31 PM  

Warren Buffet for a very long time owned the local broadsheet daily, it was possible to tell he was bad news just from the quality and type of news his subsidiary was publishing.

Buffet managed to sell his media holdings less than 2 months before the lockdowns would have cost him a fortune in advertising losses, the deal closing on March 16 just as the lockdowns were coming on. If that kind of "fortune" doesn't tell you he knew what was coming and positioned himself to profit from it, nothing will.

Blogger Azimus October 07, 2020 9:47 PM  

@ Keith "the only millionaire I know is a turd" (paraphrasing)

Well he might be a turd but it seems true that he knows how his money is made and who made it for him.

I have the privilege to work in a part of Wisconsin where the manufacturing gentry never sold out to China or Private Equity. There are 6-7 families whose multi-generational businesses provide maybe half of the jobs in this county (120,000 people), certainly half the private sector jobs. They invest heavily in the area from extensive apprenticeship/internship programs to building science and engineering wings at the local 2-yr college to paying for the 4th of July fireworks to buying new wrestling mats anonymously for the local Christian high school. Yes, they take long vacations that would be a trip of a lifetime for me, and they wear $100 pants and $300 shoes, but they come to work every day during work hours, they stay late, they do the tough negotiations, they go out on the floor and get their hands dirty. Maybe we're unique and lucky to have these families - but I doubt it. There's people all over the US like this. I've no doubt VD's dad was like this. We just have to find them and support them. Ron Paul always said you get more of what you subsidize. Well, paying $18 for an American widget vs a $11 Chinese widget is a subsidy. But isn't that so much better than paying $11 for the widget and $9 in income tax later to pay for the people on welfare in Marion OH who used to make those widgets?

Sorry, I'm obviously in manufacturing...

Anyway, they're out there, good millionaires. You probably know more than you think you do...

Blogger Ariadne Umbrella October 07, 2020 10:03 PM  

I'd like to point out that Buffet funds abortion promoters. He pays them very well. Very, very, very well. Think mansions, ease, wealth.

Blogger The Pitchfork Rebel October 07, 2020 11:25 PM  

@17


"End all tax exempt status at federal level (note to usual idiots--churches don't have to pay taxes on donations even if they are not a tax exempt entity)"

Before you call other people idiots, you should make sure you are not one yourself.

Churches are tax exempt because that's the flip side separation of Church and State, that's why they don't file Form 1023, aren't required to file 990 series annual reports and the IRS has only limited audit power.

The only churches that file for tax exemption are ones that are brand new or those that worship crystals and are missing several parts of the test for churches and want a determination letter to insulate donors from disallowed donations.

"Certain characteristics are generally attributed to churches. These attributes of a church have been developed by the IRS and by court decisions. They include:

Distinct legal existence

Recognized creed and form of worship

Definite and distinct ecclesiastical government

Formal code of doctrine and discipline

Distinct religious history

Membership not associated with any other church or denomination

Organization of ordained ministers

Ordained ministers selected after completing prescribed courses of study

Literature of its own

Established places of worship

Regular congregations

Regular religious services

Sunday schools for the religious instruction of the young

Schools for the preparation of its members

The IRS generally uses a combination of these characteristics, together with other facts and circumstances, to determine whether an organization is considered a church for federal tax purposes."

The fix to the tax code is to realize the Sixteenth Amendment is an abomination and abolish the direct tax. Let the Feds get their money from duties, tariffs and from the states, not to violate a fundamental tenet of the country.

Blogger FallofthaEmpire October 07, 2020 11:47 PM  

Billionaires are by and large of the sold soul club, but I think it truly is possible, but rare to see one that hasn’t sold the most valuable think they own. God-emperor Trump is definitely the most prolific one, but there probably are still a couple left, though I do think that they are becoming harder to come by with the passing of time. The fact that a billionaires wealth increased as much as it did during a time of trouble is probably one of the most glaring of red flags towards their soul being sold. If you didn’t believe Musk was one of the controlled, it should be pretty apparent now.

Blogger Beloved October 08, 2020 12:18 AM  

Tell them to learn to code useful languages. I found 7,000 programming jobs in less than a minute. Find what employers want and provide it.

https://www.ziprecruiter.com/Jobs/Remote-Cobol-Programmer

Blogger Writer of Britain October 08, 2020 1:12 AM  

Sorry if I am not referencing specifics but this reminds of what Big bear said, and to paraphrase him: "The elites and celebs have names similar to what they are - Ellen DeGeneres. Ellen DeGenerate..." Very wise stuff that I have noticed too but it may be that I would not have noticed if I didn't hear the point from Sir Big Bear.

So. Look...Warren Buffett. Buffett...Buffet.

A buffet of delights. Mr Warren B can indulge all his passions; perhaps do what he wilt. I don't know. Be responsible and all that. Just saying.

Blogger scimitar October 08, 2020 1:19 AM  

This is why I have done a 180 on taxes ... We should tax the super wealthy . We need the money and for payback for being sociopathic @ssholes...

Blogger Teleport me off this rock October 08, 2020 2:53 AM  

Also makes sense how Buffet got “lucky” all these years

His father was a 4-term US Congressman: he's been a plugged-in Promethan since birth. Not sure why so many people seem to miss (or avoid) this simple fact, but all the "Oracle of Omaha" malarkey is rather transparent propaganda to try to obscure the fact that Warren's always been the insider's insider.

Blogger Greg from the Piedmont October 08, 2020 6:40 AM  

"If your daddy was a decent man who got filthy rich by legitimate means, and left you filthy rich, why in the world would you want to sell your soul to satan for a few dollars more?

"Not totally sure that Ol' Sam was a decent man, but pretty sure his heirs are not. They definitely took tickets on the express to hell."

Sam Walton was a decent man. I worked at Walmart in Mississippi when it was much smaller at the start of the 1980s to pay for college, and he used to come and inspect the store himself. Every so often he would make surprise visits to all of his stores in Mississippi, and it made life exciting for the store managers because he was so engaged with the quality of his stores. I always got the impression that he was more of a command sergeant major than a general.

I never met any of his kids, but they appear to have fallen far from the tree.

Blogger John Regan October 08, 2020 8:25 AM  

@96: Indications are that Howard was a good guy and that Warren took the ticket. Prometheans hate the gold standard.

Blogger Ominous Cowherd October 08, 2020 8:32 AM  

Greg from the Piedmont wrote:Sam Walton was a decent man.
That matches every story I've heard about him. It's sad that he failed so badly in training up his heirs.
Greg from the Piedmont wrote:I never met any of his kids, but they appear to have fallen far from the tree.
No doubt. They had more wealth than any of us will ever have, more wealth than they could ever use, and sold their souls for a little more.

Blogger phil g October 08, 2020 8:36 AM  

Ding ding ding

Blogger Damelon Brinn October 08, 2020 9:10 AM  

Sam Walton also lived in a different time. The question is: if he were alive today, would he be any different from the others, outsourcing everything he possibly could and squeezing every cent out of his welfare-subsidized employees?

For another example, Jack Tramiel was the owner of Commodore when they made the Commodore 64 the best-selling personal computer of all time. Reading about his business practices now, he almost sounds like a nationalist. For instance, he insisted that the computers be assembled and marketed by branches in the nations where they would be sold, because they had the most insight into their customers. So Commodores were finished and marketed by teams in Germany, Britain, and others who operated largely on their own.

But he was also extremely Jewish (Holocaust Survivor), totally focused on the bottom line. His motto was "business is war," but as was pointed out in a documentary on him, business was also family and religion. If you were part of Commodore, you were family; but if you failed the family, you were out. Beating the competition was his path to salvation. So if he were alive today, would he still be following the same methods, or would he have moved all those operations to China or India to cut costs to beat the competition's price? I wish I could say the former, but the latter is more likely.

Walton and Tramiel came from a different generation and lived in a different time, when the expectations and limits on what a businessman could and should do were very different.

Blogger Jack Amok October 08, 2020 11:43 AM  

Sam Walton's business model was selling poor people cheap products without any real concern for quality or the sustainability of his suppliers. He was immensely proud of squeezing "value" out of his suppliers, casting it as being an agent for his low-income customers. Except, by doing that, he was destroying the suppliers, using his market share to transfer their profit margins to himself, forcing them to cut costs which mean cutting wages to their middle class work force. He did this for decades before his kids took over. Contrary to the "too bad he didn't teach them better" theme, he is exactly the person who taught them the lessons that had them forcing manufacturers to move to China to cut costs even more.

Wal-Mart was perfectly positions to exploit - and accelerate - the decline in Middle Class American purchasing power that started in the early seventies. Sam Walton used the market power he had selling goods to poor people to create more poor people by destroying their opportunities for better jobs.

Retail is inherently a low-skill, parasitical industry. Your first clue he wasn't such a great guy is that he made a fortune in that industry. The second clue is he made it catering to the lowest income part of it. In almost every industry, companies that focus on low-income customers are the most exploitative and morally dubious members of their industry.

It's no coincidence that Sam Walton became the richest man in the world 12 years after real wages in America began to decline.

Blogger Taignobias October 08, 2020 11:57 AM  

He strikes me as a very intelligent conman - smart enough to sound like a genius to the midwits, clever enough to mostly pursue government-subsidized contracts and fields for long durations.

Between influxes of capital from grants and unsavvy investors, excellent marketing, and some damn fine engineers, he's been able to keep the ruse going far longer than I would have thought possible.

Wouldn't be surprised to learn he was in bed with Mammon, but he's likeable enough and pretty far removed from my life.

Blogger SirHamster October 08, 2020 1:23 PM  

Writer of Britain wrote:So. Look...Warren Buffett. Buffett...Buffet.

A buffet of delights. Mr Warren B can indulge all his passions; perhaps do what he wilt. I don't know. Be responsible and all that. Just saying.

Also, Warren -> "watchman; park warden"


George Soros

George -> Farmer
Soros -> Sorrows

It is an interesting puzzle.

Blogger The Pitchfork Rebel October 08, 2020 6:06 PM  

@95

Then you really don't know how this game is played. There's no shortage of politicians eager to raise taxes, or uber rich like Buffett, Gates sand others virtue signaling their indignity at being undertaxed.

Do you really think that Warren Buffett wants to pay more to the government and just doesn't realize that he could do so at any time?

The way the game is played is that politicians call for higher NOMINAL rates that make the damn fools say "yeah, I'm for that, the rich will finally pay their fair share".

Of course, if Joe Biden gets in, he'll "raise taxes" on the "wealthy" to make "investments". But the higher the nominal rates, the more valuable are the innumerable deductions, credits, preferences, exclusions and deferrals that are enacted to reduce the EFFECTIVE taxes and the tax code grows ever longer and more incomprehensible.

Politicians have been selling making the rich pay their own share since a couple years after the Sixteenth Amendment passed.

As for Buffett, he sang this song, and Obama then nixed the pipeline so that Buffett's BNSF could pull mile long unit trains of tank cars.

Blogger T.L. Ciottoli October 08, 2020 6:12 PM  

Azure Amaranthine wrote:Reading between the lines, the man is a pirate in everything but ship and legality.


When you read between the lines of all these supposed geniuses and success stories, you find the same with almost all of them. The only "genius" the majority of them manifest is to secure their investments and insure their profits with government and corporate support. Thereby reducing their risk to zero.

Nothing special there. Just some hustle, connections, and no scruples. No belief in a free market or fair competition from these capitalists.

Blogger MidnightSun October 08, 2020 7:22 PM  

Now that we know Buffett was/is Bill Gates mentor, I suspect he was groomed at a very young age and this the reason for his stance on trying to eliminate human populations. I believe that the eugenicists among us had something horrible happen to them when they were in their formative years hence the need to destroy everything they come in contact with.

Blogger map October 08, 2020 7:56 PM  

People who take Buffett seriously and who study his investment style and his philosophy notice something odd.

Buffett is said to be a master of the capital efficient business. These are businesses that don't require a lot of money to generate earnings. He is also a "value" investor, trying to find businesses that trade at a discount to their value.

Yet, Buffet missed the opportunity to invest heavily in Apple after the crash of 2008. In fact, he missed investing in all kinds of blue-chip companies that were trading at a discount.

He also heavily invested in the railroad company CSX and in airlines, very capital inefficient businesses.

The question is, why?

When you see Buffett as Cabal, the pieces start to fit together.

Blogger RMH in StL October 09, 2020 7:14 PM  

"I know that the most modern manufacture has been really occupied in trying to produce an abnormally large needle. I know that the most recent biologists have been chiefly anxious to discover a very small camel. But if we diminish the camel to his smallest, or open the eye of the needle to its largest — if, in short, we assume the words of Christ to have meant the very least that they could mean, His words must at the very least mean this — that rich men are not very likely to be morally trustworthy. Christianity even when watered down is hot enough to boil all modern society to rags. The mere minimum of the Church would be a deadly ultimatum to the world. For the whole modern world is absolutely based on the assumption, not that the rich are necessary (which is tenable), but that the rich are trustworthy, which (for a Christian) is not tenable. You will hear everlastingly, in all discussions about newspapers, companies, aristocracies, or party politics, this argument that the rich man cannot be bribed. The fact is, of course, that the rich man is bribed; he has been bribed already. That is why he is a rich man. The whole case for Christianity is that a man who is dependent upon the luxuries of this life is a corrupt man, spiritually corrupt, politically corrupt, financially corrupt. There is one thing that Christ and all the Christian saints have said with a sort of savage monotony. They have said simply that to be rich is to be in peculiar danger of moral wreck. It is not demonstrably un-Christian to kill the rich as violators of definable justice. It is not demonstrably un-Christian to crown the rich as convenient rulers of society. It is not certainly un-Christian to rebel against the rich or to submit to the rich. But it is quite certainly un-Christian to trust the rich, to regard the rich as more morally safe than the poor.”
Orthodoxy, By G.K. Chesterton

Blogger "William Berke" October 09, 2020 8:05 PM  

"People who take Buffett seriously and who study his investment style and his philosophy notice something odd."

The most common thing I hear from his fanatics who do not understand options trading usually is something like, "He never sells anything, thats why he is so successful."

This logic makes his support of social activism more clear to the average American. If you already are one of the main benefactors of UBI systems, own royalty providing products in the prison industry, and made all that happen allegedly with your own will, why would you sell the right to write their destiny to anyone but that same group?

Giving his endowment to people that will use it to poorly support their own incarceration is more poetic than people realize.

I wonder how these benefactors will corrupt his endowment, and what they will sell off when he is gone?

If he is suddenly removed as their source of employment before gaining full access to his financial power, will they change their strategy for dismantling American civilization, or double down with no clear pay-out?

Perhaps it is more instinctual? as they recognize his investment style and they are actively emulating and learning from him.

"Shuttling Black Lives Matter over to the Tides Network does more than shield Thousand Currents from intense inquiry. It allows BLM to join a massive repository of projects that can be administered behind extra layers of protection in the form of donor-advised funds, which allow donors to anonymously fund projects while still reaping tax benefits, and multiple organizational shells which include the Tides Network, Tides Center, Tides Foundation, and a slew of other incorporated nonprofit shell organizations which are housed within a single institutional silo. There, they are overseen by a small band of executives who operate with virtually no outside scrutiny—and can coordinate and leverage the political, social, and financial opportunities that these projects create for whatever forms of gain their donors decide to prioritize."*

It is true that any investor with a tax burden can buy social activists to distribute this wealth. What I find amusing or concerning is that so many like Buffet and Soros choose the same activists to initiate this lending practice with, and no diversity of American citizens or stabilizing causes are ever included. As a third party observer, I can not help but think there is coercion involved with one or both of the parties involved.

In any case, it still costs more tax payer dollars to house a terrorist in a prison than it does to pay them to do nothing.

*https://www.tabletmag.com/sections/news/articles/warren-buffett-black-lives-matter

Blogger Writer of Britain October 09, 2020 11:04 PM  

The name thing sort of blew my mind when Big Bear mentioned it in a stream. I don't know if I would have caught on to it, myself.

It is an interesting puzzle.

We see through a glass darkly - to quote Corinthians.

Blogger Writer of Britain October 09, 2020 11:05 PM  

The name thing sort of blew my mind when Big Bear mentioned it in a stream. I don't know if I would have caught on to it, myself.

It is an interesting puzzle.

We see through a glass darkly - to quote Corinthians.

Blogger Johnny October 09, 2020 11:07 PM  

@22
>It's time for National Caputalism. Basically no more usury and "yes you can make profit but not at the expense of your country".
>It's never been tried.

That's National Socialism. You guys love to keep reinventing the wheel just to avoid being called Nazis by The Left (They'll still do it anyways, except now you've pissed off the NatSocs).

Blogger Storm Rhode October 09, 2020 11:14 PM  

Corporate social responsibility used to be paying a decent wage with decent benefits. These days its throwing chump change at social justice causes while squeezing every cent of profit it can from it's employees.

Blogger NoobishTitan October 11, 2020 12:42 AM  

Mask named his kid an algorithm as a joke, and married a cyborg

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