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View Full Version : W. Buffet: There’s class warfare, but my class, the rich class is making it & winning



Wei Wu Wei
10-20-2010, 04:50 PM
Warren Buffet: “There’s class warfare, all right. But it’s my class, the rich class, that’s making war, and we’re winning.”



This is what class war looks like--for now

http://imgur.com/ctCZL.jpg


Capitalist bankers seized 288,345 homes this summer as a staggering number of workers can’t find jobs or can’t pay their medical bills, utility bills, buy food and make their mortgage payments at the same time.

Two years after being given trillions in taxpayer-funded bailouts when they couldn’t pay their debts, the banker/thieves seized more than 816,000 homes in the first nine months of 2010.

As investigations in all 50 states now show, the banker/thieves seized the homes of struggling families—and had these foreclosures enforced by marshals, sheriff departments or other state entities—even though they frequently didn’t have the documents that proved that they are the actual owners of the mortgages. In many cases, they simply had their lawyer/thieves forge signatures or avoid signatures indicating ownership.

There is a class war being waged by all sectors of the capitalist billionaires against working families. Our children are taught to put their hands on their heart and proclaim that “we are one nation.” But the capitalist bankers and their counterparts in industry are engaged in an economic civil war against working families.

They pledge allegiance only to profit.

Capitalist owners of industry such as GM are putting a gun to the head of the workers and, like all hostage takers, are giving their victims two bad choices: voluntarily cut your wages by 40 percent or 50 percent or we will move your factory to Korea or Mexico.

If these workers lose the factory, if they lose employment, they will also have their homes seized by the bankers when they can’t meet their mortgage payments.

In a capitalist society, the banks belong to the bankers and industry belongs to the industrialists. Bankers and industrialists do no productive work. They own. It is “their” property and they can do with it as they please.

The big capitalists and their attack dogs like the Tea Party vilify even the mildest economic reform with their most extreme expletive: It is “socialism.” The corporate media are so anti-communist that they caricature even the most pro-business Democrats as promoting “class warfare” if they seek to modify some aspects of the health insurance industry endless rip-off schemes.

Anti-communist and anti-socialist propaganda has one aim: to maintain the status quo where the filthy rich hoard society’s bounty while tens of millions of working family are driven into poverty, where they will accept even the lowest wage from the capitalist employers to avoid starving.

Warren Buffet, the celebrated and worshipped billionaire sage put it succinctly: “There’s class warfare, all right. But it’s my class, the rich class, that’s making war, and we’re winning.”

Buffet is right. For now. This class war will inevtably lead to a new stage. And then all bets will be off.
http://www.pslweb.org/site/News2?page=NewsArticle&id=14615&news_iv_ctrl=1261

So American workers bail out banks with tax money and now these banks are foreclosing on American homes?

How about we force every bank that accepted bailout money to put a freeze on foreclosures until we work some shit out?

Or is that too elitist?

Wei Wu Wei
10-20-2010, 04:52 PM
God damn elites, with their hourly wages and past-due mortgages, they're always putting the screws to us. Filthy ruling class of workers sweating 40+ hours a week for a paycheck and they want to stay in their homes? Too fucking bad. The banks own that and the banks deserve it, it's not like they cheat or steal like all you lowly proles.

Lager
10-20-2010, 05:01 PM
remember, some banks were forced to accept bailout money. Wonder if Buffett has sold his Goldman stock yet?

hampshirebrit
10-20-2010, 05:05 PM
God damn elites

I'm not going to lock your thread, I'm not going to move your thread, but can you honestly tell me what you hope to achieve by posting a dumb-assed retarded marxist thread like that, on an American conservative message board like this? You must know by now what the majority of answers will look like.

Do you enjoy taking abuse from people? I'm thinking you must ... you are crap at inflicting it.

Can you start some threads that are not political, at least now and then?

We really like when people can do that. It shows that they are not just one-trick ponies.

Wei Wu Wei
10-20-2010, 05:16 PM
I'm not going to lock your thread, I'm not going to move your thread, but can you honestly tell me what you hope to achieve by posting a dumb-assed retarded marxist thread like that, on an American conservative message board like this? You must know by now what the majority of answers will look like.

Do you enjoy taking abuse from people? I'm thinking you must ... you are crap at inflicting it.

Can you start some threads that are not political, at least now and then?

We really like when people can do that. It shows that they are not just one-trick ponies.

Well I'm glad you're not trying to hide or mess with it. I sometimes do start lounge threads you know, for example I'm going to a sold-out concert tomorrow night I might post about that ;)

BadCat
10-20-2010, 05:22 PM
Well I'm glad you're not trying to hide or mess with it. I sometimes do start lounge threads you know, for example I'm going to a sold-out concert tomorrow night I might post about that ;)

George Michael and Boy George are playing in your town? Bet you already have backstage passes.

As for the foreclosures, how about people make their freakin' mortgage payments to avoid such things?

Wei Wu Wei
10-20-2010, 06:06 PM
As for the foreclosures, how about people make their freakin' mortgage payments to avoid such things?

The problem is that there have been many mistakes. Many people have been kicked out of their houses based on fraudulent paperwork. THere's even been cases of thugs working for the bank actually sawing the locks off of doors and breaking in while families were inside, only to later find out it was the wrong house. They should be lucky these homeowners didn't have guns.

Even this nobel-prize winning economist agrees that a freeze on foreclosures is needed to keep our economy from bleeding. If people lose their houses they aren't exactly going to be out looking for new TV's and purses to buy.

http://www.youtube.com/watch?v=SYzJfeBRYRc
http://www.youtube.com/watch?v=2uaCNrKI2Zw


Joe Stiglitz, the deficit, the battle cry of the Tea Party movement, of the Republicans, as well. Robert Rubin has weighed in, says any new stimulus plan is highly likely to be counterproductive. What do you think has to happen? Does the deficit matter? And how do you think it should be dealt with?

JOSEPH STIGLITZ: My view is we cannot afford not to stimulate the economy. So, you know, anybody that says we should go back to austerity or we should not have a second-round stimulus just doesn’t understand economics. And let me be very clear about this. If we don’t stimulate the economy, the economy is going to get weaker. When the economy gets weaker, tax revenues go down and expenditures go up. Already, more than 40 million Americans are on food stamps. Number of people on Medicaid is reaching record levels. So, revenues go down, expenditures go up, deficits get worse. If you stimulate the economy, then people get jobs, they spend money, tax revenues go up. Now, if we spend the money on investments—investments in education, technology, infrastructure—you grow the economy in the short run from the stimulus, you grow the economy in the long term because of the returns that you get on these investments.

I mean, just think about this from the point of view of a firm. If you are a firm and you could borrow at zero to two-and-a-half percent, which is what the government can borrow, and you have investment opportunities that you owe ten, 15, 20 percent, you would be irresponsible, you would be foolish, not to undertake those investments. So, anybody that says, "I’m going to only look at one side of the balance sheet, the liabilities; I’m not going to look at the other side, the assets," is really not understanding economics. It’s that kind of reasoning that got our country in the trouble in the first place, the people who didn’t—you know, shortsighted behavior of the banks that got our country in trouble in the first place. And to me, I just view those kinds of statements as totally irresponsible.

^to all this "END THE DEFICIT crap we hear from Fox News educated republicans"

http://www.youtube.com/watch?v=YDnOWNxZJW4

He explains how corporations are able to use the laws to write down their own debts and restructure their operations, while American workers are not able to do this. Why do banks get bailouts but the taxpayers who paid for these bailouts cannot get a temporary moratorium on their homes?

Why can't American workers behave the same way corporations do? Why should corporations have more rights than actual human Americans?

These foreclosures are bad for everyone, even if you can pay your bills, if your neighbors are getting foreclosed on, your property value takes a hit.

The banks are fraudulent, but they get trillions thrown at them. Workers have a hard time affording their livelihood which is controlled by the banks, but fuck em?

Ridiculous.

hampshirebrit
10-20-2010, 06:27 PM
blah blah

You really are fucking clueless.

In the unlikely event that you become as rich as they are, you will incorporate and by doing so, become as big, if not likely an even bigger **** than they are.

Harsh judgement, harsh word, I know. But I guarantee that it's true.

Now I get to see if we auto censor that word.

On edit .... looks like we do.

Probably for the best we do, thinking about it. Not good language, at. all.

Rockntractor
10-20-2010, 06:44 PM
Wei are Borg, Wei will assimilate you.
Yes Wei Wei, we know.

lacarnut
10-20-2010, 07:17 PM
Warren Buffet: “There’s class warfare, all right. But it’s my class, the rich class, that’s making war, and we’re winning.”


[url]http://www.

That's how it is supposed to work. The rich get richer and the lazy and stupid get poorer. BTW, if you can not pay for something, don't buy it. Sure sucks to be a dummy like you.

Zathras
10-21-2010, 12:35 AM
Well, another thread full of green eyed jealousy posted by the waste of skin Wee Wee.

FlaGator
10-21-2010, 11:37 AM
The problem with warfare among the rich and the poor is that the poor are susceptible to bribes.