The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label warren buffett. Show all posts
Showing posts with label warren buffett. Show all posts

Saturday, May 2, 2015

Remember when Soros and Buffett wanted the rich to be taxed more? Fooled you!

Remember a few years back when billionaire Warren Buffett attempted to sound humanitarian and declare that he and others who live in the 1% penthouse should pay more in taxes?  Or when George Soros in an interview back in 2012 stated that Republicans were protecting the rich under the ‘Buffett Rule’ and he would be more than happy to pay his fair share of annual revenues?  Well, it appears that both have lied and fooled the brain dead sheeple as on April 30, Soros was discovered to have used a loophole in the tax rules to that helped him defer taxable income to the tune of $13.3 billion, in which he owes nearly 40% of that to the Federal government by 2017.


Read more on this article here...

Monday, November 24, 2014

Obama’s newest candidate for the Treasury Dept. aided Wall Street in tax evasions

Most people remember the ‘Turbo Tax Timmie’ debacle during President Barack Obama’s first appointment to the U.S. Treasury Department.  It entailed former NY Fed President Timothy Geithner being caught during his nomination interviews of failing to pay his taxes properly, and then blaming it on his using Turbo Tax.

Well, the Divider in Chief and President who blames the rich through one side of his mouth while keeping them from indictment out the other side is at it once again as his newest nominee for the position of Assistant Secretary of the Treasury is a man who not only aided the rich in evading taxes, but was caught up in one of Obama’s many scandals when he helped men like Warren Buffett avoid corporate tax obligations during this year’s Burger King corporate merger.

It appears Lazard’s investment banker Antonio Weiss‘ “help” in tax inversions is not ‘unpatriotic’ enough to scare President Obama off - as we suspect Weiss’ bundling and donating help more than offset any ethical challenges. However, in a somewhat eye-opening financial disclosure, Bloomberg reports that Obama’s nominee for undersecretary of Treasury for domestic finance, has between $54 million and $203 million in assets spread across various family trusts and his anticipated compensation in 2014 is between $5 million and $25 million.


Read more on this article here...

Tuesday, September 2, 2014

What is inversion, and why are U.S. companies using it to move offshore?

In last weeks business news we saw the major story of U.S. fast food company Burger King finalizing a merger with Canadian powerhouse Tim Hortons in which Burger King will use this deal to shuttle its company headquarters out of the U.S., and into Canada for all intents and purposes.  The objective here of course is to get out from under the draconian corporate tax structure the U.S. currently operates, with the name for this type of merger being called an inversion.

An inversion is where a company in one country merges with a company in another, and the primary company then transfers its corporate offices and address to the new country.  It is primarily used for tax purposes and has been the catalyst for dozens of former American corporations moving their HQ’s out of the U.S. over the past twenty years.



Read more on this article here...

Monday, January 27, 2014

Warren Buffett supports bank CEO that lost headquarters and had $25 billion in fines

Billionaire Warren Buffett has created a persona over his career where the public sees him as a kind old man with a genius for investing.   But in recent times, the ‘Oracle of Omaha’ has been involved in some highly questionable choices and partnerships, none more questionable when on Jan. 24, Buffett gave his absolute support to the CEO of J.P. Morgan Chase, Jamie Dimon, who has been under serious fire for continuous acts of fraud and manipulation.

 
 
Read more on this article here...

Monday, October 15, 2012

Government bailouts and Fed QE is solely about creating more wealth for the rich

Those animated bears are back, and this time they are breaking down how the government bailouts, along with Federal Reserve QE policies, are solely about making more money for the rich.  It is greed, theft, and a destruction of the American monetary system at its finest, while Uncle Sam simply keeps the bread and circuses of welfare and entertainment flowing to dull people from ever seeing the destruction.





This animation shows pure and simple that the credit crisis, trillion dollar bailouts, Federal Reserve actions are built to enhance the rich and major corporations, keep people spending money they don't have, and drain the last vestiges of true wealth from the economy and American capitol.

Tax the rich?  Like the meager fines placed on big banks for theri billion dollar fraud schemes, people like Warren Buffet are happy to pay a few million in a PR move to hide the fact he earned billions of of your taxes.

Tuesday, May 8, 2012

Buffett hypocrisy: Investors shouldn't hold cash while his own company has record levels

Ahh, the Warren Buffett syndrome... whis is, do as I say, not as I do.  In the latest round of Berkshire Week, where investors get a chance to listen to the Oracle of Omaha during the annual shareholders meeting, the hypocrisy of the market appointed 'greatest investor' is on center stage.

In a response to questions on what people should be holding, or where they should invest, the Bershire Chairman said that holding cash for investors is risky over time, which intimates that you should only hold it during times of crisis, but be prepared to use it to buy tanglible things.  However, what Buffett failed to mention is, his own company, Berkshire Hathaway, is in fact holding cash, and at record levels.

As can be seen in the attached clip Warren Buffett, as part of his anti money tirade, both real (gold) and fiat, the Chairman of Berkshire is certainly not a fan of holding cash in any form. To wit: "cash is as risky an asset you can own over time." In other words, the opportunity cost of not owning something else with that cash is indicative of even more risk in the equities arena. So one wonders: is the fact that Buffett's firm now has a record amount of cash on its books more an example of senility or hypocrisy.... Or is all hell about to break loose as per Buffett's own words? We can't decide. - Zerohedge




Buffett's comments also come within days of his right hand man saying in an interview that gold is something for the Jews in Hitler's Germany, but not an investment for civilized people.

The entirety of the Berkshire model appears to now be tied intrinsically to government largesse, and the need for investors to keep throwing good money after bad in the manipulated stock markets.  Berkshire is about owning good productive companies, however, if people are no longer buying what they have to offer, then the Oracle of Omaha is the one left holding the bag.

And perhaps this is why Buffett is holding cash, while at the same time, expecting you the investor to spend yours on him and his products.

Monday, February 13, 2012

Gold: Do we believe Warren Buffett or the Chinese regarding the precious metal

Last week, Obama mouthpiece and billionaire investor Warren Buffett said that gold 'has no value'.  This of course is contrary to most other foreign governments, especially China, who are proving that gold very much has a place in the monetary world as the dollar continues to devalue and more nations seek to perform transactions using the precious metal.

Traders in Hong Kong say that the Chinese continue to buy gold on any weakness. Bullion buying from China and the rest of Asia (more below) may have led to the spike higher at the open in Asia.

"The Chinese guys are still buying. Whenever there is a dip in prices, they will buy. There's no change in their attitude," said a physical dealer in Hong Kong, who trades gold bars. "They are still buying today, because I think the downside is limited for the time being. Sentiment has improved a little bit.’’

Market focus tends to be almost solely on Chinese and Indian demand but demand is broad based throughout increasingly important Asian gold markets. Demand for gold remains robust in most Asian countries where consumers are buying gold as a store of wealth due to concerns about their local paper currency.  - Goldcore via Zerohedge


US investors like Buffett have their assets tied to the dollar and the need to keep the fiat currency the sole choice in global transactions.  For the benefit of his holdings and for his investors, he must continue to preach the strength of the dollar, and discount gold as worthless even as the world moves away from the printed paper.

However, in a world where every government runs on fiat currencies backed by nothing but 'confidence', gold has been, and will always be the TRUE barometer of wealth, mostly in the long term, and occasionally as an investment in the short term.

Monday, September 26, 2011

Tax rich liberals... in fact, they WANT you too!

Michael Savage poignantly said that liberalism is a mental disorder, and judging by the statemens of two rich liberal supporters of President Obama, by gods he is right!

"Would you please raise my taxes?"

Oh, liberals gushed when a rich audience member asked Obama that question today. It seems relevant to point out that this rich liberal is Doug Edwards from the Obama-friendly and regulation-friendly Google.
Edwards has given $300,000 to politicians since 2000 -- every single dime to Democrats. He specifically said he wanted his higher taxes to cover Pell Grants.

That's about 60 Pell Grants he could have provided. - Timothy Carney, Washington Examiner


I dont know about you ladies and gentlemen, but I say BULLY!  Lets tax rich liberals!  Not only do people like Warren Buffet and Doug Edwards advocate it, they are volunteering!