One Warren Buffett and the rest poor.
Just a reminder: Buffett Rule that Obama wont stop talking about is aimed mainly at around 400 taxpayers
One Warren Buffett and the rest poor.
No, not that. It’s Obama and the Party Nomenklatura on one side, and the serfs on the other. Warren Buffett is no more than a tool in the eyes of Obama, and would get liquidated when he is no longer useful. I have been re-reading the Communist Manifesto. Marx viewed the capitalists as a necessary tool before a commmunist society could be established (yes, he wrote that!), I suspect because deep down he knew that such a society could not build anything that capitalism could. Communism can not even break even. It’s economic decline is inevitable, so it needs to find some sucker capitalist to get things going, and then just sponge off the flywheel. Thus the Soviet Union. And also Communist China, which tolerates capitalism which it needs to get the flywheel spun up again.
Obama is a Communist. Four more years (if only four more years) will be destructive to this economy, since his true colors will be shown in maximum overdrive.