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  • Buffett's Betrayal [View article]
    We have Babylon - we cannot accurately describe, nor is it possible anymore, to describe what kind of system we have. Capitalist or Socialist or Fascism - we have them all. We have so many elements of the Fascist state that we are completely blind to it. Our indocrinators have been so effective at painting Fascists as Anti-semite war mongers that we safely distance ourselves from such a label. But we have a very powerful Fascist Police state - the most effective in History, and I would estimate, not the last most powerful one.

    The Fascists were an effective amalgam of state and corporate power - kind of like rome on steroids. When the modern incarnation waded through europe in the last few centuries, it made any other systems that didn't adopt basic fascist elements quite ineffective. You cannot compete against them with a quaint (largely) agrarian economy which was America post 20th century. Il stato found America a ready and pliant state during WWII to fight-off the ultra-fascist Axis powers. Either way, we had to adopt many of the same governmental operating systems in order to compete and win against them.

    In the old republic, it was often that censors found much that needed to be edited from the public dialogue. Their method of censor was brutish by modern standards. Our modern system affords us so much (the internet comes to mind) but yet we are straddled by the lameness of our language and education system which does nothing to prepare you for the onslaught of the modern polity. In fact, it does everything to make you a compliant consumer and true believer.

    Today we have a polarized polity that largely only sees Red or Blue - any other colors are considered a distraction.
    Aug 06 14:18 pm |Rating: +6 -1 |Link to Comment
  • Buffett's Betrayal [View article]
    It's a good letter - a worthy note that should be tucked in with all the other swindlers of history. It's probably too rude to call him a swindler since he's such a kind fellow. Ponzi's followers loved him. Well, come to think about it, Hitler's followers were quite enthralled too.

    Sociopaths like Buffet cannot fathom that they are sociopaths - they think their just the lucky ones. The ones whom divine providence happens to bestow treasure and luxury - it helps to have the government in the pocket as well. We couldn't have the Hampton or Omaha swells out of their houses. We had to bail them out. This is the way of things - it is their wonderful karma which protects them.

    I agree with most sentiments here about what vile things should be done to the Buffetts of the world but we really don't have the stomach for such things anymore. Guillotines are so 17th century. I am not sure it would do any good in the long-run.
    Aug 06 01:57 am |Rating: +4 -6 |Link to Comment
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