Warren Buffet: “there’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”


  • Market Watch / Paul FarrellNew Civil War erupts, led by super rich…: All this was predicted back in September 2008 by Naomi Klein, author of “Shock Doctrine: The Rise of Disaster Capitalism.” … Klein warned: “Free market ideology has always been a servant to the interests of capital, and its presence ebbs and flows depending on its usefulness to those interests. During boom times, it’s profitable to preach laissez faire, because an absentee government allows speculative bubbles to inflate.”
    But “when those bubbles burst, the ideology becomes a hindrance, and it goes dormant while big government rides to the rescue.”
  • Also in Warren Buffet news: CNBCEuro’s Collapse Is Not ‘Unthinkable’ – Warren Buffett
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This entry was posted in Bankers' Bailout, Budget, ECB/IMF, Economy, History, Ideology and tagged , , , , . Bookmark the permalink.

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