Tag Archives: warren buffet

  Won't Somebody Think of the Billionaires?

Forbes’ Randroid Columnist Tells 99% To Stop Whining And Help The Rich Already

Tuesday of this week marked the second anniversary of that little thing in New York where all those dirty kids squatted on Wall Street to whine and complain about being poor because they are part of, like, 99% of the country, and unlike the 1% who own 40% of all the money. They seemed to think this was wrong or something and someone should be giving back. But fear not, useless rest of you, Forbes contributor Harry Binswanger has some important knowledge to drop on all your poor masses. You were right! Someone should be giving back! And it is you! It is “the community” that should give back to the wealth-creators. It turns out that the 99% get far more benefit from the 1% than vice-versa. Ayn Rand developed the idea of “the pyramid of ability,” which John Galt sets forth in Atlas Shrugged. Read more on Forbes’ Randroid Columnist Tells 99% To Stop Whining And Help The Rich Already…
  quiet rooms

Wonkette’s Guide to Gawker’s Scooper-Duper Bain Capital Documents, Pt. 1

It was so kind of person or persons unknown to give 950 pages of Bain Capital records to Gawker, exposing (among other things) Mitt Romney’s financial portfolio, and tax avoidance strategies employed by Bain. BUT WHAT DOES IT ALL MEAN? It could mean a lot! Or nothing! There is so much information, and it is so complicated, so you are probably confused and maybe even angry, but do not panic, your Wonkette is here to help! Read more on Wonkette’s Guide to Gawker’s Scooper-Duper Bain Capital Documents, Pt. 1…
  rich assholes

Angry Millionaire Wants to Kill Dept. of Education and Raise Executive Pay

Ultra-rich old troll Harvey Golub threw his diamond-encrusted Depends around in a fit on the Wall Street Journal opinion pages after he read Warren Buffett’s recent NYTimes op-ed asking the government to raise taxes on the super wealthy, which sounds like “napalm on ur testicles” to an arch-conservative like Golub. Why pay more taxes when you can eliminate giant swaths of the government completely? “Do we really need an energy department or an education department at all?” writes Golub. No! We do not need heating or spelling! What else should we eliminate? So many things! Here’s another: Golub in 2010 lobbied to do away with executive salary caps at taxpayer-owned trash heaps like AIG, where Golub was chairman after the bailout. Now there’s a decent use of public money! What else? Read more on Angry Millionaire Wants to Kill Dept. of Education and Raise Executive Pay…