Posted on 02/26/2015 12:18:13 PM PST by Citizen Zed
Aren’t these all leftist billionaires? What do they know about the next coming executive orders?
This so-called news article is a poorly disguised advertisement for Robert Wiedemer, who has a long history of selling doom and gloom through NewMax. There are also a number of reports on the internet criticizing NewMax for pushing Weidemer’s crap for “free,” plus $6.00 for shipping and handling. I can smell this scam from a thousand miles away.
JNJ has made inroads of late in high tech optical and surgery products. They have stuff up their sleeves.
Our stock holdings are up 14 percent for the year.
Here's a link to all that Berkshire Hathaway owns...
http://www.berkshirehathaway.com/subs/sublinks.html
Wrong. That money has been used by the gubmint to keep the EBT cards live, pay our troops, hand over to the states to pay teachers and buy textbooks, and all of the other stuff that the government lays out nearly $4 Trillion a year to pay for.
There has been no “pay down” of the debt — it continues to grow. How long that goes, only the Bond holders know. When they decide that something paying them more than 2% is desirable and at equivalent risk than an instrument backed by the “full faith and credit” of the gubmint, well all bets are off then.
Of course, if it is the fed buying everything that may never happen. I wonder if the 6 or 7 Trillion of bonds held outside the fed would crater the $ if it was sold within a few days or weeks.
The money has already hit the market, in the form of EBT cards, federal government salaries, payments to doctors from medicare and all the other assorted goodies Uncle Sugar passes out. Once Dr. Jones gets paid, he makes investments and the only thing yielding anything above diddly nowadays is stocks. The run up since March of 2009 is the most obvious sign of inflation that there is.
I think these guys would have made a lot more money if they hadn't sold these stocks back in 2012. LOL!
“. Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase according to a recent filing. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee. “
Uh, this was in 2012 ....
Is this article a reprint?
Later
NewsMax is known for that...
Referencing Paulson is hilarious. Dude’s hedge fund lost 25% last year. That was almost impossible.
I watched that goofy show long ago when they brought out some incredibly handsome italian dude who sang like Caruso and when it was time to vote, Jaye P. Morgan said, “I’d like to suck his...neck.” Can’t remember the host’s name now but he called her “Juicy” Jaye P. Morgan.
Oh Goody
More NewsMax clickbait
What Weird Trick are they selling?
Newsmax has a habit of putting up a news story that is really a pitch for somebody’s something.
I think Warren is buying up railroads.
someone needs to keep watch and notify the rest of us when the super wealthy class starts fleeing the US and then bend over and................
Both are true. The government borrows the money to do that stuff by having the Treasury department sell bonds. Every month the Fed then buys about half that amount of bonds back with printed (really digitalized, it's all just in computers) money. That allows the investors to continue buying bonds. The government may still "owe" the money to the Fed, but they will never demand payment for it, so it's effectively monetized. And the pols don't need to do anything, which makes it the perfect solution as far as they are concerned.
The Fed stopped doing that.
Don’t get your panties in a bunch. It’s an advertisement/opinion piece.
But the reason why people would dump common household stocks like Proctor and Gamble and Dollar General would be the impending social collapse, wide spread looting and social unrest that will happen unless Obama is appointed president for life.
When?
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