alstry (35.70)

What Buffett Was Really Saying In His Letter

November 27, 2010 – Comments (1)

In Buffett's Op Ed in the NY Times, titled Pretty Good For Government Work,where Buffett thanks government for giving Berkshire handouts saving his company from bankruptcy was actually a satire on our whole current financial system....

in a way only Warren could do.....

The letter was structured as a thank you note from a nephew writing his rich uncle....

But what Warren.....and a growing number of the world's most prominant financial experts, like Bill Gross.....realize that our entire financial system is nothing more than a Ponzi Scheme that is ripping apart absent being held to together by fraudulent accounting.....

something Buffett used to think was unacceptable behavior.......

but now realizes, and also letting the world know out in the open, absent fraud.....we are all broke........

It is why Bill Gross wrote his letter saying that the Fed is running a Ponzi Scheme.....

The world's financial elite are now saying our current system is coming to a close.......

But don't fear.....as new system will come forth as we enter the Digital Age....the only question now is what will be property rights as we enter the new system when most of our current property rights are built upon a fraud....