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Illegal State Aid|
- if they have to cheat, they've already lost
Poodleville's National Harm Service pays TEN TIMES market rates for office equipment. So whereas you or I may purchase a laptop for, say £300, the very same laptop, bought in bulk by the NHS, will cost the taxsucker £3,000. That's illegal state aid.
Several years ago, my nephew also told me his public skool had been encouraging the kids to gamble on shares. Obviously, the goons & thugs wanted all the kiddies to run home and tell their equally clueless fathers that they'd made lots of money on shares and ask if they could try it for real. In Poodleville, the public skool teechers are paid the same state pensions as the state-sector teechers. No doubt, like the armed forces, if you displease the goons & thugs, you lose your pension.
Similarly, the "one eyed scottish git" over-paid pension tax rebates just prior to the dotcom crash. Then after the crash demanded the overpayment back. So if you had £1,000 and were paid a rebate of £200, when you should have only been paid £100 and the market halved your pension pot, you'd be left with £600 rather than £550. Except that the fraudster would then demand the £100 back leaving you with only £500 and £50 worse off. He did the same with welfare claimants where one woman even complained that she'd been overpaid but was told to spend the money.
Here's the slum-lord Shyster of Omaha doing similar to support the amerikan shares market:The position makes up 25.7% of Berkshire's total portfolio and is by far Buffett's largest holding.
- Apple's plunge has cost Warren Buffett nearly $4 billion today
One analyst said that this was “Apple’s darkest day in the iPhone era” and he expressed his opinion that “the magnitude of the miss with China demand …was jaw-dropping.”
- The "Stock Market Crash Of 2018" Is Rapidly Transforming Into "The Financial Crisis Of 2019"
That said, Buffett may be enjoying the drop: the billionaire first announced Berkshire was buying Apple in February 2017 despite his usual aversion to tech stocks and following his disastrous foray into tech investing with IBM.
- Berkshire Shares Suffer Second Biggest Plunge In 7 Years
As well as IBM, the Shyster of Omaha has previously bet on jewish-owned, Tesco in Poodleville. Yet, even I knew they were struggling when they tried to rip me off at the checkout by defaulting on all the coupons I'd submitted. I returned and demanded my money back, having already eaten one of the apples I'd bought, so these crooks lost money on that transaction too. Obviously, they were hoping their victims wouldn't bother. I avoid Tesco these days because the kwality (or lack thereof) is the worst of all the supermarkets.
As well as publicly eating MuckDonalds krapburgers and drinking teeth-rot Coca-Cola, the Shyster of Omaha has claimed Apple's krappy and ridiculously over-priced iPhone is underpriced. $1,000 for a computer with very limited capabilities, especially with its user-interface is absurd.
The Slumlord of Omaha has also claimed no one saw the Great Satan Financial Crisis coming despite websites which existed years earlier, such as housepricecrash.co.uk. He's also claimed the gangster-run, thieved prison-state of Amerika was built on the rule of law despite it clearly being a cesspit of total lawlessness where a black JY maid can be raped and not even get a criminal trial or where Jon Corzine and Jamie Dimon can raid client accounts at MF Global (as well as PFG Best) but have the wrong charges deliberately brought against them so that they too avoid jail. Yet, Abacus bank does everything right but has to spend $10m in legal fees defending itself when a known crook, Cyrus Vance is a JY D.A.
Gold has MASSIVELY outperformed the Shyster of Omaha. What a surprise! At the time of writing, gold is $1284.96 5Jan19 and was $35 on 15Aug71, the day of the biggest default in all of history. That's an average annual return of 7.90%. AND that includes the last five years of the gold price being held in place.
The Shyster of Omaha and Charlie Munger are not long for this World. Isn't it about time these two infantile old-farts grew up?