Monday, March 17, 2014

Why You Shouldn't Take Warren Buffett's $1 Billion Bracket Challenge:

You have to fill out this, which means your personal data, including your DOB, will end up in yet another massive corporate data collection . The data goes to the Challenge sponsor, Quicken Loans, which can use the data internally or sell it to others.:


  1. Bob, not only this but AFTER you get past this page, there is a further step where you MUST enter your mobile number and receive a confirmation of it via text to be enrolled in the challenge, and there is text that by doing so you consent to having marketing sent to your mobile phone!!!!! Yikes. That is when I backed away.

  2. Get tax avoidance first..........

    More Hypocrisy from Warren Buffett as He Structures Deal to Avoid $400 Million in Taxes

    Warren Buffett epitomizes everything that is wrong with the global economy, and the U.S. economy specifically. He is the consummate crony capitalist, a brilliant yet conniving oligarch who intentionally plays on the gullibility of the masses to portray himself as one thing, when in reality he is something else entirely.

    He publicly talks about how rich people need to pay more in taxes, then turns around and pioneers new ways for his company Berkshire Hathaway to avoid hundreds of millions in taxes. He thinks that by going on television stuffing ice cream cones and hamburgers in his mouth and acting all grandfatherly that no one will notice who he is really is and the incredible hypocrisy of his actions.

    I’ve pointed out “Uncle” Warren’s hypocrisy previously on these pages, most recently in my post from last March titled: Crony Capitalist “Uncle” Warren Buffett Drives Company Profits Using Derivatives.

    While that was pretty blatant hypocrisy, Buffett’s latest elaborate scheme to avoid $400 million in capital gains taxes from the disposition of a large chunk of Berkshire Hataway’s Washington Post stake (which was acquired in the 1970s for $11 million) absolutely takes the cake.

    The Street published an excellent article on the topic. Their conclusion at the end of the piece says it all:

  3. Warren Buffet is a grade-A pimp