Buffett’s billion-dollar bet proves the system's broken

The very fact that a single human being can control $1,000,000,000 -- the net worth of a thousand mere millionaires -- is conclusive proof of the brokenness of the system. This stunt just adds insult to injury

Warren Buffett’s Epic NCAA Humblebrag

Poverty is rampant. Wages are stagnating. Three quarters of Americans are now living paycheck to paycheck. The unemployment rate remains persistently high and inequality has hit Gilded Age levels. Much of this has been exacerbated by a housing crisis and mortgage fraud. Yet, in the face of such emergencies, one of the world’s richest men joined a mortgage lender that sold shady loans to brag about their collective wealth. That’s the obvious takeaway as Buffett runs to fawning news outlets to proudly proclaim that it wouldn’t faze him in the least to write a billion-dollar check.

Add new comment

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
To prevent automated spam submissions leave this field empty.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.