Warren Buffett was the only son of the Howard Buffett and Lelia Stahl. Leila worked as both a clerk and secretary and after her marriage has a homemaker and mother. Howard worked as an investment broker and spent four terms in Congress as a U.S. representative. He was elected to “Congress in 1942 with a pledge to keep FDR from “fasten the chains of political servitude around America’s neck.”
He marked himself an oddball by returning a pay raise to the Treasury and by subjecting each piece of legislation to a simple test: “Will this add to, or subtract from, human liberty?”. Howard Buffett was an extremely conservative man. While in Washington he was part of an elite organization, the John Birch Society, which fought against communism and liberal rebels.
Also as Martin Armstrong a former Hedge Fund Manger testified, he's the greatest stock manipulator ever:
"At the start of the silver manipulation I was flat. I had taken all profits and closed out all short positions. Silver was trading around $4.29 when PhiBro walked across the ring and handed to my broker an order to buy 1,000 lots of silver every penny down for as far as you could see. They intentionally showed me the Buffet order. Later Bob Gotlieb from Republic Bank call me and tried to get me to join the manipulation. He said, "Something big is coming down in silver," and when I asked who was behind it, he said, "Your friends in Connecticut." After being approached several times to join the manipulation, I reported to my clients that "they" were back. I would not have used the term "they" if it had been someone other than the same crew as in 1995. I was told that the silver price target was $7. I reported that information on our website. I was NOT short. I knew what they were capable of doing. Then I left the country for my usual fall tour. I was invited by the government of China to discuss the Asian crisis. I visited the government there in December 1997. Upon my return silver was at $6.40 and everyone indeed had been led to believe that it was me because the orders were routed through Republic to give the market the impression that I was the one buying the silver. In fact, it was Republic buying the silver itself and moving it to London. "
The reason Warren Buffet is in facade a Liberal has to do with his interests: increasing tax allow the richest man like him to perceive interests on the world financial bonds they own paid by the Governement of the Countries.
by thecounterpunch 9 years ago
This is the testimony of Martin Armstrong a well-reknowned hedge fund manager: "At the start of the silver manipulation I was flat. I had taken all profits and closed out all short positions. Silver was trading around $4.29 when PhiBro walked across the ring and handed to my broker an order to...
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