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Video & Multimedia

In reply to the discussion: Post removed [View all]

OKNancy

(41,832 posts)
1. b.s.
Thu Jan 15, 2015, 04:32 PM
Jan 2015

GOP does not equal Democrats. Only nuts think that.

Plus, I couldn't find that quote anywhere using google except from this fellow.
I decided to look up Munger.
He is vice-chairman of Berkshire Hathaway. ( not chairman of BROOKSHIRE Hathaway). He is the right hand man of Warren Buffet.
Also a a director of Costco Wholesale Corporation.

He said:
he said, "Good businesses are ethical businesses. A business model that relies on trickery is doomed to fail."
Also: ... "the system is responsible in proportion to the degree that the people who make the decisions bear the consequences. So to Charlie Frankel, you don’t create a loan system where all the people who make the loans promptly dump them on somebody else through lies and twaddle, and they don’t bear the responsibility when the loans are good or bad. To Frankel, that is amoral, that is an irresponsible system."

I'm not going to list all the philanthropy he does, but it is substantial.

-----------

Not that I don't think Wall Street has their share of sociopaths, but given the errors in what you posted, I dismiss the whole thing. Oh and the fact that it is on rt.com ( propaganda)

Post removed [View all] Post removed Jan 2015 OP
b.s. OKNancy Jan 2015 #1
In other words, yet another BS RT vid flooding DU uhnope Jan 2015 #2
Dissenting: I wish it were BS Jack Rabbit Jan 2015 #3
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