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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJeff Flew His Nannies To Davos On A Jet-&-He Wants Us To Lower Expectations & Have Fewer Nice Things
Billionaire Jeff Greene, who amassed a multibillion dollar fortune betting against subprime mortgage securities, says the U.S. faces a jobs crisis that will cause social unrest and radical politics.Americas lifestyle expectations are far too high and need to be adjusted so we have less things and a smaller, better existence, Greene said in an interview today at the World Economic Forum in Davos, Switzerland. We need to reinvent our whole system of life.
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Greene, who flew his wife, children and two nannies on a private jet plane to Davos for the week, said hes planning a conference in Palm Beach, Florida, at the Tideline Hotel called Closing the Gap. The event, which he said is scheduled for December, will feature speakers such as economist Nouriel Roubini.
I live in Palm Beach, where no one wants to hear bad news, he said. We need to have an event where people arent just focused on predicting the price of oil.
the rest
http://www.bloomberg.com/news/2015-01-21/billionaire-greene-goes-long-on-u-s-while-bemoaning-jobs-crisis.html
updated to add appropriate toon:
TheMastersNemesis
(10,602 posts)B2G
(9,766 posts)hifiguy
(33,688 posts)That would be a damned fine start for these tenth-percent parasites.
Response to hifiguy (Reply #7)
Enthusiast This message was self-deleted by its author.
Enthusiast
(50,983 posts)I'll see you that one and raise you.
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hifiguy
(33,688 posts)gothic, angry mob touch reminiscent of an old Frankenstein movie.
Enthusiast
(50,983 posts)FailureToCommunicate
(14,014 posts)hifiguy
(33,688 posts)The poor are tough and stringy.
daleanime
(17,796 posts)DirkGently
(12,151 posts)He and his other billionaire banking / Wall Street buddies are just so sorry, but ordinary people just can't have retirement benefits, no matter how much they might need them. That giant surplus SS has doesn't help, because 20 or 30 years from now, if we don't raise the SS tax cap, benefits might be slightly impacted. So the whole thing has to go, right away.
They're super sorry.
bobGandolf
(871 posts)BlueCaliDem
(15,438 posts)Take your advice and then take a long walk off a short pier, Mr. Greene.
azmom
(5,208 posts)His whole way of life. Greedy monster.
Fred Sanders
(23,946 posts)Engels and Marx predicted this inevitable accumulation of wealth at the top, only regulation and a progressive tax system of laws and subsidies enacted by common folks kept a lid on it for so long.
Scuba
(53,475 posts)TBF
(32,062 posts)it always involves we the average people taking the hit while he still travels around on his private jet. Fuck that.
hifiguy
(33,688 posts)aren't they. Time to grant their wish, methinks.
SunSeeker
(51,559 posts)Curmudgeoness
(18,219 posts)you lousy piece of shit.