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Skwmom

(12,685 posts)
Wed Sep 9, 2015, 12:37 PM Sep 2015

Hillary backer Buffett loves Wells Fargo that targeted Blacks and Hispanics for Dangerous Loans

Last edited Wed Sep 9, 2015, 01:56 PM - Edit history (1)

That Warren Buffett - what a guy. When he came out and praised Wells Fargo for how it conducted business AFTER it was criticized for its targeting of minorities I realized what a facade his image is.

http://thecollegeinvestor.com/3655/warren-buffett-loves-wells-fargo/

Wells Fargo Deliberately Pushed Dangerous Loans On Blacks, Hispanics: Lawsuit

http://www.huffingtonpost.com/2014/12/03/wells-fargo-loans-lawsuit_n_6261356.html

Omaha, Neb.-based Berkshire Hathaway remains Wells Fargo's largest institutional shareholder. The company considers Wells Fargo to be one of its "Big Four" investments. The others are American Express, IBM and Coca-Cola Co.

The four companies “possess excellent businesses and are run by managers who are both talented and shareholder-oriented,” the letter to shareholders says.

Read more here: http://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article11653628.html#storylink=cpy

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Hillary backer Buffett loves Wells Fargo that targeted Blacks and Hispanics for Dangerous Loans (Original Post) Skwmom Sep 2015 OP
Six Degrees of Hillary Clinton, episode 123123728197! DanTex Sep 2015 #1
What, you don't like it? Scootaloo Sep 2015 #3
I BET YOU DRIVE A VOLVO Warren DeMontague Sep 2015 #9
Worse! I'm one of those dismal, rancid leftists, a white elitist who takes PUBLIC TRANSIT! Scootaloo Sep 2015 #12
why do you feel the need to oppress the subaltern hedge fund managers Warren DeMontague Sep 2015 #14
I love it! It should be a drinking game. DanTex Sep 2015 #10
hey, how's that new authenticity rollout coming? Warren DeMontague Sep 2015 #16
No idea, but I hope it goes well because I sure don't want a Republican in the White House. DanTex Sep 2015 #18
Neither do I. Warren DeMontague Sep 2015 #20
Oh yeah, the primary thing. Meh, that'll be over soon. The GE is what I'm worried about. DanTex Sep 2015 #21
Right, and with any luck we'll have a nominee that knows how to genuinely run on issues Warren DeMontague Sep 2015 #22
It's gonna be Clinton, for better or worse. Which is why she needs to beat the GOP. DanTex Sep 2015 #23
Ah yes, that conventional wisdom never fails. Warren DeMontague Sep 2015 #24
Sometimes, but not this time. I was for Obama in 2008 from the beginning. DanTex Sep 2015 #25
Well, we'll see. Warren DeMontague Sep 2015 #28
I agree, Hillary doesn't have Bill or Obama's chops. DanTex Sep 2015 #29
After 2004 I made a personal decision that second-guessing the primaries Warren DeMontague Sep 2015 #30
Fair enough. After 2000 (my first election) I made the decision that we can't have Republicans DanTex Sep 2015 #31
Well there is no question which party I will vote for in November of 2016. Warren DeMontague Sep 2015 #32
now, back to our regular scheduled bargle about the supporters of Bernie Sanders. Warren DeMontague Sep 2015 #8
rofl Cha Sep 2015 #19
2/10 DemocratSinceBirth Sep 2015 #2
Isn't just waking up worth three these days? nt. SouthernProgressive Sep 2015 #5
I don't know...I picked up the habit at sports message boards. DemocratSinceBirth Sep 2015 #7
Isn't this the same guy who heaped praise on Sanders? SouthernProgressive Sep 2015 #4
Nice flame bait headline you made up. Control-Z Sep 2015 #6
My post headline is taken from the headlines. Skwmom Sep 2015 #15
I went to all the links, Control-Z Sep 2015 #17
Here you go. Skwmom Sep 2015 #26
That headline still does not appear. Control-Z Sep 2015 #35
I'm a Bernie supporter kacekwl Sep 2015 #11
Isn't that the truth. There are so many more substantive issues to discuss and debate rather than "guilt still_one Sep 2015 #27
Yawn ... obnoxiousdrunk Sep 2015 #13
OMG! It's another I hate Hillary post. leftofcool Sep 2015 #33
"what a facade his image is" You are so right in saying this. Agony Sep 2015 #34
 

Scootaloo

(25,699 posts)
3. What, you don't like it?
Wed Sep 9, 2015, 12:52 PM
Sep 2015

'Cause we've spent the last three months serenaded with "bernie sucks because a supporter of his said something in twitter!"

Difference being, of course, "random guy on twitter" lacks the massive influence that "top ten campaign donor and international bank" weilds over a campaign.

Warren DeMontague

(80,708 posts)
16. hey, how's that new authenticity rollout coming?
Wed Sep 9, 2015, 01:23 PM
Sep 2015

Did they make sure to quantify the various geniuneness levels with the focus groups, so that each particular piece of the new improved candidate's integrity-laden spontaneity had been carefully crafted and vetted before being deliberately presented in a controlled setting?

Warren DeMontague

(80,708 posts)
22. Right, and with any luck we'll have a nominee that knows how to genuinely run on issues
Wed Sep 9, 2015, 01:50 PM
Sep 2015

That the American people care about, instead of meaningless, endlessly focus group-tested pablum.

Instead of imagining that millennials are too stupid to understand what 10 billion dollars being thrown at the failed drug war really implies, and are going to be swayed by someone dancing the nae nae on Ellen.

See kids, she's 'hip'! She's 'with it'!

They still have "laugh-in"? She should appear on that show. I hear it's in color, even, now.

But the question still remains, if shes so damn inevitable, why is it so important to hang out in GDP arguing with bernie people and martin people and undecided people? Primary-wise You guys have it in the bag, right?

You should be sipping mint juleps and saving your strength, one would think.

DanTex

(20,709 posts)
23. It's gonna be Clinton, for better or worse. Which is why she needs to beat the GOP.
Wed Sep 9, 2015, 01:53 PM
Sep 2015

Someday maybe millenials will elect a socialist, but not for a few decades.

Warren DeMontague

(80,708 posts)
24. Ah yes, that conventional wisdom never fails.
Wed Sep 9, 2015, 01:59 PM
Sep 2015

I remember when it told us that nominating a war hero in 2004 was the way to go, because no one would be able to attack a genuine war hero on his war hero-ness. And he voted for the Iraq invasion, truly the smart thing to do, because "security moms".

Yes, always better to nominate the smart choice. Cant lose, there. Would have been pure craziness to nominate someone who could have argued against Bush from a position of moral clarity on Iraq.

And 2008, when the infalliable conventional wisdom told us it was INSANITY to nominate a one term african american senator with a funny name.

Millenials are all still riding around the yard in their cozy coupes and diapers, anyway. Its not like they're reaching voting age.



And there's not that many of them, anyway.

DanTex

(20,709 posts)
25. Sometimes, but not this time. I was for Obama in 2008 from the beginning.
Wed Sep 9, 2015, 02:06 PM
Sep 2015

He was a star from the 2004 convention, and it was obvious he had what it took. The big hurdle was the primary.

This time there's no Obama. It's Clinton or the GOP. Maybe Biden if Clinton falters badly, but the Clintons have been through scandals before, I don't the email thing is going to take her down.

Warren DeMontague

(80,708 posts)
28. Well, we'll see.
Wed Sep 9, 2015, 02:17 PM
Sep 2015

As far as being obvious a candidate "has what it takes", objectively it's pretty friggin hard to argue HRC has been displaying anything remotely resembling that, lately.

The simple fact of the matter is, she has the Clinton name, but she doesnt have her husband's political chops. But she does have his playbook of equivocation and triangulation and avoiding taking clear and principled stands on potentially contentious issues even when the polls say otherwise (sometimes known as "leadership&quot .. It's not ridiculous, and it's not "Clinton-hate", to go back 10 years and ask who this person is- the person who gave speeches about ''the foundation of marriage is a man and a woman", whose legislative priorities included shit like outlawing flag burning.

You want to get into personal history, sure- i stood with 60,000 other people at the Daley Center in Chicago, 23 years ago next month, to see Bill Clinton, Al Gore, Tipper Gore, and... Hillary Clinton. The electricity, the energy, the enthusiasm, was palpable. Maybe we wanted a pony, we wanted unicorns, we definitely wanted real change.

and I LIKED Hillary Clinton. Shit, I still do, but maybe not as much.

You know who is generating that kind of enthusiasm, those kind of crowds, now? Bernie Sanders.

Still, I suspect you're right- odds are at least decent that Hillary will be the nominee. Which is one reason why I think it's imperative that she do a better job than the craptastic campaign she's run so far.

DanTex

(20,709 posts)
29. I agree, Hillary doesn't have Bill or Obama's chops.
Wed Sep 9, 2015, 02:25 PM
Sep 2015

Neither does Bernie, though. He's got enthusiasm because he's throwing red meat to the base. Single payer, free college, etc. It's the Ron Paul kind of enthusiasm, not the Obama enthusiasm.

And pretending that the "socialist" label is suddenly going to lose its sting because of Bernie's magnetic personality is plain denial. So is pretending that the Dems can win without raising a ton of money, something that Hillary is probably the only one capable of, maybe Biden.

I also wish we had a better campaign-trail candidate, some kind of Obama version 2. But we don't. What we have is Hillary. It's too bad her campaign has been mired in the email stuff, but the good thing is that it's happening now and not a year from now.

Warren DeMontague

(80,708 posts)
30. After 2004 I made a personal decision that second-guessing the primaries
Wed Sep 9, 2015, 02:33 PM
Sep 2015

To try to support the "smart" candidate for the general, was a fool's errand.

So Im gonna support the one I want to support. And im still, actually undecided, but probably leaning toward Sanders right now.

Between Hillary and Biden I would go with Hillary. Biden's history as an architect of the worst aspects of the drug war is a real problem and vastly out of step not just with where I am, but an increasing majority of the country is. i respect the man, feel sympathy for his loss, think he's done a fine job as veep... But to get anything more than my grudging support in 2016 he would really need to address that.

Looking forward our party needs to expand its bench, Hillary or no.

The only other thing is, again, what you're saying about Sanders and "socialist" - maybe you're right, but ... maybe not.

I think the extent to which the conventional wisdom may need to be rewritten, is still in flux with this cycle. Certainly in the GOP the conventional wisdom had said Jebby and Walker would be battling it out for the relatively secure and staid nomination by now.

DanTex

(20,709 posts)
31. Fair enough. After 2000 (my first election) I made the decision that we can't have Republicans
Wed Sep 9, 2015, 02:51 PM
Sep 2015

running the country. At this point I don't really care which Democrat it is -- within reason, but Hillary, Biden, Sanders, and O'Malley all make the cut.

And to me Hillary, despite all her flaws, of which there are plenty, is the most likely to beat the GOP.

Warren DeMontague

(80,708 posts)
32. Well there is no question which party I will vote for in November of 2016.
Wed Sep 9, 2015, 04:28 PM
Sep 2015

So if she's the nominee, that's her.

Control-Z

(15,682 posts)
6. Nice flame bait headline you made up.
Wed Sep 9, 2015, 01:00 PM
Sep 2015

Proof that anything bad in the news can be attached to and/or blamed on Hillary Clinton.

Skwmom

(12,685 posts)
15. My post headline is taken from the headlines.
Wed Sep 9, 2015, 01:21 PM
Sep 2015

Last edited Wed Sep 9, 2015, 02:05 PM - Edit history (1)



What Warren Buffett Loves about Wells Fargo

Wells Fargo Deliberately Pushed Dangerous Loans On Blacks, Hispanics: Lawsuit - so I feel save in saying they target Blacks and Hispanics. There has been a lot of articles written about this.

Warren Buffet is praising Bernie Sanders, but still backing Clinton

Read more: http://www.businessinsider.com/r-billionaire-buffett-praises-socialist-sanders-but-sticks-with-clinton-2015-9#ixzz3lGXPi7Dv



Control-Z

(15,682 posts)
17. I went to all the links,
Wed Sep 9, 2015, 01:32 PM
Sep 2015

twice, and that was not the headline on any of them. Maybe I'm not seeing well this morning.

Skwmom

(12,685 posts)
26. Here you go.
Wed Sep 9, 2015, 02:07 PM
Sep 2015


What Warren Buffett Loves about Wells Fargo

http://thecollegeinvestor.com/3655/warren-buffett-loves-wells-fargo/

Wells Fargo Deliberately Pushed Dangerous Loans On Blacks, Hispanics: Lawsuit - so I feel save in saying they target Blacks and Hispanics. There has been a lot of articles written about this.

Warren Buffet is praising Bernie Sanders, but still backing Clinton

Read more: http://www.businessinsider.com/r-billionaire-buffett-praises-socialist-sanders-but-sticks-with-clinton-2015-9#ixzz3lGXPi7Dv

still_one

(92,061 posts)
27. Isn't that the truth. There are so many more substantive issues to discuss and debate rather than "guilt
Wed Sep 9, 2015, 02:15 PM
Sep 2015

by associations", and in my view, that would build the case on DU for Bernie far better than this, but it is election season, that is to be expected

Agony

(2,605 posts)
34. "what a facade his image is" You are so right in saying this.
Wed Sep 9, 2015, 06:00 PM
Sep 2015

Your observation here is dead on, thank you. Anyone who thinks that this is peripheral is not paying attention. Warren Buffet is the kind of shyster/snake in the grass that Democrats should deride as such and return any and all contributions from him.

Thank You for bringing this forward.

Cheers,
Agony

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