Tuesday, February 7, 2017

Another "Genius" Disses Trump

“President Trump may be able to temporarily hold off the sweep of automation and globalization by cajoling companies to keep jobs at home, but bolstering inefficient and uncompetitive enterprises is likely to only temporarily stave off market forces,” he continued. “While they might be popular, the reason the U.S. long ago abandoned protectionist trade policies is because they not only don’t work, they actually leave society worse off.”

You can read the rest @

I have two questions for Mr. Klarman:

  • How could we possibly be worse off than the mess you "free traders" got us into?
  • Hedge fund managers don't work for "society". They work for rich people. Why should We The People believe anything you say?

The problem with the Klarmans of the world, and with our economy in general, is that we have defined "success" in terms of what is good for rich people, and the little guy be damned.

Dear Seth - I will not be buying your book, even if I had the money to do so. The worship of money is one of the things which destroyed my country.

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