The US Media and registered Democrats need to seriously listen to Buffet

[UCFBS]

Even Buffet pointed out that small businesses have been decimated, through no fault of their own. People need to stop being insensitive to their real issues. I find that's exactly the case with the US Media and people who don't stop to recognize how many trillions of dollars were transferred to the ultra-wealthy from innovative small businesses. It's almost political in the worst way.

Warren Buffett says the pandemic has had an 'extremely uneven' impact and is not yet over

Legendary investor Warren Buffett said the economic consequences of the pandemic are falling disproportionately on small businesses.

www.cnbc.com

QUOTE: "The economic impact has been this extremely uneven thing where ... many hundreds of thousands or millions of small businesses have been hurt in a terrible way, but most of the big companies have overwhelmingly done fine," the Berkshire Hathaway CEO said... which led to a shutdown of a $20 trillion economy in full swing. Thousands of small businesses were forced to close their doors while big-box retailers and e-commerce giants took in those customers ... "It's not over," the 90-year-old investor said. "I mean, in terms of the unpredictability ... it's been very unpredictable, but it's worked out better than people anticipated for most people and most businesses. And it's just, for no fault of their own, it's just decimated all kinds of people and their hopes."​

I'm sorry to seemingly 'get political' here, but too many people have been ignoring this and making all sorts of statements. My intent is only to educate understanding among my fellow Americans.

But I now feel I must warn registered Democratic voters in the US to neither ignore this reality, as 4 out of 5 small businesses are owned by registered Republicans, nor just label very angry small business owners as just 'radical right-wingers' or, as worse yet, 'racists,' much less Jan 6th supporters. Nearly all disagree with Jan 6th, but are still upset with both federal and state/local clear favoritism of big business.

It's the most insensitive attitude to have, and -- ironically, causes the left to be viewed as being more pro-big business, anti-domestic small business -- just like being against many of the business tax code changes, which were actually pro-small business and domestic manufacturing while anti-big business, especially overseas.

The lockdown was a boon for the latter, destructive for the former, again, through no fault of the former, as even Buffet pointed out. Most of the top 2% gross income earners are heavily small business owners with actually little take home pay, people who don't live lavishly either.

 

[Knight In TN]

“If yOu CaN’t pAy $15 aN hOuR, yOuR bUsInEsS sHoUlD fAiL.”

 

[Nautiknight]

I could go on for days about this. days. Small businesses employ most of the people in this nation. It just pisses me off the amount of foreign aid we piss away or how much aid we give to illegal immigrants now from housing to food assistance and so forth .

I shut down for 16 weeks last year because my Governor said it was the right thing to do,be a good citizen and all. I did my part and the result was here is some piddly little PPP loan and an EIDL loan. Loan? F that. I didn't need your help Governor and Congress and Trump before Covid. I don't need or want to take on debt. I was doing ok.

My point is I did my part and every other small business did too and frankly they should made all of it a grant . No loans ,no additional debt service, just grants. If we can piss away money to 3rd world nations and have a completely failed immigration policy ,then by God write the damn checks to small business owners here in America who employ our youth,our friends and neighbors. Give those who are the fabric of our small towns and downtowns and every where else a boost , a thank you.. Before anyone says it, it's my tax money why should I pay you, guess what my business pays a lot of taxes too from sales taxes, income taxes and payroll taxes. Small business is the goose here and our puic policy during the pandemic nearly killed it. I should not have had to take debt on because I was ordered to close to save my business. yes, I had money in savings ,but I think the government owes it to small business and frankly we need to take care of our own before sending billions abroad.

 

[goodknightfl]

“If yOu CaN’t pAy $15 aN hOuR, yOuR bUsInEsS sHoUlD fAiL.”

They say Minimum wage should be over the poverty rate. That is 17,500 per year. $10 per hour gets you $20,600. No need for 15 per hour. If you are over the age of 20 and making minimum wage, you likely are over paid.

 

[chemmie]

What the hell do Democrats have to do with it? It isn't a Democrat vs. Republican thing. It is an Ultra-Wealthy vs. The Other 99% thing. Democrats don't give a damn, but at least they aren't in full-blown "Don't Give a Shit About Anyone" Mode like Republicans.

The Federal Reserve has had the money machines on full-blast "BRRRRRRRRR" for years, the ultra-rich got a whopper of a tax break, they are sitting on mountains of cash and absolutely nothing is "trickling down."

Then the Ultra-Wealthy Right-Wing manages to convince small business owners they are part of that 1%, and they are doing them favors. LOL.

Minimum Wage? LOL. That's a f*cking mirage for idiots to bitch about while they fleece us all for trillions.

 

[sk8knight]

I could go on for days about this. days. Small businesses employ most of the people in this nation. It just pisses me off the amount of foreign aid we piss away or how much aid we give to illegal immigrants now from housing to food assistance and so forth .

I shut down for 16 weeks last year because my Governor said it was the right thing to do,be a good citizen and all. I did my part and the result was here is some piddly little PPP loan and an EIDL loan. Loan? F that. I didn't need your help Governor and Congress and Trump before Covid. I don't need or want to take on debt. I was doing ok.

My point is I did my part and every other small business did too and frankly they should made all of it a grant . No loans ,no additional debt service, just grants. If we can piss away money to 3rd world nations and have a completely failed immigration policy ,then by God write the damn checks to small business owners here in America who employ our youth,our friends and neighbors. Give those who are the fabric of our small towns and downtowns and every where else a boost , a thank you.. Before anyone says it, it's my tax money why should I pay you, guess what my business pays a lot of taxes too from sales taxes, income taxes and payroll taxes. Small business is the goose here and our puic policy during the pandemic nearly killed it. I should not have had to take debt on because I was ordered to close to save my business. yes, I had money in savings ,but I think the government owes it to small business and frankly we need to take care of our own before sending billions abroad.

I agree with your thoughts but foreign aid isn't as simple as just sending money to other countries. Many times there are strings tied to that money, such as foreign aid going to KSA that will supplement their purchase of US airframes. This goes to benefit our industry even though it is foreign aid.

Much of the South American foreign aid is intended to keep people in their countries and not coming to the US. Now, this has mixed results but Trump certainly used it as leverage successfully to force other Western Hemisphere countries to stop encouraging their poor and infirm to migrate to the US. Moreso, if that aid can help develop a resource in the Americas that we can import at an advantage, so much the better. Again, this has had a very mixed track record.

So there are a couple of scenarios where foreign aid can help us at home.

 

[Knight In TN]

What the hell do Democrats have to do with it? It isn't a Democrat vs. Republican thing. It is an Ultra-Wealthy vs. The Other 99% thing. Democrats don't give a damn, but at least they aren't in full-blown "Don't Give a Shit About Anyone" Mode like Republicans.

The Federal Reserve has had the money machines on full-blast "BRRRRRRRRR" for years, the ultra-rich got a whopper of a tax break, they are sitting on mountains of cash and absolutely nothing is "trickling down."

Then the Ultra-Wealthy Right-Wing manages to convince small business owners they are part of that 1%, and they are doing them favors. LOL.

Minimum Wage? LOL. That's a f*cking mirage for idiots to bitch about while they fleece us all for trillions.

You try to sound so enlightened about all this, but you still feel like you have to defend Democrats. You’re just as much of a partisan stooge as anyone.

 

[chemmie]

You try to sound so enlightened about all this, but you still feel like you have to defend Democrats. You’re just as much of a partisan stooge as anyone.

You are not very smart.

 

[UCFBS]

I agree with your thoughts but foreign aid isn't as simple as just sending money to other countries. Many times there are strings tied to that money, such as foreign aid going to KSA that will supplement their purchase of US airframes. This goes to benefit our industry even though it is foreign aid.

But it's still favoring big business, many of whom have foreign subcontractors. This is the whole Industrial-Congressional complex of lobbyists and special interest that screws over @Nautiknight and other small business owners. As he said, he was forced to shut down and take loans he has to pay back. All the meanwhile, the big businesses and wealthy continued to receive subsidies and many stayed open.

That's the whole point of Warren's comments ...

Small businesses got f'd, while big businesses, special interest, even foreign subcontractors/suppliers, were subsidized and even given exceptions to keep operating. If you look at many Jan 6th arrests, a lot of them were small business owners. Nearly all small business owners would never take it that far, but to label them all as Jan 6th supporters is just going to alienate them further.

The left and US media are destroying many who had nothing to do with Jan 6th.

 

[Knight In TN]

You are not very smart.

It actually makes me glad that you think so.

Still won’t respond to that question I asked in the other thread, will you?

 

[UCFBS]

What the hell do Democrats have to do with it? It isn't a Democrat vs. Republican thing. It is an Ultra-Wealthy vs. The Other 99% thing. Democrats don't give a damn, but at least they aren't in full-blown "Don't Give a Shit About Anyone" Mode like Republicans.

The Federal Reserve has had the money machines on full-blast "BRRRRRRRRR" for years, the ultra-rich got a whopper of a tax break, they are sitting on mountains of cash and absolutely nothing is "trickling down."

Then the Ultra-Wealthy Right-Wing manages to convince small business owners they are part of that 1%, and they are doing them favors. LOL.

Minimum Wage? LOL. That's a f*cking mirage for idiots to bitch about while they fleece us all for trillions.

You try to sound so enlightened about all this, but you still feel like you have to defend Democrats. You’re just as much of a partisan stooge as anyone.

Spot-on @Knight In TN ...

@chemmie - Both the DNC and GOP are the party of big business.

But the GOP -- even independent (but DNC participating) Bernie Sanders at times -- continues to be one of the few parties with some trying to address small, domestic business. Trump was liked because he called out a lot of big businesses, and actually focused on domestic businesses, heavily small business, at odds with the GOP establishment.

The Trump tax code changes for businesses actually were good, despite the demonizations by the left and the US Media. So much so that not only did Democratic candidate Amy Klobuchar call out most of the party, but even Biden is having to concede that she -- like Trump -- are correct about a great number of things the US Media used to flog Trump over.

The lockdown was a big business, special interest funding plan, which screwed over small businesses with horrendous loans. At the same time, most big businesses were allowed to operate -- hypocritically -- while small businesses were not -- even though they did the same things.

 

[Nautiknight]

Chemmie, I want to repeat something here. I think Republicans suck. They are spineless. Democrats are fricken Bulshaveks elitist globalist who don't give a crap about the middle class. I can't stand either.

I have a government that represents everyone but me. They represent illegal aliens, the Chinese , Big Tech (the Chinese some more), Russia and on and on. Biden kills US jobs shutting down a pipeline in part because Buffet wants the petroleum rail car business. He then bows down to German Hillery and Russia and approves their pipeline (which I can't figure out why Europe needs our blessing to build a pipeline). Biden is corrupt and uses his office to benefit his family.

More stuff dribbles out of Hunters emails of him flying on Air force 2 meeting people in Mexico, China and Ukraine with his dad. my president is a duplicitous snake not looking out for small business or the American people.he looks out for the Bidens and his party.

I know so many families who own businesses have taken it on the chin in 2020. Our government didn't handle this right at all. There are hundreds of thousands of stories like mine repeated all over this country. I invested my wealth and time and I am treated like crap. The government wants it's pound of flesh when I am successful and screws me over when times are tight or in times when they say you have to close because you're nonessential.

You can say I am simple ,not very smart but your brilliance is failing to see or care about the issues of small business. This sentiment and under current of anger towards government by small businesses is created by the government. The left can ignore this and Buffet is right,. it will costs Democrats elections. it creates the atmosphere of the forgotten man and for people like Trump to get elected. I am sick of busting my butt,paying taxes,employing people and being ignored and treated poorly by the government I pay for.

 

[Knight In TN]

Chemmie, I want to repeat something here. I think Republicans suck. They are spineless. Democrats are fricken Bulshaveks elitist globalist who don't give a crap about the middle class. I can't stand either.

I have a government that represents everyone but me. They represent illegal aliens, the Chinese , Big Tech (the Chinese some more), Russia and on and on. Biden kills US jobs shutting down a pipeline in part because Buffet wants the petroleum rail car business. He then bows down to German Hillery and Russia and approves their pipeline (which I can't figure out why Europe needs our blessing to build a pipeline). Biden is corrupt and uses his office to benefit his family.

More stuff dribbles out of Hunters emails of him flying on Air force 2 meeting people in Mexico, China and Ukraine with his dad. my president is a duplicitous snake not looking out for small business or the American people.he looks out for the Bidens and his party.

I know so many families who own businesses have taken it on the chin in 2020. Our government didn't handle this right at all. There are hundreds of thousands of stories like mine repeated all over this country. I invested my wealth and time and I am treated like crap. The government wants it's pound of flesh when I am successful and screws me over when times are tight or in times when they say you have to close because you're nonessential.

You can say I am simple ,not very smart but your brilliance is failing to see or care about the issues of small business. This sentiment and under current of anger towards government by small businesses is created by the government. The left can ignore this and Buffet is right,. it will costs Democrats elections. it creates the atmosphere of the forgotten man and for people like Trump to get elected. I am sick of busting my butt,paying taxes,employing people and being ignored and treated poorly by the government I pay for.

He’ll just respond with a stupid quip, if he responds at all.

 

[chemmie]

Chemmie, I want to repeat something here. I think Republicans suck. They are spineless. Democrats are fricken Bulshaveks elitist globalist who don't give a crap about the middle class. I can't stand either.

I have a government that represents everyone but me. They represent illegal aliens, the Chinese , Big Tech (the Chinese some more), Russia and on and on. Biden kills US jobs shutting down a pipeline in part because Buffet wants the petroleum rail car business. He then bows down to German Hillery and Russia and approves their pipeline (which I can't figure out why Europe needs our blessing to build a pipeline). Biden is corrupt and uses his office to benefit his family.

More stuff dribbles out of Hunters emails of him flying on Air force 2 meeting people in Mexico, China and Ukraine with his dad. my president is a duplicitous snake not looking out for small business or the American people.he looks out for the Bidens and his party.

I know so many families who own businesses have taken it on the chin in 2020. Our government didn't handle this right at all. There are hundreds of thousands of stories like mine repeated all over this country. I invested my wealth and time and I am treated like crap. The government wants it's pound of flesh when I am successful and screws me over when times are tight or in times when they say you have to close because you're nonessential.

You can say I am simple ,not very smart but your brilliance is failing to see or care about the issues of small business. This sentiment and under current of anger towards government by small businesses is created by the government. The left can ignore this and Buffet is right,. it will costs Democrats elections. it creates the atmosphere of the forgotten man and for people like Trump to get elected. I am sick of busting my butt,paying taxes,employing people and being ignored and treated poorly by the government I pay for.

Conservative politicians have been telling you "The Commies are Coming!" for more than 75 years and not one democratic politician has ever done anything even remotely close to actual communism.

We both agree on the problem here, though: our government doesn't care about normal, everyday, Americans. You, me, people on minimum wage, unemployed, or even people making $400K a year as a manager. 99% of our population are ignored by the government. For a country with the wealth we have, our schools suck, our infrastructure sucks, our level of poverty sucks, our healthcare costs suck, and on and on and on.

Somehow, you think a guy like Donald Trump does care.

Somehow, I think the entire country needs a hardcore shift back to the left, because even the Democrats you believe are commies are too far to the right and in the pockets of big-business.

Overall, we're trying to solve the same problem.

 

[chemmie]

and all the Hillary and Hunter Biden and even Trump's kids bullshit is garbage. None of that shit matters. They are all elite assholes who get special treatment and that has been true for assholes like them since the beginning of time.

No politics, right or left, is ever going to stop insanely rich people from being assholes and doing asshole things.

 

[UCFBS]

Conservative politicians have been telling you "The Commies are Coming!"

Because they're right.

AOC, The Squad, and others are more like Communists than Socialists.

for more than 75 years and not one democratic politician has ever done anything even remotely close to actual communism.

Ummm ... Democrats were saying this for 40-50 of those years too, not just Republicans.

We both agree on the problem here, though: our government doesn't care about normal, everyday, Americans. You, me, people on minimum wage, unemployed, or even people making $400K a year as a manager.

Ummm ...
$400K/year -- per household -- is the top 1%.

It's $700K/year in NY is top 1%, $250K/year in AL is top 1%.​

$250K/year -- per household -- is the top 2%.

 

[DaShuckster]

For a country with the wealth we have, our schools suck, our infrastructure sucks, our level of poverty sucks, our healthcare costs suck, and on and on and on.

Yes, we have A LOT of needs but our Federal and state leaders are apparently too busy playing politics than to work together to actually address our problems.

Worse yet, we allow them to get away with doing nothing.

 

[chemmie]

Yes, we have A LOT of needs but our Federal and state leaders are apparently too busy playing politics than to work together to actually address our problems.

Worse yet, we allow them to get away with doing nothing.

I wouldn't say "we allow them." We don't really have a choice. We can't agree on anything, we're too busy fighting over transgender people going to the bathroom, Hunter Biden and Don Trump Jr., screaming about Communists and Fascists, minimum wage laws, climate change, abortion, etc.