Class Warfare On Two Fronts

Click here to access article by Mark Ames from The Exiled and ConsortiumNews.

"Yes, there’s class warfare, all right," warns Warren Buffett. “But it’s my class, the rich class, that’s making war, and we’re winning.”

The author provides many more details about the class war that has occurred in real estate affecting, as usual, some very vulnerable members of the 99 Percent trying, albeit naively, to serve their country in the military. While doing so, some soldiers appear to express their frustrations by committing war crimes.  He contrasts the disasters suffered by these "losers" in the real estate game with the rewards and celebrations of the sociopathic winners located in the One Percent. 

Army Sgt. Robert Bales stands accused of murdering 17 Afghan civilians, a crime that some trace to the financial pressures his family faced back home. However, to the rich financial swindlers, the ruining of Bales’s family – and many others – is just another day’s work....

Meanwhile, "back at the [capitalist] ranch"...

Hayes Barnard and Paramount Equity Capital are doing better than ever. In 2009, Hayes Barnard was named “Entrepreneur of the Year” by the Roseville Chamber of Commerce, the wealthy Sacramento suburb where Paramount Equity Mortgage is headquartered. In 2010, the Sacramento Business Journal honored him as one of Sacramento’s “40 under 40” leaders.

Among other crimes and deceptions, officially,

Paramount stood accused of charging and collecting unearned fees, charging consumers to buy down interest rates without actually reducing the rate, failing to make required disclosures and making state and federally-required disclosures in a deceptive manner.