Warren Buffett's Annual Letter - starts on page 3...
Berkshire Hathaway Annual Report
| U.S. NATIONAL DEBT |
"To preserve independence, we must not let our rulers load us with perpetual debt" - Thomas Jefferson
Goals:
- To bring together the wise advice of our Most Admired Advisers (MAA).- To gather "the best on the web".Cliff Küle seeks to be a "filter" of quality from the vast quantity of presentations on subjects related to money.
- To present an unusual, but important view to understand economics & investment markets: DEFINE MONEY. Understand how it is issued, controlled & its designing structure before trying to understand economics & markets. Today's money is different than designed & defined in the U.S. Constitution. The power to issue & control today's money is Private, not Public; Controlled not Free.
Watch the 'National Debt Clock' spin higher & think of the loss of freedom; lost to those who control the money. Control exerts undue influence over how & where that money is spent, who gets the money before taxpayers get the bill.
Think of the irony that America quietly altered its money & returned to the British principles; principles the American Revolution fought against. Think of the irony that babies are born in debt; in a nation founded on the principle: 'No Taxation Without Representation'.
We hope our readers will understand Thomas Jefferson's warning: that giving control of our money to banks would be a greater threat to America's liberty than any foreign army .. & understand how today's financial problems are as Jefferson foretold & forewarned.
In Cliff Küle's opinion, the heart to economics is: 'How have you defined your Money? It is 'lifeblood' to economics. Anyone that has control of the money has power OVER the people, making the citizens into 'subjects' of a ruling class; debtors in servitude. It violates freedom that America was pledged to uphold.
- To present views that challenge assumptions; even our own. Critical evaluation of opposing views is essential for intellectual honesty & to avoid joining the lamestream media.
Cliff Küle's Notes seeks to economize your reading & study time... we read volumes & choose the most interesting & insightful to present. Cliff Küle summarizes texts so that your precious time is most productive.
Please share the most interesting & insightful presentations you have found by emailing them to cliff.kule@cliffkule.com.
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