Posted on 12/17/2008 1:19:29 PM PST by GreaterSwiss
I can understand why Warren Buffett wanted to teach Nicole Buffett, who gets by on $40,000 a year she earns as an artist and reportedly goes without health insurance, that she should not act like a spoiled brat. But the punishment did not fit the crime.
The letter he wrote Nicole seems especially cold: "I have not emotionally or legally adopted you as a grandchild, nor have the rest of my family adopted you as a niece or a cousin," the magazine quotes the letter as saying. "He signed the letter 'Warren'."
(Excerpt) Read more at bloggingstocks.com ...
Nicole darling, Daddy Dearest told you again and again not to use wire hangers...
NOOOOO WIIIRRRREEE HANGERS!
Not giving someone money upon death is not like treating someone as though they were dirt.
She started it by lambasting him on a movie, then on Oprah.
My own older relatives have, as they’ve passed on, given money only to their direct descendants. Giving directly to grandkids is just not always done, in my opinion. So he hasn’t really done anything out of the ordinary now, has he? However, she did open her mouth as the liberal artist she is and spouted off about how bad he must be to have so much money.
I don’t have a problem with what has happened to her at all.
Is Warren a 'rat?
Is Warren a public figure?
Do 'rats encourage a dependent populace?
Do dependent 'rats always seek more milk from the teat?
Do the 'rats in charge try to diminish this dependent behavior?
Is Warren a hypocrite for trying to extinguish this behavior among his own?
I don’t know if it’s really about the money — or the lack of inheritance.
Would a well-adjusted person say to another, “I never accepted you emotionally or legally into my family, and neither did the rest of my relatives.”
This is not some deprived, depraved and deranged person yelling at their child in the projects — but somebody a lot of people look up to and revere as knowing the true value of things.
“Oh, and it’s none of our business!”
You are absolutely correct. I’m just surprised there’s anyone here that thinks otherwise.
Oh contraire, Warren has made himself a public figure by injecting himself and his money into the political process, on the 'rat side. This is evidence that he doesn't walk the soft, compassionate talk.
Interesting point. I think Warren Buffett is the only self-made wealthy man, other than those in sports and entertainment, who gets only very positive coverage throughout the MSM.
The whole thing is all about the dollars, and her sympathizers in the media, such as the author of the Marie Claire piece, Leah Goodman, and the blogger above, Jonathan Berr, are just galled that Buffet has all that money and isnt giving it to relatives so they can lay around eating bons bons all day.
If I had Buffets fortune, I wouldnt adopt as hardline an attitude as it appears he has when it comes to inheritance. But a fundamental principle of freedom is that we each get to choose how we want to manage our own property. Buffets stand is principled and morally defensible, and he should be left alone to conduct his family affairs, and the distribution of his property to the family, as he sees fit.
The purpose of money is to make it work. Money is intended to be spent. Not knowing Mr. Buffett, only hearing what others have said of him, I question his “smarts” in matters not directly involved in the acquisition of money. His grand-daughter, and that is exactly what she is....adopted by his spawn, thereby making her relative to Mr. Buffett. He can pitch a fit, insult and denigrate but the fact remains. When Mr. Buffett is finally in Hell, he may look back and wonder why his inner soul was not strengthened by how well he treated those he should have known as kin.
I think what so many see as the problem here is Buffett's hypocrisy and double standards. As the wealthiest man in the world, he refuses to provide his own granddaughter with health insurance, but wants the government to do so. Obviously, he shouldn't be forced to support anybody else, but why does he have a problem letting everybody else abide by that same principle?
According to some poll, the wealthy, net worth over $10M were the ones supporting Obama.
And the ‘rich’, net worth $1M to $10M supported McCain. The rich and affluent were found to be ‘small business’ owners.
They are the people that governments use to be their ‘tax collectors’. By raising taxes on ‘small business’ they make them LESS competitive with BIG business because the larger you are the less profit margin you need to survive.
They are less ‘mobile’ because they have real ‘ties’. It’s harder for a ‘small business’ to relocate to more hospitable environments. Small business do not get offered the ‘tax incentives’ for ‘economic’ growth.
I'd like to cast my vote for Warren as a small, petty, mean-hearted, vindictive, cruel little rich man.
JMHO.
Totally agree.
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