Dear Warren - FU.
Buffet is either totally immoral or insane to make such a statement.
I hope he loses his money and never gets it back.
Posted on 01/18/2009 6:27:35 PM PST by Red in Blue PA
Why does Buffet embarrass himself by saying something like this?
And exactly what in the Constitution puts the President "in charge" of the economy?
Interesting.
We shall soon see, but I suspect there is going to be one heck of a game soon.
IOWs the crap's about to hit the fan and no one can do anything about it.
How convenient. So he gets to use the money, pass it on and doesn't pay any taxes.
Some animals are more equal than others.
now you and me....we'd like to direct our income taxes someplace other than the govt but we are no rich enough..at least not me...to donate enough to make a difference....
and what he hasn't "given" away,....you can bet that amount will grow exponentially........after all, he's got his buddies bailing out all of his investments..
James Grant, Peter Shifft, many libertarian and Austrian economists have been saying this was coming for a long, long time. Bernanke has been trying his best for two years now, at least, and Paulson for over a year.
This is going to be a rough year.
Longer trends, like ten years out, are worse. All the world has crushing debt and high taxes. Supposedly we have been in a boom time where you would of thought debt would of been reduced, and the need for taxes less. Instead both increased faster than economic growth.
Now looking out into the future you see us, Europe, Japan and even China having a population decline. People are not having children. So, less children means less workers, means less consumers, means slower economy...but they will have higher debts.
From Chicago east to the Atlantic and then north and south, there must be fifty dead or near dead once industrial cities. Detroit, Toledo, Buffalo, Lowell, Newark.
Soon to be joined by entire states, like Michigan and New York. And then the region.
Already these states are losing population, average citizen age getting older, more elderly. Young people facing poor prospects and high taxes moving out.
More and more I read of people just abandoning fully paid houses.
These cities and states have been Democrat for decades if not a hundred years.
Pretty soon, if it hasn’t happened already, the nation will fall under effective Democrat and liberal Republican control and the process which killed Detroit, and the rust belt will start to corrode the entire country.
No place will be safe.
Dear Warren - FU.
Buffet is either totally immoral or insane to make such a statement.
I hope he loses his money and never gets it back.
Spot the boob.
“The US is in a recession. Europe and Asia are in a depression.”
But we’re getting there and the quicker we get there the better.
http://www.freerepublic.com/focus/f-news/2091792/posts
George Soros, Maurice Strong and company redefine the Middleclass (Must read)
Canada Free Press ^ | September 26, 2008 | Judi McLeod
Who is attacking the U.S.? The big casualty in this 21st century U.S. civil war is the Middle Class George Soros, Maurice Strong and company redefine the Middleclass
George Soros, Al Gore, Warren Buffet, Maurice StrongThe Democrat-loving mainstream media is missing the boat on Warren Buffet’s take of America’s economic meltdown as …”a sort of economic Pearl Harbor we’re going through.”
That being the case, then surely the first question should be: “Who is attacking the U.S.?”
The billionaire’s $5 billion investment in Goldman Sachs Group Inc. at the same time he’s touting the Treasury’s $700 billion bank rescue plan, should be the tipoff.
With so many banksters and fraudsters openly treating the U.S. treasury as their private piggybank, one ponders what‘s really going on.
Is wholesale market manipulation the new al Qaeda?
(snip)
So how does UN Poster Boy Maurice Strong intend to harness America’s middleclass?
This is what Strong told a reporter back in 1990, when he was describing what he called a fantasy scenario for the World Economic Forum meeting in Davos, Switzerland—where 1,000 diplomats, CEOs and politicians gather annually “to address global issues”.
What if a small group of these world leaders were to conclude that the principal risk to the earth comes from the actions of the rich countries?…
In order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring this about?
“This group of world leaders forms a secret society to bring about an economic collapse,” Strong told the reporter in painting his so-called fantasy scenario.
“It’s February. They’re all at Davos. These aren’t terrorists. They’re world leaders. They have positioned themselves in the world’s commodities and stock markets. They’ve engineered, using their access to stock markets and computers and gold supplies, a panic. Then, they prevent the world’s stock markets from closing. They jam the gears. They hire mercenaries who hold the rest of the world leaders at Davos as hostage. The markets can’t close…
(snip)
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