It's easy to be a hypocrite when you are a Democrat, and easy to be a Democrat if you are a hypocrite.
But what a gutsy move! Announcing that you're going to put money into a TARP bank when the stock is hovering near zero.
My memorable economic lesson: “Give a poor man a dollar and he’ll spend it. Give a rich man a dollar and he’ll turn it into $2.
Buffett doesn’t support higher taxes because he wants to pay higher taxes. He supports higher taxes because he wants you to pay higher taxes.
Buffett gives new meaning to the old quid pro quo.
Buffett is a fool.
"1The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good."
Psalm 14:1
When Buffett dies (and we all die), only then will he know the waste his life has been. Without God, all of our efforts are but a vapor, and without meaning.
Perhaps he will come to God before he does die, but the odds are against it. His heart is stone cold, and there is no love for his Creator in him.
It is only the want to be billionaires that pay these taxes ... they have their business that they are building and at the same time they have to carry this old fool on their back.
Anyone who’s been through Accounting 101 knows that Warren lied. Why did he think something this would pass over our heads?
Wonder what Berkshire Hathaway has got.. AND ... will be getting out of all of Buffetts political gambits??..
No doubt Buffett has his eye on Soros..
A point that too many overlook: Warren Buffett makes billions. If this cheap SOB only pays his secretary 36 grand a year he should be ashamed of himself. Greed has played a huge factor in todays economic crisis as well. And big government, through central control and planning, has made greed an easy thing. There is hardly a chance for decent competition. Too many regulations, controls, laws, lawyers, subsidies and you name it; to allow for fair competition in the free market. This a$$hole has made it this big primarily through greed. No matter how smart of an investor and manipulator...greed through power and advantage got him there.
Everything Mr. Buffet says has been filtered through his wealth centered, self serving, money making brain, and he is not the kind of man who really gives a damn about you, me, or anyone else but himself. We all know the Biblical truth about...."the love of money.....". You cannot amass so much money that you can stack it halfway up to Heaven as Buffet has done without a deep love for the stuff. So why would anything this man says be taken seriously by the general public. The general public are, after all, the ones who earn, work, build, and generate the money that Buffet worships so deeply and lives just to gather that money into his barns.
If Buffet feels he's not paying enough in taxes, then why doesn't he simply pay more than his share, perhaps fund our troops in Afghanistan with creature comforts that the military doesn't give them. Like tooth brushes, soap, cigarettes, matches, etc. People like Buffet are so self absorbed and self decieved by their infatuation and addiction to money that they live insulated from the "commoners" and can't even concieve of any realistic thought process of the kind that the rest of us must live by to survive.
I have a proposal for Warren Buffett. Instead of a higher income tax rate, which he’ll avoid with his clever accountants, I will take his personal fortune and give it to the government, and he gets to keep, say, $1 Billion. Most people could scratch by on $1 Billion, so I don’t think he could really complain. I’d like to make the same proposal to all of the Dem billionaires, such as Eric Schmidt, Jeffrey Immelt, and Lloyd Blankfein. I’m sure there are others. Let’s see how many go for it.
And beside that, Buffet does not need to know any economic facts anymore. He hires the intellectual talent he needs to run his empire. That way, he has more time to play in the liberal cocktail circuit; getting boozed up and smoking pot and crack.
Dear Mr. Buffett:
Shuffett.
I don't. He has more money than I'll ever see in many lifetimes. His stupid ideas of raising taxes on the rich will do nothing more than raise taxes on the middle class a few percentage points. The rich will still get their loop holes--regardless of a rate increase-- and the working individual will get stuck with less of a refund or end up paying.
Write a check to the gov't if you don't think you pay enough you greedy bastard.
So, YOU'RE the one!
Buffett deserves no respect. 1. he says he feels guilty about not paying more. Yet, he doesn't do it.
2. He uses the tax breaks he complains about to donate the bulk of his fortune to the Gates foundation which goes to prove that he knows damn well private citizens know better how to put money to good use than the government does.
Excerpt:
There be a violent wind coming ashore very soon carrying odors of foul shi'ite with it. All caused by international bankers who only desire more insane profits.A more severe crash than the one triggered by the collapse of Lehman Brothers could be on the way, according to alarm signals in the credit markets. * * *
Insurance on the debt of several major European banks has now hit historic levels, higher even than those recorded during financial crisis caused by the US financial group's implosion nearly three years ago.
Credit default swaps on the bonds of Royal Bank of Scotland, BNP Paribas, Deutsche Bank and Intesa Sanpaolo, among others, flashed warning signals on Wednesday. Credit default swaps (CDS) on RBS were trading at 343.54 basis points, meaning the annual cost to insure £10m of the state-backed lender's bonds against default is now £343,540. * * *
"I think we are heading for a market shock in September or October that will match anything we have ever seen before," said a senior credit banker at a major European bank.
LOL . . . LOL !
Buffet often ays one thing to mislead everyone then does another. Sorry, but anyone following his words is gullible.
bump
Where the truly wealthy actually hide their income to virtually no beneficial economic purpose is in tax-exempt “charitable” foundations, too often used for both fun and profit.