“Sentiment has turned very sour in the last three or four or five months,” the chairman and CEO of Omaha-based Berkshire Hathaway Inc. said in an interview broadcast Thursday.
“I hope we get over it pretty soon, because it’s not productive,’’ Buffett said. “We will come back regardless of how people feel about Washington, but it is not helpful to have people as unhappy as they are about what’s going on in Washington.”
Your businesses stole literal trillions of wealth from Americans. Your businesses Warren.
Yours.
Wells Fargo. Moody's. Among others.
“The truth is we’re running a federal deficit that’s 9 percent of gross domestic product,” Buffett said. “That’s stimulative as all get out. It’s more stimulative than any policy we’ve followed since World War II.”
The truth is that you stole the money and now you want everyone else to pay for it. You want me and most especially my daughter to cover the bill for your firm's legalized theft from millions of Americans, including their homes, their jobs, their retirement.
Tell 'ya what Warren. Why don't you show that you really give a **** about the American economy and the citizens in this nation? Why don't you forfeit to the US Treasury every nickel you made from 2000-2010?
Let's cut the crap. You built a behemoth that turned into a giant blood-sucking vampire on the neck of America. Your banking and "rating" interests were largely responsible (along with the rest of them) for the mess we found ourselves in, and are still in.
Wells alone has over one trillion dollars of "assets" off-balance sheet for which it refuses to account and mark to the market. What's in the box Warren?
Then, when your bets went bad, instead of taking your lumps like anyone else who goes too far and becomes bankrupt, you participated in the FINANCIAL******of the American Taxpayer with the rest of the bankster and "big money" interests who came in and essentially extorted the United States Treasury - effectively forcing that so-called "stimulus."
Now you cheer it and tell us to "suck it up" like your buddy Charlie.
Here's my answer: **** you Warren.
When you're done, and it won't be any time soon enough, there's a special place waiting for you with a nice guy in a red suit. He'll introduce you to what you should have gotten in 2007, and still should get, but due to the corrupt nature of our government you won't - in this life.
In the next, however, Paulson and Geithner will not protect you. Meet your new "bestie" - or is that "Beastie"?
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Oh, I suppose we should "whistle while we work". Eh, Warren?
You rake in billions, yes billions, through the entirely non-productive exercise of rent collection, while I continue to happily, cheerfully toil-away at my wage-slave job, my compensation failing spectacularly to keep up with the inflation you demand in spite of the fact that I'm actually producing something of value, all the while watching my kids' future earnings being confiscated (by you and the other pigmen) a decade before they're able to earn their first penny.
Or how about this instead - go **** yourself. With a pineapple.
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The preservation of liberty depends upon the intellectual and moral character of the people. As long as knowledge and virtue are diffused generally among the body of a nation it is impossible they should be enslaved. - John Adams
I was waiting for this ticker. You didn't disappoint!
And may I just add that when the boiled rope party begins, Warren is an arguable choice for FIRST IN LINE!
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"...But people better realize that the worst-case scenario could actually happen.9/11 happened. This can happen. An economic 9/11, the likes of which we've never seen." Gerald Celente
Cmalbatros
Posts: 202
Incept: 2008-05-07
Woodstock, GA
"when the boiled rope party begins, Warren is an arguable choice for FIRST IN LINE!" , and I'll tie the rope (ex sailor & all) as I used to work for one of his subsidiary companies, until I was laid off due to "lack of work" and not rehired when it picked up again, they got someone else to do the same job for 33% less. Try looking at Berkshire Hathaways' ethics code and you'll see all they're worried about is if it might end up in the media.
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The only regulation that works - is failure. Remember, the value/price of stocks and shares fall as well as plummet.
He'll introduce you to what you should have gotten in 2007, and still should get, but due to the corrupt nature of our government you won't - in this life.
That sounds depressing. I have been hoping something better would rise from the ashes.
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Lemonaid
Posts: 9879
Incept: 2008-01-20
Metro Detroit
Uncle Warren likes to steal from the public and then play God with his charities. Douchebag.
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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises
I don't care if it makes sense -- only if it makes money. -- Me Bank (n): See scam, fraud and theft.Eat a bankster -- they're low-carb. What part of "shall not be infringed" was unclear?
Warren Buffett disowned his son Peter's adopted daughter, Nicole, in 2006 after she participated in the Jamie Johnson documentary, The One Percent. Although his first wife had referred to Nicole as one of her "adored grandchildren",[57] Buffett wrote her a letter stating, "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." He signed the letter "Warren." [58][59][60]
In 2007, Buffett testified before the Senate and urged them to preserve the estate tax so as to avoid a plutocracy.[125] Some critics have argued that Buffett (through Berkshire Hathaway) has a personal interest in the continuation of the estate tax, since Berkshire Hathaway has benefited from the estate tax in past business dealings and had developed and marketed insurance policies to protect policy holders against future estate tax payments.[126]
I have said this rant before but I hold him responsible for being a so-called 'Oracle' yet not saying **** during the last decade of fraud and looting. I hated him long before this quote.
You would think that wrinkled bag of expired meat would have wanted to give something back to society.
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Don't confuse clear thinking with simplistic thinking. --Nomullet
Warren flagged the problems at FNM and FRE well before they blew up. He also flagged the problems with derivatives at at unspecified insurance company(aka AIG) well before it blew up. If the politicans and regulators and the public still chose to look the other way, so be it. He and his shareholders(which includes me) are perfectly entitled to excess returns under these circumstances.
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The root cause of all the world's problems is inflation. The only sound money in the world is commodities.
He and his shareholders(which includes me) are perfectly entitled to excess returns under these circumstances.
He LOOTED the Treasury with a bailout he demanded and received FOR HIS COMPANIES.
**** him, and **** you. Goodbye.
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I don't care if it makes sense -- only if it makes money. -- Me Bank (n): See scam, fraud and theft.Eat a bankster -- they're low-carb. What part of "shall not be infringed" was unclear?
2dogs
Posts: 2936
Incept: 2009-03-25
Land of the Lost
Quote:
In 2007, Buffett testified before the Senate and urged them to preserve the estate tax so as to avoid a plutocracy. Some critics have argued that Buffett (through Berkshire Hathaway) has a personal interest in the continuation of the estate tax, since Berkshire Hathaway has benefited from the estate tax in past business dealings and had developed and marketed insurance policies to protect policy holders against future estate tax payments.
Buffett is a selfish piece of ****!
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You can't defeat the combined effects of massive voter fraud, the Free **** Army, and the entire bought and paid for media complex. This nation is done.
Fowarded this to my Mom - she thinks he walks on water and for the last 3 years have told her he is a P.O.S along with my other P.O.S. Jack the I destroyed GE Welch.
Rot in hell ****ers
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A democracy can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on,the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy
Actually - I think Jack Welch has been pretty straightforward with being one who does everything he can to maximize profits for his company and his shareholders. I have never had the sense from him that he was trying to do that maximization behind a veneer of hypocritical altuism.
Warren does everything he can to promote that "generous grandfather" facade and that he is all about being altruistic..........BUT that's typical of just about ALL Dems...
Let's not forget Buffett also invested $5billion in (my opinion) the most evil company in the history of the planet in late 2008, Goldman Sachs. Getting preferred stock with a guaranteed 10% dividend...essentially front-running our dumb government. The guy is little more than a shill for the government at this point.
When it comes to boiled rope necklaces, I still would put Greenspan, Paulson, Blankfein, Tanzilo, etc. in line ahead of him, but he would be in that line for sure. :)
