Taxpayers To Buffett: Get Over Yourself

Warren Buffet, the guy who has more money than he knows what to do with, says that taxpayers need to get over their anger.

Taxpayer anger against President Barack Obama and Congress is counterproductive because policy makers took measures including deficit spending to stimulate the economy, billionaire investor Warren Buffett told CNBC.

“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.” Omaha.com

Perhaps Mr. Buffett, who uses our tax laws to avoid paying more in taxes, has forgotten that we the people are the government and we the taxpayers fund the government. Perhaps he thinks we should get over our anger at the way OUR money is spent but that is not a call for him to make. It is OUR money and we get to decide if we are angry at the way it is misused.

If we do not like banks and other businesses being bailed out then we have a right to be angry about it and we have every right to replace those who have gone against the will of the people.

Buffett might not realize that we have this right and perhaps he is blinded by his devotion to Obama. He backed the wrong horse and now he is chastising us for our anger.

Sorry Mr. Buffett but we the people will unleash that anger in November and we will make change you can believe in.

Nancy Pelosi would not drain the swamp so now we are going to do it for her and we are going to drain it to the bottom.

Buffett can keep his mouth shut and watch from the sidelines. If he wants, he can write a check to pay for the fiscal irresponsibility though he has benefited from it since his backing of Goldman Sachs was repaid after taxpayers bailed the company out.

So taxpayers to Buffett: Get over yourself. You are not that important and have no influence among the people. Stick to keeping your nose up Obama’s rear as you seem to like the view from there.

Cave Canem!
Never surrender, never submit.
Big Dog

Gunline

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BP In Tune With The Democrats

The common perception among those on the left is that the Republican party is the party of the rich companies and that all those companies contribute to Republicans while poor Democrats must scrape money together so they can take care of the downtrodden.

The reality is that the Democrats are the ones who reap big benefits from the rich companies. This is not to say that Republicans do not get donations from those companies but Democrats, by and large, reap benefits from the very companies they then pretend to admonish.

The Wall Street crowd is in the pockets of Democrats. Goldman Sachs donated tons of money to Obama and his Democrats and a number of former Goldman employees now roost in the Obama regime. Obama and the Democrats tout reform of Wall Street and talk about putting the screws to the financial world but the regulations will benefit the big companies, those that donate to Democrats.

BP is in the news because of the Gulf oil leak and Obama and his regime are going after them, keeping their boots on the BP throats as it were. But BP has been a big supporter of Obama and the Democrats. BP donated a lot of money to them and that company has been on board with many of the items on the Obama agenda.

While BP has resisted some government interventions, it has lobbied for tax hikes, greenhouse gas restraints, the stimulus bill, the Wall Street bailout, and subsidies for oil pipelines, solar panels, natural gas and biofuels. Washington Examiner

BP has been on board for all of this and it lobbies the government for things that will benefit the company. Since it is on board with these items it is reasonable to assume that they will benefit the company.

BP is currently the whipping boy for the Obama regime and that might help Obama with his street creds but when the time comes he will have his hand out looking for BP money. When the time comes Obama will be looking for BP support for more of his agenda.

Obama has been slow to respond to the mess in the Gulf and his base is starting to see how he lacks the experience and leadership to handle a crisis and this has frustrated him. This is why he has ratcheted up his rhetoric and is looking for some “ass to kick.”

Don’t be fooled by these people. They are in the pockets of big and powerful companies and they are beholden to those who have helped them achieve power.

They can talk about how they are looking out for the little guy but little guys do not have the money required to get an audience with Obama and his Democrats.

Never surrender, never submit.
Big Dog

Gunline

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The New Crisis, Financial Reform

The Obama Regime is looking to pass financial reform to try to regulate the financial industry after the collapse of our system, a collapse that was the result, in part, of government regulations over the financial industry. The new rules will create a perpetual bailout system for financial entities deemed too big to fail. These organizations already knew they would be bailed out because they are in the pockets of the politicians. They get to be risky with their money and if it pays off they earn lots of money and if they lose we get stuck with the bill.

The SEC completed a 9 month investigation into Goldman Sachs and determined that the Wall Street giant engaged in deceptive practices. The announcement came just as Obama was pitching his new crisis that could only be resolved with government reform. This is not a coincidence. The announcement was timed to help Obama with the legislation.

Interesting thing though. Obama received almost 1 million dollars from Goldman. The big questions is, will he give it back?

I doubt he will and there is a reason. Goldman Sachs (as well as other Wall Street businesses) stand to actually benefit from the legislation that has been introduced. It is not beyond the realm that they are actually involved in getting it passed because they will benefit from it. Chris Dodd has his hands all over this and he has been such a sleazy friend of the financial industry that his corrupt dealings cost him his Senate seat. He will not run because his constituents are on to how corrupt he is.

This is another overreach by the government. It controls a large part of the country and it wants to control more. Reform is needed just like it was in health care but the Obama idea of reform is to completely takeover an idustry.

We need to stop the madness and we can do that in November.

Related:
New York Post

Never surrender, never submit.
Big Dog

Gunline

[tip]If you enjoy what you read consider signing up to receive email notification of new posts. There are several options in the sidebar and I am sure you can find one that suits you. If you prefer, consider adding this site to your favorite feed reader. If you receive emails and wish to stop them follow the instructions included in the email.[/tip]