Taxpayers To Buffett: Get Over Yourself
by Big Dog on Sep 24, 2010 at 16:54 Political
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.
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Tags: anger, bailouts, goldman sachs, warren buffett
Buffett is a self-made man. Thus, he should be aware of the critical barrier to growing rich that the tax laws constitute. He should also be aware of what deficit spending does, albeit indirectly, to the value of the dollar.
I think he is aware. I think he’s joined the ranks of the haughty elite, who actively dislike the idea of more rich Americans, and therefore favor the erection and maintenance of barriers to the accumulation of wealth.
Of course, our leftist friends will happily march alongside him, chanting the Gospel of the Fixed-Size Economic Pie, but that’s to be expected. Their hatred of the free market and limited government, their enormous, would-be-commissar’s self-importance, and their inability to grasp the lessons of history could lead to nothing else.
Perhaps Warren has forgotten that, while he may be smart in the market, it does not make him all- knowing- and perhaps the part he forgot was what it was like to be “the common man”- when you spend so much time in rarified air, you learn to breathe the thin air up there, and tend to forget that the air, and troubles, tend to be heavier the closer to the bottom one may be.