Comments on: Warren Buffett Calls for Second Stimulus
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- BUFFET KNOWS NOTHING! He needs to stick to singing songs about margaritas!
Oh, wait... he is the RICH ONE! Jeeeeeez, maybe he knows what the H is going on. More so than ANYONE HERE, wouldn't you say? - Reply to this comment
- He's no Warren Moon ...............
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- Something tells me that Warren has some investments that need to be bailed out just like last fall and this spring. AIG gets bailed out so they can pay off Buffet's companies the amounts owed. Yep, just add another $1,000 to my U.S. debt bill so good old Warren can add $1,000 to his stock price. The poor guy, how does he survive on only $45 billion of net worth. Maybe we should all send him a dollar so he has lunch money.
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- LOL I think "Trickle Down" Economics helps Mr. Buffet and the Wealthy MUCH more than any stimulus don't you?
- How much money do you think the various entities owned by Mr. Buffet were owed by AIG and other companies bailed out last year? How much money did Goldman Sachs receive from AIG once we bailed them out? Everyone hollered at AIG about their bonuses. No one said a peep about Goldman Sachs. You want to know why? Run by democrats. Of course we should never complain when democrats make money. Only when republicans (the filth they are) get money, right?
- Since Buffet is one of the wealthiest Americans, I don't know offhand that his basic impulse is to look with favor upon the interests of the lower classes in matters of economic policy. I do feel, however, that he is one of the more enlightened wealthy who do not begrudge the economically underprivileged a break and do not see income distribution as a zero-sum game. Meaning, what's good for the economy is good for the wealthy, not just the poor and middle-class.
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- Good idea, lets print some more money and have another bailout.
Perhaps this time we can use a little of the money to create some living wage jobs - Reply to this comment
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- A bailout is when the federal government transfers money from the working class to the wealthy class.
A stimulus is when the federal government transfers money from the working class to the wealthy class.
Understand the difference now?
- Bad idea. This stimulus money being poured into roads and transportation infrastructure isn't creating many new jobs. Most of these repair and rebuild projects have been on the shelf waiting for funding for 8 years.
The stimulus Morgan Buffet wants is a selfish call to stoke his money pipes so he can grab even more green. His idea of national economy doesn't go much further than his bank account.
- A bailout is when the federal government transfers money from the working class to the wealthy class.