Tag: Warren Buffett

Warren Buffet gots da blues, gots dem billionaire blues!

The world’s second or third richest man (depending on the day of the week) is singing away in the New York Times about how the ultra-rich should have the snot taxed out of them.

The world’s second or third richest man (depending on the day of the week) is singing away in the New York Times about how the ultra-rich should have the snot taxed out of them.

buffett-sings-blues
"I gots the blues, the billionaire blues, I gots the silly old white man billionaire blues."

From the official newspaper of record:

“Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office.”

Warren thinks the ultra-rich aren’t taxed enough and that they should be taxed more even though corporations already tired of 35% tax rates are relocating to places like Switzerland with 15%-16% tax rates. Will the ultra-rich be next?

When is someone going to get the right idea and lower taxes like JFK in the 60s? Lower taxes and the ultra-rich and corporations will be happy to stay in the USA. Missing jobs and tax money will reappear and the economy will pick up.

If you’re so patriotic, Warren, why don’t you write a check to Uncle Sam for a few billion and get your ultra-rich buddies to write them, too?

Why not a flat-tax, Warren? Then everyone would pay fairly!

Hit it, Warren: “I got dem billionaire blues, ’cuz I’m rich I be tellin’ everbody what to do, even if it makes me look like a fool, I got dem billioinaire blues.

– Written by CO2Insanity

Source: New York Times

Warren Buffett’s foolproof plan to wipe out the deficit

Warren Buffett says he could wipe out the deficit in five minutes. It’s a simple solution, really. All we have to do, according to Buffett, is set a budget cap and if it’s violated, fire Congress.

Warren Buffett says he could wipe out the deficit in five minutes.

It’s a simple solution, really. All we have to do, according to Buffett, is set a budget cap and if it’s violated, fire Congress. It’s the old’ “If you guys won’t do it, we’ll find someone who will” plan.

Don’t look now, Mr. Buffett, sir, but that’s what the Tea Party is all about. Yet you hate the Tea Party and love Obama.

Sure, it’s inconsistent. But he’s the world’s third richest and fifth glibbest man, so let’s not expect consistency.

H/T: iOwnTheWorld.com

World’s richest man thinks ObamaCare is a big ol’
waste of money

Billionaire Warren Buffett, one of President Obama’s strongest supporters, thinks the current health-care bill should be ditched in favor of a new plan that focuses on “cost, cost, cost.”

Billionaire Warren Buffett, one of President Obama’s strongest supporters, thinks the current health-care bill should be ditched in favor of a new plan that focuses on “cost, cost, cost.”

Buffett accuses Obama of “dream[ing] up 2,000 pages of other things.”

“I believe in insuring more people, ” Buffett said, “but I don’t believe in insuring more people until you address … the cost aspect of this.”

“I don’t care what Warren Buffett thinks about healthcare,” Vice President Biden said, “But I have to admit that I love that Margaritaville song. ”

That thud you just heard was Warren Buffett throwing Obama under the bus

Warren Buffet has hopped off the Hope’n’change Express and thrown its driver under the wheels.

The tycoon, who lent Obama his economic credibility, told CNBC that he’s having second thoughts about his choice for president. Maybe even third ones.

A sizeable portion of Buffet’s wealth has evaporated since Election Day. So the world’s second-richest man had a few choice words about Obama’s handling of the economy and the administration’s cynical new mantra about a crisis being a terrible thing to waste. Naturally, the CNBC interview was promptly ignored by the rest of the dinosaur media.

Before launching into his criticism, Buffet made sure to offer a qualifying disclaimer. “I strongly support him,” Buffet said, “and I think he’s the right guy.” For some reason, Buffet couldn’t explain exactly why he still supports Obama. But never mind.

Then came Warren’s big BUT:

“…Job one is to win the war, the economic war. Job two is to win the economic war. And job three. And you can’t expect people to unite behind you if you’re trying to jam a whole bunch of things down their throat. So I would, I would absolutely say for the, for the interim, till we get this one solved, I would not be pushing a lot of things that are, you know, are contentious. And I also, I also would do no finger-pointing whatsoever.”

Note: the above quote begins at minute 15:45 in video.

We think he said “finger pointing” but it might have been “finger painting.” Because we’d all be a lot better off if Obama did more of the latter and less of the former.

I HATE THE MEDIA ™
Verified by MonsterInsights