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Why is Warren Buffett a Hero?

How do you feel about using 700 billion tax dollars to "bail out" Warren Buffett?

  • Warren Buffett just made a deal to buy 6 billion in stock in GE. He also made a deal with goldman sachs for 5 billion. Both of these companies have liquidity problems and will benifit from the bailout. If the bailout is passed, the stock value will increase and Buffett will make billions. Why are we using our tax dollars to make Warren Buffett richer than he already is? If you are looking for real change, vote the bums out. Vote third party or you sheeple will keep getting screwed.

  • Answer:

    Warren Buffet is one of the biggest philanthropists on the planet, he's not like those other greedy mofos. I wouldn't mind bailing him out.

sheeple8... at Yahoo! Answers Visit the source

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I wish a 3rd party candidate were electable. I'm writing in Ron Paul this year. I'm sick of choosing between the lesser of two evils that support the Corporate Oligarchy. Lets see do we listen to the so called experts who got us into this? and go for the bail out. Or the ones who warned us it was coming? i.e. Ron Paul Eliminate the fed and put them in jail for fraud.

Warren Buffet is a smart man that has said thanks to Bush he pays less money in taxes (as do his rich friends) then his Secretary. It is no wonder McCain wants to keep the same tax plan, it could be why he has millions himself. Buffet has said if any of his friends can prove their secretary pays more in taxes then they-people like him , he will give them a million dollars. Speaks much for confidence not to mention more truth then people like him will admit! No more pain with McFalin!

Yeah, great and guess who Buffet is endorsing?

*sigh* This isn't a Wall Street bailout. It's a bailout of the American economic system from a problem that Wall Street created. Buffett doesn't need bailing out. What's at stake here is the credit market ... your ability to get a loan, your employer's ability to make payroll, your grocer's ability to stock shelves, the everyday things that you won't think about until the entire economic system collapses under your feet. Trust me, this bill stinks, but doing nothing would be a lot worse. I just wish people understood that.

It's a great deal for Warren who always takes the three-year-out view. The $700 Billion Bailout is an unnecessary act, the financial analog of the patriot act. Further, like then, they’re putting forth a false dichotomy. There are other solutions. Deregulation is directly responsible for this crisis. Giving $700 Billion to the same miscreants who got us into this mess and managed by the same administration that gave billions to Oil and wrote a “no negotiation” clause in Medicare Part D is an absolutely crummy idea. It’s not a bailout. It’s a handout.

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