HARM

Warren Buffett on Goldman Sachs and the Financial Bailout Package

johndough110,

Wow, thanks for the reality check. I had no idea that you had the gift of flawless prescience --which you obviously possess, or you could in *no way* be 100% sure that Paulson's naked bailout for his rich buddies will "save" the economy. Or be 100% sure that *not* passing it will result in "bread lines" and consequences "much worse than any of us can imagine" (no fear-mongering going on here!).

I mean, it would obviously be the End of the World if reckless greedbags actually had to suffer the consequences of their own bad decisions, right? I mean that's soooo capitalistic (vs. the reverse-socialism, a.k.a. feudalism, so in vogue these days).

And thanks for reminding me that --more than anything else-- what Americans need right now is *more leverage*. God forbid Bernie & Hank's endless cheap-money spigot ever get turned off and debt-addicted spendthrifts have to start (*gasp*) living witin their means! No HELOC-bought plasma, matching his'n'her gov't subsidized Hummers, $0-down neg-am NINJAs (The horror...).

Oh, and you are *so* right about Buffett. The world's richest man is really "sticking his neck out" risking... basically pocket change for him. Foolish of me to take umbrage at the fact he's trying to profit by basically blackmailing and then raping the U.S. taxpayer.

Shame on me, I guess.

Warren Buffett on Goldman Sachs and the Financial Bailout Package

Oh, wait --I forgot. Buffett and his shareholders will earn gazzillions with his cynical (yet, like, totally shrewd) deal by inciting panic and economically blackmailing people like me. That excuses everything --he's totally a totally cool "alpha" male. My bad...

Warren Buffett on Goldman Sachs and the Financial Bailout Package

Wow, I just lost a great deal of respect for Buffett after reading that. At the end of the day, he's just another ruthless corporate merc, *demanding* (not asking) for his bailout windfall profits from taxpayers. Reverse Robin Hood --with Dr. Evil-style economic blackmail thrown in for good measure ("Bail us out right now or we'll destroy the economy for everyone!").

At the end of the day, he's just another narcissistic, greedy thug with zero concept of kinship with or loyalty to regular, working-class Americans. Just like every other Wall Street greedbag. Sad.