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Buffett's Betrayal

Considering his wealth, he lives very modestly. Unlike many he is not generations of trust babies, he is giving the bulk of his estate to charity.

Anyone who says Buffet does not have integrity is not considering all factors. He is not Christ or a pretend to be Christ. He is a brillent hard nosed investor.

On Aug 05 03:42 PM Hephasteus wrote:

> Buffet doesn't have integrity. He's just a really good sympathetic
> magician using the folksy approach. I say we beat him and hang him
> on a cross and see if people are still crying about him 2000 years
> later. That's the only way to know if you're a sympathy whore or
> not and how good at it you are. It's really up to you to learn to
> not give a crap about him or his investments or what he thinks or
> what "approach" he's using. Having power always has and always will
> be abused. The sympathy and too much support always lead to betrayal.
> The problem is that nobody can really care about more than a few
> people. So we are in a sense evolving towards bigger and better and
> more refined sociopaths. Whether those sociopaths take the political
> or financial or music/movie industry route it doesn't matter.
>
> If buffet had half of a quarter of a brain or conciousness he'd realize
> that the economy is going nowhere for quite some time and simply
> give his money to the poor and go away. But that's not very sociopathic
> so that won't happen.

Cuomo vs. Merrill: Piling It On

In my view Cuomo is like his predecessor. A political hack with one interest only, advancing his career. The persons with no morallity are the elected officials. The seeds to our crises were planted and nurished by politicans not the banks. This not to say banks do not share the blame.

The Obama Stimulus Plan: Just Say No

The "stimulus" is not a stimulus plan but a big pork program advancing socialism. To stimulate the economy we need tax cuts, not rebates, and spending that is not built into baseline budget. For long term growth the government needs to be reduced not expanded.

The Honeymoon Is Over: Gauging the Market with an Obama Presidency

#4 should be, will it help Obama advance his Marxist agenda.

The Honeymoon Is Over: Gauging the Market with an Obama Presidency

C.S. Jefferson would hate to think that Obama would put the political interest of his party before country. In my opinion Obama will make decisions based on the following crtiteria: 1) does it help Obama 2) does it help Obama 3) can he blame his oponents and 4) will it help Obama adva

Did Lack of Regulation Create the Subprime Mortgage Crisis?

above should end with large paychecks.

Did Lack of Regulation Create the Subprime Mortgage Crisis?

All that is being accomplished is to kick the can down the road. Until Fannie and Freddie are reorganized and stripped of all implied government backing the problem cannot be solved. Further, the CRA needs to be revisted. Home ownership is not an entiltlement. The Federal government has used Fannie, Freddie and the CRA a welfare programs. Further, Fannie and Freddie and their officers should be held to the same standards as public companies. Enron officials went to prison for cooking their books. These officers received large

Unfortunately, There's an "I" in BRIC (and a "C")

The comments seemed to simply be an obervasion and not an analysis or recommendation.