Warren Buffett on Goldman Sachs and the Financial Bailout Package [View article]
I'm sure Buffett could personally care less about scaring you. The fact of the matter is that the inciting panic isn't being made up - it's the fact that you better panic if this plan isn't put in motion. I hate Wall Street crooks as much as the next guy, but in the reality of our situation without the bailout and no capital to run this country things will get much, much worse than any of us can imagine. This bailout is bailing US out, not just a few scumbags from Wall Street. And if a Buffett needs to infuse cash and ultimately make a profit, so be it. Unless you have 5 billion to throw around? Not to mention, Buffett's the one sticking his neck out there taking the risk - who else is doing this?
The bailout plan is our only hope at this point. We're backed into a corner and like it or not, this MUST be passed - or see you in the bread line..
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I'm sure Buffett could personally care less about scaring you. The fact of the matter is that the inciting panic isn't being made up - it's the fact that you better panic if this plan isn't put in motion. I hate Wall Street crooks as much as the next guy, but in the reality of our situation without the bailout and no capital to run this country things will get much, much worse than any of us can imagine. This bailout is bailing US out, not just a few scumbags from Wall Street. And if a Buffett needs to infuse cash and ultimately make a profit, so be it. Unless you have 5 billion to throw around? Not to mention, Buffett's the one sticking his neck out there taking the risk - who else is doing this?
Sep 25 01:01 am
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All Comments by sickofthehype »Warren Buffett on Goldman Sachs and the Financial Bailout Package [View article]
The bailout plan is our only hope at this point. We're backed into a corner and like it or not, this MUST be passed - or see you in the bread line..