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  1. #31
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    Quote Originally Posted by Beefeater View Post
    Of course Buffett supports higher taxes on the rich. Buffett relies on the government to provide him with business opportunities (to profit from the losses of the poor) where he wouldn't have them in a more free market economy.

    Taxes are more like a finder's fee for him and his ilk.
    So you're saying people like Buffet are underhanded predators while people like Mitt Money are the true champions of the common man? I read many articles like that. They are grabbing at straws to discredit Buffet.

  2. #32
    LL P. Stewie Beorn's Avatar
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    Quote Originally Posted by Not_Me View Post
    So you're saying people like Buffet are underhanded predators while people like Mitt Money are the true champions of the common man? I read many articles like that. They are grabbing at straws to discredit Buffet.
    LOL. Mitt might not be a billionaire, but I do not think mitt is the champion of the common man.

    Grabbing at straws???

    You don't see a problem with providing government secured loans to bankers so that they can create an artificial housing bubble then bailing out the bankers after the market collapses then selling back the foreclosed homes to bankers and billionaires at a steep discount creating a nation of renters?

    At each and every step of the process the super rich got richer and the poor got poorer and at each and every step the politicians claimed they were taking the step for the sake of the poor and common people.

    Buffett is going to profit big time on this. His potential millionaire tax is a pittance compared to the deal he's getting. That's not even considering what he already made off of TARP given that he had $13 billion invested in Goldman Sachs Group Inc., US Bancorp, American Express Co. and Bank of America Corp. All of which received TARP funds.
    Take the weakest thing in you
    And then beat the bastards with it
    And always hold on when you get love
    So you can let go when you give it

  3. #33
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    Quote Originally Posted by Beefeater View Post
    You don't see a problem with providing government secured loans to bankers so that they can create an artificial housing bubble then bailing out the bankers after the market collapses then selling back the foreclosed homes to bankers and billionaires at a steep discount creating a nation of renters?
    It is undoubtedly a problem, but it is completely irrelevant to Buffet's article about taxing the rich more fairly.

    Buffett is going to profit big time on this. His potential millionaire tax is a pittance compared to the deal he's getting. That's not even considering what he already made off of TARP given that he had $13 billion invested in Goldman Sachs Group Inc., US Bancorp, American Express Co. and Bank of America Corp. All of which received TARP funds.
    [/quote]
    Once again, this has no bearing on whether his opinion on taxing the rich is credible or not.

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