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Buffet (Warren, not Jimmy) on the federal debt

Posted: August 19th, 2009, 5:55 am
by dolfan
Now, this is what he says:

“Once recovery is gained, however, Congress must end the rise in the debt-to-GDP ratio and keep our growth in obligations in line with our growth in resources,” Buffett said. “With government expenditures now running 185 percent of receipts, truly major changes in both taxes and outlays will be required. A revived economy can’t come close to bridging that sort of gap.”

Not 60 days ago, he said our best days were ahead. Even this well-respected genius of a man has imbibed in the Obama Kool-Aid for so long that he can't even make up his own mind about how much to stand behind him. Clearly having it both ways. Guess that's what a few dozen billions of dollars will buy you --- the ability to talk from both sides of your mouth with a straight face.

Re: Buffet (Warren, not Jimmy) on the federal debt

Posted: August 19th, 2009, 8:22 am
by Paully_44
dolfan wrote: Guess that's what a few dozen billions of dollars will buy you --- the ability to talk from both sides of your mouth with a straight face.


Does this mean all politicans are billionaire's? :wink:

Posted: August 19th, 2009, 8:37 am
by MacUser
Our Homeland Security Chief, Bennie Thompson... used to run into my Mustang with his 80s Cadillac as he tried to park illegally on a downtown corner street.. ( where nobody is supposed to park - ticket zone etc ). Messy, overweight and unkept appearance as he stumbled into his office.

The guy had a hole in the wall office. You can smell the old panelling now. He was broke and bankrupt when he was elected. Now he jet sets around on Tax Dollar Jets and is worth MILLIONS. Several houses or mansions all over.

Evidence on his money funneling was collected against him in Jackson MS sheriff offices. The day before it was released.. all of it VANISHED.

Eject Them ALL. Single Term of 2 years without all the benefits would stop this.