President Obama, echoed by the establishment media, routinely trumpets Warren Buffett’s support for higher taxes. If this rich guy is willing to pay more, the story goes, then surely the rest of us peasants should just roll over and acquiesce to the President’s class-warfare tax policy. Well, one reason we shouldn’t surrender is that Buffett [...]
Continue reading Is Warren Buffett’s Support for Higher Taxes a Way of Paying Back Politicians for Big-Government Policies that Line His Pockets?
President Obama, always on the campaign trail, is now on the road trying to explain why his class warfare strategy is not class warfare. In his State of the Union address, he once again invoked the “Buffett Rule”, which is little more than a fig leaf to allow Obama to raise taxes. But what [...]
Continue reading What’s the Buffett Rule on Spending and Investing?
I’ve written before about how some leftists have a masochistic desire to pay higher taxes. I’ve also exposed Warren Buffett’s dishonest math, which is part of his campaign for bigger government. And I’ve even debated rich statists on TV, telling them not to make the rest of us victims of their neurotic guilt feelings. So [...]
Continue reading Rich Statists Exposed as Complete Hypocrites
When does the decent interval end? When does the clock run out on giving the president the benefit of the doubt and when is it time to call it as you see it, no holds barred? President Obama is losing on all fronts. If he wants to survive he needs to do what Democrats [...]
Continue reading The Buffett Rule Lie
Two news items yesterday, when put together, start to tell an interesting story. Warren Buffett invested $5 billion in Bank of America in a private sweetheart deal that will guarantee him a 6% return (that’s $300 million per year) and he is hosting a fund raiser for Barack Obama in New York where the tickets [...]
Continue reading Warren Buffett (Nitwit From Nebraska): Crony Capitalist