Buffett is my hero

[blazerboy30]

Neither will locking up more murderers.

Sometimes you do something just because it's the right thing to do.

HAHAHAHA!!! Let's raise peoples' taxes out of principle, even though it won't accomplish anything. It's the right thing to do to take more money from people. HAHAHAHA!

Thanks for helping to kickstart my day with a good laugh.

 

[blazerboy30]

I'll make a deal with this government. I'm willing to restore the Clinton tax rates if we can restore the inflation-adjusted Clinton spending levels. Does anyone think the Obama Administration would take that deal?

I'll take that deal.

 

[Denny Crane]

Your use of AGI makes your arguement worthless.

There are billionaires with good accountants who have an "AGI" smaller than the average American.

Your "another $1M in taxes from those 8,274 people" is laughable too as many of them should be paying many, many multiples of that amount.

Look at Buffett who paid $8M in taxes. He's at the very top end of the scale, and if you doubled his taxes it wouldn't pay for a few seconds' worth of deficit spending, and it certainly wouldn't do the economy any good. You confuse wealth with income, and we don't normally tax wealth.

Obama did it when he stole GM from it's owners and creditors to give it to the unions, but that was a first.

If we continue down that path, some agent of the government will confiscate your house so the govt. can use the money from selling it for pennies on the dollar to give to the Chinese.

 

[Paxil]

Look at Buffett who paid $8M in taxes. He's at the very top end of the scale, and if you doubled his taxes it wouldn't pay for a few seconds' worth of deficit spending, and it certainly wouldn't do the economy any good. You confuse wealth with income, and we don't normally tax wealth.

Obama did it when he stole GM from it's owners and creditors to give it to the unions, but that was a first.

If we continue down that path, some agent of the government will confiscate your house so the govt. can use the money from selling it for pennies on the dollar to give to the Chinese.

Well then I guess Bush started us on the wrong path when he bailed out the savings and loans and the airlines.

 

[blazerboy30]

Well then I guess Bush started us on the wrong path when he bailed out the savings and loans and the airlines.

Cool story, bro.

Now can we stop blaming Bush yet?

 

[Paxil]

Story? It is fact... and it is a fact that under Obama's watch we also bailed out auto industry... which Denny implied in this thread stated would put us down the path to Socialism.

Denny also missed the fact that Bush approved the initial bailout of GM and Chrysler for 17 Billion (which didn't work by the way... and had we allowed them to go bankrupt it would have a massive payout to their debtors) And Denny also said

Obama did it when he stole GM from it's owners and creditors to give it to the unions

What? The employees don't own GM... the US goverment does and GM is trying to reaquire it. Also... the employees gave up 20 BILLION in retirement benefits that were owned them from GM as part of the reorganization.

 

[bluefrog]

So ... Buffet has the ability and means to voluntarily pay more in taxes, yet until he is forced to, he'll hoard his money and pay himself a joke of a salary.

kthnx

Buffet is an idiot who destroys companies' stocks and picks at the derivatives.. So is Obama for using Obama as his "rich guy" example in the NYT.

You need to calculate what the deficit is, and what it will be after this ego-stroked tax hike.

Buffet is a moron and thinks our credit should be rated AAAA.

So... if he's so stupid, why aren't you guys rich? And why are both of you unable to spell his name correctly?

barfo

HAAAAAAAAAAAAAAAAHAHAHA HA HA!

 

[Eastoff]

This seems relevant.

source
http://chainsawsuit.com/2011/08/16/the-well-coddled/

 

[Eastoff]

I'll make a deal with this government. I'm willing to restore the Clinton tax rates if we can restore the inflation-adjusted Clinton spending levels. Does anyone think the Obama Administration would take that deal?

I'm curious how that would look. I have a feeling the tax rates would not account for as much revenue, and thus the adjusted spending levels would leave a larger gap.

 

[Denny Crane]

Story? It is fact... and it is a fact that under Obama's watch we also bailed out auto industry... which Denny implied in this thread stated would put us down the path to Socialism.

Denny also missed the fact that Bush approved the initial bailout of GM and Chrysler for 17 Billion (which didn't work by the way... and had we allowed them to go bankrupt it would have a massive payout to their debtors) And Denny also said



What? The employees don't own GM... the US goverment does and GM is trying to reaquire it. Also... the employees gave up 20 BILLION in retirement benefits that were owned them from GM as part of the reorganization.

Reagan bailed out Chrysler, but creditors and shareholders weren't wiped out. Ditto some of the banks, who've paid back the loans. GM was a very different kind of deal, and a dangerous kind of deal at that.

Under no circumstances should the govt. own stock in a public corporation. You REALLY don't want lefties to tell car makers to make all electric cars any more than you want righties to tell them to stop making them. We certainly don't want govt. picking winners and losers, and we don't want to see our 401K or other investments taken by govt. on a whim and given to someone else.

The GM deal was wrong on every level.

 

[MickZagger]

Random internet posters are more knowledgeable about what will get us out of the problem were in. Guys like Buffett and Schultz know nothing.

 

[barfo]

GM was a very different kind of deal, and a dangerous kind of deal at that.

I understand why you don't like it on philosophical grounds, but I don't see the "danger".

Under no circumstances should the govt. own stock in a public corporation. You REALLY don't want lefties to tell car makers to make all electric cars any more than you want righties to tell them to stop making them.

You are right, I don't want that, but I don't think it is the end of times if it happens.

We certainly don't want govt. picking winners and losers, and we don't want to see our 401K or other investments taken by govt. on a whim and given to someone else.

If GM was the beginning of some slippery slope towards communism, Obama would have taken over other corporations by now. He hasn't. And the government is busy selling our stake in GM. This was an exceptional situation, not the blueprint for all future corporations. It seems to have worked out pretty well.

The GM deal was wrong on every level.

Except on the practical level of trying to keep the economy from crashing and unemployment from being even worse. But, who cares about reality? It's rigid adherence to principles that matters in today's world.

barfo

 

[huevonkiller]

So... if he's so stupid, why aren't you guys rich? And why are both of you unable to spell his name correctly?

barfo

The S2 spellchecker thing is how I normally correct my spelling. Lol you think you're so cute.

barfo you're not capable of staying on subject, I've asked you plenty of relevant questions and you give me some BS about how his company has done well. His public sector speculating hasn't, stfu now.

 

[huevonkiller]

Random internet posters are more knowledgeable about what will get us out of the problem were in. Guys like Buffett and Schultz know nothing.

Presidents and CEOs are never wrong, silly us. Yeah that's why Obama's approval rating has lowered, because the nation doesn't think he is failing.

Btw that's not a real argument, you're scared of having to defend your position with statistics.

 

[huevonkiller]

HAAAAAAAAAAAAAAAAHAHAHA HA HA!

Dude you need to deepthroat me. You've made spelling errors before, relax.

 

[barfo]

The S2 spellchecker thing is how I normally correct my spelling. Lol you think you're so cute.

Yes, yes I do.

barfo you're not capable of staying on subject,

Interesting assertion. I've never been accused of that before.

I've asked you plenty of relevant questions

Have you? I'm sorry I'm not able to respond to such well-phrased questions as , but the fact is I can't understand what you are trying to say a lot of the time.

and you give me some BS about how his company has done well. His public sector speculating hasn't, stfu now.

Well, if I've got to pick an economics expert between you and Buffett, I think I'm going to go with Buffett. It's true that he has little public sector experience, but you probably don't either.

barfo

 

[The_Lillard_King]

Well hell, if raising taxes does nothing to the debt, then lowering taxes should do nothing to the debt.

 

[Denny Crane]

Well hell, if raising taxes does nothing to the debt, then lowering taxes should do nothing to the debt.

$1000 in extra tax from all 140m tax filers gets you a 10% reduction in the deficit.

 

[huevonkiller]

Yes, yes I do.

But you're a failure though. You've bombed every time anyone brings up the real issue, which is spending.

Interesting assertion. I've never been accused of that before.

You have a cowardly perspective because you don't want to answer tough questions.

You constantly shift the discussion like Buffett does, away from your failed spending sprees.

Have you? I'm sorry I'm not able to respond to such well-phrased questions as , but the fact is I can't understand what you are trying to say a lot of the time.

Barfo, you are almost a 100% Obama supporter. You don't even know why you suddenly "disapprove" of him now, and your positions are stupid if you don't know what happened in Greece. Sorry but your policies have caused disaster everywhere.

Well, if I've got to pick an economics expert between you and Buffett, I think I'm going to go with Buffett. It's true that he has little public sector experience, but you probably don't either.

barfo

barfo Clinton doesn't agree with you, he thinks (not me) you're a retard dumbfuck. How about that for leadership?

Hah, what the fuck are you going to say to actually support your point?

 

[huevonkiller]

Well hell, if raising taxes does nothing to the debt, then lowering taxes should do nothing to the debt.

Well that depends, our level of government is unsustainable and pointless to try and support.

 

[huevonkiller]

There are plenty of public sector experts that disagree with Dems, and loyal sheep like Buffett.

You're getting desperate I love it.

 

[barfo]

But you're a failure though. You've bombed every time anyone brings up the real issue, which is spending.

You're a coward because you don't want to answer tough questions.

You constantly shift the discussion like Buffett does, away from your failed spending sprees.

Barfo, you are almost a 100% Obama supporter. You don't even know why you suddenly "disapprove" of him now, and you're stupid if you don't know what happened in Greece. Sorry but your policies have caused disaster everywhere.

barfo Clinton doesn't agree with you, he thinks you're a retard dumbfuck. How about that for leadership?

Hah, what the fuck are you going to say to actually support your point?

So those are the tough, relevant questions you wanted to ask? I guess I'm going to say: whatever, dude.

barfo

 

[MickZagger]

There are plenty of public sector experts that disagree with Dems, and loyal sheep like Buffett.

You're getting desperate I love it.

You sound like a 'pinhead' with your 'pithy' comments. To think random internet right-wing blowhards who post on a message board know more than someone like Buffett about what it takes to get out of this mess is comical.

 

[huevonkiller]

You sound like a 'pinhead' with your 'pithy' comments. To think random internet right-wing blowhards who post on a message board know more than someone like Buffett about what it takes to get out of this mess is comical.

Well we are kind of trash talking each other so that's the point genius.... Barfo is not interested in a real discussion. I like Machiavelli and his novel "The Prince", so I don't give a fuck what you think. I don't respect your views because they are lazy.

Saying this and this guy is famous so listen to him, is weird and shows no guts. Come up with an actual objective defense.

 

[huevonkiller]

So those are the tough, relevant questions you wanted to ask? I guess I'm going to say: whatever, dude.

barfo

Yeah all over the board, chill you're not that slick.

 

[blazerboy30]

You sound like a 'pinhead' with your 'pithy' comments. To think random internet right-wing blowhards who post on a message board know more than someone like Buffett about what it takes to get out of this mess is comical.

Seriously, dude. Do the math and think for yourself. Please tell me how much you would like to raise taxes on people making over $1M, and how much that would add to the federal revenue, assuming GDP remains constant.

 

[huevonkiller]

Seriously, dude. Do the math and think for yourself. Please tell me how much you would like to raise taxes on people making over $1M, and how much that would add to the federal revenue, assuming GDP remains constant.

The problem is they never have a plan, their policies are purely subjective and hopeful.

 

[MARIS61]

Originally Posted by maxiep

I'll make a deal with this government. I'm willing to restore the Clinton tax rates if we can restore the inflation-adjusted Clinton spending levels. Does anyone think the Obama Administration would take that deal?

I'll take that deal.

Glad to see you both finally admit Clinton was the Schniz and Bush put us where we are.

 

[huevonkiller]

No one is trying to give Bush a pass we don't even like him for the most part.

 

[MARIS61]

People want simple solutions and want others to pay for it. We keep hearing about "shared sacrifice", yet the only people who are demanded to sacrifice are those who can pay "just a little bit more".

Because everyone else has already sacrificed more than is humanely fair.

You're The Tin Man, The Scarecrow and The Cowardly Lion all rolled into one.