Buffett's Partner: 'It's Over' for U.S. Economy

Discussion in 'Economics' started by WallStWhizKid, Feb 22, 2010.

  1. That is exactly right. Big money is absolute power. Absolute power corrupts absolutely.
     
    #21     Feb 22, 2010
  2. clacy

    clacy

    Watch for the Republicans to sabotage Ron Paul in the coming two years.
     
    #22     Feb 22, 2010
  3. Why did Buffet and Munger invest in Goldman Sachs, or Salomon Brothers? They like the casino! The house always wins! How about they actually DO something instead of complaning.

    How many of Buffet's billions are going in America? Maybe there's a promising development fund that need money, or maybe a new fund that develops responsible companies or whatever. But no, the money that Buffet made off the back of the US economy is going to Africa.
     
    #23     Feb 22, 2010
  4. Ron Paul had a chance to stop the bailout dead in its tracks - and he chose not to. He interest was in voting against a bailout that passed, than in actually stopping the bailout. He is a politician like any other, and most definitely not the answer.
     
    #24     Feb 22, 2010
  5. the whole system needs to be changed, it is not the D's or the R's or the l's or the c's all of them are just different clowns in the same circus. when the public realizes this ,which they never will ,it is over. as long as they keep us divided on the main issues they are able to control us,
     
    #25     Feb 22, 2010
  6. I wasn't aware of this. No disrespect intended, but exactly how is it that he could have stopped the bailout dead in its tracks?
     
    #26     Feb 22, 2010
  7. pspr

    pspr

    General Petreas. He's the only one I've seen who knows how to make a viable plan and make it work. Plus I don't think he will lie through his teeth like the politicians we see now.

    The only other choice I see is to disolve the government and start from scratch with all new elections for every office after disbanding all federal government entities except the military and a few other necessary services. Let the Constitution be your guide.
     
    #27     Feb 22, 2010
  8. Hu Jintao is the man for the job.

    A dictator is the only thing that can save us.
     
    #28     Feb 22, 2010
  9. After I read the previous posts, I can't help reaching the same conclusion: the Americans are really really really stupid!

    Why? This is the reason: someone (Charlie Mango) who has some ulterior motive said US economy is over, then you idiots all agreed and decided that a 1960s bigot/racist (Wrong Paul) should be the president.

    The fact is: the US economy is as solid as before. Nothing is wrong. The only thing that is wrong is Berkershit's options gamble on Dow going above 14,000. That's right, Dow will not go above 14,000 in the next 10 years and Berkershit will be bankrupt!

    Seeing that Berkershit's gamble has failed so far, Panda Buffet and Charlie Mango have eagerly crawled out of their Omaha mama's holes and tried to prop up the stock market.

    Remember Panda Buffet just expressed "strong confidence" in American economy by buying a railroad (Frankly, I don't know what the hell has got into his senile head and prompted him to buy a railroad. Must be the reason that 50% of his brain cells have died. This is true: neurologists will tell you that a person over 75 years old usually has 50% brain function).

    But anyway, what a contradiction! Mango Fruit said economy is over, Spring Roll Buffet said economy is booming. Fuck these two senile zombies! One zombie (Sushi Buffet) tries to prop up the market, the other zombie (Mango) simply gives up.

    And fuck you idiots who are so gullible and buy Mango's fear-mongering!
     
    #29     Feb 22, 2010
  10. What is this gamble you mention?
     
    #30     Feb 22, 2010