"Buffett opposes Obama’s plan to impose levy on banks" by Andrew Frye and Betty Liu, Bloomberg News | January 21, 2010
OMAHA - Warren Buffett opposes President Obama's proposed levy on financial institutions because firms including Goldman Sachs Group Inc. and Wells Fargo & Co. already repaid bailout funds.
"I don't see any reason why they should be paying a special tax," said Buffett, the chairman and chief executive of Berkshire Hathaway Inc., in an interview yesterday. Supporters of the plan to tax the banks "are trying to punish people," he said. "I don't see the rationale for it."
I do, prick!
I hope you choke on all that loot, you greedy f***!!!!
"Look at the damage Fannie and Freddie caused, and they were run by the Congress," said Buffett. "Should they have a special tax on congressmen because they let this thing happen to Freddie and Fannie? I don't think so."
Oh, I'm for something a little more radical with them.
F***ing SICK of this S***!!!!!!!!!!!
Yup, it IS GOOD to be a BANKSTER, readers!!!
Wells Fargo, Goldman Sachs, and other beneficiaries of the bailout such as Bank of America Corp. and JPMorgan Chase & Co. repaid the money they got from the government. Fannie Mae and Freddie Mac owe about $110 billion, according to Bloomberg data. "Most of the banks didn't need to be saved," Buffett said. "Including Wells Fargo."
Oh, so the BAILOUT $$$ REALLY WERE ALL PROFIT!!!!
Before Congress approved the bailout in 2008, Buffett said he was making a $5 billion investment in Goldman Sachs because he expected the government to rescue financial companies. "If I didn't think the government was going to act, I would not be doing anything this week," he said on CNBC the day after announcing the Goldman Sachs investment in September 2008. "I might be trying to undo things this week. I am, to some extent, betting on the fact that the government will do the rational thing here and act promptly."
So WHAT INSIDE INFORMATION DID HE HAVE?
Or NONE at ALL because HE IS the INSIDE of the SYSTEM?
HE and HIS ILK CONTROL the POLITICIANS!!!
Goldman Sachs chief executive Lloyd Blankfein was among bank executives who testified last week to a panel created by Congress to examine the causes of the economic collapse. Blankfein defended his bank, the world's most profitable securities firm, against criticisms that the mortgage securities it sold helped trigger the meltdown. Buffett said Blankfein "has been the right man" to lead the company.
Yeah, they MADE MONEY by BETTING AGAINST the VERY MORTGAGE TURDS they CARVED UP and were selling!!! Thanks for the obfuscation, MSM!
Of course, he was just doing GOD'S WORK!
Related: The Galling Greed of Goldman SachsYup, that's how they MADE MONEY out of slices of s***.!
Obama and Congress are tapping into voter anger that the government bailout may be followed by record Wall Street bonuses as the country struggles with a 10 percent unemployment rate....
They think so do they? JUST AS ANGRY AT THEM, and MAYBE EVEN MORE SO! THEY are supposed to be BETTER then the BANKERS and LOOKING OUT for US instead of being in their f***ing pockets!!!!
Buffett held a fund-raiser for Obama and advised the future president on economic issues during his campaign.
And NOW HE'S GRIPING?!!!
And HOW in the WORLD can you TAKE OBAMA seriously?
Oh, btw, you can HAVE YOUR OWN SLICE of BERKSHIRE CRAP, 'murkn!
A VERY THIN SLICE!
"Small investors can buy into Buffett at lower cost" by Associated Press | January 22, 2010
OMAHA - Billionaire Warren Buffett has built his reputation as a savvy investor who spots quality businesses selling cheaply and either buys the stock or the whole company. Omaha-based Berkshire has investments in such companies as Coca-Cola Co. and Wells Fargo & Co., and owns more than 60 subsidiaries, including clothing, furniture, and jewelry companies. Its insurance and utility businesses typically account for more than half of its revenue.
And WHAT is with the GLOBE HACK JOB, huh, readers?
The company's prized Class A shares, which carry more voting rights and are not being split, are the nation's most expensive stock, at around $100,000 each. The Class B shares, dubbed "Baby Berkshires," are splitting 50-for-1 as a way to facilitate the company's plan to buy Burlington Northern Santa Fe Corp.
Oh, they want SMALL-FRY to PAY for their BUYOUTS, huh?
I look forward to dining on Buffett's entrails in hell.