tag:blogger.com,1999:blog-12703782.post2508244358570418925..comments2024-03-13T14:53:25.892-05:00Comments on Advance Indianaâ„¢: Warren Buffett Looking Out For Number OneGary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-12703782.post-74689150780088441072008-11-16T23:44:00.000-05:002008-11-16T23:44:00.000-05:00I find it ironic that in one paragraph, you critic...I find it ironic that in one paragraph, you criticize a company for making what was likely a prudent decision to exit a business, then in the next paragraph describe another business (GE) as being "poorly managed".<BR/><BR/>Your post really just seems to be sour grapes over Buffett's support of Obama. FWIW, I believe Buffett said before the election that either McCain or Obama would serve our country well as President even though he eventually went with Obama.<BR/><BR/>BTW, anyone with a lick of knowledge about GE knows that half of their biz is GE Capital.Adminhttps://www.blogger.com/profile/13131125676562940756noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-45643916317126763592008-11-15T12:57:00.000-05:002008-11-15T12:57:00.000-05:00Take Rahm Emanuel, Citizen Kane. The guy is a trus...Take Rahm Emanuel, Citizen Kane. The guy is a trust fund baby. He worked as a political hack in Chicago politics after finishing school. He lands a job at the Clinton White House. He leaves the White House at the end of Clinton's term and joins an investment banking firm. Although he has absolutely no prior business experience, he becomes a director for Freddie Mac. He makes about $16.5 million in two years as an investment banker and hauls a few hundred thousand more from Freddie Mac as a director. He is the epitomy of what is wrong with our country today. People are rewarded tens of millions, even hundreds of millions, in the business world for never creating a job, starting a business, meeting a payroll, etc. People who run successful, legitimate businesses in this country and work much harder never realize that much profit in their lifetime, let alone a 2-year period. As far as I'm concerned, people like Emanuel are thieves, pocketing the money of hard-working Americans for phony, paper transactions.Gary R. Welshhttps://www.blogger.com/profile/15185079937305083438noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-29343902073536698372008-11-15T10:50:00.000-05:002008-11-15T10:50:00.000-05:00Despite all of the love showered on the Sage from ...Despite all of the love showered on the Sage from Omaha by the media etc., he manipulates federal, state and local regulations and officials for his benefit. Nothing new here.<BR/><BR/>And despite all of the blather about fair and free markets, no such animal exists, and most extreme riches have resulted from immoral and unethical behavior if not downright fraud and thievery. Don't get me wrong, intelligence and hard work is involved as it takes a lot of effort to continuously engage in this type of behavior every day of one's life.Citizen Kanehttps://www.blogger.com/profile/17083803017411939029noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-91161937366227439352008-11-15T05:24:00.000-05:002008-11-15T05:24:00.000-05:00Good thing we have trillions in future income, and...Good thing we have trillions in future income, and the option to delay retirement by a year or two, or this would be bad news.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-43784204631348202782008-11-14T22:42:00.000-05:002008-11-14T22:42:00.000-05:00Buffet was on the panel of the nation wide Town Ha...Buffet was on the panel of the nation wide Town Hall Meeting that was simulcast in 400 theaters across the country at the premiere of I.O.U.S.A. I couldn't believe how practically giddy Buffet was on the panel that included former comptroller David Walker. <BR/><BR/>Neal Boortz was livid today. He was ranting about<BR/>The Heritage Foundation's report that we have $40 trillion in unfunded liabilities for social security and medicare. <BR/><BR/>They said if we DOUBLED income and capital gains taxes today, while eliminating all government agencies, there would still not be enough money.M Theoryhttps://www.blogger.com/profile/01892309818226431745noreply@blogger.com