“President Barack Obama met billionaire philanthropists and businessmen Warren Buffett and Bill Gates on Tuesday for a conversation that touched on how to expand the economy, the White House said,” Reuters reports.
MacDailyNews Take: Asking a thief and a famed investor (who ought to know better, but may be more than a touch batty nowadays) for economic expansion advice? What advice did Gates offer, “Copy Apple and illegally abuse the resultant monopoly, it worked like gangbusters for me?”
Reuters reports, “Gates’ wife Melinda was also at the meeting, which focused on an initiative to encourage the wealthiest Americans to give the majority of their wealth to charity.”
Full article here.
MacDailyNews Take: Oh, for Jobs’ sake. Note to Melinda the former MS Bob manager and the rest of the esteemed panel: No economy has ever been driven by having the “wealthiest give the majority of their wealth to charity.” It’s patently unsustainable.
That said, if Gates and Buffett want to give all of their vast wealth to the U.S government to pay down the national debt, by all means have at it! Let’s see… that’s $45 billion for Buffett and – wow! – $54 billion for Gates, so that’s $99 billion to subtract from $13.853 t-t-t-trillion *gack!* or, in other words, Bill Gates’ and Warren Buffett’s entire fortunes combined are a meaningless drop an ocean of U.S. debt plus there’s the added bonus that two more potential job producers will be broke and therefore no longer able to produce jobs. Wonderful. Great idea, Melind! Sheer genius.
Fredo,
You lie.
In 2010, Gallup finds 42% of Americans describe themselves as either Very Conservative or Conservative. This is up from the 40% seen in 2009 and contrasts with the paltry 20% calling themselves Liberal or Very Liberal.
http://www.gallup.com/poll/141032/2010-Conservatives-Outnumber-Moderates-Liberals.aspx
Amid the Democrat-controlled Congress’ lame-duck session, 13% of Americans approve of the job it is doing, the worst Gallup has measured since it began tracking congressional job approval in 1974.
http://www.gallup.com/poll/145238/Congress-Job-Approval-Rating-Worst-Gallup-History.aspx
America is a center-right country. They do not like having leftists trying to run the country (into the ground).
I heard that Melinda was slobbing on the old Obama knob under the table.
Great link Robert Gates! Exposes that dirt ball Warren Buffett for sham he is. He’s gaming the system and US population for his own personal gain while pretending to be supposedly helping poor people. The route to help poor people is entirely the wrong way to do it. Get government and unions out of our hair, create a vibrant free market that creates jobs for everyone. Help only the truly destitute. You liberals suck.
I heard that Melinda was slobbing on the old Obama knob under the table.
And you’re jealous.
Cheer up, you can let Mitch McConnell slip you a length whilst Lachrymose John Boehner whispers sweet nothings in your ear.
Running out of ideas or not having one in the first place.
Unbelievable, asking around. It only shows lack of capability.
That is what happens when a lawyer gets to be president of a country. It is not up for the huge important job of governing.
Next!
Here are some ideas…..
Do not attack or criticize or much less blame those who own the money. Oh wait, you already did that.
Do not spend more than you earn or more than necessary. Oh wait, you already did that.
Do not rise taxes. Oh wait, are you thinking on doing that?
Ok, let’s try this one…. Forget about expanding the economy; first try not to screw it up and then you try to figure how to expand it. OK?
For someone who does not understand the most basic principle of economics, you know, there’s nothing much we can do for you.
Next!
Everyone should read The Law by Frederick Bastiat. Hard to argue against anything in that book written over 150 years ago.
http://www.amazon.com/The-Law-Kindle-Edition-ebook/dp/B002WYJQD4/ref=sr_1_5?ie=UTF8&m=AG56TWVU5XWC2&s=digital-text&qid=1292657096&sr=1-5