Yeah he has his motivations, so you know why he's for it.
Question is, is he telling the truth? Do you think we'll ever find out? Do we want to find out?
Buffett
More fear mongering
Started by
dcengr
, Sep 28 2008 01:14 PM
8 replies to this topic
#1
dcengr
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Posted 28 September 2008 - 01:14 PM
Qui custodiet ipsos custodes?
#2
humble1
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Posted 28 September 2008 - 01:39 PM
you are exactly right. imagine congress calling that old gasbag who made his money out of insurance and screwing people by paying as little as possible. he will go broke just like donald trump, who is now starting to whine about a terrible depression.
Edited by humble1, 28 September 2008 - 01:40 PM.
#3
dcengr
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Posted 28 September 2008 - 01:43 PM
you are exactly right. imagine congress calling that old gasbag who made his money out of insurance and screwing people by paying as little as possible. he will go broke just like donald trump, who is now starting to whine about a terrible depression.
I'm sure you'd like it if congress called you and asked about your "expert" opinions on all this, but your credentials are a bit lacking
If the monetary system collapses, let me tell you that it won't be people like him that suffer, but joe 6 packs like you that will.
Qui custodiet ipsos custodes?
#5
humble1
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Posted 28 September 2008 - 02:02 PM
dc:
if buffett has to pay off even a small amount of the insurance he has written in guaranteeing the garbage he has railed against, i will be a LOT more solvent than he is.
HAHAHHAHA ...
THAT is why he is SO concerned. get real man. people like buffett and trump and pickens are in this for themselves and themsleves ONLY.
Edited by humble1, 28 September 2008 - 02:03 PM.
#6
dcengr
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Posted 28 September 2008 - 02:15 PM
dc:
if buffett has to pay off even a small amount of the insurance he has written in guaranteeing the garbage he has railed against, i will be a LOT more solvent than he is.
HAHAHHAHA ...
THAT is why he is SO concerned. get real man. people like buffett and trump and pickens are in this for themselves and themsleves ONLY.
I can't even begin to tell you how wrong you are and how smart people who made a lot of money are very good at holding it. And yes, I agree they have a vested interest.
But Buffet is a modest man. He's donating his entire wealth to charity and lives like an ordinary person, not buying yachts or islands or surrounded by bikini clad women. If I had to pick one rich person to ask what they thought of all this, it would be him.
Qui custodiet ipsos custodes?
#7
humble1
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Posted 28 September 2008 - 02:27 PM
if you want to make a god out of him, i really don't care. the man has made his money out of insurance when the insurance business was good and he could get away with screwing people. now the insurance business is starting to stink and he is afraid he will have to pay off.
that's the whole story.
p.s. as far as selecto's list: dairy queen? oh ... great ... minimum wage to fatten up americans. and the rest, oh how much outsourcing?
p.p.s. general re? know about that one, do you?
p.p.p.s. fruit of the loom ? china ?
so, maybe i do know a little, eh? this is not for america; this is for warren buffett!
Edited by humble1, 28 September 2008 - 02:36 PM.
#8
Data
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Posted 28 September 2008 - 02:38 PM
I would've much preferred the recapitalization plans offered by John Paulson and others, especially if they would move a portion of the Fannie Mae and Freddie Mac portfolios into those institutions as well. Buffett would obviously stand to lose big in any such plans that dilute his new investment.
#9
spielchekr
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Posted 28 September 2008 - 03:41 PM
Yup. Just yer regular everyday t-shirt wearin' guy.
