Thursday, September 9, 2010

Wielding Warren Buffett

President Barack Hussein Obama deigned to grant ABC an interview, parts of which aired on Good Morning America today. Obama expressed determination to prevent the "top two percent" from receiving an extension of the Bush tax cuts (evidently, almost at any cost, including loss of the Democrat majority in the United States House of Representatives and quite possibly even the US Senate). And what sword does President Obama draw to defend an enormous tax increase on job creators in the teeth of a recession? America's wealthiest man- Warren Buffett, who is for good or ill, the face of capitalism, sometimes money guru to Obama when it serves Obama's interests to pretend to be a friend of market-based enterprise (that is when Obama is not issuing Soviet-like six year plans . . . no, wait, those wily old Russians only issued five year plans), or as in the Stephanopoulos interview today where Buffett is the foil compared to an average family whose tax break might enable them to buy a new computer where it means absolutely nothing to Mr. Buffett. The one aspect that President Obama consistently forgets is that money that people sweat blood to earn is not his money. It is not up to Obama to spend your money. The first decision should be yours to make, next your family should determine how the fruit of your labor is directed, and then lastly, the government as we are not subjects living under a king's sufferance but citizens enfranchised by our Constitutional Republic. Obama can gladly accept Warren Buffett's endorsement and praise, listen to Buffett when he cares to, and use Buffett to represent all that is wrong or right with our economy or America at any given moment, but unless I own Berkshire Hathaway shares or do business with some of Buffett's concerns, whatever Mr. Buffett does has no impact on that thin dime in my pocket. On the other hand, Obama can confiscate my earnings. Let the President find some other grand example for Joe and Jane Mainstreet who has more relevance than the wizard of Omaha who if he should be known for anything beyond personal wealth, may henceforth be called the "tree killer king" as not a week goes by without receiving one or more unsolicited and unwelcome mailings from Geico

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