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Liberal Billionaires Good, Conservative Billionaires Evil
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| Contributor | Jason |
| Last Edited | Jason Sep 01, 2010 07:26pm |
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| Category | Perspective |
| Author | Claude Sandroff |
| News Date | Thursday, September 2, 2010 01:25:00 AM UTC0:0 |
| Description | Liberals love their billionaires, a very long and sometimes radical list that includes Barack Obama's special favorites Warren Buffet and George Soros. Warren Buffet provides economic advice to his goofy novice, and then has to watch our over-rated chief executive herald that a non-existent metric - the profit-to-earnings ratio - had reached levels that cried out to all those sitting on the sidelines to jump back into the stock market.
Though it must painful for Buffett to listen to his marionette's mangled message, Buffet gets to sleep at night secure in the knowledge that the 10% interest he collects on his preferred shares of GE and Goldman Sachs (purchased at the height of the financial crisis in 2008) will never be in jeopardy from a government engineered corporate bankruptcy no matter how brutally Obama might wage war on the rest of capitalism's participants. Buffet was not one of the unfortunate bondholders reamed by Obama's nationalization of GM or Chrysler. Crony capitalism, a pretty word for fascism, works.
Nor is there any fear that Michelle Obama, Queen of Aragon, will seriously attack the diabetes factory called Coca Cola, one of Buffet's largest equity positions, during her crusade against childhood obesity.
The special case of George Soros, Nazi collaborator, destroyer of British sterling, funder of countless nefarious leftist causes and one of the most frequent visitors to the White House has been described in detail elsewhere. |
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