Skip to main content

View Diary: False Prophet Slobbering: Buffett The Fox in The Chicken Coop (198 comments)

Comment Preferences

    •  Want to spit on the hand of friendship? (22+ / 0-)

      With every other mogul in the United States either laying low or funding "political action committees" to redouble the screwing of the American public, why on earth would you decide to get all shirty over Warren Buffet's proposals?

      Buffet has given enormous amounts to useful charities and his is something of a voice of reason among the wealthiest of Americans.  He is holding out an olive branch, framing the discussion in such a way that most of the wealthy can either (a) climb on the wagon, or (b) look like creeps.

      I suggest that you would do better to applaud his proposals, but add that there are some points you would disagree with.  Keep it civil!  Don't bite the hand that is extended to you in friendship!

      •  Buffett has a platform and he uses it. (13+ / 0-)

        When he starts saying in public that the whole banking/mortgage/financial thing in America is criminally corrupt and that he wants to see those involved go to jail for the betterment of us all- then maybe I'll listen to him spout about rich people being willing to sacrifice.

        Nice try Warren, but I'm with Tasini on this. Long live the actual Rule of Law.

        •  Somebody has to say something (7+ / 0-)

          and nobody in Washington is saying much of anything. Apologies to Ms. Schakowsky, Mr. Sanders, and others who are trying their valiant best, but they're marginalized, and unless they can figure out how to change the political equation in Washington--unless they can figure out how to hold something over the heads of the centrists--they're going to remain marginalized.

          As far as Buffett goes:  look, you don't expect an investor-by-trade to start singing "The Union Makes Us Strong."  That's our job.

          And as far as the chicken coop is concerned, it's already manned by so many foxes that I can't find it in me to get scared of Warren Buffett.  I mean, what exactly do you think is going to happen if we take him at face value?

          Do you think DKos will suddenly stop supporting unions?  Advocate for cutting entitlements? Forget that the banking/investment system in this country is corrupt as hell?

          First, none of those things is likely.  Second, if people here do stop supporting unions or advocate for cutting entitlements, it's far more likely to be because Obama supports those positions than Warren Buffett.  

          I guess my point is:  what are you afraid of?  All the bad shit's already happened.  The foxes are in charge of the chicken coop to the extent that J.P. Morgan/Chase has a guy in the White House serving as the President's Chief of Staff.  The Fed has been called "Goldman Fed" for years.  And you're worried that we on DKos will trust Warren Buffett?

          The heart is a bloom, shoots up through stony ground/But there's no room, no space to rent in this town

          by SouthernLiberalinMD on Mon Aug 15, 2011 at 10:31:47 AM PDT

          [ Parent ]

        •  I don't think Buffett is talking to you, or me (1+ / 0-)
          Recommended by:
          nuclear winter solstice

          He's addressing the groups of people who have an influence on tax policy - CEOs and bankers who send their lobbyists to secure loopholes, the Obama administration, fence-sitters in Congress, etc. They would declare him irrelevant if he said what you want him to say. He likely does have a blind eye when it comes to Goldman Sachs, owning their shares as he does, but that kind of ownership is the exact reason movers and shakers would deign to listen to him in the first place when he states something at odds with their interests.

      •  Warren Buffet is Not Your Friend (2+ / 0-)
        Recommended by:
        Tasini, happymisanthropy

        While it is commendable that he is willing to statew the obvious about the sheer insanity of our regressive tax code, in the very same column, Buffet is advocating for austerity. See my annotated excerpt below.

        Twelve members of Congress will soon take on the crucial job of rearranging our country’s finances. They’ve been instructed to devise a plan that reduces the 10-year deficit by at least $1.5 trillion. [No, they've been instructed to sink us further into a depression by cutting vital federal spending when we need to drastically INCREASE spending]

        It’s vital, however, that they achieve far more than that.
        Americans are rapidly losing faith in the ability of Congress to deal with our country’s fiscal problems. Only action that is immediate, real and very substantial will prevent that doubt from morphing into hopelessness. That feeling can create its own reality.

        Job one for the 12 is to pare down some future promises that even a rich America can’t fulfill. Big money must be saved here.[Read Cut Entitlements]

        The 12 should then turn to the issue of revenues. I would leave rates for 99.7 percent of taxpayers unchanged and continue the current 2-percentage-point reduction in the employee contribution to the payroll tax [This is a cut to the pay-in to Social Security. This shows Buffet's true colors. Everyone knows by cutting the pay-in, we destabilize the system and increase the size of the target on its back. The ONLY reason to support this is to keep SS in the red so as to make the case that it needs reform].

        This cut helps the poor and the middle class, who need every break they can get. [True enough, the poor could use every penny they can get. But a scheme designed to destabilize Social Security does anything but help the poor. There are other ways of putting money in people's pockets. Like getting them fucking jobs.]

      •  Ok (2+ / 0-)
        Recommended by:
        Odysseus, happymisanthropy

        i hear your point. But, my point was not to say that he doesn't give to charity.

        It's that I don't believe WE SHOULD SETTLE FOR CHARITY. I do not want to tinker around the edges.

        This is about power.

        We have to undo a corrupt economic system. REspectfully, he is part of that system. That doesn't make him evil. Just a captive of the system.

        Follow me on Twitter @jonathantasini

        Visit Working Life.

        by Tasini on Mon Aug 15, 2011 at 11:06:38 AM PDT

        [ Parent ]

        •  I get what youre saying, Jonathan. (0+ / 0-)

          I agree with all your progressive demands. And yes, they should be demands. I also dont have a problem with what Buffet said.

          What he said is something that needs to be said, but it isnt enough, it couldnt possibly be enough, and even if he were to say everything you said he should, it still wouldnt be enough.

          The point is - we, the under-served, non wealthy masses cant really point fingers at the inadequacies in his comments or actions when we ourselves havent collectively risen up and spoken up for ourselves.

          Who are these SILENT suffering people he speaks of? Where are they? Are they the statistics of those with foreclosed homes? Are they the numbers, 2/3, who would be hard pressed to come up with $1,000 dollars in an emergency, as a recent survey showed? Are they the ever flickering numbers (revealed or hidded) of the unemployed? The ones without healthcare? Surely, too many individuals are among the unlucky numbered in more than one of those categories. And/or others unmentioned (outsourced jobs, de-unionized workers or de-fanged unions, etc).

          We can always find those numbers and indeed even our terribly corporatized media will give us those. What we must notice by now that they dont give us are the BODIES, the humans to give voice to these stories, just a clip or two every day, to speak of the hardships behind the numbers. To "flesh" them out. That is what's missing.

          We are missing.

          We need to start creating movements that scare  the establishment (not violent, but, I think one of defection from the Dems, etc.) and gum up the machine. We have to show we are a collective of dead serious people in pain that wont stand for any more of the "coddling" of the wealthy at our expense and that of this nation.

          And make all those points you found lacking in Buffet's words. We cant and shouldnt rely on Buffet. He has said stuff like this before, and where has it gotten us?

          The real, pressing question is:

          Where? Are? We?

          Should a "progressive" Dem blog dwell in the safe zones of a lame party, or should it drive a lame party to break out? If it cant, should it break out?

          by NYCee on Mon Aug 15, 2011 at 01:44:41 PM PDT

          [ Parent ]

          •  PS - I am damned glad you did say... (0+ / 0-)

            what you said, btw!

            Too often we make too much of one sweet little piece of the whole that is dropped off because we are  too accustomed to having good things taken away and bad things pushed in to replace them. (Never mind progression of goodness re the good things we had! Or making them better. A strong, progressive society doesnt just hold onto the good but improves upon it!)

            The things you said need to be said. More often and just as strongly.

            By many, MANY more people!

            Should a "progressive" Dem blog dwell in the safe zones of a lame party, or should it drive a lame party to break out? If it cant, should it break out?

            by NYCee on Mon Aug 15, 2011 at 01:52:41 PM PDT

            [ Parent ]

    •  The shorter Tasini: (8+ / 0-)

      In a truly progressive society, a great baseball player would hit at least 1500 home runs in his career.  It is a sign of how truly leaderless we are, from Congress to the White House, that people are slobbering over Babe Ruth's 714 home runs.  Obviously Babe Ruth sucked.

      http://twitter.com/#!/Impolitics

      by Impolitics on Mon Aug 15, 2011 at 09:36:48 AM PDT

      [ Parent ]

      •  The shorter Impolitics (2+ / 0-)
        Recommended by:
        3goldens, Tasini

        In a truly progressive society, snide nonsense from Impolitics would elicit a chorus of loud jeers.

        I am become Man, the destroyer of worlds

        by tle on Mon Aug 15, 2011 at 09:58:37 AM PDT

        [ Parent ]

        •  he (Impolitics) didn't even make sense (0+ / 0-)

          LOL. So, tle, move on...

          Follow me on Twitter @jonathantasini

          Visit Working Life.

          by Tasini on Mon Aug 15, 2011 at 11:07:58 AM PDT

          [ Parent ]

          •  Oh, my, back in junior high, are we? (0+ / 0-)

            Actually, it's sort of sweet that you are so in touch with your inner 12-year-old that you actually resorted to that school cafeteria gambit of "I'm not going to talk to that yucky boy who just said that mean thing about me, so what I'll do is talk about him to my best friend sitting next to me, but loud enough for everyone to hear."

            By the way, things that don't make sense to YOU are not necessarily things that don't make sense -- if anything, quite the opposite.

            http://twitter.com/#!/Impolitics

            by Impolitics on Tue Aug 16, 2011 at 07:45:04 AM PDT

            [ Parent ]

        •  Um, no, that would be the shorter YOU, tle (0+ / 0-)

          You see, when you use that rhetorical device of "the shorter so-and-so," you're supposed to give an abbreviated version of what you think THAT person is in essence saying.  What you've done here is given us given us your own thinking -- which completely misses the point.  FYI, this is generally a set-up for a satirical observation of some sort, so you're also supposed to say something clever, but that is clearly beyond you.

          But hey, you got an actual former candidate for the U.S. Senate to toss you a doggie biscuit and rub your belly, so your clueless post was not a total loss.

          http://twitter.com/#!/Impolitics

          by Impolitics on Tue Aug 16, 2011 at 07:36:51 AM PDT

          [ Parent ]

      •  well, I wouldn't exactly call Buffett the Bambino (4+ / 0-)
        Recommended by:
        BachFan, NYFM, science nerd, Impolitics

        In progressive terms, he's more like Terry Pendleton of the Braves.

        But your point is still fairly well taken.

        The heart is a bloom, shoots up through stony ground/But there's no room, no space to rent in this town

        by SouthernLiberalinMD on Mon Aug 15, 2011 at 10:32:37 AM PDT

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site