I think the state has no part in this decision. People should be left free to make there own choices and should be held accountable for their own stupidity. If heroin was made legal tomorrow how many people would go out and get it. People will always do stupid things, its not the states responsibility to protect people from themselves.
Gambling should absolutely be kept legal, it's up to each person to decide how they spend their money. Government should be kept completely out of that industry.
This is biased. It is not like the money is completely wasted. Jobs are produced and the government also receives taxes. The people who get jobs then go on to di whatever they desire with the money such as redistribute it within their economy or save it - which also gets taxed. The real issue here is that these people who have addictions are the problem, not the gambling. If it were not gambling it would be something else. Addiction is a terrible disease that needs to be addressed.
@theguvnorjimmy Casino's didn't help the city of Detroit. Most gamblers are lower middle class who should spend that money on improving themselves. You will never see a casino in Palm Beach or Greenwich CT.
@METALBUG999 Yes, that is true. What would you propose? There is also an issue as people should be free to choose what they want to do. Debatable subject.
@METALBUG999 Yes, that is true. What would you propose? There is also an issue as people should be free to choose what they want to do. Debatable subject.
@METALBUG999@METALBUG999 Yes, that is true. What would you propose? There is also an issue as people should be free to choose what they want to do. Debatable subject.
Hasn't he himself strayed into gambling in recent years though? He can't possibly know for sure if accepting such extraordinary insurance liabilities will work out in the future.
@2buildbacklinks You rig it by getting on TV to support Mr. Bernanke's bailouts, it's that simple. Buffett has praised him up and down, and he should, as Bernanke saved Buffett from losing billions. I would like to be able to talk to bernanke on the phone too. Buffett should have his phone records checked vs. his trade log in the GS investment and others at the time. Same goes for GS. wake up.
@loeghat what's having money got to do with it? He's a hypocrite and he only cares about money. It's one thing to earn your money, another to steal it. In 2008 he stole from the American taxpayer and he knows it, he even wrote a thank you letter in November, which must have been as embarrassing for him as it was for Letterman when he acknowledged his cheating on national TV. He's sympathetic bc we pay him to be.
@loeghat well, he must also manipulate things, because my comment was taken down. Apparently you are not allowed to criticize Warren Buffett in this country. Unbelievable.
@2buildbacklinks If you mean by genius, using influence in government to rig the stock market upwards and financial stocks from rightfully going bankrupt, then yeah, he's a real "genius".
@loeghat I didn't say he was evil, but I appreciate the inference. I said he's a hypocrite, and he is. He also spent his entire life dodging the tax man, and TELLING people how to dodge the tax man, yet he runs around now telling people they should be happy to pay a big tax burden or pay death taxes. Hypocrite. He should stay busy writing thank you notes to the young people of America for financing his poor financial stock picks.
@loeghat If you get a chance, please visit the websites that pop up when you type the following into your search engine:
1) abortioninstruments
2) abortionNo
3) Abort73 (look at tab "Abort73 Videos" - scroll down & watch 13th video title, "This is Abortion"
These websites expose the sheer brutality & violence imposed on the unborn helpless baby during an abortion. Aborted babies ripped apart by abortion. Heart beats only 3-4 weeks after conception. Embryos are not a just “blob of tissue”
@loeghat If you're want to read how misguided billionaire Buffet is extremely enthusiastic about the bloody slaughter of unborn babies in abortion clinics, search for these news article titles in your search engine:
Buffett Secretly Spending Millions on Abortion Med-School Scheme: NY Times
Warren Buffett : An Unbounded Enthusiasm for Abortion
Planned Parenthood Pushes Abortion for Profit: Ex-Abortion Facility Director
Massive Buffett Donations Will Fund Pro-Abortion Agenda around the World
Sports betting is the same as betting on the stock market. The people that do well are those that research and are intelligent.. The only difference between the two is the clientele. Sports generally attracts lower class and stock market is white collar. I understand crime and bankruptcy as costs to society but the ppl who get in a downward spiral are probably the same that are already a drain to society. I do very well with online sports betting myself. I wish I didn't have to go offshore
@Millertyme47 No it's not lol. It's not enough roughly related. You don't "bet" in the stock market you INVEST. Sometimes companies go under but your expectation was you're contributing to society and the expansion of a company offering some kind of product or service. Sports betting is just flat out gambling. Nice try to justify your habit.
@PabloPena108 What is the difference between betting and investing? B.S. investing contributes to society. Investing only contributes to an already bankrupt system. You clearly missed my point. My point is that people that do well in the stock market and gambling are those that do research and place their money with an educated decision. They are similar in that you are putting money on something that isn't guaranteed but you have a hunch. Some are good at it and others aren't.
@PabloPena108 Also don't judge me, you don't know me. Just because I'm good at betting doesn't mean that I have a problem or a habit. I only bet on College Basketball because for me it is the most predictable sport. I haven't gambled since the season ended. I cashed out my account and I won't gamble until next November.
@PabloPena108 Pablo, how does investing in cigarette companies, or Coke for that matter, contribute to society? Do you mean by helping people get cancer or fat? Also, explain Mr. Buffett's betting on derivatives, also just a "bet" with no benefit to society, unless you count taking money from others as a benefit to society. And by others, I mean those who correctly bet on deflation in 2007, against Mr. Buffett who helped rig todays hyperinflationary Fed bent like a smarmy Bernankecheerleader.
@TenHanger don't forget about Fannie Mae, Moody's, STI, Wells Fargo, GS, and BAC. he not only didn't have to pay the costs of bad stock picks like the rest of us do, but he also did his part to push the bubble up into the heavens.
There's nothing wrong with sports betting or poker. If Buffett thinks there is, he's the biggest hypocrite on the planet. He's made his entire fortune at the expense of other less-savvy investors, same as a poker player or talented sports gambler.
Now if he's only talking about state lotteries, or casinos, I can see an argument there. However, if you're dumb enough to believe you can win money in a game stacked against you, games that EVERYONE knows are stacked against you, then...
Addictions produce Crime (no matter what type of addiction)..... well said!
jp3eku 2 weeks ago
I think the state has no part in this decision. People should be left free to make there own choices and should be held accountable for their own stupidity. If heroin was made legal tomorrow how many people would go out and get it. People will always do stupid things, its not the states responsibility to protect people from themselves.
badvariance 1 month ago
Gambling should absolutely be kept legal, it's up to each person to decide how they spend their money. Government should be kept completely out of that industry.
amse 1 month ago 2
@amse Its a filthy industry. Casino workers are lower than used car salesman.
METALBUG999 1 month ago
This is biased. It is not like the money is completely wasted. Jobs are produced and the government also receives taxes. The people who get jobs then go on to di whatever they desire with the money such as redistribute it within their economy or save it - which also gets taxed. The real issue here is that these people who have addictions are the problem, not the gambling. If it were not gambling it would be something else. Addiction is a terrible disease that needs to be addressed.
theguvnorjimmy 2 months ago
@theguvnorjimmy Casino's didn't help the city of Detroit. Most gamblers are lower middle class who should spend that money on improving themselves. You will never see a casino in Palm Beach or Greenwich CT.
METALBUG999 1 month ago
@METALBUG999 Yes, that is true. What would you propose? There is also an issue as people should be free to choose what they want to do. Debatable subject.
theguvnorjimmy 1 month ago
This has been flagged as spam show
@METALBUG999 Yes, that is true. What would you propose? There is also an issue as people should be free to choose what they want to do. Debatable subject.
theguvnorjimmy 1 month ago
This has been flagged as spam show
@METALBUG999 @METALBUG999 Yes, that is true. What would you propose? There is also an issue as people should be free to choose what they want to do. Debatable subject.
theguvnorjimmy 1 month ago
Comment removed
theguvnorjimmy 1 month ago
Right. Gambling is unethical. The costs are much higher than the income.
KennyReddwooddforest 4 months ago
I used to gamble a lot but it get's boring if you win every time.
BrothersBean 4 months ago
@BrothersBean
Oh really... ? why don;t you go for a loss then, to be more existing. LOL
gigiontube 4 months ago
@gigiontube Tried it, no luck. It just riddles you with guilt.
BrothersBean 3 months ago
He bets on a sure things like Gordon Gekko
63muhammad 5 months ago
Hasn't he himself strayed into gambling in recent years though? He can't possibly know for sure if accepting such extraordinary insurance liabilities will work out in the future.
addder01 6 months ago
@addder01 when you drive your car dont you know that you can be killed? but if you drive good you probaly wont get killed. same thing
MakeMacroMicro 6 months ago
LEARN THE INSIDER SECRETS OF THE SUPER WEALTHY !!
30billionaireschangingtheworld dot kom
Steventk26 7 months ago
Warren doesn't need to gamble. He's already rich.
Btw, the stock market is just a crap shoot -- not for the average joe or jane.
cheeriosinabowl 7 months ago
Interesting how Buffet thinks it's wrong to have more poker sites/ casino's because more gambling addictions will grow.
As long as governments make money off it by taxing it, they don't care about addictions or health issues associated with it.
They always use gambling addiction and safety issues as an argument to shut sites down but if they can tax it there's no problem.
Bunch of hypocrits. They would legalize heroin if they could make money off it
Foreverguga1 10 months ago
@2buildbacklinks You rig it by getting on TV to support Mr. Bernanke's bailouts, it's that simple. Buffett has praised him up and down, and he should, as Bernanke saved Buffett from losing billions. I would like to be able to talk to bernanke on the phone too. Buffett should have his phone records checked vs. his trade log in the GS investment and others at the time. Same goes for GS. wake up.
TenHanger 11 months ago
@loeghat what's having money got to do with it? He's a hypocrite and he only cares about money. It's one thing to earn your money, another to steal it. In 2008 he stole from the American taxpayer and he knows it, he even wrote a thank you letter in November, which must have been as embarrassing for him as it was for Letterman when he acknowledged his cheating on national TV. He's sympathetic bc we pay him to be.
TenHanger 11 months ago
@loeghat well, he must also manipulate things, because my comment was taken down. Apparently you are not allowed to criticize Warren Buffett in this country. Unbelievable.
TenHanger 11 months ago
Wall Street is Gangster money, its easy, profitable and we always win. Like printing money out of thin air.
CorporateRule 11 months ago
@2buildbacklinks If you mean by genius, using influence in government to rig the stock market upwards and financial stocks from rightfully going bankrupt, then yeah, he's a real "genius".
TenHanger 1 year ago
@loeghat I didn't say he was evil, but I appreciate the inference. I said he's a hypocrite, and he is. He also spent his entire life dodging the tax man, and TELLING people how to dodge the tax man, yet he runs around now telling people they should be happy to pay a big tax burden or pay death taxes. Hypocrite. He should stay busy writing thank you notes to the young people of America for financing his poor financial stock picks.
TenHanger 1 year ago
This has been flagged as spam show
@loeghat If you get a chance, please visit the websites that pop up when you type the following into your search engine:
1) abortioninstruments
2) abortionNo
3) Abort73 (look at tab "Abort73 Videos" - scroll down & watch 13th video title, "This is Abortion"
These websites expose the sheer brutality & violence imposed on the unborn helpless baby during an abortion. Aborted babies ripped apart by abortion. Heart beats only 3-4 weeks after conception. Embryos are not a just “blob of tissue”
ProLifeHelp 1 year ago
@ProLifeHelp FFS ProLifeHelp, every fucking Warren video your there crusading. The only problem with abortion is that it didn't abort you.
zebbedi 1 year ago 2
This has been flagged as spam show
@loeghat If you're want to read how misguided billionaire Buffet is extremely enthusiastic about the bloody slaughter of unborn babies in abortion clinics, search for these news article titles in your search engine:
Buffett Secretly Spending Millions on Abortion Med-School Scheme: NY Times
Warren Buffett : An Unbounded Enthusiasm for Abortion
Planned Parenthood Pushes Abortion for Profit: Ex-Abortion Facility Director
Massive Buffett Donations Will Fund Pro-Abortion Agenda around the World
ProLifeHelp 1 year ago
Sports betting is the same as betting on the stock market. The people that do well are those that research and are intelligent.. The only difference between the two is the clientele. Sports generally attracts lower class and stock market is white collar. I understand crime and bankruptcy as costs to society but the ppl who get in a downward spiral are probably the same that are already a drain to society. I do very well with online sports betting myself. I wish I didn't have to go offshore
Millertyme47 1 year ago
@Millertyme47 No it's not lol. It's not enough roughly related. You don't "bet" in the stock market you INVEST. Sometimes companies go under but your expectation was you're contributing to society and the expansion of a company offering some kind of product or service. Sports betting is just flat out gambling. Nice try to justify your habit.
PabloPena108 1 year ago
@PabloPena108 What is the difference between betting and investing? B.S. investing contributes to society. Investing only contributes to an already bankrupt system. You clearly missed my point. My point is that people that do well in the stock market and gambling are those that do research and place their money with an educated decision. They are similar in that you are putting money on something that isn't guaranteed but you have a hunch. Some are good at it and others aren't.
Millertyme47 1 year ago
@PabloPena108 Also don't judge me, you don't know me. Just because I'm good at betting doesn't mean that I have a problem or a habit. I only bet on College Basketball because for me it is the most predictable sport. I haven't gambled since the season ended. I cashed out my account and I won't gamble until next November.
Millertyme47 1 year ago
@PabloPena108 Pablo, how does investing in cigarette companies, or Coke for that matter, contribute to society? Do you mean by helping people get cancer or fat? Also, explain Mr. Buffett's betting on derivatives, also just a "bet" with no benefit to society, unless you count taking money from others as a benefit to society. And by others, I mean those who correctly bet on deflation in 2007, against Mr. Buffett who helped rig todays hyperinflationary Fed bent like a smarmy Bernankecheerleader.
TenHanger 1 year ago
@TenHanger don't forget about Fannie Mae, Moody's, STI, Wells Fargo, GS, and BAC. he not only didn't have to pay the costs of bad stock picks like the rest of us do, but he also did his part to push the bubble up into the heavens.
TenHanger 11 months ago
the same old thing.
Europeans cant. understand that socialism doesn't work
Americans cant. understand that you can't legislate morality.
Prohibition again?
Brian54M 1 year ago
propaganda
HIGHSTAKESPKRDOTCOM 1 year ago
There's nothing wrong with sports betting or poker. If Buffett thinks there is, he's the biggest hypocrite on the planet. He's made his entire fortune at the expense of other less-savvy investors, same as a poker player or talented sports gambler.
Now if he's only talking about state lotteries, or casinos, I can see an argument there. However, if you're dumb enough to believe you can win money in a game stacked against you, games that EVERYONE knows are stacked against you, then...
TenHanger 1 year ago
@TenHanger i think those ppl who have certain edge then it is not gambling...i play poker and sports betting and i use my bank roll for it
iamfukingyou 5 months ago
Play the casino: Win $0.65 for every $1 you put in.
Invest in an ETF of blue chips over a multi-decade time horizon: Get $1.08 each year for every $1 you put in.
Small wonder why Buffett's fortunes didn't come from a slot machine.
nankypooh 2 years ago 18
@nankypooh CD's all the way! lol.
hoochis 1 year ago
wise and simple thoughs
alsamuef 2 years ago 3