Govt. will NOT make money on the bailout

The "news" media is making a desperate attempt to push the bailout bill, even resorting to lying to get it passed.

They're trying to tell people that Warren Buffett said the government will make money on the bailout bill.

What Warren Buffett said was that the government COULD make money on the bailout bill if it paid market price for the paper, getting it for pennies on the dollar.

However, Mr. Buffett knows the government will be paying much more than market price, and that's why he invested $5 Billion in Goldman Sachs, an investment which he himself admits was a mistake if the bailout bill is not passed.

Category:

News & Politics

Tags:

• bailout
• warren
• buffett
• congress
• financial
• rescue
• bill
• crisis