Wake up People! Why Cant US Taxpayers Get The Same Deal Warren Buffett Arranged!!
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Uploaded by AmericaTheRepublic on Apr 17, 2010
Wake up People! Warren Buffett in bed with Goldman Sachs as the Tax payer gets screwed AGAIN!!!
- 15 likes, 0 dislikes
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- 10:52
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He is not making sense!
wa9r 5 months ago
We need more like Marcy Kapyur in D.C. fot the American people.
sonofatiger 7 months ago
@Unitas2Berry hmm You know I use to really like Buffett when I first learned about him, but as time go by I learn more negatives about him than positives. Of course he is still amazing - worthy of every praise he's received. I know the gov has to breath down on these money machines, because "let's face it" when people get too rich or powerful too fast or too big things get out of hand. Then the gov can come in and put some sort of cap control on it.
babymegatron 1 year ago
@babymegatron The Large banks like Goldman, Wells, BankAmerica actually paid back more than they borrowed because the deal gave the taxpayers profitable stock warrants. FNMA, FHLMC, which were creations of the government and supposedly monitored by congress will end up costing taxpayers hundreds of billions of dollars. My comment wasn't about whether the bailouts were right or wrong - I just don't like seeing the constant trashing of Warren Buffett. He didn't cause this mess.
Unitas2Berry 1 year ago
@Unitas2Berry do you know if they pay back what they owe the tax payers?
babymegatron 1 year ago
Who is that woman? She is a gem.
davfritz 1 year ago
This comparison of the governments investment to Warren Buffett's investment has been floating around for quite a while and its absurd. Buffett is in the business of making money and he could have said no to Goldman. The U.S. is in the business of defending the country and in this case chose to make an investment as part of an effort to save the economy from collapse. Whether justified or not, there is no reason to compare it to Buffett.
Unitas2Berry 1 year ago