Its not considered acceptable to tell the masses of the people that they are economically uneducated and their own worst enemy. The rule is one man, one vote. The Democratic party has figured out how to tell the economically ignorant a lie about how our system works. They get way with it because the average man struggles to make a living. Its easier to have a scape goat than to seek the truth.
The government did not bail out the banks. That is a total lie. The financial system of this country was falling apart. The impact on the "common man" (which is all of us), would have been so devastating that the resulting unemployment, loss of pension funds, etc. could have overwhelmed everyone. The government did not save the "rich banks"; it saved those of us who are the depositors of the banks, the receivers of their loans and dependent on them for millions of jobs. The Democratic party finds it expedient to outright lie to the people.
The second lie is that the rich, whomever that is, have benefited far in proportion to the rest of the population. I reiterate again why is the government so worried about any particular class of people rather than working together to solve our problems without promoting class warfare.
Lets get something clear between us. Lets say I have $1 million dollars. If I take that money and rip it up then $1 million dollars disappears from the economy. But if I take that money and spend it, give it to the plumber, the car manufacturer, to the restaurants and some to the government. then the $1 million dollars is circulated throughout the economy. What I don't spend I invest. Lets say I buy stock with my $1 million dollars. I get the stock but someone else gets the $1 million dollars and no matter who it is, they take that money, spend it, invest it and it keeps on circulating. But its still only $1 million dollars. The only question of any relevance is how to turn the $1 million into more money, plant, equipment and capital and have it circulating through the economy.
The only thing the Democratic party wants to do is keep you uneducated. The more of you who become more economically educated the less of you will agree with the Democrat's self-serving, power preserving, education diminishing, democratic policies.
Warren Buffett is looking out for his own A-S. He is more concerned with you buying his own product, like Geico, (which is the worst insurance company I have ever dealt with) than helping you become educated.
Just remember what Warren Buffett wrote on June 26, 2006, "The only condition to this committment is that the Foundation must continue to satisfy legal requirements qualifying my gift as charitable and not subject to gift or other taxes."
The government did not bail out the banks. That is a total lie. The financial system of this country was falling apart. The impact on the "common man" (which is all of us), would have been so devastating that the resulting unemployment, loss of pension funds, etc. could have overwhelmed everyone. The government did not save the "rich banks"; it saved those of us who are the depositors of the banks, the receivers of their loans and dependent on them for millions of jobs. The Democratic party finds it expedient to outright lie to the people.
The second lie is that the rich, whomever that is, have benefited far in proportion to the rest of the population. I reiterate again why is the government so worried about any particular class of people rather than working together to solve our problems without promoting class warfare.
Lets get something clear between us. Lets say I have $1 million dollars. If I take that money and rip it up then $1 million dollars disappears from the economy. But if I take that money and spend it, give it to the plumber, the car manufacturer, to the restaurants and some to the government. then the $1 million dollars is circulated throughout the economy. What I don't spend I invest. Lets say I buy stock with my $1 million dollars. I get the stock but someone else gets the $1 million dollars and no matter who it is, they take that money, spend it, invest it and it keeps on circulating. But its still only $1 million dollars. The only question of any relevance is how to turn the $1 million into more money, plant, equipment and capital and have it circulating through the economy.
The only thing the Democratic party wants to do is keep you uneducated. The more of you who become more economically educated the less of you will agree with the Democrat's self-serving, power preserving, education diminishing, democratic policies.
Warren Buffett is looking out for his own A-S. He is more concerned with you buying his own product, like Geico, (which is the worst insurance company I have ever dealt with) than helping you become educated.
Just remember what Warren Buffett wrote on June 26, 2006, "The only condition to this committment is that the Foundation must continue to satisfy legal requirements qualifying my gift as charitable and not subject to gift or other taxes."
