On Thu, Nov 6, 2008 at 1:05 PM, John Vertegaal <[EMAIL PROTECTED]> wrote:
> What are we supposed to expect from a Sec. Treas. who seeks and gets a 10%
> return on investments in an economy that cannot be expected to grow by more
> than 2% over the term?
> He either doesn't realize or doesn't care that his fees are either passed-on
> costs, born by millions


Buffett supports progressive tax policies. He supports reining-in the
derivatives and debt bubbles. He likes the estate tax. He supports
Obama's and Clinton's healthcare plans.

He happens to be revered by the masses - which means he can actually
do these things. And prevent the Treasury from being swindled by Wall
St on the bailout.

Just like Obama, Buffett is not perfect but he is a *lot* better than
the alternative.
-raghu.

--
Confucius say, dirty book rarely dusty.
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