I have a great deal of admiration and respect for Warren Buffett. He's a very rich man and he's a real patriotic American who tells the truth. That's rare among the wealthy of today and practically unknown to their powerful cohorts in politics.
I don't begrudge anyone wealth if they earn it honestly. Warren always has from the time he took savings from his youthful paper route and bought a farm. He doesn't look upon his wealth as something that makes him special and privileged. Read up on him and you will find that he lives a simple life and doesn't put on airs.
He created quite a stir today with an op-ed in the New York Times. It's summarized here: http://money.cnn.com/2011/08/15/news/economy/buffett_tax_jobs/. I'm sure it will be available rather widely soon.
He recognizes the fact that the rich in America are being coddled and given breaks no one else is given. I've been pointing that out for quite some time, and it's refreshing to know that there is one simple, honorable and truthful rich man who is willing to risk the wrath of his peers to tell it like it is.
Hurray for you, Warren! You're a good man!.
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Yeah I was utterly psyched when I read that a couple of days ago. Oddly enough the incredibly liberal local paper I read it in also published 4 editorial reactions to Warren's piece attacking him for various reasons. Totally beyond me as to why, he just made Obama's job 100 times easier while at the same time utterly demolishing the "high taxes will scare off the rich and kill economic recovery!" conserva-tea talking points.
ReplyDeleteBig points Warren, big points!