( OT ) Berkshire Hathaway CEO Blasts 'Sharecropper's Society'
 

Faces In The News
Buffett: Berkshire Hathaway CEO Blasts 'Sharecropper's Society'
Chris Noon, 03.07.05, 7:57 AM ET

NEW YORK - Doers and doings in business, entertainment and technology:
Is the Oracle of Omaha losing his touch? Billionaire investor Warren
Buffett apologized to Berkshire Hathaway investors for a dud deal year.
"My hope was to make several multibillion-dollar acquisitions that would
add new and significant streams of earnings to the many we already
have," he wrote in his much-anticipated annual letter to shareholders.
"But I have struck out." Buffett promised to act quickly on good
investments in the $5 billion to $20 billion ballpark, but Jeremiahs are
already predicting a gloomy 2005 for Buffet and Berkshire's vice
chairman, Charlie Munger. "He won't find anything this year," said Steve
Kaplan, a professor at the University of Chicago Graduate School of
Business. "Since he likes to buy things cheap, it's harder to find." Of
course we all should have Buffett's batting average: Even without deal
making, Berkshire Hathaway's net worth rose $8.3 billion in 2004. And
tossing the Berkshire Hathaway hair shirt aside, Buffett blasted the
U.S. for its continued trade deficit. "A country that is now aspiring to
an 'Ownership Society' will not find happiness in--and I'll use
hyperbole here for emphasis--a 'Sharecropper's Society,'" Buffett wrote,
"But that's precisely where our trade policies, supported by Republicans
and Democrats alike, are taking us."

Boating tie in -- is Warren related to Jimmy? -- Note also he is
critical of BOTH major parties.

On Mon, 07 Mar 2005 15:05:38 GMT, "Jim," wrote:

Chris Noon, 03.07.05, 7:57 AM ET

Good grief man, old news. It's been out since before 8:00 AM. How
far back to you have to dig to find damning things to say about the
current state of the nation?

On a positive side, no car bombs have gone off in Iraq in over 10
minutes. Purple fingers rule, doode.

bb

"Harry Krause" wrote in message
...
bb wrote:
On Mon, 07 Mar 2005 15:05:38 GMT, "Jim," wrote:


Chris Noon, 03.07.05, 7:57 AM ET


Good grief man, old news. It's been out since before 8:00 AM. How
far back to you have to dig to find damning things to say about the
current state of the nation?

On a positive side, no car bombs have gone off in Iraq in over 10
minutes. Purple fingers rule, doode.

bb


You think the BushBORGs have already written their rationalizations for
the aftermath of the next big terrorist attack on the US homeland?

I don't know about the rationalizations...but the retaliatory strike plans
are certainly already written.

NOYB wrote:

I don't know about the rationalizations...but the retaliatory strike
plans
are certainly already written.

************************

"What this country needs is another Pearl Harbor" (Project for the New
American Century)

You guys need to be careful what you wish for.

wrote in message
oups.com...
NOYB wrote:

I don't know about the rationalizations...but the retaliatory strike
plans
are certainly already written.

************************

"What this country needs is another Pearl Harbor" (Project for the New
American Century)

You guys need to be careful what you wish for.


*You guys*? I guess you mean the left as those are the only ones hoping for
bad things to happen, including in the Middle East. After all, aren't
politics more important than Country for many on the left?

JimH wrote:

*You guys*? I guess you mean the left as those are the only ones
hoping for
bad things to happen, including in the Middle East. After all, aren't
politics more important than Country for many on the left?

**************

That's a very poor guess.

"You guys" refers to people who endorse the principles and recommended
policies of the PNAC- a positon NOYB has taken in this forum several
times.

We're about one terrorist attack on the US away from a lot of moderates
joining the rabid right wingers in calling for an all-out, WWII, bring
back the draft, drop the nukes style obliteration of the middle east.
I'm convinced that radical reactionaries on the right are praying for
such an event every night.

The "first" modern Pearl Harbor, 9-11, didn't quite get the job done as
far as the PNAC is concerned, so if one is desirable ("what this
country needs") then two or more must be even better.

wrote in message
oups.com...
NOYB wrote:

I don't know about the rationalizations...but the retaliatory strike
plans
are certainly already written.

************************

"What this country needs is another Pearl Harbor" (Project for the New
American Century)

You guys need to be careful what you wish for.

PNAC never said such a thing.

wrote in message
oups.com...
JimH wrote:

*You guys*? I guess you mean the left as those are the only ones
hoping for
bad things to happen, including in the Middle East. After all, aren't
politics more important than Country for many on the left?

**************

That's a very poor guess.

"You guys" refers to people who endorse the principles and recommended
policies of the PNAC- a positon NOYB has taken in this forum several
times.

We're about one terrorist attack on the US away from a lot of moderates
joining the rabid right wingers in calling for an all-out, WWII, bring
back the draft, drop the nukes style obliteration of the middle east.
I'm convinced that radical reactionaries on the right are praying for
such an event every night.

I'd like to see us do that *before* another attack on US soil...not
afterwards.




The "first" modern Pearl Harbor, 9-11, didn't quite get the job done as
far as the PNAC is concerned, so if one is desirable ("what this
country needs") then two or more must be even better.


If anything, it's the left that is hoping for another attack on US soil.
Then they can say "See! Bush's war on terror isn't working."

"Netsock" wrote in message
news:1110216217.f916afaa004210101d53b689bd17252a@t eranews...
wrote:

We're about one terrorist attack on the US away from a lot of moderates
joining the rabid right wingers in calling for an all-out, WWII, bring
back the draft


I'm all for the draft, so long as there are NO exemptions for the sons of
wealthy rightwingers. Every male out of high school, eligible for the
draft. No college hall pass.

The more sones of rightwing warmongers coming home in body bags,

You liberals are a sick bunch...hoping for "more sons...coming home in body
bags" to teach us bad conservatives that war isn't the answer.

I don't know about you, but I pray for as few casualties as possible on our
side. (and I include even Democrats on "our side").