Skip to comments.“Hey Warren, if I give you the Medal of Freedom will you save B of A and host a fundraiser?”
Posted on 08/27/2011 9:53:09 AM PDT by Starman417
I am having a really, really hard time with this.
The Medal of Freedom
The Presidential Medal of Freedom is an award bestowed by the President of the United States and isalong with the comparable Congressional Gold Medal bestowed by an act of U.S. Congressthe highest civilian award in the United States. It recognizes those individuals who have made "an especially meritorious contribution to the security or national interests of the United States, world peace, cultural or other significant public or private endeavors." The award is not limited to U.S. citizens and, while it is a civilian award, it can also be awarded to military personnel and worn on the uniform.
Making a zillion dollars is comparable to the Congressional Medal of Honor?
Barack Obama awards the Medal of Freedom to Warren Buffett because Buffett made zillions of dollars and didn't spread it around.
Obama described billionaire Buffett "not only as one of the world's richest men but also one of the most admired and respected" who had "demonstrated that integrity isn't just a good trait, it is good for business."
Buffett, chairman of Berkshire Hathaway Inc, unexpectedly announced in 2006 that he would give away the bulk of his fortune. He has been one of Obama's strongest defenders in the business community.
OK so I've had three martinis and a glass of sauvignon blanc, but f**k me.
"Yo, Warren- if I give you this award, one day I will be counting on you to 'pay your fair share,' if you catch my drift."
Hold that thought.
Barack calls his pal Warren
US President Barack Obama on Monday reached out to respected business figures Warren Buffett and Ford chief Alan Mulally as he frames a major new plan on jobs and the deficit.
Obama made the calls from his rented vacation farm house on the well-heeled resort island of Martha's Vineyard off Massachusetts, deputy White House press secretary Josh Earnest said.
The president often cites billionaire Berkshire Hathaway chief Buffett as an example of the well-off category of American who would not mind paying higher taxes to benefit the rest of the country.
"The president and Mr Buffett discussed the overall outlook on the economy and the reaction to the headwinds we've experienced over the last couple of months," Earnest said.
"They talked a little bit about some possible measures that would spur investment and increase economic growth. And they also talked about some measures that could address the long-term fiscal situation in this country."
Obama and Mulally discussed the auto and manufacturing industries and expanding growth, stimulating exports and investment, Earnest said.
"How are the kids, Barack? Break 80 yet?"
"Broke par yesterday. Remember that Medal of Honor thing? Would you mind saving Bank of America?"
"Sure, no problem. How much do you need?"
"About $5 billion. I bet you could score some boku bucks if you bought some futures first."
"Sounds like a plan."
August 25, 2011 9:42 AM:
Berkshire Hathaway Invests $5 Billion in Bank of America
(Excerpt) Read more at floppingaces.net...
D.C. is as bad as Hollywood at passinng out awards for being nothing but a member of the club.
Warren Buffett = The George Soros of America