Skip to comments.The dark side of Warren Buffett
Posted on 12/17/2008 1:19:29 PM PST by GreaterSwiss
I can understand why Warren Buffett wanted to teach Nicole Buffett, who gets by on $40,000 a year she earns as an artist and reportedly goes without health insurance, that she should not act like a spoiled brat. But the punishment did not fit the crime.
The letter he wrote Nicole seems especially cold: "I have not emotionally or legally adopted you as a grandchild, nor have the rest of my family adopted you as a niece or a cousin," the magazine quotes the letter as saying. "He signed the letter 'Warren'."
(Excerpt) Read more at bloggingstocks.com ...
Warren: just another ‘rat, depending on the gov’t to take care of his family.
Woah... That’s cold. Are sure his name is not Warren E. Scrooge?
did he find out she was a conservative?
Okay, write a tell all book on the guy and make a few $$$ on his wrinkled ass.
What she said was ill advised, and he has the right to do what he wants, but his outburst was cruel.
her is a commie rat bastard who only wants elites like himself to have money or power...another Soros-esque @$$wipe.
Nobody said it wasn't. And I don't know that she's asked for any. As for whether it's any of our business, he makes it our business when he lobbies for more taxes to be taken from the families of the USA.
And money aside, the comments about her adoption (or lack thereof) comes across as cold, heartless, and ruthless, the reaction of a bitter old man who can't believe someone dared make a comment about him without his blessed sanction.
MM (in TX)
He was for the death tax, and then made sure that his fortune would be exempt by passing it to Bill and Melinda Gates’s charitable foundation.
He is a hypocrite.
His father was Senator Howard Buffett, who was a strong supporter of libertarian views and was friends with the first libertarian economist, Murray Rothbard.
He comes off as a very small little man, with a parched, black heart. This was a woman who was adopted by one of his sons, IIRC. Maybe's he's not super close to her, but that meets the definition of family, in my book.
Captain Obvious = Buffett is a control freak...
What a small, mean and vindictive little man he is. I guess being a billionaire doesn’t make one a class act afterall.
He sounds extremely stingy with his money when it comes to his own family, then he bails out Goldman Sachs and whines about how the government should foot the bill for the lower-income folks through taxes on people who earn a little more. Yet he won’t provide health insurance for his own adopted granddaughter or the rest of his family for that matter. Buffett is obviously very smart knowing how to make money, but his value system is a little twisted. I wouldn’t be surprised if he leaves nothing in his will to his kin. I guess I just don’t understand why if he wants his own family to earn or do without, why not apply that same attitude toward everybody else.
Stark raving socialist. Rather than lobby government to change policies, establish real private solutions.
"The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and, in the United States, to expand educational opportunities and access to information technology...To maintain its status as a charitable foundation, it must donate at least 5% of its assets each year. Thus the donations from the foundation each year would amount to over US$1.5 billion at a minimum." ($1,500million a year MINIMUM to maintain their status).
"The plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date. This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes"
Rich people like the Buffster control people around them by controlling their purse strings. The best thing she can do is let him know that (1) she’s her own person, (2) she’ll make her own money, and (3) she cares for him but grandpa doesn’t rule her roost.
Laws are for little people. There is no reason he couldn’t VOLUNTARILY give up his estate if he thinks his family does not deserve it more than government.
He has no RIGHT to impose his beliefs on Marxist redistribution on your own private property.
Gee, I had no idea that a man who made his fortune on sugar, starch, fat, salt, forced sales from the death tax, and abortion could have a “dark side.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.