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The dark side of Warren Buffett
BlogginStocks ^ | 12/11/2008 | Jonathan Berr

Posted on 12/17/2008 1:19:29 PM PST by GreaterSwiss

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To: demoskowitz

Nicole darling, Daddy Dearest told you again and again not to use wire hangers...

NOOOOO WIIIRRRREEE HANGERS!


41 posted on 12/17/2008 2:41:58 PM PST by ViLaLuz (2 Chronicles 7:14)
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To: dfwgator

Not giving someone money upon death is not like treating someone as though they were dirt.

She started it by lambasting him on a movie, then on Oprah.

My own older relatives have, as they’ve passed on, given money only to their direct descendants. Giving directly to grandkids is just not always done, in my opinion. So he hasn’t really done anything out of the ordinary now, has he? However, she did open her mouth as the liberal artist she is and spouted off about how bad he must be to have so much money.

I don’t have a problem with what has happened to her at all.


42 posted on 12/17/2008 2:43:04 PM PST by ConservativeMind (What's "Price Gouging"? Should government force us to sell to the 15th highest bidder on eBay?)
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To: hinckley buzzard
Let's try this again:

Is Warren a 'rat?

Is Warren a public figure?

Do 'rats encourage a dependent populace?

Do dependent 'rats always seek more milk from the teat?

Do the 'rats in charge try to diminish this dependent behavior?

Is Warren a hypocrite for trying to extinguish this behavior among his own?

43 posted on 12/17/2008 3:02:00 PM PST by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: ConservativeMind

I don’t know if it’s really about the money — or the lack of inheritance.

Would a well-adjusted person say to another, “I never accepted you emotionally or legally into my family, and neither did the rest of my relatives.”

This is not some deprived, depraved and deranged person yelling at their child in the projects — but somebody a lot of people look up to and revere as knowing the true value of things.


44 posted on 12/17/2008 3:02:48 PM PST by MikeHu
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To: Dixie Yooper

“Oh, and it’s none of our business!”

You are absolutely correct. I’m just surprised there’s anyone here that thinks otherwise.


45 posted on 12/17/2008 3:05:54 PM PST by Habibi
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To: Habibi
"I’m just surprised there’s anyone here that thinks otherwise."

Oh contraire, Warren has made himself a public figure by injecting himself and his money into the political process, on the 'rat side. This is evidence that he doesn't walk the soft, compassionate talk.

46 posted on 12/17/2008 3:26:42 PM PST by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: Philo-Junius
“His whole “homespun salt-of-the-earth” schtick is just for public relations. What Warren wants, Warren gets.”

Interesting point. I think Warren Buffett is the only self-made wealthy man, other than those in sports and entertainment, who gets only very positive coverage throughout the MSM.

47 posted on 12/17/2008 4:30:58 PM PST by detective
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To: demoskowitz
Nicole Buffet not even related by blood, but she put herself out there as a spokesperson for the family, and stated that she’d like to help distribute the great fortune to do some “good,” undoubtedly with the intention of slicing off a nice piece for herself in the process.

The whole thing is all about the dollars, and her sympathizers in the media, such as the author of the Marie Claire piece, Leah Goodman, and the blogger above, Jonathan Berr, are just galled that Buffet has all that money and isn’t giving it to relatives so they can lay around eating bons bons all day.

If I had Buffet’s fortune, I wouldn’t adopt as hardline an attitude as it appears he has when it comes to inheritance. But a fundamental principle of freedom is that we each get to choose how we want to manage our own property. Buffet’s stand is principled and morally defensible, and he should be left alone to conduct his family affairs, and the distribution of his property to the family, as he sees fit.

48 posted on 12/17/2008 5:23:21 PM PST by beckett (Amor Fati)
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To: demoskowitz

The purpose of money is to make it work. Money is intended to be spent. Not knowing Mr. Buffett, only hearing what others have said of him, I question his “smarts” in matters not directly involved in the acquisition of money. His grand-daughter, and that is exactly what she is....adopted by his spawn, thereby making her relative to Mr. Buffett. He can pitch a fit, insult and denigrate but the fact remains. When Mr. Buffett is finally in Hell, he may look back and wonder why his inner soul was not strengthened by how well he treated those he should have known as kin.


49 posted on 12/17/2008 5:35:16 PM PST by Thumper1960 (A modern so-called "Conservative" is a shadow of a wisp of a vertebrate human being.)
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To: beckett
Buffet’s stand is principled and morally defensible, and he should be left alone to conduct his family affairs, and the distribution of his property to the family, as he sees fit.

I think what so many see as the problem here is Buffett's hypocrisy and double standards. As the wealthiest man in the world, he refuses to provide his own granddaughter with health insurance, but wants the government to do so. Obviously, he shouldn't be forced to support anybody else, but why does he have a problem letting everybody else abide by that same principle?

50 posted on 12/17/2008 6:06:53 PM PST by Proudcongal
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To: Hostage

According to some poll, the wealthy, net worth over $10M were the ones supporting Obama.
And the ‘rich’, net worth $1M to $10M supported McCain. The rich and affluent were found to be ‘small business’ owners.
They are the people that governments use to be their ‘tax collectors’. By raising taxes on ‘small business’ they make them LESS competitive with BIG business because the larger you are the less profit margin you need to survive.
They are less ‘mobile’ because they have real ‘ties’. It’s harder for a ‘small business’ to relocate to more hospitable environments. Small business do not get offered the ‘tax incentives’ for ‘economic’ growth.


51 posted on 12/18/2008 7:57:32 AM PST by griswold3
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To: demoskowitz
The young woman probably has said a couple of things that she wishes she hadn't.

I'd like to cast my vote for Warren as a small, petty, mean-hearted, vindictive, cruel little rich man.

JMHO.

52 posted on 12/18/2008 8:05:40 AM PST by OKSooner
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To: griswold3

Totally agree.


53 posted on 12/18/2008 11:41:55 AM PST by Hostage
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