Obama services Buffett with Medal of Freedom

http://www.ThurstonHowell.Net ^ | November 19, 2010 | Thurston Howell

[publius321]

Barack Obama announced on Wednesday that he will honor billionaire investor Warren Buffett with the Presidential Medal of Freedom, which is the country's highest civilian honor. It is given to people who have made "especially meritorious contributions to the security or national interests of the United States, to world peace, or... (continued)

[Califreak]

Reminds me of Zero and his peace prize.

[crosshairs]

Obama services Buffett, huh? Figures.

[Pearls Before Swine]

I like and respect Buffett, for the most part, but I feel this is ridiculous and cheapens the medal. Didn’t another one just get given to a card-carrying union Socialist by the name of Sweeney?

It reminds me of the 50’s when the Soviets had tons of people paraded around with chests full of meaningless medals.

[JoeProBono]

[LeoWindhorse]

I thought maybe JIMMY Buffet

It’s got to be 5:30 somewhere

[nolongerademocrat]

I think Obama is too old to interest that one.....

[libs_kma]

It's the Toon equivalent of giving a night in the Lincoln bedroom.

But Obama's probably using the Lincoln Bedroom for the mother-in-law or the dog.

[cherry]

what a bunch of crap......

[yldstrk]

Mutual Admiration Society

ick

[FromLori]

Buffet the phony capitalist sang praises about the Bank Bailouts (of course failing to mention how the bail outs benefited him), Obama voted for the bail outs and is defending the Feds printing so he gets a prize!

Obama’s just rewarding his faux capitalist supporters just like he does his union supporters.

Warren’s Billions Thank Uncle Sam For Bailing Them Out

http://www.zerohedge.com/article/warrens-billions-thank-uncle-sam-bailing-them-out

A good chunk of his fortune is dependent on taxpayer largess. Were it not for government bailouts, for which Buffett lobbied hard, many of his company’s stock holdings would have been wiped out.

Berkshire Hathaway, in which Buffett owns 27 percent, according to a recent proxy filing, has more than $26 billion invested in eight financial companies that have received bailout money. The TARP at one point had nearly $100 billion invested in these companies and, according to new data released by Thomson Reuters, FDIC backs more than $130 billion of their debt.

Continue

http://blogs.reuters.com/rolfe-winkler/2009/08/04/buffetts-betrayal/

[Frantzie]

Buffett helped put Obama in power. Do you still like and respect him?

[Kackikat]

Just more sucking up for donations.

[Fractal Trader]

It sounded to me like he as going to serve a breakfast brunch buffet!

[CharlesMartelsGhost]

Observe the master at work: • September 23, 2008: Buffett's Berkshire invests $5B in Goldman • September 28, 2008: Buffett to Congress: Bail out economy or face 'meltdown' • September 29, 2008: Goldman, Merrill Collect Billions After Fed's AIG Bailout Loans As much as $37 billion from federal bailout loans to American International Group Inc. has gone to investment banks including Goldman Sachs Group Inc., the firm Treasury Secretary Henry Paulson used to run... ...Without the government money, Goldman, Merrill Lynch & Co., Morgan Stanley, Deutsche Bank AG and other firms could have become some of the biggest creditors in a bankruptcy filing by AIG, the world's largest insurer, because of its billions in losses on subprime bonds and corporate debt. • October 2, 2008: Buffett: $700 billion bailout may be too low • October 2009: It's 12 months later and Warren Buffett's Berkshire Hathaway is $3 billion richer. One year ago today, on September 23, 2008, with the financial world still reeling from the collapse of Lehman Brothers just days before, Buffett stunned Wall Street with a massive vote of confidence for Goldman Sachs.. Goldman agreed to pay Berkshire a 10 percent annual dividend on [Buffet's] preferred stock. That's $500 million a year, and the payout didn't depend at all on what happened to Goldman's common stock price... But there was more. In what Buffett later described as a "bonus," Goldman also gave Berkshire the right to buy $5 billion of common stock at $115 a share... The bonus has turned into big bucks. • November 2010: Warren Buffett Pens NYT Op-Ed Praising Administration During Economic Crisis • November 2010: Report: Warren Buffett to Receive a Presidential Medal of Freedom from White House * * * * * * * * * Mmmm, yes, Democrats are for the little people. The working man. Right. Kids, can you say "Crony Capitalism"?

[CharlesMartelsGhost]

Observe the master at work: • September 23, 2008: Buffett's Berkshire invests $5B in Goldman • September 28, 2008: Buffett to Congress: Bail out economy or face 'meltdown' • September 29, 2008: Goldman, Merrill Collect Billions After Fed's AIG Bailout Loans As much as $37 billion from federal bailout loans to American International Group Inc. has gone to investment banks including Goldman Sachs Group Inc., the firm Treasury Secretary Henry Paulson used to run... ...Without the government money, Goldman, Merrill Lynch & Co., Morgan Stanley, Deutsche Bank AG and other firms could have become some of the biggest creditors in a bankruptcy filing by AIG, the world's largest insurer, because of its billions in losses on subprime bonds and corporate debt. • October 2, 2008: Buffett: $700 billion bailout may be too low • October 2009: It's 12 months later and Warren Buffett's Berkshire Hathaway is $3 billion richer. One year ago today, on September 23, 2008, with the financial world still reeling from the collapse of Lehman Brothers just days before, Buffett stunned Wall Street with a massive vote of confidence for Goldman Sachs.. Goldman agreed to pay Berkshire a 10 percent annual dividend on [Buffet's] preferred stock. That's $500 million a year, and the payout didn't depend at all on what happened to Goldman's common stock price... But there was more. In what Buffett later described as a "bonus," Goldman also gave Berkshire the right to buy $5 billion of common stock at $115 a share... The bonus has turned into big bucks. • November 2010: Warren Buffett Pens NYT Op-Ed Praising Administration During Economic Crisis • November 2010: Report: Warren Buffett to Receive a Presidential Medal of Freedom from White House * * * * * * * * * Mmmm, yes, Democrats are for the little people. The working man. Right. Kids, can you say "Crony Capitalism"?

[Pearls Before Swine]

Buffett helped put Obama in power. Do you still like and respect him?

I said "for the most part." Obama was going to get elected no matter what. Bush had worn out his welcome with the MSM and the public; McCain was a weak candidate. Buffett has stated when he disagrees with current policy, but I also think he's so blinded by his wealth that he forgets that those still striving might not want to give it away in futile feel good causes. Still, he's got a lot of economic insight, and near as I can tell, came by his money through talent and industry. He doesn't have to agree with me on everything to get some respect from me.

Obama doesn't get any.

[Frantzie]

“For the most part” you are a serf now thanks to Buffett and the other billionaires, Saudis, and elites who got Obama in power.

Check out how ma and pa in the heartland are and were treated by Buffett Kirby Vac company. Do a search.

Omaha gets tens of thousands of “capitalist” idiot shareholders of Buffett and his form of fascist capitalism. Very much like Italy and Germany in the 1930s - actually it is worse in the USA.

[FormerACLUmember]

Ass kissing Obama sycophant gets fake medal from Obama.