Posted on 10/03/2017 9:00:20 PM PDT by Olog-hai
Billionaire Warren Buffett says America will continue to prosper overall, but government and philanthropists should do more to ensure that poverty doesn’t remain a barrier success.
“The American dream has succeeded in aggregate. We have failed, in my view, to create the equality of opportunity,” Buffett said Tuesday at the national Purpose Built Communities conference in Omaha.
Buffett supports the Atlanta-based nonprofit group that helps communities come up with holistic plans to redevelop high-poverty areas.
Government should do more to ensure everyone has an equal opportunity to succeed through measures such as the earned income tax credit, Buffett said. And the investor who leads Omaha, Nebraska-based Berkshire Hathaway said he favors increasing the estate tax instead of eliminating it as Republicans have proposed.
“We’ve got the aggregate resources to take care of everybody,” Buffett said. …
(Excerpt) Read more at hosted.ap.org ...
“Infiltrate and gain control of big business.”One of the voices of that takeover speaks out.
— Communist Goal #37
I guess the trillions of dollars spent hasn’t been enough.
Buffet remember Marx :
“From those who have means, to those to have needs.”
Practice what you preach, jerkoff.
I wonder how many jobs and homes would suddenly become available if every illegal left tomorrow...
Wonder whom Buffett supports to stay...
Billionaires should do more to combat poverty.
Wages would go up and rent would go down.
Win-win.
That’s why the elites won’t let us send them home.
Buffet should do more....
What should the government actually DO to fight poverty, Warren? Make children finish high school with the ability to read and right and make change? Require people to be married and have a stable job before we let them get off of birth control or remove the “Patch?”
What exactly the H*** are you talking about, Warren?
Poverty will continue no matter how much money you throw at it because it is caused by a spiritual sickness.
What benefit is that?
Considering the war on poverty being fought by that same government is a huge cause of the poverty, I think that’s a really bad idea.
Buffett has paid for enough abortions to equal the population of Chicago.
Even Buffet could get it. His wealth certainly doesn't come from direct investments in government.
Maybe Warren ought to put his money where mouth is and use HIS money.....and not ours.
I have worked in neighborhoods that were below the poverty line most of my adult life.
No one was going hungry and many looked like they have been eating very, very well; to the point diabetes and hypertension is certain at 30 years old.
A poverty of ethics, morals, personal responsibilty and conscience perhaps.
anytime Buffet wants to spend a few billion from his small change fund.....to “help fight poverty”..... he’s more than welcome to do so
hw can’t take it all with him anyways
15 Trillion since LBJ created the “Great Society”. The black community, the Hispanic community and the White community have all suffered.
The predominate white “middle class” family that pays taxes has been destroyed via debt and interest paying for the “Great Society”.
That is what LBJ created. That is Democrat Socialist Policy!!!!
Want to help the poor, provide rent free high rise apartments, and build them in Chappaqua NY. I’m sure the locals won’t mind.
This from the man who allowed pension funds and churches buy worthless mortgage backed securities.
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