Thursday, March 6, 2008

The sage of Omaha, Warren Buffett

The private preserve of the Forbes family, 'Forbes' magazine has come out with its list of the world's richest. This year the sage of Omaha Warren Buffett takes the gold ring. He's worth us$52000m or us$52bn, a sum which boggles the mind of the poor. Buffett knows how to turn a thin dime into a golden dollar, no doubt about it! He's the only one who has the balls to say that the US is already in recession. Surely a man like him hasn't Herr Bush asking for advice to turn a depressing US economy around.
Buffett turned over a fortune to Bill & Melinda Gates to use in charitable work. And still he made money! He surely smells opportunity which is a rare gift if you look at the bright boys on Wall Street who set up the Ponzi scheme called subprime financial instruments which are sinking the Street, the banks, and the dollar. Would Buffett had done what Herr Bush did by cutting taxes for the rich and famous? Maybe yes, maybe no...Would he have gone to war in Iraq through trickery? Porbably not.
Were there any devine justice, Herr Bush's god would strike him dumb and deaf! Let's see what the sage of Omaha will do with his money to alleviate the plight of America's struggling working poor!

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