In response to:

Buffett Boosts Own Morale with Hypocrisy

aj59 Wrote: Nov 30, 2012 9:13 AM
Excellent idea, Que - except because you use common sense, and your plan makes the current president's assertion that the "rich" need to "pay more" (which EVERYONE with a BRAIN knows will never happen for the exact reasons Mr. Ransom states above) a reality, it will NEVER happen. I really am starting to believe nothing short of another American Revolution is going to fix this mess.

The government revised upward its initial reading of third quarter GDP from 2 percent to 2.7 percent in a move that was widely expected by economists.

And everyone said “yawn.”

That’s because the GDP growth was more government puffery. The increase was borrowed or freshly minted money. The government merely accelerated spending, filing one hole, while digging another- deeper- hole, in Obama’s latest 60-year-same-as-cash financing offer.  

At least that’s what the markets have felt apparently- reacting with shrug to another wave of “good” news coming out of the government about how great things are for the folks back...

Related Tags: Hypocrisy