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Laws and Rules for Wile Coyote, Congress and US Economy

brosenburg Wrote: Jan 06, 2013 8:33 PM
Today's #1 cohort and sycophant, Warren Buffett (author of the Buffett Rule) is seeing a grand windfall in the "fiscal cliff" deal from his efforts through the Washington Post, Buffalo News, and 63 newspaper network of Media General. These newspapers keep the "zombies" in the dark to the Obama Administration's failed (disastrous) economic policy and the exposure of the scandals that would have collapsed any GOP leadership (Fast & Furious" and the Benghazi incompetence and cover-up). Warren Buffett's investments have seen grand rewards in the "fiscal cliff" deal. Goldman Sachs ($5 B investment just before the bailout), BofA ($5 B making Berkshire the #1 shareholder), Washington Post , and GE ($3 B investment) all saw pork in this deal.

Washington passed a fiscal cliff deal that honors the most famous cliff diver in history - Wile E. Coyote. Just as Mr. Coyote obtained complex and ludicrous devised plans from a mail-order company Congress cobbled together yet another bill that pretends to have answers but leaves lots of questions and more frustration.

Just as the template for the Road Runner cartoon saw contraptions used by Wile E. Coyote "invariably fail in improbable and spectacular ways" each issue that gets resolved in Washington these days is doomed to failure. Part of the reason failure is inevitable is because core problems are...