In response to:

Buffett Boosts Own Morale with Hypocrisy

Illbay Wrote: Nov 30, 2012 2:13 PM
The very instant it became "important" for the Federal government to have this role in deciding who's rich and who's not, who gets taxed how much and who RECEIVES taxpayer money, who is "entitled" to receive consideration for their racial make-up or past history of those who look like they do by some bureaucrat or judge somewhere... That is the instant this country began to decay.

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