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How Buffett Repays America

Kenneth L. Wrote: Nov 28, 2012 9:01 AM
This "fiscal cliff" (Bernanke's invention) talk is providing a fig leaf for everyone, GOP included, to discuss "revenue." What does "revenue" mean? A la 1984, it means the opposite of what it says, if we can believe the evidence of history. The best way to increase revenue, as has been shown many times by Thomas Sowell, and now just as convincingly by Stephen Moore, is to LOWER tax rates. Of course, the "revenue" approach being advanced by Obama, the Democrats and the media is tax rate increases. Tax rate increases will only slow the economy and kill job creation. But hey...

In many ways Warren Buffett remains me of J. Wellington Wimpy knows to any fan of Popeye the cartoon series and comic strip as Wimpy, have a lot in common.

On Google J. Wellington Wimpy is described as soft-spoken, very intelligent, and well educated, but also cowardly, very lazy, overly parsimonious and utterly gluttonous.

I will not go as far as calling Warren Buffett cowardly or lazy but he is a very intelligent person known for being overly parsimonious and considering his riches many would suggest utterly gluttonous.

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