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Buffett Boosts Own Morale with Hypocrisy

SpaceVegetable Wrote: Nov 30, 2012 6:14 PM
We have plenty of opportunity. AT least, we do for now. Obama and company are determined to put as many roadblocks in the way of our individual success as the can get away with. They want us all to be fat dumb and happy (and stupid) living on our government handouts and letting government take care of us.

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