Comments: Why Are Buffet And Gates Hopeful About America?

Pro-status-quo reassurances from the filthy-rich likes of Gates and Buffett are inherently non-credible... well, unless they're talking to fellow plutes.

Posted by CH at January 30, 2017 2:15 PM

Love your reporting, sweetie.

But you've got to add a Twitter link so I can tweet your thoughts to the world.

Carry on!

Posted by Cirze at January 31, 2017 2:49 PM

Umm, no. When the heavy tanks roll in, only a fool points his bazooka at sparrows.

Both Buffett and Gates have social consciences. Buffet has fun picking good stocks. That's hardly in a category with, say, condemning innocent refugees to misery and death, or corrupting the very office of the presidency. Moreover, he has made a business out of sharing his knowledge and decisions with ordinary investing folks with a few thou to put into the market. (Ask anyone who was wise enough alas, not I to have purchased Berkshire Hathaway in its early days.) It was Buffett, pleased remember, who pointed out with some outrage that his secretary pays taxes at a higher rate than he.

Gates has pushed fellow billionaires into philanthropy, with varying degrees of success. But he is shedding a large part of his personal fortune for good causes, reasoning that once you have enough to live fabulously well ten times over, you don't need the rest.

This society has a real problem, and right now it is not Gates and Buffett. The Engine Room of Evil is the White House. Aim your artillery in that direction.

Yours very crankily,
The New York Crank

Posted by The New YorkCrank at January 31, 2017 3:59 PM
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