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Thread: Buffett Gives Kids Foundations $3 billion

  1. #51
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by Hatuey View Post
    No, what your presence in this thread has been about is you being on your usual tyrades against buffet.
    When Buffett stops the crap I'll stop the "tirades".
    You must really be bothered at the notion that one of your revered 'job creators' as you've called them, has asked for others like him to play bigger roles in their societies by giving away their money.
    I always have a problem with people trying to tell others what to do with their money, I couldn't care less about the Gates pledge though since it's a request.
    So you find a place where less than 10% of his net-work could be used in a less than ethical manner and all of the sudden his "hypocrisy" is a fact. Spare me the partisanship.
    He is unethical, he supports laws that favor Hathaway, such as a certain piece of legislation favoring railroads BH had money in, he is a tax dodger in the very vein of the left's complaints and in ways that make me cringe, there was that tax matter with the IRS, and so many other ways they manipulate the market in their favor. But I'm the bad guy?
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  2. #52
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    Re: Buffett Gives Kids Foundations $3 billion

    I'll withhold my judgement until I know just how much these charities spend.
    The thing about charities most people don't realize, is that there is no legal obligation to spend X% of money on their causes.

    They can literally spend no money on the causes they advocate for.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by LaMidRighter View Post
    And that pay them well. Let's not forget that Buffet could have given to other charities without any gain to himself, but shelter his kid's inheritance through their foundations. Had anyone else but the poster blimp Buffet done this the same people defending the jackass would be demanding prison terms for him. Like I have said here if his nose is clean whatever but if he broke one law or screws up the scheme I hope he gets every second of punishment.
    You don't have a clue about how a charitable foundation is run or the laws that govern their finances.You think Buffets chlidren should be paupers?
    On the other hand, demonzing the wealthy is a good thing. If Buffet does it for you, that's just fine.
    I would love to put those Koch Bros. in jail too. I'm sure they have broken enough laws to put them away for a long time.
    Last edited by iguanaman; 09-02-12 at 01:07 PM.

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by iguanaman View Post
    You don't have a clue about how a charitable foundation is run or the laws that govern their finances.
    Take the attitude somehwere else. I was in the financial industry, and have known plenty of wealthy people and their employees who ran charitiable orgs. I do know how they work very well and you assume too much.
    You think Buffets chlidren should be paupers?
    Never said that, what I have said is Buffett is a hypocrite for saying his kids get nothing and that people should be taxed more, while denying their own kids inheritance, and then channelling money to his kids through a shelter.
    I'm tired of Buffett being heralded by the people who demonize others for doing everything this clown does. And I'm tired of this economic cheater being treated like some kind of genius, he's not.
    On the other hand, demonzing the wealthy is a good thing. If Buffet does it for you, that's just fine.
    It's not his wealth, pay attention.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by Harry Guerrilla View Post
    I'll withhold my judgement until I know just how much these charities spend.
    The thing about charities most people don't realize, is that there is no legal obligation to spend X% of money on their causes.

    They can literally spend no money on the causes they advocate for.
    I have a problem with the double standard, Buffett is one of the most unethical money men in our time, right up there with George Soros. There are laws passed that created monopolies for Buffett's Berkshire Hathaway corp., market manipulation, and outright tax dodging but he gets a pass because he tows the extreme left positions and talking points. If a Republican/conservative/libertarian did the same thing people would be calling for a firing squad, and frankly I would be saying the same thing. I love when people can make millions and billions ethically, Buffett isn't that, as well he could have given that money to any charity, kind of funny it went to those run by his kids.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by LaMidRighter View Post
    Take the attitude somehwere else. I was in the financial industry, and have known plenty of wealthy people and their employees who ran charitiable orgs. I do know how they work very well and you assume too much. Never said that, what I have said is Buffett is a hypocrite for saying his kids get nothing and that people should be taxed more, while denying their own kids inheritance, and then channelling money to his kids through a shelter.
    I'm tired of Buffett being heralded by the people who demonize others for doing everything this clown does. And I'm tired of this economic cheater being treated like some kind of genius, he's not.
    It's not his wealth, pay attention.
    Let's see...... a man gives $3 billion to charity and you think he should be jailed for it? I never heard him say that his kids would get "nothing", just that they will not inherit the bulk of his dynasty.
    Is that what he should be jailed for? Stating that an aristocracy of the rich is unamerican?

    Do you think our forefathers would rebel against the European aristocracy of the land to replace it with another even more pervasive aristocracy?

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by iguanaman View Post
    Let's see...... a man gives $3 billion to charity and you think he should be jailed for it? I never heard him say that his kids would get "nothing", just that they will not inherit the bulk of his dynasty.
    Is that what he should be jailed for? Stating that an aristocracy of the rich is unamerican?

    Do you think our forefathers would rebel against the European aristocracy of the land to replace it with another even more pervasive aristocracy?
    Please point out where he called for jailing Buffett?

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by iguanaman View Post
    Let's see...... a man gives $3 billion to charity and you think he should be jailed for it? I never heard him say that his kids would get "nothing", just that they will not inherit the bulk of his dynasty.
    Is that what he should be jailed for? Stating that an aristocracy of the rich is unamerican?

    Do you think our forefathers would rebel against the European aristocracy of the land to replace it with another even more pervasive aristocracy?
    Plenty of people have been convicted for charity fraud, it's called tax evasion. I don't know yet if he's done that or not but you didn't address the unethical practices Buffett engages in that you would flame any Republican or independent for, now if Buffett doesn't cross a "t" properly, IOW makes 1 mistake in his tax sheltering I hope he gets nailed on it, at his age it's life in prison. See, I actually hold people accountable.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by washunut View Post
    Please point out where he called for jailing Buffett?
    If it can ever be proven Buffett broke the law, or if he screws a scheme up and violates a law I want him fully accountable legally. I don't want him jailed "just because", but Buffett is one of the worst market manipulators and ironically he's a favorite money man on the left, more favored than people who play by the rules.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by LaMidRighter View Post
    Plenty of people have been convicted for charity fraud, it's called tax evasion. I don't know yet if he's done that or not but you didn't address the unethical practices Buffett engages in that you would flame any Republican or independent for, now if Buffett doesn't cross a "t" properly, IOW makes 1 mistake in his tax sheltering I hope he gets nailed on it, at his age it's life in prison. See, I actually hold people accountable.
    LOL Only if you disagree with his politics though. Romney taking amnesty for his illegal Swiss account is just fine with you. The Koch Bros, funding pseudo science "studies" disproving global warming is OK with you too. You just hate when rich people act out of patriotism and generosity because it make the greedy SOB's on your side look bad.

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