Tag Archives: Warren Buffett

Buffett says bitcoin is ‘probably rat poison squared’ – explains why he doesn’t like it.

Warren Buffett says that bitcoin is “probably rat poison squared”. This explains why rats like Munger and Buffett don’t like it.

Bitcoin is indeed rat poison to authoritarians worldwide whether socialist, fascist, communist or any other type. Bitcoin allows individual people to protect themselves and the products of their lives from authoritarian-wannabes like Buffett and Munger. People who are willing to sell everyone else down the river in order to ingratiate themselves with the so-called elites worldwide: people who don’t care about how much inflation eats away the value of people’s savings, people who don’t care that people can’t protect themselves from the authoritarians confiscatory policies worldwide.

So yes, Buffett is right, Bitcoin is rat poison squared, and it is deadly to rats like him who don’t care about everyone else and who are willing to sell them down the river.

Buffett says taxes are too low, but doesn’t pay more himself

Echoing his comments in June, Warren Buffett is complaining about tax rates as being too low. The relevant question is: has he done anything about it or is he just being a hypocrite, again?

Let?¢‚Ǩ‚Ñ¢s see what Buffett has actually done instead of said: Buffett is giving away is fortune (http://money.cnn.com/2006/06/25/magazines/fortune/charity1.fortune/). Good for him, great choice, it is nice that he has the right and freedom to do as he sees fit with the money he has earned. Too bad Buffett doesn’t think that others should have that same freedom.

What precisely is Buffett doing? He is giving his fortune to tax-exempt foundations. So, if you REALLY want to pay more taxes, Warren, why do this? Continue reading Buffett says taxes are too low, but doesn’t pay more himself