Obama supporter, multi-billionaire, hedge-fund director Warren Buffet has been quite vocal in his calling for higher taxes on the “wealthy.” Buffet put his name to an August 15theditorial on “shared sacrifice” in the New York Times, writing:
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.
These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.
Let’s try to forget for a moment, dear readers, how many millions (billions?) these mega-wealthy individuals and corporate conglomerates spend yearly on lobbying congress for those showered “blessings,” as well as how many millions more they pump into campaign coffers on the strength of promised “blessings.” Let’s try to give Warren Buffet the benefit of doubt on the patriotic mantle he’s assuming here. And let’s try to remember that he could just be indulging a guilty conscience and trying to do something he perceives as “good for the little people” before he dodders off to his final reward or lack thereof. Benefit of doubt hereby granted.
Let’s just stick to the facts of the matter at hand here.
Following a personal call from President Obama from his Vineyard-vacation hideaway, Buffet has pumped a cool $5 billion into a floundering Bank of America. And it has today been reported that Mr. money-bags Buffet made a cool $280 million dollar profit in a single day on this personal investment.
So, surely, Warren Buffet’s $280 million dollar gift check is in the mail – as we speak – to the U.S. Treasury.
In fact, I expect patriotic Democrats to be following Buffett’s example immediately and they can find all the info they need right on the U.S. Treasury website, like I did:
Gifts to the United States Government
How do I make a contribution to the U.S. government?
Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called “Gifts to the United States.” This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States. Money deposited into this account is for general use by the federal government and can be available for budget needs. These contributions are considered an unconditional gift to the government. Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.
Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
It has also been reported today that Warren Buffett will be hosting a September 30 fundraiser for President Obama in New York, where he is sure to pass the hat. And surely the reporter who said this will be a political fundraiser to plump the personal campaign chest of Barack Obama got it wrong.
Surely – oh, surely – Mr. Buffett will actually be passing the hat amongst his mega-rich friends for patriotic gifts to our sad and beleaguered U.S. Treasury instead.
If personal gift checks are not immediately forthcoming, then I am hereby declaring all of these Democrat “patriots” are, in reality, cowards and liars. Actions speak louder than words, honey. And that’s true whether one is rich as sin or poor as dirt. Time to call the bluff of every one of these hypocrites.
Put your own money where your mouth is, or shut the heck up.