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alstry (< 20)

It is amazing to watch Warren Buffett mock the Fools



March 03, 2011 – Comments (8)

Last Fall, Warren wrote a letter to his Rich Uncle Sam thanking him for bailing out Berkshire otherwise it would have gone bankrupt.

What Warren knows is that he was writing a letter to WE THE Uncle Sam is only a physical respresentation of the U.S. Government and the U.S. Government is really WE THE PEOPLE.

In essence, Warren is thanking WE THE PEOPLE for allowing WARREN to be rich....but for WE THE PEOPLE bailing him out, Warren's Berkshire would be bankrupt.

The crazy part is WE THE PEOPLE did not bail out WE THE millions of us are going broke and being foreclosed by the very same institutions WE THE PEOPLE bailed out.

Silly can't have WE THE PEOPLE bail out only select PRIVATE instititutions and not others and maintain the CONSTITUTION/DEMOCRACY we the people CURRENTLY live under.

WE THE PEOPLE MUST LEGALLY OWN what we bailed out.....otherwise WE THE PEOPLE HAVE TO BAIL OUT EVERYONE....including teachers, firefighters, police officers etc.....that is what all men are created equal is all about.

Here is where the fun part kicks in.....WE THE PEOPLE ARE FIGURING THIS OUT.....and we have a tough choice ahead of us.....ARE WE THE PEOPLE GOING TO OWN EVERYTHING....essentially adopt communism which would be the correct system based upon the current behavior of Congress/Wall Street.....or are WE THE PEOPLE going to let PRIVATE property fail and maintain private property rights in America?

You can't have both ways....where WE THE PEOPLE bail out PRIVATE entities BUT WE THE PEOPLE don't own those entities.....WE THE PEOPLE should own WHAT WE THE PEOPLE take on as liability......because once the people figure out they are really the rightful owners and are getting deprived of those rights....they revolt.

Just wait until the people figure out that WE THE PEOPLE are the rightful owners of the banks and really WE THE PEOPLE owe the money to you think WE THE PEOPLE really have to pay back the loans to WE THE PEOPLE?

or will WE THE PEOPLE simply bail out WE THE PEOPLE TOO?

Can you imagine how hard Buffett is laughing everytime he sees one of WE THE PEOPLE getting foreclosed by we the people bailed out Wells Fargo?....and WE THE PEOPLE remain silent?

8 Comments – Post Your Own

#1) On March 03, 2011 at 2:57 PM, chk999 (99.97) wrote:

Using LOTS OF CAPITALS always MAKES AN ARGUMENT more persuasive.

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#2) On March 03, 2011 at 3:09 PM, L0RDZ (90.09) wrote:

LOL... even Alstry now has to acknowledge that Uncle Sam isn't broke like he's been telling people, but is in fact extremely Rich.

So if we the people are Uncle Sam ? than we also must be Rich ? well some more than others.

Anyways whats amazing is to watch my wealth grow despite you and your end of the world, but hey 2012 is around the corner, just like when people were worried about the world coming to an end because of y2k, I bet Alstry was also predicting doom back in 1998, 1999, 2000, 2001, --- 2003 ,,,, 2004,,,,  ????  he'll be predicting doom in 2030.

Like Dave Chapelle's like to say

I'm rich ....


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#3) On March 03, 2011 at 3:38 PM, alstry (< 20) wrote:

Tell that to the protesters carrying guns........who are NOT getting bailed out.....

It is just a matter of time before Sub Prime Egypt and Libya comes to America and China.....and not that much time now...

Actually, here is what Alstry predicted in 1999.....

and now that the world is bankrupt and we are outsourcing labor to machines...

it's a

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#4) On March 03, 2011 at 3:41 PM, alstry (< 20) wrote:

Actually that was 2009....

and is amzing how rich people can feel borrowing other people's money....

in this case...we are borrowing our childrens' money....until there is no more left to borrow and we are not rich anymore;)

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#5) On March 03, 2011 at 3:56 PM, L0RDZ (90.09) wrote:

Alstry can't even get his dates right...   the world still isn't bankrupt... and I'm still not clicking on any links from any of Alstry's blogs,,, you might catch something ~ be forwarned...

I've learned the hard way to never borrow money to other people ~ because most people have a tendency to not repay their debts.

Meanwhile I stand ten feet tall and bullet proof and I'm looking for them rioters so that I can do my funderwacking dance.

Alstry don't you ever get tired ?


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#6) On March 03, 2011 at 4:04 PM, alstry (< 20) wrote:

Sure it are just to afraid to confront it...just like Madoff was a Fraud....and many were too afraid to confront it....

Think of Alstry as your conscious representin the MILLIONS of Americans not getting bailed out and suffering.....and about to learn that what you have they may be legally entitled to....

If you ever met me at a would know that I am a people person....;)

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#7) On March 03, 2011 at 4:21 PM, leohaas (30.06) wrote:

Boy, you are good at spinning. In the letter, Buffett thanked Uncle Sam for saving the economy: bailing out all of corporate America and 300 million Americans. He does acknowledge that BRK might have fallen too as the last domino, but to construe this as "WE THE PEOPLE (for) allowing WARREN to be rich" and "WE THE PEOPLE did not bail out WE THE PEOPLE" is great spin work.

Buffett was saying that we the people did get bailed out. You may disagree with him on this, but you may not misrepresent what he said.

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#8) On March 03, 2011 at 4:34 PM, alstry (< 20) wrote:

You are dead right...we the people did NOT bail out we the people...

Only some people got bailed out with WE THE PEOPLE's money....

It is everyone's money when it is we the people's everyone should have benefitted equitably...

Please read my next blog....

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