Warren Buffett: I'll match Republican contributions to debt

gablestout said on January 12, 2012 at 11:27 PM

And blogging in the comment section of a news website is courageous?

rnl52 said on January 12, 2012 at 10:27 PM

Haha, GOP (Greedy Old Perverts) are cowardly, like a turtle. Maybe Captain Orange (Boehner) will come forward.....doubt it.....they never made a sacrifice for their country.....like Romney, Boehner, Gingrich, Rush, Hannity, Beck, Wallace, McConnel, they never served WHAT? Cheney? None of these Rat Bas**rds did. And you brain dead fox propaganda viewers just keep on with the ignorance, huh? Yeah....re-elect a con that never serv ed and will promise to cut the !% taxes, and raise yours. You be smart.

bloodsurf69 said on January 12, 2012 at 8:05 PM

It's like they are daring each other to pay their taxes.

James_Brunkec07 said on January 12, 2012 at 6:23 PM

Dottering old fool..Character is when you do the right thing when no one is looking...Shut up and write your check

HomeHorthwest said on January 12, 2012 at 5:19 PM

Dear Mr. Warren Buffett, the $1,000 Trillion in unfunded liabilities for the Federal Government was from auditing OPM, Fed. Civilian Unfunded Pension $1.6 Trillion, Fed. Civilian Unfunded Healthcare $355 Trillion, Fed. Civilian Disability Unfunded $21.8 Trillion, Military Pension Unfunded $1.3 Trillion, Military Retiree Healthcare Unfunded $905 Trillion, Vet. Disability Pension unfunded $1.5 Trillion. These numbers are based Net Present Value with 8% investment growth and 4% GDP for $1,000 benefits payout in the future. If you put in the real economic returns of 2%-4% Int and 2% GDP these numbers explodes to even larger unfunded numbers. What do you do with ill-responsible financial people in your business organization? Do you actually think taxation is going to fix this fiscal mess or do you think people need to pay for their own benefits from their base salary in their own accounts?

HomeHorthwest said on January 12, 2012 at 4:55 PM

So you think you are rich enough to allow government to operate unbridled running up debt, deficits and raiding children's education trust funds? Take a look at Washington State, $70 Billion debt (Debt Affordability Study Treasurer McIntire), $24.1 Billion Unfunded Liabilities (Auditor Sonntag) that's $94.1 Billion in unpaid bills. 2011 Sine Die the legislature raided the Children's education trust fund GET for $2 Billion at 15%, they now owe between $300 million to $500 million in interest for 2010 and 2011. Mr. Warren Buffett, what do you do with people who operate with such financial misconduct in your business empire? The person's name who raided the Children's GET trust fund is Ross Hunter! What would you do with a person like him?

awol50 said on January 12, 2012 at 4:52 PM

Now if Warren really thought the feds were such fine stewards of our hard earned money, he would not have set up a series of elaborate trusts and charitable foundations to reduce his federal taxable estate upon his death to next to zero. So Warren, just shut up and go home and play bridge with your buddy Bill Gates. We don't need any more motormouth rich liberals whining why everyone else's taxes should go up.

HomeHorthwest said on January 12, 2012 at 4:41 PM

Mr. Warren Buffett, the unpaid bill is not $1 dollar. It's $117 Trillion in unfunded liabilities in SSI, Prescription Drug, and Medicare. It's another $1,000 Trillion in unfunded liabilities for the Federal Government workers and retirees. Let us not forget the $15 Trillion in annual unpaid bills. Not $1 Dollar. It seems to me you are too eager to have people pay more taxes, what have you invested in that require tax payer to pay more, have you bet the wrong direction in interest rates or possibility of default? Like what happen in May to Aug 2011 when treasury defaulted on payment to FERS, CSRDF and other federal retirement plans invested in treasuries? (Source GAO-12-164)

soprema1 said on January 12, 2012 at 3:11 PM

Hey Jackwong-----ha----haha---hahaha----HAHAHAHAHAHAHAHAHAHAHAHAHA ----enough said

tootoo said on January 12, 2012 at 3:09 PM

@taylorwood If liberalism is "ignoramus", that must make conservatism "neanderthalish".

bfailing21667331 said on January 12, 2012 at 2:42 PM

Jackwong, you are wrong?

taylorwood said on January 12, 2012 at 2:34 PM

All one needs to do is read posts from the likes of jackwong, and flintone, to get a prime glimpse of the ignoramus that is liberalism. Probably very decent people, just seriously misguided in this arena of thought.

flintone said on January 12, 2012 at 2:25 PM

Yes I agree. The rethugs would never stoop to that level.

saynotolibs said on January 12, 2012 at 2:20 PM

@red, OK, maybe you are confusing the words pledge and donate. And, wow, the name calling on here...pretty juvenile.

flintone said on January 12, 2012 at 2:12 PM

Coyotebmw---- I will have you know the Rethuglican party needs no help to look stupid, evil and out of touch ...they do that fine on their own, and your help is the icing on the cake!!

firesoul said on January 12, 2012 at 1:21 PM

@jackwong: You seem to imply that rich people are mostly republicans, which is pretty absurd. Is Warren Buffet the only rich democrat you can think of? Most of the wealthy people I know are democrats, for what it's worth.

Kim62 said on January 12, 2012 at 12:32 PM

Mr Buffet must be looking for a nice way of saying that your retired grand parents or parents need to have their taxes raised as well. Question, where does nearly every cent of Mr. Buffet's money come from? INVESTMENTS. He does not make virtually any of his money from income from a job. Furthermore he can lower his taxable income even more just by changing what he invests in. Oh and I love reading the comment about how Mr. Buffet is donating 99 percent of his money to charity like it makes him so much above regular rich people. Donating to charity is a WONDERFULLY philanthropic gesture. But it is not the same as giving even more of his money DIRECTLY to the government in TAXES.

redrabbit said on January 12, 2012 at 12:29 PM

@saynotolibs, In 2006 Buffet donated X number of his own shares of Berkshire Hathaway (which were worth about 30 Billion at the time) to BMGF. They receive 5% of that amount annually, so whatever the number might be today...

yessir said on January 12, 2012 at 12:25 PM

LOL... Jack... I think about 95% of your posts are written just to put the neocons on here into a froth-mouthed tizzy

saynotolibs said on January 12, 2012 at 12:13 PM

@red, from what I can see on CNBC the contributions to the Gates foundation are closer to 8 billion.

jackwong said on January 12, 2012 at 11:57 AM

Kudos to Mr. Buffet for shutting up all those idiot Republicans for their nonsense. The rich have oppressed the middle class for way too long... It's nice to have a rich guy on OUR side for once. I also give kudos to President Obama for bringing Mr. Buffet in to our side. Once President Obama whoops Romney on 2012, it's going to be free healthcare.

redrabbit said on January 12, 2012 at 11:53 AM

c8lsonics, you're a loon. And obviously not a very bright one. In 2006 Buffet pledged to give away 99% of his wealth to charities. And he has been delivering on his pledge ever since. He donated about 30 Billion of his own money to Bill and Melinda Gates foundation. I know this is not the kind of information you would hear on your favorite channel - FOX news, so your ignorance is excused.

olyhulagirl said on January 12, 2012 at 11:21 AM

I admire Mr. Buffett for standing up and trying to help end the insanity. As folks rant and rave about liberals, they need to think back to the tax rates of great republicans like Reagan and Eisenhower and look at the positive lifestyle of Americans that was afforded by their decisions. My uncle is a 1% and he has always bragged about his lack of tax liability due to his loop holes. God bless him, but the middle class needs some help here to keep this nation great. Otherwise, we are sinking to the level of all third world economies......

saynotolibs said on January 12, 2012 at 11:18 AM

Really Warren, if the option is there to make a donation just do it!

c8lsonics said on January 12, 2012 at 10:33 AM

Buffet is a loon. " I will only do something if someone else does something." He won't "donate" any more than what is forced from him from the IRS. "Use everyone else's money except mine." Typical liberal. To say that the offer is only to the GOP side means nothing. All politicians, including the democraps spent us into oblivion!

coyotebmw said on January 12, 2012 at 10:28 AM

If Buffett really wanted to help the debt, he would just do it. Otherwise, it is just grandstanding! He is trying to make the GOP look bad, for purely political reasons.

torkezilla said on January 12, 2012 at 10:27 AM

I think buffet should whining and stroke a check to the feds. It's amazing that proglodytes can't recognize the real problem (OUT OF CONTROL GOV. SPENDING) but that's what proggies do. ATTENTION twotwo.

tootoo said on January 12, 2012 at 10:16 AM

I love Warren Buffett. He makes Republican's heads explode, because they can't comprehend a rich person wanting to contribute back to society.