tag:blogger.com,1999:blog-1592992209402300549.post6446818239514561042..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: Have I Ever Said That Warren Buffet is a Stinkin' Hypocrite?SiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1592992209402300549.post-1644944813768847212017-07-02T20:12:25.837-04:002017-07-02T20:12:25.837-04:00The reason we haven't seen more inflation in c...The reason we haven't seen more inflation in consumer goods is that most of the money the Fed created went into increasing stock values; fortunately for us it did or we would have seen bigger problems than we did - which essentially supports your point that the real reason for all of the 'emergency' and 'bailout' money paid out 2007 onward was to rescue the financial industry from its own choices and make sure they kept making money.Jonathan Hhttps://www.blogger.com/profile/10476185257203343474noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-24596830383436632692017-07-02T10:43:28.272-04:002017-07-02T10:43:28.272-04:00I'd settle for "Audit the Fed". I s...I'd settle for "Audit the Fed". I suspect if that was done honestly, the Fed would soon be dead. And most of the Federales would be in jail for a LONG time.Mark Matisnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-63632247362353595932017-07-02T01:21:17.465-04:002017-07-02T01:21:17.465-04:00If Congress had not bailed out the foolishness of ...If Congress had not bailed out the foolishness of the banks people like Warren Buffet would have been bled billions in investment losses. The politicians will always look out for their contributors. Buffet also made an extra billion in income each year that the pipeline was delayed...nice money if you have the connections. And who pays extra for gasoline..yup, the average American driver forced to subsidize good ole Warren because of higher transport costs of crude. And don't get me started of Warrens train...there is no reason a diesel electric shouldn't be converted to electric but Warren would need "incentives" to carry that out. The Warrens are a problem and not a solution. indyjonesouthereAnonymousnoreply@blogger.com