And so Obama called Buffet who then bought $5B in BofA, and now....
Following reports that President Obama phoned Warren Buffett from vacation in Martha’s Vineyard to discuss the economy, The “Oracle of Omaha” is hosting a fund-raiser for Obama’s re-election, billed as an “economic forum,” Page Six has learned. Tickets for the event at New York’s Four Seasons restaurant on Sept. 30 start at $10,000 a head, with VIP tickets a budget-boosting $35,800.
Now, this is not the first such symbiotic/parasitic govt corp cooperation in this administration.
We have GE, whose $3.2B refund, and appointment of Immelt to head his board of economic advisers, made a joke out of ‘fair share’, and ‘closing loopholes’ as anything but a gathering of partisan words bereft of connection to the objective world.
We have Comcast/NBC/MSNBC where Obama spent dinner on the Vineyard the other day.
We have the ‘new politics’ of Goldman execs coming and going in the admin.
But this kind of cooperation has history in HISTORY, as a road to benefits, and a shortcut to profit without the risk of competition, and free enterprise and all it’s ‘inefficiencies’
BASF
Hoechst
Bayer
Krupp
Thyssen
Now I am not making comparisons of type in govt., or in personality or leadership But I am making them in kinf and quality of corruption. Big business and govt cooperating WILL END IN CORRUPTIONS TO THE SYSTEM AS WELL AS THE PEOPLE.
I am CERTAIN that Buffet et al don’t even see anything wrong, and he probably thinks of this act as patriotic.
It is not, though.
Govt and BIG BUSINESS corrupt each other for mutual amoral purposes.
FAUX PROFIT AND ILLEGALLY OBTAINED POWER.
John Malcolm calls from the grave.
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