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View Diary: Has Warren Buffett lost his mind? Dimon for Treasury Sec? (61 comments)

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  •  similar stuff on the daily show (2+ / 0-)
    Recommended by:
    Don midwest, Gorette

    Buffet paints a real rosy picture of our future because "America" doncha know.

    He seems to think we've done just fine, and will continue to do just fine.

    Oh except for that tax thingy.  He must be worried there'll be a revolution.

    He needs to come over here once in a while and his worries will be put to rest.

    Not enough unhappiness here for a revolution any time soon.  At least not now that a D is running things.  Not sure how it was here when Butcher was in charge, I can imagine it though.

    •  Watching that interview (4+ / 0-)

      made it clear that he lives in a fantasy world of sorts.  It's great that he understands about needing more equity in taxation but he's really on some other plane, or something.  Maybe the longer amount of time that you spend in the upper stratosphere of the 1%, like the .00001%, the less in touch with reality you become.

      Seems a nice guy, yeah, but Jamie Dimon?  What is he smoking?


      "Justice is a commodity"

      by joanneleon on Thu Nov 29, 2012 at 02:49:16 PM PST

      [ Parent ]

      •  I mean (4+ / 0-)

        these guys crashed the economy, fraud from sea to shining sea, and the myth of Dimon being the sharpest of the Wall St guys is long gone.


        "Justice is a commodity"

        by joanneleon on Thu Nov 29, 2012 at 02:50:26 PM PST

        [ Parent ]

        •  Yes, like how many billions were lost by his (3+ / 0-)
          Recommended by:
          joanneleon, 3goldens, divineorder

          people doing stupid things they weren't supposed to do, right under his nose? I can't understand why that recent huge scandal doesn't make Dimon toxic? Well, what are a few billion after all?

          "extreme concentration of income is incompatible with real democracy.... the truth is that the whole nature of our society is at stake." Paul Krugman

          by Gorette on Thu Nov 29, 2012 at 03:26:51 PM PST

          [ Parent ]

      •  fantasy world explains it. (0+ / 0-)

        I was shocked by how confident he was that things will turn around without actually promoting anything other than higher taxes for the wealthy.

        A lot of people comment about the 1% and how since they have so much money you'd think they could do good things instead of what we've been seeing in the election season.

        But I've seen a few descriptions of how they get once they get so much money that they know more money won't make em happy, then they get so power hungry that they start wanting to buy politicians, governments, think tanks, media outlets.  It becomes an insatiable desire like money.

        That kind of explains their attitude towards Obama, even though they did better than ever after the 2008 meltdown and I've been reading today they had another record year.

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