Friday, July 8, 2011

Warren Buffet Angling For Insider Trading Shot

Buffett on economy

Business leader says job growth won't improve until housing construction rebounds.

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As Obama haggles for infrastructure stimulus money in the debt ceiling negotiations, Warren Buffet aligns with the Left as their unofficial economic spokesman.

Infrastructure jobs is nothing but 2012 election promises of union contracts for federal construction projects and .Warren Buffet wants in on the ground floor.

It wasn't two years ago the mantra was " We have to spend our way out of this recession." How did that work out? The only thing that was shovel ready, was the load of shit, Obama was talking.We on the Right knew that was wrong then, and it is still wrong today. You didn't have to be Warren Buffet to realize it either.

I'm going to go against Buffet on the "housing construction" theory too. Common sense says, you better have a job, before you buy a house. Not buy a house, then hope to get a job. Job growth will bring back housing construction, not th other way around as Buffet contends.

Do you now wonder a bit if Buffet made his money honestly, or was he working with insider trading knowledge? I mean if you knew every card in the deck, you could break Las Vegas. Perhaps Buffet saw the cards in advance on Wall Street as he amassed his billions. Kinda like George Soros.

Some economic advisor.

Steve

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