Monday, March 01, 2010
Capitalist or Parasite? Warren Buffet Promotes Government Healthcare
Warren Buffet believes that healthcare is a drain on businesses and should be shouldered by the federal government. This is the same man that favors higher taxes, particularly estate taxes. Buffet has benefited from higher estate taxes by scooping up privately/family owned enterprises that have disproportionate tax burdens after the owner died. He's made a lot of money this way.
If Warren was a true capitalist, he would be for free market answers to who is going to pay citizens medical bills. By being for government healthcare, he has demonstrated he is not a capitalist, but a corporatist parasite and opportunist that looks to his own bottom line, not as a rational self-interest, but as a Jim Taggart type of businessman. He has more in common with George Soros than he does with Milton Friedman that is for sure. I find his "advice" disingenuous and and transparently self-serving. If this is the example of what American capitalism is, or has become, then we've gone down the wrong road.
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