Wednesday, August 05, 2009


Warren Buffet Hypocrite?

At THE NEW EDITOR there is an article that is entitled,

"Is Warren Buffet a Big Fat Hypocrite?"

Since no information is given on Buffet's weight, waist size, etc. (the image doesn't show a fat guy), I'm assuming the 'Big Fat' charge is just mean.

The article comments on a news/opinion piece in Reuters that says that much of Buffet's wealth would have been wiped out without the bailouts and that Buffet lobbied for the bailout.

Let's assume that this is true (i.e., Buffet profited from a bailout for which he lobbied. Where did Buffet ever say that he would never lobby or that no one should lobby? Without that, all one can say is that Buffet did what many, many others do (i.e. lobby for their own interests). Perhaps the writer making the hypocrisy charge thinks Buffet poses as a pure and innocent guy. Perhaps so. However, the case wasn't made.